Global Carbon Fiber Market Size study & Forecast, by Raw Material, by Type, by Form, by End-Use Industry and Regional Analysis, 2023-2030

Description

List of Tables

Global Carbon Fiber Market is valued at approximately USD XXX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Carbon fiber is made of atoms of carbon with a diameter ranging from 5 to 10 micrometers. It also comes by the name graphite fibre. These fibres have stronger chemical resistance, higher strength-to-weight ratio, lower thermal expansion, higher tensile strength, and higher high-temperature tolerance. These characteristics of the carbon-based fibres make them the material of choice for applications in the fields of aerospace, automotive, defense, building, wind turbines, and sports. The demand for lightweight vehicles and automobiles is expected to expand, which would propel the market for carbon fibre. Key elements influencing the market outlook include the rising demand for fuel-efficient automobiles and stringent regulatory rules addressing carbon emissions. Also, growing demand for high-performance carbon fiber in aerospace & defense is anticipated to support the market growth.

Moreover, the rising demand for electric vehicles is indeed supporting the growth of the carbon fiber market. Carbon fiber is a lightweight material that has a high strength-to-weight ratio, making it an ideal material for use in electric vehicles. By using carbon fiber components in electric vehicles, manufacturers can reduce the weight of the vehicle, which can help to improve its energy efficiency and range. According to International Energy Agency (IEA), in 2020, the number of electric vehicles sold in the United States was 295000 and the number increased significantly and reached 631000 in 2021. As a result, the rising demand for EVs is anticipated to propel the market growth. Additionally, rising application of carbon fiber in wind turbines and increase in the use of carbon fiber in medical industry is anticipated to create a lucrative opportunity for the market during the forecast period. However, the high cost of Carbon Fiber stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Carbon Fiber Market study include: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022 owing to the presence of a wide base of electric car manufacturers, increasing demand for lightweight and fuel-efficient vehicles, and growth of the aerospace & defense industry in the region. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing urbanization and rising public investment in infrastructure. Market expansion will be driven by the expanding usage of construction composites in China and India while constructing homes, bridges, and tunnels. A significant market opportunity for product adoption in the construction industry has been established by the presence of top building companies throughout Asia and the Pacific. The need for products in the region is also being driven by the growing investment in the aviation, aerospace, defense, and renewable energy industries.

Major market players included in this report are:

Toray Industries, Inc. (Japan)
Solvay (Belgium)
Nippon Graphite Fiber Co., Ltd. (Japan)
TEIJIN LIMITED (Japan)
Hexcel Corporation (U.S.)
ZOLTEK Corporation (U.S.)
HYOSUNG ADVANCED MATERIALS (South Korea)
Advanced Composites Inc. (U.S.)
Mitsubishi Chemical Carbon Fiber and Composites, Inc. (U.S.)
Formosa M Co., Ltd. (South Korea)

Recent Developments in the Market:

In February 2021, Teijin Limited launched the brands of carbon fibre intermediate materials known as Tenax BM (beam series) and Tenax PW (power series) for use in sports equipment. Due to its outstanding toughness and durability, this launch will aid the business in maximising power.

Global Carbon Fiber Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Raw Material, Type, Form, End-Use Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Raw Material:

Pan-Based carbon fiber
Pitch-Based & Rayon-Based carbon fiber

By Type:

Continuous carbon fiber
Long carbon fiber
Short carbon fiber

By Form:

Composite carbon fiber
Non-Composite carbon fiber

By End-Use Industry:

Aerospace & Defense
Sports/Leisure
Wind Turbines
Molding & Compounds
Automotive
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Carbon Fiber Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Carbon Fiber Market, by Raw Material, 2020-2030 (USD Billion)
- 1.2.3. Carbon Fiber Market, by Type, 2020-2030 (USD Billion)
- 1.2.4. Carbon Fiber Market, by Form, 2020-2030 (USD Billion)
- 1.2.5. Carbon Fiber Market, by End-Use Industry, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Carbon Fiber Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Carbon Fiber Market Dynamics

3.1. Carbon Fiber Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising penetration of carbon fiber components in automotive industry
  - 3.1.1.2. Government regulations for emission control
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Carbon Fiber
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rise in application of carbon fiber in wind turbines
  - 3.1.3.2. Increase in use of carbon fiber in medical industry

Chapter 4. Global Carbon Fiber Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Carbon Fiber Market, by Row Material

5.1. Market Snapshot
5.2. Global Carbon Fiber Market by Raw Material, Performance - Potential Analysis
5.3. Global Carbon Fiber Market Estimates & Forecasts by Raw Material 2020-2030 (USD Billion)
5.4. Carbon Fiber Market, Sub Segment Analysis
- 5.4.1. Pan-Based carbon fiber
- 5.4.2. Pitch-Based & Rayon-Based carbon fiber

Chapter 6. Global Carbon Fiber Market, by Type

6.1. Market Snapshot
6.2. Global Carbon Fiber Market by Type, Performance - Potential Analysis
6.3. Global Carbon Fiber Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
6.4. Carbon Fiber Market, Sub Segment Analysis
- 6.4.1. Continuous carbon fiber
- 6.4.2. Long carbon fiber
- 6.4.3. Short carbon fiber

Chapter 7. Global Carbon Fiber Market, by Form

7.1. Market Snapshot
7.2. Global Carbon Fiber Market by Form, Performance - Potential Analysis
7.3. Global Carbon Fiber Market Estimates & Forecasts by Form 2020-2030 (USD Billion)
7.4. Carbon Fiber Market, Sub Segment Analysis
- 7.4.1. Composite carbon fiber
- 7.4.2. Non-Composite carbon fiber

Chapter 8. Global Carbon Fiber Market, by End-Use Industry

8.1. Market Snapshot
8.2. Global Carbon Fiber Market by End-Use Industry, Performance - Potential Analysis
8.3. Global Carbon Fiber Market Estimates & Forecasts by End-Use Industry 2020-2030 (USD Billion)
8.4. Carbon Fiber Market, Sub Segment Analysis
- 8.4.1. Aerospace & Defense
- 8.4.2. Sports/Leisure
- 8.4.3. Wind Turbines
- 8.4.4. Molding & Compounds
- 8.4.5. Automotive
- 8.4.6. Others

Chapter 9. Global Carbon Fiber Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Carbon Fiber Market, Regional Market Snapshot
9.4. North America Carbon Fiber Market
- 9.4.1. U.S. Carbon Fiber Market
  - 9.4.1.1. Raw Material breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Form breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. End-Use Industry breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Carbon Fiber Market
9.5. Europe Carbon Fiber Market Snapshot
- 9.5.1. U.K. Carbon Fiber Market
- 9.5.2. Germany Carbon Fiber Market
- 9.5.3. France Carbon Fiber Market
- 9.5.4. Spain Carbon Fiber Market
- 9.5.5. Italy Carbon Fiber Market
- 9.5.6. Rest of Europe Carbon Fiber Market
9.6. Asia-Pacific Carbon Fiber Market Snapshot
- 9.6.1. China Carbon Fiber Market
- 9.6.2. India Carbon Fiber Market
- 9.6.3. Japan Carbon Fiber Market
- 9.6.4. Australia Carbon Fiber Market
- 9.6.5. South Korea Carbon Fiber Market
- 9.6.6. Rest of Asia Pacific Carbon Fiber Market
9.7. Latin America Carbon Fiber Market Snapshot
- 9.7.1. Brazil Carbon Fiber Market
- 9.7.2. Mexico Carbon Fiber Market
9.8. Middle East & Africa Carbon Fiber Market
- 9.8.1. Saudi Arabia Carbon Fiber Market
- 9.8.2. South Africa Carbon Fiber Market
- 9.8.3. Rest of Middle East & Africa Carbon Fiber Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Toray Industries, Inc. (Japan)
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. Solvay (Belgium)
- 10.3.3. Nippon Graphite Fiber Co., Ltd. (Japan)
- 10.3.4. TEIJIN LIMITED (Japan)
- 10.3.5. Hexcel Corporation (U.S.)
- 10.3.6. ZOLTEK Corporation (U.S.)
- 10.3.7. HYOSUNG ADVANCED MATERIALS (South Korea)
- 10.3.8. Advanced Composites Inc. (U.S.)
- 10.3.9. Mitsubishi Chemical Carbon Fiber and Composites, Inc. (U.S.)
- 10.3.10. Formosa M Co., Ltd. (South Korea)

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Carbon Fiber Market, report scope
TABLE 2. Global Carbon Fiber Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Carbon Fiber Market estimates & forecasts by Raw Material 2020-2030 (USD Billion)
TABLE 4. Global Carbon Fiber Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 5. Global Carbon Fiber Market estimates & forecasts by Form 2020-2030 (USD Billion)
TABLE 6. Global Carbon Fiber Market estimates & forecasts by End-Use Industry 2020-2030 (USD Billion)
TABLE 7. Global Carbon Fiber Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Carbon Fiber Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Carbon Fiber Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Carbon Fiber Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Carbon Fiber Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Carbon Fiber Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Carbon Fiber Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Carbon Fiber Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Carbon Fiber Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Carbon Fiber Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Carbon Fiber Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Carbon Fiber Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Carbon Fiber Market
TABLE 72. List of primary sources, used in the study of global Carbon Fiber Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Carbon Fiber Market, research methodology
FIG 2. Global Carbon Fiber Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Carbon Fiber Market, key trends 2022
FIG 5. Global Carbon Fiber Market, growth prospects 2023-2030
FIG 6. Global Carbon Fiber Market, porters 5 force model
FIG 7. Global Carbon Fiber Market, pest analysis
FIG 8. Global Carbon Fiber Market, value chain analysis
FIG 9. Global Carbon Fiber Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Carbon Fiber Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Carbon Fiber Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Carbon Fiber Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Carbon Fiber Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Carbon Fiber Market, regional snapshot 2020 & 2030
FIG 15. North America Carbon Fiber Market 2020 & 2030 (USD Billion)
FIG 16. Europe Carbon Fiber Market 2020 & 2030 (USD Billion)
FIG 17. Asia Pacific Carbon Fiber Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Carbon Fiber Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Carbon Fiber Market 2020 & 2030 (USD Billion)