Carbon Fiber Market - Global Carbon Fiber Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025-2032 - (By Material Type, By Technology, By End-use, By Geographic Coverage and By Company)

Description

The carbon fiber market is set to witness robust expansion, reaching a value of US$ 8.37 billion by 2032, up from US$ 5.04 billion in 2025, growing at a CAGR of 7.5% during the forecast period. This growth is largely supported by rising demand for lightweight, high-performance materials across industries such as aerospace, electric vehicles (EVs), wind energy, and construction.

Fairfield Market Research highlights that advanced material innovation, sustainability initiatives, and increased adoption in emerging applications are playing a pivotal role in shaping the future of the carbon fiber industry.

Market Insights

Carbon fiber's superior strength-to-weight ratio and resistance to fatigue, corrosion, and heat make it a critical material in engineering and manufacturing. By 2025, aerospace and defense applications are expected to capture 34.5% of the market, driven by the industry's pursuit of lighter, more fuel-efficient aircraft.

Newer applications in electric air mobility and space missions are also fueling demand for advanced fiber composites. Additionally, the global shift towards decarbonization and sustainability is pushing manufacturers to adopt bio-based and recyclable carbon fiber materials.

Market Drivers

Rising Aerospace and Defense Investments

With global airline passenger traffic forecasted to exceed 5.22 billion in 2025 and U.S. aerospace sales crossing US$ 955 billion in 2023, the need for durable and lightweight materials like carbon fiber is rising. Major players such as Hexcel and Syensqo are launching next-gen materials, including HexTow(R) IM9 24K and HexForce(R) 1K, which enhance performance and enable scalable production.

Innovation and Sustainability in Composites

Companies like Toray, Mitsubishi Chemical, and Hexcel are pioneering nano-engineered fibers like Torayca M46X, improving tensile strength by 20% while maintaining modulus. Circularity is gaining momentum, with partnerships and recycling hubs converting carbon waste into reusable material, such as Fairmat's site near Salt Lake City.

Growth in Electric Vehicles and Wind Energy

As wind capacity reached 1,173.6 GW in 2024, carbon fiber is becoming indispensable in turbine blade manufacturing. In parallel, the EV sector is driving demand for lightweight components to improve battery range and vehicle efficiency.

Opportunities

Carbon fiber's versatility is unlocking opportunities in sectors like renewable energy, marine engineering, sports equipment, hydrogen production, and infrastructure. Investments in recyclable composites, green manufacturing, and ISCC PLUS-certified materials are expected to further boost adoption across environmentally conscious industries.

The emergence of electric air taxis, lightweight EVs, and smart turbines is opening new high-performance material applications where carbon fiber's properties deliver unmatched benefits.

Challenges

Despite growing interest, the high production cost of carbon fiber-due to energy-intensive processes and costly raw materials like PAN-remains a major obstacle. Quality standards for aerospace and automotive applications also contribute to elevated costs, making large-scale adoption difficult for budget-sensitive industries such as construction or general manufacturing.

Until cost-efficient alternatives or process innovations emerge, widespread adoption beyond premium applications may remain constrained.

Regional Insights

Asia Pacific - The Fastest Growing Region (44.3% Share in 2025)

Asia Pacific dominates the global Analysis, driven by massive EV production and renewable energy projects. In 2024, China produced 70% of global EVs, with 1.25 million units exported. Japan and South Korea also posted significant growth, collectively increasing EV output by 15%.

In the wind energy space, China added 86.9 GW in 2024, raising its total to 561.5 GW. New facilities like Zhongfu Shenying's 30,000-ton site and innovations such as Teijin's Tenax(TM) fiber are placing East Asia at the forefront of sustainable composite production.

Europe - Sustained Momentum from Green Policies (26.7% Market Share)

Europe is a stronghold for carbon fiber demand due to its aggressive push towards EV adoption and renewable energy expansion. In 2024, 13.6% of all cars sold in the EU were fully electric, outpacing diesel for the first time.

Wind energy continues to be a core segment. Countries like Germany (3.2 GW), UK (2.2 GW), Finland (1.4 GW), and Spain (1.2 GW) are contributing to steady turbine growth. Despite some deceleration in installations, carbon fiber usage remains high, supported by policy-driven decarbonization and energy transition efforts across the bloc.

Competitive Analysis

The market is led by a handful of large, integrated players such as Toray Industries, Teijin Limited, Mitsubishi Chemical, and Hexcel Corporation, who invest heavily in R&D and capacity expansion. These companies focus on sustainable production and cater primarily to high-margin sectors like aerospace, EVs, and defense.

Due to their extensive patent portfolios, technical expertise, and global networks, these players maintain a competitive edge, limiting entry barriers for new firms.

Key Market Participants

Toray Industries, Inc.
Teijin Limited
Mitsubishi Chemical Group Corporation
Hexcel Corporation
SGL Carbon
Syensqo
DowAksa
HS Hyosung Advanced Materials
Zhongfu Shenying Carbon Fiber Co., Ltd.
Jiangsu Hengshen Co., Ltd.
Jilin Chemical Fiber Group Co., Ltd.
UMATEX
Kureha Corporation
Osaka Gas Chemicals Co., Ltd.
Formosa Plastics Corporation
Nippon Graphite Fiber Co. Ltd
Anshan Sinocarb Carbon Fiber Co. Ltd
China National Bluestar (Group) Co., Ltd.
A&P Technology Inc.
DowAksa USA LLC
Holding Company Composite

Carbon Fiber Market Segmentation

By Material Type:

Polyacrylonitrile (PAN)-based
Pitch-based
Rayon-based

By Technology:

Filament Winding
Pultrusion
Resin Transfer Molding (RTM)
Compression Molding
Lay-up Process
Injection Molding
Miscellaneous

By End-Use Industry:

Aerospace & Defense
Automotive
Wind Energy
Sporting Goods
Civil Engineering & Construction
Marine
Electrical & Electronics
Others (Medical, Oil & Gas)

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

1. Executive Summary

1.1. Global Carbon Fiber Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2025
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunity
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Carbon Fiber Market Outlook, 2019-2032

3.1. Global Carbon Fiber Market Outlook, by Material Type, Value (US$ Bn) and Volume (Tons), 2019-2032
- 3.1.1. Key Highlights
  - 3.1.1.1. Polyacrylonitrile (PAN)-based
  - 3.1.1.2. Pitch-based
  - 3.1.1.3. Rayon-based
3.2. Global Carbon Fiber Market Outlook, by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 3.2.1. Key Highlights
  - 3.2.1.1. Filament Winding
  - 3.2.1.2. Pultrusion
  - 3.2.1.3. Resin Transfer Molding (RTM)
  - 3.2.1.4. Compression Molding
  - 3.2.1.5. Lay-up Process
  - 3.2.1.6. Injection Molding
3.3. Global Carbon Fiber Market Outlook, by End-use, Value (US$ Bn) and Volume (Tons), 2019-2032
- 3.3.1. Key Highlights
  - 3.3.1.1. Aerospace & Defense
  - 3.3.1.2. Automotive
  - 3.3.1.3. Wind Energy
  - 3.3.1.4. Sporting Goods
  - 3.3.1.5. Civil Engineering & Construction
  - 3.3.1.6. Marine
  - 3.3.1.7. Electrical & Electronics
  - 3.3.1.8. Others (Medical, Oil & Gas, etc.)
3.4. Global Carbon Fiber Market Outlook, by Region, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Carbon Fiber Market Outlook, 2019-2032

4.1. North America Carbon Fiber Market Outlook, by Material Type, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 4.1.1. Key Highlights
  - 4.1.1.1. Polyacrylonitrile (PAN)-based
  - 4.1.1.2. Pitch-based
  - 4.1.1.3. Rayon-based
4.2. North America Carbon Fiber Market Outlook, by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 4.2.1. Key Highlights
  - 4.2.1.1. Filament Winding
  - 4.2.1.2. Pultrusion
  - 4.2.1.3. Resin Transfer Molding (RTM)
  - 4.2.1.4. Compression Molding
  - 4.2.1.5. Lay-up Process
  - 4.2.1.6. Injection Molding
4.3. North America Carbon Fiber Market Outlook, by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 4.3.1. Key Highlights
  - 4.3.1.1. Aerospace & Defense
  - 4.3.1.2. Automotive
  - 4.3.1.3. Wind Energy
  - 4.3.1.4. Sporting Goods
  - 4.3.1.5. Civil Engineering & Construction
  - 4.3.1.6. Marine
  - 4.3.1.7. Electrical & Electronics
  - 4.3.1.8. Others (Medical, Oil & Gas, etc.)
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Carbon Fiber Market Outlook, by Country, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 4.4.1.2. U.S. Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 4.4.1.3. U.S. Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 4.4.1.4. Canada Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 4.4.1.5. Canada Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 4.4.1.6. Canada Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Carbon Fiber Market Outlook, 2019-2032

5.1. Europe Carbon Fiber Market Outlook, by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 5.1.1. Key Highlights
  - 5.1.1.1. Polyacrylonitrile (PAN)-based
  - 5.1.1.2. Pitch-based
  - 5.1.1.3. Rayon-based
5.2. Europe Carbon Fiber Market Outlook, by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 5.2.1. Key Highlights
  - 5.2.1.1. Filament Winding
  - 5.2.1.2. Pultrusion
  - 5.2.1.3. Resin Transfer Molding (RTM)
  - 5.2.1.4. Compression Molding
  - 5.2.1.5. Lay-up Process
  - 5.2.1.6. Injection Molding
5.3. Europe Carbon Fiber Market Outlook, by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 5.3.1. Key Highlights
  - 5.3.1.1. Aerospace & Defense
  - 5.3.1.2. Automotive
  - 5.3.1.3. Wind Energy
  - 5.3.1.4. Sporting Goods
  - 5.3.1.5. Civil Engineering & Construction
  - 5.3.1.6. Marine
  - 5.3.1.7. Electrical & Electronics
  - 5.3.1.8. Others (Medical, Oil & Gas, etc.)
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Carbon Fiber Market Outlook, by Country, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.2. Germany Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.3. Germany Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.4. U.K. Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.5. U.K. Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.6. U.K. Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.7. France Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.8. France Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.9. France Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.10. Italy Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.11. Italy Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.12. Italy Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.13. Spain Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.14. Spain Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.15. Spain Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.16. Turkey Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.17. Turkey Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.18. Turkey Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.19. Russia Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.20. Russia Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.21. Russia Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.22. Rest of Europe Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.23. Rest of Europe Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 5.4.1.24. Rest of Europe Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Carbon Fiber Market Outlook, 2019-2032

6.1. Asia Pacific Carbon Fiber Market Outlook, by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 6.1.1. Key Highlights
  - 6.1.1.1. Polyacrylonitrile (PAN)-based
  - 6.1.1.2. Pitch-based
  - 6.1.1.3. Rayon-based
6.2. Asia Pacific Carbon Fiber Market Outlook, by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 6.2.1. Key Highlights
  - 6.2.1.1. Filament Winding
  - 6.2.1.2. Pultrusion
  - 6.2.1.3. Resin Transfer Molding (RTM)
  - 6.2.1.4. Compression Molding
  - 6.2.1.5. Lay-up Process
  - 6.2.1.6. Injection Molding
6.3. Asia Pacific Carbon Fiber Market Outlook, by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 6.3.1. Key Highlights
  - 6.3.1.1. Aerospace & Defense
  - 6.3.1.2. Automotive
  - 6.3.1.3. Wind Energy
  - 6.3.1.4. Sporting Goods
  - 6.3.1.5. Civil Engineering & Construction
  - 6.3.1.6. Marine
  - 6.3.1.7. Electrical & Electronics
  - 6.3.1.8. Others (Medical, Oil & Gas, etc.)
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Carbon Fiber Market Outlook, by Country, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 6.4.1. Key Highlights
  - 6.4.1.1. China Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.2. China Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.3. China Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.4. Japan Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.5. Japan Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.6. Japan Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.7. South Korea Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.8. South Korea Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.9. South Korea Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.10. India Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.11. India Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.12. India Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.13. Southeast Asia Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.14. Southeast Asia Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.15. Southeast Asia Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.16. Rest of Asia Pacific Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.17. Rest of Asia Pacific Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 6.4.1.18. Rest of Asia Pacific Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Carbon Fiber Market Outlook, 2019-2032

7.1. Latin America Carbon Fiber Market Outlook, by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 7.1.1. Key Highlights
  - 7.1.1.1. Polyacrylonitrile (PAN)-based
  - 7.1.1.2. Pitch-based
  - 7.1.1.3. Rayon-based
7.2. Latin America Carbon Fiber Market Outlook, by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 7.2.1. Key Highlights
  - 7.2.1.1. Filament Winding
  - 7.2.1.2. Pultrusion
  - 7.2.1.3. Resin Transfer Molding (RTM)
  - 7.2.1.4. Compression Molding
  - 7.2.1.5. Lay-up Process
  - 7.2.1.6. Injection Molding
7.3. Latin America Carbon Fiber Market Outlook, by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 7.3.1. Key Highlights
  - 7.3.1.1. Aerospace & Defense
  - 7.3.1.2. Automotive
  - 7.3.1.3. Wind Energy
  - 7.3.1.4. Sporting Goods
  - 7.3.1.5. Civil Engineering & Construction
  - 7.3.1.6. Marine
  - 7.3.1.7. Electrical & Electronics
  - 7.3.1.8. Others (Medical, Oil & Gas, etc.)
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Carbon Fiber Market Outlook, by Country, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 7.4.1.2. Brazil Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 7.4.1.3. Brazil Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 7.4.1.4. Mexico Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 7.4.1.5. Mexico Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 7.4.1.6. Mexico Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 7.4.1.7. Rest of Latin America Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 7.4.1.8. Rest of Latin America Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 7.4.1.9. Rest of Latin America Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Carbon Fiber Market Outlook, 2019-2032

8.1. Middle East & Africa Carbon Fiber Market Outlook, by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 8.1.1. Key Highlights
  - 8.1.1.1. Polyacrylonitrile (PAN)-based
  - 8.1.1.2. Pitch-based
  - 8.1.1.3. Rayon-based
8.2. Middle East & Africa Carbon Fiber Market Outlook, by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 8.2.1. Key Highlights
  - 8.2.1.1. Filament Winding
  - 8.2.1.2. Pultrusion
  - 8.2.1.3. Resin Transfer Molding (RTM)
  - 8.2.1.4. Compression Molding
  - 8.2.1.5. Lay-up Process
  - 8.2.1.6. Injection Molding
8.3. Middle East & Africa Carbon Fiber Market Outlook, by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
- 8.3.1. Key Highlights
  - 8.3.1.1. Aerospace & Defense
  - 8.3.1.2. Automotive
  - 8.3.1.3. Wind Energy
  - 8.3.1.4. Sporting Goods
  - 8.3.1.5. Civil Engineering & Construction
  - 8.3.1.6. Marine
  - 8.3.1.7. Electrical & Electronics
  - 8.3.1.8. Others (Medical, Oil & Gas, etc.)
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Carbon Fiber Market Outlook, by Country, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 8.4.1.2. GCC Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 8.4.1.3. GCC Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 8.4.1.4. South Africa Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 8.4.1.5. South Africa Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 8.4.1.6. South Africa Carbon Fiber Market by End-use , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 8.4.1.7. Rest of Middle East & Africa Carbon Fiber Market by Material Type , Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 8.4.1.8. Rest of Middle East & Africa Carbon Fiber Market by Technology, Value (US$ Bn) and Volume (Tons) , 2019-2032
  - 8.4.1.9. Rest of Middle East & Africa Carbon Fiber Market by Distribution channel, Value (US$ Bn) and Volume (Tons) , 2019-2032
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Material Type vs by Technology Heat map
9.2. Manufacturer vs by Technology Heat map
9.3. Company Market Share Analysis, 2025
9.4. Competitive Dashboard
9.5. Company Profiles
9.5.1 Toray Industries, Inc.
- 9.5.2. Teijin Limited
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Product Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Mitsubishi Chemical Group Corporation
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Product Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Hexcel Corporation
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Product Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. SGL Carbon
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Product Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. Syensqo
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Product Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. DowAksa
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Product Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. HS Hyosung Advanced Materials
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Product Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. Zhongfu Shenying Carbon Fiber Co., Ltd.
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Product Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development
- 9.5.10. Jiangsu Hengshen Co., Ltd.
  - 9.5.10.1. Company Overview
  - 9.5.10.2. Product Portfolio
  - 9.5.10.3. Financial Overview
  - 9.5.10.4. Business Strategies and Development
- 9.5.11. Jilin Chemical Fiber Group Co., Ltd.
  - 9.5.11.1. Company Overview
  - 9.5.11.2. Product Portfolio
  - 9.5.11.3. Financial Overview
  - 9.5.11.4. Business Strategies and Development
- 9.5.12. UMATEX
  - 9.5.12.1. Company Overview
  - 9.5.12.2. Product Portfolio
  - 9.5.12.3. Financial Overview
  - 9.5.12.4. Business Strategies and Development
- 9.5.13. Kureha Corporation
  - 9.5.13.1. Company Overview
  - 9.5.13.2. Product Portfolio
  - 9.5.13.3. Financial Overview
  - 9.5.13.4. Business Strategies and Development
- 9.5.14. Osaka Gas Chemicals Co., Ltd.
  - 9.5.14.1. Company Overview
  - 9.5.14.2. Product Portfolio
  - 9.5.14.3. Financial Overview
  - 9.5.14.4. Business Strategies and Development
- 9.5.15. Formosa Plastics Corporation
  - 9.5.15.1. Company Overview
  - 9.5.15.2. Product Portfolio
  - 9.5.15.3. Financial Overview
  - 9.5.15.4. Business Strategies and Development
- 9.5.16. Nippon Graphite Fiber Co. Ltd
  - 9.5.16.1. Company Overview
  - 9.5.16.2. Product Portfolio
  - 9.5.16.3. Financial Overview
  - 9.5.16.4. Business Strategies and Development
- 9.5.17. Anshan Sinocarb Carbon Fiber Co. Ltd
  - 9.5.17.1. Company Overview
  - 9.5.17.2. Product Portfolio
  - 9.5.17.3. Financial Overview
  - 9.5.17.4. Business Strategies and Development
- 9.5.18. China National Bluestar (Group) Co., Ltd.
  - 9.5.18.1. Company Overview
  - 9.5.18.2. Product Portfolio
  - 9.5.18.3. Financial Overview
  - 9.5.18.4. Business Strategies and Development
- 9.5.19. A&P Technology Inc.
  - 9.5.19.1. Company Overview
  - 9.5.19.2. Product Portfolio
  - 9.5.19.3. Financial Overview
  - 9.5.19.4. Business Strategies and Development
- 9.5.20. DowAksa USA LLC
  - 9.5.20.1. Company Overview
  - 9.5.20.2. Product Portfolio
  - 9.5.20.3. Financial Overview
  - 9.5.20.4. Business Strategies and Development
- 9.5.21. Holding company Composite
  - 9.5.21.1. Company Overview
  - 9.5.21.2. Product Portfolio
  - 9.5.21.3. Financial Overview
  - 9.5.21.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations