Carbon Fibre Tape Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Form (Prepreg Tapes and Dry Tapes), By End User (Aerospace & Defense, Automotive, Sports & Leisure, Other), By Region and Competition, 2020-2030F

Description

The Global Carbon Fibre Tape Market, valued at USD 2.86 Billion in 2024, is expected to grow at a CAGR of 10.35% to reach USD 5.17 Billion by 2030. Carbon fibre tape-comprised of continuous carbon fibers in dry or resin-impregnated formats-is known for its exceptional strength-to-weight ratio, stiffness, and durability. Demand is strongly driven by the rising need for lightweight, high-performance materials across aerospace, defense, automotive, wind energy, and infrastructure applications, where weight reduction, enhanced fuel efficiency, and structural optimization are critical.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 2.86 Billion
Market Size 2030	USD 5.17 Billion
CAGR 2025-2030	10.35%
Fastest Growing Segment	Prepreg Tapes
Largest Market	North America

Key Market Drivers

Increasing Demand for Lightweight Materials

The primary driver of the carbon fibre tape market is the accelerating demand for lightweight, high-strength materials in sectors such as aerospace and automotive. Carbon fibre tapes offer significant weight reductions compared with metals while maintaining superior mechanical performance. For example, automotive applications can achieve up to 70% weight savings versus steel, as noted by Wolf Composites in July 2025. These reductions contribute directly to improved efficiency, enhanced design flexibility, and regulatory compliance, making carbon fibre tape increasingly essential for next-generation lightweighting strategies.

Key Market Challenges

High Production Costs

High production expenses remain a major barrier to market expansion. Carbon fibre tape manufacturing involves costly precursor materials, complex and energy-intensive processes, and substantial upfront capital requirements for facilities and equipment. These costs elevate final product pricing, limiting adoption in cost-sensitive industries despite the material's superior performance. While the global carbon fiber industry was valued at USD 3.2 billion in 2023 (American Composites Manufacturers Association), persistent high costs continue to constrain broad integration and slow capacity scaling.

Key Market Trends

Growing Adoption of Thermoplastic Carbon Fibre Tapes

A significant trend shaping the market is the rising adoption of thermoplastic carbon fibre tapes, favored for their faster processing, recyclability, and improved impact resistance compared to thermoset options. Their superior formability and suitability for high-volume production make them particularly attractive for automotive, aerospace, and emerging mobility applications. EuCIA reported that the European thermoplastic composites market reached 1,423 kilotons in 2023, reflecting substantial uptake. Additionally, Victrex plc noted strong momentum in May 2024, with its Transport segment reporting an 18% rise in Aerospace sales and a 14% increase in Automotive sales, reinforcing the shift toward thermoplastic composite solutions that support both performance and sustainable manufacturing.

Key Market Players

Evonik Industries AG
Saudi Basic Industries Corporation
Solvay S.A.
Hexcel Corporation
TenCate Protective Fabrics
SGL Carbon SE
TEIJIN LIMITED
BASF SE
Celanese Corporation
Victrex plc

Report Scope:

In this report, the Global Carbon Fibre Tape Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Carbon Fibre Tape Market, By Form:

Dry Tapes
Prepreg Tapes

Carbon Fibre Tape Market, By End User:

Aerospace & Defense
Automotive
Sports & Leisure
Other

Carbon Fibre Tape Market, By Region:

North America
- United States
- Canada
- Mexico
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Carbon Fibre Tape Market.

Available Customizations:

Global Carbon Fibre Tape Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Carbon Fibre Tape Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Form (Dry Tapes, Prepreg Tapes)
- 5.2.2. By End User (Aerospace & Defense, Automotive, Sports & Leisure, Other)
- 5.2.3. By Region
- 5.2.4. By Company (2024)
5.3. Market Map

6. North America Carbon Fibre Tape Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Form
- 6.2.2. By End User
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Carbon Fibre Tape Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Form
    - 6.3.1.2.2. By End User
- 6.3.2. Canada Carbon Fibre Tape Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Form
    - 6.3.2.2.2. By End User
- 6.3.3. Mexico Carbon Fibre Tape Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Form
    - 6.3.3.2.2. By End User

7. Europe Carbon Fibre Tape Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Form
- 7.2.2. By End User
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Carbon Fibre Tape Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Form
    - 7.3.1.2.2. By End User
- 7.3.2. France Carbon Fibre Tape Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Form
    - 7.3.2.2.2. By End User
- 7.3.3. United Kingdom Carbon Fibre Tape Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Form
    - 7.3.3.2.2. By End User
- 7.3.4. Italy Carbon Fibre Tape Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Form
    - 7.3.4.2.2. By End User
- 7.3.5. Spain Carbon Fibre Tape Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Form
    - 7.3.5.2.2. By End User

8. Asia Pacific Carbon Fibre Tape Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Form
- 8.2.2. By End User
- 8.2.3. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Carbon Fibre Tape Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Form
    - 8.3.1.2.2. By End User
- 8.3.2. India Carbon Fibre Tape Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Form
    - 8.3.2.2.2. By End User
- 8.3.3. Japan Carbon Fibre Tape Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Form
    - 8.3.3.2.2. By End User
- 8.3.4. South Korea Carbon Fibre Tape Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Form
    - 8.3.4.2.2. By End User
- 8.3.5. Australia Carbon Fibre Tape Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Form
    - 8.3.5.2.2. By End User

9. Middle East & Africa Carbon Fibre Tape Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Form
- 9.2.2. By End User
- 9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Carbon Fibre Tape Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Form
    - 9.3.1.2.2. By End User
- 9.3.2. UAE Carbon Fibre Tape Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Form
    - 9.3.2.2.2. By End User
- 9.3.3. South Africa Carbon Fibre Tape Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Form
    - 9.3.3.2.2. By End User

10. South America Carbon Fibre Tape Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Form
- 10.2.2. By End User
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Carbon Fibre Tape Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Form
    - 10.3.1.2.2. By End User
- 10.3.2. Colombia Carbon Fibre Tape Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Form
    - 10.3.2.2.2. By End User
- 10.3.3. Argentina Carbon Fibre Tape Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Form
    - 10.3.3.2.2. By End User

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Carbon Fibre Tape Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Evonik Industries AG
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Saudi Basic Industries Corporation
15.3. Solvay S.A.
15.4. Hexcel Corporation
15.5. TenCate Protective Fabrics
15.6. SGL Carbon SE
15.7. TEIJIN LIMITED
15.8. BASF SE
15.9. Celanese Corporation
15.10. Victrex plc