Global Carbon Fiber Market Size, Share, Trends & Growth Analysis Report 2026-2034

Description

The Carbon Fiber Market size is expected to reach USD 32.70 Billion in 2034 from USD 10.50 Billion (2025) growing at a CAGR of 13.46% during 2026-2034.

The carbon fiber market is poised for significant expansion, driven by its unparalleled strength-to-weight ratio and versatility across various industries. As sectors such as aerospace, automotive, and renewable energy increasingly prioritize lightweight materials to enhance fuel efficiency and performance, the demand for carbon fiber composites is expected to surge. Innovations in manufacturing processes, such as automated fiber placement and resin transfer molding, are streamlining production, reducing costs, and enabling the creation of complex geometries that were previously unattainable. This evolution not only enhances the material's appeal but also broadens its application spectrum, from high-performance sports equipment to advanced medical devices.

Moreover, the growing emphasis on sustainability is catalyzing the development of bio-based carbon fibers, which promise to reduce the environmental impact associated with traditional petroleum-based fibers. As industries strive to meet stringent regulatory standards and consumer expectations for eco-friendly products, the integration of sustainable practices in carbon fiber production will likely become a key differentiator. Research and development initiatives focusing on recycling and reusability of carbon fiber composites are also gaining traction, further solidifying the material's position as a cornerstone of future manufacturing paradigms.

In addition, the rise of electric vehicles (EVs) and the increasing adoption of lightweight materials in automotive design are set to propel the carbon fiber market to new heights. As manufacturers seek to enhance the range and efficiency of EVs, carbon fiber's lightweight properties will play a crucial role in achieving these objectives. The synergy between carbon fiber technology and advancements in battery systems will not only optimize vehicle performance but also contribute to the overall reduction of carbon emissions in the transportation sector. This multifaceted growth trajectory underscores the carbon fiber market's potential to redefine material science and engineering in the coming years.

Our reports are meticulously crafted to provide clients with comprehensive and actionable insights into various industries and markets. Each report encompasses several critical components to ensure a thorough understanding of the market landscape:

Market Overview: A detailed introduction to the market, including definitions, classifications, and an overview of the industry's current state.

Market Dynamics: In-depth analysis of key drivers, restraints, opportunities, and challenges influencing market growth. This section examines factors such as technological advancements, regulatory changes, and emerging trends.

Segmentation Analysis: Breakdown of the market into distinct segments based on criteria like product type, application, end-user, and geography. This analysis highlights the performance and potential of each segment.

Competitive Landscape: Comprehensive assessment of major market players, including their market share, product portfolio, strategic initiatives, and financial performance. This section provides insights into the competitive dynamics and key strategies adopted by leading companies.

Market Forecast: Projections of market size and growth trends over a specified period, based on historical data and current market conditions. This includes quantitative analyses and graphical representations to illustrate future market trajectories.

Regional Analysis: Evaluation of market performance across different geographical regions, identifying key markets and regional trends. This helps in understanding regional market dynamics and opportunities.

Emerging Trends and Opportunities: Identification of current and emerging market trends, technological innovations, and potential areas for investment. This section offers insights into future market developments and growth prospects.

MARKET SEGMENTATION

By Raw Material

Pan-Based Carbon Fiber
Pitch-Based Carbon Fiber

By Fiber

Virgin
Recycled

By Modulus

Standard Modulus
Intermediate Modulus
High Modulus

By Product

Continuous
Short
Long

By Application

Composite
Non-Composite

By End Use

Aerospace And Defense
Automotive
Wind Energy
Pipes And Tanks
Sporting Goods

COMPANIES PROFILED

China National Bluestar Group Co Ltd, DowAksa, Formosa M Co Ltd, Hexcel Corporation, HS Hyosung Advanced Materials, Jiangsu Hengshen Co Ltd, Kureha Corporation, Mitsubishi Chemical Carbon Fiber and Composites Inc, Nippon Graphite Fiber Co Ltd, SGL Carbon, Solvay, Teijin Limited, Toray Industries Inc, Umatex, Rosatom, Zhongfu Shenying Carbon Fiber Co Ltd

We can customise the report as per your requriements

Product Code: VMR11213064

Chapter 1. PREFACE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1 List of Data Sources

Chapter 2. EXECUTIVE SUMMARY

2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook

Chapter 3. MARKET VARIABLES, TRENDS, FRAMEWORK

3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
- 3.4.1 Standards & Compliance
- 3.4.2 Regulatory Impact Analysis
3.5. Market Dynamics
- 3.5.1 Market Drivers
- 3.5.2 Market Restraints
- 3.5.3 Market Opportunities
- 3.5.4 Market Challenges
3.6. Porter's Five Forces Analysis
3.7. PESTLE Analysis

Chapter 4. GLOBAL CARBON FIBER MARKET: BY RAW MATERIAL 2022-2034 (USD MN and Tons)

4.1. Market Analysis, Insights and Forecast Raw Material
4.2. Pan-Based Carbon Fiber Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
4.3. Pitch-Based Carbon Fiber Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)

Chapter 5. GLOBAL CARBON FIBER MARKET: BY FIBER 2022-2034 (USD MN and Tons)

5.1. Market Analysis, Insights and Forecast Fiber
5.2. Virgin Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
5.3. Recycled Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)

Chapter 6. GLOBAL CARBON FIBER MARKET: BY MODULUS 2022-2034 (USD MN and Tons)

6.1. Market Analysis, Insights and Forecast Modulus
6.2. Standard Modulus Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
6.3. Intermediate Modulus Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
6.4. High Modulus Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)

Chapter 7. GLOBAL CARBON FIBER MARKET: BY PRODUCT 2022-2034 (USD MN and Tons)

7.1. Market Analysis, Insights and Forecast Product
7.2. Continuous Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
7.3. Short Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
7.4. Long Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)

Chapter 8. GLOBAL CARBON FIBER MARKET: BY APPLICATION 2022-2034 (USD MN and Tons)

8.1. Market Analysis, Insights and Forecast Application
8.2. Composite Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
8.3. Non-Composite Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)

Chapter 9. GLOBAL CARBON FIBER MARKET: BY END USE 2022-2034 (USD MN and Tons)

9.1. Market Analysis, Insights and Forecast End Use
9.2. Aerospace And Defense Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
9.3. Automotive Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
9.4. Wind Energy Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
9.5. Pipes And Tanks Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)
9.6. Sporting Goods Estimates and Forecasts By Regions 2022-2034 (USD MN and Tons)

Chapter 10. GLOBAL CARBON FIBER MARKET: BY REGION 2022-2034(USD MN and Tons)

10.1. Regional Outlook
10.2. North America Market Analysis, Insights and Forecast, 2022-2034 (USD MN and Tons)
- 10.2.1 By Raw Material
- 10.2.2 By Fiber
- 10.2.3 By Modulus
- 10.2.4 By Product
- 10.2.5 By Application
- 10.2.6 By End Use
- 10.2.7 United States
- 10.2.8 Canada
- 10.2.9 Mexico
10.3. Europe Market Analysis, Insights and Forecast, 2022-2034 (USD MN and Tons)
- 10.3.1 By Raw Material
- 10.3.2 By Fiber
- 10.3.3 By Modulus
- 10.3.4 By Product
- 10.3.5 By Application
- 10.3.6 By End Use
- 10.3.7 United Kingdom
- 10.3.8 France
- 10.3.9 Germany
- 10.3.10 Italy
- 10.3.11 Russia
- 10.3.12 Rest Of Europe
10.4. Asia-Pacific Market Analysis, Insights and Forecast, 2022-2034 (USD MN and Tons)
- 10.4.1 By Raw Material
- 10.4.2 By Fiber
- 10.4.3 By Modulus
- 10.4.4 By Product
- 10.4.5 By Application
- 10.4.6 By End Use
- 10.4.7 India
- 10.4.8 Japan
- 10.4.9 South Korea
- 10.4.10 Australia
- 10.4.11 South East Asia
- 10.4.12 Rest Of Asia Pacific
10.5. Latin America Market Analysis, Insights and Forecast, 2022-2034 (USD MN and Tons)
- 10.5.1 By Raw Material
- 10.5.2 By Fiber
- 10.5.3 By Modulus
- 10.5.4 By Product
- 10.5.5 By Application
- 10.5.6 By End Use
- 10.5.7 Brazil
- 10.5.8 Argentina
- 10.5.9 Peru
- 10.5.10 Chile
- 10.5.11 South East Asia
- 10.5.12 Rest of Latin America
10.6. Middle East & Africa Market Analysis, Insights and Forecast, 2022-2034 (USD MN and Tons)
- 10.6.1 By Raw Material
- 10.6.2 By Fiber
- 10.6.3 By Modulus
- 10.6.4 By Product
- 10.6.5 By Application
- 10.6.6 By End Use
- 10.6.7 Saudi Arabia
- 10.6.8 UAE
- 10.6.9 Israel
- 10.6.10 South Africa
- 10.6.11 Rest of the Middle East And Africa

Chapter 11. COMPETITIVE LANDSCAPE

11.1. Recent Developments
11.2. Company Categorization
11.3. Supply Chain & Channel Partners (based on availability)
11.4. Market Share & Positioning Analysis (based on availability)
11.5. Vendor Landscape (based on availability)
11.6. Strategy Mapping

Chapter 12. COMPANY PROFILES OF GLOBAL CARBON FIBER INDUSTRY

12.1. Top Companies Market Share Analysis
12.2. Company Profiles
- 12.2.1 China National Bluestar (Group) Co Ltd
- 12.2.2 DowAksa
- 12.2.3 Formosa M Co. Ltd
- 12.2.4 Hexcel Corporation
- 12.2.5 HS Hyosung Advanced Materials
- 12.2.6 Jiangsu Hengshen Co. Ltd
- 12.2.7 Kureha Corporation
- 12.2.8 Mitsubishi Chemical Carbon Fiber And Composites Inc
- 12.2.9 Nippon Graphite Fiber Co. Ltd
- 12.2.10 SGL Carbon
- 12.2.11 Solvay
- 12.2.12 Teijin Limited
- 12.2.13 Toray Industries Inc
- 12.2.14 Umatex
- 12.2.15 Rosatom
- 12.2.16 Zhongfu Shenying Carbon Fiber Co. Ltd