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Carbon Fiber-Global Market Insights and Sales Trends 2025
Synopsis
Carbon fiber is a long, thin strand of material about 0.0002-0.0004 in (0.005-0.010 mm) in diameter and composed mostly of carbon atoms. The carbon atoms are bonded together in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. The crystal alignment makes the fiber incredibly strong for its size. Several thousand carbon fibers are twisted together to form a yarn, which may be used by itself or woven into a fabric. The yarn or fabric is combined with epoxy and wound or molded into shape to form various composite materials. Carbon fiber-reinforced composite materials are used to make aircraft carbon fiber compared to human hair and spacecraft parts, racing car bodies, golf club shafts, bicycle frames, fishing rods, automobile springs, sailboat masts, and many other components where light weight and high strength are needed.
The global Carbon Fiber market size is expected to reach US$ 1682.8 million by 2029, growing at a CAGR of -0.7% from 2023 to 2029. The market is mainly driven by the significant applications of Carbon Fiber in various end use industries. The expanding demands from the Industrial Materials, Aerospace, Sports/Leisure and Medical Industry, are propelling Carbon Fiber market. Regular-Tow Carbon Fiber, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Large-Tow Carbon Fiber segment is estimated at % CAGR for the next seven-year period.
The major manufacturers of carbon fiber are Toray, Zoltek (Toray), Mitsubishi Rayon, Toho Tenax, SGL and so on.The top three accounted for about 45%.
North America is the main market, accounting for about 30%, followed by Europe at about 20%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Carbon Fiber, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Carbon Fiber market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Carbon Fiber market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Carbon Fiber sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Carbon Fiber covered in this report include Toray, ZOLTEK (Toray), Mitsubishi Rayon, Toho Tenax (Teijin), Hexcel, Formosa Plastics Corp, SGL, Cytec Solvay and DuPont, etc.
The global Carbon Fiber market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toray
ZOLTEK (Toray)
Mitsubishi Rayon
Toho Tenax (Teijin)
Hexcel
Formosa Plastics Corp
SGL
Cytec Solvay
DuPont
Hyosung
Taekwang Industrial
Zhongfu Shenying
Jiangsu Hengshen
Weihai Tuozhan Fiber
Bluestar Fibres
Global Carbon Fiber market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carbon Fiber market, Segment by Type:
Regular-Tow Carbon Fiber
Large-Tow Carbon Fiber
Global Carbon Fiber market, by Application
Industrial Materials
Aerospace
Sports/Leisure
Medical Industry
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Carbon Fiber manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Carbon Fiber in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Carbon fiber is a long, thin strand of material about 0.0002-0.0004 in (0.005-0.010 mm) in diameter and composed mostly of carbon atoms. The carbon atoms are bonded together in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. The crystal alignment makes the fiber incredibly strong for its size. Several thousand carbon fibers are twisted together to form a yarn, which may be used by itself or woven into a fabric. The yarn or fabric is combined with epoxy and wound or molded into shape to form various composite materials. Carbon fiber-reinforced composite materials are used to make aircraft carbon fiber compared to human hair and spacecraft parts, racing car bodies, golf club shafts, bicycle frames, fishing rods, automobile springs, sailboat masts, and many other components where light weight and high strength are needed.
The global Carbon Fiber market size is expected to reach US$ 1682.8 million by 2029, growing at a CAGR of -0.7% from 2023 to 2029. The market is mainly driven by the significant applications of Carbon Fiber in various end use industries. The expanding demands from the Industrial Materials, Aerospace, Sports/Leisure and Medical Industry, are propelling Carbon Fiber market. Regular-Tow Carbon Fiber, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Large-Tow Carbon Fiber segment is estimated at % CAGR for the next seven-year period.
The major manufacturers of carbon fiber are Toray, Zoltek (Toray), Mitsubishi Rayon, Toho Tenax, SGL and so on.The top three accounted for about 45%.
North America is the main market, accounting for about 30%, followed by Europe at about 20%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Carbon Fiber, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Carbon Fiber market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Carbon Fiber market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Carbon Fiber sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Carbon Fiber covered in this report include Toray, ZOLTEK (Toray), Mitsubishi Rayon, Toho Tenax (Teijin), Hexcel, Formosa Plastics Corp, SGL, Cytec Solvay and DuPont, etc.
The global Carbon Fiber market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toray
ZOLTEK (Toray)
Mitsubishi Rayon
Toho Tenax (Teijin)
Hexcel
Formosa Plastics Corp
SGL
Cytec Solvay
DuPont
Hyosung
Taekwang Industrial
Zhongfu Shenying
Jiangsu Hengshen
Weihai Tuozhan Fiber
Bluestar Fibres
Global Carbon Fiber market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carbon Fiber market, Segment by Type:
Regular-Tow Carbon Fiber
Large-Tow Carbon Fiber
Global Carbon Fiber market, by Application
Industrial Materials
Aerospace
Sports/Leisure
Medical Industry
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Carbon Fiber manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Carbon Fiber in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Carbon Fiber Market Overview
1.1 Carbon Fiber Product Overview
1.2 Carbon Fiber Market Segment by Type
1.2.1 Regular-Tow Carbon Fiber
1.2.2 Large-Tow Carbon Fiber
1.3 Global Carbon Fiber Market Size by Type
1.3.1 Global Carbon Fiber Market Size Overview by Type (2018-2029)
1.3.2 Global Carbon Fiber Historic Market Size Review by Type (2018-2023)
1.3.3 Global Carbon Fiber Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Carbon Fiber Sales Breakdown by Type (2018-2023)
1.4.2 Europe Carbon Fiber Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Carbon Fiber Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Carbon Fiber Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Carbon Fiber Sales Breakdown by Type (2018-2023)
2 Global Carbon Fiber Market Competition by Company
2.1 Global Top Players by Carbon Fiber Sales (2018-2023)
2.2 Global Top Players by Carbon Fiber Revenue (2018-2023)
2.3 Global Top Players by Carbon Fiber Price (2018-2023)
2.4 Global Top Manufacturers Carbon Fiber Manufacturing Base Distribution, Sales Area, Product Type
2.5 Carbon Fiber Market Competitive Situation and Trends
2.5.1 Carbon Fiber Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Carbon Fiber Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Carbon Fiber as of 2022)
2.7 Date of Key Manufacturers Enter into Carbon Fiber Market
2.8 Key Manufacturers Carbon Fiber Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Carbon Fiber Status and Outlook by Region
3.1 Global Carbon Fiber Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Carbon Fiber Historic Market Size by Region
3.2.1 Global Carbon Fiber Sales in Volume by Region (2018-2023)
3.2.2 Global Carbon Fiber Sales in Value by Region (2018-2023)
3.2.3 Global Carbon Fiber Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Carbon Fiber Forecasted Market Size by Region
3.3.1 Global Carbon Fiber Sales in Volume by Region (2024-2029)
3.3.2 Global Carbon Fiber Sales in Value by Region (2024-2029)
3.3.3 Global Carbon Fiber Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Carbon Fiber by Application
4.1 Carbon Fiber Market Segment by Application
4.1.1 Industrial Materials
4.1.2 Aerospace
4.1.3 Sports/Leisure
4.1.4 Medical Industry
4.2 Global Carbon Fiber Market Size by Application
4.2.1 Global Carbon Fiber Market Size Overview by Application (2018-2029)
4.2.2 Global Carbon Fiber Historic Market Size Review by Application (2018-2023)
4.2.3 Global Carbon Fiber Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Carbon Fiber Sales Breakdown by Application (2018-2023)
4.3.2 Europe Carbon Fiber Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Carbon Fiber Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Carbon Fiber Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Carbon Fiber Sales Breakdown by Application (2018-2023)
5 North America Carbon Fiber by Country
5.1 North America Carbon Fiber Historic Market Size by Country
5.1.1 North America Carbon Fiber Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Carbon Fiber Sales in Volume by Country (2018-2023)
5.1.3 North America Carbon Fiber Sales in Value by Country (2018-2023)
5.2 North America Carbon Fiber Forecasted Market Size by Country
5.2.1 North America Carbon Fiber Sales in Volume by Country (2024-2029)
5.2.2 North America Carbon Fiber Sales in Value by Country (2024-2029)
6 Europe Carbon Fiber by Country
6.1 Europe Carbon Fiber Historic Market Size by Country
6.1.1 Europe Carbon Fiber Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Carbon Fiber Sales in Volume by Country (2018-2023)
6.1.3 Europe Carbon Fiber Sales in Value by Country (2018-2023)
6.2 Europe Carbon Fiber Forecasted Market Size by Country
6.2.1 Europe Carbon Fiber Sales in Volume by Country (2024-2029)
6.2.2 Europe Carbon Fiber Sales in Value by Country (2024-2029)
7 Asia-Pacific Carbon Fiber by Region
7.1 Asia-Pacific Carbon Fiber Historic Market Size by Region
7.1.1 Asia-Pacific Carbon Fiber Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Carbon Fiber Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Carbon Fiber Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Carbon Fiber Forecasted Market Size by Region
7.2.1 Asia-Pacific Carbon Fiber Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Carbon Fiber Sales in Value by Region (2024-2029)
8 Latin America Carbon Fiber by Country
8.1 Latin America Carbon Fiber Historic Market Size by Country
8.1.1 Latin America Carbon Fiber Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Carbon Fiber Sales in Volume by Country (2018-2023)
8.1.3 Latin America Carbon Fiber Sales in Value by Country (2018-2023)
8.2 Latin America Carbon Fiber Forecasted Market Size by Country
8.2.1 Latin America Carbon Fiber Sales in Volume by Country (2024-2029)
8.2.2 Latin America Carbon Fiber Sales in Value by Country (2024-2029)
9 Middle East and Africa Carbon Fiber by Country
9.1 Middle East and Africa Carbon Fiber Historic Market Size by Country
9.1.1 Middle East and Africa Carbon Fiber Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Carbon Fiber Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Carbon Fiber Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Carbon Fiber Forecasted Market Size by Country
9.2.1 Middle East and Africa Carbon Fiber Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Carbon Fiber Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Toray
10.1.1 Toray Company Information
10.1.2 Toray Introduction and Business Overview
10.1.3 Toray Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Toray Carbon Fiber Products Offered
10.1.5 Toray Recent Development
10.2 ZOLTEK (Toray)
10.2.1 ZOLTEK (Toray) Company Information
10.2.2 ZOLTEK (Toray) Introduction and Business Overview
10.2.3 ZOLTEK (Toray) Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ZOLTEK (Toray) Carbon Fiber Products Offered
10.2.5 ZOLTEK (Toray) Recent Development
10.3 Mitsubishi Rayon
10.3.1 Mitsubishi Rayon Company Information
10.3.2 Mitsubishi Rayon Introduction and Business Overview
10.3.3 Mitsubishi Rayon Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Mitsubishi Rayon Carbon Fiber Products Offered
10.3.5 Mitsubishi Rayon Recent Development
10.4 Toho Tenax (Teijin)
10.4.1 Toho Tenax (Teijin) Company Information
10.4.2 Toho Tenax (Teijin) Introduction and Business Overview
10.4.3 Toho Tenax (Teijin) Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Toho Tenax (Teijin) Carbon Fiber Products Offered
10.4.5 Toho Tenax (Teijin) Recent Development
10.5 Hexcel
10.5.1 Hexcel Company Information
10.5.2 Hexcel Introduction and Business Overview
10.5.3 Hexcel Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hexcel Carbon Fiber Products Offered
10.5.5 Hexcel Recent Development
10.6 Formosa Plastics Corp
10.6.1 Formosa Plastics Corp Company Information
10.6.2 Formosa Plastics Corp Introduction and Business Overview
10.6.3 Formosa Plastics Corp Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Formosa Plastics Corp Carbon Fiber Products Offered
10.6.5 Formosa Plastics Corp Recent Development
10.7 SGL
10.7.1 SGL Company Information
10.7.2 SGL Introduction and Business Overview
10.7.3 SGL Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.7.4 SGL Carbon Fiber Products Offered
10.7.5 SGL Recent Development
10.8 Cytec Solvay
10.8.1 Cytec Solvay Company Information
10.8.2 Cytec Solvay Introduction and Business Overview
10.8.3 Cytec Solvay Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Cytec Solvay Carbon Fiber Products Offered
10.8.5 Cytec Solvay Recent Development
10.9 DuPont
10.9.1 DuPont Company Information
10.9.2 DuPont Introduction and Business Overview
10.9.3 DuPont Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.9.4 DuPont Carbon Fiber Products Offered
10.9.5 DuPont Recent Development
10.10 Hyosung
10.10.1 Hyosung Company Information
10.10.2 Hyosung Introduction and Business Overview
10.10.3 Hyosung Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hyosung Carbon Fiber Products Offered
10.10.5 Hyosung Recent Development
10.11 Taekwang Industrial
10.11.1 Taekwang Industrial Company Information
10.11.2 Taekwang Industrial Introduction and Business Overview
10.11.3 Taekwang Industrial Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Taekwang Industrial Carbon Fiber Products Offered
10.11.5 Taekwang Industrial Recent Development
10.12 Zhongfu Shenying
10.12.1 Zhongfu Shenying Company Information
10.12.2 Zhongfu Shenying Introduction and Business Overview
10.12.3 Zhongfu Shenying Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Zhongfu Shenying Carbon Fiber Products Offered
10.12.5 Zhongfu Shenying Recent Development
10.13 Jiangsu Hengshen
10.13.1 Jiangsu Hengshen Company Information
10.13.2 Jiangsu Hengshen Introduction and Business Overview
10.13.3 Jiangsu Hengshen Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Jiangsu Hengshen Carbon Fiber Products Offered
10.13.5 Jiangsu Hengshen Recent Development
10.14 Weihai Tuozhan Fiber
10.14.1 Weihai Tuozhan Fiber Company Information
10.14.2 Weihai Tuozhan Fiber Introduction and Business Overview
10.14.3 Weihai Tuozhan Fiber Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Weihai Tuozhan Fiber Carbon Fiber Products Offered
10.14.5 Weihai Tuozhan Fiber Recent Development
10.15 Bluestar Fibres
10.15.1 Bluestar Fibres Company Information
10.15.2 Bluestar Fibres Introduction and Business Overview
10.15.3 Bluestar Fibres Carbon Fiber Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Bluestar Fibres Carbon Fiber Products Offered
10.15.5 Bluestar Fibres Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Carbon Fiber Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Carbon Fiber Industrial Chain Analysis
11.4 Carbon Fiber Market Dynamics
11.4.1 Carbon Fiber Industry Trends
11.4.2 Carbon Fiber Market Drivers
11.4.3 Carbon Fiber Market Challenges
11.4.4 Carbon Fiber Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Carbon Fiber Distributors
12.3 Carbon Fiber Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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