Carbon Fiber Market Size & Share, by Type (Virgin, Recycled Fiber); Raw Material (Polyacrylonitrile, Petroleum Pitch, Rayon); End-user (Aerospace and Defense, Alternative Energy, Automotive, Construction, Sporting Goods) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3429
  • Published Date: Apr 28, 2023
  • Report Format: PDF, PPT

Companies Dominating the Global Carbon Fiber Landscape

top-features-companies
    • TORAY INDUSTRIES INC.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Hexcel Corporation
    • Mitsubishi Chemical Corporation
    • TEIJIN LIMITED
    • SGL Carbon
    • Solvay SA
    • Formosa M Co., Ltd.
    • ZOLTEK Corporation
    • Advanced Composites, Inc.
    • HYOSUNG ADVANCED MATERIALS

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • Hexcel Corporation and Dassault struck a long-term agreement in  to provide carbon fiber prepreg for the Falcon 10X programme. This is the initial Dassault business jet program to use sophisticated carbon fiber composites in the fabrication of its aircraft wings.
  • Hexcel Corporation and Archer Aviation Inc. signed a memorandum of intent outlining a prospective agreement for delivering high-performance carbon fiber material for Archer's manufacturing aircraft.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 3429
  • Published Date: Apr 28, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving market growth are increasing demand for carbon fibers from wind energy and aerospace industries and growing usage of carbon fiber in 3D printing.

The market is anticipated to attain a CAGR of ~8.5% over the forecast period, i.e., 2023 – 2035.

Decrease in demand for carbon fibers from luxury cars industry is estimated to hamper the market growth.

Asia Pacific region will provide more business opportunities for market growth owing to the growing demand for fuel-efficient and lightweight vehicles, and large base of electric car manufacturers.

The major players in the market are TORAY INDUSTRIES INC., Hexcel Corporation, Mitsubishi Chemical Corporation, TEIJIN LIMITED, SGL Carbon, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, raw material, end user, and by region.

The aerospace and defense segment is anticipated to hold largest market size and is estimated to grow at a notable CAGR over the forecast period and display significant growth opportunities.
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