炭素繊維市場規模、シェア、動向、2031年までの世界予測

炭素繊維市場は、2026年には64億1,000万米ドルと推定され、2031年には90億7,000万米ドルに成長し、2026年から2031年までの年平均成長率（CAGR）は7.2%に達するとMarketsandMarketsでは予測しています。

石油由来のピッチから作られるピッチ系炭素繊維は、優れた機械的特性と高い熱安定性を備えています。引張強度は5 GPaを超え、鋼鉄に匹敵します。さらに、比剛性はアルミニウムの2倍であるため、軽量用途に最適です。ピッチ系炭素繊維は、腐食、化学薬品、極端な温度に対する優れた耐性を備えているため、過酷な環境での使用が可能です。高い熱伝導率により効率的な放熱が保証されるため、熱に敏感な用途に適しています。ピッチ系炭素繊維は、PAN系繊維と比較して、疲労耐性が向上しており、特定の用途ではより高い精度で製造できます。

調査範囲

本調査レポートは、炭素繊維市場を原材料タイプ（パンカーボン、ピッチカーボン）、繊維タイプ（バージンカーボン、リサイクルカーボン）、弾性率（標準、中、高弾性率）、製品タイプ（連続繊維、長繊維、短繊維）、用途（複合材料、非複合材料）、最終用途産業（航空宇宙・防衛、自動車、風力発電、パイプ、圧力容器、スポーツ用品、建設・インフラ、医療・ヘルスケア、海洋）、地域（北米、欧州、アジア太平洋、中東・アフリカ、ラテンアメリカ）別に分類しています。レポートの範囲には、炭素繊維市場の成長に影響を与える主要要因（推進要因、阻害要因、課題、機会など）に関する詳細な情報が含まれています。主要企業を徹底的に調査し、事業概要、ソリューションとサービス、主要戦略、炭素繊維市場における最近の動向に関する洞察を提供しています。本レポートには、炭素繊維市場のエコシステムにおける新興企業の競合分析も含まれています。

本レポートを購入する理由：

本レポートは、炭素繊維市場全体およびそのサブセグメントにおける収益の最も正確な推定値に関する情報を提供することで、市場リーダーおよび新規参入企業を支援します。また、関係者が競争環境を理解し、事業をより有利な位置づけにし、適切な市場参入戦略を策定するための洞察を得るのに役立ちます。さらに、市場の動向を把握し、主要な市場推進要因、阻害要因、課題、機会に関する情報を提供します。

本レポートは、以下のポイントに関する洞察を提供します。

炭素繊維市場の成長に影響を与える主要な推進要因（衛星部品製造の成長、航空宇宙・防衛産業からの高い需要、厳格な環境規制による自動車用途での採用拡大、風力発電産業での利用拡大、圧力容器における通常のトウカーボン需要の増加）、阻害要因（高い生産コスト、製造技術の標準化の欠如、損傷修復および互換性の問題）、機会（低コストの石炭由来炭素繊維の開発への投資増加、新規用途における潜在的な機会、燃料電池電気自動車（FCEV）の需要増加、3Dプリンティングにおける利用拡大、炭素繊維リサイクル技術の進歩）、および課題（低コスト炭素繊維の生産、資本集約的な生産と複雑な製造プロセス、リサイクル性の問題）の分析。

• 製品開発／イノベーション：炭素繊維市場における今後の技術、研究開発活動、およびサービス開始に関する詳細な洞察。
• 市場開発：収益性の高い市場に関する包括的な情報 ― 本レポートは、様々な地域における炭素繊維市場を分析しています。
• 市場の多様化：炭素繊維市場におけるサービス、未開拓地域、最新動向、投資に関する詳細な情報を提供します。
• 競合評価：東レ株式会社（日本）、DowAksa（トルコ）、三菱ケミカルグループ株式会社（日本）、Syensqo（ベルギー）、帝人株式会社（日本）、SGL Carbon（ドイツ）、Hexcel Corporation（米国）、HS Hyosung Advanced Materials（韓国）、Zhongfu Shenying Carbon Fiber Co., Ltd.（中国）、クレハ株式会社（日本）、大阪ガスケミカルズ株式会社（日本）、UMATEX（ロシア）、吉林化学繊維グループ株式会社（中国）、江蘇恒申有限公司（中国）、中国藍星（グループ）有限公司（中国）などの炭素繊維市場の主要プレーヤーの市場シェア、成長戦略、サービス提供に関する詳細な評価。

Report Description

The carbon fiber market is estimated at USD 6.41 billion in 2026 and is projected to reach USD 9.07 billion by 2031, at a CAGR of 7.2% from 2026 to 2031. Pitch-based carbon fibers, derived from petroleum-based pitch, offer superior mechanical properties and high thermal stability. They possess excellent tensile strength, exceeding 5 GPa, which is comparable to steel. Moreover, their specific stiffness is twice that of aluminum, making them ideal for lightweight applications. Pitch carbon fibers exhibit exceptional resistance to corrosion, chemicals, and extreme temperatures, enabling their utilization in demanding environments. Their high thermal conductivity ensures efficient heat dissipation, making them suitable for heat-sensitive applications. Pitch-based carbon fiber offers enhanced fatigue resistance and can be manufactured with greater precision in certain applications compared to PAN-based fibers.

‘‘In terms of value, virgin carbon fiber accounted for the largest share of the overall carbon fiber market.’’

The virgin carbon fiber segment accounted for the largest share of the global carbon fiber market owing to its superior mechanical properties, including high strength, lightweight characteristics, stiffness, and excellent chemical resistance. These properties make virgin carbon fiber highly suitable for demanding applications across industries such as aerospace & defense, automotive, wind energy, sporting goods, and pressure vessels. End-use industries increasingly rely on lightweight materials to improve fuel efficiency, enhance structural performance, and reduce overall emissions in aircraft, vehicles, and renewable energy systems. Virgin carbon fiber remains widely preferred for its consistent quality, reliable performance, and well-established manufacturing processes, which are essential for critical and high-performance structural applications. Although recycled carbon fiber is gaining momentum as a cost-effective and sustainable alternative, virgin carbon fiber continues to dominate the market because of its superior structural integrity, enhanced durability, and broader applicability across advanced composite applications.

‘‘In terms of value, high modulus accounted for the third-largest share of the overall carbon fiber market.’’

The high-modulus carbon fiber segment accounted for the third-largest share of the global carbon fiber market, owing to its superior stiffness and dimensional stability in high-performance applications. High modulus carbon fiber is specifically engineered for applications where rigidity and resistance to deformation are more critical than tensile strength. These fibers typically possess a carbon content exceeding 98%, which contributes to their exceptional stiffness, thermal stability, and structural performance. One of the key characteristics of high-modulus carbon fiber is its high modulus of elasticity, generally above 370 GPa, making it considerably stiffer than standard-modulus carbon fiber. Owing to these properties, high-modulus carbon fibers are extensively used in aerospace components, satellites, defense systems, sporting goods, and precision industrial equipment, where lightweight structures with minimal flex and high accuracy are required.

‘‘In terms of value, long fiber accounted for the third-largest share of the overall carbon fiber market.’’

The long carbon fiber segment held the third-largest share of the global carbon fiber market, driven by its enhanced mechanical performance and growing use in high-performance composite applications. Long carbon fibers, typically measuring more than 1 mm in length, are widely used as reinforcement in advanced composite structures that require superior strength and durability. Compared to short carbon fibers, long carbon fibers provide higher tensile strength, improved stiffness, better impact resistance, and enhanced fatigue performance, making them suitable for applications exposed to continuous mechanical stress and demanding operating conditions. These characteristics have increased their adoption across industries such as wind energy, aerospace & defense, automotive, and motorsports. Long carbon fiber composites are extensively utilized in wind turbine blades, aircraft structural components, high-performance automotive parts, and Formula 1 vehicles, where lightweight materials with superior structural integrity and long-term reliability are critical.

‘‘In terms of value, the non-composites segment accounted for the second-largest share of the carbon fiber market.’’

The non-composites segment accounted for the second-largest share of the global carbon fiber market, driven by the expanding use of carbon fiber in standalone and specialty applications beyond traditional composite structures. Carbon fiber is widely recognized for its exceptional strength-to-weight ratio, stiffness, corrosion resistance, and fatigue resistance, and these properties are increasingly driving its adoption in various non-composite applications. In addition to structural uses, carbon fiber demonstrates excellent thermal and electrical conductivity, making it highly suitable for electronic and electrical applications such as heat sinks, electromagnetic interference (EMI) shielding, semiconductors, advanced batteries, and fuel cell components. The material is also gaining significant traction in the medical and healthcare sectors owing to its biocompatibility, lightweight nature, and radiolucency, which make it ideal for surgical instruments, prosthetics, orthopedic devices, and medical imaging equipment. Growing technological advancements and the increasing need for high-performance materials across electronics, healthcare, and industrial applications continue to support the growth of the non-composites carbon fiber segment.

“The pressure vessels industry is projected to be the fastest-growing end-use industry during the forecast period.”

The pressure vessels industry is projected to register the fastest growth in the global carbon fiber market during the forecast period, driven by rising demand for lightweight, high-pressure storage solutions across hydrogen, compressed natural gas (CNG), aerospace, and industrial applications. Carbon fiber is widely used in pressure vessel manufacturing via filament winding, where high-strength tows are wound over a liner or mandrel to create durable, gas-tight structures. Carbon fiber-reinforced pressure vessels offer significant weight reduction, typically being up to 75% lighter than conventional steel or aluminum vessels, while maintaining superior strength, corrosion resistance, and pressure-handling capability. These advantages make them highly suitable for hydrogen storage tanks, CNG cylinders, aerospace systems, and transportation applications where weight reduction and operational efficiency are critical. In addition, carbon fiber pressure vessels provide excellent fatigue resistance, durability, and long service life, supporting their increasing adoption in next-generation clean energy and mobility solutions. Growing investments in hydrogen infrastructure, fuel cell vehicles, and alternative fuel storage technologies are expected to further accelerate demand for carbon fiber-based pressure vessels globally.

“The Asia Pacific region is projected to register the highest growth rate in the carbon fiber market during the forecast period.”

The Asia Pacific is projected to be the fastest-growing region in the carbon fiber market during the forecast period, driven by rapid industrialization, rising demand for lightweight materials across the automotive, aerospace, and manufacturing industries, and a strong focus on technological advancements. In particular, countries like Japan, China, and South Korea are investing substantially in the carbon fiber market, including advanced manufacturing technologies and the development of carbon fiber composites for aerospace, automotive, and infrastructure applications. These countries are known for their cutting-edge technology and innovation, with major companies such as Toray Industries, Inc. and Mitsubishi Chemical Group Corporation driving advancements in carbon fiber production for high-performance applications.

This study has been validated through primary interviews with industry experts globally. The primary sources have been divided into the following three categories:

• By Company Type: Tier 1 – 40%, Tier 2 – 33%, and Tier 3 – 27%
• By Designation: C-level – 50%, Director-level – 30%, and Managers – 20%
• By Region: North America – 15%, Europe – 50%, Asia Pacific – 20%, the Middle East & Africa – 10%, and Latin America – 5%

The report provides a comprehensive analysis of the following companies:

Prominent companies in this market include Toray Industries, Inc. (Japan), DowAksa (Turkey), Mitsubishi Chemical Group Corporation (Japan), Syensqo (Belgium), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), HS Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Fiber Co., Ltd. (China), Kureha Corporation (Japan), Osaka Gas Chemicals Co., Ltd., (Japan), UMATEX (Russia), Jilin Chemical Fiber Group Co., Ltd. (China), Jiangsu Hengshen Co., Ltd. (China), and China National Bluestar (Group) Co., Ltd. (China).

Research coverage

This research report categorizes the carbon fiber market by raw material type (pan and pitch), fiber type (virgin and recycled), modulus (standard, intermediate, and high), product type (continuous, long, and short), application (composites and non-composites), end-use industry (aerospace & defense, automotive, wind energy, pipe, pressure vessels, sporting goods, construction & infrastructure, medical & healthcare, and marine), and region (North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America). The scope of the report includes detailed information on the major factors influencing the growth of the carbon fiber market, including drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions and services, key strategies, and recent developments in the carbon fiber market. This report includes a competitive analysis of upcoming startups in the carbon fiber market ecosystem.

Reasons to buy this report:

The report will help market leaders/new entrants in this market with information on the closest approximations of revenue for the overall carbon fiber market and its subsegments. This report will help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights into the following pointers:

Analysis of key drivers (growth in manufacturing of satellite parts, high demand from aerospace & defense industry, rising adoption in automobile applications due to stringent eco-friendly regulations, increased use in wind energy industry, and rising demand for regular tow carbon in pressure vessels), restraints (high production cost, lack of standardization in manufacturing technologies, and damage repair and compatibility issues), opportunities (increased investments in the development of low-cost coal-based carbon fibers, potential opportunities in new applications, increasing demand for fuel cell electric vehicles (FCEVs), increasing use in 3D printing, advancements in carbon fiber recycling technologies), and challenges (production of low-cost carbon fiber, capital-intensive production and complex manufacturing processes, and recyclability issues) influencing the growth of the carbon fiber market.

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and service launches in the carbon fiber market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the carbon fiber market across varied regions.
• Market Diversification: Exhaustive information about services, untapped geographies, recent developments, and investments in the carbon fiber market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Toray Industries, Inc. (Japan), DowAksa (Turkey), Mitsubishi Chemical Group Corporation (Japan), Syensqo (Belgium), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), HS Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Fiber Co., Ltd. (China), Kureha Corporation (Japan), Osaka Gas Chemicals Co., Ltd., (Japan), UMATEX (Russia), Jilin Chemical Fiber Group Co., Ltd. (China), Jiangsu Hengshen Co., Ltd. (China), and China National Bluestar (Group) Co., Ltd. (China) in the carbon fiber market.

Table of Contents

1 INTRODUCTION 29
1.1 STUDY OBJECTIVES 29
1.2 MARKET DEFINITION 29
1.3 STUDY SCOPE 30
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 30
1.3.2 INCLUSIONS AND EXCLUSIONS 31
1.3.3 YEARS CONSIDERED 32
1.3.4 CURRENCY CONSIDERED 32
1.3.5 UNITS CONSIDERED 32
1.4 LIMITATIONS 32
1.5 STAKEHOLDERS 33
2 EXECUTIVE SUMMARY 34
2.1 KEY INSIGHTS AND MARKET HIGHLIGHTS 34
2.2 KEY MARKET PARTICIPANTS: SHARE INSIGHTS AND STRATEGIC DEVELOPMENTS 35
2.3 DISRUPTIVE TRENDS SHAPING MARKET 36
2.4 HIGH-GROWTH SEGMENTS & EMERGING FRONTIERS 37
2.5 SNAPSHOT: GLOBAL MARKET SIZE, GROWTH RATE, AND FORECAST 38
3 PREMIUM INSIGHTS 39
3.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CARBON FIBER MARKET 39
3.2 CARBON FIBER MARKET, BY END-USE INDUSTRY AND REGION 40
3.3 CARBON FIBER MARKET, BY RAW MATERIAL 40
3.4 CARBON FIBER MARKET, BY APPLICATION 41
3.5 CARBON FIBER MARKET, BY MODULUS 41
3.6 CARBON FIBER MARKET, BY FIBER TYPE 41
3.7 CARBON FIBER MARKET, BY PRODUCT TYPE 42
3.8 CARBON FIBER MARKET, BY COUNTRY 42
4 MARKET OVERVIEW 43
4.1 INTRODUCTION 43
4.2 MARKET DYNAMICS 44
4.2.1 DRIVERS 44
4.2.1.1 Growing demand for lightweight and fuel-efficient vehicles 44
4.2.1.2 Growth in manufacturing of satellite parts 45
4.2.1.3 High usage in aerospace & defense industry 45
4.2.1.4 Increased use in wind energy industry 46
4.2.2 RESTRAINTS 47
4.2.2.1 High material and production cost 47
4.2.2.2 Lack of standardization in manufacturing technologies 47
4.2.2.3 Damage repair and compatibility issues 48
4.2.3 OPPORTUNITIES 48
4.2.3.1 Increased investments in development of low-cost coal-based carbon fibers 48
4.2.3.2 Increasing use in 3D printing 48
4.2.3.3 Growing demand for recyclable and sustainable composite materials 48
4.2.3.4 Increasing demand for fuel-cell electric vehicles (FCEVs) 49
4.2.4 CHALLENGES 49
4.2.4.1 Supply chain concentration and precursor dependency 49
4.2.4.2 Certification and qualification barriers in high-performance applications 50
4.2.4.3 Demand volatility driven by policy-dependent end-use industries 50
4.3 UNMET NEEDS AND WHITE SPACES 50
4.3.1 UNMET NEEDS IN CARBON FIBER MARKET 50
4.3.2 WHITE SPACE OPPORTUNITIES 51
4.4 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES 53
4.4.1 INTERCONNECTED MARKETS 53
4.4.2 CROSS-SECTOR OPPORTUNITIES 54
4.5 EMERGING BUSINESS MODELS AND ECOSYSTEM SHIFTS 55
4.5.1 EMERGING BUSINESS MODELS 55
4.5.2 ECOSYSTEM SHIFTS 56
4.6 STRATEGIC MOVES BY TIER-1/2/3 PLAYERS 57
4.6.1 KEY MOVES AND STRATEGIC FOCUS 57
5 INDUSTRY TRENDS 58
5.1 PORTER’S FIVE FORCES ANALYSIS 58
5.1.1 THREAT OF NEW ENTRANTS 59
5.1.2 THREAT OF SUBSTITUTES 59
5.1.3 BARGAINING POWER OF SUPPLIERS 59
5.1.4 BARGAINING POWER OF BUYERS 59
5.1.5 INTENSITY OF COMPETITIVE RIVALRY 60
5.2 MACROECONOMICS INDICATORS 60
5.2.1 INTRODUCTION 60
5.2.2 GDP TRENDS AND FORECAST 60
5.2.3 TRENDS IN AUTOMOTIVE INDUSTRY 62
5.2.4 TRENDS IN AEROSPACE & DEFENSE 63
5.2.5 TRENDS IN WIND ENERGY 63
5.3 SUPPLY CHAIN ANALYSIS 65
5.4 ECOSYSTEM ANALYSIS 66
5.5 PRICING ANALYSIS 67
5.5.1 AVERAGE SELLING PRICE OFFERED BY KEY PLAYERS, BY END-USE INDUSTRY 67
5.5.2 AVERAGE SELLING PRICE TREND OF CARBON FIBER, BY REGION 68
5.6 TRADE ANALYSIS, 2021–2025 69
5.6.1 IMPORT SCENARIO (HS CODE 681511) 70
5.6.2 EXPORT SCENARIO (HS CODE 681511) 72
5.7 KEY CONFERENCES AND EVENTS, 2026–2028 75
5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 77
5.9 INVESTMENT AND FUNDING SCENARIO 78
5.10 CASE STUDY ANALYSIS 79
5.10.1 MITSUBISHI’S DEVELOPMENT OF CARBON FIBER-REINFORCED
PLASTICS FOR STRUCTURAL AIRCRAFT PARTS 79
5.10.2 SGL CARBON’S CLIMATE-FRIENDLY CARBON FIBER TO REVOLUTIONIZE SUSTAINABLE MANUFACTURING 79
5.10.3 TRUE TEMPER SPORTS PARTNERS WITH HEXCEL CORPORATION FOR ITS FIRST GOLF SHAFT LINE 80
5.11 IMPACT OF 2025 US TARIFF ON CARBON FIBER MARKET 80
5.11.1 INTRODUCTION 80
5.11.2 KEY TARIFF RATES 81
5.11.3 PRICE IMPACT ANALYSIS 81
5.11.4 IMPACT ON COUNTRIES/REGIONS 82
5.11.4.1 North America 82
5.11.4.2 Europe 83
5.11.4.3 Asia Pacific 85
5.11.4.4 Middle East & Africa 86
5.11.5 IMPACT ON TOP END-USE INDUSTRIES 87
6 TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS 88
6.1 KEY EMERGING TECHNOLOGIES 88
6.1.1 LOW-COST CARBON FIBER (LCCF) VIA ALTERNATIVE PRECURSORS (LIGNIN/BIO-BASED/PAN-BLENDS) 88
6.1.2 PLASMA OXIDATION & MICROWAVE-ASSISTED CARBONIZATION (RAPID PROCESSING CF TECHNOLOGY) 89
6.2 COMPLEMENTARY TECHNOLOGIES 89
6.2.1 CARBON FIBER RECYCLING (RCF) & CLOSED-LOOP MANUFACTURING 89
6.3 TECHNOLOGY/PRODUCT ROADMAP 90
6.3.1 SHORT-TERM (2026–2028) | FOUNDATION & INCREMENTAL COMMERCIALIZATION 90
6.3.2 MID-TERM (2028–2031) | EXPANSION & STANDARDIZATION 92
6.3.3 LONG-TERM (2032–2036+) | DISRUPTION & MASS ADOPTION 93
6.4 PATENT ANALYSIS 94
6.4.1 INTRODUCTION 94
6.4.2 METHODOLOGY 94
6.4.3 DOCUMENT TYPES 94
6.4.4 INSIGHTS 95
6.4.5 LEGAL STATUS 96
6.4.6 JURISDICTION ANALYSIS 96
6.4.7 TOP APPLICANTS 97
6.4.8 TOP 10 PATENT OWNERS (US) IN LAST 5 YEARS 99
6.5 FUTURE APPLICATIONS 100
6.5.1 STRUCTURAL EV BATTERY INTEGRATION (CELL-TO-PACK/
STRUCTURAL COMPOSITES) 100
6.5.2 HYBRID MULTI-MATERIAL VEHICLE ARCHITECTURES 100
6.5.3 ADVANCED STRUCTURAL & INFRASTRUCTURE SYSTEMS 101
6.5.4 HIGH-PERFORMANCE DATA CENTERS & ELECTRONICS 101
6.5.5 NEXT-GENERATION MOBILITY (UAVS, EVTOLS, SPACE SYSTEMS) 101
6.6 IMPACT OF AI/GEN AI ON CARBON FIBER MARKET 102
6.6.1 TOP USE CASES AND MARKET POTENTIAL 102
6.6.2 BEST PRACTICES IN CARBON FIBER MARKET 103
6.6.3 CASE STUDIES OF AI IMPLEMENTATION IN CARBON FIBER MARKET 104
6.6.4 INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT
ON MARKET PLAYERS 104
6.6.5 CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN CARBON FIBER MARKET 105
6.7 SUCCESS STORIES AND REAL-WORLD APPLICATIONS 106
6.7.1 TORAY INDUSTRIES: HIGH-PERFORMANCE AEROSPACE AND
SPORTS APPLICATIONS 106
6.7.2 HEXCEL CORPORATION: ADVANCED COMPOSITE STRUCTURES
FOR AEROSPACE 106
7 SUSTAINABILITY AND REGULATORY LANDSCAPE 107
7.1 REGIONAL REGULATIONS AND COMPLIANCE 107
7.1.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 107
7.1.2 INDUSTRY STANDARDS 109
7.2 SUSTAINABILITY INITIATIVES 110
7.2.1 CARBON IMPACT AND ECO-APPLICATIONS OF CARBON FIBER 110
7.2.1.1 Carbon impact reduction 111
7.2.1.2 Eco-Applications 111
7.3 SUSTAINABILITY IMPACT AND REGULATORY POLICY INITIATIVES 112
7.4 CERTIFICATIONS, LABELING, ECO-STANDARDS 113
8 CUSTOMER LANDSCAPE & BUYER BEHAVIOR 114
8.1 DECISION-MAKING PROCESS 114
8.2 BUYER STAKEHOLDERS AND BUYING EVALUATION CRITERIA 115
8.2.1 KEY STAKEHOLDERS IN BUYING PROCESS 115
8.2.2 BUYING CRITERIA 116
8.3 ADOPTION BARRIERS & INTERNAL CHALLENGES 116
8.4 UNMET NEEDS FROM VARIOUS END-USE INDUSTRIES 118

8.5 MARKET PROFITABILITY 119
8.5.1 REVENUE POTENTIAL 119
8.5.2 COST DYNAMICS 120
8.5.3 MARGIN OPPORTUNITIES BY APPLICATION 120
9 CARBON FIBER MARKET, BY RAW MATERIAL 121
9.1 INTRODUCTION 122
9.2 PAN-BASED CARBON FIBER 124
9.2.1 EXTENSIVE DEMAND FOR LIGHTWEIGHT STRUCTURAL COMPOSITES
TO DRIVE MARKET 124
9.3 PITCH-BASED CARBON FIBER 126
9.3.1 WIDE USAGE IN SATELLITES, INDUSTRIAL, CONSTRUCTION, AND SPORTING GOODS SEGMENTS TO DRIVE MARKET 126
9.3.2 PETROLEUM-BASED PITCH CARBON FIBER 126
9.3.3 COAL-BASED PITCH CARBON FIBER 126
10 CARBON FIBER MARKET, BY MODULUS 129
10.1 INTRODUCTION 130
10.2 STANDARD MODULUS 130
10.2.1 USAGE ACROSS INDUSTRIES TO DRIVE MARKET 130
10.3 INTERMEDIATE MODULUS 130
10.3.1 DEMAND IN PRESSURE VESSELS, WIND TURBINE BLADES, AND
AEROSPACE TO DRIVE MARKET 130
10.4 HIGH MODULUS 130
10.4.1 DEMAND FOR AEROSPACE APPLICATIONS TO DRIVE MARKET 130
11 CARBON FIBER MARKET, BY PRODUCT TYPE 133
11.1 INTRODUCTION 134
11.2 CONTINUOUS CARBON FIBER 135
11.2.1 RISING DEMAND FOR LIGHTWEIGHT HIGH-STRENGTH COMPOSITES
TO DRIVE MARKET 135
11.3 LONG CARBON FIBER 137
11.3.1 INCREASING DEMAND FOR DURABLE LIGHTWEIGHT COMPOSITES
TO DRIVE MARKET 137
11.4 SHORT CARBON FIBER 139
11.4.1 COST-EFFECTIVE LIGHTWEIGHT MATERIALS TO DRIVE MARKET 139
12 CARBON FIBER MARKET, BY FIBER TYPE 141
12.1 INTRODUCTION 142
12.2 VIRGIN CARBON FIBER 142
12.2.1 LONG-TERM HIGH PERFORMANCE IN TERMS OF FATIGUE AND ENVIRONMENTAL EFFECTS TO DRIVE MARKET 142
12.3 RECYCLED CARBON FIBER 142
12.3.1 GROWING ENVIRONMENTAL CONCERNS TO DRIVE MARKET 142
13 CARBON FIBER MARKET, BY APPLICATION 145
13.1 INTRODUCTION 146
13.2 COMPOSITES 147
13.2.1 RIGIDITY AND HIGH TENSILE STRENGTH TO FUEL DEMAND 147
13.2.2 PREPREGS 148
13.2.3 MOLDING COMPOUNDS 148
13.2.4 WOVEN FABRICS 148
13.3 NON-COMPOSITES 150
13.3.1 RISING DEMAND FOR EVS AND 3D PRINTING TO DRIVE MARKET 150
14 CARBON FIBER MARKET, BY END-USE INDUSTRY 152
14.1 INTRODUCTION 153
14.2 AEROSPACE & DEFENSE 156
14.2.1 MAJOR CONSUMER OF CARBON FIBER COMPOSITE MATERIALS 156
14.2.2 ROCKETS, SPACE VEHICLES, HABITATION EQUIPMENT 158
14.2.3 UMA (URBAN AIR MOBILITY) AND SMALL AIRCRAFT EQUIPMENT 159
14.3 WIND ENERGY 159
14.3.1 STEADY INCREASE IN GLOBAL WIND ENERGY INSTALLATION 159
14.4 AUTOMOTIVE 161
14.4.1 INCREASING ADOPTION OF CARBON FIBERS BY AUTOMOTIVE GIANTS
TO DRIVE MARKET 161
14.4.2 INTERIOR COMPONENTS 162
14.4.3 EXTERIOR COMPONENTS 162
14.4.4 SMALL MOBILITY APPLICATION 164
14.5 PIPES 164
14.5.1 UNIQUE BLEND OF PROPERTIES TO DRIVE MARKET 164
14.6 SPORTING GOODS 166
14.6.1 INTEREST IN HIGHER PERFORMANCE AND SUSTAINABILITY TO DRIVE
NEW CFRP MATERIALS IN SPORTING GOODS 166
14.7 MEDICAL & HEALTHCARE 168
14.7.1 SUSTENANCE UNDER EXTREME ENVIRONMENTAL CONDITIONS
TO DRIVE MARKET 168
14.7.2 DIAGNOSTICS IMAGING 169
14.7.3 BODY IMPLANT, SURGICAL INSTRUMENTS, AND OTHERS 170
14.8 CONSTRUCTION & INFRASTRUCTURE 170
14.8.1 GROWTH IN CONSTRUCTION & INFRASTRUCTURE SEGMENT
TO BOOST DEMAND 170
14.8.2 BUILDING INFRASTRUCTURE 172
14.8.3 CIVIL INFRASTRUCTURE 172
14.9 PRESSURE VESSELS 172
14.9.1 INCREASE IN DEMAND FOR TYPE IV CYLINDERS TO DRIVE MARKET 172
14.10 MARINE 174
14.10.1 GROWING MARINE APPLICATIONS TO DRIVE MARKET 174
14.11 OTHER END-USE INDUSTRIES 176
14.11.1 ELECTRICAL & ELECTRONICS 176
14.11.2 CABLES 177
14.11.3 MOLDING COMPOUNDS 177
15 CARBON FIBER MARKET, BY REGION 180
15.1 INTRODUCTION 181
15.2 EUROPE 183
15.2.1 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY 184
15.2.2 EUROPE: CARBON FIBER MARKET, BY COUNTRY 187
15.2.2.1 Germany 188
15.2.2.1.1 Strong automotive, aerospace, and renewable energy demand to drive market 188
15.2.2.2 France 191
15.2.2.2.1 Strong aerospace, EV, and renewable energy industries
to drive market 191
15.2.2.3 UK 193
15.2.2.3.1 Growing demand for lightweight materials and offshore wind energy to drive market 193
15.2.2.4 Italy 196
15.2.2.4.1 Growing demand from automotive, wind energy, and advanced composites to drive market 196
15.2.2.5 Spain 198
15.2.2.5.1 Strong wind energy and aerospace demand to drive market 198
15.2.2.6 Rest of Europe 201
15.3 NORTH AMERICA 203
15.3.1 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY 204
15.3.2 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY 206
15.3.2.1 US 207
15.3.2.1.1 Presence of well-established industries to drive market 207
15.3.2.2 Canada 210
15.3.2.2.1 Presence of well-established aerospace industry
to fuel demand 210
15.4 ASIA PACIFIC 212
15.4.1 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY 214
15.4.2 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY 216
15.4.2.1 Japan 217
15.4.2.1.1 Strong carbon fiber exports and advanced manufacturing
to drive market 217
15.4.2.2 China 220
15.4.2.2.1 Strong EV, wind energy, and aerospace demand to
drive market 220
15.4.2.3 Taiwan 222
15.4.2.3.1 Strong bicycle and advanced composites industries to
drive market 222
15.4.2.4 South Korea 225
15.4.2.4.1 Strong automotive, hydrogen, and shipbuilding
industries to drive market 225
15.4.2.5 Rest of Asia Pacific 227
15.5 MIDDLE EAST & AFRICA 230
15.5.1 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY 230
15.5.2 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY 232
15.5.2.1 GCC Countries 234
15.5.2.1.1 UAE 234
15.5.2.1.1.1 Regional hub for advanced composites and
lightweight mobility 234
15.5.2.1.2 Saudi Arabia 237
15.5.2.1.2.1 High demand in pipes & pressure vessels industry 237
15.5.2.1.3 Rest of GCC Countries 240
15.5.2.2 South Africa 242
15.5.2.2.1 Strengthens position in wind energy and advanced composites 242
15.5.2.3 Rest of Middle East & Africa 244
15.6 LATIN AMERICA 247
15.6.1 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY 247
15.6.2 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY 249
15.6.2.1 Brazil 250
15.6.2.1.1 Key hub for aerospace, wind energy, and automotive composites 250
15.6.2.2 Mexico 253
15.6.2.2.1 Automotive and wind energy industries to be prominent consumers of carbon fiber 253
15.6.2.3 Rest of Latin America 255
16 COMPETITIVE LANDSCAPE 258
16.1 OVERVIEW 258
16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 258
16.3 REVENUE ANALYSIS 260
16.4 MARKET SHARE ANALYSIS 261
16.5 BRAND COMPARISON 263
16.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2025 265
16.6.1 STARS 265
16.6.2 EMERGING LEADERS 265
16.6.3 PERVASIVE PLAYERS 265
16.6.4 PARTICIPANTS 266
16.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2025 267
16.6.5.1 Company footprint 267
16.6.5.2 Region footprint 268
16.6.5.3 Raw material type footprint 269
16.6.5.4 Fiber type footprint 270
16.6.5.5 Modulus type footprint 271
16.6.5.6 Product type footprint 272
16.6.5.7 Application footprint 273
16.6.5.8 End-use industry footprint 274
16.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2025 275
16.7.1 PROGRESSIVE COMPANIES 275
16.7.2 RESPONSIVE COMPANIES 275
16.7.3 DYNAMIC COMPANIES 275
16.7.4 STARTING BLOCKS 275
16.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2025 276
16.7.5.1 Detailed list of key startups/SMEs 276
16.7.5.2 Competitive benchmarking of key startups/SMEs 277
16.8 COMPANY VALUATION AND FINANCIAL METRICS 279
16.9 COMPETITIVE SCENARIO 280
16.9.1 PRODUCT LAUNCHES 280
16.9.2 DEALS 282
16.9.3 EXPANSIONS 285
16.9.4 OTHER DEVELOPMENTS 289
17 COMPANY PROFILES 290
17.1 KEY COMPANIES 290
17.1.1 TORAY INDUSTRIES, INC. 290
17.1.1.1 Business overview 290
17.1.1.2 Products offered 291
17.1.1.3 Recent developments 293
17.1.1.3.1 Product launches 293
17.1.1.3.2 Deals 294
17.1.1.3.3 Expansions 294
17.1.1.3.4 Other developments 295
17.1.1.4 MnM view 296
17.1.1.4.1 Right to win 296
17.1.1.4.2 Strategic choices 296
17.1.1.4.3 Weaknesses and competitive threats 296
17.1.2 DOWAKSA 297
17.1.2.1 Business overview 297
17.1.2.2 Products offered 297
17.1.2.3 Recent developments 298
17.1.2.3.1 Deals 298
17.1.2.3.2 Expansions 298
17.1.2.4 MnM view 298
17.1.2.4.1 Right to win 298
17.1.2.4.2 Strategic choices 299
17.1.2.4.3 Weaknesses and competitive threats 299
17.1.3 MITSUBISHI CHEMICAL GROUP CORPORATION 300
17.1.3.1 Business overview 300
17.1.3.2 Products offered 301
17.1.3.3 Recent developments 302
17.1.3.3.1 Deals 302
17.1.3.3.2 Expansions 303
17.1.3.4 MnM view 304
17.1.3.4.1 Right to win 304
17.1.3.4.2 Strategic choices 304
17.1.3.4.3 Weaknesses and competitive threats 304
17.1.4 SYENSQO 305
17.1.4.1 Business overview 305
17.1.4.2 Products offered 306
17.1.4.3 Recent developments 307
17.1.4.3.1 Deals 307
17.1.4.4 MnM view 308
17.1.4.4.1 Right to win 308
17.1.4.4.2 Strategic choices 308
17.1.4.4.3 Weaknesses and competitive threats 308
17.1.5 TEIJIN LIMITED 309
17.1.5.1 Business overview 309
17.1.5.2 Products offered 310
17.1.5.3 Recent developments 311
17.1.5.3.1 Product launches 311
17.1.5.3.2 Deals 312
17.1.5.3.3 Expansions 312
17.1.5.3.4 Other developments 313
17.1.5.4 MnM view 313
17.1.5.4.1 Right to win 313
17.1.5.4.2 Strategic choices 313
17.1.5.4.3 Weaknesses and competitive threats 313
17.1.6 SGL CARBON 314
17.1.6.1 Business overview 314
17.1.6.2 Products offered 315
17.1.6.3 Recent developments 316
17.1.6.3.1 Deals 316
17.1.6.3.2 Expansions 316
17.1.6.4 MnM view 317
17.1.6.4.1 Right to win 317
17.1.6.4.2 Strategic choices 317
17.1.6.4.3 Weaknesses and competitive threats 317
17.1.7 HEXCEL CORPORATION 318
17.1.7.1 Business overview 318
17.1.7.2 Products offered 319
17.1.7.3 Recent developments 320
17.1.7.3.1 Product launches 320
17.1.7.3.2 Deals 320
17.1.7.3.3 Expansions 321
17.1.7.4 MnM view 321
17.1.7.4.1 Right to win 321
17.1.7.4.2 Strategic choices 321
17.1.7.4.3 Weaknesses and competitive threats 321
17.1.8 HS HYOSUNG ADVANCED MATERIALS 322
17.1.8.1 Business overview 322
17.1.8.2 Products offered 323
17.1.8.3 Recent developments 324
17.1.8.3.1 Product launches 324
17.1.8.3.2 Deals 325
17.1.8.3.3 Expansions 325
17.1.8.4 MnM view 326
17.1.8.4.1 Right to win 326
17.1.8.4.2 Strategic choices 326
17.1.8.4.3 Weaknesses and competitive threats 326
17.1.9 ZHONGFU SHENYING CARBON FIBER CO., LTD. 327
17.1.9.1 Business overview 327
17.1.9.2 Products offered 328
17.1.9.3 Recent developments 329
17.1.9.3.1 Product launches 329
17.1.9.3.2 Expansions 329
17.1.9.4 MnM view 330
17.1.9.4.1 Right to win 330
17.1.9.4.2 Strategic choices 330
17.1.9.4.3 Weaknesses and competitive threats 330
17.1.10 UMATEX 331
17.1.10.1 Business overview 331
17.1.10.2 Products offered 331
17.1.10.3 MnM view 332
17.1.10.3.1 Right to win 332
17.1.10.3.2 Strategic choices 332
17.1.10.3.3 Weaknesses and competitive threats 332
17.1.11 KUREHA CORPORATION 333
17.1.11.1 Business overview 333
17.1.11.2 Products offered 334
17.1.11.3 MnM view 334
17.1.11.3.1 Key strengths 334
17.1.11.3.2 Strategic choices 334
17.1.11.3.3 Weaknesses and competitive threats 334
17.1.12 OSAKA GAS CHEMICALS CO., LTD. 335
17.1.12.1 Business overview 335
17.1.12.2 Products offered 336
17.1.12.3 MnM view 336
17.1.12.3.1 Key strengths 336
17.1.12.3.2 Strategic choices 336
17.1.12.3.3 Weaknesses & competitive threats 336
17.1.13 JILIN CHEMICAL FIBER GROUP CO., LTD. 337
17.1.13.1 Business overview 337
17.1.13.2 Products offered 337
17.1.13.3 Recent developments 338
17.1.13.3.1 Deals 338
17.1.13.3.2 Expansions 338
17.1.13.4 MnM view 339
17.1.13.4.1 Key strengths 339
17.1.13.4.2 Strategic choices 339
17.1.13.4.3 Weaknesses & competitive threats 339
17.1.14 JIANGSU HENGSHEN CO., LTD. 340
17.1.14.1 Business overview 340
17.1.14.2 Products offered 340
17.1.14.3 Recent developments 341
17.1.14.3.1 Expansions 341
17.1.14.4 MnM view 341
17.1.14.4.1 Key strengths 341
17.1.14.4.2 Strategic choices 341
17.1.14.4.3 Weaknesses & competitive threats 341
17.1.15 CHINA NATIONAL BLUESTAR (GROUP) CO., LTD. 342
17.1.15.1 Business overview 342
17.1.15.2 Products offered 342
17.1.15.3 MnM view 343
17.1.15.3.1 Key strengths 343
17.1.15.3.2 Strategic choices 343
17.1.15.3.3 Weaknesses & competitive threats 343
17.2 OTHER PLAYERS 344
17.2.1 CHINA WEIHAI GUANGWEI COMPOSITES CO., LTD. 344
17.2.2 CHANGSHENG (LANGFANG) TECHNOLOGY CO., LTD. 345
17.2.3 JILIN JIYAN HIGH-TECH FIBER CO., LTD. 346
17.2.4 JILIN SHENZHOU CARBON FIBER CO., LTD. 347
17.2.5 ALFA CHEMISTRY 347
17.2.6 BCIRCULAR 348
17.2.7 VARTEGA INC. 349
17.2.8 FLINK INTERNATIONAL CO., LTD. 350
17.2.9 CHINA COMPOSITES GROUP CORPORATION LTD. 351
17.2.10 FORMOSA PLASTICS CORPORATION 352
17.2.11 NIPPON GRAPHITE FIBER CO., LTD. 353
17.2.12 NEWTECH GROUP CO., LTD. 353
17.2.13 ACE C&TECH CO., LTD. 354
17.2.14 PROCOTEX 355
17.2.15 CARBON CONVERSIONS 356
17.2.16 OAK RIDGE NATIONAL LABORATORY 357
18 RESEARCH METHODOLOGY 358
18.1 RESEARCH DATA 358
18.1.1 SECONDARY DATA 359
18.1.1.1 Key data from secondary sources 359
18.1.2 PRIMARY DATA 359
18.1.2.1 Key data from primary sources 360
18.1.2.2 Key primary interview participants 360
18.1.2.3 Breakdown of interviews with experts 361
18.1.2.4 Key industry insights 361
18.2 MARKET SIZE ESTIMATION 362
18.2.1 BOTTOM-UP APPROACH 362
18.2.2 TOP-DOWN APPROACH 362
18.3 BASE NUMBER CALCULATION 363
18.3.1 APPROACH 1: SUPPLY-SIDE ANALYSIS 363
18.3.2 APPROACH 2: DEMAND-SIDE ANALYSIS 363
18.4 FORECAST NUMBER CALCULATION 363
18.5 DATA TRIANGULATION 364
18.6 FACTOR ANALYSIS 365
18.7 RESEARCH ASSUMPTIONS 365
18.8 RESEARCH LIMITATIONS AND RISK ASSESSMENT 366
19 APPENDIX 367
19.1 DISCUSSION GUIDE 367
19.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 370
19.3 CUSTOMIZATION OPTIONS 372
19.4 RELATED REPORTS 372
19.5 AUTHOR DETAILS 373

LIST OF TABLES

TABLE 1 WIND POWER INSTALLATIONS (OFFSHORE), BY REGION, 2021–2024 (MW) 46
TABLE 2 NEW WIND POWER INSTALLATIONS (OFFSHORE), BY REGION, 2025–2034 (MW) 46
TABLE 3 CARBON FIBER MARKET: PORTER’S FIVE FORCES ANALYSIS 58
TABLE 4 GDP PERCENTAGE CHANGE, BY KEY COUNTRIES, 2022–2030 60
TABLE 5 TRENDS IN GLOBAL EV SALES 63
TABLE 6 TRENDS IN AEROSPACE & DEFENSE: GLOBAL AIRCRAFT DELIVERIES (2025) 63
TABLE 7 CARBON FIBER MARKET: ROLE IN ECOSYSTEM 66
TABLE 8 AVERAGE SELLING PRICE OF CARBON FIBER OFFERED BY KEY PLAYERS,
BY END-USE INDUSTRY, 2025 (USD/KG) 68
TABLE 9 AVERAGE SELLING PRICE TREND OF CARBON FIBER, BY REGION,
2023–2025 (USD/KG) 69
TABLE 10 IMPORT DATA FOR HS CODE 681511-COMPLIANT PRODUCTS,
2022–2025 (USD THOUSAND) 70
TABLE 11 IMPORT DATA FOR HS CODE 681511-COMPLIANT PRODUCTS, 2022–2025 (TON) 72
TABLE 12 EXPORT DATA FOR HS CODE 681511-COMPLIANT PRODUCTS,
2022–2025 (USD THOUSAND) 73
TABLE 13 EXPORT DATA FOR HS CODE 681511-COMPLIANT PRODUCTS, 2022–2025 (TON) 75
TABLE 14 CARBON FIBER MARKET: KEY CONFERENCES AND EVENTS, 2026–2028 75
TABLE 15 TOP COUNTRY WITH RESPECTIVE TARIFF RATES 81
TABLE 16 EXPECTED CHANGE IN PRICES AND IMPACT ON END-USE MARKET DUE TO TARIFFS 82
TABLE 17 CARBON FIBER MARKET: TOTAL NUMBER OF PATENTS 94
TABLE 18 LIST OF PATENTS BY TORAY INDUSTRIES, INC. 97
TABLE 19 LIST OF PATENTS BY MITSUBISHI CHEMICAL GROUP CORPORATION 98
TABLE 20 LIST OF PATENTS BY CHINA PETROLEUM AND CHEMICAL CORPORATION 99
TABLE 21 TOP USE CASES AND MARKET POTENTIAL 102
TABLE 22 BEST PRACTICES: COMPANIES IMPLEMENTING USE CASES 103
TABLE 23 CARBON FIBER MARKET: CASE STUDIES RELATED TO GEN AI IMPLEMENTATION 104
TABLE 24 INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS 104
TABLE 25 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 107
TABLE 26 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 108
TABLE 27 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 109
TABLE 28 GLOBAL INDUSTRY STANDARDS IN CARBON FIBER MARKET 109
TABLE 29 CERTIFICATIONS, LABELING, ECO-STANDARDS IN CARBON FIBER MARKET 113
TABLE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY (%) 115
TABLE 31 KEY BUYING CRITERIA, BY END-USE INDUSTRY 116
TABLE 32 UNMET NEEDS IN CARBON FIBER MARKET BY END-USE INDUSTRY 118
TABLE 33 CARBON FIBER MARKET, BY RAW MATERIAL, 2023–2025 (USD MILLION) 123
TABLE 34 CARBON FIBER MARKET, BY RAW MATERIAL, 2023–2025 (KILOTON) 123
TABLE 35 CARBON FIBER MARKET, BY RAW MATERIAL, 2026–2031 (USD MILLION) 123
TABLE 36 CARBON FIBER MARKET, BY RAW MATERIAL, 2026–2031 (KILOTON) 123
TABLE 37 PAN-BASED CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 124
TABLE 38 PAN-BASED CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 124
TABLE 39 PAN-BASED CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 125
TABLE 40 PAN-BASED CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 125
TABLE 41 PITCH-BASED CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 127
TABLE 42 PITCH-BASED CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 127
TABLE 43 PITCH-BASED CARBON FIBER, BY REGION, 2026–2031 (USD MILLION) 127
TABLE 44 PITCH-BASED CARBON FIBER, BY REGION, 2026–2031 (KILOTON) 128
TABLE 45 CARBON FIBER MARKET, BY MODULUS, 2023–2025 (USD MILLION) 131
TABLE 46 CARBON FIBER MARKET, BY MODULUS, 2023–2025 (KILOTON) 131
TABLE 47 CARBON FIBER MARKET, BY MODULUS, 2026–2031 (USD MILLION) 131
TABLE 48 CARBON FIBER MARKET, BY MODULUS, 2026–2031 (KILOTON) 132
TABLE 49 CARBON FIBER MARKET, BY PRODUCT TYPE, 2023–2025 (USD MILLION) 134
TABLE 50 CARBON FIBER MARKET, BY PRODUCT TYPE, 2023–2025 (KILOTON) 134
TABLE 51 CARBON FIBER MARKET, BY PRODUCT TYPE, 2026–2031 (USD MILLION) 135
TABLE 52 CARBON FIBER MARKET, BY PRODUCT TYPE, 2026–2031 (KILOTON) 135
TABLE 53 CONTINUOUS CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 136
TABLE 54 CONTINUOUS CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 136
TABLE 55 CONTINUOUS CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 136
TABLE 56 CONTINUOUS CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 137
TABLE 57 LONG CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 138
TABLE 58 LONG CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 138
TABLE 59 LONG CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 138
TABLE 60 LONG CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 139
TABLE 61 SHORT CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 139
TABLE 62 SHORT CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 140
TABLE 63 SHORT CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 140
TABLE 64 SHORT CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 140
TABLE 65 CARBON FIBER MARKET, BY FIBER TYPE, 2023–2025 (USD MILLION) 143
TABLE 66 CARBON FIBER MARKET, BY FIBER TYPE, 2023–2025 (KILOTON) 144
TABLE 67 CARBON FIBER MARKET, BY FIBER TYPE, 2026–2031 (USD MILLION) 144
TABLE 68 CARBON FIBER MARKET, BY FIBER TYPE, 2026–2031 (KILOTON) 144
TABLE 69 CARBON FIBER MARKET, BY APPLICATION, 2023–2025 (USD MILLION) 146
TABLE 70 CARBON FIBER MARKET, BY APPLICATION, 2023–2025 (KILOTON) 146
TABLE 71 CARBON FIBER MARKET, BY APPLICATION, 2026–2031 (USD MILLION) 147
TABLE 72 CARBON FIBER MARKET, BY APPLICATION, 2026–2031 (KILOTON) 147
TABLE 73 COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 149
TABLE 74 COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 149
TABLE 75 COMPOSITES: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 149
TABLE 76 COMPOSITES: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 150
TABLE 77 NON-COMPOSITES: CARBON FIBER MARKET, BY REGION,
2023–2025 (USD MILLION) 150
TABLE 78 NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 151
TABLE 79 NON-COMPOSITES: CARBON FIBER MARKET, BY REGION,
2026–2031 (USD MILLION) 151
TABLE 80 NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 151
TABLE 81 CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 154
TABLE 82 CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 154
TABLE 83 CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 155
TABLE 84 CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 155
TABLE 85 NUMBER OF NEW COMMERCIAL AIRPLANE DELIVERIES, BY REGION, 2025–2044 156
TABLE 86 AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION,
2023–2025 (USD MILLION) 157
TABLE 87 AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION,
2023–2025 (KILOTON) 157
TABLE 88 AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION,
2026–2031 (USD MILLION) 157
TABLE 89 AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION,
2026–2031 (KILOTON) 158
TABLE 90 WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 160
TABLE 91 WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 160
TABLE 92 WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 160
TABLE 93 WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 161
TABLE 94 AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 162
TABLE 95 AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 163
TABLE 96 AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 163
TABLE 97 AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 163
TABLE 98 PIPES: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 164
TABLE 99 PIPES: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 165
TABLE 100 PIPES: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 165
TABLE 101 PIPES: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 165
TABLE 102 SPORTING GOODS: CARBON FIBER MARKET, BY REGION,
2023–2025 (USD MILLION) 166
TABLE 103 SPORTING GOODS: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 166
TABLE 104 SPORTING GOODS: CARBON FIBER MARKET, BY REGION,
2026–2031 (USD MILLION) 167
TABLE 105 SPORTING GOODS: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 167
TABLE 106 MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION,
2023–2025 (USD MILLION) 168
TABLE 107 MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION,
2023–2025 (KILOTON) 168
TABLE 108 MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION,
2026–2031 (USD MILLION) 169
TABLE 109 MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION,
2026–2031 (KILOTON) 169
TABLE 110 CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION,
2023–2025 (USD MILLION) 170
TABLE 111 CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION,
2023–2025 (KILOTON) 171
TABLE 112 CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION,
2026–2031 (USD MILLION) 171
TABLE 113 CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION,
2026–2031 (KILOTON) 171
TABLE 114 PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION,
2023–2025 (USD MILLION) 173
TABLE 115 PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION,
2023–2025 (KILOTON) 173
TABLE 116 PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION,
2026–2031 (USD MILLION) 173
TABLE 117 PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION,
2026–2031 (KILOTON) 174
TABLE 118 MARINE: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 175
TABLE 119 MARINE: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 175
TABLE 120 MARINE: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 175
TABLE 121 MARINE: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 176
TABLE 122 OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION,
2023–2025 (USD MILLION) 177
TABLE 123 OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION,
2023–2025 (KILOTON) 178
TABLE 124 OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION,
2026–2031 (USD MILLION) 178
TABLE 125 OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION,
2026–2031 (KILOTON) 178
TABLE 126 CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 182
TABLE 127 CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 182
TABLE 128 CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 182
TABLE 129 CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 183
TABLE 130 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 184
TABLE 131 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 185
TABLE 132 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 185
TABLE 133 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 186
TABLE 134 EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (USD MILLION) 187
TABLE 135 EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (KILOTON) 187
TABLE 136 EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (USD MILLION) 187
TABLE 137 EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (KILOTON) 188
TABLE 138 GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 189
TABLE 139 GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 189
TABLE 140 GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 190
TABLE 141 GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 190
TABLE 142 FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 191
TABLE 143 FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 192
TABLE 144 FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 192
TABLE 145 FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 193
TABLE 146 UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 194
TABLE 147 UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 194
TABLE 148 UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 195
TABLE 149 UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 195
TABLE 150 ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 196
TABLE 151 ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 197
TABLE 152 ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 197
TABLE 153 ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 198
TABLE 154 SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 199
TABLE 155 SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 199
TABLE 156 SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 200
TABLE 157 SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 200
TABLE 158 REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 201
TABLE 159 REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 202
TABLE 160 REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 202
TABLE 161 REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 203
TABLE 162 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 204
TABLE 163 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 205
TABLE 164 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 205
TABLE 165 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 206
TABLE 166 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY,
2023–2025 (USD MILLION) 206
TABLE 167 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (KILOTON) 207
TABLE 168 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY,
2026–2031 (USD MILLION) 207
TABLE 169 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (KILOTON) 207
TABLE 170 US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 208
TABLE 171 US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 208
TABLE 172 US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 209
TABLE 173 US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 209
TABLE 174 CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 210
TABLE 175 CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 211
TABLE 176 CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 211
TABLE 177 CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 212
TABLE 178 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 214
TABLE 179 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 214
TABLE 180 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 215
TABLE 181 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 215
TABLE 182 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (USD MILLION) 216
TABLE 183 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (KILOTON) 216
TABLE 184 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (USD MILLION) 216
TABLE 185 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (KILOTON) 217
TABLE 186 JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 218
TABLE 187 JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 218
TABLE 188 JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 219
TABLE 189 JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 219
TABLE 190 CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 220
TABLE 191 CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 221
TABLE 192 CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 221
TABLE 193 CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 222
TABLE 194 TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 223
TABLE 195 TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 223
TABLE 196 TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 224
TABLE 197 TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 224
TABLE 198 SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 225
TABLE 199 SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 226
TABLE 200 SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 226
TABLE 201 SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 227
TABLE 202 REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 228
TABLE 203 REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 228
TABLE 204 REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 229
TABLE 205 REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 229
TABLE 206 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 230
TABLE 207 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 231
TABLE 208 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 231
TABLE 209 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 232
TABLE 210 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY,
2023–2025 (USD MILLION) 232
TABLE 211 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY,
2023–2025 (KILOTON) 233
TABLE 212 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY,
2026–2031 (USD MILLION) 233
TABLE 213 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY,
2026–2031 (KILOTON) 233
TABLE 214 UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 234
TABLE 215 UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 235
TABLE 216 UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 235
TABLE 217 UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 236
TABLE 218 SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 237
TABLE 219 SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 238
TABLE 220 SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 238
TABLE 221 SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 239
TABLE 222 REST OF GCC COUNTRIES: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 240
TABLE 223 REST OF GCC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 240
TABLE 224 REST OF GCC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 241
TABLE 225 REST OF GCC: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 241
TABLE 226 SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 242
TABLE 227 SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 243
TABLE 228 SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 243
TABLE 229 SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 244
TABLE 230 REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 245
TABLE 231 REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 245
TABLE 232 REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 246
TABLE 233 REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 246
TABLE 234 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 247
TABLE 235 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 248
TABLE 236 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 248
TABLE 237 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 249
TABLE 238 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY,
2023–2025 (USD MILLION) 249
TABLE 239 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (KILOTON) 249
TABLE 240 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY,
2026–2031 (USD MILLION) 250
TABLE 241 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (KILOTON) 250
TABLE 242 BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 251
TABLE 243 BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 251
TABLE 244 BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 252
TABLE 245 BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 252
TABLE 246 MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 253
TABLE 247 MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 254
TABLE 248 MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 254
TABLE 249 MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 255
TABLE 250 REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (USD MILLION) 256
TABLE 251 REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2023–2025 (KILOTON) 256
TABLE 252 REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (USD MILLION) 257
TABLE 253 REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,
2026–2031 (KILOTON) 257
TABLE 254 CARBON FIBER MARKET: KEY STRATEGIES ADOPTED BY MAJOR PLAYERS 258
TABLE 255 CARBON FIBER MARKET: DEGREE OF COMPETITION, 2025 262
TABLE 256 CARBON FIBER MARKET: REGION FOOTPRINT 268
TABLE 257 CARBON FIBER MARKET: RAW MATERIAL TYPE FOOTPRINT 269
TABLE 258 CARBON FIBER MARKET: FIBER TYPE FOOTPRINT 270
TABLE 259 CARBON FIBER MARKET: MODULUS FOOTPRINT 271
TABLE 260 CARBON FIBER MARKET: PRODUCT TYPE FOOTPRINT 272
TABLE 261 CARBON FIBER MARKET: APPLICATION FOOTPRINT 273
TABLE 262 CARBON FIBER MARKET: END-USE INDUSTRY FOOTPRINT 274
TABLE 263 CARBON FIBER MARKET: DETAILED LIST OF KEY STARTUPS/SMES 276
TABLE 264 CARBON FIBER MARKET: COMPETITIVE BENCHMARKING OF KEY
STARTUPS/SMES (1/2) 277
TABLE 265 CARBON FIBER MARKET: COMPETITIVE BENCHMARKING OF KEY
STARTUPS/SMES (2/2) 278
TABLE 266 CARBON FIBER MARKET: PRODUCT LAUNCHES, JANUARY 2020–MAY 2026 280
TABLE 267 CARBON FIBER MARKET: DEALS, JANUARY 2020–MAY 2026 282
TABLE 268 CARBON FIBER MARKET: EXPANSIONS, JANUARY 2020 – MAY 2026 285
TABLE 269 CARBON FIBER MARKET: OTHER DEVELOPMENTS, JANUARY 2020 – MAY 2026 289
TABLE 270 TORAY INDUSTRIES, INC.: COMPANY OVERVIEW 290
TABLE 271 TORAY INDUSTRIES, INC.: PRODUCTS OFFERED 291
TABLE 272 TORAY INDUSTRIES, INC.: PRODUCT LAUNCHES 293
TABLE 273 TORAY INDUSTRIES, INC.: DEALS 294
TABLE 274 TORAY INDUSTRIES, INC.: EXPANSIONS 294
TABLE 275 TORAY INDUSTRIES, INC.: OTHER DEVELOPMENTS 295
TABLE 276 DOWAKSA: COMPANY OVERVIEW 297
TABLE 277 DOWAKSA: PRODUCTS OFFERED 297
TABLE 278 DOWAKSA: DEALS 298
TABLE 279 DOWAKSA: EXPANSIONS 298
TABLE 280 MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY OVERVIEW 300
TABLE 281 MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCTS OFFERED 301
TABLE 282 MITSUBISHI CHEMICAL GROUP CORPORATION: DEALS 302
TABLE 283 MITSUBISHI CHEMICAL GROUP CORPORATION: EXPANSIONS 303
TABLE 284 SYENSQO: COMPANY OVERVIEW 305
TABLE 285 SYENSQO: PRODUCTS OFFERED 306
TABLE 286 SYENSQO: DEALS 307
TABLE 287 TEIJIN LIMITED: COMPANY OVERVIEW 309
TABLE 288 TEIJIN LIMITED: PRODUCTS OFFERED 310
TABLE 289 TEIJIN LIMITED: PRODUCT LAUNCHES 311
TABLE 290 TEIJIN LIMITED: DEALS 312
TABLE 291 TEIJIN LIMITED: EXPANSIONS 312
TABLE 292 TEIJIN LIMITED: OTHER DEVELOPMENTS 313
TABLE 293 SGL CARBON: COMPANY OVERVIEW 314
TABLE 294 SGL CARBON: PRODUCTS OFFERED 315
TABLE 295 SGL CARBON: DEALS 316
TABLE 296 SGL CARBON: EXPANSIONS 316
TABLE 297 HEXCEL CORPORATION: COMPANY OVERVIEW 318
TABLE 298 HEXCEL CORPORATION: PRODUCTS OFFERED 319
TABLE 299 HEXCEL CORPORATION: PRODUCT LAUNCHES 320
TABLE 300 HEXCEL CORPORATION: DEALS 320
TABLE 301 HEXCEL CORPORATION: EXPANSIONS 321
TABLE 302 HS HYOSUNG ADVANCED MATERIALS: COMPANY OVERVIEW 322
TABLE 303 HS HYOSUNG ADVANCED MATERIALS: PRODUCTS OFFERED 323
TABLE 304 HS HYOSUNG ADVANCED MATERIALS: PRODUCT LAUNCHES 324
TABLE 305 HS HYOSUNG ADVANCED MATERIALS: DEALS 325
TABLE 306 HS HYOSUNG ADVANCED MATERIALS: EXPANSIONS 325
TABLE 307 ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY OVERVIEW 327
TABLE 308 ZHONGFU SHENYING CARBON FIBER CO., LTD.: PRODUCTS OFFERED 328
TABLE 309 ZHONGFU SHENYING CARBON FIBER CO., LTD.: PRODUCT LAUNCHES 329
TABLE 310 ZHONGFU SHENYING CARBON FIBER CO., LTD.: EXPANSIONS 329
TABLE 311 UMATEX: COMPANY OVERVIEW 331
TABLE 312 UMATEX: PRODUCTS OFFERED 331
TABLE 313 KUREHA CORPORATION: COMPANY OVERVIEW 333
TABLE 314 KUREHA CORPORATION: PRODUCTS OFFERED 334
TABLE 315 OSAKA GAS CHEMICALS CO., LTD.: COMPANY OVERVIEW 335
TABLE 316 OSAKA GAS CHEMICALS CO., LTD.: PRODUCTS OFFERED 336
TABLE 317 JILIN CHEMICAL FIBER GROUP CO., LTD.: COMPANY OVERVIEW 337
TABLE 318 JILIN CHEMICAL FIBER GROUP CO., LTD.: PRODUCTS OFFERED 337
TABLE 319 JILIN CHEMICAL FIBER GROUP CO., LTD.: DEALS 338
TABLE 320 JILIN CHEMICAL FIBER GROUP CO., LTD.: EXPANSIONS 338
TABLE 321 JIANGSU HENGSHEN CO., LTD.: COMPANY OVERVIEW 340
TABLE 322 JIANGSU HENGSHEN CO., LTD.: PRODUCTS OFFERED 340
TABLE 323 JIANGSU HENGSHEN CO., LTD.: EXPANSIONS 341
TABLE 324 CHINA NATIONAL BLUESTAR (GROUP) CO, LTD.: COMPANY OVERVIEW 342
TABLE 325 CHINA NATIONAL BLUESTAR (GROUP) CO, LTD.: PRODUCTS OFFERED 342
TABLE 326 CHINA WEIHAI GUANGWEI COMPOSITES CO., LTD.: COMPANY OVERVIEW 344
TABLE 327 CHANGSHENG (LANGFANG) TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 345
TABLE 328 JILIN JIYAN HIGH-TECH FIBER CO., LTD.: COMPANY OVERVIEW 346
TABLE 329 JILIN SHENZHOU CARBON FIBER CO., LTD.: COMPANY OVERVIEW 347
TABLE 330 ALFA CHEMISTRY: COMPANY OVERVIEW 347
TABLE 331 BCIRCULAR: COMPANY OVERVIEW 348
TABLE 332 VARTEGA INC.: COMPANY OVERVIEW 349
TABLE 333 FLINK INTERNATIONAL CO., LTD.: COMPANY OVERVIEW 350
TABLE 334 CHINA COMPOSITES GROUP CORPORATION LTD.: COMPANY OVERVIEW 351
TABLE 335 FORMOSA PLASTICS CORPORATION: COMPANY OVERVIEW 352
TABLE 336 NIPPON GRAPHITE FIBER CO., LTD.: COMPANY OVERVIEW 353
TABLE 337 NEWTECH GROUP CO., LTD.: COMPANY OVERVIEW 353
TABLE 338 ACE C&TECH CO., LTD.: COMPANY OVERVIEW 354
TABLE 339 PROCOTEX: COMPANY OVERVIEW 355
TABLE 340 CARBON CONVERSIONS: COMPANY OVERVIEW 356
TABLE 341 OAK RIDGE NATIONAL LABORATORY: COMPANY OVERVIEW 357
TABLE 342 LIST OF PRIMARY INTERVIEW PARTICIPANTS 360

LIST OF FIGURES

FIGURE 1 CARBON FIBER MARKET: SEGMENTATION AND REGIONAL SCOPE 30
FIGURE 2 KEY INSIGHTS AND MARKET HIGHLIGHTS 34
FIGURE 3 GLOBAL CARBON FIBER MARKET, 2025–2031 35
FIGURE 4 MAJOR STRATEGIES ADOPTED BY KEY PLAYERS IN CARBON FIBER MARKET (2020–2026) 35
FIGURE 5 DISRUPTIVE TRENDS IMPACTING GROWTH OF CARBON FIBER MARKET 36
FIGURE 6 HIGH-GROWTH SEGMENTS AND EMERGING FRONTIERS IN CARBON
FIBER MARKET 37
FIGURE 7 ASIA PACIFIC TO BE FASTEST-GROWING REGION IN CARBON FIBER MARKET 38
FIGURE 8 HIGH DEMAND IN AEROSPACE & DEFENSE AND WIND ENERGY INDUSTRIES
TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 39
FIGURE 9 AEROSPACE & DEFENSE SEGMENT AND EUROPE ACCOUNTED FOR
LARGEST MARKET SHARE OF CARBON FIBER IN 2025 40
FIGURE 10 PAN-BASED CARBON FIBER SEGMENT TO REGISTER HIGHEST
GROWTH DURING FORECAST PERIOD 40
FIGURE 11 COMPOSITES SEGMENT LEADING MARKET DURING FORECAST PERIOD 41
FIGURE 12 STANDARD MODULUS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 41
FIGURE 13 VIRGIN CARBON FIBER ACCOUNTED FOR LARGEST MARKET SHARE IN 2025 41
FIGURE 14 CONTINUOUS CARBON FIBER SEGMENT TO REGISTER HIGHEST CAGR
DURING PROJECTED PERIOD 42
FIGURE 15 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 42
FIGURE 16 CARBON FIBER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 44
FIGURE 17 CARBON FIBER MARKET: PORTER’S FIVE FORCES ANALYSIS 58
FIGURE 18 TRENDS IN WIND ENERGY: MARKET STATUS 2024, OFFSHORE WIND 64
FIGURE 19 CARBON FIBER MARKET: SUPPLY CHAIN ANALYSIS 65
FIGURE 20 CARBON FIBER MARKET: KEY STAKEHOLDERS IN ECOSYSTEM 66
FIGURE 21 AVERAGE SELLING PRICE TREND OF CARBON FIBER, BY REGION,
2023–2025 (USD/KG) 68
FIGURE 22 IMPORT SCENARIO FOR HS CODE 681511-COMPLIANT PRODUCTS,
BY KEY COUNTRIES, 2022–2025 70
FIGURE 23 IMPORT SCENARIO FOR HS CODE 681511-COMPLIANT PRODUCTS,
BY KEY COUNTRIES, 2022–2025 71
FIGURE 24 EXPORT SCENARIO FOR HS CODE 681511-COMPLIANT PRODUCTS,
BY KEY COUNTRIES, 2022–2025 72
FIGURE 25 EXPORT SCENARIO FOR HS CODE 681511-COMPLIANT PRODUCTS,
BY KEY COUNTRIES, 2022–2025 74
FIGURE 26 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS 77
FIGURE 27 CARBON FIBER MARKET: INVESTMENT AND FUNDING SCENARIO, 2022–2025 78
FIGURE 28 PATENT ANALYSIS, BY DOCUMENT TYPE 95
FIGURE 29 PATENT PUBLICATION TREND, 2016−2026 95
FIGURE 30 CARBON FIBER MARKET: LEGAL STATUS OF PATENTS 96
FIGURE 31 CHINA DOMINATES IN PATENT ACTIVITY BETWEEN 2016 AND 2026 96
FIGURE 32 TORAY INDUSTRIES, INC. REGISTERED HIGHEST NUMBER OF PATENTS 97
FIGURE 33 FUTURE APPLICATIONS 100
FIGURE 34 CARBON FIBER MARKET: DECISION-MAKING FACTORS 114
FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY 115
FIGURE 36 KEY BUYING CRITERIA, BY END-USE INDUSTRY 116
FIGURE 37 ADOPTION BARRIERS & INTERNAL CHALLENGES 117
FIGURE 38 PAN-BASED CARBON FIBER MARKET TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD 122
FIGURE 39 STANDARD MODULUS SEGMENT TO REGISTER HIGHEST CAGR DURING
FORECAST PERIOD 131
FIGURE 40 CONTINUOUS CARBON FIBER SEGMENT TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD 134
FIGURE 41 RECYCLED CARBON FIBER SEGMENT TO REGISTER HIGHER CAGR
DURING FORECAST PERIOD 143
FIGURE 42 COMPOSITES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 146
FIGURE 43 PRESSURE VESSELS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 153
FIGURE 44 CHINA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 181
FIGURE 45 EUROPE: CARBON FIBER MARKET SNAPSHOT 184
FIGURE 46 NORTH AMERICA: CARBON FIBER MARKET SNAPSHOT 204
FIGURE 47 ASIA PACIFIC: CARBON FIBER MARKET SNAPSHOT 213
FIGURE 48 CARBON FIBER MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2020–2024 260
FIGURE 49 CARBON FIBER MARKET SHARE ANALYSIS, 2025 261
FIGURE 50 CARBON FIBER MARKET: BRAND COMPARISON 264
FIGURE 51 CARBON FIBER MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2025 266
FIGURE 52 CARBON FIBER MARKET: COMPANY FOOTPRINT 267
FIGURE 53 CARBON FIBER MARKET: COMPANY EVALUATION MATRIX
(STARTUPS/SMES), 2025 276
FIGURE 54 CARBON FIBER MARKET: EV/EBITDA OF KEY MANUFACTURERS 279
FIGURE 55 CARBON FIBER MARKET: ENTERPRISE VALUATION OF KEY PLAYERS, 2026 279
FIGURE 56 TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT 291
FIGURE 57 MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY SNAPSHOT 301
FIGURE 58 SYENSQO: COMPANY SNAPSHOT 306
FIGURE 59 TEIJIN LIMITED: COMPANY SNAPSHOT 310
FIGURE 60 SGL CARBON: COMPANY SNAPSHOT 315
FIGURE 61 HEXCEL CORPORATION: COMPANY SNAPSHOT 319
FIGURE 62 HS HYOSUNG ADVANCED MATERIALS: COMPANY SNAPSHOT 323
FIGURE 63 ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY SNAPSHOT 328
FIGURE 64 KUREHA CORPORATION: COMPANY SNAPSHOT 333
FIGURE 65 OSAKA GAS CHEMICALS CO., LTD.: COMPANY SNAPSHOT 335
FIGURE 66 CARBON FIBER MARKET: RESEARCH DESIGN 358
FIGURE 67 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH &
TOP-DOWN APPROACH 362
FIGURE 68 CARBON FIBER MARKET: DATA TRIANGULATION 364

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