Carbon Fiber Market Volume, Trends and Growth Outlook Report 2030

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Market Summary

The Carbon Fiber Market is growing due to innovation, evolving demand, and industry shifts. This report offers insights into market size, value, trends, competitive analysis, and key company strategies. It supports strategic planning with data-driven forecasts and regional insights, helping stakeholders identify opportunities, assess performance, and navigate the changing landscape effectively.

Key Report Highlights:

  • Market size and projections
  • Recent strategic moves by companies
  • Primary stakeholders
  • Import and export trends
  • Competitive landscape assessment
  • Emerging opportunities
  • Market trends and indicators

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Market size and projections

The Global Carbon Fiber Market size was valued at around USD 8 billion in 2024 and is projected to reach USD 16 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period, i.e., 2025-30. 

Market Key Driver –

The global market for carbon fiber is expanding significantly due to various factors, opportunities, and emerging trends. The growing application of carbon fiber in the fields of renewable energy particularly in wind turbines is a significant contributing factor.

Competitive Landscape:

The report profiles key players in the Carbon Fiber market, including:

  • Toray Industries Inc.
  • Hexcel Corporation
  • SGL Carbon
  • Teijin Limited
  • Solvay
  • Hyosung Advanced Materials
  • Mitsubishi Chemical Group Corporation
  • Anshan Sinoda Carbon Fibers Co., Ltd.
  • Zhongfu Shenying Carbon Co., Ltd.
  • China National Bluestar Co., Ltd.
  • Kureha Corporation
  • Nippon Graphite Fiber Co., Ltd.
  • ZOLTEK Corporation
  • Jilin Chemical Fiber Group Co., Ltd.
  • DowAksa

These companies are adopting strategies such as mergers, acquisitions, and partnerships to strengthen their market position.

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Carbon Fiber Market Segmentation Analysis:

The market is segmented into the following categories:

By Raw Material

  • Polyacrylonitrile (PAN)
  • Petroleum Pitch and Rayon

The Polyacrylonitrile segment leads the Global Carbon Fiber Market, representing around 90% of the market share in 2023.

By Fiber Type

  • Virgin Fiber
  • Recycle Fiber

By Application

  • Composite Materials
  • Textiles
  • Microelectrodes
  • Catalysis

By Tow Size

  • Small Tow
  • Large Tow

By Modulus

  • Standard Modulus
  • Intermediate Modulus
  • High Modulus

By Product Type

  • Continuous Carbon Fiber
  • Long Carbon Fiber
  • Short Carbon Fiber

By End User Industry

  • Automotive
  • Aerospace & Defense
  • Wind Turbines
  • Sports Equipment
  • Molding & Compounding
  • Construction
  • Pressure Vessels
  • Others

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Europe dominates the Global Carbon Fiber Market with a 40% share, due to several key reasons. 

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Key Questions Covered in the Report:

  1. What is the current size and value of the Carbon Fiber market?
  2. How is the Carbon Fiber market expected to grow by 2030?
  3. What key trends are shaping the future of the Carbon Fiber market?
  4. What factors are driving demand in the Carbon Fiber industry?
  5. Which regions show the strongest growth in the Carbon Fiber market?
  6. Who are the major players in the Carbon Fiber market and their strategies?
  7. What segments are leading revenue generation in the Carbon Fiber market?
  8. How are regulations influencing the Carbon Fiber market outlook?
  9. What are the major challenges facing the Carbon Fiber market?
  10. What new technologies are emerging in the Carbon Fiber industry?
  11. How is consumer behavior evolving in the Carbon Fiber market space?
  12. What opportunities exist for new entrants in the Carbon Fiber market?
  13. How does pricing vary across regions in the Carbon Fiber market?
  14. What investment trends are impacting the Carbon Fiber market growth?
  15. What is the forecasted CAGR for the Carbon Fiber market through 2030?

 

Others Report –

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Who We Are:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative and quantitative research company, strive to deliver data to a substantial and varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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