The global carbon fiber market size is accounted at USD 3.67 billion in 2025 and is forecasted to hit around USD 6.77 billion by 2034, representing a CAGR of 7.04% from 2025 to 2034. The Europe market size was estimated at USD 1.51 billion in 2024 and is expanding at a CAGR of 7.14% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Carbon Fiber Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Carbon Fiber Market Revenue and Volume, by Raw Material
8.1.1 PAN Based
8.1.1.1. Market Revenue and Volume Forecast
8.1.2. Pitch Based
8.1.2.1. Market Revenue and Volume Forecast
9.1. Carbon Fiber Market Revenue and Volume, by Tow Size
9.1.1. Small Tow
9.1.1.1. Market Revenue and Volume Forecast
9.1.2. Large Tow
9.1.2.1. Market Revenue and Volume Forecast
10.1. Carbon Fiber Market Revenue and Volume, by Application
10.1.1. Automotive
10.1.1.1. Market Revenue and Volume Forecast
10.1.2. Aerospace & Defense
10.1.2.1. Market Revenue and Volume Forecast
10.1.3. Wind Turbines
10.1.3.1. Market Revenue and Volume Forecast
10.1.4. Sports equipment
10.1.4.1. Market Revenue and Volume Forecast
10.1.5. Molding & Compounding
10.1.5.1. Market Revenue and Volume Forecast
10.1.6. Construction
10.1.6.1. Market Revenue and Volume Forecast
10.1.7. pressure vessels
10.1.7.1. Market Revenue and Volume Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Raw Material
11.1.2. Market Revenue and Volume Forecast, by Tow Size
11.1.3. Market Revenue and Volume Forecast, by Application
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Raw Material
11.1.4.2. Market Revenue and Volume Forecast, by Tow Size
11.1.4.3. Market Revenue and Volume Forecast, by Application
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Raw Material
11.1.5.2. Market Revenue and Volume Forecast, by Tow Size
11.1.5.3. Market Revenue and Volume Forecast, by Application
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Raw Material
11.2.2. Market Revenue and Volume Forecast, by Tow Size
11.2.3. Market Revenue and Volume Forecast, by Application
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Raw Material
11.2.4.2. Market Revenue and Volume Forecast, by Tow Size
11.2.4.3. Market Revenue and Volume Forecast, by Application
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Raw Material
11.2.5.2. Market Revenue and Volume Forecast, by Tow Size
11.2.5.3. Market Revenue and Volume Forecast, by Application
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Raw Material
11.2.6.2. Market Revenue and Volume Forecast, by Tow Size
11.2.6.3. Market Revenue and Volume Forecast, by Application
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Raw Material
11.2.7.2. Market Revenue and Volume Forecast, by Tow Size
11.2.7.3. Market Revenue and Volume Forecast, by Application
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Raw Material
11.3.2. Market Revenue and Volume Forecast, by Tow Size
11.3.3. Market Revenue and Volume Forecast, by Application
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Raw Material
11.3.4.2. Market Revenue and Volume Forecast, by Tow Size
11.3.4.3. Market Revenue and Volume Forecast, by Application
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Raw Material
11.3.5.2. Market Revenue and Volume Forecast, by Tow Size
11.3.5.3. Market Revenue and Volume Forecast, by Application
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Raw Material
11.3.6.2. Market Revenue and Volume Forecast, by Tow Size
11.3.6.3. Market Revenue and Volume Forecast, by Application
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Raw Material
11.3.7.2. Market Revenue and Volume Forecast, by Tow Size
11.3.7.3. Market Revenue and Volume Forecast, by Application
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Raw Material
11.4.2. Market Revenue and Volume Forecast, by Tow Size
11.4.3. Market Revenue and Volume Forecast, by Application
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Raw Material
11.4.4.2. Market Revenue and Volume Forecast, by Tow Size
11.4.4.3. Market Revenue and Volume Forecast, by Application
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Raw Material
11.4.5.2. Market Revenue and Volume Forecast, by Tow Size
11.4.5.3. Market Revenue and Volume Forecast, by Application
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Raw Material
11.4.6.2. Market Revenue and Volume Forecast, by Tow Size
11.4.6.3. Market Revenue and Volume Forecast, by Application
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Raw Material
11.4.7.2. Market Revenue and Volume Forecast, by Tow Size
11.4.7.3. Market Revenue and Volume Forecast, by Application
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Raw Material
11.5.2. Market Revenue and Volume Forecast, by Tow Size
11.5.3. Market Revenue and Volume Forecast, by Application
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Raw Material
11.5.4.2. Market Revenue and Volume Forecast, by Tow Size
11.5.4.3. Market Revenue and Volume Forecast, by Application
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Raw Material
11.5.5.2. Market Revenue and Volume Forecast, by Tow Size
11.5.5.3. Market Revenue and Volume Forecast, by Application
12.1. Toray Industries Inc. (Japan)
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. SGL Group (Germany)
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Hexcel Corporation (U.S.)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Mitsubishi Rayon Co. Ltd. (Japan)
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Teijin Limited (Japan)
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Plastics Corporation (Taiwan)
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Solvay (Belgium)
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Jiangsu Hengshen Co. Ltd. (China)
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Hyosung (South Korea),
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. BASF SE
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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