Market Forecast By Raw Material (Pan“based Carbon Fiber, Pitch“based Carbon Fiber), By Product Type (Continuous Carbon Fiber, Long Carbon Fiber, Short Carbon Fiber), By Fiber Type (Virgin Carbon Fiber, Recycled Carbon Fiber), By Modulus (Standard Modulus, Intermediate Modulus, High Modulus), By Application (Composite, Non-composite), By End-use (Aerospace & Defense, Automotive, Wind Energy, Sporting Goods, Electrical & Electronics, Civil Engineering, Pipe & Tank, Marine) And Competitive Landscape
| Product Code: ETC317192 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
| Report Name | Bangladesh Carbon Fibre Market |
| Forecast Period | 2025-2031 |
| CAGR | 8.5% |
| Growing Sectors | Aerospace and Defense |
Bangladesh Carbon Fibre Market report thoroughly covers the market by raw Material, By Product Type, By Fiber Type, By Modulus, By Application and By End-Use. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh carbon fibre market is expected to continue growing at a steady pace in the coming years. This can be attributed to several factors, including increasing demand for lightweight and durable materials in various industries such as aerospace, automotive, construction, and sporting goods.
According to 6Wresearch, the Bangladesh Carbon Fibre Market is projected to witness a CAGR of 8.5% during the forecast period of 2025-2031. The burgeoning aerospace and defense industries demand high-strength, lightweight materials for advanced applications, significantly fueling the need for carbon fiber prepregs. The automotive industry's shift towards electric vehicles also presents a substantial market opportunity, as carbon fiber components can reduce vehicle weight, enhancing efficiency and performance. Additionally, the government's focus on infrastructure development and modernization provides a steady demand for carbon fiber in construction applications. Trends shaping the future of the Bangladesh Carbon Fibre industry include technological advancements aimed at reducing production costs and improving material properties. There is an increasing interest in green composites, driven by global environmental sustainability trends, which may see carbon fiber combined with renewable materials. The industry is also witnessing a shift towards automation and digital transformation, optimizing production and opening up new application areas such as wind energy and sporting goods.
The carbon fibre market in Bangladesh is still in its early stages, but it has been steadily growing over the past few years. Some of the leading players in this emerging market include Hexcel Corporation, Toray Industries Inc., and Teijin Limited. These companies are known for their advanced technologies and high-quality carbon fibre products.
The government of Bangladesh has been taking active steps to promote sustainable development and reduce the country's carbon footprint. The government launched a National Strategy for Sustainable Development Goals (SDGs) which aims to achieve economic and social development while protecting the environment. As part of this strategy, the government has been implementing various initiatives to support the growth of the carbon fibre industry in Bangladesh. This includes providing subsidies for renewable energy projects, promoting research and development in green technology, and encouraging foreign investment in the sector.
The Bangladesh carbon fibre market growth looks promising with increasing government support and growing demand for sustainable materials. The country's strong agricultural industry and growing manufacturing sector are also expected to contribute to the market's growth. In addition, the rising awareness about the benefits of carbon fibre, such as its lightweight and high strength properties, is likely to drive its adoption in various industries including automotive, aerospace, and construction. The use of carbon fibre can also help reduce greenhouse gas emissions and improve energy efficiency, making it an attractive choice for industries looking to reduce their environmental impact.
According to Nitesh, Research Manager, 6Wresearch, Pan-based carbon fibre is the most commonly used raw material, accounting for a majority share in the Bangladesh market. It is known for its high strength and stiffness, making it suitable for applications in aerospace, automotive, and sporting goods industries.
Continuous carbon fibre is the most popular type in Bangladesh, driven by its uniform and uninterrupted structure. It is widely used in high-performance applications that require high strength and stiffness, such as aerospace and defense.
In Bangladesh, the aerospace and defense sector is the largest consumer of carbon fibre. The country has seen significant growth in the number of domestic and international airlines, leading to an increased demand for lightweight materials.
The report offers a comprehensive study of the subsequent market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Bangladesh Carbon Fibre Market Overview |
| 3.1 Bangladesh Country Macro Economic Indicators |
| 3.2 Bangladesh Carbon Fibre Market Revenues & Volume, 2021 & 2031F |
| 3.3 Bangladesh Carbon Fibre Market - Industry Life Cycle |
| 3.4 Bangladesh Carbon Fibre Market - Porter's Five Forces |
| 3.5 Bangladesh Carbon Fibre Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
| 3.6 Bangladesh Carbon Fibre Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
| 3.7 Bangladesh Carbon Fibre Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
| 3.8 Bangladesh Carbon Fibre Market Revenues & Volume Share, By Modulus, 2021 & 2031F |
| 3.9 Bangladesh Carbon Fibre Market Revenues & Volume Share, By Application, 2021 & 2031F |
| 3.10 Bangladesh Carbon Fibre Market Revenues & Volume Share, By End-use, 2021 & 2031F |
| 4 Bangladesh Carbon Fibre Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing demand for lightweight and high-strength materials in industries such as automotive, aerospace, and defense. |
| 4.2.2 Growing awareness about the benefits of carbon fiber composites in terms of fuel efficiency and performance. |
| 4.2.3 Government initiatives promoting the use of carbon fiber in various applications. |
| 4.3 Market Restraints |
| 4.3.1 High initial investment required for setting up carbon fiber manufacturing facilities. |
| 4.3.2 Limited availability of raw materials for carbon fiber production. |
| 4.3.3 Lack of skilled workforce with expertise in carbon fiber technology. |
| 5 Bangladesh Carbon Fibre Market Trends |
| 6 Bangladesh Carbon Fibre Market, By Types |
| 6.1 Bangladesh Carbon Fibre Market, By Raw Material |
| 6.1.1 Overview and Analysis |
| 6.1.2 Bangladesh Carbon Fibre Market Revenues & Volume, By Raw Material, 2021 - 2031F |
| 6.1.3 Bangladesh Carbon Fibre Market Revenues & Volume, By Pan??based Carbon Fiber, 2021 - 2031F |
| 6.1.4 Bangladesh Carbon Fibre Market Revenues & Volume, By Pitch??based Carbon Fiber, 2021 - 2031F |
| 6.2 Bangladesh Carbon Fibre Market, By Product Type |
| 6.2.1 Overview and Analysis |
| 6.2.2 Bangladesh Carbon Fibre Market Revenues & Volume, By Continuous Carbon Fiber, 2021 - 2031F |
| 6.2.3 Bangladesh Carbon Fibre Market Revenues & Volume, By Long Carbon Fiber, 2021 - 2031F |
| 6.2.4 Bangladesh Carbon Fibre Market Revenues & Volume, By Short Carbon Fiber, 2021 - 2031F |
| 6.3 Bangladesh Carbon Fibre Market, By Fiber Type |
| 6.3.1 Overview and Analysis |
| 6.3.2 Bangladesh Carbon Fibre Market Revenues & Volume, By Virgin Carbon Fiber, 2021 - 2031F |
| 6.3.3 Bangladesh Carbon Fibre Market Revenues & Volume, By Recycled Carbon Fiber, 2021 - 2031F |
| 6.4 Bangladesh Carbon Fibre Market, By Modulus |
| 6.4.1 Overview and Analysis |
| 6.4.2 Bangladesh Carbon Fibre Market Revenues & Volume, By Standard Modulus, 2021 - 2031F |
| 6.4.3 Bangladesh Carbon Fibre Market Revenues & Volume, By Intermediate Modulus, 2021 - 2031F |
| 6.4.4 Bangladesh Carbon Fibre Market Revenues & Volume, By High Modulus, 2021 - 2031F |
| 6.5 Bangladesh Carbon Fibre Market, By Application |
| 6.5.1 Overview and Analysis |
| 6.5.2 Bangladesh Carbon Fibre Market Revenues & Volume, By Composite, 2021 - 2031F |
| 6.5.3 Bangladesh Carbon Fibre Market Revenues & Volume, By Non-composite, 2021 - 2031F |
| 6.6 Bangladesh Carbon Fibre Market, By End-use |
| 6.6.1 Overview and Analysis |
| 6.6.2 Bangladesh Carbon Fibre Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
| 6.6.3 Bangladesh Carbon Fibre Market Revenues & Volume, By Automotive, 2021 - 2031F |
| 6.6.4 Bangladesh Carbon Fibre Market Revenues & Volume, By Wind Energy, 2021 - 2031F |
| 6.6.5 Bangladesh Carbon Fibre Market Revenues & Volume, By Sporting Goods, 2021 - 2031F |
| 6.6.6 Bangladesh Carbon Fibre Market Revenues & Volume, By Electrical & Electronics, 2021 - 2031F |
| 6.6.7 Bangladesh Carbon Fibre Market Revenues & Volume, By Civil Engineering, 2021 - 2031F |
| 6.6.8 Bangladesh Carbon Fibre Market Revenues & Volume, By Marine, 2021 - 2031F |
| 6.6.9 Bangladesh Carbon Fibre Market Revenues & Volume, By Marine, 2021 - 2031F |
| 7 Bangladesh Carbon Fibre Market Import-Export Trade Statistics |
| 7.1 Bangladesh Carbon Fibre Market Export to Major Countries |
| 7.2 Bangladesh Carbon Fibre Market Imports from Major Countries |
| 8 Bangladesh Carbon Fibre Market Key Performance Indicators |
| 8.1 Research and development investment in carbon fiber technology advancements. |
| 8.2 Number of partnerships and collaborations in the carbon fiber industry. |
| 8.3 Adoption rate of carbon fiber in new applications. |
| 8.4 Rate of technology transfer and knowledge sharing in the carbon fiber market. |
| 8.5 Number of patents filed for carbon fiber innovations. |
| 9 Bangladesh Carbon Fibre Market - Opportunity Assessment |
| 9.1 Bangladesh Carbon Fibre Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
| 9.2 Bangladesh Carbon Fibre Market Opportunity Assessment, By Product Type, 2021 & 2031F |
| 9.3 Bangladesh Carbon Fibre Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
| 9.4 Bangladesh Carbon Fibre Market Opportunity Assessment, By Modulus, 2021 & 2031F |
| 9.5 Bangladesh Carbon Fibre Market Opportunity Assessment, By Application, 2021 & 2031F |
| 9.6 Bangladesh Carbon Fibre Market Opportunity Assessment, By End-use, 2021 & 2031F |
| 10 Bangladesh Carbon Fibre Market - Competitive Landscape |
| 10.1 Bangladesh Carbon Fibre Market Revenue Share, By Companies, 2024 |
| 10.2 Bangladesh Carbon Fibre Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |