| Product Code: ETC13382850 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Carbon Fibre Market was valued at USD 4400 Billion in 2024 and is expected to reach USD 7200 Billion by 2031, growing at a compound annual growth rate of 6.80% during the forecast period (2025-2031).
The global carbon fiber market is experiencing significant growth driven by increasing demand from various industries such as aerospace, automotive, and wind energy. Carbon fiber`s lightweight, high strength, and corrosion resistance properties make it a preferred material for improving fuel efficiency and performance in these sectors. The market is also benefiting from technological advancements leading to cost reduction and enhanced production capabilities. The Asia-Pacific region is a key player in the market, with growing investments in infrastructure and automotive industries. However, challenges like high production costs and limited recycling options hinder market growth. Overall, the global carbon fiber market is projected to continue expanding, driven by the increasing adoption of carbon fiber composites in various applications.
The Global Carbon Fibre Market is experiencing significant growth due to the increasing demand for lightweight and high-strength materials in various industries such as aerospace, automotive, and sports equipment. The market is driven by the rising focus on fuel efficiency and emission reduction in the transportation sector, as well as the growing adoption of carbon fibre composites in wind energy applications. Opportunities in the market include the development of advanced manufacturing techniques to reduce production costs, the expansion of applications into new sectors such as construction and infrastructure, and the increasing use of carbon fibre in electric vehicles for improved performance and range. Overall, the global carbon fibre market is poised for continued expansion as industries continue to prioritize sustainability and performance.
The Global Carbon Fibre Market faces several challenges, including high production costs due to the complex manufacturing process and expensive raw materials. The limited availability of high-quality precursor materials, such as polyacrylonitrile (PAN), also contributes to the high cost of carbon fiber production. Additionally, the lack of widespread awareness and understanding of the benefits of carbon fiber in various industries hinders its adoption on a larger scale. Moreover, competition from alternative materials like fiberglass and aramid fiber poses a challenge in certain applications where carbon fiber could be substituted. Addressing these challenges through technological advancements in production processes, increasing the availability of cost-effective precursor materials, and educating end-users about the advantages of carbon fiber could help drive growth in the Global Carbon Fibre Market.
The global carbon fiber market is primarily driven by the increasing demand from industries such as aerospace, automotive, and wind energy due to the material`s superior properties such as high strength-to-weight ratio, corrosion resistance, and thermal conductivity. Additionally, the growing emphasis on fuel efficiency and environmental sustainability is boosting the adoption of carbon fiber in lightweight vehicle components and renewable energy applications. Technological advancements in carbon fiber production processes are also driving market growth by making the material more cost-effective and accessible for a wider range of industries. Moreover, the expanding use of carbon fiber in sports and leisure equipment, as well as in the construction sector, is further contributing to the market`s expansion.
Government policies aimed at reducing carbon emissions and promoting sustainable practices have been impacting the global carbon fibre market. Initiatives such as carbon pricing mechanisms, emission reduction targets, and regulations promoting the use of lightweight materials are driving the demand for carbon fibre in various industries including automotive, aerospace, and renewable energy. Additionally, government support through funding for research and development projects focused on advancing carbon fibre technology and manufacturing processes is expected to further boost market growth. Furthermore, policies promoting the circular economy and recycling of carbon fibre waste are being implemented to address environmental concerns associated with the production and disposal of carbon fibre materials. Overall, government policies are playing a significant role in shaping the future of the global carbon fibre market.
The Global Carbon Fibre Market is anticipated to witness significant growth in the coming years due to increasing demand across various industries such as automotive, aerospace, and wind energy. The market is expected to be driven by factors like the lightweight and high-strength properties of carbon fiber, leading to its adoption in the manufacturing of lightweight vehicles and aircraft, as well as for improving fuel efficiency and reducing emissions. Technological advancements in production processes and the development of new applications such as in the construction and sports industries are also expected to contribute to market growth. However, challenges related to high manufacturing costs and limited recycling options may pose constraints to the market`s expansion. Overall, the Global Carbon Fibre Market is poised for substantial growth in the foreseeable future.
In the global carbon fiber market, Asia-Pacific is expected to witness significant growth driven by the increasing demand from industries such as aerospace, automotive, and wind energy in countries like China, Japan, and India. North America is also a key market due to the presence of major carbon fiber manufacturers and the growing adoption of lightweight materials in the automotive and defense sectors. Europe is another prominent region with a strong focus on sustainable practices, leading to a rise in the use of carbon fiber in industries like construction and sports equipment. The Middle East and Africa region is anticipated to experience steady growth, supported by investments in infrastructure development. Latin America is showing potential for market growth, mainly driven by the automotive industry`s shift towards lightweight materials for improved fuel efficiency.
Global Carbon Fibre Market |
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 Global Carbon Fibre Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Carbon Fibre Market Revenues & Volume, 2021 & 2031F |
3.3 Global Carbon Fibre Market - Industry Life Cycle |
3.4 Global Carbon Fibre Market - Porter's Five Forces |
3.5 Global Carbon Fibre Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Carbon Fibre Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 Global Carbon Fibre Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Global Carbon Fibre Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.9 Global Carbon Fibre Market Revenues & Volume Share, By Modulus, 2021 & 2031F |
3.10 Global Carbon Fibre Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.11 Global Carbon Fibre Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Global Carbon Fibre Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Carbon Fibre Market Trends |
6 Global Carbon Fibre Market, 2021 - 2031 |
6.1 Global Carbon Fibre Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Carbon Fibre Market, Revenues & Volume, By Pan“based Carbon Fiber, 2021 - 2031 |
6.1.3 Global Carbon Fibre Market, Revenues & Volume, By Pitch“based Carbon Fiber, 2021 - 2031 |
6.2 Global Carbon Fibre Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Carbon Fibre Market, Revenues & Volume, By Continuous Carbon Fiber, 2021 - 2031 |
6.2.3 Global Carbon Fibre Market, Revenues & Volume, By Long Carbon Fiber, 2021 - 2031 |
6.2.4 Global Carbon Fibre Market, Revenues & Volume, By Short Carbon Fiber, 2021 - 2031 |
6.3 Global Carbon Fibre Market, Revenues & Volume, By Fiber Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Carbon Fibre Market, Revenues & Volume, By Virgin Carbon Fiber, 2021 - 2031 |
6.3.3 Global Carbon Fibre Market, Revenues & Volume, By Recycled Carbon Fiber, 2021 - 2031 |
6.4 Global Carbon Fibre Market, Revenues & Volume, By Modulus, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Carbon Fibre Market, Revenues & Volume, By Standard Modulus, 2021 - 2031 |
6.4.3 Global Carbon Fibre Market, Revenues & Volume, By Intermediate Modulus, 2021 - 2031 |
6.4.4 Global Carbon Fibre Market, Revenues & Volume, By High Modulus, 2021 - 2031 |
6.5 Global Carbon Fibre Market, Revenues & Volume, By Application, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Carbon Fibre Market, Revenues & Volume, By Composite, 2021 - 2031 |
6.5.3 Global Carbon Fibre Market, Revenues & Volume, By Non-composite, 2021 - 2031 |
6.6 Global Carbon Fibre Market, Revenues & Volume, By End-use, 2021 - 2031 |
6.6.1 Overview & Analysis |
6.6.2 Global Carbon Fibre Market, Revenues & Volume, By Aerospace & Defense, 2021 - 2031 |
6.6.3 Global Carbon Fibre Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.6.4 Global Carbon Fibre Market, Revenues & Volume, By Wind Energy, 2021 - 2031 |
6.6.5 Global Carbon Fibre Market, Revenues & Volume, By Sporting Goods, 2021 - 2031 |
6.6.6 Global Carbon Fibre Market, Revenues & Volume, By Electrical & Electronics, 2021 - 2031 |
6.6.7 Global Carbon Fibre Market, Revenues & Volume, By Civil Engineering, 2021 - 2031 |
6.6.8 Global Carbon Fibre Market, Revenues & Volume, By Pipe & Tank, 2021 - 2031 |
6.6.9 Global Carbon Fibre Market, Revenues & Volume, By Marine, 2021 - 2031 |
7 North America Carbon Fibre Market, Overview & Analysis |
7.1 North America Carbon Fibre Market Revenues & Volume, 2021 - 2031 |
7.2 North America Carbon Fibre Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Carbon Fibre Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
7.4 North America Carbon Fibre Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.5 North America Carbon Fibre Market, Revenues & Volume, By Fiber Type, 2021 - 2031 |
7.6 North America Carbon Fibre Market, Revenues & Volume, By Modulus, 2021 - 2031 |
7.7 North America Carbon Fibre Market, Revenues & Volume, By Application, 2021 - 2031 |
7.8 North America Carbon Fibre Market, Revenues & Volume, By End-use, 2021 - 2031 |
8 Latin America (LATAM) Carbon Fibre Market, Overview & Analysis |
8.1 Latin America (LATAM) Carbon Fibre Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Carbon Fibre Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Carbon Fibre Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
8.4 Latin America (LATAM) Carbon Fibre Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.5 Latin America (LATAM) Carbon Fibre Market, Revenues & Volume, By Fiber Type, 2021 - 2031 |
8.6 Latin America (LATAM) Carbon Fibre Market, Revenues & Volume, By Modulus, 2021 - 2031 |
8.7 Latin America (LATAM) Carbon Fibre Market, Revenues & Volume, By Application, 2021 - 2031 |
8.8 Latin America (LATAM) Carbon Fibre Market, Revenues & Volume, By End-use, 2021 - 2031 |
9 Asia Carbon Fibre Market, Overview & Analysis |
9.1 Asia Carbon Fibre Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Carbon Fibre Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Carbon Fibre Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
9.4 Asia Carbon Fibre Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.5 Asia Carbon Fibre Market, Revenues & Volume, By Fiber Type, 2021 - 2031 |
9.6 Asia Carbon Fibre Market, Revenues & Volume, By Modulus, 2021 - 2031 |
9.7 Asia Carbon Fibre Market, Revenues & Volume, By Application, 2021 - 2031 |
9.8 Asia Carbon Fibre Market, Revenues & Volume, By End-use, 2021 - 2031 |
10 Africa Carbon Fibre Market, Overview & Analysis |
10.1 Africa Carbon Fibre Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Carbon Fibre Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Carbon Fibre Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
10.4 Africa Carbon Fibre Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.5 Africa Carbon Fibre Market, Revenues & Volume, By Fiber Type, 2021 - 2031 |
10.6 Africa Carbon Fibre Market, Revenues & Volume, By Modulus, 2021 - 2031 |
10.7 Africa Carbon Fibre Market, Revenues & Volume, By Application, 2021 - 2031 |
10.8 Africa Carbon Fibre Market, Revenues & Volume, By End-use, 2021 - 2031 |
11 Europe Carbon Fibre Market, Overview & Analysis |
11.1 Europe Carbon Fibre Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Carbon Fibre Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Carbon Fibre Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
11.4 Europe Carbon Fibre Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.5 Europe Carbon Fibre Market, Revenues & Volume, By Fiber Type, 2021 - 2031 |
11.6 Europe Carbon Fibre Market, Revenues & Volume, By Modulus, 2021 - 2031 |
11.7 Europe Carbon Fibre Market, Revenues & Volume, By Application, 2021 - 2031 |
11.8 Europe Carbon Fibre Market, Revenues & Volume, By End-use, 2021 - 2031 |
12 Middle East Carbon Fibre Market, Overview & Analysis |
12.1 Middle East Carbon Fibre Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Carbon Fibre Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Carbon Fibre Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Carbon Fibre Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
12.4 Middle East Carbon Fibre Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.5 Middle East Carbon Fibre Market, Revenues & Volume, By Fiber Type, 2021 - 2031 |
12.6 Middle East Carbon Fibre Market, Revenues & Volume, By Modulus, 2021 - 2031 |
12.7 Middle East Carbon Fibre Market, Revenues & Volume, By Application, 2021 - 2031 |
12.8 Middle East Carbon Fibre Market, Revenues & Volume, By End-use, 2021 - 2031 |
13 Global Carbon Fibre Market Key Performance Indicators |
14 Global Carbon Fibre Market - Export/Import By Countries Assessment |
15 Global Carbon Fibre Market - Opportunity Assessment |
15.1 Global Carbon Fibre Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Carbon Fibre Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
15.3 Global Carbon Fibre Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.4 Global Carbon Fibre Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
15.5 Global Carbon Fibre Market Opportunity Assessment, By Modulus, 2021 & 2031F |
15.6 Global Carbon Fibre Market Opportunity Assessment, By Application, 2021 & 2031F |
15.7 Global Carbon Fibre Market Opportunity Assessment, By End-use, 2021 & 2031F |
16 Global Carbon Fibre Market - Competitive Landscape |
16.1 Global Carbon Fibre Market Revenue Share, By Companies, 2024 |
16.2 Global Carbon Fibre Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |