Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market (2025-2031) Outlook | Companies, Revenue, Share, Industry, Trends, Size, Forecast, Value, Growth & Analysis

Market Forecast By Source (Virgin, Recycled), By Precursor (PAN, Pitch, Rayon), By Resin (Thermosetting, Thermoplastic), By End-use Industry (Aerospace & Defense, Wind Energy, Automotive, Sporting Goods, Civil Engineering, Pipe & Tank, Marine), By Manufacturing Process (Lay-up, Resin Transfer Molding, Filament Winding, Compression Molding, Injection Molding, Pultrusion, Others) And Competitive Landscape
Product Code: ETC4499786 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market: Import Trend Analysis

Thailand import trend for carbon fiber and carbon fiber reinforced plastic market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -88.46% from 2020 to 2024. This sharp decrease in imports could be attributed to various factors such as shifting demand dynamics or market instability, impacting the trade performance in this sector.

Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Synopsis

Carbon fiber and carbon fiber-reinforced plastics (CFRP) are crucial in high-performance applications across industries such as aerospace, automotive, and sporting goods. The Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market are expanding as industries seek lightweight and strong materials to enhance their products. The versatility and superior properties of carbon fiber and CFRP make them integral to innovation and competitiveness.

Drivers of the Market

The Carbon Fiber and Carbon Fiber Reinforced Plastic (CFRP) market in Thailand are witnessing significant growth, driven by the increasing demand for lightweight and high-strength materials in aerospace, automotive, and sporting goods applications. Carbon fiber, known for its exceptional strength-to-weight ratio, is gaining prominence for its role in manufacturing CFRP composites. The growth of the aerospace and automotive industries, the rising trend of lightweighting, and the need for fuel-efficient transportation in Thailand are contributing to the adoption of carbon fiber and CFRP. Moreover, the focus on material efficiency and the advancements in carbon fiber production technologies are further propelling the positive trajectory of the carbon fiber and CFRP market.

Challenges of the Market

The Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic market face challenges related to cost competitiveness and application diversification. While carbon fiber offers high strength and lightweight properties, the high production costs can be a deterrent for widespread adoption. Furthermore, diversifying applications beyond aerospace and high-end industries requires overcoming cost barriers. Developing cost-effective manufacturing processes and identifying new market opportunities are key challenges for sustained growth.

COVID-19 Impact on the Market

The Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic (CFRP) market witnessed significant shifts during the COVID-19 pandemic, reflecting changes in demand across industries such as automotive, aerospace, and sports equipment. While there were disruptions in the supply chain, the market demonstrated resilience, driven by the continued adoption of lightweight and high-strength materials. Post-pandemic, the Thailand CFRP market is poised for growth as industries prioritize fuel efficiency, sustainability, and performance. The versatile applications of carbon fiber and CFRP, coupled with ongoing technological advancements, position them as key contributors to Thailand evolving composite materials landscape.

Key Players in the Market

In the Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, major players have played a pivotal role in shaping the industry landscape. Key participants in this market include Thai Carbon Fiber Company, CarbonThai Group, Composite Technology Team, and Advanced Composite Materials.

Key Highlights of the Report:

  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Outlook
  • Market Size of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, 2024
  • Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, 2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Revenues & Volume for the Period 2021-2031
  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Trend Evolution
  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Drivers and Challenges
  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Price Trends
  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Porter's Five Forces
  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Industry Life Cycle
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Virgin for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Recycled for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Precursor for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By PAN for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pitch for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Rayon for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Resin for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Thermosetting for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Thermoplastic for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By End-use Industry for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Aerospace & Defense for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Wind Energy for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Sporting Goods for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Civil Engineering for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pipe & Tank for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Marine for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Manufacturing Process for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Lay-up for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Resin Transfer Molding for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Filament Winding for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Compression Molding for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Injection Molding for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pultrusion for the Period 2021-2031
  • Historical Data and Forecast of Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Others for the Period 2021-2031
  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Import Export Trade Statistics
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Precursor
  • Market Opportunity Assessment By Resin
  • Market Opportunity Assessment By End-use Industry
  • Market Opportunity Assessment By Manufacturing Process
  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Top Companies Market Share
  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Company Profiles
  • Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Key Strategic Recommendations

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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 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Industry Life Cycle

3.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Porter's Five Forces

3.5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Source, 2021 & 2031F

3.6 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Precursor, 2021 & 2031F

3.7 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Resin, 2021 & 2031F

3.8 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F

3.9 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F

4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries

4.2.2 Growing awareness about the benefits of carbon fiber composites in various applications

4.2.3 Government initiatives to promote the use of carbon fiber in manufacturing processes

4.3 Market Restraints

4.3.1 High cost of production and raw materials for carbon fiber and carbon fiber reinforced plastic

4.3.2 Limited availability of skilled labor for manufacturing and processing carbon fiber composites

4.3.3 Lack of standardized regulations and guidelines for the use of carbon fiber in different industries

5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Trends

6 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Types

6.1 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Source

6.1.1 Overview and Analysis

6.1.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Source, 2021-2031F

6.1.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Virgin, 2021-2031F

6.1.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Recycled, 2021-2031F

6.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Precursor

6.2.1 Overview and Analysis

6.2.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By PAN, 2021-2031F

6.2.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Pitch, 2021-2031F

6.2.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Rayon, 2021-2031F

6.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Resin

6.3.1 Overview and Analysis

6.3.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Thermosetting, 2021-2031F

6.3.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Thermoplastic, 2021-2031F

6.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By End-use Industry

6.4.1 Overview and Analysis

6.4.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Aerospace & Defense, 2021-2031F

6.4.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Wind Energy, 2021-2031F

6.4.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Automotive, 2021-2031F

6.4.5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Sporting Goods, 2021-2031F

6.4.6 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Civil Engineering, 2021-2031F

6.4.7 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Pipe & Tank, 2021-2031F

6.5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market, By Manufacturing Process

6.5.1 Overview and Analysis

6.5.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Lay-up, 2021-2031F

6.5.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F

6.5.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Filament Winding, 2021-2031F

6.5.5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Compression Molding, 2021-2031F

6.5.6 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Injection Molding, 2021-2031F

6.5.7 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume, By Pultrusion, 2021-2031F

7 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Import-Export Trade Statistics

7.1 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Export to Major Countries

7.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Imports from Major Countries

8 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Key Performance Indicators

8.1 Research and development investment in carbon fiber technology

8.2 Adoption rate of carbon fiber in new applications and industries

8.3 Carbon fiber recycling rate

8.4 Technological advancements in carbon fiber manufacturing processes

9 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Opportunity Assessment

9.1 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Source, 2021 & 2031F

9.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Precursor, 2021 & 2031F

9.3 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Resin, 2021 & 2031F

9.4 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By End-use Industry, 2021 & 2031F

9.5 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F

10 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Competitive Landscape

10.1 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenue Share, By Companies, 2024

10.2 Thailand Carbon Fiber and Carbon Fiber Reinforced Plastic Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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