Global Carbon Fiber Composites
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Carbon Fiber Composites Market Report 2025.
According to Cognitive Market Research, the Global Carbon Fiber Composite Market Size was USD XX Billion in 2024 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2033.
North America held largest share of XX% in the year 2024
Europe held share of XX% in the year 2024
Asia-Pacific held significant share of XX% in the year 2024
South America held significant share of XX% in the year 2024
Middle East and Africa held significant share of XX% in the year 2024
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Carbon Fiber Composites Market Sales Revenue | $ 18750.4 Million | $ 23879 Million | $ 38728.1 Million | 6.231% |
North America Carbon Fiber Composites Market Sales Revenue | $ 6956.41 Million | $ 8596.44 Million | $ 13090.1 Million | 5.397% |
United States Carbon Fiber Composites Market Sales Revenue | $ 5426 Million | $ 6627.85 Million | $ 9830.67 Million | 5.051% |
Canada Carbon Fiber Composites Market Sales Revenue | $ 911.289 Million | $ 1186.31 Million | $ 1989.7 Million | 6.678% |
Mexico Carbon Fiber Composites Market Sales Revenue | $ 619.12 Million | $ 782.276 Million | $ 1269.74 Million | 6.242% |
Europe Carbon Fiber Composites Market Sales Revenue | $ 5231.37 Million | $ 6566.73 Million | $ 10301.7 Million | 5.79% |
United Kingdom Carbon Fiber Composites Market Sales Revenue | $ 868.407 Million | $ 1142.61 Million | $ 1977.92 Million | 7.1% |
Germany Carbon Fiber Composites Market Sales Revenue | $ 1156.13 Million | $ 1497.21 Million | $ 2493.01 Million | 6.581% |
France Carbon Fiber Composites Market Sales Revenue | $ 481.286 Million | $ 604.139 Million | $ 958.056 Million | 5.933% |
Italy Carbon Fiber Composites Market Sales Revenue | $ 444.666 Million | $ 564.738 Million | $ 916.849 Million | 6.244% |
Russia Carbon Fiber Composites Market Sales Revenue | $ 784.705 Million | $ 952.175 Million | $ 1380.42 Million | 4.752% |
Spain Carbon Fiber Composites Market Sales Revenue | $ 360.964 Million | $ 439.971 Million | $ 649.006 Million | 4.979% |
Sweden Carbon Fiber Composites Market Sales Revenue | $ 245.874 Million | $ 295.503 Million | $ 442.972 Million | 5.191% |
Denmark Carbon Fiber Composites Market Sales Revenue | $ 298.188 Million | $ 361.17 Million | $ 504.782 Million | 4.274% |
Switzerland Carbon Fiber Composites Market Sales Revenue | $ 219.717 Million | $ 256.102 Million | $ 350.257 Million | 3.991% |
Luxembourg Carbon Fiber Composites Market Sales Revenue | $ 115.09 Million | $ 137.901 Million | $ 185.43 Million | 3.771% |
Rest of Europe Carbon Fiber Composites Market Sales Revenue | $ 256.337 Million | $ 315.203 Million | $ 442.972 Million | 4.345% |
Asia Pacific Carbon Fiber Composites Market Sales Revenue | $ 3862.59 Million | $ 5229.5 Million | $ 9488.39 Million | 7.731% |
China Carbon Fiber Composites Market Sales Revenue | $ 1541.17 Million | $ 2107.49 Million | $ 3833.31 Million | 7.765% |
Japan Carbon Fiber Composites Market Sales Revenue | $ 637.327 Million | $ 831.491 Million | $ 1413.77 Million | 6.86% |
India Carbon Fiber Composites Market Sales Revenue | $ 475.098 Million | $ 695.524 Million | $ 1470.7 Million | 9.812% |
South Korea Carbon Fiber Composites Market Sales Revenue | $ 382.396 Million | $ 502.032 Million | $ 863.443 Million | 7.013% |
Australia Carbon Fiber Composites Market Sales Revenue | $ 227.893 Million | $ 324.229 Million | $ 645.21 Million | 8.982% |
Singapore Carbon Fiber Composites Market Sales Revenue | $ 139.053 Million | $ 177.803 Million | $ 294.14 Million | 6.494% |
South East Asia Carbon Fiber Composites Market Sales Revenue | $ 181.542 Million | $ 240.557 Million | $ 408.001 Million | 6.827% |
Taiwan Carbon Fiber Composites Market Sales Revenue | $ 127.465 Million | $ 162.115 Million | $ 275.163 Million | 6.837% |
Rest of APAC Carbon Fiber Composites Market Sales Revenue | $ 150.641 Million | $ 188.262 Million | $ 284.652 Million | 5.304% |
South America Carbon Fiber Composites Market Sales Revenue | $ 1293.78 Million | $ 1671.53 Million | $ 2788.42 Million | 6.606% |
Brazil Carbon Fiber Composites Market Sales Revenue | $ 500.693 Million | $ 660.254 Million | $ 1140.47 Million | 7.071% |
Argentina Carbon Fiber Composites Market Sales Revenue | $ 232.88 Million | $ 309.233 Million | $ 540.954 Million | 7.241% |
Colombia Carbon Fiber Composites Market Sales Revenue | $ 129.378 Million | $ 162.138 Million | $ 256.535 Million | 5.903% |
Peru Carbon Fiber Composites Market Sales Revenue | $ 103.502 Million | $ 132.051 Million | $ 211.92 Million | 6.091% |
Chile Carbon Fiber Composites Market Sales Revenue | $ 95.7397 Million | $ 123.693 Million | $ 203.555 Million | 6.425% |
Rest of South America Carbon Fiber Composites Market Sales Revenue | $ 231.587 Million | $ 284.16 Million | $ 434.994 Million | 5.467% |
Middle East Carbon Fiber Composites Market Sales Revenue | $ 843.769 Million | $ 1050.68 Million | $ 1665.31 Million | 5.926% |
Saudi Arabia Carbon Fiber Composites Market Sales Revenue | $ 334.133 Million | $ 420.27 Million | $ 681.111 Million | 6.221% |
Turkey Carbon Fiber Composites Market Sales Revenue | $ 186.473 Million | $ 231.149 Million | $ 361.372 Million | 5.745% |
UAE Carbon Fiber Composites Market Sales Revenue | $ 111.378 Million | $ 146.044 Million | $ 256.457 Million | 7.292% |
Egypt Carbon Fiber Composites Market Sales Revenue | $ 92.8146 Million | $ 113.473 Million | $ 171.527 Million | 5.3% |
Qatar Carbon Fiber Composites Market Sales Revenue | $ 55.6888 Million | $ 65.1419 Million | $ 89.9267 Million | 4.113% |
Rest of Middle East Carbon Fiber Composites Market Sales Revenue | $ 63.2827 Million | $ 74.598 Million | $ 104.914 Million | 4.355% |
Africa Carbon Fiber Composites Market Sales Revenue | $ 562.513 Million | $ 764.128 Million | $ 1394.21 Million | 7.807% |
Nigeria Carbon Fiber Composites Market Sales Revenue | $ 147.941 Million | $ 206.315 Million | $ 395.956 Million | 8.49% |
South Africa Carbon Fiber Composites Market Sales Revenue | $ 222.755 Million | $ 295.717 Million | $ 511.676 Million | 7.094% |
Rest of Africa Carbon Fiber Composites Market Sales Revenue | $ 191.817 Million | $ 262.096 Million | $ 486.58 Million | 8.041% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
|
Market Split by Application |
|
Market Split by Matrix Material |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Market Drivers:
| |
Market Restrains:
|
Report scope is customizable as we have a huge database of Carbon Fiber Composites industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Carbon Fiber Composites Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Carbon Fiber Composite is a material embedded within a matrix, such as a polymer, metal, or carbon. It is widely used in different industries such as aerospace, automotive, and sports equipment. The carbon fiber composite market considered a niche market is going under transformation due to high-tech and high-value applications. This segment experiences demand in production capacity due to the demand for energy transition technologies and high-growth applications. Companies are taking initiatives for the use of carbon fiber in different segments. For instance, Mercedes planned to use sustainable carbon fiber composites for the first time in F1 in the 2025 car W16 to achieve performance and safety and reduce the carbon footprint of the car.
Also, the EV industry experiences significant growth and innovation due to increasing demand from consumers and government regulations to reduce carbon emissions. This industry transforms with the help of the integration of composites, and automation techniques such as Automated fiber placement, filament winding, Large Format Additive Manufacturing, and large format continuous fiber 3D printing in manufacturing processes. Fiber composites like Carbon Fiber Composite will provide combinations of lightweight, high strength, and design flexibility, that enhance vehicle performance, efficiency, and safety. Therefore, increasing demand for carbon fiber composites drives the growth in the Carbon Fiber Composite Market.
The price volatility of raw materials is a major issue in the carbon fiber composite market that may hamper the market. This volatility can be driven by supply chain disruptions like fluctuating availability of raw materials like polyacrylonitrile (PAN) and geopolitical events like war crises. Carbon fiber composites include raw materials like carbon, ceramic, polymer resins, and polyacrylonitrile (PAN).
For instance, the ceramic segment depends on gas supply for production, so it will face a crisis as a result of fluctuating prices of gas. Gas is one of the main raw materials of the ceramic industry as about 12% of the total production cost of ceramic products goes to gas. In 2022, gas prices were increased by 40% more in two phases, therefore, the latest 155% price hike in 2023 puts the users of ceramic in danger. Also, the freight charge increases caused by the Russia-Ukraine war negatively affect the supply chain and the production costs as well.
Therefore, volatility in raw material prices may hamper the growth of the Carbon Fiber Composite Market.
We have various report editions of Carbon Fiber Composites Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In order to meet the increasing demands of consumers the industry players are now investing and giving more attention to their research and development of the Carbon Fiber Composite Market to increase thermoplastic composites, increase the use of carbon fiber in 3D printing technologies, so that they sustain and survive in the competition.
For instance, Toray Group to Exhibit Next Generation Composite Technologies at JEC World 2025. Toray Group will showcase two booths -the main booth will focus on creating new value and sustainable future through technology and collaboration. These technologies include TORAYCA carbon fiber, advanced towpreg, high-performance thermoset composite materials, and Cetex thermoplastic composites.
(https://www.toray.com/global/news/article.html?contentId=m17nyael )
Top Companies Market Share in Carbon Fiber Composites Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Which Region dominates the Market in 2024?
According to Cognitive Market Research, the North America region dominated the market and accounted for the highest revenue of XX% in 2024 and it is projected that it will grow at a CAGR of XX% in the future. This growth is driven by some factors such as aerospace and defense industries, increasing adoption of lightweight materials in automotive, and government initiatives.
Which Region is Expanding at the Fastest CAGR?
Asia-Pacific is projected to grow at a CAGR of XX% over the period. This growth is supported by increasing demand in different industries such as aerospace, automotive, and wind energy, rising vehicle production, government support for renewable energy and defense applications, and sustainable and innovative construction practices.
The current report Scope analyzes Carbon Fiber Composites Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Carbon Fiber Composites Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Carbon Fiber Composites Industry growth. Carbon Fiber Composites market has been segmented with the help of its Type, Application Matrix Material, and others. Carbon Fiber Composites market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2021 to 2033. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Type of Carbon Fiber Composites analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Carbon Fiber Composites Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Carbon Fiber Composites Market.
Some of the key Application of Carbon Fiber Composites are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
The matrix material segment of the Carbon Fiber Composite Market includes Polymer, Carbon, Ceramics, Metal, and Hybrid.
According to Cognitive Market Research, based on matrix material, Polymer experiences significant growth in the market. Polymer matrix binds carbon fibers together and protects them. These polymer matrices include thermosets like epoxy and polyester and thermoplastics like nylon or polyamide. These polymers cure and harden the matrix. It has the ability to soften and harden by heating or cooling to ease the process and recycling. These polymers are used in different industries like aerospace, automotive, sports equipment, and consumer goods.
Carbon matrix material is a faster-growing segment in the market. It is a type of composite material where carbon fibers are embedded in the carbon matrix. These composites provide high strength and resistance to high temperatures. These matrices are used for different applications like thermal protection systems, aerospace structures, and brake systems.
Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Carbon Fiber Composites Market is witnessing significant growth in the near future.
In 2023, the Carbon Fiber-Resin Composite segment accounted for noticeable share of global Carbon Fiber Composites Market and is projected to experience significant growth in the near future.
The Aerospace segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Toray Industries , SGL Carbon and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Carbon Fiber-Resin Composite, Carbon Fiber-Metal Composite, Carbon Fiber-Ceramics Composite, Others |
Application | Aerospace, Automotive, Wind Turbines, Sports and Leisure, Civil Engineering, Marine, Others |
Matrix Material | Polymer, Carbon, Ceramics, Metal, Hybrid |
List of Competitors | Toray Industries, Hexcel Corporation, SGL Carbon, Solvay, Teijin Limited, Mitsubishi Chemical Group, Formosa Plastics, HS Hyosung Advanced Materials Corp, DowAksa, Nippon Graphite Fiber |
This chapter will help you gain GLOBAL Market Analysis of Carbon Fiber Composites. Further deep in this chapter, you will be able to review Global Carbon Fiber Composites Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Carbon Fiber Composites. Further deep in this chapter, you will be able to review North America Carbon Fiber Composites Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Carbon Fiber Composites. Further deep in this chapter, you will be able to review Europe Carbon Fiber Composites Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Carbon Fiber Composites. Further deep in this chapter, you will be able to review Asia Pacific Carbon Fiber Composites Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Carbon Fiber Composites. Further deep in this chapter, you will be able to review South America Carbon Fiber Composites Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Carbon Fiber Composites. Further deep in this chapter, you will be able to review Middle East Carbon Fiber Composites Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Carbon Fiber Composites. Further deep in this chapter, you will be able to review Middle East Carbon Fiber Composites Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Carbon Fiber Composites. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Matrix Material Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Carbon Fiber Composites market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Carbon Fiber-Resin Composite have a significant impact on Carbon Fiber Composites market? |
What are the key factors affecting the Carbon Fiber-Resin Composite and Carbon Fiber-Metal Composite of Carbon Fiber Composites Market? |
What is the CAGR/Growth Rate of Aerospace during the forecast period? |
By type, which segment accounted for largest share of the global Carbon Fiber Composites Market? |
Which region is expected to dominate the global Carbon Fiber Composites Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|