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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Key Industry Players in the Global Carbon Fibre Market
The report presents a detailed analysis of the following key players in the global carbon fibre industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- SGL Carbon
- Hexcel Corporation
- Hyosung Advanced Materials
- Mitsubishi Chemical Carbon Fiber and Composites, Inc.
- Nippon Steel Chemical & Material Co., Ltd.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Carbon Fibre Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global carbon fibre market attained a value of nearly USD 3,821.39 million.
The market is projected to grow at a CAGR of 11.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 10,511.25 million by 2032.
The major market drivers include the robust growth of the automotive, wind, and defence sectors, the rising demand for environmentally-friendly vehicles, and the increasing popularity of air travel.
The rising offshore wind energy installations, favourable properties of carbon fibres, and the rising use of pitch-based carbon fibres in satellite manufacturing are the key trends guiding the market growth.
The major regions in the carbon fibre market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Pan-based carbon fibre and pitch-based carbon fibre and rayon-based carbon fibre are the major raw materials of the product included in the market report.
The various carbon fibre types in the market are continuous carbon fibre, long carbon fibre, and short carbon fibre.
The several segments based on forms of the product considered in the market report are polymer matrix composites (PMC), metal matrix composites (MMC), and ceramic matrix composites (CMC).
The different end uses of the product are aerospace and defence, sports/ leisure, wind turbines, moulding and compounds, automotive, pressure vessels, civil engineering, marine, pultrusion misc., misc. consumer, and sailing/ yacht building, among others.
The major players in the market are SGL Carbon, Hexcel Corporation, Hyosung Advanced Materials, Mitsubishi Chemical Carbon Fiber and Composites, Inc., and Nippon Steel Chemical & Material Co., Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124