炭素繊維市場 – 2030年までの予測

Carbon Fiber Market - Global Forecast to 2030

炭素繊維市場 - 原材料タイプ(パン、ピッチ)、繊維タイプ(バージン、リサイクル)、弾性率(標準、中、高)、製品タイプ(連続、長繊維、短繊維)、用途(複合材料、非複合材料)、最終用途産業(航空宇宙・防衛、自動車、風力エネルギー、パイプ、圧力容器、スポーツ用品、建設・インフラ、医療・ヘルスケア、海洋)、地域別 - 2030年までの予測
Carbon Fiber Market by Raw Material Type (Pan, Pitch), BFiber Type (Virgin, Recycled), Modulus (Standard, Intermediate, High), Product Type (Continuous, Long, Short), Application (Composites, Non-Composites), End-use Industry (Aerospace & Defense, Automotive, Wind Energy, Pipe, Pressure Vessels, Sporting Goods, Construction & Infrastructure, Medical & Healthcare, and Marine), Region - Forecast to 2030

商品番号 : SMB-3814

出版社MarketsandMarkets
出版年月2025年4月
ページ数327
図表数395
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The carbon fiber market is estimated at USD 4.82 billion in 2025 and is projected to reach USD 6.82 billion by 2030, at a CAGR of 7.2% from 2025 to 2030.

炭素繊維市場は2025年に48億2,000万米ドルに達すると推定され、2025年から2030年にかけて7.2%のCAGRで成長し、2030年までに68億2,000万米ドルに達すると予測されています。

Pitch-based carbon fibers, derived from petroleum-based pitch, offer superior mechanical properties and high thermal stability. They possess excellent tensile strength, exceeding 5 GPa, which is comparable to steel. Moreover, their specific stiffness is twice that of aluminum, making them ideal for lightweight applications. Pitch carbon fibers exhibit exceptional resistance to corrosion, chemicals, and extreme temperatures, enabling their utilization in demanding environments. Their high thermal conductivity ensures efficient heat dissipation, making them suitable for heat-sensitive applications. Additionally, pitch-based carbon fiber offers enhanced fatigue resistance and can be manufactured with greater precision in certain applications compared to PAN-based fibers.

石油由来のピッチから作られるピッチ系炭素繊維は、優れた機械的特性と高い熱安定性を備えています。5GPaを超える優れた引張強度を有し、鋼鉄に匹敵します。さらに、比剛性はアルミニウムの2倍であるため、軽量用途に最適です。ピッチ系炭素繊維は、腐食、薬品、極度の温度に対する優れた耐性を示し、過酷な環境下での使用を可能にします。高い熱伝導性により効率的な放熱が可能で、熱に敏感な用途にも適しています。さらに、ピッチ系炭素繊維はPAN系繊維と比較して耐疲労性が向上しており、特定の用途ではより高精度な製造が可能です。

炭素繊維市場 - 2030年までの予測
carbon-fiber-Overview

‘‘In terms of value, virgin carbon fiber accounted for the largest share of the overall carbon fiber market.’’

The virgin fiber segment accounted for the largest market share due to its exceptional properties, including its lightweight structure, stiffness, and chemical resistance, which makes it indispensable in end-use industries like aerospace & defense, automotive, wind energy, and sporting goods, among others. These industries depend on lightweight materials for improved fuel performance in aircraft and vehicles. The use of virgin carbon fiber is favored due to its established manufacturing processes and consistent quality, which are critical for high-performance applications. While recycled carbon fiber is gaining traction as a sustainable alternative, virgin carbon fiber remains dominant because of its outstanding mechanical properties and versatile usage in structural components.

‘‘In terms of value, high modulus accounted for the third-largest share of the overall carbon fiber market.’’

High modulus carbon fiber accounted for the third-largest market share in the overall carbon fiber market. It is a specialized type of carbon fiber that has been engineered for applications where stiffness, rather than strength, is the primary concern. High modulus carbon fibers are characterized by a high carbon content of over 98%, which contributes to their exceptional rigidity and resistance to deformation. The key property of high modulus carbon fiber is its modulus of elasticity, which typically exceeds 370 GPa, making it significantly stiffer than standard carbon fibers.

‘‘In terms of value, long fiber accounted for the third-largest share of the overall carbon fiber market.’’

The long fiber segment accounted for the third-largest share of the overall carbon fiber market. Long carbon fiber, as its name suggests, consists of fibers longer than 1mm and is often used as a reinforcement material in high-performance composites. These fibers offer superior mechanical properties compared to short carbon fibers, including higher tensile strength, improved fatigue resistance, and enhanced stiffness. These qualities make them ideal for applications involving continuous stress, such as wind turbine blades, aircraft components, and Formula 1 cars.

‘‘In terms of value, the non-composites segment accounted for the second-largest share of the carbon fiber market.’’

The non-composites segment accounted for the second-largest share of the carbon fiber market. As carbon fiber is renowned for its exceptional properties, such as high strength-to-weight ratio, stiffness, and resistance to corrosion and fatigue for composite applications, there is a growing demand for its application in non-composite forms as well. Carbon fiber exhibits excellent thermal and electrical conductivity, which makes it suitable for applications in electronics, such as heat sinks, electromagnetic shielding, and even in the development of advanced batteries and fuel cells. It is also gaining popularity in the medical field due to its biocompatibility and radiolucency, making it ideal for surgical instruments, prosthetics, and imaging equipment.

“The pressure vessels industry is projected to be the fastest-growing end-use industry during the forecast period.”

The pressure vessels industry is expected to register the fastest growth in the carbon fiber market during the forecast period. Pressure vessels are manufactured by filament winding tows of high-strength carbon fiber over a mandrel, which serves as a liner in the finished structure and ensures gas tightness. The pressure vessels made of carbon fiber tow prepreg are 75% lighter than steel or aluminum pressure vessels, making them suitable for a wide range of applications. Additionally, carbon is relatively cost-effective compared to other materials, providing a balance of performance and affordability. Its ability to be easily fabricated and welded further contributes to its widespread use in pressure vessel construction.

炭素繊維市場 - 2030年までの予測 region
carbon-fiber-Region

“The Asia Pacific region is projected to register the highest growth rate in the carbon fiber market during the forecast period.”

The Asia Pacific is projected to be the fastest-growing region in the carbon fiber market during the forecast period, supported by rapid industrialization, increased demand for lightweight materials in the automotive, aerospace, and manufacturing industries, and a strong focus on technological advancements. In particular, countries like Japan, China, and South Korea are experiencing substantial investments in the carbon fiber market in advanced manufacturing technologies and the development of carbon fiber composites for applications in aerospace, automotive, and infrastructure projects. These countries are known for their cutting-edge technology and innovation, with major companies like Toray Industries, Inc. and Mitsubishi Chemical Group Corporation pushing advancements in carbon fiber production for high-performance applications.

This study has been validated through primary interviews with industry experts globally. The primary sources have been divided into the following three categories:

  • By Company Type: Tier 1 – 40%, Tier 2 – 33%, and Tier 3 – 27%
  • By Designation: C-level – 50%, Director-level – 30%, and Managers – 20%
  • By Region: North America – 15%, Europe – 50%, Asia Pacific – 20%, the Middle East & Africa – 5%, and Latin America – 10%

The report provides a comprehensive analysis of the following companies:

Prominent companies in this market include Toray Industries, Inc. (Japan), DowAksa (Turkey), Mitsubishi Chemical Group Corporation (Japan), Syensqo (Belgium), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), HS Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Fiber Co., Ltd. (China), Kureha Corporation (Japan), Osaka Gas Chemicals Co., Ltd., (Japan), UMATEX (Russia), Jilin Chemical Fiber Group Co., Ltd. (China), Jiangsu Hengshen Co., Ltd. (China), and China National Bluestar (Group) Co., Ltd. (China).

炭素繊維市場 - 2030年までの予測 ecosystem
carbon-fiber-Ecosystem

Research coverage

This research report categorizes the carbon fiber market by raw material type (pan and pitch), fiber type (virgin and recycled), modulus (standard, intermediate, and high), product type (continuous, long, and short), application (composites and non-composites), end-use industry (aerospace & defense, automotive, wind energy, pipe, pressure vessels, sporting goods, construction & infrastructure, medical & healthcare, and marine), and region (North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America). The scope of the report includes detailed information about the major factors influencing the growth of the carbon fiber market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions and services, key strategies, and recent developments in the carbon fiber market are all covered. This report includes a competitive analysis of upcoming startups in the carbon fiber market ecosystem.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall carbon fiber market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (growth in manufacturing of satellite parts, high demand from aerospace & defense industry, rising adoption in automobile applications due to stringent eco-friendly regulations, increased use in wind energy industry, and rising demand for regular tow carbon in pressure vessels), restraints (high production cost, lack of standardization in manufacturing technologies, and damage repair and compatibility issues), opportunities (increased investments in the development of low-cost coal-based carbon fibers, potential opportunities in new applications, increasing demand for fuel cell electric vehicles (FCEVs), increasing use in 3D printing, advancements in carbon fiber recycling technologies), and challenges (production of low-cost carbon fiber, capital-intensive production and complex manufacturing processes, and recyclability issues) influencing the growth of the carbon fiber market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and service launches in the carbon fiber market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the carbon fiber market across varied regions.
  • Market Diversification: Exhaustive information about services, untapped geographies, recent developments, and investments in the carbon fiber market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Toray Industries, Inc. (Japan), DowAksa (Turkey), Mitsubishi Chemical Group Corporation (Japan), Syensqo (Belgium), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), HS Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Fiber Co., Ltd. (China), Kureha Corporation (Japan), Osaka Gas Chemicals Co., Ltd., (Japan), UMATEX (Russia), Jilin Chemical Fiber Group Co., Ltd. (China), Jiangsu Hengshen Co., Ltd. (China), and China National Bluestar (Group) Co., Ltd. (China) in the carbon fiber market.

Table of Contents

1               INTRODUCTION              29

1.1           STUDY OBJECTIVES       29

1.2           MARKET DEFINITION   29

1.3           STUDY SCOPE   30

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      30

1.3.2        INCLUSIONS AND EXCLUSIONS 31

1.3.3        YEARS CONSIDERED      32

1.3.4        CURRENCY CONSIDERED            32

1.3.5        UNIT CONSIDERED        32

1.4           LIMITATIONS    33

1.5           STAKEHOLDERS               33

1.6           SUMMARY OF CHANGES               33

2               RESEARCH METHODOLOGY       34

2.1           RESEARCH DATA              34

2.1.1        SECONDARY DATA          36

2.1.1.1    Key data from secondary sources       36

2.1.2        PRIMARY DATA 37

2.1.2.1    Key data from primary sources           37

2.1.2.2    Key primary participants     37

2.1.2.3    Breakdown of primary interviews      38

2.1.2.4    Key industry insights           38

2.2           MARKET SIZE ESTIMATION METHODOLOGY     39

2.2.1        BOTTOM-UP APPROACH              39

2.2.2        TOP-DOWN APPROACH                39

2.3           BASE NUMBER CALCULATION   40

2.3.1        APPROACH 1: SUPPLY-SIDE ANALYSIS   40

2.3.2        APPROACH 2: DEMAND-SIDE ANALYSIS                40

2.4           MARKET FORECAST APPROACH                41

2.4.1        SUPPLY SIDE     41

2.4.2        DEMAND SIDE  41

2.5           DATA TRIANGULATION                41

2.6           FACTOR ANALYSIS          43

2.7           RESEARCH ASSUMPTIONS           43

2.8           RESEARCH LIMITATIONS AND RISK ASSESSMENT                 44

3               EXECUTIVE SUMMARY  45

4               PREMIUM INSIGHTS       50

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CARBON FIBER MARKET               50

4.2           EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY AND COUNTRY          51

4.3           CARBON FIBER MARKET, BY RAW MATERIAL      51

4.4           CARBON FIBER MARKET, BY FIBER TYPE               52

4.5           CARBON FIBER MARKET, BY MODULUS 52

4.6           CARBON FIBER MARKET, BY PRODUCT TYPE     53

4.7           CARBON FIBER MARKET, BY APPLICATION         53

4.8           CARBON FIBER MARKET, BY END-USE INDUSTRY                 54

4.9           CARBON FIBER MARKET, BY COUNTRY 54

5               MARKET OVERVIEW       55

5.1           INTRODUCTION              55

5.2           MARKET DYNAMICS       55

5.2.1        DRIVERS               56

5.2.1.1    Growth in manufacturing of satellite parts       56

5.2.1.2    High usage in aerospace & defense industry    56

5.2.1.3    Rising adoption in automobile applications due to stringent

eco-friendly regulations       57

5.2.1.4    Increased use in wind energy industry              57

5.2.1.5    Rise in demand for regular tow carbon in pressure vessels                 59

5.2.2        RESTRAINTS      59

5.2.2.1    High production cost           59

5.2.2.2    Lack of standardization in manufacturing technologies 59

5.2.2.3    Damage repair and compatibility issues           60

5.2.3        OPPORTUNITIES              60

5.2.3.1    Increased investments in development of low-cost coal-based

carbon fibers         60

5.2.3.2    Potential opportunities in new applications     60

5.2.3.3    Increasing demand for fuel-cell electric vehicles (FCEVs)                 61

5.2.3.4    Increasing use in 3D printing             61

5.2.3.5    Advancements in carbon fiber recycling technologies    61

5.2.4        CHALLENGES    62

5.2.4.1    Production of low-cost carbon fiber  62

5.2.4.2    Capital-intensive production and complex manufacturing process   62

5.2.4.3    Recyclability issues               62

5.3           PORTER’S FIVE FORCES ANALYSIS           62

5.3.1        THREAT OF NEW ENTRANTS      63

5.3.2        THREAT OF SUBSTITUTES          63

5.3.3        BARGAINING POWER OF SUPPLIERS       64

5.3.4        BARGAINING POWER OF BUYERS             64

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 64

5.4           KEY STAKEHOLDERS AND BUYING CRITERIA     65

5.4.1        KEY STAKEHOLDERS IN BUYING PROCESS           65

5.4.2        BUYING CRITERIA           66

5.5           SUPPLY CHAIN ANALYSIS             67

5.6           ECOSYSTEM ANALYSIS  68

5.7           PRICING ANALYSIS          69

5.7.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS,

BY END-USE INDUSTRY, 2024      70

5.7.2        AVERAGE SELLING PRICE TREND, BY RAW MATERIAL, 2022–2024              70

5.7.3        AVERAGE SELLING PRICE TREND, BY FIBER TYPE, 2022–2024        71

5.7.4        AVERAGE SELLING PRICE TREND, BY MODULUS, 2022–2024        71

5.7.5        AVERAGE SELLING PRICE TREND, BY PRODUCT TYPE, 2022–2024              72

5.7.6        AVERAGE SELLING PRICE TREND, BY APPLICATION, 2022–2024              72

5.7.7        AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY, 2022–2024      73

5.7.8        AVERAGE SELLING PRICE TREND, BY REGION   73

5.8           VALUE CHAIN ANALYSIS               74

5.9           TRADE ANALYSIS             75

5.9.1        EXPORT SCENARIO (HS CODE 681511)    75

5.9.2        IMPORT SCENARIO (HS CODE 681511)    76

5.10         TECHNOLOGY ANALYSIS             77

5.10.1      KEY TECHNOLOGIES FOR CARBON FIBER MANUFACTURING PROCESSES 77

5.11         MAJOR PROCESSES INVOLVED IN MANUFACTURING OF CARBON FIBER 78

5.11.1      STABILIZING     78

5.11.2      CARBONIZING  78

5.11.3      SURFACE TREATMENT  78

5.11.4      SIZING  79

5.12         COMPLEMENTARY TECHNOLOGIES FOR MANUFACTURING CARBON FIBER          79

5.12.1      RECYCLING TECHNOLOGY         79

5.13         IMPACT OF AI/GEN AI ON CARBON FIBER MARKET                 79

5.13.1      TOP USE CASES AND MARKET POTENTIAL          79

5.13.2      BEST PRACTICES IN CARBON FIBER MARKET     80

5.13.3      CASE STUDIES OF AI IMPLEMENTATION IN CARBON FIBER MARKET 80

5.14         MACROECONOMIC OUTLOOK  80

5.14.1      INTRODUCTION              80

5.14.2      GDP TRENDS AND FORECAST   80

5.14.3      TRENDS IN GLOBAL AEROSPACE & DEFENSE INDUSTRY                 82

5.14.4      TRENDS IN GLOBAL WIND ENERGY INDUSTRY 82

5.14.5      TRENDS IN GLOBAL AUTOMOTIVE INDUSTRY  83

5.15         PATENT ANALYSIS          83

5.15.1      INTRODUCTION              83

5.15.2      METHODOLOGY              83

5.15.3      PATENT TYPES 83

5.15.4      INSIGHTS            85

5.15.5      LEGAL STATUS 85

5.15.6      JURISDICTION ANALYSIS              85

5.15.7      TOP APPLICANTS            86

5.16         REGULATORY LANDSCAPE         88

5.16.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND

OTHER ORGANIZATIONS             88

5.17         KEY CONFERENCES AND EVENTS, 2025–2026        90

5.18         CASE STUDY ANALYSIS 91

5.18.1      MITSUBISHI’S DEVELOPMENT OF CARBON FIBER-REINFORCED PLASTICS FOR STRUCTURAL AIRCRAFT PARTS                 91

5.18.2      SGL CARBON’S CLIMATE-FRIENDLY CARBON FIBER TO REVOLUTIONIZE SUSTAINABLE MANUFACTURING         91

5.18.3      TRUE TEMPER SPORTS PARTNERS WITH HEXCEL CORPORATION FOR ITS FIRST GOLF SHAFT LINE             92

5.19         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            93

5.20         INVESTMENT AND FUNDING SCENARIO               94

6               CARBON FIBER MARKET, BY RAW MATERIAL      96

6.1           INTRODUCTION              97

6.2           PAN-BASED CARBON FIBER        99

6.2.1        EXTENSIVE DEMAND FOR STRUCTURAL MATERIAL COMPOSITES

TO DRIVE MARKET         99

6.3           PITCH-BASED CARBON FIBER    101

6.3.1        WIDE USAGE IN SATELLITES, INDUSTRIAL, CONSTRUCTION, AND

SPORTING GOODS SEGMENTS TO DRIVE MARKET          101

6.3.2        PETROLEUM-BASED PITCH CARBON FIBER        101

6.3.3        COAL-BASED PITCH CARBON FIBER       101

7               CARBON FIBER MARKET, BY FIBER TYPE               104

7.1           INTRODUCTION              105

7.2           VIRGIN CARBON FIBER 105

7.2.1        LONG-TERM HIGH PERFORMANCE IN TERMS OF FATIGUE AND ENVIRONMENTAL EFFECTS TO DRIVE MARKET                 105

7.3           RECYCLED CARBON FIBER          105

7.3.1        GROWING ENVIRONMENTAL CONCERNS TO DRIVE MARKET               105

8               CARBON FIBER MARKET, BY MODULUS 108

8.1           INTRODUCTION              109

8.2           STANDARD MODULUS  109

8.2.1        USAGE ACROSS INDUSTRIES TO DRIVE MARKET                 109

8.3           INTERMEDIATE MODULUS         109

8.3.1        DEMAND IN PRESSURE VESSELS, WIND TURBINE BLADES, AND AEROSPACE TO DRIVE MARKET  109

8.4           HIGH MODULUS              109

8.4.1        DEMAND FOR AEROSPACE APPLICATIONS TO DRIVE MARKET               109

9               CARBON FIBER MARKET, BY PRODUCT TYPE     112

9.1           INTRODUCTION              113

9.2           CONTINUOUS CARBON FIBER   114

9.2.1        DEMAND FOR HIGHER TENSILE STRENGTH TO DRIVE MARKET               114

9.3           LONG CARBON FIBER    116

9.3.1        SUPERIOR MECHANICAL PROPERTIES TO DRIVE MARKET               116

9.4           SHORT CARBON FIBER 118

9.4.1        EASY PROCESSING AND MOLDING TO PROPEL MARKET                 118

10            CARBON FIBER MARKET, BY APPLICATION         120

10.1         INTRODUCTION              121

10.2         COMPOSITES    122

10.2.1      RIGIDITY AND HIGH TENSILE STRENGTH TO FUEL DEMAND             122

10.2.2      PREPREGS           123

10.2.3      MOLDING COMPOUNDS              123

10.2.4      WOVEN FABRICS              123

10.3         NON-COMPOSITES         125

10.3.1      RISING DEMAND FOR EVS AND 3D PRINTING TO DRIVE MARKET               125

11            CARBON FIBER MARKET, BY END-USE INDUSTRY                 127

11.1         INTRODUCTION              128

11.2         AEROSPACE & DEFENSE                131

11.2.1      MAJOR CONSUMER OF CARBON FIBER COMPOSITE MATERIALS        131

11.2.2      ROCKETS, SPACE VEHICLES, HABITATION EQUIPMENT                 133

11.2.3      UMA (URBAN AIR MOBILITY) AND SMALL AIRCRAFT EQUIPMENT      133

11.3         WIND ENERGY  134

11.3.1      STEADY INCREASE IN GLOBAL WIND ENERGY INSTALLATION 134

11.4         AUTOMOTIVE   136

11.4.1      INCREASING ADOPTION OF CARBON FIBERS BY AUTOMOTIVE GIANTS

TO DRIVE MARKET         136

11.4.2      INTERIOR COMPONENTS             136

11.4.3      EXTERIOR COMPONENTS            137

11.4.4      SMALL MOBILITY APPLICATION               138

11.5         PIPES    138

11.5.1      UNIQUE BLEND OF PROPERTIES TO DRIVE MARKET                 138

11.6         SPORTING GOODS          140

11.6.1      INTEREST IN HIGHER PERFORMANCE AND SUSTAINABILITY TO DRIVE NEW CFRP MATERIALS IN SPORTING GOODS          140

11.7         MEDICAL & HEALTHCARE            142

11.7.1      SUSTENANCE UNDER EXTREME ENVIRONMENTAL CONDITIONS

TO DRIVE MARKET         142

11.7.2      DIAGNOSTICS IMAGING               144

11.7.3      BODY IMPLANT, SURGICAL INSTRUMENTS, AND OTHERS                144

11.8         CONSTRUCTION & INFRASTRUCTURE  145

11.8.1      GROWTH IN CONSTRUCTION & INFRASTRUCTURE SEGMENT

TO BOOST DEMAND      145

11.8.2      BUILDING INFRASTRUCTURE    146

11.8.3      CIVIL INFRASTRUCTURE              147

11.9         PRESSURE VESSELS         147

11.9.1      INCREASE IN DEMAND FOR TYPE IV CYLINDERS TO DRIVE MARKET 147

11.10       MARINE                149

11.10.1   GROWING MARINE APPLICATIONS TO DRIVE MARKET                 149

11.11       OTHER END-USE INDUSTRIES   151

11.11.1   ELECTRICAL & ELECTRONICS    151

11.11.2   CABLES 151

11.11.3   MOLDING COMPOUNDS              151

12            CARBON FIBER MARKET, BY REGION     154

12.1         INTRODUCTION              155

12.2         EUROPE               157

12.2.1      EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY           158

12.2.2      EUROPE: CARBON FIBER MARKET, BY COUNTRY                 160

12.2.2.1  Germany                 162

12.2.2.1.1                Growth of automotive and aerospace industries

to drive market      162

12.2.2.2  France    164

12.2.2.2.1                Presence of major aircraft manufacturers to drive market    164

12.2.2.3  UK          167

12.2.2.3.1                Increasing demand for lightweight and high-performance materials to drive market              167

12.2.2.4  Italy         170

12.2.2.4.1                Growing demand from wind energy industry to drive market    170

12.2.2.5  Spain      172

12.2.2.5.1                High demand from wind energy sector to drive market                 172

12.2.2.6  Rest of Europe      174

12.3         NORTH AMERICA             176

12.3.1      NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY 177

12.3.2      NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY            179

12.3.2.1  US           180

12.3.2.1.1                Presence of well-established industries to drive market                 180

12.3.2.2  Canada   183

12.3.2.2.1                Presence of well-established aerospace industry to

fuel demand           183

12.4         ASIA PACIFIC     185

12.4.1      ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY           187

12.4.2      ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY                 189

12.4.2.1  Japan      190

12.4.2.1.1                Large exports of carbon fiber to drive market  190

12.4.2.2  China      193

12.4.2.2.1                Growing sports goods and wind energy industries

to drive market      193

12.4.2.3  Taiwan   195

12.4.2.3.1                Growing demand for bicycles to drive market 195

12.4.2.4  South Korea           198

12.4.2.4.1                Presence of major automotive companies to propel market    198

12.4.2.5  Rest of Asia Pacific               200

12.5         MIDDLE EAST & AFRICA                203

12.5.1      MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY       203

12.5.2      MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY            205

12.5.2.1  GCC Countries     207

12.5.2.1.1                UAE        207

12.5.2.1.1.1            Increasing demand for automobiles to drive growth                 207

12.5.2.1.2                Saudi Arabia          209

12.5.2.1.2.1            High demand from pipes & pressure vessels industry

to drive market      209

12.5.2.1.3                Rest of GCC Countries        212

12.5.2.2  South Africa           214

12.5.2.2.1                Growing wind energy, automotive, and aerospace & defense industries to drive market     214

12.5.2.3  Rest of Middle East & Africa               216

12.6         LATIN AMERICA                218

12.6.1      LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY           219

12.6.2      LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY                 221

12.6.2.1  Brazil      222

12.6.2.1.1                Growth of aerospace & defense and wind energy

industries to drive market   222

12.6.2.2  Mexico   224

12.6.2.2.1                Automotive and wind energy industries to be prominent consumers of carbon fiber   224

12.6.2.3  Rest of Latin America          227

13            COMPETITIVE LANDSCAPE         229

13.1         OVERVIEW          229

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            229

13.3         REVENUE ANALYSIS (2019–2023)                 231

13.4         MARKET SHARE ANALYSIS, 2024                 232

13.5         BRAND/PRODUCT COMPARATIVE ANALYSIS     234

13.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 236

13.6.1      STARS   236

13.6.2      EMERGING LEADERS     236

13.6.3      PERVASIVE PLAYERS      236

13.6.4      PARTICIPANTS 236

13.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         238

13.6.5.1  Company footprint               238

13.6.5.2  Region footprint   239

13.6.5.3  Raw material type footprint                 240

13.6.5.4  Fiber type footprint              241

13.6.5.5  Modulus footprint                 242

13.6.5.6  Product type footprint         243

13.6.5.7  Application footprint            244

13.6.5.8  End-use industry footprint 245

13.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        246

13.7.1      PROGRESSIVE COMPANIES         246

13.7.2      RESPONSIVE COMPANIES            246

13.7.3      DYNAMIC COMPANIES  246

13.7.4      STARTING BLOCKS         246

13.7.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 247

13.7.5.1  Detailed list of key startups/SMEs    247

13.7.5.2  Competitive benchmarking of key startups/SMEs          248

13.8         COMPANY VALUATION AND FINANCIAL METRICS                 250

13.9         COMPETITIVE SCENARIO             251

13.9.1      PRODUCT LAUNCHES   251

13.9.2      DEALS  252

13.9.3      EXPANSIONS     255

14            COMPANY PROFILES      258

14.1         KEY PLAYERS     258

14.1.1      TORAY INDUSTRIES, INC.             258

14.1.1.1  Business overview 258

14.1.1.2  Products offered   259

14.1.1.3  Recent developments           261

14.1.1.3.1                Product launches  261

14.1.1.3.2                Deals      261

14.1.1.3.3                Expansions             262

14.1.1.3.4                Other developments             262

14.1.1.4  MnM view              263

14.1.1.4.1                Key strengths        263

14.1.1.4.2                Strategic choices   263

14.1.1.4.3                Weaknesses & competitive threats     263

14.1.2      DOWAKSA           264

14.1.2.1  Business overview 264

14.1.2.2  Products offered   264

14.1.2.3  Recent developments           265

14.1.2.3.1                Expansions             265

14.1.2.4  MnM view              265

14.1.2.4.1                Key strengths        265

14.1.2.4.2                Strategic choices   265

14.1.2.4.3                Weaknesses/Competitive threats       265

14.1.3      MITSUBISHI CHEMICAL GROUP CORPORATION                 266

14.1.3.1  Business overview 266

14.1.3.2  Products offered   267

14.1.3.3  Recent developments           268

14.1.3.3.1                Deals      268

14.1.3.4  MnM view              269

14.1.3.4.1                Key strengths        269

14.1.3.4.2                Strategic choices   269

14.1.3.4.3                Weaknesses & competitive threats     269

14.1.4      SYENSQO             270

14.1.4.1  Business overview 270

14.1.4.2  Products offered   271

14.1.4.3  Recent developments           272

14.1.4.3.1                Deals      272

14.1.4.4  MnM view              273

14.1.4.4.1                Key strengths        273

14.1.4.4.2                Strategic choices   273

14.1.4.4.3                Weaknesses & competitive threats     273

14.1.5      TEIJIN LIMITED                274

14.1.5.1  Business overview 274

14.1.5.2  Products offered   275

14.1.5.3  Recent developments           276

14.1.5.3.1                Product launches  276

14.1.5.3.2                Deals      276

14.1.5.3.3                Expansions             277

14.1.5.3.4                Other developments             278

14.1.5.4  MnM view              278

14.1.5.4.1                Key strengths        278

14.1.5.4.2                Strategic choices   278

14.1.5.4.3                Weaknesses & competitive threats     278

14.1.6      SGL CARBON     279

14.1.6.1  Business overview 279

14.1.6.2  Products offered   280

14.1.6.3  Recent developments           281

14.1.6.3.1                Deals      281

14.1.6.3.2                Expansions             282

14.1.6.4  MnM view              282

14.1.6.4.1                Key strengths        282

14.1.6.4.2                Strategic choices   282

14.1.6.4.3                Weaknesses & competitive threats     282

14.1.7      HEXCEL CORPORATION               283

14.1.7.1  Business overview 283

14.1.7.2  Products offered   284

14.1.7.3  Recent developments           285

14.1.7.3.1                Product launches  285

14.1.7.3.2                Expansions             285

14.1.7.4  MnM view              286

14.1.7.4.1                Key strengths        286

14.1.7.4.2                Strategic choices   286

14.1.7.4.3                Weaknesses & competitive threats     286

14.1.8      HS HYOSUNG ADVANCED MATERIALS  287

14.1.8.1  Business overview 287

14.1.8.2  Products offered   288

14.1.8.3  Recent developments           289

14.1.8.3.1                Product launches  289

14.1.8.3.2                Deals      290

14.1.8.3.3                Expansions             290

14.1.8.4  MnM view              291

14.1.8.4.1                Key strengths        291

14.1.8.4.2                Strategic choices   291

14.1.8.4.3                Weaknesses & competitive threats     291

14.1.9      ZHONGFU SHENYING CARBON FIBER CO., LTD.                 292

14.1.9.1  Business overview 292

14.1.9.2  Products offered   293

14.1.9.3  Recent developments           294

14.1.9.3.1                Expansions             294

14.1.9.4  MnM view              294

14.1.9.4.1                Key strengths        294

14.1.9.4.2                Strategic choices   294

14.1.9.4.3                Weaknesses & competitive threats     294

14.1.10   KUREHA CORPORATION               295

14.1.10.1                 Business overview 295

14.1.10.2                 Products offered   296

14.1.10.3                 MnM view              296

14.1.10.3.1             Key strengths        296

14.1.10.3.2             Strategic choices   296

14.1.10.3.3             Weaknesses/Competitive threats       296

14.1.11   OSAKA GAS CHEMICALS CO., LTD.           297

14.1.11.1                 Business overview 297

14.1.11.2                 Products offered   298

14.1.11.3                 MnM view              298

14.1.11.3.1             Key strengths        298

14.1.11.3.2             Strategic choices   298

14.1.11.3.3             Weaknesses & competitive threats     298

14.1.12   UMATEX               299

14.1.12.1                 Business overview 299

14.1.12.2                 Products offered   299

14.1.12.3                 MnM view              300

14.1.12.3.1             Key strengths        300

14.1.12.3.2             Strategic choices   300

14.1.12.3.3             Weaknesses/Competitive threats       300

14.1.13   JILIN CHEMICAL FIBER GROUP CO., LTD.             301

14.1.13.1                 Business overview 301

14.1.13.2                 Products offered   301

14.1.13.3                 MnM view              302

14.1.13.3.1             Key strengths        302

14.1.13.3.2             Strategic choices   302

14.1.13.3.3             Weaknesses & competitive threats     302

14.1.14   JIANGSU HENGSHEN CO., LTD. 303

14.1.14.1                 Business overview 303

14.1.14.2                 Products offered   303

14.1.14.3                 Recent developments           304

14.1.14.3.1             Expansions             304

14.1.14.4                 MnM view              304

14.1.14.4.1             Key strengths        304

14.1.14.4.2             Strategic choices   304

14.1.14.4.3             Weaknesses & competitive threats     304

14.1.15   CHINA NATIONAL BLUESTAR (GROUP) CO., LTD.                 305

14.1.15.1                 Business overview 305

14.1.15.2                 Products offered   305

14.1.15.3                 MnM view              306

14.1.15.3.1             Key strengths        306

14.1.15.3.2             Strategic choices   306

14.1.15.3.3             Weaknesses & competitive threats     306

14.2         OTHER PLAYERS              307

14.2.1      CHINA WEIHAI GUANGWEI COMPOSITES CO., LTD.                 307

14.2.2      CHANGSHENG (LANGFANG) TECHNOLOGY CO., LTD.                 308

14.2.3      JILIN JIYAN HIGH-TECH FIBER CO., LTD.               309

14.2.4      JILIN SHENZHOU CARBON FIBER CO., LTD.         310

14.2.5      ALFA CHEMISTRY            310

14.2.6      BCIRCULAR        311

14.2.7      VARTEGA INC.  312

14.2.8      FLINK INTERNATIONAL CO., LTD.           313

14.2.9      CHINA COMPOSITES GROUP CORPORATION LTD.                 314

14.2.10   FORMOSA PLASTICS CORPORATION      315

14.2.11   NIPPON GRAPHITE FIBER CO., LTD.        316

14.2.12   NEWTECH GROUP CO., LTD.      316

14.2.13   ACE C&TECH CO., LTD. 317

14.2.14   PROCOTEX         318

14.2.15   CARBON CONVERSIONS               319

15            APPENDIX           320

15.1         DISCUSSION GUIDE        320

15.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                323

15.3         CUSTOMIZATION OPTIONS        325

15.4         RELATED REPORTS         325

15.5         AUTHOR DETAILS           326

LIST OF TABLES

TABLE 1                NEW WIND POWER INSTALLATIONS (OFFSHORE), BY REGION, 2023–2033 (GW)            58

TABLE 2                CARBON FIBER MARKET: PORTER’S FIVE FORCES ANALYSIS           64

TABLE 3                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY            65

TABLE 4                KEY BUYING CRITERIA, BY END-USE INDUSTRY                 66

TABLE 5                CARBON FIBER MARKET: ROLE IN ECOSYSTEM                 69

TABLE 6                AVERAGE SELLING PRICE TREND, BY REGION, 2022–2030 (USD/KG)        74

TABLE 7                TOP 10 EXPORTING COUNTRIES OF CARBON FIBERS IN 2024   76

TABLE 8                TOP 10 IMPORTING COUNTRIES OF CARBON FIBERS IN 2024   77

TABLE 9                TOP USE CASES AND MARKET POTENTIAL                 79

TABLE 10              BEST PRACTICES: COMPANIES IMPLEMENTING USE CASES           80

TABLE 11              CASE STUDIES OF AI IMPLEMENTATION IN CARBON FIBER MARKET               80

TABLE 12              GDP PERCENTAGE (%) CHANGE, BY KEY COUNTRY, 2021–2029      81

TABLE 13              CARBON FIBER MARKET: TOTAL NUMBER OF PATENTS             84

TABLE 14              LIST OF PATENTS BY TORAY INDUSTRIES, INC.                 86

TABLE 15              LIST OF CHINA PETROLEUM & CHEMICAL CORPORATION 87

TABLE 16              US: TOP 10 PATENT OWNERS IN LAST 10 YEARS                 87

TABLE 17              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT

AGENCIES, AND OTHER ORGANIZATIONS           88

TABLE 18              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  89

TABLE 19              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT

AGENCIES, AND OTHER ORGANIZATIONS           89

TABLE 20              CARBON FIBER MARKET: KEY CONFERENCES AND EVENTS, 2025–2026                 90

TABLE 21              CARBON FIBER MARKET, BY RAW MATERIAL, 2022–2024 (USD MILLION)            97

TABLE 22              CARBON FIBER MARKET, BY RAW MATERIAL, 2022–2024 (KILOTON)     98

TABLE 23              CARBON FIBER MARKET, BY RAW MATERIAL, 2025–2030 (USD MILLION)            98

TABLE 24              CARBON FIBER MARKET, BY RAW MATERIAL, 2025–2030 (KILOTON)     98

TABLE 25              PAN-BASED CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION)          99

TABLE 26              PAN-BASED CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)  99

TABLE 27              PAN-BASED CARBON FIBER MARKET, BY REGION, 2025–2030 (USD MILLION)          100

TABLE 28              PAN-BASED CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)  100

TABLE 29              PITCH-BASED CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION)          101

TABLE 30              PITCH-BASED CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)  102

TABLE 31              PITCH-BASED CARBON FIBER, BY REGION, 2025–2030 (USD MILLION)       102

TABLE 32              PITCH-BASED CARBON FIBER, BY REGION, 2025–2030 (KILOTON)                102

TABLE 33              CARBON FIBER MARKET, BY FIBER TYPE, 2022–2024 (USD MILLION)       106

TABLE 34              CARBON FIBER MARKET, BY FIBER TYPE, 2022–2024 (KILOTON)                106

TABLE 35              CARBON FIBER MARKET, BY FIBER TYPE, 2025–2030 (USD MILLION)       107

TABLE 36              CARBON FIBER MARKET, BY FIBER TYPE, 2025–2030 (KILOTON)                107

TABLE 37              CARBON FIBER MARKET, BY MODULUS, 2022–2024 (USD MILLION)       110

TABLE 38              CARBON FIBER MARKET, BY MODULUS, 2022–2024 (KILOTON)                110

TABLE 39              CARBON FIBER MARKET, BY MODULUS, 2025–2030 (USD MILLION)       111

TABLE 40              CARBON FIBER MARKET, BY MODULUS, 2025–2030 (KILOTON)                111

TABLE 41              CARBON FIBER MARKET, BY PRODUCT TYPE, 2022–2024 (USD MILLION)            113

TABLE 42              CARBON FIBER MARKET, BY PRODUCT TYPE, 2022–2024 (KILOTON)     113

TABLE 43              CARBON FIBER MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)            114

TABLE 44              CARBON FIBER MARKET, BY PRODUCT TYPE, 2025–2030 (KILOTON)     114

TABLE 45              CONTINUOUS CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION)          115

TABLE 46              CONTINUOUS CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)  115

TABLE 47              CONTINUOUS CARBON FIBER MARKET, BY REGION, 2025–2030 (USD MILLION)          115

TABLE 48              CONTINUOUS CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)  116

TABLE 49              LONG CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION)            116

TABLE 50              LONG CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)     117

TABLE 51              LONG CARBON FIBER MARKET, BY REGION, 2025–2030 (USD MILLION)            117

TABLE 52              LONG CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)     117

TABLE 53              SHORT CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION)            118

TABLE 54              SHORT CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)     118

TABLE 55              SHORT CARBON FIBER MARKET, BY REGION, 2025–2030 (USD MILLION)            119

TABLE 56              SHORT CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)     119

TABLE 57              CARBON FIBER MARKET, BY APPLICATION, 2022–2024 (USD MILLION)            121

TABLE 58              CARBON FIBER MARKET, BY APPLICATION, 2022–2024 (KILOTON)     121

TABLE 59              CARBON FIBER MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            122

TABLE 60              CARBON FIBER MARKET, BY APPLICATION, 2025–2030 (KILOTON)     122

TABLE 61              COMPOSITES: CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION)          123

TABLE 62              COMPOSITES: CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)  124

TABLE 63              COMPOSITES: CARBON FIBER MARKET, BY REGION, 2025–2030 (USD MILLION)          124

TABLE 64              COMPOSITES: CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)  124

TABLE 65              NON-COMPOSITES: CARBON FIBER MARKET, BY REGION,

2022–2024 (USD MILLION)            125

TABLE 66              NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)            125

TABLE 67              NON-COMPOSITES: CARBON FIBER MARKET, BY REGION,

2025–2030 (USD MILLION)            126

TABLE 68              NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)            126

TABLE 69              CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)    129

TABLE 70              CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             129

TABLE 71              CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)    130

TABLE 72              CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             130

TABLE 73              NUMBER OF NEW COMMERCIAL AIRPLANE DELIVERIES, BY REGION, 2024–2043          131

TABLE 74              AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION,

2022–2024 (USD MILLION)            132

TABLE 75              AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION,

2022–2024 (KILOTON)     132

TABLE 76              AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION,

2025–2030 (USD MILLION)            132

TABLE 77              AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION,

2025–2030 (KILOTON)     133

TABLE 78              WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION)          134

TABLE 79              WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)  135

TABLE 80              WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2025–2030 (USD MILLION)          135

TABLE 81              WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)  135

TABLE 82              AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION)          137

TABLE 83              AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)  137

TABLE 84              AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2025–2030 (USD MILLION)          137

TABLE 85              AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)  138

TABLE 86              PIPES: CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION)            139

TABLE 87              PIPES: CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)     139

TABLE 88              PIPES: CARBON FIBER MARKET, BY REGION, 2025–2030 (USD MILLION)            139

TABLE 89              PIPES: CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)     140

TABLE 90              SPORTING GOODS: CARBON FIBER MARKET, BY REGION,

2022–2024 (USD MILLION)            141

TABLE 91              SPORTING GOODS: CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)  141

TABLE 92              SPORTING GOODS: CARBON FIBER MARKET, BY REGION,

2025–2030 (USD MILLION)            141

TABLE 93              SPORTING GOODS: CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)  142

TABLE 94              MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION,

2022–2024 (USD MILLION)            143

TABLE 95              MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION,

2022–2024 (KILOTON)     143

TABLE 96              MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION,

2025–2030 (USD MILLION)            143

TABLE 97              MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION,

2025–2030 (KILOTON)     144

TABLE 98              CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION,

2022–2024 (USD MILLION)            145

TABLE 99              CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION,

2022–2024 (KILOTON)     145

TABLE 100            CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION,

2025–2030 (USD MILLION)            146

TABLE 101            CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION,

2025–2030 (KILOTON)     146

TABLE 102            PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION,

2022–2024 (USD MILLION)            147

TABLE 103            PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION,

2022–2024 (KILOTON)     148

TABLE 104            PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION,

2025–2030 (USD MILLION)            148

TABLE 105            PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION,

2025–2030 (KILOTON)     148

TABLE 106            MARINE: CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION)            149

TABLE 107            MARINE: CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)     150

TABLE 108            MARINE: CARBON FIBER MARKET, BY REGION, 2025–2030 (USD MILLION)            150

TABLE 109            MARINE: CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)     150

TABLE 110            OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION,

2022–2024 (USD MILLION)            152

TABLE 111            OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION,

2022–2024 (KILOTON)     152

TABLE 112            OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION,

2025–2030 (USD MILLION)            152

TABLE 113            OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION,

2025–2030 (KILOTON)     153

TABLE 114            CARBON FIBER MARKET, BY REGION, 2022–2024 (USD MILLION) 155

TABLE 115            CARBON FIBER MARKET, BY REGION, 2022–2024 (KILOTON)         156

TABLE 116            CARBON FIBER MARKET, BY REGION, 2025–2030 (USD MILLION) 156

TABLE 117            CARBON FIBER MARKET, BY REGION, 2025–2030 (KILOTON)         156

TABLE 118            EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            158

TABLE 119            EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             158

TABLE 120            EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            159

TABLE 121            EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             159

TABLE 122            EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2022–2024 (USD MILLION)     160

TABLE 123            EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2022–2024 (KILOTON)              161

TABLE 124            EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     161

TABLE 125            EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2025–2030 (KILOTON)              161

TABLE 126            GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            162

TABLE 127            GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     163

TABLE 128            GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            163

TABLE 129            GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     164

TABLE 130            FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            165

TABLE 131            FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             165

TABLE 132            FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            166

TABLE 133            FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             166

TABLE 134            UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)    167

TABLE 135            UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             168

TABLE 136            UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)    168

TABLE 137            UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             169

TABLE 138            ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            170

TABLE 139            ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             170

TABLE 140            ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            171

TABLE 141            ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             171

TABLE 142            SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            172

TABLE 143            SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             172

TABLE 144            SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            173

TABLE 145            SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             173

TABLE 146            REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            174

TABLE 147            REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     175

TABLE 148            REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            175

TABLE 149            REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     176

TABLE 150            NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            177

TABLE 151            NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     178

TABLE 152            NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            178

TABLE 153            NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     179

TABLE 154            NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY,

2022–2024 (USD MILLION)            179

TABLE 155            NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2022–2024 (KILOTON)              179

TABLE 156            NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            180

TABLE 157            NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2025–2030 (KILOTON)              180

TABLE 158            US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)    181

TABLE 159            US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             181

TABLE 160            US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)    182

TABLE 161            US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             182

TABLE 162            CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            183

TABLE 163            CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             184

TABLE 164            CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            184

TABLE 165            CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             185

TABLE 166            ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            187

TABLE 167            ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     187

TABLE 168            ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            188

TABLE 169            ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     188

TABLE 170            ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2022–2024 (USD MILLION)     189

TABLE 171            ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2022–2024 (KILOTON)              189

TABLE 172            ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     189

TABLE 173            ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2025–2030 (KILOTON)              190

TABLE 174            JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            191

TABLE 175            JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             191

TABLE 176            JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            192

TABLE 177            JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             192

TABLE 178            CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            193

TABLE 179            CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             194

TABLE 180            CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            194

TABLE 181            CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             195

TABLE 182            TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            196

TABLE 183            TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             196

TABLE 184            TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            197

TABLE 185            TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             197

TABLE 186            SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            198

TABLE 187            SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     199

TABLE 188            SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            199

TABLE 189            SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     200

TABLE 190            REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            201

TABLE 191            REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     201

TABLE 192            REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            202

TABLE 193            REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     202

TABLE 194            MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            203

TABLE 195            MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     204

TABLE 196            MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            204

TABLE 197            MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     205

TABLE 198            MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY,

2022–2024 (USD MILLION)            205

TABLE 199            MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY,

2022–2024 (KILOTON)     206

TABLE 200            MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            206

TABLE 201            MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY,

2025–2030 (KILOTON)     206

TABLE 202            UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)    207

TABLE 203            UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             208

TABLE 204            UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)    208

TABLE 205            UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             209

TABLE 206            SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            210

TABLE 207            SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     210

TABLE 208            SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            211

TABLE 209            SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     211

TABLE 210            REST OF GCC COUNTRIES: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)                 212

TABLE 211            REST OF GCC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     212

TABLE 212            REST OF GCC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            213

TABLE 213            REST OF GCC: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     213

TABLE 214            SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            214

TABLE 215            SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     214

TABLE 216            SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            215

TABLE 217            SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     215

TABLE 218            REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)            216

TABLE 219            REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)                 217

TABLE 220            REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            217

TABLE 221            REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                 218

TABLE 222            LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            219

TABLE 223            LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     219

TABLE 224            LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            220

TABLE 225            LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     220

TABLE 226            LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY,

2022–2024 (USD MILLION)            221

TABLE 227            LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2022–2024 (KILOTON)              221

TABLE 228            LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            221

TABLE 229            LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2025–2030 (KILOTON)              221

TABLE 230            BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            222

TABLE 231            BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             223

TABLE 232            BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            223

TABLE 233            BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             224

TABLE 234            MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            225

TABLE 235            MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)             225

TABLE 236            MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            226

TABLE 237            MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)             226

TABLE 238            REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (USD MILLION)            227

TABLE 239            REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2022–2024 (KILOTON)     227

TABLE 240            REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            228

TABLE 241            REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     228

TABLE 242            CARBON FIBER MARKET: KEY STRATEGIES ADOPTED BY MAJOR PLAYERS  229

TABLE 243            CARBON FIBER MARKET: DEGREE OF COMPETITION, 2024       232

TABLE 244            CARBON FIBER MARKET: REGION FOOTPRINT                 239

TABLE 245            CARBON FIBER MARKET: RAW MATERIAL TYPE FOOTPRINT       240

TABLE 246            CARBON FIBER MARKET: FIBER TYPE FOOTPRINT       241

TABLE 247            CARBON FIBER MARKET: MODULUS FOOTPRINT       242

TABLE 248            CARBON FIBER MARKET: PRODUCT TYPE FOOTPRINT       243

TABLE 249            CARBON FIBER MARKET: APPLICATION FOOTPRINT       244

TABLE 250            CARBON FIBER MARKET: END-USE INDUSTRY FOOTPRINT       245

TABLE 251            CARBON FIBER MARKET: DETAILED LIST OF KEY STARTUPS/SMES    247

TABLE 252            CARBON FIBER MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES (1/2)          248

TABLE 253            CARBON FIBER MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES (2/2)          249

TABLE 254            CARBON FIBER MARKET: PRODUCT LAUNCHES, JANUARY 2020–MARCH 2025         251

TABLE 255            CARBON FIBER MARKET: DEALS, JANUARY 2020–MARCH 2025       252

TABLE 256            CARBON FIBER MARKET: EXPANSIONS, JANUARY 2020–MARCH 2025         255

TABLE 257            TORAY INDUSTRIES, INC.: COMPANY OVERVIEW          258

TABLE 258            TORAY INDUSTRIES, INC.: PRODUCTS OFFERED                 259

TABLE 259            TORAY INDUSTRIES, INC.: PRODUCT LAUNCHES          261

TABLE 260            TORAY INDUSTRIES, INC.: DEALS             261

TABLE 261            TORAY INDUSTRIES, INC.: EXPANSIONS                 262

TABLE 262            TORAY INDUSTRIES, INC.: OTHER DEVELOPMENTS              262

TABLE 263            DOWAKSA: COMPANY OVERVIEW            264

TABLE 264            DOWAKSA: PRODUCTS OFFERED             264

TABLE 265            DOWAKSA: EXPANSIONS              265

TABLE 266            MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY OVERVIEW 266

TABLE 267            MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCTS OFFERED  267

TABLE 268            MITSUBISHI CHEMICAL GROUP CORPORATION: DEALS 268

TABLE 269            SYENSQO: COMPANY OVERVIEW              270

TABLE 270            SYENSQO: PRODUCTS OFFERED               271

TABLE 271            SYENSQO: DEALS             272

TABLE 272            TEIJIN LIMITED: COMPANY OVERVIEW 274

TABLE 273            TEIJIN LIMITED: PRODUCTS OFFERED  275

TABLE 274            TEIJIN LIMITED: PRODUCT LAUNCHES 276

TABLE 275            TEIJIN LIMITED: DEALS 276

TABLE 276            TEIJIN LIMITED: EXPANSIONS   277

TABLE 277            TEIJIN LIMITED: OTHER DEVELOPMENTS                 278

TABLE 278            SGL CARBON: COMPANY OVERVIEW      279

TABLE 279            SGL CARBON: PRODUCTS OFFERED       280

TABLE 280            SGL CARBON: DEALS     281

TABLE 281            SGL CARBON: EXPANSIONS        282

TABLE 282            HEXCEL CORPORATION: COMPANY OVERVIEW                 283

TABLE 283            HEXCEL CORPORATION: PRODUCTS OFFERED                 284

TABLE 284            HEXCEL CORPORATION: PRODUCT LAUNCHES                 285

TABLE 285            HEXCEL CORPORATION: EXPANSIONS  285

TABLE 286            HS HYOSUNG ADVANCED MATERIALS: COMPANY OVERVIEW   287

TABLE 287            HS HYOSUNG ADVANCED MATERIALS: PRODUCTS OFFERED    288

TABLE 288            HS HYOSUNG ADVANCED MATERIALS: PRODUCT LAUNCHES   289

TABLE 289            HS HYOSUNG ADVANCED MATERIALS: DEALS                 290

TABLE 290            HS HYOSUNG ADVANCED MATERIALS: EXPANSIONS     290

TABLE 291            ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY OVERVIEW   292

TABLE 292            ZHONGFU SHENYING CARBON FIBER CO., LTD.: PRODUCTS OFFERED    293

TABLE 293            ZHONGFU SHENYING CARBON FIBER CO., LTD.: EXPANSIONS     294

TABLE 294            KUREHA CORPORATION: COMPANY OVERVIEW                 295

TABLE 295            KUREHA CORPORATION: PRODUCTS OFFERED                 296

TABLE 296            OSAKA GAS CHEMICALS CO., LTD.: COMPANY OVERVIEW          297

TABLE 297            OSAKA GAS CHEMICALS CO., LTD.: PRODUCTS OFFERED             298

TABLE 298            UMATEX: COMPANY OVERVIEW               299

TABLE 299            UMATEX: PRODUCTS OFFERED                299

TABLE 300            JILIN CHEMICAL FIBER GROUP CO., LTD.: COMPANY OVERVIEW   301

TABLE 301            JILIN CHEMICAL FIBER GROUP CO., LTD.: PRODUCTS OFFERED    301

TABLE 302            JIANGSU HENGSHEN CO., LTD.: COMPANY OVERVIEW          303

TABLE 303            JIANGSU HENGSHEN CO., LTD.: PRODUCTS OFFERED             303

TABLE 304            JIANGSU HENGSHEN CO., LTD.: EXPANSIONS                 304

TABLE 305            CHINA NATIONAL BLUESTAR (GROUP) CO, LTD.: COMPANY OVERVIEW       305

TABLE 306            CHINA NATIONAL BLUESTAR (GROUP) CO, LTD.: PRODUCTS OFFERED        305

TABLE 307            CHINA WEIHAI GUANGWEI COMPOSITES CO., LTD.: COMPANY OVERVIEW       307

TABLE 308          CHANGSHENG (LANGFANG) TECHNOLOGY CO., LTD.: COMPANY OVERVIEW       308

TABLE 309            JILIN JIYAN HIGH-TECH FIBER CO., LTD.: COMPANY OVERVIEW   309

TABLE 310            JILIN SHENZHOU CARBON FIBER CO., LTD.: COMPANY OVERVIEW   310

TABLE 311            ALFA CHEMISTRY: COMPANY OVERVIEW                 310

TABLE 312            BCIRCULAR: COMPANY OVERVIEW         311

TABLE 313            VARTEGA INC.: COMPANY OVERVIEW   312

TABLE 314            FLINK INTERNATIONAL CO., LTD.: COMPANY OVERVIEW          313

TABLE 315            CHINA COMPOSITES GROUP CORPORATION LTD.: COMPANY OVERVIEW       314

TABLE 316            FORMOSA PLASTICS CORPORATION: COMPANY OVERVIEW   315

TABLE 317            NIPPON GRAPHITE FIBER CO., LTD.: COMPANY OVERVIEW          316

TABLE 318            NEWTECH GROUP CO., LTD.: COMPANY OVERVIEW          316

TABLE 319            ACE C&TECH CO., LTD.: COMPANY OVERVIEW                 317

TABLE 320            PROCOTEX: COMPANY OVERVIEW          318

TABLE 321            CARBON CONVERSIONS: COMPANY OVERVIEW                 319

LIST OF FIGURES

FIGURE 1              CARBON FIBER MARKET SEGMENTATION AND REGIONAL SCOPE            30

FIGURE 2              CARBON FIBER MARKET: RESEARCH DESIGN                 35

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              39

FIGURE 4              MARKET SIZE ESTIMATION: TOP-DOWN APPROACH         40

FIGURE 5              CARBON FIBER MARKET: DATA TRIANGULATION             42

FIGURE 6              PAN-BASED CARBON FIBER SEGMENT TO DOMINATE MARKET DURING

FORECAST PERIOD         46

FIGURE 7              VIRGIN CARBON FIBER SEGMENT TO DOMINATE MARKET IN 2025       46

FIGURE 8              STANDARD MODULUS SEGMENT TO LEAD MARKET IN FORECAST PERIOD 47

FIGURE 9              CONTINUOUS CARBON FIBER SEGMENT TO REGISTER HIGHEST CAGR

DURING FORECAST PERIOD       47

FIGURE 10            COMPOSITES SEGMENT DOMINATED MARKET IN 2025  48

FIGURE 11            AEROSPACE & DEFENSE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD    48

FIGURE 12            ASIA PACIFIC TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       49

FIGURE 13            RISING DEMAND FROM AEROSPACE & DEFENSE AND WIND ENERGY

INDUSTRIES TO DRIVE MARKET               50

FIGURE 14            AEROSPACE & DEFENSE SEGMENT AND GERMANY ACCOUNTED FOR

LARGEST SHARES OF EUROPEAN CARBON FIBER MARKET IN 2024        51

FIGURE 15            PAN-BASED CARBON FIBER SEGMENT TO REGISTER HIGHEST GROWTH

DURING PROJECTED PERIOD    51

FIGURE 16            VIRGIN CARBON FIBER SEGMENT DOMINATED CARBON FIBER MARKET

DURING FORECAST PERIOD       52

FIGURE 17            STANDARD MODULUS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD    52

FIGURE 18            CONTINUOUS CARBON FIBER SEGMENT TO REGISTER HIGHEST

CAGR DURING PROJECTED PERIOD       53

FIGURE 19            COMPOSITES SEGMENT ACCOUNTED TO LEAD MARKET IN FORECAST PERIOD 53

FIGURE 20            AEROSPACE & DEFENSE SEGMENT HELD LARGEST SHARE OF MARKET IN 2024      54

FIGURE 21            CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         54

FIGURE 22           CARBON FIBER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          55

FIGURE 23            CARBON FIBER MARKET: PORTER’S FIVE FORCES ANALYSIS           63

FIGURE 24            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY            65

FIGURE 25            KEY BUYING CRITERIA, BY END-USE INDUSTRY                 66

FIGURE 26            CARBON FIBER MARKET: SUPPLY CHAIN ANALYSIS            67

FIGURE 27            CARBON FIBER MARKET: KEY STAKEHOLDERS IN ECOSYSTEM 68

FIGURE 28            AVERAGE SELLING PRICE TREND OF CARBON FIBER OFFERED

BY KEY PLAYERS, BY END-USE INDUSTRY, 2024 (USD/KG)                 70

FIGURE 29            AVERAGE SELLING PRICE OF CARBON FIBER, BY RAW MATERIAL,

2022–2024 (USD/KG)        70

FIGURE 30            AVERAGE SELLING PRICE OF CARBON FIBER, BY FIBER TYPE,

2022–2024 (USD/KG)        71

FIGURE 31            AVERAGE SELLING PRICE OF CARBON FIBER, BY MODULUS,

2022–2024 (USD/KG)        71

FIGURE 32            AVERAGE SELLING PRICE OF CARBON FIBER, BY PRODUCT TYPE,

2022–2024 (USD/KG)        72

FIGURE 33            AVERAGE SELLING PRICE TREND OF CARBON FIBER, BY APPLICATION,

2022–2024 (USD/KG)        72

FIGURE 34            AVERAGE SELLING PRICE OF CARBON FIBER, BY END-USE INDUSTRY,

2022–2024 (USD/KG)        73

FIGURE 35            AVERAGE SELLING PRICE TREND, BY REGION, 2022–2024 (USD/KG)        73

FIGURE 36            CARBON FIBER MARKET: VALUE CHAIN ANALYSIS            74

FIGURE 37            EXPORT DATA OF HS CODE 681511-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2022–2024 (USD THOUSAND)                 75

FIGURE 38            IMPORT DATA OF HS CODE 681511-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2022–2024 (USD THOUSAND)                 76

FIGURE 39            PATENT ANALYSIS, BY PATENT TYPE     84

FIGURE 40            PATENT PUBLICATION TRENDS, JANUARY 2015−FEBRUARY 2025    84

FIGURE 41            CARBON FIBER MARKET: LEGAL STATUS OF PATENTS             85

FIGURE 42            CHINA JURISDICTION REGISTERED HIGHEST NUMBER OF PATENTS  85

FIGURE 43            TORAY INDUSTRIES, INC. REGISTERED HIGHEST NUMBER OF PATENTS               86

FIGURE 44            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   93

FIGURE 45            CARBON FIBER MARKET: DEALS AND FUNDING SOARED IN 2021                 94

FIGURE 46            PROMINENT CARBON FIBER MANUFACTURING FIRMS IN 2024 (USD BILLION)    95

FIGURE 47            PAN-BASED CARBON FIBER MARKET TO REGISTER HIGHEST CAGR

DURING FORECAST PERIOD       97

FIGURE 48            RECYCLED CARBON FIBER SEGMENT TO REGISTER HIGHER CAGR

DURING FORECAST PERIOD       106

FIGURE 49            STANDARD MODULUS SEGMENT TO REGISTER HIGHEST CAGR

DURING FORECAST PERIOD       110

FIGURE 50            CONTINUOUS CARBON FIBER SEGMENT TO REGISTER HIGHEST

CAGR DURING FORECAST PERIOD          113

FIGURE 51            COMPOSITES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD          121

FIGURE 52            PRESSURE VESSELS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD          128

FIGURE 53            CHINA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       155

FIGURE 54            EUROPE: CARBON FIBER MARKET SNAPSHOT                 157

FIGURE 55            NORTH AMERICA: CARBON FIBER MARKET SNAPSHOT          177

FIGURE 56            ASIA PACIFIC: CARBON FIBER MARKET SNAPSHOT          186

FIGURE 57            CARBON FIBER MARKET: REVENUE ANALYSIS OF KEY PLAYERS,

2019–2023 (USD MILLION)            231

FIGURE 58            CARBON FIBER MARKET SHARE ANALYSIS, 2024                 232

FIGURE 59            CARBON FIBER MARKET: BRAND/PRODUCT COMPARATIVE ANALYSIS            234

FIGURE 60            CARBON FIBER MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024         237

FIGURE 61            CARBON FIBER MARKET: COMPANY FOOTPRINT       238

FIGURE 62            CARBON FIBER MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2024                247

FIGURE 63            CARBON FIBER MARKET: EV/EBITDA OF KEY VENDORS            250

FIGURE 64            CARBON FIBER MARKET: YEAR-TO-DATE (YTD) PRICE TOTAL RETURN

AND 5-YEAR STOCK BETA OF KEY VENDORS      250

FIGURE 65            TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT          259

FIGURE 66            MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY SNAPSHOT 267

FIGURE 67            SYENSQO: COMPANY SNAPSHOT             271

FIGURE 68            TEIJIN LIMITED: COMPANY SNAPSHOT 275

FIGURE 69            SGL CARBON: COMPANY SNAPSHOT      280

FIGURE 70            HEXCEL CORPORATION: COMPANY SNAPSHOT                 284

FIGURE 71            HS HYOSUNG ADVANCED MATERIALS: COMPANY SNAPSHOT   288

FIGURE 72            ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY SNAPSHOT   293

FIGURE 73            KUREHA CORPORATION: COMPANY SNAPSHOT                 295

FIGURE 74            OSAKA GAS CHEMICALS CO., LTD.: COMPANY SNAPSHOT          297