Carbon Fiber Market Size And Share

  • Report Code : TIPRE00002830
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Carbon Fiber Market Size, Scope, and Share by 2031

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Carbon Fiber Market: Strategic Insights

Carbon Fiber Market

  • CAGR (2023 - 2031)
    8.2%
  • Market Size 2023
    US$ 3.99 Billion
  • Market Size 2031
    US$ 7.51 Billion

Market Dynamics

GROWTH DRIVERS
  • Increased demand in aerospace and automotive industries
  • Growing focus on lightweight materials
  • Technological advancements in carbon fiber production
FUTURE TRENDS
  • Advancements in carbon fiber recycling
  • Rise in demand for carbon fiber in 3D printing
  • Growing use of carbon fiber composites
OPPORTUNITIES
  • Expansion in renewable energy sector applications
  • Increasing demand in high-performance sporting goods
  • Development of lower-cost carbon fiber alternatives

Key Players

  • SGL Carbon SE
  • DowAksa Advanced Composite Material Industries Ltd Co
  • Formosa Plastics Corp
  • Hexcel Corp
  • Hyosung Advanced Materials Corp
  • Kureha Corp
  • Mitsubishi Chemical Corp
  • Solvay SA
  • Teijin Ltd
  • Toray Industries Inc

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Raw Material
  • Polyacrylonitrile-Based and Pitch-Based
Application
  • Composite Materials
  • Microelectrodes
End-Use Industry
  • Automotive
  • Aerospace & Defense
  • Building & Construction
  • Sporting Goods
  • Wind Energy
  • Textiles
  • Marine