1. Market Research
  2. > Chemical
  3. > Specialty Chemical
  4. > Plastic Market Trends
Carbon Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Carbon Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

  • June 2018
  • 263 pages
  • ID: 5475090
  • Format: PDF
  • By Transparency Market Research


Table of Contents

Carbon Fiber Market - Overview

Carbon fibers are used in resin-based composites for the fabrication of parts in high performance aircraft, space vehicles, and sporting goods to reduce the overall weight of the fabricated component.These are a group of flexible, continuous/chopped filaments derived from pitch, polyacrylonitrile (PAN), or rayon through a series of high temperature heating stages.

These fibers have extremely high modulus and high strength. Carbon fiber find applications in automotive, aerospace, and construction industries.

Rise in demand for lightweight vehicles for subsequent reduction in CO2 emissions is anticipated to boost demand for carbon fiber during the forecast period.Carbon fiber offers several structural and weight advantages over traditional steel and injection molded automotive parts.

These offer high stiffness, tensile strength, temperature tolerance, less weight, and thermal expansion.Thus, carbon fiber is preferred for manufacturing automobiles.

Carbon fiber is primarily used in racing vehicles, supercars, and mid-to-high end sports cars.

Aerospace is a leading application segment of the global carbon fiber market.The segment is anticipated to expand at a significant pace during the forecast period.

Carbon fiber is used to manufacture various aircraft components such as brake wing components, tail and body of planes, and rotor blades of helicopters.In the last few years, glass fiber composites were extensively used in the aerospace industry.

Use of carbon fiber is anticipated to increase significantly during the forecast period due to performance limitations of glass fiber and recent development of carbon fiber composites to cater to the growing demand for lightweight and high strength materials.

The PAN-based carbon fiber segment is projected to be highly attractive during the forecast period.PAN-based carbon fibers offer more carbon contents as compared to other product types and hence it is predicted to create enormous growth opportunities during the next few years.

PITCH-based carbon fiber is increasingly being utilized in end-use industries such as aerospace and construction sports & leisure.

In terms of technology, the prepreg segment held significant share in global carbon fiber market in 2017.This technology produces consistent material and provides flexibility to fiber orientation.

Pultrusion and other technologies such as centrifugal casting and automated tape lying are projected to constitute substantial share of the market by 2026.Injection molding is a high-volume, fast, and closed process.

It is likely to be used in some end-use industries where previously the thermoplastic and metal casting processes were used especially in automotive and electrical components.

Aerospace & defense held significant share of the market in 2017 in terms of value.This segment was followed by the automotive & transportation segment.

Carbon fiber composites are also used in sports and leisure products such as golf sticks, tennis rackets, knee pads, and bicycles.Expansion of the sports & leisure industry is ascribed to the rise in demand for sports goods in Asia Pacific, particularly in China.

This is expected to boost the carbon fiber market during the forecast period.

This report analyzes and forecasts the carbon fiber market at the global and regional level.The market has been forecast based on revenue (US$ Mn) and volume (Tons) from 2017 to 2026, considering 2017 as the base year.

The study includes drivers and restraints of the global carbon fiber market.It also covers the impact of these drivers and restraints on demand for carbon fiber market during the forecast period.

The report includes the current carbon fiber market indicators. It also highlights opportunities in the carbon fiber market at global level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global carbon fiber market.Porter’s Five Forces model for the carbon fiber market has also been included to help understand the competitive landscape.

The study also provides market attractiveness analysis on the basis of fiber type, technology, and application which are benchmarked based on their growth rate, market size, and market share.

The study provides a decisive view of the global carbon fiber market by segmenting it in terms of fiber type, technology, and applications.Based on fiber type, the carbon fiber market has been classified into PAN- based, PITCH-based, and others.

In terms of technology, the carbon fiber market has been divided into prepreg layup, pultrusion, winding, press & injection molding, and others.Based on application, the market has been segregated into automotive, construction, aerospace & defense, sports & leisure, marine and oil & gas, wind energy, and others.

These segments have been analyzed based on present and future trends.Regional segmentation includes current and future demand for carbon fibers in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Each of these regions are further analyzed on country level for major countries in each region.

The report comprises profiles of major companies operating in the global carbon fiber market. Key players include Teijin Ltd., Hexcel Corporation, Toray Industries Inc., Kureha Corporation, SGL Group, Kemrock Industries and Exports Ltd., DowAksa, Cytec Industries Inc., and Formosa Plastics Corporation.

Carbon Fiber Market, by Product (Tons, US$ Mn)

Carbon Fiber Market, by Technology (Tons, US$ Mn)
Prepreg Layup
Filament Winding
Press & Injection Molding

Carbon Fiber Market, by Application (Tons, US$ Mn)
Automotive & Transportation

Aerospace & Defense
Sports & Leisure
Marine and Oil & Gas
Wind Energy

Carbon Fiber Market: Regional Analysis (Tons, US$ Mn)
North America
Rest of Europe
Asia Pacific
Rest of Asia Pacific
Latin America
Rest of Latin America
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of Middle East & Africa

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
20% Off


  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on