Global Carbon Fiber Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Carbon fiber is a long, thin strand of material about 0.0002-0.0004 in (0.005-0.010 mm) in diameter and composed mostly of carbon atoms. The carbon atoms are bonded together in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. The crystal alignment makes the fiber incredibly strong for its size. Several thousand carbon fibers are twisted together to form a yarn, which may be used by itself or woven into a fabric. The yarn or fabric is combined with epoxy and wound or molded into shape to form various composite materials. Carbon fiber-reinforced composite materials are used to make aircraft carbon fiber compared to human hair and spacecraft parts, racing car bodies, golf club shafts, bicycle frames, fishing rods, automobile springs, sailboat masts, and many other components where light weight and high strength are needed.
According to our (Global Info Research) latest study, the global Carbon Fiber market size was valued at USD 1819.9 million in 2022 and is forecast to a readjusted size of USD 1736.3 million by 2029 with a CAGR of -0.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major manufacturers of carbon fiber are Toray, Zoltek (Toray), Mitsubishi Rayon, Toho Tenax, SGL and so on.The top three accounted for about 45%.
North America is the main market, accounting for about 30%, followed by Europe at about 20%.
This report is a detailed and comprehensive analysis for global Carbon Fiber market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Carbon Fiber market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global Carbon Fiber market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global Carbon Fiber market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global Carbon Fiber market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Carbon Fiber
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Carbon Fiber market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toray, ZOLTEK (Toray), Mitsubishi Rayon, Toho Tenax (Teijin) and Hexcel, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Carbon Fiber market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Regular-Tow Carbon Fiber
    Large-Tow Carbon Fiber
Market segment by Application
    Industrial Materials
    Aerospace
    Sports/Leisure
    Medical Industry
Major players covered
    Toray
    ZOLTEK (Toray)
    Mitsubishi Rayon
    Toho Tenax (Teijin)
    Hexcel
    Formosa Plastics Corp
    SGL
    Cytec Solvay
    DuPont
    Hyosung
    Taekwang Industrial
    Zhongfu Shenying
    Jiangsu Hengshen
    Weihai Tuozhan Fiber
    Bluestar Fibres
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Carbon Fiber product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carbon Fiber, with price, sales, revenue and global market share of Carbon Fiber from 2018 to 2023.
Chapter 3, the Carbon Fiber competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carbon Fiber breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Carbon Fiber market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Carbon Fiber.
Chapter 14 and 15, to describe Carbon Fiber sales channel, distributors, customers, research findings and conclusion.