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Carbon Fiber Market by Raw Material Type (Pan, Pitch), By Fiber Type (Virgin, Recycled), By Modulus (Standard, Intermediate, High), By Product Type (Continuous, Long, Short), By Application (Composites, Non-Composites), By End-use Industry (Aerospace & Defense, Automotive, Wind Energy, Pipe, Pressure Vessels, Sporting Goods, Construction & Infrastructure, Medical & Healthcare, and Marine), By Region - Forecast to 2031

出版商 MarketsandMarkets產業別 Chemicals & Materials出版日期 2026-05-21頁數 374報告編號 AD1611

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報告摘要

The carbon fiber market is estimated at USD 6.41 billion in 2026 and is projected to reach USD 9.07 billion by 2031, at a CAGR of 7.2% from 2026 to 2031. 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. Pitch-based carbon fiber offers enhanced fatigue resistance and can be manufactured with greater precision in certain applications compared to PAN-based fibers. ‘‘In terms of value, virgin carbon fiber accounted for the largest share of the overall carbon fiber market.’’ The virgin carbon fiber segment accounted for the largest share of the global carbon fiber market owing to its superior mechanical properties, including high strength, lightweight characteristics, stiffness, and excellent chemical resistance. These properties make virgin carbon fiber highly suitable for demanding applications across industries such as aerospace & defense, automotive, wind energy, sporting goods, and pressure vessels. End-use industries increasingly rely on lightweight materials to improve fuel efficiency, enhance structural performance, and reduce overall emissions in aircraft, vehicles, and renewable energy systems. Virgin carbon fiber remains widely preferred for its consistent quality, reliable performance, and well-established manufacturing processes, which are essential for critical and high-performance structural applications. Although recycled carbon fiber is gaining momentum as a cost-effective and sustainable alternative, virgin carbon fiber continues to dominate the market because of its superior structural integrity, enhanced durability, and broader applicability across advanced composite applications. ‘‘In terms of value, high modulus accounted for the third-largest share of the overall carbon fiber market.’’ The high-modulus carbon fiber segment accounted for the third-largest share of the global carbon fiber market, owing to its superior stiffness and dimensional stability in high-performance applications. High modulus carbon fiber is specifically engineered for applications where rigidity and resistance to deformation are more critical than tensile strength. These fibers typically possess a carbon content exceeding 98%, which contributes to their exceptional stiffness, thermal stability, and structural performance. One of the key characteristics of high-modulus carbon fiber is its high modulus of elasticity, generally above 370 GPa, making it considerably stiffer than standard-modulus carbon fiber. Owing to these properties, high-modulus carbon fibers are extensively used in aerospace components, satellites, defense systems, sporting goods, and precision industrial equipment, where lightweight structures with minimal flex and high accuracy are required. ‘‘In terms of value, long fiber accounted for the third-largest share of the overall carbon fiber market.’’ The long carbon fiber segment held the third-largest share of the global carbon fiber market, driven by its enhanced mechanical performance and growing use in high-performance composite applications. Long carbon fibers, typically measuring more than 1 mm in length, are widely used as reinforcement in advanced composite structures that require superior strength and durability. Compared to short carbon fibers, long carbon fibers provide higher tensile strength, improved stiffness, better impact resistance, and enhanced fatigue performance, making them suitable for applications exposed to continuous mechanical stress and demanding operating conditions. These characteristics have increased their adoption across industries such as wind energy, aerospace & defense, automotive, and motorsports. Long carbon fiber composites are extensively utilized in wind turbine blades, aircraft structural components, high-performance automotive parts, and Formula 1 vehicles, where lightweight materials with superior structural integrity and long-term reliability are critical. ‘‘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 global carbon fiber market, driven by the expanding use of carbon fiber in standalone and specialty applications beyond traditional composite structures. Carbon fiber is widely recognized for its exceptional strength-to-weight ratio, stiffness, corrosion resistance, and fatigue resistance, and these properties are increasingly driving its adoption in various non-composite applications. In addition to structural uses, carbon fiber demonstrates excellent thermal and electrical conductivity, making it highly suitable for electronic and electrical applications such as heat sinks, electromagnetic interference (EMI) shielding, semiconductors, advanced batteries, and fuel cell components. The material is also gaining significant traction in the medical and healthcare sectors owing to its biocompatibility, lightweight nature, and radiolucency, which make it ideal for surgical instruments, prosthetics, orthopedic devices, and medical imaging equipment. Growing technological advancements and the increasing need for high-performance materials across electronics, healthcare, and industrial applications continue to support the growth of the non-composites carbon fiber segment. “The pressure vessels industry is projected to be the fastest-growing end-use industry during the forecast period.” The pressure vessels industry is projected to register the fastest growth in the global carbon fiber market during the forecast period, driven by rising demand for lightweight, high-pressure storage solutions across hydrogen, compressed natural gas (CNG), aerospace, and industrial applications. Carbon fiber is widely used in pressure vessel manufacturing via filament winding, where high-strength tows are wound over a liner or mandrel to create durable, gas-tight structures. Carbon fiber-reinforced pressure vessels offer significant weight reduction, typically being up to 75% lighter than conventional steel or aluminum vessels, while maintaining superior strength, corrosion resistance, and pressure-handling capability. These advantages make them highly suitable for hydrogen storage tanks, CNG cylinders, aerospace systems, and transportation applications where weight reduction and operational efficiency are critical. In addition, carbon fiber pressure vessels provide excellent fatigue resistance, durability, and long service life, supporting their increasing adoption in next-generation clean energy and mobility solutions. Growing investments in hydrogen infrastructure, fuel cell vehicles, and alternative fuel storage technologies are expected to further accelerate demand for carbon fiber-based pressure vessels globally. “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, driven by rapid industrialization, rising demand for lightweight materials across the automotive, aerospace, and manufacturing industries, and a strong focus on technological advancements. In particular, countries like Japan, China, and South Korea are investing substantially in the carbon fiber market, including advanced manufacturing technologies and the development of carbon fiber composites for aerospace, automotive, and infrastructure applications. These countries are known for their cutting-edge technology and innovation, with major companies such as Toray Industries, Inc. and Mitsubishi Chemical Group Corporation driving 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 - 10%, and Latin America - 5% 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). 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 on the major factors influencing the growth of the carbon fiber market, including 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. This report includes a competitive analysis of upcoming startups in the carbon fiber market ecosystem. Reasons to buy this report: The report will help market leaders/new entrants in this market with information on the closest approximations of revenue for the overall carbon fiber market and its subsegments. This report will help stakeholders understand the competitive landscape and gain insights to better position their businesses 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 into 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.
目錄 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 UNITS CONSIDERED 32 1.4 LIMITATIONS 32 1.5 STAKEHOLDERS 33 2 EXECUTIVE SUMMARY 34 2.1 KEY INSIGHTS AND MARKET HIGHLIGHTS 34 2.2 KEY MARKET PARTICIPANTS: SHARE INSIGHTS AND STRATEGIC DEVELOPMENTS 35 2.3 DISRUPTIVE TRENDS SHAPING MARKET 36 2.4 HIGH-GROWTH SEGMENTS & EMERGING FRONTIERS 37 2.5 SNAPSHOT: GLOBAL MARKET SIZE, GROWTH RATE, AND FORECAST 38 3 PREMIUM INSIGHTS 39 3.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CARBON FIBER MARKET 39 3.2 CARBON FIBER MARKET, BY END-USE INDUSTRY AND REGION 40 3.3 CARBON FIBER MARKET, BY RAW MATERIAL 40 3.4 CARBON FIBER MARKET, BY APPLICATION 41 3.5 CARBON FIBER MARKET, BY MODULUS 41 3.6 CARBON FIBER MARKET, BY FIBER TYPE 41 3.7 CARBON FIBER MARKET, BY PRODUCT TYPE 42 3.8 CARBON FIBER MARKET, BY COUNTRY 42 4 MARKET OVERVIEW 43 4.1 INTRODUCTION 43 4.2 MARKET DYNAMICS 44 4.2.1 DRIVERS 44 4.2.1.1 Growing demand for lightweight and fuel-efficient vehicles 44 4.2.1.2 Growth in manufacturing of satellite parts 45 4.2.1.3 High usage in aerospace & defense industry 45 4.2.1.4 Increased use in wind energy industry 46 4.2.2 RESTRAINTS 47 4.2.2.1 High material and production cost 47 4.2.2.2 Lack of standardization in manufacturing technologies 47 4.2.2.3 Damage repair and compatibility issues 48 4.2.3 OPPORTUNITIES 48 4.2.3.1 Increased investments in development of low-cost coal-based carbon fibers 48 4.2.3.2 Increasing use in 3D printing 48 4.2.3.3 Growing demand for recyclable and sustainable composite materials 48 4.2.3.4 Increasing demand for fuel-cell electric vehicles (FCEVs) 49 4.2.4 CHALLENGES 49 4.2.4.1 Supply chain concentration and precursor dependency 49 4.2.4.2 Certification and qualification barriers in high-performance applications 50 4.2.4.3 Demand volatility driven by policy-dependent end-use industries 50 4.3 UNMET NEEDS AND WHITE SPACES 50 4.3.1 UNMET NEEDS IN CARBON FIBER MARKET 50 4.3.2 WHITE SPACE OPPORTUNITIES 51 4.4 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES 53 4.4.1 INTERCONNECTED MARKETS 53 4.4.2 CROSS-SECTOR OPPORTUNITIES 54 4.5 EMERGING BUSINESS MODELS AND ECOSYSTEM SHIFTS 55 4.5.1 EMERGING BUSINESS MODELS 55 4.5.2 ECOSYSTEM SHIFTS 56 4.6 STRATEGIC MOVES BY TIER-1/2/3 PLAYERS 57 4.6.1 KEY MOVES AND STRATEGIC FOCUS 57 5 INDUSTRY TRENDS 58 5.1 PORTER’S FIVE FORCES ANALYSIS 58 5.1.1 THREAT OF NEW ENTRANTS 59 5.1.2 THREAT OF SUBSTITUTES 59 5.1.3 BARGAINING POWER OF SUPPLIERS 59 5.1.4 BARGAINING POWER OF BUYERS 59 5.1.5 INTENSITY OF COMPETITIVE RIVALRY 60 5.2 MACROECONOMICS INDICATORS 60 5.2.1 INTRODUCTION 60 5.2.2 GDP TRENDS AND FORECAST 60 5.2.3 TRENDS IN AUTOMOTIVE INDUSTRY 62 5.2.4 TRENDS IN AEROSPACE & DEFENSE 63 5.2.5 TRENDS IN WIND ENERGY 63 5.3 SUPPLY CHAIN ANALYSIS 65 5.4 ECOSYSTEM ANALYSIS 66 5.5 PRICING ANALYSIS 67 5.5.1 AVERAGE SELLING PRICE OFFERED BY KEY PLAYERS, BY END-USE INDUSTRY 67 5.5.2 AVERAGE SELLING PRICE TREND OF CARBON FIBER, BY REGION 68 5.6 TRADE ANALYSIS, 2021–2025 69 5.6.1 IMPORT SCENARIO (HS CODE 681511) 70 5.6.2 EXPORT SCENARIO (HS CODE 681511) 72 5.7 KEY CONFERENCES AND EVENTS, 2026–2028 75 5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 77 5.9 INVESTMENT AND FUNDING SCENARIO 78 5.10 CASE STUDY ANALYSIS 79 5.10.1 MITSUBISHI’S DEVELOPMENT OF CARBON FIBER-REINFORCED PLASTICS FOR STRUCTURAL AIRCRAFT PARTS 79 5.10.2 SGL CARBON’S CLIMATE-FRIENDLY CARBON FIBER TO REVOLUTIONIZE SUSTAINABLE MANUFACTURING 79 5.10.3 TRUE TEMPER SPORTS PARTNERS WITH HEXCEL CORPORATION FOR ITS FIRST GOLF SHAFT LINE 80 5.11 IMPACT OF 2025 US TARIFF ON CARBON FIBER MARKET 80 5.11.1 INTRODUCTION 80 5.11.2 KEY TARIFF RATES 81 5.11.3 PRICE IMPACT ANALYSIS 81 5.11.4 IMPACT ON COUNTRIES/REGIONS 82 5.11.4.1 North America 82 5.11.4.2 Europe 83 5.11.4.3 Asia Pacific 85 5.11.4.4 Middle East & Africa 86 5.11.5 IMPACT ON TOP END-USE INDUSTRIES 87 6 TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS 88 6.1 KEY EMERGING TECHNOLOGIES 88 6.1.1 LOW-COST CARBON FIBER (LCCF) VIA ALTERNATIVE PRECURSORS (LIGNIN/BIO-BASED/PAN-BLENDS) 88 6.1.2 PLASMA OXIDATION & MICROWAVE-ASSISTED CARBONIZATION (RAPID PROCESSING CF TECHNOLOGY) 89 6.2 COMPLEMENTARY TECHNOLOGIES 89 6.2.1 CARBON FIBER RECYCLING (RCF) & CLOSED-LOOP MANUFACTURING 89 6.3 TECHNOLOGY/PRODUCT ROADMAP 90 6.3.1 SHORT-TERM (2026–2028) | FOUNDATION & INCREMENTAL COMMERCIALIZATION 90 6.3.2 MID-TERM (2028–2031) | EXPANSION & STANDARDIZATION 92 6.3.3 LONG-TERM (2032–2036+) | DISRUPTION & MASS ADOPTION 93 6.4 PATENT ANALYSIS 94 6.4.1 INTRODUCTION 94 6.4.2 METHODOLOGY 94 6.4.3 DOCUMENT TYPES 94 6.4.4 INSIGHTS 95 6.4.5 LEGAL STATUS 96 6.4.6 JURISDICTION ANALYSIS 96 6.4.7 TOP APPLICANTS 97 6.4.8 TOP 10 PATENT OWNERS (US) IN LAST 5 YEARS 99 6.5 FUTURE APPLICATIONS 100 6.5.1 STRUCTURAL EV BATTERY INTEGRATION (CELL-TO-PACK/ STRUCTURAL COMPOSITES) 100 6.5.2 HYBRID MULTI-MATERIAL VEHICLE ARCHITECTURES 100 6.5.3 ADVANCED STRUCTURAL & INFRASTRUCTURE SYSTEMS 101 6.5.4 HIGH-PERFORMANCE DATA CENTERS & ELECTRONICS 101 6.5.5 NEXT-GENERATION MOBILITY (UAVS, EVTOLS, SPACE SYSTEMS) 101 6.6 IMPACT OF AI/GEN AI ON CARBON FIBER MARKET 102 6.6.1 TOP USE CASES AND MARKET POTENTIAL 102 6.6.2 BEST PRACTICES IN CARBON FIBER MARKET 103 6.6.3 CASE STUDIES OF AI IMPLEMENTATION IN CARBON FIBER MARKET 104 6.6.4 INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS 104 6.6.5 CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN CARBON FIBER MARKET 105 6.7 SUCCESS STORIES AND REAL-WORLD APPLICATIONS 106 6.7.1 TORAY INDUSTRIES: HIGH-PERFORMANCE AEROSPACE AND SPORTS APPLICATIONS 106 6.7.2 HEXCEL CORPORATION: ADVANCED COMPOSITE STRUCTURES FOR AEROSPACE 106 7 SUSTAINABILITY AND REGULATORY LANDSCAPE 107 7.1 REGIONAL REGULATIONS AND COMPLIANCE 107 7.1.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 107 7.1.2 INDUSTRY STANDARDS 109 7.2 SUSTAINABILITY INITIATIVES 110 7.2.1 CARBON IMPACT AND ECO-APPLICATIONS OF CARBON FIBER 110 7.2.1.1 Carbon impact reduction 111 7.2.1.2 Eco-Applications 111 7.3 SUSTAINABILITY IMPACT AND REGULATORY POLICY INITIATIVES 112 7.4 CERTIFICATIONS, LABELING, ECO-STANDARDS 113 8 CUSTOMER LANDSCAPE & BUYER BEHAVIOR 114 8.1 DECISION-MAKING PROCESS 114 8.2 BUYER STAKEHOLDERS AND BUYING EVALUATION CRITERIA 115 8.2.1 KEY STAKEHOLDERS IN BUYING PROCESS 115 8.2.2 BUYING CRITERIA 116 8.3 ADOPTION BARRIERS & INTERNAL CHALLENGES 116 8.4 UNMET NEEDS FROM VARIOUS END-USE INDUSTRIES 118   8.5 MARKET PROFITABILITY 119 8.5.1 REVENUE POTENTIAL 119 8.5.2 COST DYNAMICS 120 8.5.3 MARGIN OPPORTUNITIES BY APPLICATION 120 9 CARBON FIBER MARKET, BY RAW MATERIAL 121 9.1 INTRODUCTION 122 9.2 PAN-BASED CARBON FIBER 124 9.2.1 EXTENSIVE DEMAND FOR LIGHTWEIGHT STRUCTURAL COMPOSITES TO DRIVE MARKET 124 9.3 PITCH-BASED CARBON FIBER 126 9.3.1 WIDE USAGE IN SATELLITES, INDUSTRIAL, CONSTRUCTION, AND SPORTING GOODS SEGMENTS TO DRIVE MARKET 126 9.3.2 PETROLEUM-BASED PITCH CARBON FIBER 126 9.3.3 COAL-BASED PITCH CARBON FIBER 126 10 CARBON FIBER MARKET, BY MODULUS 129 10.1 INTRODUCTION 130 10.2 STANDARD MODULUS 130 10.2.1 USAGE ACROSS INDUSTRIES TO DRIVE MARKET 130 10.3 INTERMEDIATE MODULUS 130 10.3.1 DEMAND IN PRESSURE VESSELS, WIND TURBINE BLADES, AND AEROSPACE TO DRIVE MARKET 130 10.4 HIGH MODULUS 130 10.4.1 DEMAND FOR AEROSPACE APPLICATIONS TO DRIVE MARKET 130 11 CARBON FIBER MARKET, BY PRODUCT TYPE 133 11.1 INTRODUCTION 134 11.2 CONTINUOUS CARBON FIBER 135 11.2.1 RISING DEMAND FOR LIGHTWEIGHT HIGH-STRENGTH COMPOSITES TO DRIVE MARKET 135 11.3 LONG CARBON FIBER 137 11.3.1 INCREASING DEMAND FOR DURABLE LIGHTWEIGHT COMPOSITES TO DRIVE MARKET 137 11.4 SHORT CARBON FIBER 139 11.4.1 COST-EFFECTIVE LIGHTWEIGHT MATERIALS TO DRIVE MARKET 139 12 CARBON FIBER MARKET, BY FIBER TYPE 141 12.1 INTRODUCTION 142 12.2 VIRGIN CARBON FIBER 142 12.2.1 LONG-TERM HIGH PERFORMANCE IN TERMS OF FATIGUE AND ENVIRONMENTAL EFFECTS TO DRIVE MARKET 142 12.3 RECYCLED CARBON FIBER 142 12.3.1 GROWING ENVIRONMENTAL CONCERNS TO DRIVE MARKET 142 13 CARBON FIBER MARKET, BY APPLICATION 145 13.1 INTRODUCTION 146 13.2 COMPOSITES 147 13.2.1 RIGIDITY AND HIGH TENSILE STRENGTH TO FUEL DEMAND 147 13.2.2 PREPREGS 148 13.2.3 MOLDING COMPOUNDS 148 13.2.4 WOVEN FABRICS 148 13.3 NON-COMPOSITES 150 13.3.1 RISING DEMAND FOR EVS AND 3D PRINTING TO DRIVE MARKET 150 14 CARBON FIBER MARKET, BY END-USE INDUSTRY 152 14.1 INTRODUCTION 153 14.2 AEROSPACE & DEFENSE 156 14.2.1 MAJOR CONSUMER OF CARBON FIBER COMPOSITE MATERIALS 156 14.2.2 ROCKETS, SPACE VEHICLES, HABITATION EQUIPMENT 158 14.2.3 UMA (URBAN AIR MOBILITY) AND SMALL AIRCRAFT EQUIPMENT 159 14.3 WIND ENERGY 159 14.3.1 STEADY INCREASE IN GLOBAL WIND ENERGY INSTALLATION 159 14.4 AUTOMOTIVE 161 14.4.1 INCREASING ADOPTION OF CARBON FIBERS BY AUTOMOTIVE GIANTS TO DRIVE MARKET 161 14.4.2 INTERIOR COMPONENTS 162 14.4.3 EXTERIOR COMPONENTS 162 14.4.4 SMALL MOBILITY APPLICATION 164 14.5 PIPES 164 14.5.1 UNIQUE BLEND OF PROPERTIES TO DRIVE MARKET 164 14.6 SPORTING GOODS 166 14.6.1 INTEREST IN HIGHER PERFORMANCE AND SUSTAINABILITY TO DRIVE NEW CFRP MATERIALS IN SPORTING GOODS 166 14.7 MEDICAL & HEALTHCARE 168 14.7.1 SUSTENANCE UNDER EXTREME ENVIRONMENTAL CONDITIONS TO DRIVE MARKET 168 14.7.2 DIAGNOSTICS IMAGING 169 14.7.3 BODY IMPLANT, SURGICAL INSTRUMENTS, AND OTHERS 170 14.8 CONSTRUCTION & INFRASTRUCTURE 170 14.8.1 GROWTH IN CONSTRUCTION & INFRASTRUCTURE SEGMENT TO BOOST DEMAND 170 14.8.2 BUILDING INFRASTRUCTURE 172 14.8.3 CIVIL INFRASTRUCTURE 172 14.9 PRESSURE VESSELS 172 14.9.1 INCREASE IN DEMAND FOR TYPE IV CYLINDERS TO DRIVE MARKET 172 14.10 MARINE 174 14.10.1 GROWING MARINE APPLICATIONS TO DRIVE MARKET 174 14.11 OTHER END-USE INDUSTRIES 176 14.11.1 ELECTRICAL & ELECTRONICS 176 14.11.2 CABLES 177 14.11.3 MOLDING COMPOUNDS 177 15 CARBON FIBER MARKET, BY REGION 180 15.1 INTRODUCTION 181 15.2 EUROPE 183 15.2.1 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY 184 15.2.2 EUROPE: CARBON FIBER MARKET, BY COUNTRY 187 15.2.2.1 Germany 188 15.2.2.1.1 Strong automotive, aerospace, and renewable energy demand to drive market 188 15.2.2.2 France 191 15.2.2.2.1 Strong aerospace, EV, and renewable energy industries to drive market 191 15.2.2.3 UK 193 15.2.2.3.1 Growing demand for lightweight materials and offshore wind energy to drive market 193 15.2.2.4 Italy 196 15.2.2.4.1 Growing demand from automotive, wind energy, and advanced composites to drive market 196 15.2.2.5 Spain 198 15.2.2.5.1 Strong wind energy and aerospace demand to drive market 198 15.2.2.6 Rest of Europe 201 15.3 NORTH AMERICA 203 15.3.1 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY 204 15.3.2 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY 206 15.3.2.1 US 207 15.3.2.1.1 Presence of well-established industries to drive market 207 15.3.2.2 Canada 210 15.3.2.2.1 Presence of well-established aerospace industry to fuel demand 210 15.4 ASIA PACIFIC 212 15.4.1 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY 214 15.4.2 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY 216 15.4.2.1 Japan 217 15.4.2.1.1 Strong carbon fiber exports and advanced manufacturing to drive market 217 15.4.2.2 China 220 15.4.2.2.1 Strong EV, wind energy, and aerospace demand to drive market 220 15.4.2.3 Taiwan 222 15.4.2.3.1 Strong bicycle and advanced composites industries to drive market 222 15.4.2.4 South Korea 225 15.4.2.4.1 Strong automotive, hydrogen, and shipbuilding industries to drive market 225 15.4.2.5 Rest of Asia Pacific 227 15.5 MIDDLE EAST & AFRICA 230 15.5.1 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY 230 15.5.2 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY 232 15.5.2.1 GCC Countries 234 15.5.2.1.1 UAE 234 15.5.2.1.1.1 Regional hub for advanced composites and lightweight mobility 234 15.5.2.1.2 Saudi Arabia 237 15.5.2.1.2.1 High demand in pipes & pressure vessels industry 237 15.5.2.1.3 Rest of GCC Countries 240 15.5.2.2 South Africa 242 15.5.2.2.1 Strengthens position in wind energy and advanced composites 242 15.5.2.3 Rest of Middle East & Africa 244 15.6 LATIN AMERICA 247 15.6.1 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY 247 15.6.2 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY 249 15.6.2.1 Brazil 250 15.6.2.1.1 Key hub for aerospace, wind energy, and automotive composites 250 15.6.2.2 Mexico 253 15.6.2.2.1 Automotive and wind energy industries to be prominent consumers of carbon fiber 253 15.6.2.3 Rest of Latin America 255 16 COMPETITIVE LANDSCAPE 258 16.1 OVERVIEW 258 16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 258 16.3 REVENUE ANALYSIS 260 16.4 MARKET SHARE ANALYSIS 261 16.5 BRAND COMPARISON 263 16.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2025 265 16.6.1 STARS 265 16.6.2 EMERGING LEADERS 265 16.6.3 PERVASIVE PLAYERS 265 16.6.4 PARTICIPANTS 266 16.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2025 267 16.6.5.1 Company footprint 267 16.6.5.2 Region footprint 268 16.6.5.3 Raw material type footprint 269 16.6.5.4 Fiber type footprint 270 16.6.5.5 Modulus type footprint 271 16.6.5.6 Product type footprint 272 16.6.5.7 Application footprint 273 16.6.5.8 End-use industry footprint 274 16.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2025 275 16.7.1 PROGRESSIVE COMPANIES 275 16.7.2 RESPONSIVE COMPANIES 275 16.7.3 DYNAMIC COMPANIES 275 16.7.4 STARTING BLOCKS 275 16.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2025 276 16.7.5.1 Detailed list of key startups/SMEs 276 16.7.5.2 Competitive benchmarking of key startups/SMEs 277 16.8 COMPANY VALUATION AND FINANCIAL METRICS 279 16.9 COMPETITIVE SCENARIO 280 16.9.1 PRODUCT LAUNCHES 280 16.9.2 DEALS 282 16.9.3 EXPANSIONS 285 16.9.4 OTHER DEVELOPMENTS 289 17 COMPANY PROFILES 290 17.1 KEY COMPANIES 290 17.1.1 TORAY INDUSTRIES, INC. 290 17.1.1.1 Business overview 290 17.1.1.2 Products offered 291 17.1.1.3 Recent developments 293 17.1.1.3.1 Product launches 293 17.1.1.3.2 Deals 294 17.1.1.3.3 Expansions 294 17.1.1.3.4 Other developments 295 17.1.1.4 MnM view 296 17.1.1.4.1 Right to win 296 17.1.1.4.2 Strategic choices 296 17.1.1.4.3 Weaknesses and competitive threats 296 17.1.2 DOWAKSA 297 17.1.2.1 Business overview 297 17.1.2.2 Products offered 297 17.1.2.3 Recent developments 298 17.1.2.3.1 Deals 298 17.1.2.3.2 Expansions 298 17.1.2.4 MnM view 298 17.1.2.4.1 Right to win 298 17.1.2.4.2 Strategic choices 299 17.1.2.4.3 Weaknesses and competitive threats 299 17.1.3 MITSUBISHI CHEMICAL GROUP CORPORATION 300 17.1.3.1 Business overview 300 17.1.3.2 Products offered 301 17.1.3.3 Recent developments 302 17.1.3.3.1 Deals 302 17.1.3.3.2 Expansions 303 17.1.3.4 MnM view 304 17.1.3.4.1 Right to win 304 17.1.3.4.2 Strategic choices 304 17.1.3.4.3 Weaknesses and competitive threats 304 17.1.4 SYENSQO 305 17.1.4.1 Business overview 305 17.1.4.2 Products offered 306 17.1.4.3 Recent developments 307 17.1.4.3.1 Deals 307 17.1.4.4 MnM view 308 17.1.4.4.1 Right to win 308 17.1.4.4.2 Strategic choices 308 17.1.4.4.3 Weaknesses and competitive threats 308 17.1.5 TEIJIN LIMITED 309 17.1.5.1 Business overview 309 17.1.5.2 Products offered 310 17.1.5.3 Recent developments 311 17.1.5.3.1 Product launches 311 17.1.5.3.2 Deals 312 17.1.5.3.3 Expansions 312 17.1.5.3.4 Other developments 313 17.1.5.4 MnM view 313 17.1.5.4.1 Right to win 313 17.1.5.4.2 Strategic choices 313 17.1.5.4.3 Weaknesses and competitive threats 313 17.1.6 SGL CARBON 314 17.1.6.1 Business overview 314 17.1.6.2 Products offered 315 17.1.6.3 Recent developments 316 17.1.6.3.1 Deals 316 17.1.6.3.2 Expansions 316 17.1.6.4 MnM view 317 17.1.6.4.1 Right to win 317 17.1.6.4.2 Strategic choices 317 17.1.6.4.3 Weaknesses and competitive threats 317 17.1.7 HEXCEL CORPORATION 318 17.1.7.1 Business overview 318 17.1.7.2 Products offered 319 17.1.7.3 Recent developments 320 17.1.7.3.1 Product launches 320 17.1.7.3.2 Deals 320 17.1.7.3.3 Expansions 321 17.1.7.4 MnM view 321 17.1.7.4.1 Right to win 321 17.1.7.4.2 Strategic choices 321 17.1.7.4.3 Weaknesses and competitive threats 321 17.1.8 HS HYOSUNG ADVANCED MATERIALS 322 17.1.8.1 Business overview 322 17.1.8.2 Products offered 323 17.1.8.3 Recent developments 324 17.1.8.3.1 Product launches 324 17.1.8.3.2 Deals 325 17.1.8.3.3 Expansions 325 17.1.8.4 MnM view 326 17.1.8.4.1 Right to win 326 17.1.8.4.2 Strategic choices 326 17.1.8.4.3 Weaknesses and competitive threats 326 17.1.9 ZHONGFU SHENYING CARBON FIBER CO., LTD. 327 17.1.9.1 Business overview 327 17.1.9.2 Products offered 328 17.1.9.3 Recent developments 329 17.1.9.3.1 Product launches 329 17.1.9.3.2 Expansions 329 17.1.9.4 MnM view 330 17.1.9.4.1 Right to win 330 17.1.9.4.2 Strategic choices 330 17.1.9.4.3 Weaknesses and competitive threats 330 17.1.10 UMATEX 331 17.1.10.1 Business overview 331 17.1.10.2 Products offered 331 17.1.10.3 MnM view 332 17.1.10.3.1 Right to win 332 17.1.10.3.2 Strategic choices 332 17.1.10.3.3 Weaknesses and competitive threats 332 17.1.11 KUREHA CORPORATION 333 17.1.11.1 Business overview 333 17.1.11.2 Products offered 334 17.1.11.3 MnM view 334 17.1.11.3.1 Key strengths 334 17.1.11.3.2 Strategic choices 334 17.1.11.3.3 Weaknesses and competitive threats 334 17.1.12 OSAKA GAS CHEMICALS CO., LTD. 335 17.1.12.1 Business overview 335 17.1.12.2 Products offered 336 17.1.12.3 MnM view 336 17.1.12.3.1 Key strengths 336 17.1.12.3.2 Strategic choices 336 17.1.12.3.3 Weaknesses & competitive threats 336 17.1.13 JILIN CHEMICAL FIBER GROUP CO., LTD. 337 17.1.13.1 Business overview 337 17.1.13.2 Products offered 337 17.1.13.3 Recent developments 338 17.1.13.3.1 Deals 338 17.1.13.3.2 Expansions 338 17.1.13.4 MnM view 339 17.1.13.4.1 Key strengths 339 17.1.13.4.2 Strategic choices 339 17.1.13.4.3 Weaknesses & competitive threats 339 17.1.14 JIANGSU HENGSHEN CO., LTD. 340 17.1.14.1 Business overview 340 17.1.14.2 Products offered 340 17.1.14.3 Recent developments 341 17.1.14.3.1 Expansions 341 17.1.14.4 MnM view 341 17.1.14.4.1 Key strengths 341 17.1.14.4.2 Strategic choices 341 17.1.14.4.3 Weaknesses & competitive threats 341 17.1.15 CHINA NATIONAL BLUESTAR (GROUP) CO., LTD. 342 17.1.15.1 Business overview 342 17.1.15.2 Products offered 342 17.1.15.3 MnM view 343 17.1.15.3.1 Key strengths 343 17.1.15.3.2 Strategic choices 343 17.1.15.3.3 Weaknesses & competitive threats 343 17.2 OTHER PLAYERS 344 17.2.1 CHINA WEIHAI GUANGWEI COMPOSITES CO., LTD. 344 17.2.2 CHANGSHENG (LANGFANG) TECHNOLOGY CO., LTD. 345 17.2.3 JILIN JIYAN HIGH-TECH FIBER CO., LTD. 346 17.2.4 JILIN SHENZHOU CARBON FIBER CO., LTD. 347 17.2.5 ALFA CHEMISTRY 347 17.2.6 BCIRCULAR 348 17.2.7 VARTEGA INC. 349 17.2.8 FLINK INTERNATIONAL CO., LTD. 350 17.2.9 CHINA COMPOSITES GROUP CORPORATION LTD. 351 17.2.10 FORMOSA PLASTICS CORPORATION 352 17.2.11 NIPPON GRAPHITE FIBER CO., LTD. 353 17.2.12 NEWTECH GROUP CO., LTD. 353 17.2.13 ACE C&TECH CO., LTD. 354 17.2.14 PROCOTEX 355 17.2.15 CARBON CONVERSIONS 356 17.2.16 OAK RIDGE NATIONAL LABORATORY 357 18 RESEARCH METHODOLOGY 358 18.1 RESEARCH DATA 358 18.1.1 SECONDARY DATA 359 18.1.1.1 Key data from secondary sources 359 18.1.2 PRIMARY DATA 359 18.1.2.1 Key data from primary sources 360 18.1.2.2 Key primary interview participants 360 18.1.2.3 Breakdown of interviews with experts 361 18.1.2.4 Key industry insights 361 18.2 MARKET SIZE ESTIMATION 362 18.2.1 BOTTOM-UP APPROACH 362 18.2.2 TOP-DOWN APPROACH 362 18.3 BASE NUMBER CALCULATION 363 18.3.1 APPROACH 1: SUPPLY-SIDE ANALYSIS 363 18.3.2 APPROACH 2: DEMAND-SIDE ANALYSIS 363 18.4 FORECAST NUMBER CALCULATION 363 18.5 DATA TRIANGULATION 364 18.6 FACTOR ANALYSIS 365 18.7 RESEARCH ASSUMPTIONS 365 18.8 RESEARCH LIMITATIONS AND RISK ASSESSMENT 366 19 APPENDIX 367 19.1 DISCUSSION GUIDE 367 19.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 370 19.3 CUSTOMIZATION OPTIONS 372 19.4 RELATED REPORTS 372 19.5 AUTHOR DETAILS 373
圖表清單 List of Tables & Figures
TABLE 1 WIND POWER INSTALLATIONS (OFFSHORE), BY REGION, 2021–2024 (MW) 46 TABLE 2 NEW WIND POWER INSTALLATIONS (OFFSHORE), BY REGION, 2025–2034 (MW) 46 TABLE 3 CARBON FIBER MARKET: PORTER’S FIVE FORCES ANALYSIS 58 TABLE 4 GDP PERCENTAGE CHANGE, BY KEY COUNTRIES, 2022–2030 60 TABLE 5 TRENDS IN GLOBAL EV SALES 63 TABLE 6 TRENDS IN AEROSPACE & DEFENSE: GLOBAL AIRCRAFT DELIVERIES (2025) 63 TABLE 7 CARBON FIBER MARKET: ROLE IN ECOSYSTEM 66 TABLE 8 AVERAGE SELLING PRICE OF CARBON FIBER OFFERED BY KEY PLAYERS, BY END-USE INDUSTRY, 2025 (USD/KG) 68 TABLE 9 AVERAGE SELLING PRICE TREND OF CARBON FIBER, BY REGION, 2023–2025 (USD/KG) 69 TABLE 10 IMPORT DATA FOR HS CODE 681511-COMPLIANT PRODUCTS, 2022–2025 (USD THOUSAND) 70 TABLE 11 IMPORT DATA FOR HS CODE 681511-COMPLIANT PRODUCTS, 2022–2025 (TON) 72 TABLE 12 EXPORT DATA FOR HS CODE 681511-COMPLIANT PRODUCTS, 2022–2025 (USD THOUSAND) 73 TABLE 13 EXPORT DATA FOR HS CODE 681511-COMPLIANT PRODUCTS, 2022–2025 (TON) 75 TABLE 14 CARBON FIBER MARKET: KEY CONFERENCES AND EVENTS, 2026–2028 75 TABLE 15 TOP COUNTRY WITH RESPECTIVE TARIFF RATES 81 TABLE 16 EXPECTED CHANGE IN PRICES AND IMPACT ON END-USE MARKET DUE TO TARIFFS 82 TABLE 17 CARBON FIBER MARKET: TOTAL NUMBER OF PATENTS 94 TABLE 18 LIST OF PATENTS BY TORAY INDUSTRIES, INC. 97 TABLE 19 LIST OF PATENTS BY MITSUBISHI CHEMICAL GROUP CORPORATION 98 TABLE 20 LIST OF PATENTS BY CHINA PETROLEUM AND CHEMICAL CORPORATION 99 TABLE 21 TOP USE CASES AND MARKET POTENTIAL 102 TABLE 22 BEST PRACTICES: COMPANIES IMPLEMENTING USE CASES 103 TABLE 23 CARBON FIBER MARKET: CASE STUDIES RELATED TO GEN AI IMPLEMENTATION 104 TABLE 24 INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS 104 TABLE 25 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 107 TABLE 26 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 108 TABLE 27 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 109 TABLE 28 GLOBAL INDUSTRY STANDARDS IN CARBON FIBER MARKET 109 TABLE 29 CERTIFICATIONS, LABELING, ECO-STANDARDS IN CARBON FIBER MARKET 113 TABLE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY (%) 115 TABLE 31 KEY BUYING CRITERIA, BY END-USE INDUSTRY 116 TABLE 32 UNMET NEEDS IN CARBON FIBER MARKET BY END-USE INDUSTRY 118 TABLE 33 CARBON FIBER MARKET, BY RAW MATERIAL, 2023–2025 (USD MILLION) 123 TABLE 34 CARBON FIBER MARKET, BY RAW MATERIAL, 2023–2025 (KILOTON) 123 TABLE 35 CARBON FIBER MARKET, BY RAW MATERIAL, 2026–2031 (USD MILLION) 123 TABLE 36 CARBON FIBER MARKET, BY RAW MATERIAL, 2026–2031 (KILOTON) 123 TABLE 37 PAN-BASED CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 124 TABLE 38 PAN-BASED CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 124 TABLE 39 PAN-BASED CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 125 TABLE 40 PAN-BASED CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 125 TABLE 41 PITCH-BASED CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 127 TABLE 42 PITCH-BASED CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 127 TABLE 43 PITCH-BASED CARBON FIBER, BY REGION, 2026–2031 (USD MILLION) 127 TABLE 44 PITCH-BASED CARBON FIBER, BY REGION, 2026–2031 (KILOTON) 128 TABLE 45 CARBON FIBER MARKET, BY MODULUS, 2023–2025 (USD MILLION) 131 TABLE 46 CARBON FIBER MARKET, BY MODULUS, 2023–2025 (KILOTON) 131 TABLE 47 CARBON FIBER MARKET, BY MODULUS, 2026–2031 (USD MILLION) 131 TABLE 48 CARBON FIBER MARKET, BY MODULUS, 2026–2031 (KILOTON) 132 TABLE 49 CARBON FIBER MARKET, BY PRODUCT TYPE, 2023–2025 (USD MILLION) 134 TABLE 50 CARBON FIBER MARKET, BY PRODUCT TYPE, 2023–2025 (KILOTON) 134 TABLE 51 CARBON FIBER MARKET, BY PRODUCT TYPE, 2026–2031 (USD MILLION) 135 TABLE 52 CARBON FIBER MARKET, BY PRODUCT TYPE, 2026–2031 (KILOTON) 135 TABLE 53 CONTINUOUS CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 136 TABLE 54 CONTINUOUS CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 136 TABLE 55 CONTINUOUS CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 136 TABLE 56 CONTINUOUS CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 137 TABLE 57 LONG CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 138 TABLE 58 LONG CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 138 TABLE 59 LONG CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 138 TABLE 60 LONG CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 139 TABLE 61 SHORT CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 139 TABLE 62 SHORT CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 140 TABLE 63 SHORT CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 140 TABLE 64 SHORT CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 140 TABLE 65 CARBON FIBER MARKET, BY FIBER TYPE, 2023–2025 (USD MILLION) 143 TABLE 66 CARBON FIBER MARKET, BY FIBER TYPE, 2023–2025 (KILOTON) 144 TABLE 67 CARBON FIBER MARKET, BY FIBER TYPE, 2026–2031 (USD MILLION) 144 TABLE 68 CARBON FIBER MARKET, BY FIBER TYPE, 2026–2031 (KILOTON) 144 TABLE 69 CARBON FIBER MARKET, BY APPLICATION, 2023–2025 (USD MILLION) 146 TABLE 70 CARBON FIBER MARKET, BY APPLICATION, 2023–2025 (KILOTON) 146 TABLE 71 CARBON FIBER MARKET, BY APPLICATION, 2026–2031 (USD MILLION) 147 TABLE 72 CARBON FIBER MARKET, BY APPLICATION, 2026–2031 (KILOTON) 147 TABLE 73 COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 149 TABLE 74 COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 149 TABLE 75 COMPOSITES: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 149 TABLE 76 COMPOSITES: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 150 TABLE 77 NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 150 TABLE 78 NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 151 TABLE 79 NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 151 TABLE 80 NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 151 TABLE 81 CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 154 TABLE 82 CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 154 TABLE 83 CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 155 TABLE 84 CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 155 TABLE 85 NUMBER OF NEW COMMERCIAL AIRPLANE DELIVERIES, BY REGION, 2025–2044 156 TABLE 86 AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 157 TABLE 87 AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 157 TABLE 88 AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 157 TABLE 89 AEROSPACE & DEFENSE: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 158 TABLE 90 WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 160 TABLE 91 WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 160 TABLE 92 WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 160 TABLE 93 WIND ENERGY: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 161 TABLE 94 AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 162 TABLE 95 AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 163 TABLE 96 AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 163 TABLE 97 AUTOMOTIVE: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 163 TABLE 98 PIPES: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 164 TABLE 99 PIPES: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 165 TABLE 100 PIPES: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 165 TABLE 101 PIPES: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 165 TABLE 102 SPORTING GOODS: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 166 TABLE 103 SPORTING GOODS: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 166 TABLE 104 SPORTING GOODS: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 167 TABLE 105 SPORTING GOODS: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 167 TABLE 106 MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 168 TABLE 107 MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 168 TABLE 108 MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 169 TABLE 109 MEDICAL & HEALTHCARE: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 169 TABLE 110 CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 170 TABLE 111 CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 171 TABLE 112 CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 171 TABLE 113 CONSTRUCTION & INFRASTRUCTURE: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 171 TABLE 114 PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 173 TABLE 115 PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 173 TABLE 116 PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 173 TABLE 117 PRESSURE VESSELS: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 174 TABLE 118 MARINE: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 175 TABLE 119 MARINE: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 175 TABLE 120 MARINE: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 175 TABLE 121 MARINE: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 176 TABLE 122 OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 177 TABLE 123 OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 178 TABLE 124 OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 178 TABLE 125 OTHER END-USE INDUSTRIES: CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 178 TABLE 126 CARBON FIBER MARKET, BY REGION, 2023–2025 (USD MILLION) 182 TABLE 127 CARBON FIBER MARKET, BY REGION, 2023–2025 (KILOTON) 182 TABLE 128 CARBON FIBER MARKET, BY REGION, 2026–2031 (USD MILLION) 182 TABLE 129 CARBON FIBER MARKET, BY REGION, 2026–2031 (KILOTON) 183 TABLE 130 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 184 TABLE 131 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 185 TABLE 132 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 185 TABLE 133 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 186 TABLE 134 EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (USD MILLION) 187 TABLE 135 EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (KILOTON) 187 TABLE 136 EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (USD MILLION) 187 TABLE 137 EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (KILOTON) 188 TABLE 138 GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 189 TABLE 139 GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 189 TABLE 140 GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 190 TABLE 141 GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 190 TABLE 142 FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 191 TABLE 143 FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 192 TABLE 144 FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 192 TABLE 145 FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 193 TABLE 146 UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 194 TABLE 147 UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 194 TABLE 148 UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 195 TABLE 149 UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 195 TABLE 150 ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 196 TABLE 151 ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 197 TABLE 152 ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 197 TABLE 153 ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 198 TABLE 154 SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 199 TABLE 155 SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 199 TABLE 156 SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 200 TABLE 157 SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 200 TABLE 158 REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 201 TABLE 159 REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 202 TABLE 160 REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 202 TABLE 161 REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 203 TABLE 162 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 204 TABLE 163 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 205 TABLE 164 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 205 TABLE 165 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 206 TABLE 166 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (USD MILLION) 206 TABLE 167 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (KILOTON) 207 TABLE 168 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (USD MILLION) 207 TABLE 169 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (KILOTON) 207 TABLE 170 US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 208 TABLE 171 US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 208 TABLE 172 US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 209 TABLE 173 US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 209 TABLE 174 CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 210 TABLE 175 CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 211 TABLE 176 CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 211 TABLE 177 CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 212 TABLE 178 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 214 TABLE 179 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 214 TABLE 180 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 215 TABLE 181 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 215 TABLE 182 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (USD MILLION) 216 TABLE 183 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (KILOTON) 216 TABLE 184 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (USD MILLION) 216 TABLE 185 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (KILOTON) 217 TABLE 186 JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 218 TABLE 187 JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 218 TABLE 188 JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 219 TABLE 189 JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 219 TABLE 190 CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 220 TABLE 191 CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 221 TABLE 192 CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 221 TABLE 193 CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 222 TABLE 194 TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 223 TABLE 195 TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 223 TABLE 196 TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 224 TABLE 197 TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 224 TABLE 198 SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 225 TABLE 199 SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 226 TABLE 200 SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 226 TABLE 201 SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 227 TABLE 202 REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 228 TABLE 203 REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 228 TABLE 204 REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 229 TABLE 205 REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 229 TABLE 206 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 230 TABLE 207 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 231 TABLE 208 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 231 TABLE 209 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 232 TABLE 210 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (USD MILLION) 232 TABLE 211 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (KILOTON) 233 TABLE 212 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (USD MILLION) 233 TABLE 213 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (KILOTON) 233 TABLE 214 UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 234 TABLE 215 UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 235 TABLE 216 UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 235 TABLE 217 UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 236 TABLE 218 SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 237 TABLE 219 SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 238 TABLE 220 SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 238 TABLE 221 SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 239 TABLE 222 REST OF GCC COUNTRIES: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 240 TABLE 223 REST OF GCC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 240 TABLE 224 REST OF GCC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 241 TABLE 225 REST OF GCC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 241 TABLE 226 SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 242 TABLE 227 SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 243 TABLE 228 SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 243 TABLE 229 SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 244 TABLE 230 REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 245 TABLE 231 REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 245 TABLE 232 REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 246 TABLE 233 REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 246 TABLE 234 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 247 TABLE 235 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 248 TABLE 236 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 248 TABLE 237 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 249 TABLE 238 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (USD MILLION) 249 TABLE 239 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2025 (KILOTON) 249 TABLE 240 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (USD MILLION) 250 TABLE 241 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2026–2031 (KILOTON) 250 TABLE 242 BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 251 TABLE 243 BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 251 TABLE 244 BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 252 TABLE 245 BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 252 TABLE 246 MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 253 TABLE 247 MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 254 TABLE 248 MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 254 TABLE 249 MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 255 TABLE 250 REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (USD MILLION) 256 TABLE 251 REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2025 (KILOTON) 256 TABLE 252 REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (USD MILLION) 257 TABLE 253 REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2026–2031 (KILOTON) 257 TABLE 254 CARBON FIBER MARKET: KEY STRATEGIES ADOPTED BY MAJOR PLAYERS 258 TABLE 255 CARBON FIBER MARKET: DEGREE OF COMPETITION, 2025 262 TABLE 256 CARBON FIBER MARKET: REGION FOOTPRINT 268 TABLE 257 CARBON FIBER MARKET: RAW MATERIAL TYPE FOOTPRINT 269 TABLE 258 CARBON FIBER MARKET: FIBER TYPE FOOTPRINT 270 TABLE 259 CARBON FIBER MARKET: MODULUS FOOTPRINT 271 TABLE 260 CARBON FIBER MARKET: PRODUCT TYPE FOOTPRINT 272 TABLE 261 CARBON FIBER MARKET: APPLICATION FOOTPRINT 273 TABLE 262 CARBON FIBER MARKET: END-USE INDUSTRY FOOTPRINT 274 TABLE 263 CARBON FIBER MARKET: DETAILED LIST OF KEY STARTUPS/SMES 276 TABLE 264 CARBON FIBER MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (1/2) 277 TABLE 265 CARBON FIBER MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (2/2) 278 TABLE 266 CARBON FIBER MARKET: PRODUCT LAUNCHES, JANUARY 2020–MAY 2026 280 TABLE 267 CARBON FIBER MARKET: DEALS, JANUARY 2020–MAY 2026 282 TABLE 268 CARBON FIBER MARKET: EXPANSIONS, JANUARY 2020 – MAY 2026 285 TABLE 269 CARBON FIBER MARKET: OTHER DEVELOPMENTS, JANUARY 2020 – MAY 2026 289 TABLE 270 TORAY INDUSTRIES, INC.: COMPANY OVERVIEW 290 TABLE 271 TORAY INDUSTRIES, INC.: PRODUCTS OFFERED 291 TABLE 272 TORAY INDUSTRIES, INC.: PRODUCT LAUNCHES 293 TABLE 273 TORAY INDUSTRIES, INC.: DEALS 294 TABLE 274 TORAY INDUSTRIES, INC.: EXPANSIONS 294 TABLE 275 TORAY INDUSTRIES, INC.: OTHER DEVELOPMENTS 295 TABLE 276 DOWAKSA: COMPANY OVERVIEW 297 TABLE 277 DOWAKSA: PRODUCTS OFFERED 297 TABLE 278 DOWAKSA: DEALS 298 TABLE 279 DOWAKSA: EXPANSIONS 298 TABLE 280 MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY OVERVIEW 300 TABLE 281 MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCTS OFFERED 301 TABLE 282 MITSUBISHI CHEMICAL GROUP CORPORATION: DEALS 302 TABLE 283 MITSUBISHI CHEMICAL GROUP CORPORATION: EXPANSIONS 303 TABLE 284 SYENSQO: COMPANY OVERVIEW 305 TABLE 285 SYENSQO: PRODUCTS OFFERED 306 TABLE 286 SYENSQO: DEALS 307 TABLE 287 TEIJIN LIMITED: COMPANY OVERVIEW 309 TABLE 288 TEIJIN LIMITED: PRODUCTS OFFERED 310 TABLE 289 TEIJIN LIMITED: PRODUCT LAUNCHES 311 TABLE 290 TEIJIN LIMITED: DEALS 312 TABLE 291 TEIJIN LIMITED: EXPANSIONS 312 TABLE 292 TEIJIN LIMITED: OTHER DEVELOPMENTS 313 TABLE 293 SGL CARBON: COMPANY OVERVIEW 314 TABLE 294 SGL CARBON: PRODUCTS OFFERED 315 TABLE 295 SGL CARBON: DEALS 316 TABLE 296 SGL CARBON: EXPANSIONS 316 TABLE 297 HEXCEL CORPORATION: COMPANY OVERVIEW 318 TABLE 298 HEXCEL CORPORATION: PRODUCTS OFFERED 319 TABLE 299 HEXCEL CORPORATION: PRODUCT LAUNCHES 320 TABLE 300 HEXCEL CORPORATION: DEALS 320 TABLE 301 HEXCEL CORPORATION: EXPANSIONS 321 TABLE 302 HS HYOSUNG ADVANCED MATERIALS: COMPANY OVERVIEW 322 TABLE 303 HS HYOSUNG ADVANCED MATERIALS: PRODUCTS OFFERED 323 TABLE 304 HS HYOSUNG ADVANCED MATERIALS: PRODUCT LAUNCHES 324 TABLE 305 HS HYOSUNG ADVANCED MATERIALS: DEALS 325 TABLE 306 HS HYOSUNG ADVANCED MATERIALS: EXPANSIONS 325 TABLE 307 ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY OVERVIEW 327 TABLE 308 ZHONGFU SHENYING CARBON FIBER CO., LTD.: PRODUCTS OFFERED 328 TABLE 309 ZHONGFU SHENYING CARBON FIBER CO., LTD.: PRODUCT LAUNCHES 329 TABLE 310 ZHONGFU SHENYING CARBON FIBER CO., LTD.: EXPANSIONS 329 TABLE 311 UMATEX: COMPANY OVERVIEW 331 TABLE 312 UMATEX: PRODUCTS OFFERED 331 TABLE 313 KUREHA CORPORATION: COMPANY OVERVIEW 333 TABLE 314 KUREHA CORPORATION: PRODUCTS OFFERED 334 TABLE 315 OSAKA GAS CHEMICALS CO., LTD.: COMPANY OVERVIEW 335 TABLE 316 OSAKA GAS CHEMICALS CO., LTD.: PRODUCTS OFFERED 336 TABLE 317 JILIN CHEMICAL FIBER GROUP CO., LTD.: COMPANY OVERVIEW 337 TABLE 318 JILIN CHEMICAL FIBER GROUP CO., LTD.: PRODUCTS OFFERED 337 TABLE 319 JILIN CHEMICAL FIBER GROUP CO., LTD.: DEALS 338 TABLE 320 JILIN CHEMICAL FIBER GROUP CO., LTD.: EXPANSIONS 338 TABLE 321 JIANGSU HENGSHEN CO., LTD.: COMPANY OVERVIEW 340 TABLE 322 JIANGSU HENGSHEN CO., LTD.: PRODUCTS OFFERED 340 TABLE 323 JIANGSU HENGSHEN CO., LTD.: EXPANSIONS 341 TABLE 324 CHINA NATIONAL BLUESTAR (GROUP) CO, LTD.: COMPANY OVERVIEW 342 TABLE 325 CHINA NATIONAL BLUESTAR (GROUP) CO, LTD.: PRODUCTS OFFERED 342 TABLE 326 CHINA WEIHAI GUANGWEI COMPOSITES CO., LTD.: COMPANY OVERVIEW 344 TABLE 327 CHANGSHENG (LANGFANG) TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 345 TABLE 328 JILIN JIYAN HIGH-TECH FIBER CO., LTD.: COMPANY OVERVIEW 346 TABLE 329 JILIN SHENZHOU CARBON FIBER CO., LTD.: COMPANY OVERVIEW 347 TABLE 330 ALFA CHEMISTRY: COMPANY OVERVIEW 347 TABLE 331 BCIRCULAR: COMPANY OVERVIEW 348 TABLE 332 VARTEGA INC.: COMPANY OVERVIEW 349 TABLE 333 FLINK INTERNATIONAL CO., LTD.: COMPANY OVERVIEW 350 TABLE 334 CHINA COMPOSITES GROUP CORPORATION LTD.: COMPANY OVERVIEW 351 TABLE 335 FORMOSA PLASTICS CORPORATION: COMPANY OVERVIEW 352 TABLE 336 NIPPON GRAPHITE FIBER CO., LTD.: COMPANY OVERVIEW 353 TABLE 337 NEWTECH GROUP CO., LTD.: COMPANY OVERVIEW 353 TABLE 338 ACE C&TECH CO., LTD.: COMPANY OVERVIEW 354 TABLE 339 PROCOTEX: COMPANY OVERVIEW 355 TABLE 340 CARBON CONVERSIONS: COMPANY OVERVIEW 356 TABLE 341 OAK RIDGE NATIONAL LABORATORY: COMPANY OVERVIEW 357 TABLE 342 LIST OF PRIMARY INTERVIEW PARTICIPANTS 360 FIGURE 1 CARBON FIBER MARKET: SEGMENTATION AND REGIONAL SCOPE 30 FIGURE 2 KEY INSIGHTS AND MARKET HIGHLIGHTS 34 FIGURE 3 GLOBAL CARBON FIBER MARKET, 2025–2031 35 FIGURE 4 MAJOR STRATEGIES ADOPTED BY KEY PLAYERS IN CARBON FIBER MARKET (2020–2026) 35 FIGURE 5 DISRUPTIVE TRENDS IMPACTING GROWTH OF CARBON FIBER MARKET 36 FIGURE 6 HIGH-GROWTH SEGMENTS AND EMERGING FRONTIERS IN CARBON FIBER MARKET 37 FIGURE 7 ASIA PACIFIC TO BE FASTEST-GROWING REGION IN CARBON FIBER MARKET 38 FIGURE 8 HIGH DEMAND IN AEROSPACE & DEFENSE AND WIND ENERGY INDUSTRIES TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 39 FIGURE 9 AEROSPACE & DEFENSE SEGMENT AND EUROPE ACCOUNTED FOR LARGEST MARKET SHARE OF CARBON FIBER IN 2025 40 FIGURE 10 PAN-BASED CARBON FIBER SEGMENT TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 40 FIGURE 11 COMPOSITES SEGMENT LEADING MARKET DURING FORECAST PERIOD 41 FIGURE 12 STANDARD MODULUS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 41 FIGURE 13 VIRGIN CARBON FIBER ACCOUNTED FOR LARGEST MARKET SHARE IN 2025 41 FIGURE 14 CONTINUOUS CARBON FIBER SEGMENT TO REGISTER HIGHEST CAGR DURING PROJECTED PERIOD 42 FIGURE 15 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 42 FIGURE 16 CARBON FIBER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 44 FIGURE 17 CARBON FIBER MARKET: PORTER’S FIVE FORCES ANALYSIS 58 FIGURE 18 TRENDS IN WIND ENERGY: MARKET STATUS 2024, OFFSHORE WIND 64 FIGURE 19 CARBON FIBER MARKET: SUPPLY CHAIN ANALYSIS 65 FIGURE 20 CARBON FIBER MARKET: KEY STAKEHOLDERS IN ECOSYSTEM 66 FIGURE 21 AVERAGE SELLING PRICE TREND OF CARBON FIBER, BY REGION, 2023–2025 (USD/KG) 68 FIGURE 22 IMPORT SCENARIO FOR HS CODE 681511-COMPLIANT PRODUCTS, BY KEY COUNTRIES, 2022–2025 70 FIGURE 23 IMPORT SCENARIO FOR HS CODE 681511-COMPLIANT PRODUCTS, BY KEY COUNTRIES, 2022–2025 71 FIGURE 24 EXPORT SCENARIO FOR HS CODE 681511-COMPLIANT PRODUCTS, BY KEY COUNTRIES, 2022–2025 72 FIGURE 25 EXPORT SCENARIO FOR HS CODE 681511-COMPLIANT PRODUCTS, BY KEY COUNTRIES, 2022–2025 74 FIGURE 26 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS 77 FIGURE 27 CARBON FIBER MARKET: INVESTMENT AND FUNDING SCENARIO, 2022–2025 78 FIGURE 28 PATENT ANALYSIS, BY DOCUMENT TYPE 95 FIGURE 29 PATENT PUBLICATION TREND, 2016−2026 95 FIGURE 30 CARBON FIBER MARKET: LEGAL STATUS OF PATENTS 96 FIGURE 31 CHINA DOMINATES IN PATENT ACTIVITY BETWEEN 2016 AND 2026 96 FIGURE 32 TORAY INDUSTRIES, INC. REGISTERED HIGHEST NUMBER OF PATENTS 97 FIGURE 33 FUTURE APPLICATIONS 100 FIGURE 34 CARBON FIBER MARKET: DECISION-MAKING FACTORS 114 FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY 115 FIGURE 36 KEY BUYING CRITERIA, BY END-USE INDUSTRY 116 FIGURE 37 ADOPTION BARRIERS & INTERNAL CHALLENGES 117 FIGURE 38 PAN-BASED CARBON FIBER MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 122 FIGURE 39 STANDARD MODULUS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 131 FIGURE 40 CONTINUOUS CARBON FIBER SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 134 FIGURE 41 RECYCLED CARBON FIBER SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 143 FIGURE 42 COMPOSITES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 146 FIGURE 43 PRESSURE VESSELS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 153 FIGURE 44 CHINA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 181 FIGURE 45 EUROPE: CARBON FIBER MARKET SNAPSHOT 184 FIGURE 46 NORTH AMERICA: CARBON FIBER MARKET SNAPSHOT 204 FIGURE 47 ASIA PACIFIC: CARBON FIBER MARKET SNAPSHOT 213 FIGURE 48 CARBON FIBER MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2020–2024 260 FIGURE 49 CARBON FIBER MARKET SHARE ANALYSIS, 2025 261 FIGURE 50 CARBON FIBER MARKET: BRAND COMPARISON 264 FIGURE 51 CARBON FIBER MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2025 266 FIGURE 52 CARBON FIBER MARKET: COMPANY FOOTPRINT 267 FIGURE 53 CARBON FIBER MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2025 276 FIGURE 54 CARBON FIBER MARKET: EV/EBITDA OF KEY MANUFACTURERS 279 FIGURE 55 CARBON FIBER MARKET: ENTERPRISE VALUATION OF KEY PLAYERS, 2026 279 FIGURE 56 TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT 291 FIGURE 57 MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY SNAPSHOT 301 FIGURE 58 SYENSQO: COMPANY SNAPSHOT 306 FIGURE 59 TEIJIN LIMITED: COMPANY SNAPSHOT 310 FIGURE 60 SGL CARBON: COMPANY SNAPSHOT 315 FIGURE 61 HEXCEL CORPORATION: COMPANY SNAPSHOT 319 FIGURE 62 HS HYOSUNG ADVANCED MATERIALS: COMPANY SNAPSHOT 323 FIGURE 63 ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY SNAPSHOT 328 FIGURE 64 KUREHA CORPORATION: COMPANY SNAPSHOT 333 FIGURE 65 OSAKA GAS CHEMICALS CO., LTD.: COMPANY SNAPSHOT 335 FIGURE 66 CARBON FIBER MARKET: RESEARCH DESIGN 358 FIGURE 67 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH & TOP-DOWN APPROACH 362 FIGURE 68 CARBON FIBER MARKET: DATA TRIANGULATION 364

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