Global Carbon Fiber and CFRP Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Carbon Fiber and CFRP Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 Carbon Fiber
- 1.3.3 CFRP
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Carbon Fiber and CFRP Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 1.4.2 Aerospace and Defense
- 1.4.3 Sports/Leisure
- 1.4.4 Wind Energy
- 1.4.5 Pressure Vessel
- 1.4.6 Automotive
- 1.4.7 Other
- 1.5 Global Carbon Fiber and CFRP Market Size & Forecast
- 1.5.1 Global Carbon Fiber and CFRP Consumption Value (2021 & 2025 & 2032)
- 1.5.2 Global Carbon Fiber and CFRP Sales Quantity (2021-2032)
- 1.5.3 Global Carbon Fiber and CFRP Average Price (2021-2032)
2 Manufacturers Profiles
- 2.1 Toray
- 2.1.1 Toray Details
- 2.1.2 Toray Major Business
- 2.1.3 Toray Carbon Fiber and CFRP Product and Services
- 2.1.4 Toray Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.1.5 Toray Recent Developments/Updates
- 2.2 MCCFC
- 2.2.1 MCCFC Details
- 2.2.2 MCCFC Major Business
- 2.2.3 MCCFC Carbon Fiber and CFRP Product and Services
- 2.2.4 MCCFC Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.2.5 MCCFC Recent Developments/Updates
- 2.3 Teijin
- 2.3.1 Teijin Details
- 2.3.2 Teijin Major Business
- 2.3.3 Teijin Carbon Fiber and CFRP Product and Services
- 2.3.4 Teijin Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.3.5 Teijin Recent Developments/Updates
- 2.4 Hexcel
- 2.4.1 Hexcel Details
- 2.4.2 Hexcel Major Business
- 2.4.3 Hexcel Carbon Fiber and CFRP Product and Services
- 2.4.4 Hexcel Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.4.5 Hexcel Recent Developments/Updates
- 2.5 Hyosung Advanced Materials
- 2.5.1 Hyosung Advanced Materials Details
- 2.5.2 Hyosung Advanced Materials Major Business
- 2.5.3 Hyosung Advanced Materials Carbon Fiber and CFRP Product and Services
- 2.5.4 Hyosung Advanced Materials Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.5.5 Hyosung Advanced Materials Recent Developments/Updates
- 2.6 SGL Carbon
- 2.6.1 SGL Carbon Details
- 2.6.2 SGL Carbon Major Business
- 2.6.3 SGL Carbon Carbon Fiber and CFRP Product and Services
- 2.6.4 SGL Carbon Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.6.5 SGL Carbon Recent Developments/Updates
- 2.7 Formosa Plastics
- 2.7.1 Formosa Plastics Details
- 2.7.2 Formosa Plastics Major Business
- 2.7.3 Formosa Plastics Carbon Fiber and CFRP Product and Services
- 2.7.4 Formosa Plastics Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.7.5 Formosa Plastics Recent Developments/Updates
- 2.8 DowAksa
- 2.8.1 DowAksa Details
- 2.8.2 DowAksa Major Business
- 2.8.3 DowAksa Carbon Fiber and CFRP Product and Services
- 2.8.4 DowAksa Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.8.5 DowAksa Recent Developments/Updates
- 2.9 Syensqo
- 2.9.1 Syensqo Details
- 2.9.2 Syensqo Major Business
- 2.9.3 Syensqo Carbon Fiber and CFRP Product and Services
- 2.9.4 Syensqo Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.9.5 Syensqo Recent Developments/Updates
- 2.10 UMATEX
- 2.10.1 UMATEX Details
- 2.10.2 UMATEX Major Business
- 2.10.3 UMATEX Carbon Fiber and CFRP Product and Services
- 2.10.4 UMATEX Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.10.5 UMATEX Recent Developments/Updates
- 2.11 Taekwang Industrial
- 2.11.1 Taekwang Industrial Details
- 2.11.2 Taekwang Industrial Major Business
- 2.11.3 Taekwang Industrial Carbon Fiber and CFRP Product and Services
- 2.11.4 Taekwang Industrial Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.11.5 Taekwang Industrial Recent Developments/Updates
- 2.12 Zhongfu Shenying
- 2.12.1 Zhongfu Shenying Details
- 2.12.2 Zhongfu Shenying Major Business
- 2.12.3 Zhongfu Shenying Carbon Fiber and CFRP Product and Services
- 2.12.4 Zhongfu Shenying Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.12.5 Zhongfu Shenying Recent Developments/Updates
- 2.13 Jilin Chemical Fiber
- 2.13.1 Jilin Chemical Fiber Details
- 2.13.2 Jilin Chemical Fiber Major Business
- 2.13.3 Jilin Chemical Fiber Carbon Fiber and CFRP Product and Services
- 2.13.4 Jilin Chemical Fiber Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.13.5 Jilin Chemical Fiber Recent Developments/Updates
- 2.14 Baowu Carbon
- 2.14.1 Baowu Carbon Details
- 2.14.2 Baowu Carbon Major Business
- 2.14.3 Baowu Carbon Carbon Fiber and CFRP Product and Services
- 2.14.4 Baowu Carbon Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.14.5 Baowu Carbon Recent Developments/Updates
- 2.15 Weihai Guangwei Composites
- 2.15.1 Weihai Guangwei Composites Details
- 2.15.2 Weihai Guangwei Composites Major Business
- 2.15.3 Weihai Guangwei Composites Carbon Fiber and CFRP Product and Services
- 2.15.4 Weihai Guangwei Composites Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.15.5 Weihai Guangwei Composites Recent Developments/Updates
- 2.16 Sinofibers Technology
- 2.16.1 Sinofibers Technology Details
- 2.16.2 Sinofibers Technology Major Business
- 2.16.3 Sinofibers Technology Carbon Fiber and CFRP Product and Services
- 2.16.4 Sinofibers Technology Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.16.5 Sinofibers Technology Recent Developments/Updates
- 2.17 Jiangsu Hengshen
- 2.17.1 Jiangsu Hengshen Details
- 2.17.2 Jiangsu Hengshen Major Business
- 2.17.3 Jiangsu Hengshen Carbon Fiber and CFRP Product and Services
- 2.17.4 Jiangsu Hengshen Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.17.5 Jiangsu Hengshen Recent Developments/Updates
- 2.18 Newtech Group
- 2.18.1 Newtech Group Details
- 2.18.2 Newtech Group Major Business
- 2.18.3 Newtech Group Carbon Fiber and CFRP Product and Services
- 2.18.4 Newtech Group Carbon Fiber and CFRP Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.18.5 Newtech Group Recent Developments/Updates
3 Competitive Environment: Carbon Fiber and CFRP by Manufacturer
- 3.1 Global Carbon Fiber and CFRP Sales Quantity by Manufacturer (2021-2026)
- 3.2 Global Carbon Fiber and CFRP Revenue by Manufacturer (2021-2026)
- 3.3 Global Carbon Fiber and CFRP Average Price by Manufacturer (2021-2026)
- 3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of Carbon Fiber and CFRP by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 Carbon Fiber and CFRP Manufacturer Market Share in 2025
- 3.4.3 Top 6 Carbon Fiber and CFRP Manufacturer Market Share in 2025
- 3.5 Carbon Fiber and CFRP Market: Overall Company Footprint Analysis
- 3.5.1 Carbon Fiber and CFRP Market: Region Footprint
- 3.5.2 Carbon Fiber and CFRP Market: Company Product Type Footprint
- 3.5.3 Carbon Fiber and CFRP Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Carbon Fiber and CFRP Market Size by Region
- 4.1.1 Global Carbon Fiber and CFRP Sales Quantity by Region (2021-2032)
- 4.1.2 Global Carbon Fiber and CFRP Consumption Value by Region (2021-2032)
- 4.1.3 Global Carbon Fiber and CFRP Average Price by Region (2021-2032)
- 4.2 North America Carbon Fiber and CFRP Consumption Value (2021-2032)
- 4.3 Europe Carbon Fiber and CFRP Consumption Value (2021-2032)
- 4.4 Asia-Pacific Carbon Fiber and CFRP Consumption Value (2021-2032)
- 4.5 South America Carbon Fiber and CFRP Consumption Value (2021-2032)
- 4.6 Middle East & Africa Carbon Fiber and CFRP Consumption Value (2021-2032)
5 Market Segment by Type
- 5.1 Global Carbon Fiber and CFRP Sales Quantity by Type (2021-2032)
- 5.2 Global Carbon Fiber and CFRP Consumption Value by Type (2021-2032)
- 5.3 Global Carbon Fiber and CFRP Average Price by Type (2021-2032)
6 Market Segment by Application
- 6.1 Global Carbon Fiber and CFRP Sales Quantity by Application (2021-2032)
- 6.2 Global Carbon Fiber and CFRP Consumption Value by Application (2021-2032)
- 6.3 Global Carbon Fiber and CFRP Average Price by Application (2021-2032)
7 North America
- 7.1 North America Carbon Fiber and CFRP Sales Quantity by Type (2021-2032)
- 7.2 North America Carbon Fiber and CFRP Sales Quantity by Application (2021-2032)
- 7.3 North America Carbon Fiber and CFRP Market Size by Country
- 7.3.1 North America Carbon Fiber and CFRP Sales Quantity by Country (2021-2032)
- 7.3.2 North America Carbon Fiber and CFRP Consumption Value by Country (2021-2032)
- 7.3.3 United States Market Size and Forecast (2021-2032)
- 7.3.4 Canada Market Size and Forecast (2021-2032)
- 7.3.5 Mexico Market Size and Forecast (2021-2032)
8 Europe
- 8.1 Europe Carbon Fiber and CFRP Sales Quantity by Type (2021-2032)
- 8.2 Europe Carbon Fiber and CFRP Sales Quantity by Application (2021-2032)
- 8.3 Europe Carbon Fiber and CFRP Market Size by Country
- 8.3.1 Europe Carbon Fiber and CFRP Sales Quantity by Country (2021-2032)
- 8.3.2 Europe Carbon Fiber and CFRP Consumption Value by Country (2021-2032)
- 8.3.3 Germany Market Size and Forecast (2021-2032)
- 8.3.4 France Market Size and Forecast (2021-2032)
- 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
- 8.3.6 Russia Market Size and Forecast (2021-2032)
- 8.3.7 Italy Market Size and Forecast (2021-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Carbon Fiber and CFRP Sales Quantity by Type (2021-2032)
- 9.2 Asia-Pacific Carbon Fiber and CFRP Sales Quantity by Application (2021-2032)
- 9.3 Asia-Pacific Carbon Fiber and CFRP Market Size by Region
- 9.3.1 Asia-Pacific Carbon Fiber and CFRP Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific Carbon Fiber and CFRP Consumption Value by Region (2021-2032)
- 9.3.3 China Market Size and Forecast (2021-2032)
- 9.3.4 Japan Market Size and Forecast (2021-2032)
- 9.3.5 South Korea Market Size and Forecast (2021-2032)
- 9.3.6 India Market Size and Forecast (2021-2032)
- 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
- 9.3.8 Australia Market Size and Forecast (2021-2032)
10 South America
- 10.1 South America Carbon Fiber and CFRP Sales Quantity by Type (2021-2032)
- 10.2 South America Carbon Fiber and CFRP Sales Quantity by Application (2021-2032)
- 10.3 South America Carbon Fiber and CFRP Market Size by Country
- 10.3.1 South America Carbon Fiber and CFRP Sales Quantity by Country (2021-2032)
- 10.3.2 South America Carbon Fiber and CFRP Consumption Value by Country (2021-2032)
- 10.3.3 Brazil Market Size and Forecast (2021-2032)
- 10.3.4 Argentina Market Size and Forecast (2021-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Carbon Fiber and CFRP Sales Quantity by Type (2021-2032)
- 11.2 Middle East & Africa Carbon Fiber and CFRP Sales Quantity by Application (2021-2032)
- 11.3 Middle East & Africa Carbon Fiber and CFRP Market Size by Country
- 11.3.1 Middle East & Africa Carbon Fiber and CFRP Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa Carbon Fiber and CFRP Consumption Value by Country (2021-2032)
- 11.3.3 Turkey Market Size and Forecast (2021-2032)
- 11.3.4 Egypt Market Size and Forecast (2021-2032)
- 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
- 11.3.6 South Africa Market Size and Forecast (2021-2032)
12 Market Dynamics
- 12.1 Carbon Fiber and CFRP Market Drivers
- 12.2 Carbon Fiber and CFRP Market Restraints
- 12.3 Carbon Fiber and CFRP Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Carbon Fiber and CFRP and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Carbon Fiber and CFRP
- 13.3 Carbon Fiber and CFRP Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Carbon Fiber and CFRP Typical Distributors
- 14.3 Carbon Fiber and CFRP Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Carbon Fiber and CFRP market size was valued at US$ 14130 million in 2025 and is forecast to a readjusted size of US$ 33050 million by 2032 with a CAGR of 13.1% during review period.
Carbon fiber is a high-performance material composed of thin, strong crystalline filaments of carbon atoms. It is known for its exceptional strength-to-weight ratio, high stiffness, corrosion resistance, and excellent fatigue properties. These properties make it a preferred choice for applications where lightweight and high strength are critical.
Carbon fiber is produced through the controlled pyrolysis of precursor materials such as polyacrylonitrile (PAN) and pitch. The resulting fiber is woven into fabrics or combined with resins to form carbon fiber reinforced polymer (CFRP), which is widely used in various industries.
Intensified Competition: The market is dominated by major players such as Toray, MCCFC, Hexcel, and Teijin. At the same time, new players are entering the market, increasing competition in the large tow carbon fiber segment.
Improved Manufacturing Processes: Advanced resin transfer molding (RTM), 3D weaving, and AI-assisted material design enhance production efficiency.
Cost Reduction Efforts: Manufacturers are investing in new production techniques like low-cost precursors (lignin-based, bio-based), automated fiber placement (AFP), and optimized resin infusion techniques.
Growing Demand from Aerospace and Automotive Industries: The aerospace sector increasingly adopts carbon fiber to reduce aircraft weight and improve fuel efficiency. The automotive industry is accelerating carbon fiber adoption, particularly in EVs and high-performance sports cars.
Renewable Energy Expansion: Wind energy is a significant driver, as larger wind turbine blades (over 100 meters) require high-strength carbon fiber composites for durability and weight reduction.
Rising Demand in Infrastructure and Construction: The use of carbon fiber-reinforced concrete (CFRC) in earthquake-resistant buildings and bridges is increasing due to its high durability and corrosion resistance.
This report is a detailed and comprehensive analysis for global Carbon Fiber and CFRP 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 2025, are provided.
Key Features:
Global Carbon Fiber and CFRP market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2021-2032
Global Carbon Fiber and CFRP market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2021-2032
Global Carbon Fiber and CFRP market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2021-2032
Global Carbon Fiber and CFRP market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/kg), 2021-2026
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 and CFRP
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 and CFRP market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toray, MCCFC, Teijin, Hexcel, Hyosung Advanced Materials, SGL Carbon, Formosa Plastics, DowAksa, Syensqo, UMATEX, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Carbon Fiber and CFRP market is split by Type and by Application. For the period 2021-2032, 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
Carbon Fiber
CFRP
Market segment by Application
Aerospace and Defense
Sports/Leisure
Wind Energy
Pressure Vessel
Automotive
Other
Major players covered
Toray
MCCFC
Teijin
Hexcel
Hyosung Advanced Materials
SGL Carbon
Formosa Plastics
DowAksa
Syensqo
UMATEX
Taekwang Industrial
Zhongfu Shenying
Jilin Chemical Fiber
Baowu Carbon
Weihai Guangwei Composites
Sinofibers Technology
Jiangsu Hengshen
Newtech Group
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 and CFRP product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carbon Fiber and CFRP, with price, sales quantity, revenue, and global market share of Carbon Fiber and CFRP from 2021 to 2026.
Chapter 3, the Carbon Fiber and CFRP competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carbon Fiber and CFRP breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
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 2021 to 2026.and Carbon Fiber and CFRP market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Carbon Fiber and CFRP.
Chapter 14 and 15, to describe Carbon Fiber and CFRP sales channel, distributors, customers, research findings and conclusion.