According to our (Global Info Research) latest study, the global Carbon Fiber Reinforced Composite (CFRP) market size was valued at US$ 7702 million in 2025 and is forecast to a readjusted size of US$ 15190 million by 2032 with a CAGR of 10.2% during review period.
In 2025, global production of carbon fiber reinforced polymer (CFRP) reached 130,968 tons, with an average selling price of US$57.2 per kilogram. Global annual production capacity of CFRP is approximately 200,000 tons, with a gross profit margin of approximately 20.2%. CFRP is a composite material made by impregnation, molding, and curing processes using carbon fiber as the reinforcing phase and a polymer matrix (usually resins such as epoxy resins or polyester resins) as the matrix. Carbon fiber provides high strength and high modulus, as well as low density; the resin matrix binds the carbon fiber bundles or fabric together, transferring loads, protecting the fibers, and imparting formability to the material. CFRP combines the excellent mechanical properties of fibers with the processability of the matrix, exhibiting a high strength-to-weight ratio, excellent rigidity, corrosion resistance, and fatigue performance. It is widely used in aerospace, automotive, wind power, and sporting goods industries, but its cost is relatively high and its production and recycling processes are complex. The upstream of the carbon fiber reinforced polymer (CFRP) industry chain includes polyacrylonitrile, asphalt and viscose fiber, the midstream is carbon fiber reinforced polymer (CFRP) manufacturers, and the downstream is mainly the automotive, aerospace and military and sports industries.
The industry trend for Carbon Fiber Reinforced Composites (CFRP) is experiencing sustained growth and diversification. CFRP's remarkable properties, including its lightweight nature and high strength, have led to its increased adoption in industries like aerospace and automotive, where weight reduction and fuel efficiency are paramount. Advances in manufacturing processes, such as automated lay-up and 3D printing, are improving the cost-effectiveness and scalability of CFRP production. Additionally, sustainability is gaining prominence, with efforts to develop recyclable or bio-based CFRP materials. As industries seek to optimize performance while minimizing environmental impact, CFRP is likely to remain a key player in advanced materials.
This report is a detailed and comprehensive analysis for global Carbon Fiber Reinforced Composite (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 Reinforced Composite (CFRP) market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2021-2032
Global Carbon Fiber Reinforced Composite (CFRP) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2021-2032
Global Carbon Fiber Reinforced Composite (CFRP) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2021-2032
Global Carbon Fiber Reinforced Composite (CFRP) market shares of main players, shipments in revenue ($ 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 Reinforced Composite (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 Reinforced Composite (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, Mitsubishi Chemical, Teijin, Hexcel, Syensqo, SGL Carbon, Baowu Carbon, Saertex, Hyosung, Aksa Carbon, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Carbon Fiber Reinforced Composite (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
Thermoplastic Carbon Fibre Composite Materials
Thermosetting Carbon Fibre Composite Materials
Market segment by Carbon Fiber Types
Polyacrylonitrile-Based Carbon Fiber Composites
Pitch-Based Carbon Fiber Composites
Viscose-Based Carbon Fiber Composites
Market segment by Carbon Fiber Morphology
Continuous Fiber Composites
Short Fiber Composites
Medium- And Long Fiber Composites
Market segment by Application
Automobile
Aerospace and Military
Sports
Wind Turbine
Others
Major players covered
Toray
Mitsubishi Chemical
Teijin
Hexcel
Syensqo
SGL Carbon
Baowu Carbon
Saertex
Hyosung
Aksa Carbon
Ensinger
Weihai Guangwei Composites
Jiangsu Hengshen
Zhongfu Shenying
Sinofibers Technology
Jilin Chemical Fibre
Avic Aviation High Technology
Newtech Group
Jinggong Technology
K.SAKAI&Co.,LTD
CompLam Material
TSUDAKOMA
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 Reinforced Composite (CFRP) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carbon Fiber Reinforced Composite (CFRP), with price, sales quantity, revenue, and global market share of Carbon Fiber Reinforced Composite (CFRP) from 2021 to 2026.
Chapter 3, the Carbon Fiber Reinforced Composite (CFRP) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carbon Fiber Reinforced Composite (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 Reinforced Composite (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 Reinforced Composite (CFRP).
Chapter 14 and 15, to describe Carbon Fiber Reinforced Composite (CFRP) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Carbon Fiber Reinforced Composite (CFRP). Industry analysis & Market Report on Carbon Fiber Reinforced Composite (CFRP) is a syndicated market report, published as Global Carbon Fiber Reinforced Composite (CFRP) Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Carbon Fiber Reinforced Composite (CFRP) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.