According to our (Global Info Research) latest study, the global CFRP Body and Components for NEVs market size was valued at US$ 10091 million in 2025 and is forecast to a readjusted size of US$ 26352 million by 2032 with a CAGR of 14.6% during review period.
Carbon fiber reinforced composites (CFRPs) possess exceptional physical properties: 30% lighter than aluminum and 50% lighter than steel, yet 7 to 9 times stronger. They were initially used in high-tech fields such as aerospace and military. The industry widely recognizes CFRP as the best method for reducing the weight of new energy vehicles. The application of carbon fiber can reduce vehicle weight by 30% to 60%, earning it the title of "King of Lightweighting" and making it a leader in the "slimming revolution" of new energy vehicles, playing a crucial role in automotive lightweighting. CFRP Body and Components for NEVs refer to lightweight, high-strength components manufactured by combining carbon fiber reinforcement with a resin matrix. These components include the vehicle's load-bearing structure, such as the body frame, door frames, roof panels, floor panels, chassis supports, and external body panels, as well as internal structural supports, battery and powertrain coverings, and functional modules. CFRP components aim to significantly reduce overall vehicle weight, improve energy efficiency and range, enhance vehicle collision safety and structural integrity, while also enabling flexibility in complex structural and styling designs. These components are specifically designed for electric vehicles (EVs), plug-in hybrid electric vehicles (PHEVs), and hydrogen fuel cell electric vehicles (FCEVs), providing key lightweight and performance solutions for next-generation new energy vehicles. The global CFRP Body and Components for NEVs market is projected to produce approximately 65,378 tons in 2025, with an average price of approximately US$150,000 per ton and a gross margin of approximately 35%–40%.
Carbon fiber reinforced polymers (CFRP) possess outstanding physical properties: they are 30% lighter than aluminum and 50% lighter than steel, while their strength is 7 to 9 times that of steel. Originally applied in aerospace, aviation, and high-tech military industries, CFRP is widely recognized as the most effective solution for reducing the weight of new energy vehicles. The use of carbon fiber can reduce vehicle weight by 30%–60%, earning it the reputation of the “King of Lightweighting” and positioning it as a leader in the “slimming revolution” of new energy vehicles, playing a critical role in automotive lightweight design.
In recent years, with the continuous growth of global new energy vehicle sales and lightweighting strategies becoming a key path for improving vehicle efficiency and driving range, the market for CFRP body and structural components for NEVs has gained significant development opportunities. Thanks to their extremely high strength-to-weight ratio and excellent durability, carbon fiber materials are increasingly applied in key areas such as vehicle body structures, chassis components, and functional modules. At the same time, stringent government regulations on emissions and energy efficiency are promoting the adoption of lightweight materials, further driving market expansion. Moreover, technological innovations that optimize manufacturing processes and reduce costs are enabling CFRP body and structural components to gain a competitive advantage in an increasingly intense market.
This report is a detailed and comprehensive analysis for global CFRP Body and Components for NEVs 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 CFRP Body and Components for NEVs market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global CFRP Body and Components for NEVs market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global CFRP Body and Components for NEVs market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global CFRP Body and Components for NEVs market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 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 CFRP Body and Components for NEVs
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 CFRP Body and Components for NEVs 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 Röchling(DE), Toray Advanced Composites (ZOLTEK Corporation)(JP), Hexcel(US), CSP (Teijin Automotive Technologies)(US), Mubea(DE), Carbon Revolution (AU), Voith(DE), Formaplex Technologies(Unipart)(UK), Hankuk Carbon(KR), Hyosung(KR), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
CFRP Body and Components for NEVs 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
Structural Components
Body and Body Parts
Under-the-hood Components
Interior Trim Components
Other
Market segment by Process
Compression Molding (RTM)
Hot Pressing (SMC, DMC, BMC)
Other Processes
Market segment by Sales
OEM
Aftermarket
Market segment by Fiber Modulus
Standard Modulus (T300–T400)
Intermediate Modulus (T500–T700)
High Modulus (T800–T1000)
Others
Market segment by Application
Electric Vehicles (EVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
Hydrogen Fuel Cell Electric Vehicles (FCEVs)
Major players covered
Röchling(DE)
Toray Advanced Composites (ZOLTEK Corporation)(JP)
Hexcel(US)
CSP (Teijin Automotive Technologies)(US)
Mubea(DE)
Carbon Revolution (AU)
Voith(DE)
Formaplex Technologies(Unipart)(UK)
Hankuk Carbon(KR)
Hyosung(KR)
Rockman Industries (Moldex Composites)(IN)
Anhui Jialiqi Advanced Composites Technology Co., Ltd(CN)
Advanced Technik Composite Corp.(CN)
Nanjing Julong Science & Technology Co.,Ltd.(CN)
Shandong Shuangyi Technology Co., Ltd.(CN)
Weihai Guangwei Composite Materials Co., Ltd. (CN)
Zhongfu Shenying Carbon Fiber Co., Ltd.(CN)
Jiangsu Hengshen Co., Ltd.(CN)
Sichuan Xinwanxing Carbon Fiber Composite Materials Co., Ltd(CN)
Jilin Chemical Fiber Group(CN)
Baowu Carbon Technology Co., Ltd.(CN)
Boscfrp(CN)
Xianning Haiwei Composite Materials Co., Ltd. (LonghuaTechnology)(CN)
Sinofibers Technology Ltd.(CN)
Jiangsu Hengrui CARBON FIBER Technology Co., Ltd. (HRC Group)(CN)
Zhejiang Jinggong Integrated Technology Co., Ltd.(CN)
Anhui Shenjian New Materials Co.,Ltd(CN)
Shenzhen WOTE Advanced Materials Co.,Ltd.(CN)
Guangdong Kitech New Material Holding Co., Ltd.(CN)
Kingfa Sci.&Tech. Co.,Ltd.(CN)
Cotesa China Composites Co., Ltd.(CN)
Kangde Xin Composite Material Group Co., Ltd.(CN)
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 CFRP Body and Components for NEVs product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of CFRP Body and Components for NEVs, with price, sales quantity, revenue, and global market share of CFRP Body and Components for NEVs from 2021 to 2026.
Chapter 3, the CFRP Body and Components for NEVs competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the CFRP Body and Components for NEVs 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 CFRP Body and Components for NEVs 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 CFRP Body and Components for NEVs.
Chapter 14 and 15, to describe CFRP Body and Components for NEVs sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on CFRP Body and Components for NEVs. Industry analysis & Market Report on CFRP Body and Components for NEVs is a syndicated market report, published as Global CFRP Body and Components for NEVs Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of CFRP Body and Components for NEVs market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.