According to our (Global Info Research) latest study, the global Mesophase Pitch-Based Carbon Fiber market size was valued at US$ 1071 million in 2025 and is forecast to a readjusted size of US$ 1663 million by 2032 with a CAGR of 6.6% during review period.
Mesophase pitch-based carbon fibers are a type of high-performance carbon fibers that are derived from a specific precursor material called mesophase pitch. Mesophase pitch is a liquid crystalline substance that forms when certain petroleum or coal tar pitches are heated and undergo a thermal transformation.
Mesophase pitch-based carbon fibers are known for their excellent mechanical properties, including high tensile strength, high modulus of elasticity, and low thermal expansion. They exhibit superior strength-to-weight ratio compared to other types of carbon fibers, making them suitable for applications where lightweight and high-strength materials are required.
Mesophase pitch-based carbon fibers have a series of excellent properties such as high specific modulus, high specific strength, good thermal conductivity, corrosion resistance, creep resistance, low thermal expansion coefficient, high temperature resistance, and electromagnetic shielding.
The Mesophase Pitch-Based Carbon Fiber market is experiencing robust growth, largely driven by its increasing use in high-performance applications across industries such as aerospace, defense, and automotive. Known for its superior strength-to-weight ratio, high thermal conductivity, and excellent stiffness, mesophase pitch-based carbon fiber is in high demand for manufacturing lightweight and durable components, particularly in aerospace structures and high-end automotive parts. The shift towards electric vehicles (EVs) and the emphasis on lightweighting to improve fuel efficiency and battery performance are further fueling the demand for these advanced carbon fibers. Additionally, as space exploration and defense initiatives expand, the need for lightweight, heat-resistant materials is pushing the adoption of mesophase pitch-based carbon fiber.
In the energy sector, particularly in wind turbine production, the use of mesophase pitch-based carbon fiber is becoming more prevalent due to its mechanical strength and ability to withstand extreme conditions. The market is also growing in Asia-Pacific, where rapid industrialization, infrastructure development, and increased investments in high-tech manufacturing drive the demand for advanced materials. Efforts to improve production efficiency and reduce the cost of mesophase pitch-based carbon fiber are underway, supported by investments in R&D to make it more accessible for broader applications. With ongoing advancements and a focus on sustainability in manufacturing processes, the market for mesophase pitch-based carbon fiber is poised for significant expansion in the coming years.
This report is a detailed and comprehensive analysis for global Mesophase Pitch-Based Carbon Fiber market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Mesophase Pitch-Based Carbon Fiber market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2021-2032
Global Mesophase Pitch-Based Carbon Fiber market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2021-2032
Global Mesophase Pitch-Based Carbon Fiber market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2021-2032
Global Mesophase Pitch-Based Carbon Fiber market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/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 Mesophase Pitch-Based Carbon Fiber
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Mesophase Pitch-Based Carbon Fiber 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 Solvay, Nippon Graphite Fiber, Mitsubishi Chemical, Liaoning Novcarb, Jining Carbon Group, Zhongli New Materials, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Mesophase Pitch-Based Carbon Fiber 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
Chopped Fiber
Continuous Fiber
Market segment by Application
Aerospace & Defense
Industrial Manufacturing
Electronic Products
Others
Major players covered
Solvay
Nippon Graphite Fiber
Mitsubishi Chemical
Liaoning Novcarb
Jining Carbon Group
Zhongli New Materials
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 Mesophase Pitch-Based Carbon Fiber product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Mesophase Pitch-Based Carbon Fiber, with price, sales quantity, revenue, and global market share of Mesophase Pitch-Based Carbon Fiber from 2021 to 2026.
Chapter 3, the Mesophase Pitch-Based Carbon Fiber competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Mesophase Pitch-Based Carbon Fiber 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 Mesophase Pitch-Based Carbon Fiber 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 Mesophase Pitch-Based Carbon Fiber.
Chapter 14 and 15, to describe Mesophase Pitch-Based Carbon Fiber sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Mesophase Pitch-Based Carbon Fiber. Industry analysis & Market Report on Mesophase Pitch-Based Carbon Fiber is a syndicated market report, published as Global Mesophase Pitch-Based Carbon Fiber Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Mesophase Pitch-Based Carbon Fiber market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.