Market Overview:
The latest report published by VynZ Research, Global Carbon Fiber Market – Analysis And Forecast (2025-2030), offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global carbon fiber market is expected to grow at a reasonably high CAGR of 10.9% from its valuation of USD 5.18 billion in 2023 to reach 10.68 billion by 2030 during the forecast period ranging from 2025 to 2030. Carbon fiber is known to be lightweight material. It is strong and high in endurance quotient due to the strong carbon filaments. It is also durable, temperature tolerant, and corrosion resistant. As a result, it is extensively used in aerospace, automotive, and sports equipment. The growth of the global carbon fiber market is attributed to the significant transformation of the automotive industry, expanding renewable energy sector, and rising air travel which drives the demand for aircraft. However, the high cost of carbon fiber restricts its use in SMEs and budget-sensitive industries but the market has strong significant growth opportunities in the automotive sector due to the growing demand for lightweight and fuel-efficient vehicles.
Growth Drivers
The primary factors that influence the growth of the global carbon fiber market is the growing emphasis on carbon emissions and environmental concerns. In addition, strict government regulations are also driving the demand for sustainable products, thereby boosting the growth of the global carbon fiber market. Furthermore, ability of the material to enhance performance and fuel efficiency in defense and aerospace sectors due to higher strength-to-weight ratio, propels market growth. Other significant growth factors of the market include the expansion of the automotive industry, developments in material science, higher R&D initiatives, growth of renewable energy sector, and supportive government policies and subsidies.
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Carbon Fiber Market 2025-2030 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the Carbon Fiber Market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Key Market Segmentation:
Product Type Insight and Forecast 2025-2030
Continuous
Long
Short
Raw Material Insight and Forecast 2025-2030
PAN-based
Pitch Based
Rayon Based
Fiber Type Insight and Forecast 2025-2030
Virgin
Recycled
Modulus Insight and Forecast 2025-2030
Standard
Intermediate
High
Application Insight and Forecast 2025-2030
Composite
Prepreg
Woven Fabric
Molding Compound
Non-Composite
End Use Insight and Forecast 2025-2030
Aerospace & Defence
Automotive
Wind Energy
Sporting Goods
Electrical & Electronics
Civil Engineering
Pipes & Tanks
Marine
Others
Explore Full Report with TOC & List of Figure:
Key Highlights of the Report:
Market Performance (2018-2023)
Base Year 2024
Market Outlook (2025-2030)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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