Please Wait.....
Report
CF & CFRP Market by Precursor Type (PAN, Pitch), Source, Resin Type, Manufacturing Process (Lay-Up, Compression Molding, Resin Transfer Molding, Filament Winding, Injection Molding, Pultrusion), End-use Industry, and Region - Forecast to 2030
Market Report I 2025-07-04 I 364 Pages I MarketsandMarkets
The CFRP market is estimated at USD 22.48 billion in 2025 and is projected to reach USD 35.55 billion by 2030, at a CAGR of 9.6% from 2025 to 2030. Pitch precursor accounted for the second-largest share due to its unique combination of properties and the growing demand in high-performance industries. While polyacrylonitrile (PAN) remains the dominant precursor, pitch-based carbon fibers derived from petroleum-based pitch offer superior mechanical properties and high thermal stability. They possess excellent tensile strength, exceeding 5 GPa, which is comparable to steel. Moreover, their specific stiffness is twice that of aluminum, making them ideal for lightweight applications. Pitch carbon fibers exhibit exceptional resistance to corrosion, chemicals, and extreme temperatures, enabling their use in demanding environments. Their high thermal conductivity ensures efficient heat dissipation, making them suitable for heat-sensitive applications.
https://www.marketsandmarkets.com/Images/carbon-fiber-composites-market-Overview.webp
''In terms of value, virgin carbon fiber accounted for the largest share of the overall CF market.''
The virgin segment accounted for the largest market share due to its exceptional properties, including its lightweight structure, stiffness, and chemical resistance, which make it indispensable in end-use industries like aerospace & defense, automotive, wind energy, and sporting goods. These industries rely on lightweight materials for improved fuel performance in aircraft and vehicles. The use of virgin carbon fiber is preferred due to its established manufacturing processes and consistent quality, which are critical for high-performance applications. While recycled carbon fiber is gaining traction as a sustainable alternative, virgin carbon fiber remains dominant because of its outstanding mechanical properties and versatile use in structural components.
''In terms of value, thermoplastic accounted for the second-largest share of the overall CFRP market.''
Thermoplastic resin accounted for the second-largest market share in the overall CFRP market. Thermoplastic CFRPs offer high impact resistance, shorter processing times, recyclability, and easier storage, which makes them increasingly attractive for industries seeking cost-effective and sustainable solutions. These properties are particularly beneficial in end-use industries like automotive and aerospace & defense, where rapid production, lightweighting, and environmental considerations are critical. Advancements in thermoplastic resin technology have further improved their mechanical performance, allowing them to compete more closely with thermosetting CFRPs and driving their adoption in various applications.
''In terms of value, filament winding process accounted for the second-largest share of the overall CFRP market.''
Filament winding accounted for the second-largest share of the overall CF & CFRP market. In the filament winding process, a rotating mandrel serves as a mold to create an inner surface and a laminate surface outside the product. This process achieves a high degree of fiber loading, resulting in laminates with a high strength-to-weight ratio. It manufactures hollow or circular components such as compressed air tanks, high-pressure CO2 tanks & bottles, water softener systems, rescue air tanks, sailboat masts, CNG tanks, light poles, and other construction materials. This automated method is utilized to produce highly engineered structures, ensuring uniformity, precision, and efficient production with minimal waste.
"The Sporting Goods industry is projected to be the second-fastest-growing end-use industry during the forecast period."
The sporting goods industry is expected to register the second-fastest growth in the CFRP market during the forecast period. As demand for lightweight, high-performance equipment enhances athletic performance and user experience, the need for CFRP is increasing. The excellent strength-to-weight ratio of CFRP enables manufacturers to create products such as bicycles, tennis racquets, golf clubs, skis, and hockey sticks that are both lightweight and stronger than those made from traditional materials. The rise in professional sports, increasing consumer interest in fitness, and expanding sponsorships and media coverage have further fueled this demand, prompting manufacturers to continuously innovate and adopt CFRP technologies. Advancements in CFRP production technology have improved product durability and made these materials more accessible to a broader range of sporting activities goods.
"North America is projected to register the highest growth rate in the CFRP market during the forecast period."
North America is projected to be the fastest-growing region in the CFRP market during the forecast period. The North American market will see significant growth in the coming years due to a rising demand for wind energy projects, which has driven the need for more efficient and durable CFRP materials for wind turbine blades. CFRP can help achieve these objectives by reducing weight, enhancing corrosion resistance, and improving performance. The region is continually investing in research & development to meet evolving market demands and regulatory requirements. For instance, there is a growing demand for CFRP products in US from automotive sector for manufacturing lightweight electric vehicles, thereby contributing to environmental sustainability while reducing carbon emissions. This has led to the development of new CFRP manufacturing processes and products, such as using recycled materials or producing lightweight materials that can enhance fuel efficiency in vehicles.
This study has been validated through primary interviews with industry experts globally. The primary sources have been divided into the following three categories:
- By Company Type: Tier 1 - 40%, Tier 2 - 33%, and Tier 3 - 27%
- By Designation: C-level - 50%, Director-level - 30%, and Managers - 20%
- By Region: North America - 15%, Europe - 50%, Asia Pacific - 20%, the Middle East & Africa - 5%, and Latin America - 10%
The report provides a comprehensive analysis of the following companies:
Prominent companies in this market include Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Corporation (Japan), Hexcel Corporation (US), Syensqo (Belgium), SGL Carbon (Germany), HS Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Fiber Co., Ltd. (China), Kureha Corporation (Japan), DowAksa (Turkey), Weihai Guangwei Composite Materials Co., Ltd. (China), UMATEX (Russia), Jilin Chemical Fiber Group Co., Ltd. (China), Jiangsu Hengshen Co., Ltd. (China), and China National Bluestar (Group) Co., Ltd. (China).
Research coverage
This research report categorizes the CF & CFRP market by precursor type (PAN and pitch), source (virgin and recycled), resin type (thermosetting and thermoplastic), manufacturing process (lay-up, compression molding, resin transfer molding, filament winding, injection molding, and pultrusion), end-use industry (aerospace & defense, automotive, wind energy, pipe & tank, sporting goods, civil engineering, medical, marine, and electrical & electronics), and region (North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America). The scope of the report includes detailed information about the major factors influencing the growth of the CF & CFRP market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions and services, key strategies, and recent developments in the CF & CFRP market are all covered. This report includes a competitive analysis of upcoming startups in the CF & CFRP market ecosystem.
Reasons to buy this report:
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall CF & CFRP market and the subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (growth in manufacturing of satellite parts, high demand from aerospace & defense industry, rising adoption in automobile applications due to stringent eco-friendly regulations, increased use in wind energy industry, and rising demand for regular tow carbon in pressure vessels), restraints (high production cost, lack of standardization in manufacturing technologies, and damage repair and compatibility issues), opportunities (increased investments in the development of low-cost coal-based carbon fibers, potential opportunities in new applications, increasing demand for fuel cell electric vehicles (FCEVs), increasing use in 3D printing, advancements in carbon fiber recycling technologies), and challenges (production of low-cost carbon fiber, capital-intensive production and complex manufacturing processes, and recyclability issues) influencing the growth of the CF & CFRP market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and service launches in the CF & CFRP market.
- Market Development: Comprehensive information about lucrative markets the report analyses the CF & CFRP market across varied regions.
- Market Diversification: Exhaustive information about services, untapped geographies, recent developments, and investments in the CF & CFRP market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Corporation (Japan), Hexcel Corporation (US), Syensqo (Belgium), SGL Carbon (Germany), HS Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Fiber Co., Ltd. (China), Kureha Corporation (Japan), DowAksa (Turkey), Weihai Guangwei Composite Materials Co., Ltd. (China), UMATEX (Russia), Jilin Chemical Fiber Group Co., Ltd. (China), Jiangsu Hengshen Co., Ltd. (China), and China National Bluestar (Group) Co., Ltd. (China) in the CF & CFRP market.
1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION 30
1.3 STUDY SCOPE 31
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 31
1.3.2 INCLUSIONS & EXCLUSIONS OF STUDY 32
1.3.3 YEARS CONSIDERED 33
1.3.4 CURRENCY CONSIDERED 33
1.3.5 UNIT CONSIDERED 33
1.4 STAKEHOLDERS 33
1.5 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 36
2.1.2 PRIMARY DATA 37
2.1.2.1 Key data from primary sources 37
2.1.2.2 Key primary participants 37
2.1.2.3 Breakdown of primary interviews 38
2.1.2.4 Key industry insights 38
2.2 MARKET SIZE ESTIMATION 38
2.2.1 BOTTOM-UP APPROACH 39
2.2.2 TOP-DOWN APPROACH 39
2.3 BASE NUMBER CALCULATION 40
2.3.1 APPROACH 1: SUPPLY-SIDE ANALYSIS 40
2.3.2 APPROACH 2: DEMAND-SIDE ANALYSIS 40
2.4 MARKET FORECAST APPROACH 41
2.4.1 SUPPLY SIDE 41
2.4.2 DEMAND SIDE 41
2.5 DATA TRIANGULATION 41
2.6 FACTOR ANALYSIS 43
2.7 RESEARCH ASSUMPTIONS 43
2.8 RESEARCH LIMITATIONS AND RISK ASSESSMENT 44
3 EXECUTIVE SUMMARY 45
?
4 PREMIUM INSIGHTS 50
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CF & CFRP MARKET 50
4.2 CFRP MARKET, BY END-USE INDUSTRY AND REGION 51
4.3 CF MARKET, BY PRECURSOR 51
4.4 CF MARKET, BY SOURCE 52
4.5 CFRP MARKET, BY RESIN TYPE 52
4.6 CFRP MARKET, BY MANUFACTURING PROCESS 53
4.7 CFRP MARKET, BY END-USE INDUSTRY 53
4.8 CFRP MARKET, BY KEY COUNTRY 54
5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
5.2 MARKET DYNAMICS 55
5.2.1 DRIVERS 56
5.2.1.1 Growth in manufacturing of satellite parts 56
5.2.1.2 High usage in aerospace & defense industry 56
5.2.1.3 Rising adoption in automobile applications due to stringent
eco-friendly regulations 57
5.2.1.4 Increased use in wind energy industry 57
5.2.1.5 Rising demand for regular tow carbon in pressure vessels 58
5.2.2 RESTRAINTS 59
5.2.2.1 High production cost 59
5.2.2.2 Lack of standardization in manufacturing technologies 59
5.2.2.3 Damage repair and compatibility issues 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Increased investments in development of low-cost coal-based carbon fibers 59
5.2.3.2 Potential opportunities in new applications 60
5.2.3.3 Increasing demand for fuel cell electric vehicles 60
5.2.3.4 Increasing use in 3D printing 61
5.2.3.5 Advancements in carbon fiber recycling technologies 61
5.2.4 CHALLENGES 61
5.2.4.1 Production of low-cost carbon fiber 61
5.2.4.2 Capital-intensive production and complex manufacturing process 61
5.2.4.3 Recyclability issues 62
5.3 PORTER'S FIVE FORCES ANALYSIS 62
5.3.1 THREAT OF NEW ENTRANTS 63
5.3.2 THREAT OF SUBSTITUTES 63
5.3.3 BARGAINING POWER OF SUPPLIERS 63
5.3.4 BARGAINING POWER OF BUYERS 63
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 64
?
5.4 KEY STAKEHOLDERS AND BUYING CRITERIA 64
5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS 64
5.4.2 BUYING CRITERIA 65
5.5 SUPPLY CHAIN ANALYSIS 66
5.6 ECOSYSTEM ANALYSIS 67
5.7 PRICING ANALYSIS 68
5.7.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS,
BY END-USE INDUSTRY, 2024 68
5.7.2 AVERAGE SELLING PRICE, BY SOURCE 70
5.7.3 AVERAGE SELLING PRICE, BY PRECURSOR TYPE 70
5.7.4 AVERAGE SELLING PRICE, BY END-USE INDUSTRY 70
5.7.5 AVERAGE SELLING PRICE, BY REGION 70
5.8 VALUE CHAIN ANALYSIS 71
5.9 TRADE ANALYSIS 72
5.9.1 EXPORT SCENARIO (HS CODE 681511) 72
5.9.2 IMPORT SCENARIO (HS CODE 681511) 73
5.10 TECHNOLOGY ANALYSIS 74
5.10.1 KEY TECHNOLOGIES FOR CFRP MANUFACTURING PROCESSES 74
5.10.1.1 Rapid integrated molding technology 74
5.10.1.2 Vacuum-assisted resin transfer molding 74
5.10.1.3 Out of autoclave technology 75
5.10.2 COMPLEMENTARY TECHNOLOGIES FOR MANUFACTURING CFRP 75
5.10.2.1 Automated fiber placement 75
5.10.2.2 3D printing 75
5.11 IMPACT OF AI/GEN AI ON CF & CFRP MARKET 76
5.11.1 TOP USE CASES AND MARKET POTENTIAL 76
5.11.2 BEST PRACTICES IN CF & CFRP MARKET 76
5.11.3 CASE STUDIES OF AI IMPLEMENTATION IN CF & CFRP MARKET 77
5.12 MACROECONOMIC OUTLOOK 77
5.12.1 INTRODUCTION 77
5.12.2 GDP TRENDS AND FORECAST 77
5.12.3 TRENDS IN GLOBAL AEROSPACE & DEFENSE INDUSTRY 79
5.12.4 TRENDS IN GLOBAL WIND ENERGY INDUSTRY 79
5.12.5 TRENDS IN GLOBAL AUTOMOTIVE INDUSTRY 79
5.13 PATENT ANALYSIS 80
5.13.1 INTRODUCTION 80
5.13.2 METHODOLOGY 80
5.13.3 PATENT TYPES 80
5.13.4 INSIGHTS 81
5.13.5 LEGAL STATUS 82
5.13.6 JURISDICTION ANALYSIS 82
5.13.7 TOP APPLICANTS 83
5.14 REGULATORY LANDSCAPE 85
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
5.15 KEY CONFERENCES AND EVENTS, 2025-2026 87
5.16 CASE STUDY ANALYSIS 88
5.16.1 MITSUBISHI'S DEVELOPMENT OF CARBON FIBER-REINFORCED PLASTICS FOR STRUCTURAL AIRCRAFT PARTS 88
5.16.2 SGL CARBON'S CLIMATE-FRIENDLY CARBON FIBER TO REVOLUTIONIZE SUSTAINABLE MANUFACTURING 89
5.16.3 TRUE TEMPER SPORTS PARTNERS WITH HEXCEL CORPORATION FOR FIRST GOLF SHAFT LINE 89
5.17 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 90
5.18 INVESTMENT AND FUNDING SCENARIO 91
5.19 IMPACT OF 2025 US TARIFF - CF & CFRP MARKET 91
5.19.1 INTRODUCTION 91
5.19.2 KEY TARIFF RATES 92
5.19.3 PRICE IMPACT ANALYSIS 93
5.19.4 IMPACTS ON COUNTRY/REGION 94
5.19.4.1 US 94
5.19.4.2 Europe 95
5.19.4.3 Asia Pacific 97
5.19.5 IMPACT ON END-USE INDUSTRIES 99
6 CFRP MARKET, BY RESIN TYPE 100
6.1 INTRODUCTION 101
6.2 THERMOSETTING 102
6.2.1 SUPERIOR RESISTANCE TO HIGH TEMPERATURES TO PROPEL MARKET 102
6.2.2 EPOXY 105
6.2.2.1 Increasing demand for epoxy resins from high-end applications, such as aerospace & defense, to propel market 105
6.2.3 VINYL ESTER 105
6.2.3.1 Increased application in transportation, marine, & pipe & tank industries to drive market 105
6.2.4 POLYESTER 105
6.2.4.1 High strength, high rigidity, low temperature impact resistance, and good electrical properties to drive adoption 105
6.2.5 OTHER THERMOSETTING RESINS 106
6.3 THERMOPLASTIC 106
6.3.1 EASY RECYCLABILITY TO DRIVE ADOPTION 106
6.3.2 POLYETHERETHERKETONE (PEEK) 109
6.3.2.1 Extensive use in aerospace & defense applications to drive market 109
6.3.3 POLYAMIDE (PA) 109
6.3.3.1 Resistance to wear, heat, and chemicals, and good friction to support market growth 109
6.3.4 POLYPROPYLENE (PP) 109
6.3.4.1 Significant demand in automotive applications to drive market 109
6.3.5 OTHER THERMOPLASTIC RESINS 109
7 CF MARKET, BY PRECURSOR TYPE 110
7.1 INTRODUCTION 111
7.2 POLYACRYLONITRILE-BASED CARBON FIBERS 112
7.2.1 EXTENSIVE USE OF STRUCTURAL MATERIAL COMPOSITES IN AEROSPACE & DEFENSE INDUSTRY TO DRIVE MARKET 112
7.2.2 PAN-BASED CARBON FIBER, BY TOW SIZE 112
7.2.2.1 Small tow (<24K) 113
7.2.2.1.1 Small tow carbon fiber finds major applications in aerospace industry 113
7.2.2.2 Large tow (>24K) 113
7.2.2.2.1 Wind energy major application of large tow carbon fiber 113
7.3 PITCH-BASED CARBON FIBER 114
7.3.1 INCREASED USE IN APPLICATIONS REQUIRING HIGH THERMAL CONDUCTIVITY AND ELECTRIC CONDUCTIVITY TO DRIVE MARKET 114
7.3.2 PITCH-BASED CARBON FIBER, BY TOW SIZE 114
8 CF MARKET, BY SOURCE 116
8.1 INTRODUCTION 117
8.2 VIRGIN CARBON FIBER 118
8.2.1 BETTER THERMAL AND MECHANICAL PROPERTIES TO DRIVE MARKET 118
8.3 RECYCLED CARBON FIBER 120
8.3.1 GROWING DEMAND FOR SUSTAINABILITY TO DRIVE ADOPTION 120
9 CFRP MARKET, BY MANUFACTURING PROCESS 123
9.1 INTRODUCTION 124
9.2 LAY-UP PROCESS 126
9.2.1 ABILITY TO PROVIDE SUPERIOR STRENGTH AND WEIGHT TO INCREASE DEMAND 126
9.3 COMPRESSION MOLDING PROCESS 128
9.3.1 SHORT CYCLE TIME AND HIGH PRODUCTION RATE TO DRIVE DEMAND 128
9.4 RESIN TRANSFER MOLDING PROCESS 130
9.4.1 INCREASED COMPRESSION AND OUTSTANDING STRENGTH-TO-WEIGHT RATIOS TO DRIVE DEMAND 130
9.5 FILAMENT WINDING PROCESS 131
9.5.1 NEED FOR HIGHLY ENGINEERED STRUCTURES TO DRIVE ADOPTION 131
9.6 INJECTION MOLDING PROCESS 133
9.6.1 USAGE IN LOW-VOLUME AND LARGE-SIZED COMPONENTS TO DRIVE ADOPTION 133
?
9.7 PULTRUSION PROCESS 135
9.7.1 COST EFFECTIVE PROCESS FOR RIGID STRUCTURES-KEY FACTOR DRIVING MARKET GROWTH 135
9.8 OTHER MANUFACTURING PROCESSES 136
10 CFRP MARKET, BY END-USE INDUSTRY 139
10.1 INTRODUCTION 140
10.2 AEROSPACE & DEFENSE 143
10.2.1 SUPERIOR AND LIGHTWEIGHT CHARACTERISTICS OF CFRP TO DRIVE MARKET 143
10.2.2 INTERIOR PARTS 143
10.2.3 EXTERIOR PARTS 143
10.3 WIND ENERGY 145
10.3.1 HIGH STRENGTH AND WEIGHT REDUCTION TO DRIVE MARKET 145
10.4 AUTOMOTIVE 147
10.4.1 INCREASING EFFICIENCY TO DRIVE MARKET 147
10.5 SPORTING GOODS 150
10.5.1 GROWING DEMAND FOR CFRP IN SPORTING GOODS TO DRIVE MARKET 150
10.6 CIVIL ENGINEERING 151
10.6.1 GROWING DEMAND FOR STRUCTURAL STRENGTHENING AND BRIDGE DECK REINFORCEMENT APPLICATIONS TO DRIVE MARKET 151
10.7 PIPE & TANK 153
10.7.1 INCREASING DEMAND FOR TYPE IV CYLINDERS TO DRIVE MARKET 153
10.8 MARINE 154
10.8.1 ANTI-CORROSION AND LIGHTWEIGHT PROPERTIES TO DRIVE MARKET 154
10.9 MEDICAL 156
10.9.1 HIGH STRENGTH, LOW WEIGHT, CORROSION RESISTANCE, AND BIOCOMPATIBILITY TO DRIVE MARKET 156
10.10 ELECTRICAL & ELECTRONICS 158
10.10.1 SUPERIOR MECHANICAL PROPERTIES TO DRIVE MARKET 158
10.11 OTHER END-USE INDUSTRIES 159
11 CFRP MARKET, BY REGION 161
11.1 INTRODUCTION 162
11.2 NORTH AMERICA 164
11.2.1 NORTH AMERICA: CFRP MARKET, BY RESIN TYPE 165
11.2.2 NORTH AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS 167
11.2.3 NORTH AMERICA: CFRP MARKET, BY END-USE INDUSTRY 169
11.2.4 NORTH AMERICA: CFRP MARKET, BY COUNTRY 171
11.2.4.1 US 172
11.2.4.1.1 Presence of well-established industries to drive market 172
11.2.4.2 Canada 174
11.2.4.2.1 Presence of well-established aerospace industry to fuel demand 174
11.3 EUROPE 177
11.3.1 EUROPE: CFRP MARKET, BY RESIN TYPE 178
11.3.2 EUROPE: CFRP MARKET, BY MANUFACTURING PROCESS 179
11.3.3 EUROPE: CFRP MARKET, BY END-USE INDUSTRY 181
11.3.4 EUROPE: CFRP MARKET, BY COUNTRY 183
11.3.4.1 GERMANY 184
11.3.4.1.1 Growth of automotive and aerospace industries to drive market 184
11.3.4.2 France 187
11.3.4.2.1 Presence of major aircraft manufacturers to drive market 187
11.3.4.3 UK 189
11.3.4.3.1 Increasing demand for lightweight and high-performance materials to drive market 189
11.3.4.4 Italy 192
11.3.4.4.1 Growing demand for motorsports to drive market 192
11.3.4.5 Spain 194
11.3.4.5.1 High demand for CFRP from aerospace sector to drive market 194
11.3.4.6 Russia 197
11.3.4.6.1 Presence of major carbon fiber manufacturers to drive market 197
11.3.4.7 Rest of Europe 199
11.4 ASIA PACIFIC 202
11.4.1 ASIA PACIFIC: CFRP MARKET, BY RESIN TYPE 203
11.4.2 ASIA PACIFIC: CFRP MARKET, BY MANUFACTURING PROCESS 204
11.4.3 ASIA PACIFIC: CFRP MARKET, BY END-USE INDUSTRY 206
11.4.4 ASIA PACIFIC: CFRP MARKET, BY COUNTRY 208
11.4.4.1 China 209
11.4.4.1.1 Carbon fiber innovations in various sectors to drive market 209
11.4.4.2 Japan 212
11.4.4.2.1 Increasing use of CFRP in consumer electronics to drive market 212
11.4.4.3 Taiwan 214
11.4.4.3.1 Growing demand for bicycles to drive market 214
11.4.4.4 South Korea 217
11.4.4.4.1 Presence of major automotive companies to propel market 217
11.4.4.5 Rest of Asia Pacific 219
11.5 MIDDLE EAST & AFRICA 222
11.5.1 MIDDLE EAST & AFRICA: CFRP MARKET, BY RESIN TYPE 222
11.5.2 MIDDLE EAST & AFRICA: CFRP MARKET, BY MANUFACTURING PROCESS 223
11.5.3 MIDDLE EAST & AFRICA: CFRP MARKET, BY END-USE INDUSTRY 225
11.5.4 MIDDLE EAST & AFRICA: CFRP MARKET, BY COUNTRY 227
?
11.5.4.1 GCC Countries 229
11.5.4.1.1 UAE 229
11.5.4.1.1.1 Stringent energy-efficiency regulations to drive market 229
11.5.4.1.2 Saudi Arabia 231
11.5.4.1.2.1 High demand from pipe & tank industry to drive market 231
11.5.4.1.3 Rest of GCC Countries 234
11.5.4.2 South Africa 236
11.5.4.2.1 Growing wind energy, automotive, and aerospace & defense industries to drive market 236
11.5.4.3 Rest of Middle East & Africa 239
11.6 LATIN AMERICA 241
11.6.1 LATIN AMERICA: CFRP MARKET, BY RESIN TYPE 242
11.6.2 LATIN AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS 243
11.6.3 LATIN AMERICA: CFRP MARKET, BY END-USE INDUSTRY 245
11.6.4 LATIN AMERICA: CFRP MARKET, BY COUNTRY 247
11.6.4.1 Brazil 248
11.6.4.1.1 Growth of aerospace & defense and wind energy industries to drive market 248
11.6.4.2 Mexico 250
11.6.4.2.1 Automotive industry to be prominent consumer of CFRP 250
11.6.4.3 Rest of Latin America 253
12 COMPETITIVE LANDSCAPE 255
12.1 OVERVIEW 255
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 255
12.3 REVENUE ANALYSIS, 2024 258
12.4 MARKET SHARE ANALYSIS, 2024 259
12.5 BRAND/PRODUCT COMPARATIVE ANALYSIS 261
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 263
12.6.1 STARS 263
12.6.2 EMERGING LEADERS 263
12.6.3 PERVASIVE PLAYERS 263
12.6.4 PARTICIPANTS 264
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 265
12.6.5.1 Company footprint 265
12.6.5.2 Region footprint 266
12.6.5.3 Source footprint 267
12.6.5.4 Precursor type footprint 267
12.6.5.5 Resin type footprint 268
12.6.5.6 Manufacturing process footprint 269
12.6.5.7 End-use industry footprint 270
?
12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 271
12.7.1 PROGRESSIVE COMPANIES 271
12.7.2 RESPONSIVE COMPANIES 271
12.7.3 DYNAMIC COMPANIES 271
12.7.4 STARTING BLOCKS 271
12.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024 272
12.7.5.1 Detailed list of key startups/SMEs 272
12.7.5.2 Competitive benchmarking of key startups/SMEs 273
12.8 COMPANY VALUATION AND FINANCIAL METRICS 275
12.9 COMPETITIVE SCENARIO 276
12.9.1 PRODUCT LAUNCHES 276
12.9.2 DEALS 279
12.9.3 EXPANSIONS 283
13 COMPANY PROFILES 286
13.1 KEY PLAYERS 286
13.1.1 TORAY INDUSTRIES, INC. 286
13.1.1.1 Business overview 286
13.1.1.2 Products offered 287
13.1.1.3 Recent developments 291
13.1.1.3.1 Product launches 291
13.1.1.3.2 Deals 292
13.1.1.3.3 Expansions 293
13.1.1.3.4 Other developments 293
13.1.1.4 MnM view 294
13.1.1.4.1 Key strengths 294
13.1.1.4.2 Strategic choices 294
13.1.1.4.3 Weaknesses & competitive threats 294
13.1.2 TEIJIN LIMITED 295
13.1.2.1 Business overview 295
13.1.2.2 Products offered 296
13.1.2.3 Recent developments 298
13.1.2.3.1 Product launches 298
13.1.2.3.2 Deals 298
13.1.2.3.3 Expansions 299
13.1.2.3.4 Other developments 300
13.1.2.4 MnM view 300
13.1.2.4.1 Key strengths 300
13.1.2.4.2 Strategic choices 300
13.1.2.4.3 Weaknesses & competitive threats 300
?
13.1.3 MITSUBISHI CHEMICAL CORPORATION 301
13.1.3.1 Business overview 301
13.1.3.2 Products offered 302
13.1.3.3 Recent developments 304
13.1.3.3.1 Product launches 304
13.1.3.3.2 Deals 304
13.1.3.4 MnM view 305
13.1.3.4.1 Key strengths 305
13.1.3.4.2 Strategic choices 306
13.1.3.4.3 Weaknesses & competitive threats 306
13.1.4 HEXCEL CORPORATION 307
13.1.4.1 Business overview 307
13.1.4.2 Products offered 308
13.1.4.3 Recent developments 309
13.1.4.3.1 Product launches 309
13.1.4.3.2 Deals 310
13.1.4.3.3 Expansions 311
13.1.4.4 MnM view 312
13.1.4.4.1 Key strengths 312
13.1.4.4.2 Strategic choices 312
13.1.4.4.3 Weaknesses & competitive threats 312
13.1.5 SYENSQO 313
13.1.5.1 Business overview 313
13.1.5.2 Products offered 314
13.1.5.3 Recent developments 316
13.1.5.3.1 Product launches 316
13.1.5.3.2 Deals 316
13.1.5.4 MnM view 317
13.1.5.4.1 Key strengths 317
13.1.5.4.2 Strategic choices 317
13.1.5.4.3 Weaknesses & competitive threats 317
13.1.6 SGL CARBON 318
13.1.6.1 Business overview 318
13.1.6.2 Products offered 319
13.1.6.3 Recent developments 321
13.1.6.3.1 Product launches 321
13.1.6.3.2 Deals 321
13.1.6.3.3 Expansions 322
13.1.6.4 MnM view 322
13.1.6.4.1 Key strengths 322
13.1.6.4.2 Strategic choices 322
13.1.6.4.3 Weaknesses & competitive threats 322
13.1.7 HS HYOSUNG ADVANCED MATERIALS 323
13.1.7.1 Business overview 323
13.1.7.2 Products offered 324
13.1.7.3 Recent developments 325
13.1.7.3.1 Product launches 325
13.1.7.3.2 Deals 325
13.1.7.3.3 Expansions 326
13.1.7.4 MnM view 327
13.1.7.4.1 Key strengths 327
13.1.7.4.2 Strategic choices 327
13.1.7.4.3 Weaknesses & competitive threats 327
13.1.8 ZHONGFU SHENYING CARBON FIBER CO., LTD. 328
13.1.8.1 Business overview 328
13.1.8.2 Products offered 329
13.1.8.3 Recent developments 330
13.1.8.3.1 Expansions 330
13.1.8.4 MnM view 331
13.1.8.4.1 Key strengths 331
13.1.8.4.2 Strategic choices 331
13.1.8.4.3 Weaknesses & competitive threats 331
13.1.9 KUREHA CORPORATION 332
13.1.9.1 Business overview 332
13.1.9.2 Products offered 333
13.1.9.3 MnM view 333
13.1.9.3.1 Key strengths 333
13.1.9.3.2 Strategic choices 333
13.1.9.3.3 Weaknesses & competitive threats 334
13.1.10 DOWAKSA 335
13.1.10.1 Business overview 335
13.1.10.2 Products offered 335
13.1.10.3 Recent developments 336
13.1.10.3.1 Expansions 336
13.1.10.4 MnM view 336
13.1.10.4.1 Key strengths 336
13.1.10.4.2 Strategic choices 336
13.1.10.4.3 Weaknesses & competitive threats 336
13.1.11 WEIHAI GUANGWEI COMPOSITE MATERIALS CO., LTD. 337
13.1.11.1 Business overview 337
13.1.11.2 Products offered 338
?
13.1.11.3 MnM view 339
13.1.11.3.1 Key strengths 339
13.1.11.3.2 Strategic choices 339
13.1.11.3.3 Weaknesses & competitive threats 339
13.1.12 UMATEX 340
13.1.12.1 Business overview 340
13.1.12.2 Products offered 340
13.1.12.3 MnM view 341
13.1.12.3.1 Key strengths 341
13.1.12.3.2 Strategic choices 341
13.1.12.3.3 Weaknesses & competitive threats 341
13.1.13 JILIN CHEMICAL FIBER GROUP CO., LTD. 342
13.1.13.1 Business overview 342
13.1.13.2 Products offered 342
13.1.13.3 MnM view 343
13.1.13.3.1 Key strengths 343
13.1.13.3.2 Strategic choices 343
13.1.13.3.3 Weaknesses & competitive threats 343
13.1.14 JIANGSU HENGSHEN CO., LTD. 344
13.1.14.1 Business overview 344
13.1.14.2 Products offered 344
13.1.14.3 Recent developments 345
13.1.14.3.1 Expansions 345
13.1.14.4 MnM view 345
13.1.14.4.1 Key strengths 345
13.1.14.4.2 Strategic choices 345
13.1.14.4.3 Weaknesses & competitive threats 345
13.1.15 CHINA NATIONAL BLUESTAR (GROUP) CO., LTD. 346
13.1.15.1 Business overview 346
13.1.15.2 Products offered 346
13.1.15.3 MnM view 346
13.1.15.3.1 Key strengths 346
13.1.15.3.2 Strategic choices 347
13.1.15.3.3 Weaknesses & competitive threats 347
13.2 OTHER PLAYERS 348
13.2.1 TAEKWANG INDUSTRIAL CO., LTD. 348
13.2.2 GEN 2 CARBON 349
13.2.3 NIPPON GRAPHITE FIBER CO., LTD. 350
13.2.4 CHANGZHOU JLON COMPOSITE CO., LTD. 351
13.2.5 MALLINDA 352
13.2.6 BCIRCULAR 352
13.2.7 VARTEGA INC. 353
13.2.8 JILIN TANGU CARBON FIBER CO., LTD. 354
13.2.9 WUXI GDE TECHNOLOGY CO., LTD. 355
13.2.10 SINOFIBERS TECHNOLOGY CO., LTD. 356
13.2.11 JILIN JIYAN HIGH-TECH FIBERS CO., LTD. 356
14 APPENDIX 357
14.1 DISCUSSION GUIDE 357
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 360
14.3 CUSTOMIZATION OPTIONS 362
14.4 RELATED REPORTS 362
14.5 AUTHOR DETAILS 363
TABLE 1 NEW WIND POWER INSTALLATIONS (OFFSHORE), BY REGION, 2023-2033 (GW) 58
TABLE 2 CF & CFRP MARKET: PORTER'S FIVE FORCES ANALYSIS 64
TABLE 3 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY 65
TABLE 4 KEY BUYING CRITERIA, BY END-USE INDUSTRY 65
TABLE 5 CF & CFRP MARKET: ROLE IN ECOSYSTEM 67
TABLE 6 AVERAGE SELLING PRICE OF CFRP MARKET OFFERED BY KEY PLAYERS,
BY END-USE INDUSTRY, 2024 (USD/KG) 69
TABLE 7 AVERAGE SELLING PRICE OF CFRP, BY REGION, 2022-2030 (USD/KG) 70
TABLE 8 TOP 10 EXPORTING COUNTRIES OF CARBON FIBERS IN 2024 73
TABLE 9 TOP 10 IMPORTING COUNTRIES OF CARBON FIBERS IN 2024 74
TABLE 10 TOP USE CASES AND MARKET POTENTIAL 76
TABLE 11 BEST PRACTICES: COMPANIES IMPLEMENTING USE CASES 76
TABLE 12 CASE STUDIES OF AI IMPLEMENTATION IN CF & CFRP MARKET 77
TABLE 13 GDP PERCENTAGE (%) CHANGE, BY KEY COUNTRY, 2021-2029 77
TABLE 14 CF & CFRP MARKET: TOTAL NUMBER OF PATENTS 80
TABLE 15 LIST OF PATENTS BY TORAY INDUSTRIES, INC. 83
TABLE 16 LIST OF PATENTS BY TEIJIN LIMITED 84
TABLE 17 US: TOP 10 PATENT OWNERS IN LAST 10 YEARS 84
TABLE 18 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 85
TABLE 19 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 86
TABLE 20 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 86
TABLE 21 CF & CFRP MARKET: KEY CONFERENCES AND EVENTS, 2025-2026 87
TABLE 22 US-ADJUSTED RECIPROCAL TARIFF RATES 92
TABLE 23 KEY PRODUCT-RELATED TARIFFS EFFECTIVE FOR CF & CFRP 93
TABLE 24 EXPECTED CHANGE IN PRICES AND IMPACT ON END-USE MARKET DUE TO TARIFFS 93
TABLE 25 CFRP MARKET, BY RESIN TYPE, 2022-2024 (USD MILLION) 101
TABLE 26 CFRP MARKET, BY RESIN TYPE, 2022-2024 (KILOTON) 101
TABLE 27 CFRP MARKET, BY RESIN TYPE, 2025-2030 (USD MILLION) 102
TABLE 28 CFRP MARKET, BY RESIN TYPE, 2025-2030 (KILOTON) 102
TABLE 29 THERMOSETTING: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 102
TABLE 30 THERMOSETTING: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 103
TABLE 31 THERMOSETTING: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 103
TABLE 32 THERMOSETTING: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 103
TABLE 33 THERMOSETTING: CFRP MARKET, BY RESIN TYPE, 2022-2024 (USD MILLION) 104
TABLE 34 THERMOSETTING: CFRP MARKET, BY RESIN TYPE, 2022-2024 (KILOTON) 104
TABLE 35 THERMOSETTING: CFRP MARKET, BY RESIN TYPE, 2025-2030 (USD MILLION) 104
TABLE 36 THERMOSETTING: CFRP MARKET, BY RESIN TYPE, 2025-2030 (KILOTON) 104
TABLE 37 THERMOPLASTIC: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 106
TABLE 38 THERMOPLASTIC: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 106
TABLE 39 THERMOPLASTIC: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 107
TABLE 40 THERMOPLASTIC: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 107
TABLE 41 THERMOPLASTIC: CFRP MARKET, BY RESIN TYPE, 2022-2024 (USD MILLION) 107
TABLE 42 THERMOPLASTIC: CFRP MARKET, BY RESIN TYPE, 2022-2024 (KILOTON) 108
TABLE 43 THERMOPLASTIC: CFRP MARKET, BY RESIN TYPE, 2025-2030 (USD MILLION) 108
TABLE 44 THERMOPLASTIC: CFRP MARKET, BY RESIN TYPE, 2025-2030 (KILOTON) 108
TABLE 45 CF MARKET, BY PRECURSOR TYPE, 2022-2024 (USD MILLION) 111
TABLE 46 CF MARKET, BY PRECURSOR TYPE, 2022-2024 (KILOTON) 111
TABLE 47 CF MARKET, BY PRECURSOR TYPE, 2025-2030 (USD MILLION) 112
TABLE 48 CF MARKET, BY PRECURSOR TYPE, 2025-2030 (KILOTON) 112
TABLE 49 PAN-BASED CF MARKET, BY TOW SIZE, 2022-2024 (USD MILLION) 113
TABLE 50 PAN-BASED CF MARKET, BY TOW SIZE, 2022-2024 (KILOTON) 113
TABLE 51 PAN-BASED CF MARKET, BY TOW SIZE, 2025-2030 (USD MILLION) 113
TABLE 52 PAN-BASED CF MARKET, BY TOW SIZE, 2025-2030 (KILOTON) 114
TABLE 53 PITCH-BASED CF MARKET, BY TOW SIZE, 2022-2024 (USD MILLION) 114
TABLE 54 PITCH-BASED CF MARKET, BY TOW SIZE, 2022-2024 (KILOTON) 115
TABLE 55 PITCH-BASED CF MARKET, BY TOW SIZE, 2025-2030 (USD MILLION) 115
TABLE 56 PITCH-BASED CF MARKET, BY TOW SIZE, 2025-2030 (KILOTON) 115
TABLE 57 CF MARKET, BY SOURCE, 2022-2024 (USD MILLION) 117
TABLE 58 CF MARKET, BY SOURCE, 2022-2024 (KILOTON) 117
TABLE 59 CF MARKET, BY SOURCE, 2025-2030 (USD MILLION) 118
TABLE 60 CF MARKET, BY SOURCE, 2025-2030 (KILOTON) 118
TABLE 61 VIRGIN: CF MARKET, BY REGION, 2022-2024 (USD MILLION) 119
TABLE 62 VIRGIN: CF MARKET, BY REGION, 2022-2024 (KILOTON) 119
TABLE 63 VIRGIN: CF MARKET, BY REGION, 2025-2030 (USD MILLION) 119
TABLE 64 VIRGIN: CF MARKET, BY REGION, 2025-2030 (KILOTON) 120
TABLE 65 RECYCLED: CF MARKET, BY REGION, 2022-2024 (USD MILLION) 121
TABLE 66 RECYCLED: CF MARKET, BY REGION, 2022-2024 (KILOTON) 121
TABLE 67 RECYCLED: CF MARKET, BY REGION, 2025-2030 (USD MILLION) 121
TABLE 68 RECYCLED: CF MARKET, BY REGION, 2025-2030 (KILOTON) 122
TABLE 69 CFRP MARKET, BY MANUFACTURING PROCESS, 2022-2024 (USD MILLION) 124
TABLE 70 CFRP MARKET, BY MANUFACTURING PROCESS, 2022-2024 (KILOTON) 125
TABLE 71 CFRP MARKET, BY MANUFACTURING PROCESS, 2025-2030 (USD MILLION) 125
TABLE 72 CFRP MARKET, BY MANUFACTURING PROCESS, 2025-2030 (KILOTON) 125
TABLE 73 LAY-UP PROCESS: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 126
TABLE 74 LAY-UP PROCESS: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 127
TABLE 75 LAY-UP PROCESS: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 127
TABLE 76 LAY-UP PROCESS: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 127
TABLE 77 COMPRESSION MOLDING PROCESS: CFRP MARKET, BY REGION,
2022-2024 (USD MILLION) 128
TABLE 78 COMPRESSION MOLDING PROCESS: CFRP MARKET, BY REGION,
2022-2024 (KILOTON) 128
TABLE 79 COMPRESSION MOLDING PROCESS: CFRP MARKET, BY REGION,
2025-2030 (USD MILLION) 129
TABLE 80 COMPRESSION MOLDING PROCESS: CFRP MARKET, BY REGION,
2025-2030 (KILOTON) 129
TABLE 81 RESIN TRANSFER MOLDING PROCESS: CFRP MARKET, BY REGION,
2022-2024 (USD MILLION) 130
TABLE 82 RESIN TRANSFER MOLDING PROCESS: CFRP MARKET, BY REGION,
2022-2024 (KILOTON) 130
TABLE 83 RESIN TRANSFER MOLDING PROCESS: CFRP MARKET, BY REGION,
2025-2030 (USD MILLION) 131
TABLE 84 RESIN TRANSFER MOLDING PROCESS: CFRP MARKET, BY REGION,
2025-2030 (KILOTON) 131
TABLE 85 FILAMENT WINDING PROCESS: CFRP MARKET, BY REGION,
2022-2024 (USD MILLION) 132
TABLE 86 FILAMENT WINDING PROCESS: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 132
TABLE 87 FILAMENT WINDING PROCESS: CFRP MARKET, BY REGION,
2025-2030 (USD MILLION) 132
TABLE 88 FILAMENT WINDING PROCESS: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 133
TABLE 89 INJECTION MOLDING PROCESS: CFRP MARKET, BY REGION,
2022-2024 (USD MILLION) 133
TABLE 90 INJECTION MOLDING PROCESS: CFRP MARKET, BY REGION,
2022-2024 (KILOTON) 134
TABLE 91 INJECTION MOLDING PROCESS: CFRP MARKET, BY REGION,
2025-2030 (USD MILLION) 134
TABLE 92 INJECTION MOLDING PROCESS: CFRP MARKET, BY REGION,
2025-2030 (KILOTON) 134
TABLE 93 PULTRUSION PROCESS: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 135
TABLE 94 PULTRUSION PROCESS: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 135
TABLE 95 PULTRUSION PROCESS: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 136
TABLE 96 PULTRUSION PROCESS: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 136
TABLE 97 OTHER MANUFACTURING PROCESSES: CFRP MARKET, BY REGION,
2022-2024 (USD MILLION) 137
TABLE 98 OTHER MANUFACTURING PROCESSES: CFRP MARKET, BY REGION,
2022-2024 (KILOTON) 137
TABLE 99 OTHER MANUFACTURING PROCESSES: CFRP MARKET, BY REGION,
2025-2030 (USD MILLION) 137
TABLE 100 OTHER MANUFACTURING PROCESSES: CFRP MARKET, BY REGION,
2025-2030 (KILOTON) 138
TABLE 101 CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 141
TABLE 102 CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 141
TABLE 103 CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 142
TABLE 104 CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 142
TABLE 105 NEW COMMERCIAL AIRPLANE DELIVERIES, 2025-2044 143
TABLE 106 AEROSPACE & DEFENSE: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 144
TABLE 107 AEROSPACE & DEFENSE: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 144
TABLE 108 AEROSPACE & DEFENSE: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 145
TABLE 109 AEROSPACE & DEFENSE: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 145
TABLE 110 WIND ENERGY: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 146
TABLE 111 WIND ENERGY: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 146
TABLE 112 WIND ENERGY: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 146
TABLE 113 WIND ENERGY: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 147
TABLE 114 COST BENEFITS OF CARBON FIBER COMPOSITE COMPONENTS
VS. STEEL COMPONENTS 148
TABLE 115 AUTOMOTIVE: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 148
TABLE 116 AUTOMOTIVE: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 149
TABLE 117 AUTOMOTIVE: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 149
TABLE 118 AUTOMOTIVE: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 149
TABLE 119 SPORTING GOODS: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 150
TABLE 120 SPORTING GOODS: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 150
TABLE 121 SPORTING GOODS: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 150
TABLE 122 SPORTING GOODS: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 151
TABLE 123 CIVIL ENGINEERING: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 151
TABLE 124 CIVIL ENGINEERING: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 152
TABLE 125 CIVIL ENGINEERING: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 152
TABLE 126 CIVIL ENGINEERING: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 152
TABLE 127 PIPE & TANK: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 153
TABLE 128 PIPE & TANK: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 153
TABLE 129 PIPE & TANK: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 154
TABLE 130 PIPE & TANK: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 154
TABLE 131 MARINE: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 155
TABLE 132 MARINE: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 155
TABLE 133 MARINE: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 155
TABLE 134 MARINE: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 156
TABLE 135 MEDICAL: CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 156
TABLE 136 MEDICAL: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 157
TABLE 137 MEDICAL: CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 157
TABLE 138 MEDICAL: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 157
TABLE 139 ELECTRICAL & ELECTRONICS: CFRP MARKET, BY REGION,
2022-2024 (USD MILLION) 158
TABLE 140 ELECTRICAL & ELECTRONICS: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 158
TABLE 141 ELECTRICAL & ELECTRONICS: CFRP MARKET, BY REGION,
2025-2030 (USD MILLION) 158
TABLE 142 ELECTRICAL & ELECTRONICS: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 159
TABLE 143 OTHER END-USE INDUSTRIES: CFRP MARKET, BY REGION,
2022-2024 (USD MILLION) 159
TABLE 144 OTHER END-USE INDUSTRIES: CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 160
TABLE 145 OTHER END-USE INDUSTRIES: CFRP MARKET, BY REGION,
2025-2030 (USD MILLION) 160
TABLE 146 OTHER END-USE INDUSTRIES: CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 160
TABLE 147 CFRP MARKET, BY REGION, 2022-2024 (USD MILLION) 163
TABLE 148 CFRP MARKET, BY REGION, 2022-2024 (KILOTON) 163
TABLE 149 CFRP MARKET, BY REGION, 2025-2030 (USD MILLION) 163
TABLE 150 CFRP MARKET, BY REGION, 2025-2030 (KILOTON) 164
TABLE 151 NORTH AMERICA: CFRP MARKET, BY RESIN TYPE, 2022-2024 (USD MILLION) 165
TABLE 152 NORTH AMERICA: CFRP MARKET, BY RESIN TYPE, 2022-2024 (KILOTON) 166
TABLE 153 NORTH AMERICA: CFRP MARKET, BY RESIN TYPE, 2025-2030 (USD MILLION) 166
TABLE 154 NORTH AMERICA: CFRP MARKET, BY RESIN TYPE, 2025-2030 (KILOTON) 166
TABLE 155 NORTH AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2022-2024 (USD MILLION) 167
TABLE 156 NORTH AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2022-2024 (KILOTON) 167
TABLE 157 NORTH AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2025-2030 (USD MILLION) 168
TABLE 158 NORTH AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2025-2030 (KILOTON) 168
TABLE 159 NORTH AMERICA: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 169
TABLE 160 NORTH AMERICA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 169
TABLE 161 NORTH AMERICA: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (USD MILLION) 170
TABLE 162 NORTH AMERICA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 170
TABLE 163 NORTH AMERICA: CFRP MARKET, BY COUNTRY, 2022-2024 (USD MILLION) 171
TABLE 164 NORTH AMERICA: CFRP MARKET, BY COUNTRY, 2022-2024 (KILOTON) 171
TABLE 165 NORTH AMERICA: CFRP MARKET, BY COUNTRY, 2025-2030 (USD MILLION) 171
TABLE 166 NORTH AMERICA: CFRP MARKET, BY COUNTRY, 2025-2030 (KILOTON) 171
TABLE 167 US: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 172
TABLE 168 US: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 173
TABLE 169 US: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 173
TABLE 170 US: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 174
TABLE 171 CANADA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 175
TABLE 172 CANADA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 175
TABLE 173 CANADA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 176
TABLE 174 CANADA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 176
TABLE 175 EUROPE: CFRP MARKET, BY RESIN TYPE, 2022-2024 (USD MILLION) 178
TABLE 176 EUROPE: CFRP MARKET, BY RESIN TYPE, 2022-2024 (KILOTON) 178
TABLE 177 EUROPE: CFRP MARKET, BY RESIN TYPE, 2025-2030 (USD MILLION) 179
TABLE 178 EUROPE: CFRP MARKET, BY RESIN TYPE, 2025-2030 (KILOTON) 179
TABLE 179 EUROPE: CFRP MARKET, BY MANUFACTURING PROCESS,
2022-2024 (USD MILLION) 179
TABLE 180 EUROPE: CFRP MARKET, BY MANUFACTURING PROCESS, 2022-2024 (KILOTON) 180
TABLE 181 EUROPE: CFRP MARKET, BY MANUFACTURING PROCESS,
2025-2030 (USD MILLION) 180
TABLE 182 EUROPE: CFRP MARKET, BY MANUFACTURING PROCESS, 2025-2030 (KILOTON) 180
TABLE 183 EUROPE: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 181
TABLE 184 EUROPE: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 181
TABLE 185 EUROPE: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 182
TABLE 186 EUROPE: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 182
TABLE 187 EUROPE: CFRP MARKET, BY COUNTRY, 2022-2024 (USD MILLION) 183
TABLE 188 EUROPE: CFRP MARKET, BY COUNTRY, 2022-2024 (KILOTON) 183
TABLE 189 EUROPE: CFRP MARKET, BY COUNTRY, 2025-2030 (USD MILLION) 183
TABLE 190 EUROPE: CFRP MARKET, BY COUNTRY, 2025-2030 (KILOTON) 184
TABLE 191 GERMANY: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 185
TABLE 192 GERMANY: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 185
TABLE 193 GERMANY: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 186
TABLE 194 GERMANY: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 186
TABLE 195 FRANCE: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 187
TABLE 196 FRANCE: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 188
TABLE 197 FRANCE: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 188
TABLE 198 FRANCE: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 189
TABLE 199 UK: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 190
TABLE 200 UK: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 190
TABLE 201 UK: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 191
TABLE 202 UK: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 191
TABLE 203 ITALY: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 192
TABLE 204 ITALY: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 193
TABLE 205 ITALY: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 193
TABLE 206 ITALY: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 194
TABLE 207 SPAIN: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 195
TABLE 208 SPAIN: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 195
TABLE 209 SPAIN: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 196
TABLE 210 SPAIN: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 196
TABLE 211 RUSSIA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 197
TABLE 212 RUSSIA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 198
TABLE 213 RUSSIA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 198
TABLE 214 RUSSIA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 199
TABLE 215 REST OF EUROPE: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 200
TABLE 216 REST OF EUROPE: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 200
TABLE 217 REST OF EUROPE: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (USD MILLION) 201
TABLE 218 REST OF EUROPE: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 201
TABLE 219 ASIA PACIFIC: CFRP MARKET, BY RESIN TYPE, 2022-2024 (USD MILLION) 203
TABLE 220 ASIA PACIFIC: CFRP MARKET, BY RESIN TYPE, 2022-2024 (KILOTON) 203
TABLE 221 ASIA PACIFIC: CFRP MARKET, BY RESIN TYPE, 2025-2030 (USD MILLION) 203
TABLE 222 ASIA PACIFIC: CFRP MARKET, BY RESIN TYPE, 2025-2030 (KILOTON) 203
TABLE 223 ASIA PACIFIC: CFRP MARKET, BY MANUFACTURING PROCESS,
2022-2024 (USD MILLION) 204
TABLE 224 ASIA PACIFIC: CFRP MARKET, BY MANUFACTURING PROCESS,
2022-2024 (KILOTON) 204
TABLE 225 ASIA PACIFIC: CFRP MARKET, BY MANUFACTURING PROCESS,
2025-2030 (USD MILLION) 205
TABLE 226 ASIA PACIFIC: CFRP MARKET, BY MANUFACTURING PROCESS,
2025-2030 (KILOTON) 205
TABLE 227 ASIA PACIFIC: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 206
TABLE 228 ASIA PACIFIC: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 206
TABLE 229 ASIA PACIFIC: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 207
TABLE 230 ASIA PACIFIC: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 207
TABLE 231 ASIA PACIFIC: CFRP MARKET, BY COUNTRY, 2022-2024 (USD MILLION) 208
TABLE 232 ASIA PACIFIC: CFRP MARKET, BY COUNTRY, 2022-2024 (KILOTON) 208
TABLE 233 ASIA PACIFIC: CFRP MARKET, BY COUNTRY, 2025-2030 (USD MILLION) 208
TABLE 234 ASIA PACIFIC: CFRP MARKET, BY COUNTRY, 2025-2030 (KILOTON) 209
TABLE 235 CHINA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 210
TABLE 236 CHINA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 210
TABLE 237 CHINA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 211
TABLE 238 CHINA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 211
TABLE 239 JAPAN: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 212
TABLE 240 JAPAN: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 213
TABLE 241 JAPAN: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 213
TABLE 242 JAPAN: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 214
TABLE 243 TAIWAN: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 215
TABLE 244 TAIWAN: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 215
TABLE 245 TAIWAN: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 216
TABLE 246 TAIWAN: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 216
TABLE 247 SOUTH KOREA: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 217
TABLE 248 SOUTH KOREA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 218
TABLE 249 SOUTH KOREA: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (USD MILLION) 218
TABLE 250 SOUTH KOREA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 219
TABLE 251 REST OF ASIA PACIFIC: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 220
TABLE 252 REST OF ASIA PACIFIC: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (KILOTON) 220
TABLE 253 REST OF ASIA PACIFIC: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (USD MILLION) 221
TABLE 254 REST OF ASIA PACIFIC: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (KILOTON) 221
TABLE 255 MIDDLE EAST & AFRICA: CFRP MARKET, BY RESIN TYPE,
2022-2024 (USD MILLION) 222
TABLE 256 MIDDLE EAST & AFRICA: CFRP MARKET, BY RESIN TYPE, 2022-2024 (KILOTON) 222
TABLE 257 MIDDLE EAST & AFRICA: CFRP MARKET, BY RESIN TYPE,
2025-2030 (USD MILLION) 222
TABLE 258 MIDDLE EAST & AFRICA: CFRP MARKET, BY RESIN TYPE, 2025-2030 (KILOTON) 223
TABLE 259 MIDDLE EAST & AFRICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2022-2024 (USD MILLION) 223
TABLE 260 MIDDLE EAST & AFRICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2022-2024 (KILOTON) 224
TABLE 261 MIDDLE EAST & AFRICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2025-2030 (USD MILLION) 224
TABLE 262 MIDDLE EAST & AFRICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2025-2030 (KILOTON) 225
TABLE 263 MIDDLE EAST & AFRICA: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 225
TABLE 264 MIDDLE EAST & AFRICA: CFRP MARKET, BY END-USE INDUSTRY,
BY REGION, 2022-2024 (KILOTON) 226
TABLE 265 MIDDLE EAST & AFRICA: CFRP MARKET, BY END-USE INDUSTRY,
BY REGION, 2025-2030 (USD MILLION) 226
TABLE 266 MIDDLE EAST & AFRICA: CFRP MARKET, BY END-USE INDUSTRY,
BY REGION, 2025-2030 (KILOTON) 227
TABLE 267 MIDDLE EAST & AFRICA: CFRP MARKET, BY COUNTRY, 2022-2024 (USD MILLION) 227
TABLE 268 MIDDLE EAST & AFRICA: CFRP MARKET, BY COUNTRY, 2022-2024 (KILOTON) 228
TABLE 269 MIDDLE EAST & AFRICA: CFRP MARKET, BY COUNTRY, 2025-2030 (USD MILLION) 228
TABLE 270 MIDDLE EAST & AFRICA: CFRP MARKET, BY COUNTRY 2025-2030 (KILOTON) 228
TABLE 271 UAE: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 229
TABLE 272 UAE: CFRP MARKET, BY END-USE INDUSTRY, BY REGION, 2022-2024 (KILOTON) 230
TABLE 273 UAE: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 230
TABLE 274 UAE: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 231
TABLE 275 SAUDI ARABIA: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 232
TABLE 276 SAUDI ARABIA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 232
TABLE 277 SAUDI ARABIA: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (USD MILLION) 233
TABLE 278 SAUDI ARABIA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 233
TABLE 279 REST OF GCC COUNTRIES: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 234
TABLE 280 REST OF GCC COUNTRIES: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (KILOTON) 235
TABLE 281 REST OF GCC COUNTRIES: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (USD MILLION) 235
TABLE 282 REST OF GCC COUNTRIES: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (KILOTON) 236
TABLE 283 SOUTH AFRICA: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 237
TABLE 284 SOUTH AFRICA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 237
TABLE 285 SOUTH AFRICA: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (USD MILLION) 238
TABLE 286 SOUTH AFRICA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 238
TABLE 287 REST OF MIDDLE EAST & AFRICA: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 239
TABLE 288 REST OF MIDDLE EAST & AFRICA: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (KILOTON) 240
TABLE 289 REST OF MIDDLE EAST & AFRICA: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (USD MILLION) 240
TABLE 290 REST OF MIDDLE EAST & AFRICA: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (KILOTON) 241
TABLE 291 LATIN AMERICA: CFRP MARKET, BY RESIN TYPE, 2022-2024 (USD MILLION) 242
TABLE 292 LATIN AMERICA: CFRP MARKET, BY RESIN TYPE, 2022-2024 (KILOTON) 242
TABLE 293 LATIN AMERICA: CFRP MARKET, BY RESIN TYPE, 2025-2030 (USD MILLION) 242
TABLE 294 LATIN AMERICA: CFRP MARKET, BY RESIN TYPE, 2025-2030 (KILOTON) 242
TABLE 295 LATIN AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2022-2024 (USD MILLION) 243
TABLE 296 LATIN AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2022-2024 (KILOTON) 243
TABLE 297 LATIN AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2025-2030 (USD MILLION) 244
TABLE 298 LATIN AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS,
2025-2030 (KILOTON) 244
TABLE 299 LATIN AMERICA: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 245
TABLE 300 LATIN AMERICA: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 245
TABLE 301 LATIN AMERICA: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (USD MILLION) 246
TABLE 302 LATIN AMERICA: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 246
TABLE 303 LATIN AMERICA: CFRP MARKET, BY COUNTRY, 2022-2024 (USD MILLION) 247
TABLE 304 LATIN AMERICA: CFRP MARKET, BY COUNTRY, 2022-2024 (KILOTON) 247
TABLE 305 LATIN AMERICA: CFRP MARKET, BY COUNTRY, 2025-2030 (USD MILLION) 247
TABLE 306 LATIN AMERICA: CFRP MARKET, BY COUNTRY, 2025-2030 (KILOTON) 247
TABLE 307 BRAZIL: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 248
TABLE 308 BRAZIL: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 249
TABLE 309 BRAZIL: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 249
TABLE 310 BRAZIL: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 250
TABLE 311 MEXICO: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (USD MILLION) 251
TABLE 312 MEXICO: CFRP MARKET, BY END-USE INDUSTRY, 2022-2024 (KILOTON) 251
TABLE 313 MEXICO: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (USD MILLION) 252
TABLE 314 MEXICO: CFRP MARKET, BY END-USE INDUSTRY, 2025-2030 (KILOTON) 252
TABLE 315 REST OF LATIN AMERICA: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (USD MILLION) 253
TABLE 316 REST OF LATIN AMERICA: CFRP MARKET, BY END-USE INDUSTRY,
2022-2024 (KILOTON) 253
TABLE 317 REST OF LATIN AMERICA: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (USD MILLION) 254
TABLE 318 REST OF LATIN AMERICA: CFRP MARKET, BY END-USE INDUSTRY,
2025-2030 (KILOTON) 254
TABLE 319 CF & CFRP MARKET: KEY STRATEGIES ADOPTED BY MAJOR PLAYERS,
JANUARY 2020-MARCH 2025 255
TABLE 320 CF & CFRP MARKET: DEGREE OF COMPETITION, 2024 259
TABLE 321 CF & CFRP MARKET: REGION FOOTPRINT 266
TABLE 322 CF & CFRP MARKET: SOURCE FOOTPRINT 267
TABLE 323 CF & CFRP MARKET: PRECURSOR TYPE FOOTPRINT 267
TABLE 324 CF & CFRP MARKET: RESIN TYPE FOOTPRINT 268
TABLE 325 CF & CFRP MARKET: MANUFACTURING PROCESS FOOTPRINT 269
TABLE 326 CF & CFRP MARKET: END-USE INDUSTRY FOOTPRINT 270
TABLE 327 CF & CFRP MARKET: DETAILED LIST OF KEY STARTUPS/SMES 272
TABLE 328 CF & CFRP MARKET: COMPETITIVE BENCHMARKING OF
KEY STARTUPS/SMES (1/2) 273
TABLE 329 CF& CFRP MARKET: COMPETITIVE BENCHMARKING OF
KEY STARTUPS/SMES (2/2) 274
TABLE 330 CF & CFRP MARKET: PRODUCT LAUNCHES, JANUARY 2020-MAY 2025 276
TABLE 331 CF & CFRP MARKET: DEALS, JANUARY 2020-MAY 2025 279
TABLE 332 CF & CFRP MARKET: EXPANSIONS, JANUARY 2020-MAY 2025 283
TABLE 333 TORAY INDUSTRIES, INC.: COMPANY OVERVIEW 286
TABLE 334 TORAY INDUSTRIES, INC.: PRODUCTS OFFERED 287
TABLE 335 TORAY INDUSTRIES, INC.: PRODUCT LAUNCHES 291
TABLE 336 TORAY INDUSTRIES, INC.: DEALS 292
TABLE 337 TORAY INDUSTRIES, INC.: EXPANSIONS 293
TABLE 338 TORAY INDUSTRIES, INC.: OTHER DEVELOPMENTS 293
TABLE 339 TEIJIN LIMITED: COMPANY OVERVIEW 295
TABLE 340 TEIJIN LIMITED: PRODUCTS OFFERED 296
TABLE 341 TEIJIN LIMITED: PRODUCT LAUNCHES 298
TABLE 342 TEIJIN LIMITED: DEALS 298
TABLE 343 TEIJIN LIMITED: EXPANSIONS 299
TABLE 344 TEIJIN LIMITED: OTHER DEVELOPMENTS 300
TABLE 345 MITSUBISHI CHEMICAL CORPORATION: COMPANY OVERVIEW 301
TABLE 346 MITSUBISHI CHEMICAL CORPORATION: PRODUCTS OFFERED 302
TABLE 347 MITSUBISHI CHEMICAL CORPORATION: PRODUCT LAUNCHES 304
TABLE 348 MITSUBISHI CHEMICAL CORPORATION: DEALS 304
TABLE 349 HEXCEL CORPORATION: COMPANY OVERVIEW 307
TABLE 350 HEXCEL CORPORATION: PRODUCTS OFFERED 308
TABLE 351 HEXCEL CORPORATION: PRODUCT LAUNCHES 309
TABLE 352 HEXCEL CORPORATION: DEALS 310
TABLE 353 HEXCEL CORPORATION: EXPANSIONS 311
TABLE 354 SYENSQO: COMPANY OVERVIEW 313
TABLE 355 SYENSQO: PRODUCTS OFFERED 314
TABLE 356 SYENSQO: PRODUCT LAUNCHES 316
TABLE 357 SYENSQO: DEALS 316
TABLE 358 SGL CARBON: COMPANY OVERVIEW 318
TABLE 359 SGL CARBON: PRODUCTS OFFERED 319
TABLE 360 SGL CARBON: PRODUCT LAUNCHES 321
TABLE 361 SGL CARBON: DEALS 321
TABLE 362 SGL CARBON: EXPANSIONS 322
TABLE 363 HS HYOSUNG ADVANCED MATERIALS: COMPANY OVERVIEW 323
TABLE 364 HS HYOSUNG ADVANCED MATERIALS: PRODUCTS OFFERED 324
TABLE 365 HS HYOSUNG ADVANCED MATERIALS: PRODUCT LAUNCHES 325
TABLE 366 HS HYOSUNG ADVANCED MATERIALS: DEALS 325
TABLE 367 HS HYOSUNG ADVANCED MATERIALS: EXPANSIONS 326
TABLE 368 ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY OVERVIEW 328
TABLE 369 ZHONGFU SHENYING CARBON FIBER CO., LTD.: PRODUCTS OFFERED 329
TABLE 370 ZHONGFU SHENYING CARBON FIBER CO., LTD.: EXPANSIONS 330
TABLE 371 KUREHA CORPORATION: COMPANY OVERVIEW 332
TABLE 372 KUREHA CORPORATION: PRODUCTS OFFERED 333
TABLE 373 DOWAKSA: COMPANY OVERVIEW 335
TABLE 374 DOWAKSA: PRODUCTS OFFERED 335
TABLE 375 DOWAKSA: EXPANSIONS 336
TABLE 376 WEIHAI GUANGWEI COMPOSITE MATERIALS CO., LTD.: COMPANY OVERVIEW 337
TABLE 377 WEIHAI GUANGWEI COMPOSITE MATERIALS CO., LTD.: PRODUCTS OFFERED 338
TABLE 378 UMATEX: COMPANY OVERVIEW 340
TABLE 379 UMATEX: PRODUCTS OFFERED 340
TABLE 380 JILIN CHEMICAL FIBER GROUP CO., LTD.: COMPANY OVERVIEW 342
TABLE 381 JILIN CHEMICAL FIBER GROUP CO., LTD.: PRODUCTS OFFERED 342
TABLE 382 JIANGSU HENGSHEN CO., LTD.: COMPANY OVERVIEW 344
TABLE 383 JIANGSU HENGSHEN CO., LTD.: PRODUCTS OFFERED 344
TABLE 384 JIANGSU HENGSHEN CO., LTD.: EXPANSIONS 345
TABLE 385 CHINA NATIONAL BLUESTAR (GROUP) CO., LTD.: COMPANY OVERVIEW 346
TABLE 386 CHINA NATIONAL BLUESTAR (GROUP) CO., LTD.: PRODUCTS OFFERED 346
TABLE 387 TAEKWANG INDUSTRIAL CO., LTD.: COMPANY OVERVIEW 348
TABLE 388 GEN 2 CARBON: COMPANY OVERVIEW 349
TABLE 389 NIPPON GRAPHITE FIBER CO., LTD.: COMPANY OVERVIEW 350
TABLE 390 CHANGZHOU JLON COMPOSITE CO., LTD.: COMPANY OVERVIEW 351
TABLE 391 MALLINDA: COMPANY OVERVIEW 352
TABLE 392 BCIRCULAR: COMPANY OVERVIEW 352
TABLE 393 VARTEGA INC.: COMPANY OVERVIEW 353
TABLE 394 JILIN TANGU CARBON FIBER CO., LTD.: COMPANY OVERVIEW 354
TABLE 395 WUXI GDE TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 355
TABLE 396 SINOFIBERS TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 356
TABLE 397 JILIN JIYAN HIGH-TECH FIBERS CO., LTD.: COMPANY OVERVIEW 356
FIGURE 1 CF & CFRP MARKET SEGMENTATION AND REGIONAL SCOPE 31
FIGURE 2 CF & CFRP MARKET: RESEARCH DESIGN 35
FIGURE 3 CF & CFRP MARKET: BOTTOM-UP APPROACH 39
FIGURE 4 CF & CFRP MARKET: TOP-DOWN APPROACH 39
FIGURE 5 CF & CFRP MARKET: DATA TRIANGULATION 42
FIGURE 6 PAN-BASED CARBON FIBERS SEGMENT TO GROW AT HIGHEST CAGR
DURING FORECAST PERIOD 46
FIGURE 7 VIRGIN CARBON FIBER SEGMENT TO DOMINATE MARKET IN 2025 46
FIGURE 8 THERMOSETTING SEGMENT TO DOMINATE MARKET FROM 2025 TO 2030 47
FIGURE 9 FILAMENT WINDING SEGMENT TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 47
FIGURE 10 AEROSPACE & DEFENSE SEGMENT TO DOMINATE MARKET BETWEEN
2025 & 2030 48
FIGURE 11 NORTH AMERICA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 49
FIGURE 12 INCREASING DEMAND FROM WIND ENERGY TO DRIVE MARKET 50
FIGURE 13 WIND ENERGY SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 51
FIGURE 14 PAN-BASED CARBON FIBERS SEGMENT TO REGISTER HIGHER CAGR
IN MARKET, BY VOLUME 51
FIGURE 15 RECYCLED CARBON FIBERS SEGMENT TO REGISTER HIGHER CAGR, BY VOLUME, DURING FORECASTED PERIOD 52
FIGURE 16 THERMOPLASTIC RESINS SEGMENT TO REGISTER HIGHER CAGR DURING FORECASTED PERIOD 52
FIGURE 17 FILAMENT WINDING SEGMENT TO REGISTER HIGHEST CAGR,
BY VOLUME, DURING FORECAST PERIOD 53
FIGURE 18 PIPE & TANK SEGMENT TO REGISTER HIGHEST CAGR DURING
FORECASTED PERIOD 53
FIGURE 19 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 54
FIGURE 20 CF & CFRP MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 55
FIGURE 21 CF & CFRP MARKET: PORTER'S FIVE FORCES ANALYSIS 62
FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY 64
FIGURE 23 KEY BUYING CRITERIA, BY END-USE INDUSTRY 65
FIGURE 24 CF & CFRP MARKET: SUPPLY CHAIN ANALYSIS 66
FIGURE 25 CF & CFRP MARKET: KEY STAKEHOLDERS IN ECOSYSTEM 67
FIGURE 26 AVERAGE SELLING PRICE TREND OF CFRP OFFERED BY KEY PLAYERS, BY END-USE INDUSTRY, 2024 (USD/KG) 68
FIGURE 27 AVERAGE SELLING PRICE, 2022-2024 (USD/KG) 69
FIGURE 28 CF & CFRP MARKET: VALUE CHAIN ANALYSIS 71
FIGURE 29 EXPORT DATA OF HS CODE 681511-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2022-2024 (USD THOUSAND) 72
FIGURE 30 IMPORT DATA OF HS CODE 681511-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2022-2024 (USD THOUSAND) 73
FIGURE 31 PATENT ANALYSIS, BY PATENT TYPE 81
FIGURE 32 PATENT PUBLICATION TRENDS, JANUARY 2015?DECEMBER 2024 81
FIGURE 33 CF & CFRP MARKET: LEGAL STATUS OF PATENTS 82
FIGURE 34 CHINA JURISDICTION REGISTERED HIGHEST NUMBER OF PATENTS 82
FIGURE 35 TORAY INDUSTRIES, INC. REGISTERED HIGHEST NUMBER OF PATENTS 83
FIGURE 36 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 90
FIGURE 37 CF & CFRP MARKET: DEALS AND FUNDING SOARED IN 2021 91
FIGURE 38 THERMOSETTING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 101
FIGURE 39 PAN-BASED CARBON FIBERS SEGMENT TO DOMINATE MARKET
DURING FORECAST PERIOD 111
FIGURE 40 VIRGIN CARBON FIBER SEGMENT TO DOMINATE MARKET DURING
FORECAST PERIOD 117
FIGURE 41 FILAMENT WINDING PROCESS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 124
FIGURE 42 AEROSPACE & DEFENSE INDUSTRY TO LEAD CONSUMPTION OF CFRP IN 2030 140
FIGURE 43 GERMANY TO BE FASTEST-GROWING CFRP MARKET DURING FORECAST PERIOD 162
FIGURE 44 NORTH AMERICA: CFRP MARKET SNAPSHOT 165
FIGURE 45 EUROPE: CFRP MARKET SNAPSHOT 178
FIGURE 46 ASIA PACIFIC: CFRP MARKET SNAPSHOT 202
FIGURE 47 CF & CFRP MARKET: REVENUE ANALYSIS OF KEY PLAYERS,
2020-2024 (USD MILLION) 258
FIGURE 48 CF & CFRP MARKET SHARE ANALYSIS, 2024 259
FIGURE 49 CF & CFRP MARKET: TOP TRENDING BRANDS/PRODUCTS 261
FIGURE 50 CF & CFRP MARKET: BRAND/PRODUCT COMPARATIVE ANALYSIS 262
FIGURE 51 CF & CFRP MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 264
FIGURE 52 CF & CFRP MARKET: COMPANY FOOTPRINT 265
FIGURE 53 CF & CFRP MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 272
FIGURE 54 CF & CFRP MARKET: EV/EBITDA OF KEY VENDORS 275
FIGURE 55 CF & CFRP MARKET: COMPANY VALUATION, 2024 (USD BILLION) 275
FIGURE 56 CF & CFRP MARKET: YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS 276
FIGURE 57 TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT 287
FIGURE 58 TEIJIN LIMITED: COMPANY SNAPSHOT 296
FIGURE 59 MITSUBISHI CHEMICAL CORPORATION: COMPANY SNAPSHOT 302
FIGURE 60 HEXCEL CORPORATION: COMPANY SNAPSHOT 308
FIGURE 61 SYENSQO: COMPANY SNAPSHOT 314
FIGURE 62 SGL CARBON: COMPANY SNAPSHOT 319
FIGURE 63 HS HYOSUNG ADVANCED MATERIALS: COMPANY SNAPSHOT 324
FIGURE 64 ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY SNAPSHOT 329
FIGURE 65 KUREHA CORPORATION: COMPANY SNAPSHOT 332
FIGURE 66 WEIHAI GUANGWEI COMPOSITE MATERIALS CO., LTD.: COMPANY SNAPSHOT 338
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security