Europe Carbon Fiber Composites Market Size & Outlook
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Europe carbon fiber composites market highlights
- The Europe carbon fiber composites market generated a revenue of USD 7,006.5 million in 2024.
- The market is expected to grow at a CAGR of 7.6% from 2025 to 2033.
- In terms of segment, pan-based carbon fiber was the largest revenue generating raw material in 2024.
- Pitch-based Carbon Fiber is the most lucrative raw material segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2033.
Europe data book summary
| Market revenue in 2024 | USD 7,006.5 million |
| Market revenue in 2033 | USD 13,528.3 million |
| Growth rate | 7.6% (CAGR from 2025 to 2033) |
| Largest segment | Pan-based carbon fiber |
| Fastest growing segment | Pitch-based Carbon Fiber |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PAN-based Carbon Fiber, Pitch-based Carbon Fiber, Rayon-based Carbon Fiber |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.8% of the global carbon fiber composites market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 17,191.5 million by 2033.
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Carbon Fiber Composites Market Scope
Carbon Fiber Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Carbon Composites | View profile | 11-50 | Augsburg, Bayern, Germany, Europe | http://www.carbon-composites.eu |
| SGL Carbon | View profile | 5001-10000 | Wiesbaden, Hessen, Germany, Europe | http://sglcarbon.com |
| Syensqo SA | View profile | - | Rue de la fusee 98, Brussels, Belgium, 1130 | https://www.syensqo.com |
| Hyosung Advanced Materials | View profile | 501-1000 | Mapo, Seoul-t'ukpyolsi, South Korea, Asia | http://www.hyosungadvancedmaterials.com |
| DowAksa | View profile | 101-250 | Istanbul, Istanbul, Turkey, Europe | http://www.dowaksa.com/ |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Hexcel Corp | View profile | 5590 | 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 | https://www.hexcel.com |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
Europe carbon fiber composites market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon fiber composites market will help companies and investors design strategic landscapes.
Pan-based carbon fiber was the largest segment with a revenue share of 91.02% in 2024. Horizon Databook has segmented the Europe carbon fiber composites market based on pan-based carbon fiber, pitch-based carbon fiber, rayon-based carbon fiber covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of carbon fiber composites market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe carbon fiber composites market , including forecasts for subscribers. This continent databook contains high-level insights into Europe carbon fiber composites market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Europe carbon fiber composites market size, by country, 2021-2033 (US$M)
Europe Carbon Fiber Composites Market Outlook Share, 2024 & 2033 (US$M)
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