Global Carbon Fiber Market Size & Outlook, 2026-2033
Global carbon fiber market, 2021-2033 (US$M)
Related Markets
Global carbon fiber market highlights
- The global carbon fiber market generated a revenue of USD 6,368.7 million in 2025 and is expected to reach USD 14,558.2 million by 2033.
- The market is expected to grow at a CAGR (2026 - 2033) of 10.9% by 2033.
- In terms of segment, pan accounted for a revenue of USD 6,824.8 million in 2025.
- PAN is the most lucrative raw material segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2025.
- Country-wise, Germany is expected to register the highest CAGR from 2026 to 2033.
Global data book summary
| Market revenue in 2025 | USD 6,368.7 million |
| Market revenue in 2033 | USD 14,558.2 million |
| Growth rate | 10.9% (CAGR from 2026 to 2033) |
| Largest segment | Pan |
| Fastest growing segment | PAN |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PAN, Pitch |
Other key industry trends
- In terms of revenue, the North America accounted for 21.7% of the global carbon fiber market in 2025.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, Germany is the fastest growing regional market and is projected to reach USD 1,812.5 million by 2033.
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Carbon Fiber Market Scope
Carbon Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nippon Graphite Fiber | View profile | - | Himeji, Hyogo, Japan, Asia | http://www.ngfworld.com/en |
| Hyosung Advanced Materials | View profile | 501-1000 | Mapo, Seoul-t'ukpyolsi, South Korea, Asia | http://www.hyosungadvancedmaterials.com |
| ENF Solar | View profile | 11-50 | Woking, Surrey, United Kingdom, Europe | http://www.enfsolar.com |
| A & P Technology | View profile | 251-500 | Cincinnati, Ohio, United States, North America | https://www.braider.com |
| DowAksa | View profile | 101-250 | Istanbul, Istanbul, Turkey, Europe | http://www.dowaksa.com/ |
| Jiangsu Hengli Hydraulic | View profile | 1001-5000 | Liyang, Jiangsu, China, Asia | http://www.henglihydraulic.com |
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | https://www.fpg.com.tw/ |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| SGL Group | View profile | 11-50 | Adelaide, South Australia, Australia, Oceania | https://www.sglgroup.net |
| 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 |
Global carbon fiber 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 market will help companies and investors design strategic landscapes.
Pan was the largest segment with a revenue share of 107.16% in 2025. Horizon Databook has segmented the Global carbon fiber market based on pan, pitch covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Carbon Fiber Raw Material Outlook (Revenue, USD Million, 2021-2033)
- PAN
- Pitch
- Global Carbon Fiber Product Outlook (Revenue, USD Million, 2021-2033)
- Large Tow
- Small tow
- Global Carbon Fiber Application Outlook (Revenue, USD Million, 2021-2033)
- Automotive
- Molding & Compound
- Pressure Vessels
- Wind Turbines
- Sports/Leisure
- Construction
- Others
- Aerospace & Defense
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Target buyers of Global carbon fiber market databook
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Our clientele includes a mix of carbon fiber 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 global-level data and insights on the Global carbon fiber market , including forecasts for subscribers. This global databook contains high-level insights into Global carbon fiber market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global carbon fiber market size, by regions, 2021-2033 (US$M)
Top 10 countries: Carbon fiber market size, 2025 (US$M)
Global carbon fiber market share, by raw material, 2025 & 2033 (%, US$M)
Carbon fiber market: Opportunity assessment by country
Global carbon fiber market, by region, 2025 (US$M)
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