China Carbon Fiber Market Size & Outlook, 2026-2033
The carbon fiber market in China is expected to reach a projected revenue of US$ 1,489.1 million by 2033. A compound annual growth rate of 11.7% is expected of China carbon fiber market from 2026 to 2033.
- Materials
- Textiles & Fibers
- Carbon Fiber Market Outlook
- Textiles & Fibers
Revenue, 2025 (US$M)
$614.3
Estimate, 2026 (US$M)
$686.5
Forecast, 2033 (US$M)
$1,489.1
CAGR, 2026 - 2033
11.7%
Global Market
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China carbon fiber market highlights
- The China carbon fiber market generated a revenue of USD 614.3 million in 2025 and is expected to reach USD 1,489.1 million by 2033.
- The China market is expected to grow at a CAGR of 11.7% from 2026 to 2033.
- In terms of segment, pan was the largest revenue generating raw material in 2025.
- PAN is the most lucrative raw material segment registering the fastest growth during the forecast period.
Carbon fiber market data book summary
| Market revenue in 2025 | USD 614.3 million |
| Market revenue in 2033 | USD 1,489.1 million |
| Growth rate | 11.7% (CAGR from 2026 to 2033) |
| Largest segment | Pan |
| Fastest growing segment | PAN |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PAN, Pitch |
| Key market players worldwide | DowAksa, Formosa Plastics Group, Hexcel Corp, Jiangsu Hengli Hydraulic, Mitsubishi Chemical Group Corp, SGL Group, Solvay SA, Teijin Ltd, Toray Industries Inc, A & P Technology, ENF Solar, Hyosung Advanced Materials, Nippon Graphite Fiber |
Other key industry trends
- In terms of revenue, China accounted for 9.6% of the global carbon fiber market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, Japan carbon fiber market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,489.1 million by 2033.
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Publish Date: Mar 27, 2026
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Carbon Fiber Market Scope
Carbon Fiber Market segmentation & scope
Carbon Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Toray Industries Inc | View profile | 48,682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | www.toray.co.jp |
| Teijin Ltd | View profile | 24,499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | www.teijin.co.jp |
| Hexcel Corp | View profile | 5,590 | 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 | www.hexcel.com |
| SGL Group | View profile | 11-50 | Adelaide, South Australia, Australia, Oceania | www.sglgroup.net |
| Solvay SA | View profile | 9,000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | www.solvay.com |
| Mitsubishi Chemical Group Corp | View profile | 74,632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | www.mcgc.com |
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | www.fpg.com.tw/ |
| Jiangsu Hengli Hydraulic | View profile | 1001-5000 | Liyang, Jiangsu, China, Asia | www.henglihydraulic.com |
| DowAksa | View profile | 101-250 | Istanbul, Istanbul, Turkey, Europe | www.dowaksa.com/ |
| A & P Technology | View profile | 251-500 | Cincinnati, Ohio, United States, North America | www.braider.com |
China 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 Outlook will help companies and investors design strategic landscapes.
Pan was the largest segment with a revenue share of 108.51% in 2025.
Horizon Databook has segmented the China carbon fiber market based on pan, pitch covering the revenue growth of each sub-segment from 2021 to 2033.
- China Carbon Fiber Market Raw Material Outlook (Revenue, USD Million , 2021-2033)
- PAN
- Pitch
- China Carbon Fiber Market Product Outlook (Revenue, USD Million , 2021-2033)
- Small tow
- Large Tow
- China Carbon Fiber Market Application, Outlook (Revenue, USD Million , 2021-2033)
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessels
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the China Carbon Fiber Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Carbon Fiber Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
China Carbon Fiber Market, 2021-2033 (US$M)
China Raw Material - Carbon Fiber Market Statistics, 2025 - 2033 (US$M)
