Europe Carbon Fiber Market Size & Outlook, 2024-2030
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Europe carbon fiber market highlights
- The Europe carbon fiber market generated a revenue of USD 1,830.7 million in 2024.
- The market is expected to grow at a CAGR of 11.4% from 2025 to 2030.
- In terms of segment, pan was the largest revenue generating raw material in 2024.
- PAN 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 2030.
Europe data book summary
| Market revenue in 2024 | USD 1,830.7 million |
| Market revenue in 2030 | USD 3,498.8 million |
| Growth rate | 11.4% (CAGR from 2025 to 2030) |
| Largest segment | Pan |
| Fastest growing segment | PAN |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| 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, Europe region accounted for 31.9% of the global carbon fiber market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 3,498.8 million by 2030.
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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 |
Europe 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 108.01% in 2024. Horizon Databook has segmented the Europe carbon fiber market based on pan, pitch covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Europe 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe carbon fiber market , including forecasts for subscribers. This continent databook contains high-level insights into Europe carbon fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe carbon fiber market size, by country, 2018-2030 (US$M)
Europe Carbon Fiber Market Outlook Share, 2024 & 2030 (US$M)
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