Market Segmentation
- Carbon Fiber Raw Material Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Carbon Fiber Tow Size Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Carbon Fiber Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Carbon Fiber Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- North America
- North America Carbon Fiber Market, by Raw Material
- North America Carbon Fibers Market, by Tow Size
- North America Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- U.S.
- U.S. Carbon Fiber Market, by Raw Material
- U.S. Carbon Fibers Market, by Tow Size
- U.S. Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Canada
- Canada Carbon Fiber Market, by Raw Material
- Canada Carbon Fibers Market, by Tow Size
- Canada Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Mexico
- Mexico Carbon Fiber Market, by Raw Material
- Mexico Carbon Fibers Market, by Tow Size
- Mexico Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Europe
- Europe Carbon Fiber Market, by Raw Material
- Europe Carbon Fibers Market, by Tow Size
- Europe Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- France
- France Carbon Fiber Market, by Raw Material
- France Carbon Fibers Market, by Tow Size
- France Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Germany
- Germany Carbon Fiber Market, by Raw Material
- Germany Carbon Fibers Market, by Tow Size
- Germany Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- U.K.
- U.K. Carbon Fiber Market, by Raw Material
- U.K. Carbon Fibers Market, by Tow Size
- U.K. Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Asia Pacific
- Asia Pacific Carbon Fiber Market, by Raw Material
- Asia Pacific Carbon Fibers Market, by Tow Size
- Asia Pacific Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- China
- China Carbon Fiber Market, by Raw Material
- China Carbon Fibers Market, by Tow Size
- China Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Japan
- Japan Carbon Fiber Market, by Raw Material
- Japan Carbon Fibers Market, by Tow Size
- Japan Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Taiwan
- Taiwan Carbon Fiber Market, by Raw Material
- Taiwan Carbon Fibers Market, by Tow Size
- Taiwan Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Central & South America
- Central & South America Carbon Fiber Market, by Raw Material
- Central & South America Carbon Fibers Market, by Tow Size
- Central & South America Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Brazil
- Brazil Carbon Fiber Market, by Raw Material
- Brazil Carbon Fibers Market, by Tow Size
- Brazil Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
- Middle East & Africa
- Middle East & Africa Carbon Fiber Market, by Raw Material
- Middle East & Africa Carbon Fibers Market, by Tow Size
- Middle East & Africa Carbon Fibers Market, by Application
- Automotive
- Aerospace & Defense
- Wind Turbines
- Sports/Leisure
- Molding & Compound
- Construction
- Pressure Vessel
- Others
Carbon Fiber Market Dynamics
Driver: Increasing concern for automotive fuel efficiency and environmental regulations
Increasing carbon fiber demand in the automotive industry is expected to drive market growth. Rising fuel prices have triggered the need for fuel-efficient vehicles. Presently, a substantial number of vehicles/cars run on conventional fuel technology, which has led to a rise in demand for fuel-efficient vehicles. Increasing environmental concerns and stringent automotive pollution control norms have forced automotive manufacturers to control automotive pollution. One of the most important factors affecting fuel efficiency and vehicular pollution is curb weight. Reduction in curb weight drastically increases fuel efficiency and reduces vehicular pollution. Stringent environmental regulations in Europe and the U.S. have forced automotive manufacturers to employ carbon fiber in automotive production. Globally, especially in Europe, regulations are forcing OEMs to significantly reduce vehicular CO2 emissions. Nine governments worldwide-Japan, the European Union, the U.S., Canada, China, South Korea, Mexico, Brazil, and India-have established, or proposed fuel economy or greenhouse gas emission standards for passenger vehicles and light commercial vehicles/light trucks. Established regulations in the EU, the U.S., Canada, and Mexico have augmented carbon fiber demand from automotive manufacturers in these regions. Proposed regulations in countries are expected to further fuel carbon fiber demand from automotive manufacturers.
Driver: Increasing use of carbon fiber in aerospace
The aerospace industry dominates the global carbon fiber market. Aerospace field demands lightweight and rigid materials for usage in aircraft, rockets, satellites, and missiles as it determines the performance. The U.S. and Europe are the key regions in the aerospace & defense sector with demand being driven by aircraft manufacturers such as Boeing and Airbus. The market segment is dominated by commercial aviation and the production of large passenger and cargo jets. The primary objective of using composite material is to reduce plane weight and introduce machines with improved performance. Commercial aviation has witnessed healthy growth across the aerospace industry, a trend which is expected to continue over the forecast period. Aviation industry is affected greatly by fluctuations in fuel prices. Fuel efficiency is a long-term solution to mitigate the risk associated with fuel prices. Fuel efficiency of an aircraft can easily be increased by weight reduction and is usually done using lightweight materials such as carbon fiber.
What Does This Report Include?
This section will provide insights into the contents included in this carbon fiber market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Carbon fiber market qualitative analysis
Carbon fiber market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance