Chem Reports indicates that the global CF & CFRP market is projected to grow from USD XX million in 2025 to USD XX million by 2035, registering an estimated CAGR of XX%. The analysis uses 2024 as the base year, with market projections spanning the period from 2025 to 2035.
· PAN-Based Carbon Fiber
o Dominant raw material; offers high strength, superior performance, and broad application scope.
· Pitch-Based Carbon Fiber
o Higher modulus; used in aerospace, military, and specialty industrial applications.
· Rayon-Based Carbon Fiber
o Limited usage, mainly in high-temperature insulation applications.
· Recycled Carbon Fiber
o Emerging category; used in automotive, consumer goods, and industrial components.
· Epoxy Resin
o Most widely used resin system; high strength, durability, and fatigue resistance.
· Polyester Resin
o Cost-effective; used in less demanding applications.
· Vinyl Ester Resin
o Strong chemical resistance; used in marine and industrial settings.
· Thermoplastic Resins (PEEK, PEKK, PPS, PA, PP)
o Fast processing, recyclability, and impact resistance; rapidly growing.
· Others
o Cyanate esters, phenolics, and specialty engineering resins.
· Continuous Fibers
o Used in aerospace and structural components.
· Chopped Fibers
o Used in injection molding and bulk molding compounds.
· Woven Fabrics
o Popular in automotive, sporting goods, and industrial applications.
· Prepregs
o Fiber pre-impregnated with resin; used in aerospace, automotive, and high-end performance products.
· Pultruded Profiles
· UD Tapes (Unidirectional Tapes)
o Critical in aerospace and next-generation composite structures.
· Molded Composites (SMC, BMC)
o High-volume automotive and industrial applications.
· Autoclave Molding
o High-performance aerospace parts.
· Resin Transfer Molding (RTM)
o Mid-volume automotive and industrial applications.
· Compression Molding
o Used for fast-cycle thermoplastic CFRP.
· Filament Winding
o Pressure vessels, pipes, and tubes.
· Pultrusion
o Long profiles and structural beams.
· Additive Manufacturing with CF-Reinforced Materials
o Growing fast for lightweight, complex parts.
· Aerospace & Defense
o Primary market; used in fuselage, wings, nacelles, interiors, UAVs, and structural parts.
· Automotive
o Lightweight structural components, EV parts, body panels, drive shafts.
· Wind Energy
o Carbon fiber blades for high-performance wind turbines.
· Sporting Goods
o Bicycles, rackets, skis, helmets, golf shafts.
· Industrial
o Robotics, automated machinery, pressure vessels, tooling.
· Marine
o Hulls, masts, racing boats, underwater structures.
· Construction
o Strengthening materials, reinforcements, and structural panels.
· Electronics
o Lightweight casings, drones, wearables.
· Medical
o Prosthetics, orthopedics, imaging equipment.
· Aerospace
· Automotive
· Energy
· Industrial Manufacturing
· Sports & Leisure
· Marine
· Construction
· Medical
· Consumer Electronics
· Toray Industries
· Teijin Limited (Toho Tenax)
· Mitsubishi Chemical Group
· SGL Carbon
· Hexcel Corporation
· Formosa Plastics
· Cytec (now part of Solvay)
· Hyosung Advanced Materials
· Solvay
· Hexcel
· Gurit
· A&P Technology
· Nippon Graphite Fiber Corp.
· Plasan Carbon Composites
· Zoltek (a Toray company)
· Chemprene
· SABIC
· Lanxess
· Avient Corporation
· Magna International (composites division)
· Continental Structural Plastics
· Local carbon fiber manufacturers in China, South Korea, and India
· Companies specializing in recycled carbon fiber and thermoplastic composites
· Control a major portion of global carbon fiber production.
· Provide high-grade fibers for aerospace, automotive, and industrial uses.
· Strong backward integration and consistent R&D investment.
· Offer advanced prepregs, UD tapes, and structural composites.
· Strong presence in aerospace, defense, wind energy, and high-performance industries.
· Focus on automation, resin innovation, and sustainability.
· Develop cost-efficient CF/CFRP materials for large-volume manufacturing.
· Specialize in thermoplastic CFRP, SMC/BMC composites, and EV-specific parts.
· Rapid adoption in EV lightweighting and structural components.
· Rapid capacity expansion in China and South Korea.
· Growing competitiveness in cost-effective carbon fiber and composite solutions.
· Increasing global presence due to supportive industrial policies.
· Demand for lightweight materials to improve fuel efficiency in aerospace and automotive.
· Rapid growth in electric vehicles (EVs) requiring lightweight structures.
· Increasing adoption in wind turbines for efficiency and stronger blades.
· Expansion in sports, consumer goods, and medical applications.
· Advancements in thermoplastic CFRP and automated manufacturing technologies.
· High production cost of carbon fiber.
· Complex manufacturing processes requiring significant capital.
· Recycling and sustainability concerns.
· Limited availability of high-grade carbon fiber in some regions.
· Growth in urban air mobility (eVTOL), drones, and aerospace next-gen platforms.
· Increasing use of recycled carbon fiber in cost-sensitive applications.
· Use of CF composites in hydrogen tanks, pressure vessels, and renewable energy.
· Automation and digitalization enabling high-volume CFRP production.
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2020 to 2024 and forecast data from 2025 to 2035.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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Chapter 1 Industry Overview
1.1 Definition
1.2 Brief Introduction by Major Type
1.2.1 Resin Transfer Molding Process
1.2.2 Filament Winding Process
1.2.3 Injection Molding Process
1.2.4 Pultrusion Process
1.2.5
1.2.6
1.2.7
1.2.8
1.2.9
1.3 Brief Introduction by Major Application
1.3.1 Pipe & Tank
1.3.2 Marine
1.3.3 Electrical & Electronics
1.3.4 Medical
1.3.5 Other Applications
1.3.6
1.3.7
1.3.8
1.3.9
1.4 Brief Introduction by Major Regions
1.4.1 United States
1.4.2 Europe
1.4.3 China
1.4.4 Japan
1.4.5 India
1.5 Brief Introduction by Major
1.5.1
1.5.2
1.5.3
1.5.4
1.5.5
1.5.6
1.5.7
1.5.8
1.5.9
1.6 Brief Introduction by Major
1.6.1
1.6.2
1.6.3
1.6.4
1.6.5
1.6.6
1.6.7
1.6.8
1.6.9
1.7 Brief Introduction by Major
1.7.1
1.7.2
1.7.3
1.7.4
1.7.5
1.7.6
1.7.7
1.7.8
1.7.9
1.8 Brief Introduction by Major
1.8.1
1.8.2
1.8.3
1.8.4
1.8.5
1.8.6
1.8.7
1.8.8
1.8.9
Chapter 2 Production Market Analysis
2.1 Global Production Market Analysis
2.1.1 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
2.1.2 Major Manufacturers Performance and Market Share
2.2 Regional Production Market Analysis
2.2.1 Regional Market Performance and Market Share
2.2.2 United States Market
2.2.3 Europe Market
2.2.4 China Market
2.2.5 Japan Market
2.2.6 India Market
2.2.7 Market
Chapter 3 Sales Market Analysis
3.1 Global Sales Market Analysis
3.1.1 Global Sales Volume, Sales Price and Sales Revenue Analysis
3.1.2 Major Manufacturers Performance and Market Share
3.2 Regional Sales Market Analysis
3.2.1 Regional Market Performance and Market Share
3.2.2 United States Market
3.2.3 Europe Market
3.2.4 China Market
3.2.5 Japan Market
3.2.6 India Market
3.2.7 Market
Chapter 4 Consumption Market Analysis
4.1 Global Consumption Market Analysis
4.1.1 Global Consumption Volume Analysis
4.2 Regional Consumption Market Analysis
4.2.1 Regional Market Performance and Market Share
4.2.2 United States Market
4.2.3 Europe Market
4.2.4 China Market
4.2.5 Japan Market
4.2.6 India Market
4.2.7 Market
Chapter 5 Production, Sales and Consumption Market Comparison Analysis
5.1 Global Production, Sales and Consumption Market Comparison Analysis
5.2 Regional Production, Sales Volume and Consumption Volume Market Comparison Analysis
5.2.1 United States
5.2.2 Europe
5.2.3 China
5.2.4 Japan
5.2.5 India
5.2.6
Chapter 6 Major Manufacturers Production and Sales Market Comparison Analysis
6.1 Global Major Manufacturers Production and Sales Market Comparison Analysis
6.1.1 Global Major Manufacturers Production and Sales Market Comparison
6.2 Regional Major Manufacturers Production and Sales Market Comparison Analysis
6.2.1 United States
6.2.2 Europe
6.2.3 China
6.2.4 Japan
6.2.5 India
6.2.6
Chapter 7 Major Type Analysis
7.1 Major Type Market Share
7.2 Resin Transfer Molding Process
7.3 Filament Winding Process
7.4 Injection Molding Process
7.5 Pultrusion Process
7.6
7.7
7.8
7.9
7.10
Chapter 8 Major ApplicationAnalysis
8.1 Major Application Market Share
8.2 Pipe & Tank
8.2.1 Sales Analysis
8.3 Marine
8.3.1 Sales Analysis
8.4 Electrical & Electronics
8.4.1 Sales Analysis
8.5 Medical
8.5.1 Sales Analysis
8.6 Other Applications
8.6.1 Sales Analysis
8.7
8.7.1 Sales Analysis
8.8
8.8.1 Sales Analysis
8.9
8.9.1 Sales Analysis
8.10
8.11.1 Sales Analysis
Chapter 9 Industry Chain Analysis
9.1 Up Stream Industries Analysis
9.1.1 Raw Material and Suppliers
9.1.2 Equipment and Suppliers
9.2 Manufacturing Analysis
9.2.1 Manufacturing Process
9.2.2 Manufacturing Cost Structure
9.2.3 Manufacturing Plants Distribution Analysis
9.3 Industry Chain Structure Analysis
Chapter 10 Global and Regional Market Forecast
10.1 Production Market Forecast
10.1.1 Global Market Forecast
10.1.2 Major Region Forecast
10.2 Sales Market Forecast
10.2.1 Global Market Forecast
10.2.2 Major Classification Forecast
10.3 Consumption Market Forecast
10.3.1 Global Market Forecast
10.3.2 Major Region Forecast
10.3.3 Major Application Forecast
Chapter 11 Major Manufacturers Analysis
11.1 Toray Industries Inc.
11.1.1 Company Introduction
11.1.2 Product Specification and Major Types Analysis
11.1.3 Production Market Performance
11.1.4 Sales Market Performance
11.1.5 Contact Information
11.2 Teijin Limited
11.2.1 Company Introduction
11.2.2 Product Specification and Major Types Analysis
11.2.3 Production Market Performance
11.2.4 Sales Market Performance
11.2.5 Contact Information
11.3 Mitsubishi Chemical Holdings Corporation
11.3.1 Company Introduction
11.3.2 Product Specification and Major Types Analysis
11.3.3 Production Market Performance
11.3.4 Sales Market Performance
11.3.5 Contact Information
11.4 SGL Group
11.4.1 Company Introduction
11.4.2 Product Specification and Major Types Analysis
11.4.3 Production Market Performance
11.4.4 Sales Market Performance
11.4.5 Contact Information
11.5 Formosa Plastics Corporation
11.5.1 Company Introduction
11.5.2 Product Specification and Major Types Analysis
11.5.3 Production Market Performance
11.5.4 Sales Market Performance
11.5.5 Contact Information
11.6 Hexcel Corporation
11.6.1 Company Introduction
11.6.2 Product Specification and Major Types Analysis
11.6.3 Production Market Performance
11.6.4 Sales Market Performance
11.6.5 Contact Information
11.7 Hyosung
11.7.1 Company Introduction
11.7.2 Product Specification and Major Types Analysis
11.7.3 Production Market Performance
11.7.4 Sales Market Performance
11.7.5 Contact Information
11.8 Tencate
11.8.1 Company Introduction
11.8.2 Product Specification and Major Types Analysis
11.8.3 Production Market Performance
11.8.4 Sales Market Performance
11.8.5 Contact Information
11.9 Dowaksa
11.9.1 Company Introduction
11.9.2 Product Specification and Major Types Analysis
11.9.3 Production Market Performance
11.9.4 Sales Market Performance
11.9.5 Contact Information
11.10 Cytec Solvay Group
11.10.1 Company Introduction
11.10.2 Product Specification and Major Types Analysis
11.10.3 Production Market Performance
11.10.4 Sales Market Performance
11.10.5 Contact Information
11.11 Taekwang Industrial Co. Ltd.
11.11.1 Company Introduction
11.11.2 Product Specification and Major Types Analysis
11.11.3 Production Market Performance
11.11.4 Sales Market Performance
11.11.5 Contact Information
11.12 Gurit Holdings AG
11.12.1 Company Introduction
11.12.2 Product Specification and Major Types Analysis
11.12.3 Production Market Performance
11.12.4 Sales Market Performance
11.12.5 Contact Information
11.13 Plasan Carbon Composites
11.13.1 Company Introduction
11.13.2 Product Specification and Major Types Analysis
11.13.3 Production Market Performance
11.13.4 Sales Market Performance
11.13.5 Contact Information
11.14 SK Chemicals
11.14.1 Company Introduction
11.14.2 Product Specification and Major Types Analysis
11.14.3 Production Market Performance
11.14.4 Sales Market Performance
11.14.5 Contact Information
11.15 Nippon Graphite Fiber Corporation
11.15.1 Company Introduction
11.15.2 Product Specification and Major Types Analysis
11.15.3 Production Market Performance
11.15.4 Sales Market Performance
11.15.5 Contact Information
11.16 Kemrock Industries and Exports Ltd.
11.16.1 Company Introduction
11.16.2 Product Specification and Major Types Analysis
11.16.3 Production Market Performance
11.16.4 Sales Market Performance
11.16.5 Contact Information
11.17 Park Electrochemical Corporation
11.17.1 Company Introduction
11.17.2 Product Specification and Major Types Analysis
11.17.3 Production Market Performance
11.17.4 Sales Market Performance
11.17.5 Contact Information
11.18 BGF Industries
11.18.1 Company Introduction
11.18.2 Product Specification and Major Types Analysis
11.18.3 Production Market Performance
11.18.4 Sales Market Performance
11.18.5 Contact Information
11.19 Hindoostan Composite Solutions
11.19.1 Company Introduction
11.19.2 Product Specification and Major Types Analysis
11.19.3 Production Market Performance
11.19.4 Sales Market Performance
11.19.5 Contact Information
11.20 Crosby Composites
11.20.1 Company Introduction
11.20.2 Product Specification and Major Types Analysis
11.20.3 Production Market Performance
11.20.4 Sales Market Performance
11.20.5 Contact Information
11.21
Sigmatex Limited
11.21.1 Company Introduction
11.21.2 Product Specification and Major Types Analysis
11.21.3 Production Market Performance
11.21.4 Sales Market Performance
11.21.5 Contact Information
11.22
Royal DSM
11.22.1 Company Introduction
11.22.2 Product Specification and Major Types Analysis
11.22.3 Production Market Performance
11.22.4 Sales Market Performance
11.22.5 Contact Information
11.23
Zhongao Carbon
11.23.1 Company Introduction
11.23.2 Product Specification and Major Types Analysis
11.23.3 Production Market Performance
11.23.4 Sales Market Performance
11.23.5 Contact Information
11.24
HC Composite
11.24.1 Company Introduction
11.24.2 Product Specification and Major Types Analysis
11.24.3 Production Market Performance
11.24.4 Sales Market Performance
11.24.5 Contact Information
11.25
Aeron Composite Pvt. Ltd.
11.25.1 Company Introduction
11.25.2 Product Specification and Major Types Analysis
11.25.3 Production Market Performance
11.25.4 Sales Market Performance
11.25.5 Contact Information
11.26
11.26.1 Company Introduction
11.26.2 Product Specification and Major Types Analysis
11.26.3 Production Market Performance
11.26.4 Sales Market Performance
11.26.5 Contact Information
11.27
11.27.1 Company Introduction
11.27.2 Product Specification and Major Types Analysis
11.27.3 Production Market Performance
11.27.4 Sales Market Performance
11.27.5 Contact Information
11.28
11.28.1 Company Introduction
11.28.2 Product Specification and Major Types Analysis
11.28.3 Production Market Performance
11.28.4 Sales Market Performance
11.28.5 Contact Information
11.29
11.29.1 Company Introduction
11.29.2 Product Specification and Major Types Analysis
11.29.3 Production Market Performance
11.29.4 Sales Market Performance
11.29.5 Contact Information
11.30
11.30.1 Company Introduction
11.30.2 Product Specification and Major Types Analysis
11.30.3 Production Market Performance
11.30.4 Sales Market Performance
11.30.5 Contact Information
11.31
11.31.1 Company Introduction
11.31.2 Product Specification and Major Types Analysis
11.31.3 Production Market Performance
11.31.4 Sales Market Performance
11.31.5 Contact Information
11.32
11.32.1 Company Introduction
11.32.2 Product Specification and Major Types Analysis
11.32.3 Production Market Performance
11.32.4 Sales Market Performance
11.32.5 Contact Information
11.33
11.33.1 Company Introduction
11.33.2 Product Specification and Major Types Analysis
11.33.3 Production Market Performance
11.33.4 Sales Market Performance
11.33.5 Contact Information
11.34
11.34.1 Company Introduction
11.34.2 Product Specification and Major Types Analysis
11.34.3 Production Market Performance
11.34.4 Sales Market Performance
11.34.5 Contact Information
11.35
11.35.1 Company Introduction
11.35.2 Product Specification and Major Types Analysis
11.35.3 Production Market Performance
11.35.4 Sales Market Performance
11.35.5 Contact Information
11.36
11.36.1 Company Introduction
11.36.2 Product Specification and Major Types Analysis
11.36.3 Production Market Performance
11.36.4 Sales Market Performance
11.36.5 Contact Information
11.37
11.37.1 Company Introduction
11.37.2 Product Specification and Major Types Analysis
11.37.3 Production Market Performance
11.37.4 Sales Market Performance
11.37.5 Contact Information
11.38
11.38.1 Company Introduction
11.38.2 Product Specification and Major Types Analysis
11.38.3 Production Market Performance
11.38.4 Sales Market Performance
11.38.5 Contact Information
11.39
11.39.1 Company Introduction
11.39.2 Product Specification and Major Types Analysis
11.39.3 Production Market Performance
11.39.4 Sales Market Performance
11.39.5 Contact Information
11.40
11.40.1 Company Introduction
11.40.2 Product Specification and Major Types Analysis
11.40.3 Production Market Performance
11.40.4 Sales Market Performance
11.40.5 Contact Information
Chapter 12 New Project Investment Feasibility Analysis
12.1 New Project SWOT Analysis
12.2 New Project Investment Feasibility Analysis
Chapter 13 Conclusions
Chapter 14 Appendix
Author List
Disclosure Section
Research Methodology
Data Source
Interview List
Global Disclaimer
· PAN-Based Carbon Fiber
o Dominant raw material; offers high strength, superior performance, and broad application scope.
· Pitch-Based Carbon Fiber
o Higher modulus; used in aerospace, military, and specialty industrial applications.
· Rayon-Based Carbon Fiber
o Limited usage, mainly in high-temperature insulation applications.
· Recycled Carbon Fiber
o Emerging category; used in automotive, consumer goods, and industrial components.
· Epoxy Resin
o Most widely used resin system; high strength, durability, and fatigue resistance.
· Polyester Resin
o Cost-effective; used in less demanding applications.
· Vinyl Ester Resin
o Strong chemical resistance; used in marine and industrial settings.
· Thermoplastic Resins (PEEK, PEKK, PPS, PA, PP)
o Fast processing, recyclability, and impact resistance; rapidly growing.
· Others
o Cyanate esters, phenolics, and specialty engineering resins.
· Continuous Fibers
o Used in aerospace and structural components.
· Chopped Fibers
o Used in injection molding and bulk molding compounds.
· Woven Fabrics
o Popular in automotive, sporting goods, and industrial applications.
· Prepregs
o Fiber pre-impregnated with resin; used in aerospace, automotive, and high-end performance products.
· Pultruded Profiles
· UD Tapes (Unidirectional Tapes)
o Critical in aerospace and next-generation composite structures.
· Molded Composites (SMC, BMC)
o High-volume automotive and industrial applications.
· Autoclave Molding
o High-performance aerospace parts.
· Resin Transfer Molding (RTM)
o Mid-volume automotive and industrial applications.
· Compression Molding
o Used for fast-cycle thermoplastic CFRP.
· Filament Winding
o Pressure vessels, pipes, and tubes.
· Pultrusion
o Long profiles and structural beams.
· Additive Manufacturing with CF-Reinforced Materials
o Growing fast for lightweight, complex parts.
· Aerospace & Defense
o Primary market; used in fuselage, wings, nacelles, interiors, UAVs, and structural parts.
· Automotive
o Lightweight structural components, EV parts, body panels, drive shafts.
· Wind Energy
o Carbon fiber blades for high-performance wind turbines.
· Sporting Goods
o Bicycles, rackets, skis, helmets, golf shafts.
· Industrial
o Robotics, automated machinery, pressure vessels, tooling.
· Marine
o Hulls, masts, racing boats, underwater structures.
· Construction
o Strengthening materials, reinforcements, and structural panels.
· Electronics
o Lightweight casings, drones, wearables.
· Medical
o Prosthetics, orthopedics, imaging equipment.
· Aerospace
· Automotive
· Energy
· Industrial Manufacturing
· Sports & Leisure
· Marine
· Construction
· Medical
· Consumer Electronics
· Toray Industries
· Teijin Limited (Toho Tenax)
· Mitsubishi Chemical Group
· SGL Carbon
· Hexcel Corporation
· Formosa Plastics
· Cytec (now part of Solvay)
· Hyosung Advanced Materials
· Solvay
· Hexcel
· Gurit
· A&P Technology
· Nippon Graphite Fiber Corp.
· Plasan Carbon Composites
· Zoltek (a Toray company)
· Chemprene
· SABIC
· Lanxess
· Avient Corporation
· Magna International (composites division)
· Continental Structural Plastics
· Local carbon fiber manufacturers in China, South Korea, and India
· Companies specializing in recycled carbon fiber and thermoplastic composites
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