openPR Logo
Press release

Global Carbon Fiber Market Valued at US$ 3.40 Billion in 2023; Projected to Reach US$ 52.16 Billion by 2050 with a CAGR of 11.07% | Astute Analytica

07-31-2024 10:10 AM CET | Energy & Environment

Press release from: Astute Analytica

Global Carbon Fiber Market Valued at US$ 3.40 Billion in 2023;

The global ๐œ๐š๐ซ๐›๐จ๐ง ๐Ÿ๐ข๐›๐ž๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ was valued at approximately ๐”๐’$ ๐Ÿ‘.๐Ÿ’๐ŸŽ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ and is poised for significant growth, with an estimated market valuation of ๐”๐’$ ๐Ÿ“๐Ÿ.๐Ÿ๐Ÿ” ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ“๐ŸŽ. This robust expansion is anticipated to occur at a compound annual growth rate (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ๐Ÿ.๐ŸŽ๐Ÿ•% during the forecast period from ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ“๐ŸŽ.

๐“๐ก๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž- https://www.astuteanalytica.com/request-sample/carbon-fiber-market

The growth of the carbon fiber market is driven by increasing demand across various sectors, including aerospace, automotive, and industrial applications. Carbon fiber's unique properties-such as high strength-to-weight ratio, rigidity, and resistance to corrosion-make it an ideal material for advanced manufacturing processes and high-performance products.

Key factors contributing to this growth include technological advancements in carbon fiber production and the rising adoption of lightweight materials to enhance fuel efficiency and performance in automotive and aerospace sectors.

Advanced Composites Inc.
BASF SE
Formosa M Co. Ltd
Hexcel Corporation
Mitsubishi Chemical Carbon Fiber & Composites Inc.
Nippon Graphite Fiber Co. Ltd.
SGL Group
Solvay
Teijin Limited
Toray Industries Inc
Zoltek Corporation
Other Prominent players

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ, ๐ญ๐ซ๐ž๐ง๐๐ฌ, ๐š๐ง๐ ๐Ÿ๐ฎ๐ญ๐ฎ๐ซ๐ž ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง๐ฌ, ๐ฏ๐ข๐ฌ๐ข๐ญ:- https://www.astuteanalytica.com/industry-report/carbon-fiber-market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

๐๐ฒ ๐๐ซ๐ž๐œ๐ฎ๐ซ๐ฌ๐จ๐ซ ๐“๐ฒ๐ฉ๐ž

PAN Type Carbon Fibre
Pitch Type Carbon Fibre
By Tow Size

1-12 k
24-48 k
>48 k
By Modules

Standard Modulus (T300 -T700)
Intermediate Modulus (T800-T1100)
High Modulus (M35-M60)
By End User

Aerospace & Defence
Civil wide body
Civil narrow body
EVtol/drones
Military
Other
Automotive
Super cars
Premium vehicles (gasoline)
Electric vehicles (EVs)
Pressure vessels / Hydrogen storage
CNG
Hydrogen storage Automotive
Hydrogen storage Aerospace
Hydrogen storage Ground
Hydrogen storage Rail
Pressure vessels / Hydrogen storage
CNG
Hydrogen storage Automotive
Hydrogen storage Aerospace
Hydrogen storage Ground
Hydrogen storage Rail
Wind & Energy
Wind on-shore
Wind off-shore
Tidal power
Fuel cells
Other
Infrastructure/civil
Buildings
Concrete re-bar
Trains
Other
Consumer
Bicycles
Marine
Consumer goods
Other
By Region

North America
The US
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
Rest of MEA
South America
Argentina
Brazil
Rest of South America

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/carbon-fiber-market

๐€๐›๐จ๐ฎ๐ญ ๐€๐ฌ๐ญ๐ฎ๐ญ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐š:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

Get in touch with us
Phone number: +18884296757
Email: sales@astuteanalytica.com
Visit our website: https://www.astuteanalytica.com/
LinkedIn | Twitter | YouTube | Facebook

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Carbon Fiber Market Valued at US$ 3.40 Billion in 2023; Projected to Reach US$ 52.16 Billion by 2050 with a CAGR of 11.07% | Astute Analytica here

News-ID: 3605126 • Views: โ€ฆ

More Releases from Astute Analytica

Global Street Sweeper Market Valued at US$ 2,287.17 Million in 2024, Expected to Reach US$ 3,282.05 Million by 2033 at a CAGR of 4.13%
Global Street Sweeper Market Valued at US$ 2,287.17 Million in 2024, Expected to โ€ฆ
Introduction: Street Sweeper Market Shows Steady Growth Amid Urbanization The global street sweeper market was valued at US$ 2,287.17 million in 2024 and is projected to reach US$ 3,282.05 million by 2033, growing at a compound annual growth rate (CAGR) of 4.13% during the forecast period from 2025 to 2033. Rising urbanization, increasing government initiatives for cleaner cities, and the growing need for efficient waste management solutions are driving this steadyโ€ฆ
U.S. Glass Cleaner Market to Grow from US$ 832.5 Million in 2024 to US$ 1,556.4 Million by 2033 at a CAGR of 7.2%
U.S. Glass Cleaner Market to Grow from US$ 832.5 Million in 2024 to US$ 1,556.4 โ€ฆ
Introduction: Market Overview The U.S. glass cleaner market is experiencing robust growth, driven by rising consumer demand for cleanliness, hygiene awareness, and the expansion of the commercial and residential sectors. Valued at US$ 832.5 million in 2024, the market is projected to reach US$ 1,556.4 million by 2033, reflecting a healthy compound annual growth rate (CAGR) of 7.2% during the forecast period of 2025-2033. Gain Crystal-Clear Market Overview: Get Your Copy: -https://www.astuteanalytica.com/request-sample/us-glass-cleaner-market Glassโ€ฆ
Japan Processed Meat Market to Reach US$ 20.27 Billion by 2033, Growing at a CAGR of 5.32%
Japan Processed Meat Market to Reach US$ 20.27 Billion by 2033, Growing at a CAG โ€ฆ
The Japan processed meat market is witnessing robust growth, with the market valued at US$ 12.88 billion in 2024 and projected to attain US$ 20.27 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.32% during the forecast period from 2025 to 2033. This expansion is driven by evolving consumer preferences, increasing demand for convenient food options, and the growing adoption of processed meat products across urban andโ€ฆ
Global Organic Wine Market to Soar from US$ 12.14 Billion in 2024 to US$ 30.06 Billion by 2033 at a CAGR of 10.6%
Global Organic Wine Market to Soar from US$ 12.14 Billion in 2024 to US$ 30.06 B โ€ฆ
Global Organic Wine Market Shows Robust Growth Driven by Health-Conscious Consumers and Sustainable Practices The global organic wine market is on a significant growth trajectory, with market valuation rising from US$ 12.14 billion in 2024 to an anticipated US$ 30.06 billion by 2033, registering a compound annual growth rate (CAGR) of 10.6% during the forecast period 2025-2033. The growth is fueled by increasing consumer awareness of health, wellness, and sustainable agriculturalโ€ฆ

All 5 Releases


More Releases for Hydrogen

White Natural Hydrogen Market Growth 2025-2032 | Clean & Renewable Hydrogen Sour โ€ฆ
New York, U.S. - Worldwide Market Reports unveils its latest evaluation of the White Natural Hydrogen Market, highlighting the growing interest in naturally occurring, untapped hydrogen resources that can support decarbonization initiatives and supplement green and blue hydrogen production. Increasing exploration in geological formations, coupled with rising demand for low-carbon energy carriers, is driving adoption across industrial, energy, and mobility sectors. Near-term growth is expected from subsurface hydrogen reservoirs, renewableโ€ฆ
Hydrogen Electrolyzer Market, Fueling the Green Hydrogen Revolution Worldwide
Overview of the Market The hydrogen electrolyzer market is rapidly transforming into a cornerstone of the global clean energy transition, driven by increasing investments in sustainable technologies and government-led decarbonization efforts. A hydrogen electrolyzer is a device that splits water into hydrogen and oxygen using electricity, enabling the generation of green hydrogen when powered by renewable sources. This exponential rise is attributed to the surging demand for clean fuels, risingโ€ฆ
Hydrogen economy: hydrogen as an energy carrier is changing companies
The energy transition and climate protection have put the focus on a sustainable energy supply. Hydrogen is considered one of the most important energy sources of the future and plays a key role in the decarbonization of industry. Investments in the hydrogen economy are increasing worldwide. Germany is also increasingly focusing on promoting this technology. But what impact will this have on companies, the labor market and the competitiveness of Germanyโ€ฆ
Hydrogen Generator Market Growth: Powering the Green Hydrogen Economy
According to a new report published by Allied Market Research, The global hydrogen generator market size was valued at $1.2 billion in 2020, and hydrogen generator market forecast to reach $2.2 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030. Global shift toward the use of eco-friendly and renewable resources and several government initiatives toward development of eco-friendly hydrogen production technologies, coupled with rapidly increasing demand forโ€ฆ
Hydrogen Generation Market Clean Energy Transition and Green Hydrogen Innovation โ€ฆ
On March 31, 2025, Exactitude Consultancy., Ltd. announces the release of the report "Global Hydrogen Generation Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2034". The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands acrossโ€ฆ
Hydrogen Generator Market Dynamics: Trends Shaping the Hydrogen Economy
According to a new report published by Allied Market Research, The global hydrogen generator market size was valued at $1.2 billion in 2020, and hydrogen generator market forecast to reach $2.2 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030. Global shift toward the use of eco-friendly and renewable resources and several government initiatives toward development of eco-friendly hydrogen production technologies, coupled with rapidly increasing demand forโ€ฆ