Press release
Lucintel Forecasts Carbon Fiber Market to Reach $4 billion by 2031
Carbon Fiber Market: Trends, Opportunities and Competitive Analysis to 2031
According to the recent study the carbon fiber market [https://www.lucintel.com/carbon-fiber-market.aspx] is projected to reach an estimated $4 billion by 2031 with a CAGR of 5% from 2024 to 2031. Growth in this market is primarily driven by growth, owing to factors such as increasing demand for lightweight and fuel-efficient vehicles, aerospace advancements, wind energy expansion, and growing applications in sports and leisure sectors. Carbon fiber is widely used in industries such as automotive, aerospace, wind energy, sports equipment, construction, and marine, among others. The major drivers for market growth are growing demand for high performance and lightweight composite materials and increasing performance requirements in the end uses.
Browse 119 figures / charts and 113 tables in this 306 -page report to understand trends, opportunities and forecast in carbon fiber market by end use (aerospace, industrial, and sporting goods), precursor type (PAN BASED based and Pitch based based), tow size (small tow (24k)), modulus (standard modulus, intermediate modulus, and high modulus), and region (North America, Europe, and the Rest of the World).
Lucintel forecasts that industrial will remain the largest end use segment and aerospace is expected to witness highest growth over the forecast period.
PAN based carbon fiber will remain the largest segment and pitch based is expected to witness the highest growth over the forecast period.
Download sample by clicking on carbon fiber market
APAC is expected to remain the largest market and it is also expected to witness the highest growth over the forecast period due to demand from the industries of aerospace, automotive, and wind energy.
Toray Industries Inc., Hexcel Corporation, Mitsubishi Chemical Corporation, Syensqo, SGL Carbon, Teijin Limited, Formosa Plastics Corporation, DowAksa, Hyosung, Nippon Graphite Fiber Corporation are the major suppliers in the carbon fiber market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. +1 972.636.5056
Explore Our Latest Publications
[https://www.lucintel.com/coating-heads-market.aspx]
[https://www.lucintel.com/epoxy-coating-market.aspx]
[https://www.lucintel.com/hard-coating-market.aspx]
[https://www.lucintel.com/rebar-coating-market.aspx]
Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=lucintel-forecasts-carbon-fiber-market-to-reach-4-billion-by-2031]
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/carbon-fiber-market.aspx
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
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 Lucintel Forecasts Carbon Fiber Market to Reach $4 billion by 2031 here
News-ID: 4098439 • Views: …
More Releases from ABNewswire
Nfinity Sets the Standard in Cheerleading with Trusted Cheer Shoes, Uniforms, an …
Nfinity Sets the Standard in Cheerleading with Trusted Cheer Shoes, Uniforms, and Backpacks for Youth Athletes
Image: https://lh7-rt.googleusercontent.com/docsz/AD_4nXcJyZ5GgFBoyQB9EDlnSwfplRajvWdla-pevA3xJAO3PDsZ2YLZJIc2mtVjnfL8_y7XLTkSWxRGuINlsSOBBe7adW7H32jmhDiiBlHuvFYTrXVxkUfBcRK97Ml8IiGTvdbG6-Yt?key=gY4i3d9RMWlxq4TFBlTU_w
In the modern transforming cheerleading arena, one name stands out for youth athletes and their families: Nfinity. Nfinity is renowned for its exceptional performance and cheer accessories. Nfinity collections set the benchmark with their cheer shoes [https://www.nfinity.com/collections/cheerleading-shoes-white-light-weight-cheer-shoes-nfinity-athletics], custom cheer uniforms, and cheer backpacks [https://www.nfinity.com/collections/cheer-backpacks-cheerleading-bags-nfinity-athletics]. The upcoming generation of skills is the intended audience for…
Ouros Jewels Expand Its Reach as Demand for Ethical Diamond Jewelry Grows
Ouros Jewels Expand Its Reach as Demand for Ethical Diamond Jewelry Grows
Image: https://lh7-rt.googleusercontent.com/docsz/AD_4nXdLyBa9MMDROSUXDsa7DRw_Cx5Q8ZOMQXJtA7O9QH-t1nguHgl32YH8Jy9CSZ9N5sU__uT45rx23K17r5ar9Q5co5Ai9KXERx7XZe1pOyP4KjwyKSlh-nOGEGODhEDzSTqcjEteRxZtei2jwBKc0ow?key=klN5R-Xx_vmvtQ3Ma85fyg
The demand for ethical diamond jewelry [http://ourosjewels.com/collections/all-jewelry-lab-grown-diamond-loose] is still rising as more people search for environmentally friendly and ethical options. Certified lab-grown diamonds are currently regarded as a lovely and environmentally friendly substitute for mined gems. One brand is emerging as a prominent name in contemporary fine jewelry thanks to a great emphasis on transparency, quality, and environmentally…
GroundLuxe Introduces the Next Generation of Revolutionary Bedding: More Silver, …
Have you ever felt refreshed after a barefoot walk on grass or sand? That calm, grounded feeling might not just be in your head. It could be your body connecting with the Earth's natural energy. This idea, called grounding or earthing, is gaining attention for its potential to improve health, especially sleep. One easy way to tap into this energy is by using grounding sheets on your bed. These special…
Demand for Expert Tax Preparation and Bookkeeping Surges in USA With IBN Technol …
Audit preparation and submission timelines improve with outsourced tax preparation and bookkeeping. U.S. businesses reduce rework and inconsistencies by engaging expert teams that handle complex filings, multi-entity coordination, and document validation with year-round support.
Miami, Florida - 15 July, 2025 - Organizations throughout the U.S. are stepping away from legacy in-house processes as they seek agility in financial compliance. The urgency to meet submission deadlines without overburdening staff has brought new…
More Releases for Lucintel
Lucintel Forecasts Photoinitiator Market to Reach $1.6 Billion by 2027
According to the recent study the photoinitiator market is projected to reach an estimated $1.6 billion by 2027 from $1.0 billion in 2021, at a CAGR of 8.2% from 2021 to 2027. Growth in this market is primarily driven by its excellent properties like relative stability and range of light absorption.
Browse 93 figures / charts and 69 tables in this 163 -page report to understand trends, opportunities and forecast in…
Lucintel Forecasts Supercapacitor Market to Reach $3.6 Billion by 2027
According to the recent study the supercapacitor market is projected to reach an estimated $3.6 billion by 2027 from $1.5 billion in 2021, at a CAGR of 15% from 2021 to 2027. Growth in this market is primarily driven by increasing production of electrical vehicles, growth in portable electronics, and superior properties of supercapacitors, such as high energy density, long lifecycles, and power stabilization, as compared to conventional power storage…
Lucintel Forecasts Capacitor Market to Reach $31.2 Billion by 2027
According to the recent study the capacitor market is projected to reach an estimated $31.2 billion by 2027 from $22.1 billion in 2021, at a CAGR of 5.9% from 2021 to 2027. Growth in this market is primarily driven by increasing demand for consumer electronics products, growing demand for premium smartphones, and increasing production of electric vehicles.
Browse 157 figures / charts and 132 tables in this 190 -page report to…
Lucintel Forecasts Composites Market to Reach $60.6 Billion by 2027
According to the recent study the composites market is projected to reach an estimated $60.6 billion by 2027 from $47.0 billion in 2021, at a CAGR of 5.5% from 2021 to 2027. Growth in this market is primarily driven by increasing demand for lightweight materials in the aerospace & defense and automotive industries; corrosion- and- chemical-resistant materials' demand in construction, and pipe & tank industries; electrical resistivity and high flame…
Lucintel Forecasts Sensor Market to Reach $267.8 Billion by 2026
According to the recent study the sensor market is projected to reach an estimated $267.8 billion by 2026 from $132.1 billion in 2020, at a CAGR of 12.5% from 2020 to 2026. Growth in this market is primarily driven by growth of internet of things (IoT), increasing need of automation in various industries, and miniaturization of sensors.
Browse 94 figures / charts and 79 tables in this 183-page report to…
Lucintel Forecasts Magnetite Market to Reach $130.8 billion by 2026
According to the recent study the magnetite market is projected to reach an estimated $130.8 billion by 2026, at a CAGR of 5% from 2020 to 2026. Growth in this market is primarily driven by growing demand for high grade iron ore, increasing production of steel in China, growth in building and infrastructure development, and rapid industrialization.
Browse 106 figures / charts and 86 tables in this 169 -page report to…
