Press release
Mesophase Pitch Market Size Estimated to Reach US$ 1,287.9 Million at a CAGR of 6.8% by 2034
Mesophase Pitch Market
Mesophase pitch refers to a specialized precursor derived from petroleum or coal tar, primarily used in the production of high-performance carbon fibers. Renowned for its superior heat resistance, electrical conductivity, and mechanical strength, it is increasingly utilized across aerospace, automotive, energy storage, and electronics industries. The market's growth is driven by rising demand for lightweight materials, energy-efficient technologies, and ongoing advancements in carbon fiber applications.
For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=10606
Key Trends & Forecast
Rise of Pitch‐Based Carbon Fibers
Carbon fibers derived from mesophase pitch dominate aerospace, defense, industrial, and electronics segments, thanks to their high modulus and thermal stability.
Technology Innovations in Pitch Processing
Novel heat-treatment protocols (e.g., pressurized/vacuum sequences), supercritical extraction, and hydrogenation enhance yield, purity, and consistency of mesophase pitch.
Sustainable & Cost-Effective Production
Coal- and naphthalene-derived pitches are gaining attention as more sustainable and cost-efficient feedstocks, in response to volatile crude supply.
Emergence of High‐Modulus Grades
With stronger demand for ultra-high modulus fibers in aerospace, wind energy, and high‐end electronics, manufacturers are developing premium pitch grades.
Lightweighting & Climate Goals
Lightweight carbon composites help industries improve energy efficiency-for vehicles, aircraft, and wind turbines-supporting the shift toward sustainable design.
Collaborations & Regional Expansion
Partnerships between pitch producers and carbon-fiber manufacturers are emerging, especially in Asia‐Pacific, to ensure steady supply and tailored formulations.
Country-wise Insights
In 2024, China's mesophase pitch market was valued at US$ 89.1 million and is expected to grow at a CAGR of 7.1% through 2034, generating an absolute opportunity of US$ 87.5 million during the forecast period. China continues to establish itself as a dominant hub for mesophase pitch adoption, driven by its expansive industrial base and significant investments in advanced manufacturing technologies. The ongoing modernization of its aerospace and automotive sectors further fuels demand for high-performance materials such as mesophase pitch.
Meanwhile, the mesophase pitch market in the United States is projected to reach US$ 246.6 million by 2034, expanding at a CAGR of 7.3%. The market is anticipated to offer an absolute opportunity of US$ 124.2 million between 2024 and 2034. As a mature economy with a strong presence in aerospace, defense, automotive, and energy sectors, the U.S. remains a lucrative market for mesophase pitch producers. The accelerated shift toward electric vehicles and renewable energy has intensified the demand for advanced materials in battery systems and lightweight structural components, bolstering the role of mesophase pitch in recent years.
Competitive Landscape
The global mesophase pitch market features a competitive landscape led by prominent players such as Graphite India Limited, Hexcel Corporation, Jiangsu Jinqiao Carbon Co., Ltd., Kureha Corporation, Mitsubishi Rayon, SGL Group, Taekwang Industrial Co., Ltd., and Teijin Limited.
These companies prioritize research and development as a strategic focus, dedicating significant resources to innovation, problem-solving, and product differentiation. To maintain a competitive edge, many are developing tailored solutions that address sector-specific challenges, particularly in aerospace, automotive, and energy applications.
In September 2023, Jiangsu Jinqiao Carbon Co. announced a partnership with a leading research institution to develop advanced mesophase pitch materials. This collaboration aims to enhance material performance and broaden application potential in high-tech industries.
Similarly, in March 2023, Teijin Limited launched a new carbon fiber product line targeting automotive applications. Designed to promote fuel efficiency and reduce emissions, the product reflects Teijin's commitment to lightweight, sustainable material solutions in mobility.
Browse Full Report: https://www.factmr.com/report/mesophase-pitch-market
Segmentation of Mesophase Pitch Industry Research
By Product type :
Isotropic Mesophase Pitch
Anisotropic Mesophase Pitch
By End-Use Industry :
Aerospace & Defense
Automotive
Energy
Electronics
Construction & Manufacturing
By Production Method :
Coal Tar Pitch-Based
Petroleum-Based
Biomass-Based (Emerging)
By Region :
North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia & Pacific
Middle East & Africa
Check out More Related Studies Published by Fact.MR:
Catalyst Carrier Industry Analysis in East Asia
https://www.factmr.com/report/catalyst-carrier-industry-analysis-in-east-asia
Aluminosilicate Market
https://www.factmr.com/report/aluminosilicate-market
Catalyst Carrier Industry Analysis in South Asia & Oceania
https://www.factmr.com/report/catalyst-carrier-industry-analysis-in-south-asia-and-oceania
Catalyst Carrier Industry Analysis in Middle East & Africa
https://www.factmr.com/report/catalyst-carrier-industry-analysis-in-middle-east-and-africa
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
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 Mesophase Pitch Market Size Estimated to Reach US$ 1,287.9 Million at a CAGR of 6.8% by 2034 here
News-ID: 4100551 • Views: …
More Releases from Fact.MR
Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CA …
The global Fine Blanking Tools Market is set for steady growth over the next decade, driven by rising demand for high-precision components, ongoing industrial automation, and surging requirements from automotive, electronics, and aerospace sectors. According to a recent forecast, the market is expected to grow from approximately USD 948.1 million in 2025 to USD 1,430.6 million by 2035, at a compound annual growth rate (CAGR) of about 4.2 % between…
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; …
The global benzodiazepine drugs market is projected to expand in the coming decade, driven by growing incidence of anxiety, insomnia, alcohol-withdrawal disorders, and advances in pharmaceutical formulations. According to a recent Fact.MR report, the market was valued at approximately USD 2.35 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 2.8% to reach USD 3.1 billion by 2032.
Market Drivers & Outlook
The demand for…
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Adva …
The global Ultrasound Systems Market is on a strong growth trajectory, projected to rise from USD 10.8 billion in 2025 to approximately USD 19.7 billion by 2035, expanding at a CAGR of 6.2% during the forecast period. This growth is fueled by the rising demand for non-invasive diagnostic imaging, the increasing prevalence of chronic diseases, expanding healthcare infrastructure, and continuous technological innovations such as AI integration and portable imaging systems.
Key…
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethico …
The global Surgical Staplers Market is forecast to show strong growth over the next decade, nearly doubling in value as demand surges for efficient, reliable wound closure in advanced surgical procedures. According to the latest Fact.MR Surgical Staplers Market Size & Share Forecast Outlook 2025-2035 report, the market is expected to grow from USD 6.0 billion in 2025 to USD 12.5 billion by 2035, at a compound annual growth rate…
More Releases for Pitch
Small Pixel Pitch LED Display Market
Small Pixel Pitch LED Display Market Overview
he pitch of a LED screen defines the distance between the pixels. Small Pitch LED Display refers to the pixel pitch of LED Display which is below 2.5mm, including P2.5, P2.0, P1.8, P1.5 P 1.2, P 1, P 0.7, etc. With the development of LED display, it has been defined the pixel pitch below 2mm as the small pitch LED Display. In this report,…
Small Pitch LED Display Market
Small Pitch LED Display Market Overview
he pitch of a LED screen defines the distance between the pixels. Small Pitch LED Display refers to the pixel pitch of LED Display which is below 2.5mm, including P2.5, P2.0, P1.8, P1.5 P 1.2, P 1, P 0.7, etc. With the development of LED display, it has been defined the pixel pitch below 2mm as the small pitch LED Display. In this report, we…
Pitch and Yaw Geardrive Market
Pitch and Yaw Geardrive Market Overview
The yaw drive is an important component of the horizontal axis wind turbines' yaw system. To ensure the wind turbine is producing the maximal amount of electric energy at all times, the yaw drive is used to keep the rotor facing into the wind as the wind direction changes. A pitch system monitors and controls the angle of attack of the rotor blades and thus…
Investment Banking Pitch Books, Due Diligence Report, Due Diligence Private Limi …
The Market due diligence, unrelated other characteristics of diligence, does not base its encounters on information distributed by the establishment. Instead, market due diligence encompasses the congregation data from industry experts, competitors, customers, and sporadically suppliers and other third-party market contestants. In niche markets, it is imperative to gain the standpoint not only of clients, lost accounts, and prospects, but third-party market authorities, and, most prominently, direct and indirect contributors.
The…
Pitchbook Creation, IPO Pitch Book Creation, Investment Banking Pitch Books, Equ …
The investment banking pitch books are the marketing tool generated by the investment banks/firms. It is basically a sales presentation which primarily has details related to main attributes of firm. One of the crucial purposes of pitch book creation is to encourage the dialogue between potential client and sales team of investment banks. Further, investment banking pitch book focuses on the marketing the organisation’s services and products. Moreover, these books…
Coal Tar Pitch Market Report 2018: Segmentation by Type (Medium Temperature Coal …
Global Coal Tar Pitch market research report provides company profile for Shanxi Coking, Wugang Coking, Jining Carbon, Shandong Gude Chemical, Yenakiieve Coke and Chemicals, RuTGERS, JFE, Koppers Industries, Coopers Creek, Tangent Rail, Shanghai Baosteel and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate,…
