Press release
Carbon Fiber Composites Market Outlook 2025 to 2035 Growth Insights with Solvay, Teijin Limited, Mitsubishi Chemical Fiber Corporation, Hengshen, Rock West Composites, Hexcel Corporation, MRC, Toho
The global carbon fiber composites market is poised for significant expansion, with its valuation expected to surge from USD 25.6 billion in 2025 to a remarkable USD 72.3 billion by 2035. This represents a robust Compound Annual Growth Rate (CAGR) of 10.9% over the assessment period, fueled by escalating demand for lightweight, high-performance, and corrosion-resistant materials across diverse industries.Growth in the market is fundamentally driven by the critical need for materials that offer superior structural performance while reducing weight and emissions. The aerospace and defense sectors continue to be the largest consumers of carbon fiber composites, leveraging their benefits for fuel efficiency and stringent regulatory compliance. Automotive original equipment manufacturers (OEMs) are increasingly integrating these composites into high-performance EVs and body structures to enhance vehicle efficiency. Furthermore, the burgeoning deployment of carbon fiber turbine blades in both onshore and offshore wind projects is significantly contributing to market expansion.
Dive Deeper into the Data-View the Full Report Here: https://www.futuremarketinsights.com/reports/carbon-fiber-composites-market
Market Segmentation Highlights:
• Raw Material Dominance: Polyacrylonitrile (PAN)-based carbon fiber composites currently hold the largest market share due to their exceptional tensile strength, low density, and superior thermal stability, making them preferred across aerospace, automotive, and energy sectors.
• Product Type Leadership: Continuous carbon fiber composites lead the market, driven by their indispensable role in structural applications like aerospace fuselage structures, wind turbine blades, and automotive chassis, owing to their superior strength-to-weight ratio.
• Fastest-Growing Matrix Material: While thermoset composites currently dominate, thermoplastic composites are projected for the fastest growth. Their recyclability, shorter cycle times, and suitability for automated mass production make them highly attractive, especially in the evolving automotive and electronics industries.
• Automotive's Rapid Ascent: The automotive segment is forecast to register the fastest growth between 2025 and 2035, as carbon composites become integral to EVs, body panels, and structural reinforcements. This growth is amplified by the global shift towards electric mobility and government incentives for lightweight materials. Aerospace & defense, however, remains the largest application segment in 2025, accounting for over one-third of global revenue.
Evolving Landscape and Emerging Opportunities:
The market is set to undergo a significant transformation from 2025 to 2035, moving towards mass-scale applications in mainstream mobility, infrastructure, and energy systems. Advancements in resin matrix technology and process automation are expected to reduce unit costs, unlocking demand in new sectors such as hydrogen storage, rail transport, and construction. The industry is also witnessing a push for sustainability, with increasing interest in low-energy manufacturing processes and closed-loop recycling chains.
Addressing Industry Pain Points and Competitive Dynamics:
Key industry players are actively addressing challenges such as high material costs, inconsistent quality, and process inefficiencies through improved logistics, enhanced production capacity, and the development of faster manufacturing methods like out-of-autoclave curing. Investment in recyclable composites and closed-loop manufacturing is also a growing focus to meet sustainability demands.
• Toray Industries: Bolsters its position through vertical integration and strategic acquisitions, like Zoltek, to expand cost-effective carbon fiber production for industrial applications.
• Teijin Limited: Emphasizes sustainability with innovations like "green Tenax Carbon Fiber" from recycled and biomass-derived materials.
• Mitsubishi Chemical Group Corporation: Diversifies market share through partnerships, exemplified by its agreement with the Japan Windsurfing Association to promote carbon fiber recycling.
• Hexcel Corporation: Focuses on continuous innovation and strategic collaborations, such as providing carbon fiber prepreg for Dassault's Falcon 10X program, alongside expanding manufacturing capabilities.
• Solvay: Drives development through product innovation and alliances, introducing advanced materials like LTM 350 epoxy prepreg for time and cost savings in aerospace and automotive manufacturing.
Top Segments Studied in the Carbon Fiber Composites
Market Research Report
By End Use:
By end use, the segmentation is as aerospace, automotive, wind turbines, sports & leisure, civil engineering, marine applications, and other end uses.
By Matrix Material:
By matrix material, the segmentation is as polymer matrix (thermosetting and thermoplastics), carbon matrix, ceramics matrix, metal matrix, and hybrid matrix.
By Region:
By region, the segmentation is North America, Latin America, Europe, the Middle East & Africa, and Asia Pacific.
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Explore FMI's related ongoing Coverage in Chemicals & Materials Domain:
Carbon Fiber Composites for Prosthetics Market: https://www.futuremarketinsights.com/reports/carbon-fibre-composites-prosthetics-market
Carbon Steel Market: https://www.futuremarketinsights.com/reports/carbon-steel-market
Carbon Steel Industry Analysis in North America: https://www.futuremarketinsights.com/reports/carbon-steel-industry-analysis-in-north-america
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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