Press release
CF & CFRP Market to Reach USD 47.5 Billion by 2035, Growing at 8.7% CAGR | Bally Ribbon Mills, Cytec Industries, DowAksa
According to the report, the CF & CFRP market is anticipated to grow from USD 20.6 Billion in 2025 to USD 47.5 Billion in 2035 at a CAGR of 8.7% during the forecast period. The CF and CFRP market is growing steadily, as an increase in demand from aerospace, automotive and renewable energy industries seeking to improve fuel efficiency and reduce carbon footprints. Carbon fiber is a fiber that has a high strength-to-weight ratio and durability, and it is the perfect material for lightweight structures that comply with increasingly stringent emission and safety regulations worldwide.Europe and North America have developed the inventions of high performance CF and CFRP materials, and manufacturers are investing heavily into new techniques for processing material to improve quality, and recyclability of CFRP. The government goal to move towards green transportation through, for instance, electric vehicles, and cleaner aircraft is already contributing to the facilitation of more CF utilization.
Get the Detailed Industry Analysis (including the Table of Contents, List of Figures, and List of Tables) - from the CF & CFRP Market Research Report: https://marketgenics.co/press-releases/cf-cfrp-market-48292
Regional Analysis of Global CF & CFRP Market
The CF & CFRP market is led by Europe, primarily Germany, France, and the UK, with support from their automotive and aerospace industries. Increasingly, the major companies, such as Airbus and BMW, are introducing light-weight materials like CFRP to improve fuel efficiency, or to reduce emissions. EU initiatives supporting decarbonization and material development, have solidified strong regulatory support for the adoption of CFRP products and potential product recycling, thus marketing adoptability.
North America, and specifically the United States, is also a major market, driven by aerospace, defense, and to a lesser extent, wind energy. Recent investment in electric vehicles and urban air mobility initiatives will spur additional adoption of CFRP for light-weighting.
Asia-Pacific is rapidly acquiring market share. Japan, China, and South Korea are ramping up domestic CFRP production capacity while creating exciting growth opportunities for greater domestic applications in various industries (automotive, sports equipment, wind energy etc.). China, specifically, is building a composite manufacturing and electric vehicle environment to build regional momentum.
Globally, the CF & CFRP market continues to expand as sustainability initiatives push a variety of industries to reduce weight and emissions. However, with high costs of materials and limitations on recycling options, continued innovation and government support will open doors to credibility for a range of new products.
Key players operating in the CF & CFRP market include A&P Technology, Bally Ribbon Mills, Cytec Industries, DowAksa, Formosa Plastics Corporation, Gurit Holding AG, Hexcel Corporation, Hyosung Advanced Materials, Mitsubishi Chemical Group, Nippon Graphite Fiber Corporation, Park Aerospace Corp., SGL Carbon, Solvay S.A., TCR Composites Inc., Teijin Limited, Toho Tenax Co. Ltd., Toray Industries Inc., Zoltek Corporation, and other key players, along with several other key players contributing to market growth through innovation, strategic partnerships, and global expansion.
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An upsurge in Global CF & CFRP Market
"Global CF & CFRP Market Expands Rapidly with Demand for Lightweight Materials in Aerospace, Automotive, and Wind Energy"
The Carbon Fiber and Carbon Fiber Reinforced Polymer (CF & CFRP) market is evolving rapidly as various industries pursue durable, lightweight materials to improve fuel efficiency and decrease emissions. The use of these composite materials is rapidly growing in aircraft, electric vehicles, and wind turbine blades. The CF & CFRP discussed in this report provide a perfect way for manufacturers to achieve both environmental compliance and improved performance.
Furthermore with key technology advances are made, manufacturers continue to invest in production capacity and recycling, which will boost market expansion; therefore CF & CFRP will be at the center of green mobility and clean energy production in the future.
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Recent Development and Strategic Overview:
In July 2025, Teijin Limited established a state-of-the-art carbon fiber manufacturing facility in Japan's Tokuyama plant to meet the increasing demand for lightweight and sturdy materials. With 25% reduced energy usage and an advanced low-emission stabilization technique, the new line dramatically lowers CO2 emissions. Specializing in CFRP applications for automotive and aerospace industries, the plant creates next-generation fiber with enhanced durability and recyclability.
In June 2025, Mitsubishi Chemical Group launched an advanced CFRP manufacturing facility in Nagoya meant to boost sustainable composite materials for industrial automation, mobility, and wind energy applications. Integrating recycling systems for offcuts and end-of-life components, the plant boasts a high-throughput, energy-optimized method that reduces manufacturing emissions by 30%. Mitsubishi's new factory increases the availability of green CFRP solutions by concentrating on lightweight construction and circular economy techniques.
Get a preview of our CF & CFRP Market Playbook - your guide to GTM strategy, competitive intelligence, supplier dynamics, and Consumer Behavior Analysis: https://marketgenics.co/playbook/cf-cfrp-market-48292
Key Trend: Rising Use of Recyclable Composites and Thermoplastic CFRPs Drives Sustainable Innovation across Mobility and Energy Sectors
The CFRP market has rapidly shifted towards recyclability and adaptable design. Thus, in order to respond to this development, manufacturers are concentrating on thermoplastic CFRP's and recyclable resin systems that lessen manufacturing ability and allow for easier reprocessing at end-of-life biomass a bonus in automotive, aerospace, and wind.
Furthermore, with the pressure continuing for markets to offer light-weight and energy-efficient strategies for designing products, demand for the CFRP market continues. Demand is also being met with the shift towards automation, and digital fabrication systems that continue to decrease manufacturing costs and sustainably provide mass production.
Contact:
Mr. Debashish Roy
MarketGenics India Pvt. Ltd.
800 N King Street, Suite 304 #4208, Wilmington, DE 19801, United States
USA: +1 (302) 303-2617
Email: sales@marketgenics.co
Website: https://marketgenics.co
About Us
MarketGenics is a global market research and management consulting company empowering decision makers across healthcare, technology, and policy domains. Our mission is to deliver granular market intelligence combined with strategic foresight to accelerate sustainable growth.
We support clients across strategy development, product innovation, healthcare infrastructure, and digital transformation.
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