Carbon Fiber Tapes Market to hit US$ 6.9 Billion by 2031 | Top Companies - Evonik Industries AG, Solvay SA, Toray Industries, Inc.

Leander, Texas and Tokyo, Japan - Dec.12.2025
As per DataM intelligence research report" Global Carbon Fiber Tapes Market reached US$ 2.7 billion in 2023 and is expected to reach US$ 6.9 billion by 2031, growing with a CAGR of 12.5% during the forecast period 2024-2031." Lightweight composites and high-strength performance requirements are driving uptake of carbon fiber tapes.

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United States: Recent Industry Developments

✅ In November 2025, Toray Composite Materials America expanded capacity for thermoplastic carbon fiber tapes The tapes are used for rapid automated layup of aerospace parts It supports the U.S. aerospace industry's need for faster production rates

✅ In October 2025, Hexcel launched a new "Hi-Tape" specifically designed for dry fiber placement The tape allows for the infusion of resin after layup, reducing autoclave time It lowers the manufacturing cost of large composite structures like wing skins

✅ In September 2025, SGL Carbon partnered with a U.S. automotive supplier to develop tape-wound pressure vessels The technology uses carbon fiber tape to reinforce hydrogen storage tanks It is a key enabler for the hydrogen economy in the U.S. transport sector

✅ In August 2025, Teijin Carbon America released a recycled carbon fiber tape for non-structural applications The product uses reclaimed fiber aligned into a tape format for interior panels It promotes circularity in the U.S. composites industry

Japan: Recent Industry Developments

✅ In December 2025, Toray Industries developed a high-modulus carbon fiber tape for eVTOL aircraft The tape allows for the automated layup of lightweight, stiff airframes It supports the emerging "Flying Car" industry ahead of the Osaka Expo

✅ In November 2025, Mitsubishi Chemical Group launched a thermoplastic carbon fiber tape for auto parts The tape can be welded and reshaped, allowing for faster cycle times in mass production It targets the high-volume Japanese automotive market

✅ In October 2025, Fukui Prefectural University partnered with local textiles firms to develop thin-ply tapes The "spread tow" tapes allow for thinner, lighter laminates for sports equipment It revitalizes Japan's regional textile industry with advanced materials

✅ In September 2025, Teijin Limited introduced a carbon fiber tape reinforced pipe for offshore wind The flexible pipe enables the transmission of power from floating wind turbines It supports Japan's strategy for offshore renewable energy expansion

Carbon Fiber Tapes Market: Drivers
Carbon fiber tapes are gaining traction in aerospace, automotive, sports equipment, and wind energy sectors due to their lightweight strength and high performance. These tapes provide superior stiffness and structural reinforcement for composite manufacturing. Companies are adopting unidirectional and woven tapes to improve durability and reduce component weight.

Advances in resin systems, automated fiber placement, and high-temperature-resistant materials are enhancing product capabilities. The rise of electric vehicles and renewable energy projects is driving substantial demand. Manufacturers are scaling production with improved precision and cost-efficient processes. Carbon fiber tapes remain essential for high-performance engineering applications.

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Carbon Fiber Tapes Market: Major Players
Evonik Industries AG, Solvay SA, Toray Industries, Inc., SABIC, Hexcel Corporation, Teijin Limited, SGL Carbon, Mitsubishi Chemical Group Corporation, Avient Corporation and Celanese Corporation.

Segment Covered in the Carbon Fiber Tapes Market:
By Resin
The market is segmented into Epoxy 50%, Thermoplastic 20%, Bismaleimide 10%, Polyamide 10%, and Others 10%, with epoxy dominating due to high mechanical strength, thermal stability, and widespread use across aerospace, automotive, and construction industries. Thermoplastic resins are growing with demand for lightweight, recyclable composites. Bismaleimide and polyamide resins are expanding in niche high-temperature and specialized applications. Continuous innovation in resin chemistry supports overall market growth.

By Form
Forms include Prepreg Tape 65% and Dry Tape 35%, with prepreg tapes dominating due to ease of handling, consistent quality, and suitability for high-performance applications. Dry tapes are growing in cost-sensitive and semi-structural applications. Advancements in manufacturing and automated layup processes are driving adoption across industries.

By Manufacturing Process
Processes include Hot Melt 55% and Solvent Dip 45%, with hot melt dominating due to faster production, environmental benefits, and superior bonding performance. Solvent dip is used for specialty applications requiring specific resin impregnation. Process innovation and environmental regulations are influencing manufacturing preferences.

By End-User
End-users include Aerospace & Defense 35%, Marine 15%, Building & Construction 15%, Sporting Goods 10%, Pipes & Tanks 10%, and Others 15%, with aerospace & defense dominating due to high performance and lightweight requirements. Marine and construction applications are growing steadily with demand for corrosion-resistant and high-strength materials. Sporting goods and pipes & tanks represent niche but high-value markets. Increasing adoption of composites for lightweight and high-performance structures supports market growth.

Regional Analysis
North America - 30% Share
North America leads with 30% share due to strong aerospace, defense, and automotive sectors in the U.S. and Canada. Epoxy prepreg tapes dominate. Hot melt manufacturing is widely used. Aerospace & defense and marine applications drive growth. Advanced composite manufacturing facilities and R&D investments support market expansion.

Europe - 25% Share
Europe holds 25% share with adoption in Germany, France, and the UK. Epoxy and thermoplastic prepreg tapes dominate. Hot melt processes are preferred. Aerospace, automotive, and construction are key end-users. Innovation in lightweight composites and sustainability initiatives support market growth.

Asia Pacific - 25% Share
Asia Pacific accounts for 25% share driven by China, Japan, and South Korea. Aerospace, automotive, and sporting goods applications lead demand. Prepreg epoxy tapes dominate. Hot melt processes are widely adopted. Rapid industrialization, increasing infrastructure projects, and rising manufacturing capabilities drive growth.

South America - 10% Share
South America records 10% share, led by Brazil. Epoxy tapes dominate. Hot melt process is commonly used. Aerospace, construction, and sporting goods are primary applications. Growing infrastructure development and increasing adoption of composites support market expansion.

Middle East & Africa - 10% Share
Middle East & Africa hold 10% share with adoption in UAE, Saudi Arabia, and South Africa. Aerospace & defense and construction applications lead demand. Epoxy prepreg tapes dominate. Hot melt and solvent dip processes are both used. Investments in defense, infrastructure, and renewable energy projects drive growth.

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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