Delray Beach, FL, Aug. 13, 2025 (GLOBE NEWSWIRE) — In terms of value, the Carbon Fiber Market size is expected to reach USD 6.82 billion by 2030 from USD 4.82 billion in 2025, at a CAGR of 7.2%, as per the recent study by MarketsandMarkets™. The demand for carbon fibers is on the rise across diverse end-use industries due to their unique properties and growing applications. Industries such as aerospace & defense, wind energy, automotive, pipes, sporting goods, medical & healthcare, construction & infrastructure, and pressure vessels rely on carbon fibers. The market is also expected to benefit from technological advancements in carbon fiber manufacturing processes, making the material high-quality, vibrant, and durable.
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Browse in-depth TOC on “Carbon Fiber Market”
321 – Market Data Tables
74 – Figures
326 – Pages
List of Key Players in Carbon Fiber Market:
- Toray Industries, Inc. (Japan),
- DowAksa (Turkey),
- Mitsubishi Chemical Group Corporation (Japan),
- Syensqo (Belgium),
- Teijin Limited (Japan),
- SGL Carbon (Germany),
- Hexcel Corporation (US),
- HS Hyosung Advanced Materials (South Korea),
- Zhongfu Shenying Carbon Fiber Co., Ltd. (China),
- Kureha Corporation (Japan)
Drivers, Opportunities and Challenges in Carbon Fiber Market:
- Drivers: Increased use in wind energy industry
- Restraint: High production cost.
- Opportunity: Potential opportunities in new applications.
- Challenge: Capital-intensive production and complex manufacturing process.
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Key Findings of the Study:
- PAN-based carbon fiber dominated the raw material type segment in terms of value in the carbon fiber market.
- Recycled carbon fiber is expected to grow at the highest CAGR in terms of value in the carbon fiber market during the forecasted period.
- Intermediate modulus accounted for the second-largest share in terms of value in the carbon …