세계의 탄소섬유 복합재료 시장 예측(-2032년) : 유형별, 수지 유형별, 섬유 유형별, 형상별, 최종 사용자별, 지역별 분석

According to Stratistics MRC, the Global Carbon Fiber Composites Market is accounted for $22.9 billion in 2025 and is expected to reach $33.1 billion by 2032 growing at a CAGR of 5.4% during the forecast period. Carbon fiber composites are advanced materials made by combining carbon fibers with a polymer matrix, typically epoxy, to create a lightweight yet extremely strong and durable structure. These composites offer high tensile strength, stiffness, and resistance to corrosion and fatigue, making them ideal for demanding applications. Widely used in aerospace, automotive, sports equipment, and renewable energy sectors, carbon fiber composites help reduce weight while maintaining structural integrity. Their unique properties enable improved fuel efficiency, performance, and design flexibility. Despite high production costs, ongoing innovations are expanding their use across industries seeking high-performance, sustainable, and technologically advanced material solutions.

Market Dynamics:

Driver:

Rising Demand for Lightweight Materials

The carbon fiber composites market is driven by increasing demand for lightweight materials across industries like aerospace, automotive, and renewable energy. These composites offer superior strength-to-weight ratios, enabling improved fuel efficiency, performance, and structural integrity. As manufacturers seek to reduce emissions and enhance product capabilities, carbon fiber becomes a preferred choice. Its application in electric vehicles, aircraft, and wind turbines is expanding rapidly, making lightweight innovation a central force behind market growth and technological advancement.

Restraint:

High Production Costs

High production costs pose a major challenge to the carbon fiber composites market, limiting widespread adoption across industries such as automotive, aerospace, and construction. Expensive raw materials, energy-intensive processes, and specialized equipment elevate manufacturing expenses, making end products less competitive compared to alternatives. These costs restrict market penetration, deter small and medium manufacturers, and slow technological adoption, ultimately hindering growth despite the material's superior strength, durability, and lightweight properties.

Opportunity:

Stringent Emission Regulations

Stringent global emission regulations present a major opportunity for carbon fiber composites. Governments are mandating lower CO2 emissions, pushing industries to adopt lightweight, fuel-efficient materials. Carbon fiber's ability to reduce vehicle and aircraft weight directly supports compliance with environmental standards. This shift is accelerating its use in electric vehicles, public transport, and aviation. As sustainability becomes a priority, carbon fiber composites are positioned as a key solution for meeting regulatory goals while enhancing performance and reducing environmental impact.

Threat:

Complex Manufacturing Techniques

Complex manufacturing techniques in the carbon fiber composites market act as a significant barrier increasing production costs, extending lead times, and limiting scalability. High technical expertise and specialized equipment requirements restrict new entrants and slow adoption across industries. These challenges reduce manufacturing flexibility, hinder rapid innovation, and make large-scale deployment economically demanding, ultimately restraining market growth despite the material's superior strength-to-weight ratio.

Covid-19 Impact:

The COVID-19 pandemic disrupted the carbon fiber composites market by affecting supply chains, delaying projects, and reducing demand in key sectors like aerospace and automotive. Lockdowns and economic uncertainty led to postponed investments and production halts. However, the crisis also highlighted the need for resilient, high-performance materials in medical and infrastructure applications. As industries recover, renewed focus on sustainability and efficiency is expected to drive demand for carbon fiber composites, reshaping priorities and accelerating innovation in post-pandemic manufacturing.

The marine segment is expected to be the largest during the forecast period

The marine segment is expected to account for the largest market share during the forecast period because carbon fiber's corrosion resistance, lightweight nature, and high durability make it ideal for marine applications such as hulls, masts, and propellers. These properties enhance fuel efficiency, speed, and structural integrity in boats and ships. As demand grows for advanced materials in recreational and commercial marine vessels, carbon fiber composites are increasingly favored over traditional metals, positioning the marine segment as the largest contributor to market share.

The polyester segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the polyester segment is predicted to witness the highest growth rate, as polyester resins offer cost-effective processing, good mechanical properties, and compatibility with carbon fibers, making them suitable for a wide range of applications. Their use is expanding in automotive, construction, and consumer goods due to ease of molding and durability. As industries seek affordable composite solutions without compromising performance, polyester-based carbon fiber composites are gaining traction, driving rapid growth in this segment throughout the forecast period.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, owing to rapid industrialization, expanding automotive and aerospace sectors, and strong manufacturing capabilities in countries like China, Japan, and India are driving demand. Government initiatives promoting lightweight materials and sustainability further support market growth. The region's robust infrastructure development and increasing adoption of advanced composites across industries position Asia Pacific as a dominant force in global carbon fiber composite production and consumption.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, as region benefits from strong R&D, advanced manufacturing technologies, and high demand in aerospace, automotive, and defense sectors. U.S.-based companies are investing in innovation and expanding production capacity to meet growing needs for lightweight, high-performance materials. Supportive regulatory frameworks and sustainability goals are accelerating adoption. As industries prioritize fuel efficiency and emission reduction, North America is poised for rapid growth in carbon fiber composite applications.

Key players in the market

Some of the key players in Carbon Fiber Composites Market include Toray Industries, Inc., Jiangsu Hengshen Co., Ltd., Teijin Limited, Zhongfu Shenying Carbon Fiber Co., Ltd., Mitsubishi Chemical Group Corporation, Gurit Holding AG, Hexcel Corporation, Cytec Industries, SGL Carbon SE, DowAksa, Solvay S.A., Nippon Graphite Fiber Co., Ltd., Zoltek Corporation, Hyosung Advanced Materials and Formosa Plastics Corporation.

Key Developments:

In September 2025, Toray Industries and MAS Holdings have established a joint venture, Toray MAS Apparel India, to enhance India's apparel supply chain. The new facility, located in Bhuinpur, Odisha, is set to begin operations in early 2026. This collaboration aims to leverage MAS Holdings' manufacturing expertise and Toray's advanced materials technology to meet the growing demand for high-quality textile solutions.

In June 2025, Toray Industries has inaugurated the Middle East Water Treatment Technical Center (MEWTEC) in Dammam, Saudi Arabia, through its subsidiary Toray Membrane Middle East LLC (TMME). MEWTEC aims to address the growing demand for clean water in the Middle East, Africa, and neighboring regions by providing comprehensive technological support for water treatment, including membrane products and complete treatment systems.

Types Covered:

• Carbon Fiber Reinforced Polymer (CFRP)
• Carbon Fiber Reinforced Thermoplastic
• Carbon Fiber Reinforced Plastic
• Other Types

Resin Types Covered:

• Epoxy
• Vinyl Ester
• Polyester
• Other Resin Types

Fiber Types Covered:

• PAN-based Carbon Fiber
• Rayon-based Carbon Fiber
• Pitch-based Carbon Fiber

Forms Covered:

• Unidirectional
• Woven
• Non-woven Mats
• Chopped / Short

End Users Covered:

• Aerospace & Defense
• Sports & Leisure
• Automotive
• Wind Energy
• Marine
• Construction & Infrastructure
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Carbon Fiber Composites Market, By Type

• 5.1 Introduction
• 5.2 Carbon Fiber Reinforced Polymer (CFRP)
• 5.3 Carbon Fiber Reinforced Thermoplastic
• 5.4 Carbon Fiber Reinforced Plastic
• 5.5 Other Types

6 Global Carbon Fiber Composites Market, By Resin Type

• 6.1 Introduction
• 6.2 Epoxy
• 6.3 Vinyl Ester
• 6.4 Polyester
• 6.5 Other Resin Types

7 Global Carbon Fiber Composites Market, By Fiber Type

• 7.1 Introduction
• 7.2 PAN-based Carbon Fiber
• 7.3 Rayon-based Carbon Fiber
• 7.4 Pitch-based Carbon Fiber

8 Global Carbon Fiber Composites Market, By Form

• 8.1 Introduction
• 8.2 Unidirectional
• 8.3 Woven
• 8.4 Non-woven Mats
• 8.5 Chopped / Short

9 Global Carbon Fiber Composites Market, By End User

• 9.1 Introduction
• 9.2 Aerospace & Defense
• 9.3 Sports & Leisure
• 9.4 Automotive
• 9.5 Wind Energy
• 9.6 Marine
• 9.7 Construction & Infrastructure
• 9.8 Other End Users

10 Global Carbon Fiber Composites Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Toray Industries, Inc.
• 12.2 Jiangsu Hengshen Co., Ltd.
• 12.3 Teijin Limited
• 12.4 Zhongfu Shenying Carbon Fiber Co., Ltd.
• 12.5 Mitsubishi Chemical Group Corporation
• 12.6 Gurit Holding AG
• 12.7 Hexcel Corporation
• 12.8 Cytec Industries
• 12.9 SGL Carbon SE
• 12.10 DowAksa
• 12.11 Solvay S.A.
• 12.12 Nippon Graphite Fiber Co., Ltd.
• 12.13 Zoltek Corporation
• 12.14 Hyosung Advanced Materials
• 12.15 Formosa Plastics Corporation