Press Release
Carbon Fiber Composites Market Expands with 11.3% CAGR Forecast
Date: December 30, 2025
Location: Pune, India
Global Data Route Analytics has published its latest industry intelligence report titled “Global Carbon Fibers (CF) and Carbon Fiber Reinforced Plastics (CFRP) Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2035.” This detailed study provides market sizing, segmentation insights, competitive landscape, and future growth trends shaping the global carbon fiber and CFRP ecosystem.
The global carbon fibers and CFRP market is projected to grow from USD 2.28 billion in 2024 to approximately USD 5.60 billion by 2035, registering a compound annual growth rate (CAGR) of 11.3%. This remarkable growth trajectory is fueled by increasing demand for lightweight, high-strength materials in critical sectors such as aerospace, automotive, construction, and renewable energy.
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https://globaldatarouteanalytics.com/report/327/global-carbon-fibers-and-cfrp-market/download
Key Market Drivers:
- Rising adoption of carbon fiber composites for structural applications in aerospace and defense
- Growth in electric vehicle production, where CFRP materials enhance fuel efficiency and performance
- Demand from wind energy and infrastructure projects seeking sustainable and durable solutions
Technology and Innovation:
Advanced carbon fiber manufacturing processes, improvements in thermoplastic matrices, and recycling initiatives are expanding adoption and improving affordability. PAN-based carbon fibers continue to dominate the market due to superior mechanical properties and processing benefits.
Market Segmentation:
By Material Type
• Carbon Fibers
• Carbon Fiber Reinforced Plastics (CFRP)
• Others
By Fiber Type
• PAN-Based Carbon Fibers
• Pitch-Based Carbon Fibers
• Rayon-Based Carbon Fibers
By Form
• Tow
• Fabric
• Tape
• Others
By Application
• Aerospace & Defense
• Automotive
• Wind Energy
• Construction
• Sports & Leisure
• Marine
• Others
By End-Use Industry
• Commercial Aerospace
• Military & Defense Aerospace
• Passenger Vehicles
• Commercial Vehicles
• Renewable Energy
• Industrial
By Region
• North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific)
• Middle East & Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)
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Key Companies Profiled:
• Toray Industries, Inc.
• Teijin Limited
• Mitsubishi Chemical Holdings Corporation
• Hexcel Corporation
• SGL Carbon SE
• Cytec Solvay Group (Solvay S.A.)
• Zoltek (a subsidiary of Toray Industries)
• DowAksa Advanced Composites
• Formosa Plastics Corporation
• Owens Corning
• Hyosung Corporation
• Sino Carbon
• Mitsubishi Rayon Co., Ltd.
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About Global Data Route Analytics
Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.
Media Contact:
Srushti Tungar
Global Data Route Analytics