Carbon Fiber Market 2022, Estimation, Key Player, Portfolio, SWOT Analysis and Forecast to 2028

May 18 11:34 2022
Carbon Fiber Market 2022, Estimation, Key Player, Portfolio, SWOT Analysis and Forecast to 2028
Carbon Fiber Market
The Global Carbon Fiber Market was valued at USD 3.67 Billion in the year 2020 with leading the market share.

Carbon Fiber Market Overview:

The Global Carbon Fiber Market was valued at USD 3.67 Billion in the year 2020 with Europe region leading the market share. Carbon Fiber market is majorly driven by the aerospace industry to enhance the performance and efficiency of aircraft. The superior physical strength, low coefficient of thermal expansion, high dimensional stability, and low abrasion characteristics of carbon fiber complement its applications in aerospace antennas, aircraft brakes, and support structures. Moreover, booming wind energy sector is generating strong demand for carbon fiber for their use in wind blades. The exceptional fatigue and corrosion resistance property of carbon material enhance the longevity of wind blades. Further, the growing adoption of clean energy technologies to reduce emission is expected to further drive the carbon fiber market in estimated years.

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Market Segmentations:

The publisher’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading carbon fiber market vendors that include DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti., Formosa Plastics Corp., Hexcel Corp., Mitsubishi Chemical Holdings Corp., Nippon Graphite Fiber Corp., Saudi Basic Industries Corp., SGL Carbon SE, Solvay SA, Teijin Ltd., and Toray Industries Inc. Also, the carbon fiber market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Segments Overview:

The Carbon Fiber Market is segmented as below:

By End-user

Aerospace and defense

Sports and leisure

Wind energy



By Geographical Landscape

North America



South America


This study identifies the increasing use of carbon fibers in the aerospace and defense sector as one of the prime reasons driving the carbon fiber market growth during the next few years.

The report on carbon fiber market covers the following areas:

Carbon fiber market sizing

Carbon fiber market forecast

Carbon fiber market industry analysis

A selection of companies mentioned in this report includes:


Dalian Xingke Carbon Fiber Co. Ltd.


ELG Carbon Fibre

Formosa Plastics Corporation

Hexcel Corporation

Hyosung Advanced Materials

Jiangsu Hengshen Co. Ltd.

Jilin Qifeng Chemical Fiber Co. Ltd.


Mallinda Inc.

Mitsubishi Chemical Holdings

Nippon Graphite Fiber Corporation


Osaka Gas Chemicals Co. Ltd.

SGL Carbon


Taekwang Industries Co. Ltd.

Teijin Limited

Toray Industries Inc.

Umatex (Alabuga Fiber)


Vartega Inc.

Weihai Guangwei Composites Co. Ltd.

Zhong An Xin Technology Co. Ltd.

Zhongfu Shenying Carbon Fiber Co. Ltd.

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Table of Contents

Executive Summary

Research Scope and Methodology

Aim & Objective of the study

Market Definition

Study Information

General Study Assumptions

Research Phases

Market Analysis


Market Dynamics



Market Trends & Developments

Market Opportunities

Regulatory Policies

Analysis of Covid-19 Impact

Industry Analysis

Supply Chain Analysis

Porter’s Five Forces Analysis

Competition in the Industry

Potential of New Entrants into the Industry

Bargaining Power of Suppliers

Bargaining Power of Consumers

Threat of substitute products

Key Company Profiles

Toray Industries, Inc.

The 3M Company



Kureha Corporation

Teijin Limited

ELG Carbon Fibre Ltd

Koninklijke DSM N.V.

Trelleborg AB

DowAksa Advanced Composites Holdings BV

Competitive Landscape

List of Notable Players in the Market

M&A, JV, and Agreements

Market Share Analysis

Strategies of Key Players

Conclusions and Recommendations


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