Carbon Fiber Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Carbon Fiber Market was valued at USD 2589.46 million in 2020, and the market is projected to register a CAGR of 5% during the forecast period (2021-2027).

Carbon fibers are made up of carbon atoms joined to form long chains 5-10 m in diameter. These carbon atoms form microscopic crystals that exhibit high strength to weight ratio. Carbon fibers are about 5-10 micrometers in diameter and are fibers composed mostly of carbon atoms. Carbon fiber has several advantages including high stiffness, high tensile strength, low weight, high chemical resistance, high temperature resistance and low thermal expansion. These properties make carbon fiber very popular in aerospace, civil engineering, military and motor sports, along with other competitive sports.

Market Segments

Based on raw material

• PAN–based carbon fiber
• Pitch–based carbon fiber

Based on product type

• Continuous carbon fiber
• Long carbon fiber
• Short carbon fiber

Based on fiber type

• Virgin carbon fiber
• Recycled carbon fiber

Key Players

• Toray Indusries (Japan)
• Teijin Limited (Japan)
• SGL Carbon (Germany)
• Mitsubishi Chemical Holdings (Japan)
• Hexcel Corporation (US)
• Solvay (Belgium)

Scope of the Report

The research study analyzes the global Carbon Fiber industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Carbon Fiber Market Report

1. What was the Carbon Fiber Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Carbon Fiber Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Carbon Fiber Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.