Product Code: CH 2794
The CFRP market is estimated at USD 22.48 billion in 2025 and is projected to reach USD 35.55 billion by 2030, at a CAGR of 9.6% from 2025 to 2030.
Scope of the Report |
Years Considered for the Study | 2022-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Million) and Volume (Kiloton) |
Segments | Precursor type, source, resin type, manufacturing process, end-use industry, and region |
Regions covered | Europe, North America, Asia Pacific, Middle East & Africa, and Latin America |
Pitch precursor accounted for the second-largest share due to its unique combination of properties and the growing demand in high-performance industries. While polyacrylonitrile (PAN) remains the dominant precursor, pitch-based carbon fibers derived from petroleum-based pitch offer superior mechanical properties and high thermal stability. They possess excellent tensile strength, exceeding 5 GPa, which is comparable to steel. Moreover, their specific stiffness is twice that of aluminum, making them ideal for lightweight applications. Pitch carbon fibers exhibit exceptional resistance to corrosion, chemicals, and extreme temperatures, enabling their use in demanding environments. Their high thermal conductivity ensures efficient heat dissipation, making them suitable for heat-sensitive applications.
''In terms of value, virgin carbon fiber accounted for the largest share of the overall CF market.''
The virgin segment accounted for the largest market share due to its exceptional properties, including its lightweight structure, stiffness, and chemical resistance, which make it indispensable in end-use industries like aerospace & defense, automotive, wind energy, and sporting goods. These industries rely on lightweight materials for improved fuel performance in aircraft and vehicles. The use of virgin carbon fiber is preferred due to its established manufacturing processes and consistent quality, which are critical for high-performance applications. While recycled carbon fiber is gaining traction as a sustainable alternative, virgin carbon fiber remains dominant because of its outstanding mechanical properties and versatile use in structural components.
''In terms of value, thermoplastic accounted for the second-largest share of the overall CFRP market.''
Thermoplastic resin accounted for the second-largest market share in the overall CFRP market. Thermoplastic CFRPs offer high impact resistance, shorter processing times, recyclability, and easier storage, which makes them increasingly attractive for industries seeking cost-effective and sustainable solutions. These properties are particularly beneficial in end-use industries like automotive and aerospace & defense, where rapid production, lightweighting, and environmental considerations are critical. Advancements in thermoplastic resin technology have further improved their mechanical performance, allowing them to compete more closely with thermosetting CFRPs and driving their adoption in various applications.
''In terms of value, filament winding process accounted for the second-largest share of the overall CFRP market.''
Filament winding accounted for the second-largest share of the overall CF & CFRP market. In the filament winding process, a rotating mandrel serves as a mold to create an inner surface and a laminate surface outside the product. This process achieves a high degree of fiber loading, resulting in laminates with a high strength-to-weight ratio. It manufactures hollow or circular components such as compressed air tanks, high-pressure CO2 tanks & bottles, water softener systems, rescue air tanks, sailboat masts, CNG tanks, light poles, and other construction materials. This automated method is utilized to produce highly engineered structures, ensuring uniformity, precision, and efficient production with minimal waste.
"The Sporting Goods industry is projected to be the second-fastest-growing end-use industry during the forecast period."
The sporting goods industry is expected to register the second-fastest growth in the CFRP market during the forecast period. As demand for lightweight, high-performance equipment enhances athletic performance and user experience, the need for CFRP is increasing. The excellent strength-to-weight ratio of CFRP enables manufacturers to create products such as bicycles, tennis racquets, golf clubs, skis, and hockey sticks that are both lightweight and stronger than those made from traditional materials. The rise in professional sports, increasing consumer interest in fitness, and expanding sponsorships and media coverage have further fueled this demand, prompting manufacturers to continuously innovate and adopt CFRP technologies. Advancements in CFRP production technology have improved product durability and made these materials more accessible to a broader range of sporting activities goods.
"North America is projected to register the highest growth rate in the CFRP market during the forecast period."
North America is projected to be the fastest-growing region in the CFRP market during the forecast period. The North American market will see significant growth in the coming years due to a rising demand for wind energy projects, which has driven the need for more efficient and durable CFRP materials for wind turbine blades. CFRP can help achieve these objectives by reducing weight, enhancing corrosion resistance, and improving performance. The region is continually investing in research & development to meet evolving market demands and regulatory requirements. For instance, there is a growing demand for CFRP products in US from automotive sector for manufacturing lightweight electric vehicles, thereby contributing to environmental sustainability while reducing carbon emissions. This has led to the development of new CFRP manufacturing processes and products, such as using recycled materials or producing lightweight materials that can enhance fuel efficiency in vehicles.
This study has been validated through primary interviews with industry experts globally. The primary sources have been divided into the following three categories:
- By Company Type: Tier 1 - 40%, Tier 2 - 33%, and Tier 3 - 27%
- By Designation: C-level - 50%, Director-level - 30%, and Managers - 20%
- By Region: North America - 15%, Europe - 50%, Asia Pacific - 20%, the Middle East & Africa - 5%, and Latin America - 10%
The report provides a comprehensive analysis of the following companies:
Prominent companies in this market include Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Corporation (Japan), Hexcel Corporation (US), Syensqo (Belgium), SGL Carbon (Germany), HS Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Fiber Co., Ltd. (China), Kureha Corporation (Japan), DowAksa (Turkey), Weihai Guangwei Composite Materials Co., Ltd. (China), UMATEX (Russia), Jilin Chemical Fiber Group Co., Ltd. (China), Jiangsu Hengshen Co., Ltd. (China), and China National Bluestar (Group) Co., Ltd. (China).
Research coverage
This research report categorizes the CF & CFRP market by precursor type (PAN and pitch), source (virgin and recycled), resin type (thermosetting and thermoplastic), manufacturing process (lay-up, compression molding, resin transfer molding, filament winding, injection molding, and pultrusion), end-use industry (aerospace & defense, automotive, wind energy, pipe & tank, sporting goods, civil engineering, medical, marine, and electrical & electronics), and region (North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America). The scope of the report includes detailed information about the major factors influencing the growth of the CF & CFRP market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions and services, key strategies, and recent developments in the CF & CFRP market are all covered. This report includes a competitive analysis of upcoming startups in the CF & CFRP market ecosystem.
Reasons to buy this report:
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall CF & CFRP market and the subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (growth in manufacturing of satellite parts, high demand from aerospace & defense industry, rising adoption in automobile applications due to stringent eco-friendly regulations, increased use in wind energy industry, and rising demand for regular tow carbon in pressure vessels), restraints (high production cost, lack of standardization in manufacturing technologies, and damage repair and compatibility issues), opportunities (increased investments in the development of low-cost coal-based carbon fibers, potential opportunities in new applications, increasing demand for fuel cell electric vehicles (FCEVs), increasing use in 3D printing, advancements in carbon fiber recycling technologies), and challenges (production of low-cost carbon fiber, capital-intensive production and complex manufacturing processes, and recyclability issues) influencing the growth of the CF & CFRP market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and service launches in the CF & CFRP market.
- Market Development: Comprehensive information about lucrative markets - the report analyses the CF & CFRP market across varied regions.
- Market Diversification: Exhaustive information about services, untapped geographies, recent developments, and investments in the CF & CFRP market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Corporation (Japan), Hexcel Corporation (US), Syensqo (Belgium), SGL Carbon (Germany), HS Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Fiber Co., Ltd. (China), Kureha Corporation (Japan), DowAksa (Turkey), Weihai Guangwei Composite Materials Co., Ltd. (China), UMATEX (Russia), Jilin Chemical Fiber Group Co., Ltd. (China), Jiangsu Hengshen Co., Ltd. (China), and China National Bluestar (Group) Co., Ltd. (China) in the CF & CFRP market.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS & EXCLUSIONS OF STUDY
- 1.3.3 YEARS CONSIDERED
- 1.3.4 CURRENCY CONSIDERED
- 1.3.5 UNIT CONSIDERED
- 1.4 STAKEHOLDERS
- 1.5 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Key data from primary sources
- 2.1.2.2 Key primary participants
- 2.1.2.3 Breakdown of primary interviews
- 2.1.2.4 Key industry insights
- 2.2 MARKET SIZE ESTIMATION
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.2 TOP-DOWN APPROACH
- 2.3 BASE NUMBER CALCULATION
- 2.3.1 APPROACH 1: SUPPLY-SIDE ANALYSIS
- 2.3.2 APPROACH 2: DEMAND-SIDE ANALYSIS
- 2.4 MARKET FORECAST APPROACH
- 2.4.1 SUPPLY SIDE
- 2.4.2 DEMAND SIDE
- 2.5 DATA TRIANGULATION
- 2.6 FACTOR ANALYSIS
- 2.7 RESEARCH ASSUMPTIONS
- 2.8 RESEARCH LIMITATIONS AND RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CF & CFRP MARKET
- 4.2 CFRP MARKET, BY END-USE INDUSTRY AND REGION
- 4.3 CF MARKET, BY PRECURSOR
- 4.4 CF MARKET, BY SOURCE
- 4.5 CFRP MARKET, BY RESIN TYPE
- 4.6 CFRP MARKET, BY MANUFACTURING PROCESS
- 4.7 CFRP MARKET, BY END-USE INDUSTRY
- 4.8 CFRP MARKET, BY KEY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Growth in manufacturing of satellite parts
- 5.2.1.2 High usage in aerospace & defense industry
- 5.2.1.3 Rising adoption in automobile applications due to stringent eco-friendly regulations
- 5.2.1.4 Increased use in wind energy industry
- 5.2.1.5 Rising demand for regular tow carbon in pressure vessels
- 5.2.2 RESTRAINTS
- 5.2.2.1 High production cost
- 5.2.2.2 Lack of standardization in manufacturing technologies
- 5.2.2.3 Damage repair and compatibility issues
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Increased investments in development of low-cost coal-based carbon fibers
- 5.2.3.2 Potential opportunities in new applications
- 5.2.3.3 Increasing demand for fuel cell electric vehicles
- 5.2.3.4 Increasing use in 3D printing
- 5.2.3.5 Advancements in carbon fiber recycling technologies
- 5.2.4 CHALLENGES
- 5.2.4.1 Production of low-cost carbon fiber
- 5.2.4.2 Capital-intensive production and complex manufacturing process
- 5.2.4.3 Recyclability issues
- 5.3 PORTER'S FIVE FORCES ANALYSIS
- 5.3.1 THREAT OF NEW ENTRANTS
- 5.3.2 THREAT OF SUBSTITUTES
- 5.3.3 BARGAINING POWER OF SUPPLIERS
- 5.3.4 BARGAINING POWER OF BUYERS
- 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.4.2 BUYING CRITERIA
- 5.5 SUPPLY CHAIN ANALYSIS
- 5.6 ECOSYSTEM ANALYSIS
- 5.7 PRICING ANALYSIS
- 5.7.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY, 2024
- 5.7.2 AVERAGE SELLING PRICE, BY SOURCE
- 5.7.3 AVERAGE SELLING PRICE, BY PRECURSOR TYPE
- 5.7.4 AVERAGE SELLING PRICE, BY END-USE INDUSTRY
- 5.7.5 AVERAGE SELLING PRICE, BY REGION
- 5.8 VALUE CHAIN ANALYSIS
- 5.9 TRADE ANALYSIS
- 5.9.1 EXPORT SCENARIO (HS CODE 681511)
- 5.9.2 IMPORT SCENARIO (HS CODE 681511)
- 5.10 TECHNOLOGY ANALYSIS
- 5.10.1 KEY TECHNOLOGIES FOR CFRP MANUFACTURING PROCESSES
- 5.10.1.1 Rapid integrated molding technology
- 5.10.1.2 Vacuum-assisted resin transfer molding
- 5.10.1.3 Out of autoclave technology
- 5.10.2 COMPLEMENTARY TECHNOLOGIES FOR MANUFACTURING CFRP
- 5.10.2.1 Automated fiber placement
- 5.10.2.2 3D printing
- 5.11 IMPACT OF AI/GEN AI ON CF & CFRP MARKET
- 5.11.1 TOP USE CASES AND MARKET POTENTIAL
- 5.11.2 BEST PRACTICES IN CF & CFRP MARKET
- 5.11.3 CASE STUDIES OF AI IMPLEMENTATION IN CF & CFRP MARKET
- 5.12 MACROECONOMIC OUTLOOK
- 5.12.1 INTRODUCTION
- 5.12.2 GDP TRENDS AND FORECAST
- 5.12.3 TRENDS IN GLOBAL AEROSPACE & DEFENSE INDUSTRY
- 5.12.4 TRENDS IN GLOBAL WIND ENERGY INDUSTRY
- 5.12.5 TRENDS IN GLOBAL AUTOMOTIVE INDUSTRY
- 5.13 PATENT ANALYSIS
- 5.13.1 INTRODUCTION
- 5.13.2 METHODOLOGY
- 5.13.3 PATENT TYPES
- 5.13.4 INSIGHTS
- 5.13.5 LEGAL STATUS
- 5.13.6 JURISDICTION ANALYSIS
- 5.13.7 TOP APPLICANTS
- 5.14 REGULATORY LANDSCAPE
- 5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.15 KEY CONFERENCES AND EVENTS, 2025-2026
- 5.16 CASE STUDY ANALYSIS
- 5.16.1 MITSUBISHI'S DEVELOPMENT OF CARBON FIBER-REINFORCED PLASTICS FOR STRUCTURAL AIRCRAFT PARTS
- 5.16.2 SGL CARBON'S CLIMATE-FRIENDLY CARBON FIBER TO REVOLUTIONIZE SUSTAINABLE MANUFACTURING
- 5.16.3 TRUE TEMPER SPORTS PARTNERS WITH HEXCEL CORPORATION FOR FIRST GOLF SHAFT LINE
- 5.17 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.18 INVESTMENT AND FUNDING SCENARIO
- 5.19 IMPACT OF 2025 US TARIFF - CF & CFRP MARKET
- 5.19.1 INTRODUCTION
- 5.19.2 KEY TARIFF RATES
- 5.19.3 PRICE IMPACT ANALYSIS
- 5.19.4 IMPACTS ON COUNTRY/REGION
- 5.19.4.1 US
- 5.19.4.2 Europe
- 5.19.4.3 Asia Pacific
- 5.19.5 IMPACT ON END-USE INDUSTRIES
6 CFRP MARKET, BY RESIN TYPE
- 6.1 INTRODUCTION
- 6.2 THERMOSETTING
- 6.2.1 SUPERIOR RESISTANCE TO HIGH TEMPERATURES TO PROPEL MARKET
- 6.2.2 EPOXY
- 6.2.2.1 Increasing demand for epoxy resins from high-end applications, such as aerospace & defense, to propel market
- 6.2.3 VINYL ESTER
- 6.2.3.1 Increased application in transportation, marine, & pipe & tank industries to drive market
- 6.2.4 POLYESTER
- 6.2.4.1 High strength, high rigidity, low temperature impact resistance, and good electrical properties to drive adoption
- 6.2.5 OTHER THERMOSETTING RESINS
- 6.3 THERMOPLASTIC
- 6.3.1 EASY RECYCLABILITY TO DRIVE ADOPTION
- 6.3.2 POLYETHERETHERKETONE (PEEK)
- 6.3.2.1 Extensive use in aerospace & defense applications to drive market
- 6.3.3 POLYAMIDE (PA)
- 6.3.3.1 Resistance to wear, heat, and chemicals, and good friction to support market growth
- 6.3.4 POLYPROPYLENE (PP)
- 6.3.4.1 Significant demand in automotive applications to drive market
- 6.3.5 OTHER THERMOPLASTIC RESINS
7 CF MARKET, BY PRECURSOR TYPE
- 7.1 INTRODUCTION
- 7.2 POLYACRYLONITRILE-BASED CARBON FIBERS
- 7.2.1 EXTENSIVE USE OF STRUCTURAL MATERIAL COMPOSITES IN AEROSPACE & DEFENSE INDUSTRY TO DRIVE MARKET
- 7.2.2 PAN-BASED CARBON FIBER, BY TOW SIZE
- 7.2.2.1 Small tow (<24K)
- 7.2.2.1.1 Small tow carbon fiber finds major applications in aerospace industry
- 7.2.2.2 Large tow (>24K)
- 7.2.2.2.1 Wind energy major application of large tow carbon fiber
- 7.3 PITCH-BASED CARBON FIBER
- 7.3.1 INCREASED USE IN APPLICATIONS REQUIRING HIGH THERMAL CONDUCTIVITY AND ELECTRIC CONDUCTIVITY TO DRIVE MARKET
- 7.3.2 PITCH-BASED CARBON FIBER, BY TOW SIZE
8 CF MARKET, BY SOURCE
- 8.1 INTRODUCTION
- 8.2 VIRGIN CARBON FIBER
- 8.2.1 BETTER THERMAL AND MECHANICAL PROPERTIES TO DRIVE MARKET
- 8.3 RECYCLED CARBON FIBER
- 8.3.1 GROWING DEMAND FOR SUSTAINABILITY TO DRIVE ADOPTION
9 CFRP MARKET, BY MANUFACTURING PROCESS
- 9.1 INTRODUCTION
- 9.2 LAY-UP PROCESS
- 9.2.1 ABILITY TO PROVIDE SUPERIOR STRENGTH AND WEIGHT TO INCREASE DEMAND
- 9.3 COMPRESSION MOLDING PROCESS
- 9.3.1 SHORT CYCLE TIME AND HIGH PRODUCTION RATE TO DRIVE DEMAND
- 9.4 RESIN TRANSFER MOLDING PROCESS
- 9.4.1 INCREASED COMPRESSION AND OUTSTANDING STRENGTH-TO-WEIGHT RATIOS TO DRIVE DEMAND
- 9.5 FILAMENT WINDING PROCESS
- 9.5.1 NEED FOR HIGHLY ENGINEERED STRUCTURES TO DRIVE ADOPTION
- 9.6 INJECTION MOLDING PROCESS
- 9.6.1 USAGE IN LOW-VOLUME AND LARGE-SIZED COMPONENTS TO DRIVE ADOPTION
- 9.7 PULTRUSION PROCESS
- 9.7.1 COST EFFECTIVE PROCESS FOR RIGID STRUCTURES-KEY FACTOR DRIVING MARKET GROWTH
- 9.8 OTHER MANUFACTURING PROCESSES
10 CFRP MARKET, BY END-USE INDUSTRY
- 10.1 INTRODUCTION
- 10.2 AEROSPACE & DEFENSE
- 10.2.1 SUPERIOR AND LIGHTWEIGHT CHARACTERISTICS OF CFRP TO DRIVE MARKET
- 10.2.2 INTERIOR PARTS
- 10.2.3 EXTERIOR PARTS
- 10.3 WIND ENERGY
- 10.3.1 HIGH STRENGTH AND WEIGHT REDUCTION TO DRIVE MARKET
- 10.4 AUTOMOTIVE
- 10.4.1 INCREASING EFFICIENCY TO DRIVE MARKET
- 10.5 SPORTING GOODS
- 10.5.1 GROWING DEMAND FOR CFRP IN SPORTING GOODS TO DRIVE MARKET
- 10.6 CIVIL ENGINEERING
- 10.6.1 GROWING DEMAND FOR STRUCTURAL STRENGTHENING AND BRIDGE DECK REINFORCEMENT APPLICATIONS TO DRIVE MARKET
- 10.7 PIPE & TANK
- 10.7.1 INCREASING DEMAND FOR TYPE IV CYLINDERS TO DRIVE MARKET
- 10.8 MARINE
- 10.8.1 ANTI-CORROSION AND LIGHTWEIGHT PROPERTIES TO DRIVE MARKET
- 10.9 MEDICAL
- 10.9.1 HIGH STRENGTH, LOW WEIGHT, CORROSION RESISTANCE, AND BIOCOMPATIBILITY TO DRIVE MARKET
- 10.10 ELECTRICAL & ELECTRONICS
- 10.10.1 SUPERIOR MECHANICAL PROPERTIES TO DRIVE MARKET
- 10.11 OTHER END-USE INDUSTRIES
11 CFRP MARKET, BY REGION
- 11.1 INTRODUCTION
- 11.2 NORTH AMERICA
- 11.2.1 NORTH AMERICA: CFRP MARKET, BY RESIN TYPE
- 11.2.2 NORTH AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS
- 11.2.3 NORTH AMERICA: CFRP MARKET, BY END-USE INDUSTRY
- 11.2.4 NORTH AMERICA: CFRP MARKET, BY COUNTRY
- 11.2.4.1 US
- 11.2.4.1.1 Presence of well-established industries to drive market
- 11.2.4.2 Canada
- 11.2.4.2.1 Presence of well-established aerospace industry to fuel demand
- 11.3 EUROPE
- 11.3.1 EUROPE: CFRP MARKET, BY RESIN TYPE
- 11.3.2 EUROPE: CFRP MARKET, BY MANUFACTURING PROCESS
- 11.3.3 EUROPE: CFRP MARKET, BY END-USE INDUSTRY
- 11.3.4 EUROPE: CFRP MARKET, BY COUNTRY
- 11.3.4.1 GERMANY
- 11.3.4.1.1 Growth of automotive and aerospace industries to drive market
- 11.3.4.2 France
- 11.3.4.2.1 Presence of major aircraft manufacturers to drive market
- 11.3.4.3 UK
- 11.3.4.3.1 Increasing demand for lightweight and high-performance materials to drive market
- 11.3.4.4 Italy
- 11.3.4.4.1 Growing demand for motorsports to drive market
- 11.3.4.5 Spain
- 11.3.4.5.1 High demand for CFRP from aerospace sector to drive market
- 11.3.4.6 Russia
- 11.3.4.6.1 Presence of major carbon fiber manufacturers to drive market
- 11.3.4.7 Rest of Europe
- 11.4 ASIA PACIFIC
- 11.4.1 ASIA PACIFIC: CFRP MARKET, BY RESIN TYPE
- 11.4.2 ASIA PACIFIC: CFRP MARKET, BY MANUFACTURING PROCESS
- 11.4.3 ASIA PACIFIC: CFRP MARKET, BY END-USE INDUSTRY
- 11.4.4 ASIA PACIFIC: CFRP MARKET, BY COUNTRY
- 11.4.4.1 China
- 11.4.4.1.1 Carbon fiber innovations in various sectors to drive market
- 11.4.4.2 Japan
- 11.4.4.2.1 Increasing use of CFRP in consumer electronics to drive market
- 11.4.4.3 Taiwan
- 11.4.4.3.1 Growing demand for bicycles to drive market
- 11.4.4.4 South Korea
- 11.4.4.4.1 Presence of major automotive companies to propel market
- 11.4.4.5 Rest of Asia Pacific
- 11.5 MIDDLE EAST & AFRICA
- 11.5.1 MIDDLE EAST & AFRICA: CFRP MARKET, BY RESIN TYPE
- 11.5.2 MIDDLE EAST & AFRICA: CFRP MARKET, BY MANUFACTURING PROCESS
- 11.5.3 MIDDLE EAST & AFRICA: CFRP MARKET, BY END-USE INDUSTRY
- 11.5.4 MIDDLE EAST & AFRICA: CFRP MARKET, BY COUNTRY
- 11.5.4.1 GCC Countries
- 11.5.4.1.1 UAE
- 11.5.4.1.1.1 Stringent energy-efficiency regulations to drive market
- 11.5.4.1.2 Saudi Arabia
- 11.5.4.1.2.1 High demand from pipe & tank industry to drive market
- 11.5.4.1.3 Rest of GCC Countries
- 11.5.4.2 South Africa
- 11.5.4.2.1 Growing wind energy, automotive, and aerospace & defense industries to drive market
- 11.5.4.3 Rest of Middle East & Africa
- 11.6 LATIN AMERICA
- 11.6.1 LATIN AMERICA: CFRP MARKET, BY RESIN TYPE
- 11.6.2 LATIN AMERICA: CFRP MARKET, BY MANUFACTURING PROCESS
- 11.6.3 LATIN AMERICA: CFRP MARKET, BY END-USE INDUSTRY
- 11.6.4 LATIN AMERICA: CFRP MARKET, BY COUNTRY
- 11.6.4.1 Brazil
- 11.6.4.1.1 Growth of aerospace & defense and wind energy industries to drive market
- 11.6.4.2 Mexico
- 11.6.4.2.1 Automotive industry to be prominent consumer of CFRP
- 11.6.4.3 Rest of Latin America
12 COMPETITIVE LANDSCAPE
- 12.1 OVERVIEW
- 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 12.3 REVENUE ANALYSIS, 2024
- 12.4 MARKET SHARE ANALYSIS, 2024
- 12.5 BRAND/PRODUCT COMPARATIVE ANALYSIS
- 12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 12.6.1 STARS
- 12.6.2 EMERGING LEADERS
- 12.6.3 PERVASIVE PLAYERS
- 12.6.4 PARTICIPANTS
- 12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
- 12.6.5.1 Company footprint
- 12.6.5.2 Region footprint
- 12.6.5.3 Source footprint
- 12.6.5.4 Precursor type footprint
- 12.6.5.5 Resin type footprint
- 12.6.5.6 Manufacturing process footprint
- 12.6.5.7 End-use industry footprint
- 12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
- 12.7.1 PROGRESSIVE COMPANIES
- 12.7.2 RESPONSIVE COMPANIES
- 12.7.3 DYNAMIC COMPANIES
- 12.7.4 STARTING BLOCKS
- 12.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
- 12.7.5.1 Detailed list of key startups/SMEs
- 12.7.5.2 Competitive benchmarking of key startups/SMEs
- 12.8 COMPANY VALUATION AND FINANCIAL METRICS
- 12.9 COMPETITIVE SCENARIO
- 12.9.1 PRODUCT LAUNCHES
- 12.9.2 DEALS
- 12.9.3 EXPANSIONS
13 COMPANY PROFILES
- 13.1 KEY PLAYERS
- 13.1.1 TORAY INDUSTRIES, INC.
- 13.1.1.1 Business overview
- 13.1.1.2 Products offered
- 13.1.1.3 Recent developments
- 13.1.1.3.1 Product launches
- 13.1.1.3.2 Deals
- 13.1.1.3.3 Expansions
- 13.1.1.3.4 Other developments
- 13.1.1.4 MnM view
- 13.1.1.4.1 Key strengths
- 13.1.1.4.2 Strategic choices
- 13.1.1.4.3 Weaknesses & competitive threats
- 13.1.2 TEIJIN LIMITED
- 13.1.2.1 Business overview
- 13.1.2.2 Products offered
- 13.1.2.3 Recent developments
- 13.1.2.3.1 Product launches
- 13.1.2.3.2 Deals
- 13.1.2.3.3 Expansions
- 13.1.2.3.4 Other developments
- 13.1.2.4 MnM view
- 13.1.2.4.1 Key strengths
- 13.1.2.4.2 Strategic choices
- 13.1.2.4.3 Weaknesses & competitive threats
- 13.1.3 MITSUBISHI CHEMICAL CORPORATION
- 13.1.3.1 Business overview
- 13.1.3.2 Products offered
- 13.1.3.3 Recent developments
- 13.1.3.3.1 Product launches
- 13.1.3.3.2 Deals
- 13.1.3.4 MnM view
- 13.1.3.4.1 Key strengths
- 13.1.3.4.2 Strategic choices
- 13.1.3.4.3 Weaknesses & competitive threats
- 13.1.4 HEXCEL CORPORATION
- 13.1.4.1 Business overview
- 13.1.4.2 Products offered
- 13.1.4.3 Recent developments
- 13.1.4.3.1 Product launches
- 13.1.4.3.2 Deals
- 13.1.4.3.3 Expansions
- 13.1.4.4 MnM view
- 13.1.4.4.1 Key strengths
- 13.1.4.4.2 Strategic choices
- 13.1.4.4.3 Weaknesses & competitive threats
- 13.1.5 SYENSQO
- 13.1.5.1 Business overview
- 13.1.5.2 Products offered
- 13.1.5.3 Recent developments
- 13.1.5.3.1 Product launches
- 13.1.5.3.2 Deals
- 13.1.5.4 MnM view
- 13.1.5.4.1 Key strengths
- 13.1.5.4.2 Strategic choices
- 13.1.5.4.3 Weaknesses & competitive threats
- 13.1.6 SGL CARBON
- 13.1.6.1 Business overview
- 13.1.6.2 Products offered
- 13.1.6.3 Recent developments
- 13.1.6.3.1 Product launches
- 13.1.6.3.2 Deals
- 13.1.6.3.3 Expansions
- 13.1.6.4 MnM view
- 13.1.6.4.1 Key strengths
- 13.1.6.4.2 Strategic choices
- 13.1.6.4.3 Weaknesses & competitive threats
- 13.1.7 HS HYOSUNG ADVANCED MATERIALS
- 13.1.7.1 Business overview
- 13.1.7.2 Products offered
- 13.1.7.3 Recent developments
- 13.1.7.3.1 Product launches
- 13.1.7.3.2 Deals
- 13.1.7.3.3 Expansions
- 13.1.7.4 MnM view
- 13.1.7.4.1 Key strengths
- 13.1.7.4.2 Strategic choices
- 13.1.7.4.3 Weaknesses & competitive threats
- 13.1.8 ZHONGFU SHENYING CARBON FIBER CO., LTD.
- 13.1.8.1 Business overview
- 13.1.8.2 Products offered
- 13.1.8.3 Recent developments
- 13.1.8.4 MnM view
- 13.1.8.4.1 Key strengths
- 13.1.8.4.2 Strategic choices
- 13.1.8.4.3 Weaknesses & competitive threats
- 13.1.9 KUREHA CORPORATION
- 13.1.9.1 Business overview
- 13.1.9.2 Products offered
- 13.1.9.3 MnM view
- 13.1.9.3.1 Key strengths
- 13.1.9.3.2 Strategic choices
- 13.1.9.3.3 Weaknesses & competitive threats
- 13.1.10 DOWAKSA
- 13.1.10.1 Business overview
- 13.1.10.2 Products offered
- 13.1.10.3 Recent developments
- 13.1.10.4 MnM view
- 13.1.10.4.1 Key strengths
- 13.1.10.4.2 Strategic choices
- 13.1.10.4.3 Weaknesses & competitive threats
- 13.1.11 WEIHAI GUANGWEI COMPOSITE MATERIALS CO., LTD.
- 13.1.11.1 Business overview
- 13.1.11.2 Products offered
- 13.1.11.3 MnM view
- 13.1.11.3.1 Key strengths
- 13.1.11.3.2 Strategic choices
- 13.1.11.3.3 Weaknesses & competitive threats
- 13.1.12 UMATEX
- 13.1.12.1 Business overview
- 13.1.12.2 Products offered
- 13.1.12.3 MnM view
- 13.1.12.3.1 Key strengths
- 13.1.12.3.2 Strategic choices
- 13.1.12.3.3 Weaknesses & competitive threats
- 13.1.13 JILIN CHEMICAL FIBER GROUP CO., LTD.
- 13.1.13.1 Business overview
- 13.1.13.2 Products offered
- 13.1.13.3 MnM view
- 13.1.13.3.1 Key strengths
- 13.1.13.3.2 Strategic choices
- 13.1.13.3.3 Weaknesses & competitive threats
- 13.1.14 JIANGSU HENGSHEN CO., LTD.
- 13.1.14.1 Business overview
- 13.1.14.2 Products offered
- 13.1.14.3 Recent developments
- 13.1.14.4 MnM view
- 13.1.14.4.1 Key strengths
- 13.1.14.4.2 Strategic choices
- 13.1.14.4.3 Weaknesses & competitive threats
- 13.1.15 CHINA NATIONAL BLUESTAR (GROUP) CO., LTD.
- 13.1.15.1 Business overview
- 13.1.15.2 Products offered
- 13.1.15.3 MnM view
- 13.1.15.3.1 Key strengths
- 13.1.15.3.2 Strategic choices
- 13.1.15.3.3 Weaknesses & competitive threats
- 13.2 OTHER PLAYERS
- 13.2.1 TAEKWANG INDUSTRIAL CO., LTD.
- 13.2.2 GEN 2 CARBON
- 13.2.3 NIPPON GRAPHITE FIBER CO., LTD.
- 13.2.4 CHANGZHOU JLON COMPOSITE CO., LTD.
- 13.2.5 MALLINDA
- 13.2.6 BCIRCULAR
- 13.2.7 VARTEGA INC.
- 13.2.8 JILIN TANGU CARBON FIBER CO., LTD.
- 13.2.9 WUXI GDE TECHNOLOGY CO., LTD.
- 13.2.10 SINOFIBERS TECHNOLOGY CO., LTD.
- 13.2.11 JILIN JIYAN HIGH-TECH FIBERS CO., LTD.
14 APPENDIX
- 14.1 DISCUSSION GUIDE
- 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 14.3 CUSTOMIZATION OPTIONS
- 14.4 RELATED REPORTS
- 14.5 AUTHOR DETAILS