Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Continuous, Long, and Short), Fiber Type (Virgin, and Recycled), Application (Composite, Textiles, Flexible Heating, and Microelectrodes), Raw Material (Polyacrylonitrile (PAN), Pitch, Rayon, and Gas Phase Grown), Modulus (Standard, Intermediate, and High), End User (Aerospace and Defense, Sports/Leisure, Wind Turbines, Molding and Compounds, Automotive, Pressure Vessels, Civil Engineering, Marine, Pultrusion Misc., Medical Sector, Sailing/Yacht Building, and Others) – Industry Trends and Forecast to 2031
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The Global Carbon Fiber Market size was valued at USD 4.93 USD Billion in 2023.
The Global Carbon Fiber Market is projected to grow at a CAGR of 9.4% during the forecast period of 2024 to 2031.
The major players operating in the market include , Evonik Industries AG , Teijin Limited , SGL Group , DSM , SABIC , Solvay , Hexcel Corporation , TORAY INDUSTRIES , 3M , BASF SE , Covestro AG , Dow , ZOLTEK , Celanese Corporation , Formosa Plastics Corporation , Nippon Graphite Fiber Co. , HYOSUNG ADVANCED MATERIALS ,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
