Global PAN Carbon Fiber Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global PAN Carbon Fiber market size was valued at US$ 3204 million in 2024 and is forecast to a readjusted size of USD 6737 million by 2031 with a CAGR of 11.3% during review period.

Polyacrylonitrile (PAN)-based carbon fiber is a high-performance carbon fiber with excellent properties such as high elastic modulus, high strength, high thermal expansion coefficient and excellent dimensional stability. The preparation process includes precursor fiber preparation, pre-oxidation, carbonization, graphitization and other steps, and finally produces PAN-based carbon fiber composite materials, which can be used in aerospace, automobiles, sports equipment and other fields.

With the advancement of science and technology and the expansion of application fields, the manufacturing technology and performance of PAN-based carbon fibers will also be further improved. At the same time, due to increasingly higher requirements for environmental protection and sustainable development, the green production and recycling of PAN-based carbon fibers will also become an important development direction in the future. In addition, with the continuous recovery of the global economy and the acceleration of a new round of technological revolution, the global PAN-based carbon fiber market will also open up new application prospects in broader fields.

This report is a detailed and comprehensive analysis for global PAN Carbon Fiber market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global PAN Carbon Fiber market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global PAN Carbon Fiber market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global PAN Carbon Fiber market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global PAN Carbon Fiber market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for PAN Carbon Fiber

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global PAN Carbon Fiber market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toray, ZOLTEK (Toray), Mitsubishi Rayon, Toho Tenax (Teijin), Hexcel, Formosa Plastics Corp, SGL, Cytec Solvay, DowDuPont, Hyosung, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

PAN Carbon Fiber market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Regular-Tow Carbon Fiber

Large-Tow Carbon Fiber

Market segment by Application

Aerospace & Defense

Automotive

Sporting Good

Others

Major players covered

Toray

ZOLTEK (Toray)

Mitsubishi Rayon

Toho Tenax (Teijin)

Hexcel

Formosa Plastics Corp

SGL

Cytec Solvay

DowDuPont

Hyosung

Taekwang Industrial

Zhongfu Shenying

Jiangsu Hengshen

Weihai Tuozhan Fiber

Bluestar Fibres

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe PAN Carbon Fiber product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of PAN Carbon Fiber, with price, sales quantity, revenue, and global market share of PAN Carbon Fiber from 2020 to 2025.

Chapter 3, the PAN Carbon Fiber competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the PAN Carbon Fiber breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and PAN Carbon Fiber market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of PAN Carbon Fiber.

Chapter 14 and 15, to describe PAN Carbon Fiber sales channel, distributors, customers, research findings and conclusion.