Global Carbon Fiber in Automotive Composites Market 2024-2028

Global Carbon Fiber In Automotive Composites Market 2024-2028


The carbon fiber in automotive composites market is forecasted to grow by USD 173.1 mn during 2023-2028, accelerating at a CAGR of 5.72% during the forecast period. The report on the carbon fiber in automotive composites market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by excellent properties exhibited by carbon fiber, stringent regulations in automotive industry, and increased automobile production capacity in apac.

Technavio's carbon fiber in automotive composites market is segmented as below:

By Application
  • Exterior components
  • Interior components
  • Structural and powertrains
  • Chassis systems
  • Others
By Material
  • Long fiber thermoplastic
  • Sheet moulding compound
  • Prepreg
  • Short fiber thermoplastic
  • Others
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the developments in automotive industry as one of the prime reasons driving the carbon fiber in automotive composites market growth during the next few years. Also, increasing demand for fuel-efficient vehicles and growing demand for cfrp will lead to sizable demand in the market.

The report on the carbon fiber in automotive composites market covers the following areas:
  • Carbon fiber in automotive composites market sizing
  • Carbon fiber in automotive composites market forecast
  • Carbon fiber in automotive composites market industry analysis
The 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 in automotive composites market vendors that include ACP Composites Inc., China Composites Group Corp. Ltd., DowAksa, Formosa Plastics Corp., Hexcel Corp., HP Composites S.p.A. , Hyosung Corp., Knauf Industries, Kureha Corp., Mitsubishi Chemical Group Corp., Muhr und Bender KG, Plasan Sasa Ltd., Revchem Composites Inc., SAERTEX GmbH and Co.KG, Saudi Basic Industries Corp., SGL Carbon SE, Shenzhen KIY Carbon Co. Ltd., Solvay SA, Teijin Ltd., and Toray Industries Inc.. Also, the carbon fiber in automotive composites 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.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global Carbon Fiber In Automotive Composites Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global Carbon Fiber In Automotive Composites Market 2018 - 2022 ($ million)
    • Application segment analysis 2018 - 2022
    • Material segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Application
    • Market segments
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Data Table on Comparison by Application
    • Exterior components - Market size and forecast 2023-2028
      • Table Data Table on Exterior components - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Exterior components - Year-over-year growth 2023-2028 (%)
    • Interior components - Market size and forecast 2023-2028
      • Table Data Table on Interior components - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Interior components - Year-over-year growth 2023-2028 (%)
    • Structural and powertrains - Market size and forecast 2023-2028
      • Table Data Table on Structural and powertrains - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Structural and powertrains - Year-over-year growth 2023-2028 (%)
    • Chassis systems - Market size and forecast 2023-2028
      • Table Data Table on Chassis systems - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Chassis systems - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Material
    • Market segments
      • Table Data Table on Material - Market share 2023-2028 (%)
    • Comparison by Material
      • Table Data Table on Comparison by Material
    • Long fiber thermoplastic - Market size and forecast 2023-2028
      • Table Data Table on Long fiber thermoplastic - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Long fiber thermoplastic - Year-over-year growth 2023-2028 (%)
    • Sheet moulding compound - Market size and forecast 2023-2028
      • Table Data Table on Sheet moulding compound - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Sheet moulding compound - Year-over-year growth 2023-2028 (%)
    • Prepreg - Market size and forecast 2023-2028
      • Table Data Table on Prepreg - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Prepreg - Year-over-year growth 2023-2028 (%)
    • Short fiber thermoplastic - Market size and forecast 2023-2028
      • Table Data Table on Short fiber thermoplastic - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Short fiber thermoplastic - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Material
      • Table Data Table on Market opportunity by Material ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023-2028
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Excellent properties exhibited by carbon fiber
      • Stringent regulations in automotive industry
      • Increased automobile production capacity in APAC
    • Market challenges
      • High costs associated with carbon fiber
      • High competition from substitutes
      • Limited scope for recycling
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Developments in automotive industry
      • Increasing demand for fuel-efficient vehicles
      • Growing demand for CFRP
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • ACP Composites Inc.
    • China Composites Group Corp. Ltd.
    • DowAksa
    • Formosa Plastics Corp.
    • Hexcel Corp.
    • HP Composites S.p.A.
    • Hyosung Corp.
    • Kureha Corp.
    • Mitsubishi Chemical Group Corp.
    • Muhr und Bender KG
    • Plasan Sasa Ltd.
    • SAERTEX GmbH and Co.KG
    • SGL Carbon SE
    • Solvay SA
    • Toray Industries Inc.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings