Global High Modulus Carbon Fiber Market Growth 2025-2031

Global High Modulus Carbon Fiber Market Growth 2025-2031

The global High Modulus Carbon Fiber market size is predicted to grow from US$ 535 million in 2025 to US$ 825 million in 2031; it is expected to grow at a CAGR of 7.5% from 2025 to 2031.

Carbon fiber is a long, thin strand of material about 0.0002-0.0004 in (0.005-0.010 mm) in diameter and composed mostly of carbon atoms. The carbon atoms are bonded together in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. The crystal alignment makes the fiber incredibly strong for its size. Several thousand carbon fibers are twisted together to form a yarn, which may be used by itself or woven into a fabric. The yarn or fabric is combined with epoxy and wound or molded into shape to form various composite materials.

High modulus carbon fibers can be classified as PAN-based carbon fibers (M, MJ) and pitch based (MP, MK).

High-mode carbon fiber is a dual-use industrial material with unique properties. It has been widely used in augmentation of advanced composite materials such as aerospace, aviation, sports equipment and high-end civilian products.

Asia-Pacific is the largest high modulus carbon fiber dispenser market with about 42% market share. North America is follower, accounting for about 30% market share. The key manufacturers are Toray, Mitsubishi Rayon, Teijin Carbon, Hexcel, Formosa Plastics Corp, Cytec Solvay, Weihai Tuozhan Fiber etc. Top 3 companies occupied about 70% market share.

LP Information, Inc. (LPI) ' newest research report, the “High Modulus Carbon Fiber Industry Forecast” looks at past sales and reviews total world High Modulus Carbon Fiber sales in 2024, providing a comprehensive analysis by region and market sector of projected High Modulus Carbon Fiber sales for 2025 through 2031. With High Modulus Carbon Fiber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Modulus Carbon Fiber industry.

This Insight Report provides a comprehensive analysis of the global High Modulus Carbon Fiber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Modulus Carbon Fiber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Modulus Carbon Fiber market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Modulus Carbon Fiber and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Modulus Carbon Fiber.

This report presents a comprehensive overview, market shares, and growth opportunities of High Modulus Carbon Fiber market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
High Modulus (HM) Grade
Ultra High Modulus (UHM) Grade

Segmentation by Application:
Aerospace
Industrial Materials
Sports/Leisure
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Toray
Mitsubishi Rayon
Teijin Carbon
Hexcel
Formosa Plastics Corp
Cytec Solvay
Weihai Tuozhan Fiber

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Modulus Carbon Fiber market?

What factors are driving High Modulus Carbon Fiber market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Modulus Carbon Fiber market opportunities vary by end market size?

How does High Modulus Carbon Fiber break out by Type, by Application?