Global PAN Carbon Fiber Market Growth 2025-2031

Global PAN Carbon Fiber Market Growth 2025-2031

The global PAN Carbon Fiber market size is predicted to grow from US$ 3364 million in 2025 to US$ 6652 million in 2031; it is expected to grow at a CAGR of 12.0% from 2025 to 2031.

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.

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

This Insight Report provides a comprehensive analysis of the global PAN 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 PAN Carbon Fiber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PAN Carbon Fiber market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PAN 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 PAN Carbon Fiber.

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

Segmentation by Type:
Regular-Tow Carbon Fiber
Large-Tow Carbon Fiber

Segmentation by Application:
Aerospace & Defense
Automotive
Sporting Good
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
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

Key Questions Addressed in this Report

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

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

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

How do PAN Carbon Fiber market opportunities vary by end market size?

How does PAN Carbon Fiber break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.