Global Polyacrylonitrile-based Carbon Fibers Market Growth 2025-2031

Global Polyacrylonitrile-based Carbon Fibers Market Growth 2025-2031

The global Polyacrylonitrile-based Carbon Fibers market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Polyacrylonitrile (PAN) is the predominant precursor for high-performance carbon fibers. It is used to produce about 90% of the carbon fiber produced. PAN-based carbon fibers are produced by spinning the PAN co-polymer to form the fibers. PAN exhibits a high carbon yield (50–60%) and well-balanced carbon fiber properties, with high tensile and compressive strengths and reasonably good tensile modulus, compared to other precursors.

United States market for Polyacrylonitrile-based Carbon Fibers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Polyacrylonitrile-based Carbon Fibers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Polyacrylonitrile-based Carbon Fibers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Polyacrylonitrile-based Carbon Fibers players cover Toray, Toho, Misubishi Rayon, Hecel, Cytec, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyacrylonitrile-based Carbon Fibers 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 Polyacrylonitrile-based Carbon Fibers.

This report presents a comprehensive overview, market shares, and growth opportunities of Polyacrylonitrile-based Carbon Fibers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Spun Type
Filament Type
Others

Segmentation by Application:
Aerospace
Automotive
Sports & Entertainment
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
Toho
Misubishi Rayon
Hecel
Cytec
Zoltek
AKSA
SGL
Formosa
HYOSUNG
TAEKWANG

Key Questions Addressed in this Report

What is the 10-year outlook for the global Polyacrylonitrile-based Carbon Fibers market?

What factors are driving Polyacrylonitrile-based Carbon Fibers market growth, globally and by region?

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

How do Polyacrylonitrile-based Carbon Fibers market opportunities vary by end market size?

How does Polyacrylonitrile-based Carbon Fibers break out by Type, by Application?

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