Carbon Composites Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The global Carbon Composites Market was estimated at around 188 kilo tons in 2022 and is expected to grow at a CAGR of over 6.5% during the forecast period (2022-2027).
The market was negatively impacted by COVID-19 in 2020. Presently the market has now reached pre-pandemic levels.
The global carbon composites market is partially fragmented where major players hold around 30% to 40% market share. Key players in the market include Toray Industries, Inc., Hexcel Corporation, SGL Group, Solvay, and TEIJIN LIMITED., among others.
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