Carbon Fiber in the Automotive Composites Market Size, Share, and Outlook, 2025 Report- By Material (Long Fiber Thermoplastic, Sheet Moulding Compound, Prepreg, Short Fiber Thermoplastic, Others), By Application (Exterior Components, Interior Components,

Carbon Fiber in the Automotive Composites Market Outlook

Carbon Fiber in the Automotive Composites Market Size is forecast to reach $39.3 Billion in 2032 from $20.3 Billion in 2025, at an optimistic growth rate of 9.8% from 2025 to 2032. The robust Carbon Fiber in the Automotive Composites Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Carbon Fiber in the Automotive Composites Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Material (Long Fiber Thermoplastic, Sheet Moulding Compound, Prepreg, Short Fiber Thermoplastic, Others), By Application (Exterior Components, Interior Components, Structural and Powertrains, Chassis Systems, Others). Over 70 tables and charts showcase findings from our latest survey report on Carbon Fiber in the Automotive Composites Markets.

Carbon Fiber in the Automotive Composites Market Insights, 2025: Carbon Fiber in Automotive Composites: Key Drivers and Opportunities

Carbon fiber has emerged as a game-changing material in the automotive industry, particularly in automotive composites, due to its exceptional strength-to-weight ratio, durability, and high-performance capabilities. The shift towards lightweight and fuel-efficient vehicles has driven the demand for carbon fiber in automotive applications, as manufacturers aim to reduce vehicle weight while maintaining structural integrity and enhancing performance. Carbon fiber composites are increasingly used in high-performance vehicles, including electric vehicles (EVs) and sports cars, where reducing weight translates directly into improved fuel efficiency, longer battery life, and better overall performance. Additionally, the growing demand for electric vehicles, with their emphasis on lightweight construction to improve energy efficiency, further accelerates the adoption of carbon fiber in automotive composites.

The key opportunities in this market lie in the continued adoption of carbon fiber across mainstream automotive models, not just in high-end or performance vehicles. As automotive manufacturers aim to meet increasingly stringent emissions standards and consumer demand for more sustainable, fuel-efficient cars, the role of carbon fiber in reducing vehicle weight becomes more significant. Additionally, the development of more affordable production techniques for carbon fiber, such as advancements in resin infusion and 3D printing technologies, is expected to lower costs and make carbon fiber more accessible for mass-market vehicles. The growth of the electric vehicle (EV) market presents another promising opportunity, with carbon fiber playing a crucial role in improving battery efficiency and range through lightweight design. Companies that focus on improving the cost-effectiveness of carbon fiber production and increasing its availability for mass automotive use will be well-positioned to capitalize on these market opportunities.

Five Trends that will define global Carbon Fiber in the Automotive Composites Market in 2025 and Beyond

A closer look at the multi-million global market for Carbon Fiber in the Automotive Composites Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Carbon Fiber in the Automotive Composites Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Carbon Fiber in the Automotive Composites Industry?

The Carbon Fiber in the Automotive Composites Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Carbon Fiber in the Automotive Composites Market Segment Insights

The Carbon Fiber in the Automotive Composites Industry presents strong offers across categories. The analytical report offers forecasts of Carbon Fiber in the Automotive Composites Industry performance across segments and countries. Key segments in the industry include- By Material (Long Fiber Thermoplastic, Sheet Moulding Compound, Prepreg, Short Fiber Thermoplastic, Others), By Application (Exterior Components, Interior Components, Structural and Powertrains, Chassis Systems, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Carbon Fiber in the Automotive Composites Market size outlook is provided for 22 countries across these regions.

Carbon Fiber in the Automotive Composites Industry Value Chain

The chapter identifies potential companies and their operations across the global Carbon Fiber in the Automotive Composites Industry ecosystem. It assists decision-makers in evaluating global Carbon Fiber in the Automotive Composites Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Carbon Fiber in the Automotive Composites Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Carbon Fiber in the Automotive Composites Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Carbon Fiber in the Automotive Composites Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Carbon Fiber in the Automotive Composites Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Carbon Fiber in the Automotive Composites Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Carbon Fiber in the Automotive Composites Market Insights- Executives are most excited about opportunities for the US Carbon Fiber in the Automotive Composites Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Carbon Fiber in the Automotive Composites Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Carbon Fiber in the Automotive Composites Market.

Latin American Carbon Fiber in the Automotive Composites Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Carbon Fiber in the Automotive Composites Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Carbon Fiber in the Automotive Composites Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Carbon Fiber in the Automotive Composites Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Carbon Fiber in the Automotive Composites Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include China Composites Group Corp Ltd, DowAksa Ileri Kompozit Malzemeler San. Ltd Sti., 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, Toray Industries Inc.

Carbon Fiber in the Automotive Composites Market Scope and Segmentation

By Material

Long Fiber Thermoplastic

Sheet Moulding Compound

Prepreg

Short Fiber Thermoplastic

Others

By Application

Exterior Components

Interior Components

Structural and Powertrains

Chassis Systems

Others

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Carbon Fiber in the Automotive Composites Market Research-

China Composites Group Corp Ltd

DowAksa Ileri Kompozit Malzemeler San. Ltd Sti.

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

Toray Industries Inc

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
• Get free Excel spreadsheet and PPT versions along with the report PDF.