Carbon Fiber Automotive Market

ID: MRFR/CnM/3947-HCR
188 Pages
Anshula Mandaokar
Last Updated: July 27, 2026
Carbon Fiber in Automotive Market Research Report Information By Application (Exterior, Chassis System, Interior, Pressure Vessel, Power Train System), By Material (Textile, Long Fiber Thermoplastic (LFT), Sheet Molding Compound (SMC), Short Fiber Thermoplastic (SFT)), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2035
Carbon Fiber Automotive Market
Market Size
Forecast Period2025 - 2035
CAGR (2025 - 2035)6.7%
2024 Market Size$ 6.49 Billion
2025 Market Size$ 6.92 Billion
2035 Market Size$ 13.25 Billion
Key Players
Toray Industries
SGL Carbon
Hexcel Corporation
Mitsubishi Chemical Corporation
Teijin Limited
Cytec Solvay Group
Opportunities
  • Enhanced Safety Features
  • Weight Reduction and Fuel Efficiency
  • Sustainability and Environmental Concerns
  1. SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS |
    1. 1.1 EXECUTIVE SUMMARY | |
      1. 1.1.1 Market Overview | |
      2. 1.1.2 Key Findings | |
      3. 1.1.3 Market Segmentation | |
      4. 1.1.4 Competitive Landscape | |
      5. 1.1.5 Challenges and Opportunities | |
      6. 1.1.6 Future Outlook 2
  2. SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE |
    1. 2.1 MARKET INTRODUCTION | |
      1. 2.1.1 Definition | |
      2. 2.1.2 Scope of the study | | |
        1. 2.1.2.1 Research Objective | | |
        2. 2.1.2.2 Assumption | | |
        3. 2.1.2.3 Limitations |
    2. 2.2 RESEARCH METHODOLOGY | |
      1. 2.2.1 Overview | |
      2. 2.2.2 Data Mining | |
      3. 2.2.3 Secondary Research | |
      4. 2.2.4 Primary Research | | |
        1. 2.2.4.1 Primary Interviews and Information Gathering Process | | |
        2. 2.2.4.2 Breakdown of Primary Respondents | |
      5. 2.2.5 Forecasting Model | |
      6. 2.2.6 Market Size Estimation | | |
        1. 2.2.6.1 Bottom-Up Approach | | |
        2. 2.2.6.2 Top-Down Approach | |
      7. 2.2.7 Data Triangulation | |
      8. 2.2.8 Validation 3
  3. SECTION III: QUALITATIVE ANALYSIS |
    1. 3.1 MARKET DYNAMICS | |
      1. 3.1.1 Overview | |
      2. 3.1.2 Drivers | |
      3. 3.1.3 Restraints | |
      4. 3.1.4 Opportunities |
    2. 3.2 MARKET FACTOR ANALYSIS | |
      1. 3.2.1 Value chain Analysis | |
      2. 3.2.2 Porter's Five Forces Analysis | | |
        1. 3.2.2.1 Bargaining Power of Suppliers | | |
        2. 3.2.2.2 Bargaining Power of Buyers | | |
        3. 3.2.2.3 Threat of New Entrants | | |
        4. 3.2.2.4 Threat of Substitutes | | |
        5. 3.2.2.5 Intensity of Rivalry | |
      3. 3.2.3 COVID-19 Impact Analysis | | |
        1. 3.2.3.1 Market Impact Analysis | | |
        2. 3.2.3.2 Regional Impact | | |
        3. 3.2.3.3 Opportunity and Threat Analysis 4
  4. SECTION IV: QUANTITATIVE ANALYSIS |
    1. 4.1 Chemicals and Materials, BY Application (USD Billion) | |
      1. 4.1.1 Exterior | |
      2. 4.1.2 Chassis System | |
      3. 4.1.3 Interior | |
      4. 4.1.4 Pressure Vessel | |
      5. 4.1.5 Power Train System | |
      6. 4.1.6 Underbody System |
    2. 4.2 Chemicals and Materials, BY Material (USD Billion) | |
      1. 4.2.1 Textile | |
      2. 4.2.2 Long Fiber Thermoplastic (LFT) | |
      3. 4.2.3 Sheet Molding Compound (SMC) | |
      4. 4.2.4 Short Fiber Thermoplastic (SFT) | |
      5. 4.2.5 Prepreg |
    3. 4.3 Chemicals and Materials, BY Region (USD Billion) | |
      1. 4.3.1 North America | | |
        1. 4.3.1.1 US | | |
        2. 4.3.1.2 Canada | |
      2. 4.3.2 Europe | | |
        1. 4.3.2.1 Germany | | |
        2. 4.3.2.2 UK | | |
        3. 4.3.2.3 France | | |
        4. 4.3.2.4 Russia | | |
        5. 4.3.2.5 Italy | | |
        6. 4.3.2.6 Spain | | |
        7. 4.3.2.7 Rest of Europe | |
      3. 4.3.3 APAC | | |
        1. 4.3.3.1 China | | |
        2. 4.3.3.2 India | | |
        3. 4.3.3.3 Japan | | |
        4. 4.3.3.4 South Korea | | |
        5. 4.3.3.5 Malaysia | | |
        6. 4.3.3.6 Thailand | | |
        7. 4.3.3.7 Indonesia | | |
        8. 4.3.3.8 Rest of APAC | |
      4. 4.3.4 South America | | |
        1. 4.3.4.1 Brazil | | |
        2. 4.3.4.2 Mexico | | |
        3. 4.3.4.3 Argentina | | |
        4. 4.3.4.4 Rest of South America | |
      5. 4.3.5 MEA | | |
        1. 4.3.5.1 GCC Countries | | |
        2. 4.3.5.2 South Africa | | |
        3. 4.3.5.3 Rest of MEA 5
  5. SECTION V: COMPETITIVE ANALYSIS |
    1. 5.1 Competitive Landscape | |
      1. 5.1.1 Overview | |
      2. 5.1.2 Competitive Analysis | |
      3. 5.1.3 Market share Analysis | |
      4. 5.1.4 Major Growth Strategy in the Chemicals and Materials | |
      5. 5.1.5 Competitive Benchmarking | |
      6. 5.1.6 Leading Players in Terms of Number of Developments in the Chemicals and Materials | |
      7. 5.1.7 Key developments and growth strategies | | |
        1. 5.1.7.1 New Product Launch/Service Deployment | | |
        2. 5.1.7.2 Merger & Acquisitions | | |
        3. 5.1.7.3 Joint Ventures | |
      8. 5.1.8 Major Players Financial Matrix | | |
        1. 5.1.8.1 Sales and Operating Income | | |
        2. 5.1.8.2 Major Players R&D Expenditure. 2023 |
    2. 5.2 Company Profiles | |
      1. 5.2.1 Toray Industries (JP) | | |
        1. 5.2.1.1 Financial Overview | | |
        2. 5.2.1.2 Products Offered | | |
        3. 5.2.1.3 Key Developments | | |
        4. 5.2.1.4 SWOT Analysis | | |
        5. 5.2.1.5 Key Strategies | |
      2. 5.2.2 SGL Carbon (DE) | | |
        1. 5.2.2.1 Financial Overview | | |
        2. 5.2.2.2 Products Offered | | |
        3. 5.2.2.3 Key Developments | | |
        4. 5.2.2.4 SWOT Analysis | | |
        5. 5.2.2.5 Key Strategies | |
      3. 5.2.3 Hexcel Corporation (US) | | |
        1. 5.2.3.1 Financial Overview | | |
        2. 5.2.3.2 Products Offered | | |
        3. 5.2.3.3 Key Developments | | |
        4. 5.2.3.4 SWOT Analysis | | |
        5. 5.2.3.5 Key Strategies | |
      4. 5.2.4 Mitsubishi Chemical Corporation (JP) | | |
        1. 5.2.4.1 Financial Overview | | |
        2. 5.2.4.2 Products Offered | | |
        3. 5.2.4.3 Key Developments | | |
        4. 5.2.4.4 SWOT Analysis | | |
        5. 5.2.4.5 Key Strategies | |
      5. 5.2.5 Teijin Limited (JP) | | |
        1. 5.2.5.1 Financial Overview | | |
        2. 5.2.5.2 Products Offered | | |
        3. 5.2.5.3 Key Developments | | |
        4. 5.2.5.4 SWOT Analysis | | |
        5. 5.2.5.5 Key Strategies | |
      6. 5.2.6 Cytec Solvay Group (BE) | | |
        1. 5.2.6.1 Financial Overview | | |
        2. 5.2.6.2 Products Offered | | |
        3. 5.2.6.3 Key Developments | | |
        4. 5.2.6.4 SWOT Analysis | | |
        5. 5.2.6.5 Key Strategies | |
      7. 5.2.7 Zoltek Companies (US) | | |
        1. 5.2.7.1 Financial Overview | | |
        2. 5.2.7.2 Products Offered | | |
        3. 5.2.7.3 Key Developments | | |
        4. 5.2.7.4 SWOT Analysis | | |
        5. 5.2.7.5 Key Strategies | |
      8. 5.2.8 Formosa Plastics Corporation (TW) | | |
        1. 5.2.8.1 Financial Overview | | |
        2. 5.2.8.2 Products Offered | | |
        3. 5.2.8.3 Key Developments | | |
        4. 5.2.8.4 SWOT Analysis | | |
        5. 5.2.8.5 Key Strategies | |
      9. 5.2.9 BASF SE (DE) | | |
        1. 5.2.9.1 Financial Overview | | |
        2. 5.2.9.2 Products Offered | | |
        3. 5.2.9.3 Key Developments | | |
        4. 5.2.9.4 SWOT Analysis | | |
        5. 5.2.9.5 Key Strategies |
    3. 5.3 Appendix | |
      1. 5.3.1 References | |
      2. 5.3.2 Related Reports 6 LIST OF FIGURES |
    4. 6.1 MARKET SYNOPSIS |
    5. 6.2 NORTH AMERICA MARKET ANALYSIS |
    6. 6.3 US MARKET ANALYSIS BY APPLICATION |
    7. 6.4 US MARKET ANALYSIS BY MATERIAL |
    8. 6.5 CANADA MARKET ANALYSIS BY APPLICATION |
    9. 6.6 CANADA MARKET ANALYSIS BY MATERIAL |
    10. 6.7 EUROPE MARKET ANALYSIS |
    11. 6.8 GERMANY MARKET ANALYSIS BY APPLICATION |
    12. 6.9 GERMANY MARKET ANALYSIS BY MATERIAL |
    13. 6.10 UK MARKET ANALYSIS BY APPLICATION |
    14. 6.11 UK MARKET ANALYSIS BY MATERIAL |
    15. 6.12 FRANCE MARKET ANALYSIS BY APPLICATION |
    16. 6.13 FRANCE MARKET ANALYSIS BY MATERIAL |
    17. 6.14 RUSSIA MARKET ANALYSIS BY APPLICATION |
    18. 6.15 RUSSIA MARKET ANALYSIS BY MATERIAL |
    19. 6.16 ITALY MARKET ANALYSIS BY APPLICATION |
    20. 6.17 ITALY MARKET ANALYSIS BY MATERIAL |
    21. 6.18 SPAIN MARKET ANALYSIS BY APPLICATION |
    22. 6.19 SPAIN MARKET ANALYSIS BY MATERIAL |
    23. 6.20 REST OF EUROPE MARKET ANALYSIS BY APPLICATION |
    24. 6.21 REST OF EUROPE MARKET ANALYSIS BY MATERIAL |
    25. 6.22 APAC MARKET ANALYSIS |
    26. 6.23 CHINA MARKET ANALYSIS BY APPLICATION |
    27. 6.24 CHINA MARKET ANALYSIS BY MATERIAL |
    28. 6.25 INDIA MARKET ANALYSIS BY APPLICATION |
    29. 6.26 INDIA MARKET ANALYSIS BY MATERIAL |
    30. 6.27 JAPAN MARKET ANALYSIS BY APPLICATION |
    31. 6.28 JAPAN MARKET ANALYSIS BY MATERIAL |
    32. 6.29 SOUTH KOREA MARKET ANALYSIS BY APPLICATION |
    33. 6.30 SOUTH KOREA MARKET ANALYSIS BY MATERIAL |
    34. 6.31 MALAYSIA MARKET ANALYSIS BY APPLICATION |
    35. 6.32 MALAYSIA MARKET ANALYSIS BY MATERIAL |
    36. 6.33 THAILAND MARKET ANALYSIS BY APPLICATION |
    37. 6.34 THAILAND MARKET ANALYSIS BY MATERIAL |
    38. 6.35 INDONESIA MARKET ANALYSIS BY APPLICATION |
    39. 6.36 INDONESIA MARKET ANALYSIS BY MATERIAL |
    40. 6.37 REST OF APAC MARKET ANALYSIS BY APPLICATION |
    41. 6.38 REST OF APAC MARKET ANALYSIS BY MATERIAL |
    42. 6.39 SOUTH AMERICA MARKET ANALYSIS |
    43. 6.40 BRAZIL MARKET ANALYSIS BY APPLICATION |
    44. 6.41 BRAZIL MARKET ANALYSIS BY MATERIAL |
    45. 6.42 MEXICO MARKET ANALYSIS BY APPLICATION |
    46. 6.43 MEXICO MARKET ANALYSIS BY MATERIAL |
    47. 6.44 ARGENTINA MARKET ANALYSIS BY APPLICATION |
    48. 6.45 ARGENTINA MARKET ANALYSIS BY MATERIAL |
    49. 6.46 REST OF SOUTH AMERICA MARKET ANALYSIS BY APPLICATION |
    50. 6.47 REST OF SOUTH AMERICA MARKET ANALYSIS BY MATERIAL |
    51. 6.48 MEA MARKET ANALYSIS |
    52. 6.49 GCC COUNTRIES MARKET ANALYSIS BY APPLICATION |
    53. 6.50 GCC COUNTRIES MARKET ANALYSIS BY MATERIAL |
    54. 6.51 SOUTH AFRICA MARKET ANALYSIS BY APPLICATION |
    55. 6.52 SOUTH AFRICA MARKET ANALYSIS BY MATERIAL |
    56. 6.53 REST OF MEA MARKET ANALYSIS BY APPLICATION |
    57. 6.54 REST OF MEA MARKET ANALYSIS BY MATERIAL |
    58. 6.55 KEY BUYING CRITERIA OF CHEMICALS AND MATERIALS |
    59. 6.56 RESEARCH PROCESS OF MRFR |
    60. 6.57 DRO ANALYSIS OF CHEMICALS AND MATERIALS |
    61. 6.58 DRIVERS IMPACT ANALYSIS: CHEMICALS AND MATERIALS |
    62. 6.59 RESTRAINTS IMPACT ANALYSIS: CHEMICALS AND MATERIALS |
    63. 6.60 SUPPLY / VALUE CHAIN: CHEMICALS AND MATERIALS |
    64. 6.61 CHEMICALS AND MATERIALS, BY APPLICATION, 2024 (% SHARE) |
    65. 6.62 CHEMICALS AND MATERIALS, BY APPLICATION, 2024 TO 2035 (USD Billion) |
    66. 6.63 CHEMICALS AND MATERIALS, BY MATERIAL, 2024 (% SHARE) |
    67. 6.64 CHEMICALS AND MATERIALS, BY MATERIAL, 2024 TO 2035 (USD Billion) |
    68. 6.65 BENCHMARKING OF MAJOR COMPETITORS 7 LIST OF TABLES |
    69. 7.1 LIST OF ASSUMPTIONS | |
      1. 7.1.1 |
    70. 7.2 North America MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.2.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.2.2 BY MATERIAL, 2025-2035 (USD Billion) |
    71. 7.3 US MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.3.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.3.2 BY MATERIAL, 2025-2035 (USD Billion) |
    72. 7.4 Canada MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.4.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.4.2 BY MATERIAL, 2025-2035 (USD Billion) |
    73. 7.5 Europe MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.5.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.5.2 BY MATERIAL, 2025-2035 (USD Billion) |
    74. 7.6 Germany MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.6.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.6.2 BY MATERIAL, 2025-2035 (USD Billion) |
    75. 7.7 UK MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.7.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.7.2 BY MATERIAL, 2025-2035 (USD Billion) |
    76. 7.8 France MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.8.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.8.2 BY MATERIAL, 2025-2035 (USD Billion) |
    77. 7.9 Russia MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.9.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.9.2 BY MATERIAL, 2025-2035 (USD Billion) |
    78. 7.10 Italy MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.10.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.10.2 BY MATERIAL, 2025-2035 (USD Billion) |
    79. 7.11 Spain MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.11.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.11.2 BY MATERIAL, 2025-2035 (USD Billion) |
    80. 7.12 Rest of Europe MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.12.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.12.2 BY MATERIAL, 2025-2035 (USD Billion) |
    81. 7.13 APAC MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.13.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.13.2 BY MATERIAL, 2025-2035 (USD Billion) |
    82. 7.14 China MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.14.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.14.2 BY MATERIAL, 2025-2035 (USD Billion) |
    83. 7.15 India MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.15.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.15.2 BY MATERIAL, 2025-2035 (USD Billion) |
    84. 7.16 Japan MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.16.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.16.2 BY MATERIAL, 2025-2035 (USD Billion) |
    85. 7.17 South Korea MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.17.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.17.2 BY MATERIAL, 2025-2035 (USD Billion) |
    86. 7.18 Malaysia MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.18.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.18.2 BY MATERIAL, 2025-2035 (USD Billion) |
    87. 7.19 Thailand MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.19.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.19.2 BY MATERIAL, 2025-2035 (USD Billion) |
    88. 7.20 Indonesia MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.20.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.20.2 BY MATERIAL, 2025-2035 (USD Billion) |
    89. 7.21 Rest of APAC MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.21.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.21.2 BY MATERIAL, 2025-2035 (USD Billion) |
    90. 7.22 South America MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.22.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.22.2 BY MATERIAL, 2025-2035 (USD Billion) |
    91. 7.23 Brazil MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.23.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.23.2 BY MATERIAL, 2025-2035 (USD Billion) |
    92. 7.24 Mexico MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.24.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.24.2 BY MATERIAL, 2025-2035 (USD Billion) |
    93. 7.25 Argentina MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.25.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.25.2 BY MATERIAL, 2025-2035 (USD Billion) |
    94. 7.26 Rest of South America MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.26.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.26.2 BY MATERIAL, 2025-2035 (USD Billion) |
    95. 7.27 MEA MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.27.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.27.2 BY MATERIAL, 2025-2035 (USD Billion) |
    96. 7.28 GCC Countries MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.28.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.28.2 BY MATERIAL, 2025-2035 (USD Billion) |
    97. 7.29 South Africa MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.29.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.29.2 BY MATERIAL, 2025-2035 (USD Billion) |
    98. 7.30 Rest of MEA MARKET SIZE ESTIMATES; FORECAST | |
      1. 7.30.1 BY APPLICATION, 2025-2035 (USD Billion) | |
      2. 7.30.2 BY MATERIAL, 2025-2035 (USD Billion) |
    99. 7.31 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL | |
      1. 7.31.1 |
    100. 7.32 ACQUISITION/PARTNERSHIP | |

Carbon Fiber Automotive Market Segmentation

Carbon Fiber Automotive Market By Application (USD Billion, 2025-2035)

  • Exterior
  • Chassis System
  • Interior
  • Pressure Vessel
  • Power Train System
  • Underbody System

Carbon Fiber Automotive Market By Material (USD Billion, 2025-2035)

  • Textile
  • Long Fiber Thermoplastic (LFT)
  • Sheet Molding Compound (SMC)
  • Short Fiber Thermoplastic (SFT)
  • Prepreg
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