
Market Summary
As per Market Research Future Analysis, the carbon fiber prepreg market was valued at USD 7.5 billion in 2020 and is projected to reach USD 17.1 billion by 2030, growing at a CAGR of 10.4% from 2024 to 2032. The material is favored for its lightweight and superior mechanical properties, making it suitable for various applications in the aerospace, automotive, and sports industries. However, the market faced challenges during the COVID-19 pandemic due to supply chain disruptions and decreased demand in key sectors. The epoxy resin segment dominates the market, while the hot melt manufacturing process is the most widely used. North America holds the largest market share, driven by strong demand in the aerospace and automotive sectors, followed by the rapidly growing Asia-Pacific region.
Key Market Trends & Highlights
The carbon fiber prepreg market is witnessing significant growth driven by various factors.
- Market value expected to grow from USD 7.5 billion in 2020 to USD 17.1 billion by 2030.
- CAGR of 10.4% anticipated during the forecast period from 2024 to 2032.
- Aerospace and defense industries account for the highest market value among end-users.
- North America holds the largest market share due to strong demand in aerospace and automotive sectors.
Market Size & Forecast
2020 Market Size | USD 7.5 Billion |
2030 Market Size | USD 17.1 Billion |
CAGR | 10.4% |
Largest Regional Market Share | North America. |
Major Players
Cytec Solvay Group, Royal TenCate N.V., Teijin Limited, Toray Industries, Inc., Hexcel Corporation, SGL Group, Gurit Holding AG, Park Electrochemical Corporation, Mitsubishi Rayon Co., Ltd., Axiom Materials.
Market Trends
The increasing demand for lightweight and high-strength materials across various industries appears to drive the growth of the carbon fiber prepreg market, indicating a potential shift towards more sustainable manufacturing practices.
U.S. Department of Energy
Carbon Fiber Prepreg Market Market Drivers
Rising Demand in Aerospace Sector
The Global Carbon Fiber Prepreg Market Industry experiences a notable surge in demand driven by the aerospace sector. The lightweight and high-strength properties of carbon fiber prepreg materials are increasingly favored for aircraft manufacturing. As of 2024, the market is valued at approximately 7.5 USD Billion, reflecting the aerospace industry's shift towards advanced composite materials to enhance fuel efficiency and reduce emissions. Major aircraft manufacturers are integrating carbon fiber prepreg into their designs, which is expected to contribute significantly to the industry's growth. By 2035, the market could reach 17.1 USD Billion, indicating a robust trajectory fueled by technological advancements and regulatory pressures for sustainable aviation solutions.
Market Segment Insights
Regional Insights
Key Companies in the Carbon Fiber Prepreg Market market include



Industry Developments
- In January 2020, Mitsubishi chemical corporation (MCC) A Japanese chemical solutions provider announced the acquisition of a German carbon fiber prepreg manufacturing company, c-m-p GmbH, to strengthen its carbon fiber composite material business.
- In February 2019, Teijin Ltd, a Japanese IT, and pharmaceutical company, announced the acquisition of Renegade Materials Corporation (Renegade), a leading North American supplier of highly heat-resistant thermoset prepreg for the aerospace industry.
Intended Audience
This report will be beneficial for every stakeholder of the carbon fiber prepreg market such as :
- Carbon Fiber Prepreg Manufacturers
- Research and Development Institutes
- Raw Material suppliers
- Traders and Distributors
- End-user industries
Future Outlook
Carbon Fiber Prepreg Market Future Outlook
The Carbon Fiber Prepreg Market is projected to grow at a 7.78% CAGR from 2024 to 2035, driven by advancements in aerospace, automotive, and renewable energy sectors.
New opportunities lie in:
- Develop innovative recycling processes for carbon fiber prepreg waste.
- Expand applications in electric vehicle components for enhanced performance.
- Invest in R&D for bio-based carbon fiber prepregs to meet sustainability demands.
By 2035, the Carbon Fiber Prepreg Market is expected to achieve substantial growth, reflecting evolving industry needs and technological advancements.
Market Segmentation
Report Scope
Report Attribute/Metric | Details |
Market Size | 2030: USD 17.1 billion |
CAGR | 2030: 10.4% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2019 & 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, manufacturing process, and end user industry |
Geographies Covered | Europe, Latin America, Asia Pacific, North America, and the Middle East & Africa |
Key Vendors | Cytec Solvay Group (Brussels, Belgium), Royal TenCate N.V. (Almeo, Netherlands), Teijin Limited (Osaka, Japan), Toray Industries, Inc. (Tokyo, Japan), Hexcel Corporation (Connecticut, U.S.), SGL Group (Wiesbaden, Germany), Gurit Holding AG (Wattwil, Switzerland), Park Electrochemical Corporation (Melville, U.S.), Mitsubishi Rayon Co., Ltd. (Japan), and Axiom Materials (California, U.S.) |
Key Market Opportunities | The growing demand for fuel efficient car, along with the growing investment in the renewable energy sector |
Key Market Drivers | The growing demand for carbon fiber prepreg in the end user industries |
Market Highlights
Author
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FAQs
How much will the global carbon fiber prepreg market be worth in the future?
The global carbon fiber prepreg market value is expected to be worth USD 17.1 billion by 2030. at a CAGR of 10.4 %
Which region leads the carbon fiber Prepreg market in terms of value?
North America holds the largest carbon fiber prepreg market share among other regions. The greater presence of aircraft and automobile manufacturing units makes it the leading regional segment.
Which end-user industry is expected to have the highest market value during the current forecast period?
The aerospace and defense segment of the global carbon fiber prepreg market is expected to have the highest market value over the current forecast period.
Who are the key players of the global carbon fiber Prepreg industry?
Cytec Solvay Group (Brussels, Belgium), Royal TenCate N.V. (Almeo, Netherlands), Teijin Limited (Osaka, Japan), Toray Industries, Inc. (Tokyo, Japan), Hexcel Corporation (Connecticut, U.S.), SGL Group (Wiesbaden, Germany), Gurit Holding AG (Wattwil, Switzerland), Park Electrochemical Corporation (Melville, U.S.), Mitsubishi Rayon Co., Ltd. (Japan), and Axiom Materials (California, U.S.)
What is the major driving factor behind the growth of the carbon fiber Prepreg market?
The growing demand for carbon fiber prepreg in different end-user industries owing to its several advantages is the major growth driving factor.
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Table of Contents
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1 Executive Summary
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2 Scope of the Report
- Market Definition
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Scope of the Study
- Research Objectives
- Assumptions & Limitations
- Markets Structure
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3 Market Research Methodology
- Research Process
- Secondary Research
- Primary Research
- Forecast Model
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4 Market Landscape
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Porter’s Five Forces Analysis
- Threat of New Entrants
- Bargaining power of buyers
- Threat of substitutes
- Segment rivalry
- Value Chain/Supply Chain of Global Carbon Fiber Prepreg Market
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Porter’s Five Forces Analysis
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5 Industry Overview of Global Carbon Fiber Prepreg Market
- Introduction
- Growth Drivers
- Impact analysis
- Market Challenges
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6 Market Trends
- Introduction
- Growth Trends
- Impact analysis
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Global Carbon Fiber Prepreg Market by Resin Type
- Introduction
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Epoxy Resin
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Region, 2020-2027
- Phenolic Resin
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7.3.1 Market Estimates & Forecast, 2020-2027
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7.3.2 Market Estimates & Forecast by Region, 2020-2027
- BMI Resin
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7.4.1 Market Estimates & Forecast, 2020-2027
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7.4.2 Market Estimates & Forecast by Region, 2020-2027
- Cyanate Ester Resin
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7.5.1 Market Estimates & Forecast, 2020-2027
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7.5.2 Market Estimates & Forecast by Region, 2020-2027
- Thermoplastic Resin
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7.6.1 Market Estimates & Forecast, 2020-2027
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7.6.2 Market Estimates & Forecast by Region, 2020-2027
- Other Resin
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7.7.1 Market Estimates & Forecast, 2020-2027
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7.7.2 Market Estimates & Forecast by Region, 2020-2027
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Global Carbon Fiber Prepreg Market by Manufacturing Process
- Introduction
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Hot Melt Manufacturing Process
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Region, 2020-2027
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Solvent Dip Manufacturing Process
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Region, 2020-2027
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Global Carbon Fiber Prepreg Market by End user industry
- Introduction
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Wind Energy
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Region, 2020-2027
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Automotive
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Region, 2020-2027
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Aerospace & Defense
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Region, 2020-2027
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9.5 Sports & Leisure
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9.5.1 Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Region, 2020-2027
- Others
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9.6.1 Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Region, 2020-2027
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Global Carbon Fiber Prepreg Market, by Region
- Introduction
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North America
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Resin Type, 2020-2027
- Market Estimates & Forecast by Manufacturing Process, 2020-2027
- Market Estimates & Forecast by End user industry, 2020-2027
- U.S.
- Mexico
- Canada
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Europe
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Resin Type, 2020-2027
- Market Estimates & Forecast by Manufacturing Process, 2020-2027
- Market Estimates & Forecast by End user industry, 2020-2027
- Germany
- France
- Italy
- Spain
- U.K
- Rest of Europe
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Asia Pacific
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Resin Type, 2020-2027
- Market Estimates & Forecast by Manufacturing Process, 2020-2027
- Market Estimates & Forecast by End user industry, 2020-2027
- China
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10.4.6 India
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Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Resin Type, 2020-2027
- Japan
- Australia
- New Zealand
- Rest of Asia Pacific
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The Middle East & Africa
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Resin Type, 2020-2027
- Market Estimates & Forecast by Manufacturing Process, 2020-2027
- Market Estimates & Forecast by End user industry, 2020-2027
- Turkey
- Israel
- North Africa
- GCC
- Rest of the Middle East & Africa
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Latin America
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast by Resin Type, 2020-2027
- Market Estimates & Forecast by Manufacturing Process, 2020-2027
- Market Estimates & Forecast by End user industry, 2020-2027
- Brazil
- Argentina
- Rest of Latin America
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Market Estimates & Forecast, 2020-2027
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Company Landscape
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Company Profiles
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Cytec Solvay Group
- Company Overview
- Resin Type/Business Segment Overview
- Financial Updates
- Key Developments
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Royal TenCate N.V
- Company Overview
- Resin Type/Business Segment Overview
- Financial Updates
- Key Developments
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Teijin Limited
- Company Overview
- Resin Type/Business Segment Overview
- Financial Updates
- Key Developments
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Toray Industries, Inc
- Company Overview
- Resin Type/Business Segment Overview
- Financial Updates
- Key Developments
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Hexcel Corporation
- Company Overview
- Resin Type/Business Segment Overview
- Financial Updates
- Key Developments
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SGL Group
- Company Overview
- Resin Type/Business Segment Overview
- Financial Updates
- Key Developments
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Gurit Holding AG
- Company Overview
- Resin Type/Business Segment Overview
- Financial Updates
- Key Developments
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Park Electrochemical Corporation
- Company Overview
- Resin Type/Business Segment Overview
- Financial Updates
- Key Developments
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Mitsubishi Rayon Co., Ltd
- Company Overview
- Resin Type/Business Segment Overview
- Financial Updates
- Key Developments
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Axiom Materials
- Company Overview
- Resin Type/Business Segment Overview
- Financial Updates
- Key Developments
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Cytec Solvay Group
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13 Conclusion
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List of Tables and Figures
- LIST OF TABLES
- Table 1 World Population by Major Regions (2020 To 2027)
- Table 2 Global Carbon Fiber Prepreg Market: By Region, 2020-2027
- Table 3 North America Carbon Fiber Prepreg Market: By Country, 2020-2027
- Table 4 Europe Carbon Fiber Prepreg Market: By Country, 2020-2027
- Table 5 Asia-Pacific Carbon Fiber Prepreg Market: By Country, 2020-2027
- Table 6 Middle East & Africa Carbon Fiber Prepreg Market: By Country, 2020-2027
- Table 7 Latin America Carbon Fiber Prepreg Market: By Country, 2020-2027
- Table 8 Global Carbon Fiber Prepreg by Resin Type Market: By Regions, 2020-2027
- Table 9 North America Carbon Fiber Prepreg by Resin Type Market: By Country, 2020-2027 Table10 Europe Carbon Fiber Prepreg by Resin Type Market: By Country, 2020-2027 Table11 Asia-Pacific Carbon Fiber Prepreg by Resin Type Market: By Country, 2020-2027 Table12 Middle East & Africa Carbon Fiber Prepreg by Resin Type Market: By Country, 2020-2027 Table13 Latin America Carbon Fiber Prepreg by Resin Type Market: By Country, 2020-2027 Table14 Global Carbon Fiber Prepreg by Manufacturing Process Market: By Regions, 2020-2027 Table15 North America Carbon Fiber Prepreg by Manufacturing Process Market: By Country, 2020-2027 Table16 Europe Carbon Fiber Prepreg by Manufacturing Process Market: By Country, 2020-2027 Table17 Asia-Pacific Carbon Fiber Prepreg by Manufacturing Process Market: By Country, 2020-2027 Table18 Middle East & Africa Carbon Fiber Prepreg by Manufacturing Process Market: By Country, 2020-2027 Table19 Latin America Carbon Fiber Prepreg by Manufacturing Process Market: By Country, 2020-2027 Table20 Global Carbon Fiber Prepreg by Manufacturing Process Market: By Regions, 2020-2027 Table21 North America Carbon Fiber Prepreg for End user industry Market: By Country, 2020-2027 Table22 Europe Carbon Fiber Prepreg for End user industry Market: By Country, 2020-2027 Table23 Asia-Pacific Carbon Fiber Prepreg for End user industry Market: By Country, 2020-2027 Table24 Middle East & Africa Carbon Fiber Prepreg for End user industry Market: By Country, 2020-2027 Table25 Latin America Carbon Fiber Prepreg for End user industry Market: By Country, 2020-2027 Table26 Global Resin Type Market: By Region, 2020-2027 Table27 Global Manufacturing Process Market: By Region, 2020-2027 Table28 Global End user industry Market: By Region, 2020-2027 Table29 North America Carbon Fiber Prepreg Market, By Country Table30 North America Carbon Fiber Prepreg Market, By Resin Type Table31 North America Carbon Fiber Prepreg Market, By Manufacturing Process Table32 North America Carbon Fiber Prepreg Market, By End user industry Table33 Europe: Carbon Fiber Prepreg Market, By Country Table34 Europe: Carbon Fiber Prepreg Market, By Resin Type Table35 Europe: Carbon Fiber Prepreg Market, By Manufacturing Process Table36 Europe: Carbon Fiber Prepreg Market, By End user industry Table37 Asia Pacific: Carbon Fiber Prepreg Market, By Country Table38 Asia Pacific: Carbon Fiber Prepreg Market, By Resin Type Table39 Asia Pacific: Carbon Fiber Prepreg Market, By Manufacturing Process Table40 Asia Pacific: Carbon Fiber Prepreg Market, By End user industry Table41 The Middle East & Africa: Carbon Fiber Prepreg Market, By Country Table42 The Middle East & Africa Carbon Fiber Prepreg Market, By Resin Type Table43 The Middle East & Africa Carbon Fiber Prepreg Market, By Manufacturing Process Table44 The Middle East & Africa: Carbon Fiber Prepreg Market, By End user industry Table45 Latin America: Carbon Fiber Prepreg Market, By Country Table46 Latin America Carbon Fiber Prepreg Market, By Resin Type Table47 Latin America Carbon Fiber Prepreg Market, By Manufacturing Process Table48 Latin America: Carbon Fiber Prepreg Market, By End user industry LIST OF FIGURES
- FIGURE 1 Global Carbon Fiber Prepreg Market Segmentation
- FIGURE 2 Forecast Methodology
- FIGURE 3 Porter’s Five Forces Analysis of Global Carbon Fiber Prepreg Market
- FIGURE 4 Value Chain of Global Carbon Fiber Prepreg Market
- FIGURE 5 Share of Global Carbon Fiber Prepreg Market in 2020, by country (in %)
- FIGURE 6 Global Carbon Fiber Prepreg Market, 2020-2027,
- FIGURE 7 Sub segments of Resin Type
- FIGURE 8 Global Carbon Fiber Prepreg Market size by Resin Type, 2020
- FIGURE 9 Share of Global Carbon Fiber Prepreg Market by Resin Type, 2020-2027
- FIGURE 10 Global Carbon Fiber Prepreg Market size by Manufacturing Process, 2020
- FIGURE 11 Share of Global Carbon Fiber Prepreg Market by Manufacturing Process, 2020-2027
- FIGURE 12 Global Carbon Fiber Prepreg Market size by End user industry, 2020
- FIGURE 13 Share of Global Carbon Fiber Prepreg Market by End user industry, 2020-2027
Carbon Fiber Prepreg Market Segmentation
Market Segmentation Overview
- Detailed segmentation data will be available in the full report
- Comprehensive analysis by multiple parameters
- Regional and country-level breakdowns
- Market size forecasts by segment

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