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US Carbon Fiber Market

ID: MRFR/CnM/18905-HCR
128 Pages
Chitranshi Jaiswal
October 2025

United States Carbon Fiber Market Research Report Information by Material Type (PAN-based Carbon Fiber and Pitch-based Carbon Fiber), by Type (Virgin Carbon Fiber and Recycled Carbon Fiber), by Modulus (Standard, Intermediate and High Modulus), by Product Type (Continuous, Long, and Short Carbon Fiber), by Application (Composites, and Non-Composite), by End Use Industry (Aerospace & Defense, Wind Energy, Automotive, Pipes, Sporting Goods, Medical & Healthcare, Construction & Infrastructure, Pressure Vessels) – US Market Forecast ... read more

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US Carbon Fiber Market Summary

As per analysis, the US carbon fiber market is projected to grow from USD 1.83 Billion in 2025 to USD 5.07 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 10.75% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US carbon fiber market is experiencing robust growth driven by diverse applications and technological advancements.

  • The aerospace segment remains the largest consumer of carbon fiber, reflecting its critical role in lightweight and high-performance applications.
  • The automotive sector is the fastest-growing segment, as manufacturers increasingly adopt carbon fiber to enhance fuel efficiency and performance.
  • Emerging applications in sports and recreation are expanding the market, showcasing the versatility of carbon fiber materials.
  • Key market drivers include rising demand in the renewable energy sector and increased focus on lightweight materials in transportation.

Market Size & Forecast

2024 Market Size 1.65 (USD Billion)
2035 Market Size 5.07 (USD Billion)
CAGR (2025 - 2035) 10.75%

Major Players

Hexcel Corporation (US), Toray Industries, Inc. (JP), SGL Carbon SE (DE), Mitsubishi Chemical Corporation (JP), Teijin Limited (JP), Solvay S.A. (BE), Zoltek Companies, Inc. (US), Cytec Industries Inc. (US), Formosa Plastics Corporation (TW)

US Carbon Fiber Market Trends

The US carbon fiber market is currently experiencing a notable transformation, driven by advancements in technology and increasing demand across various sectors. Industries such as aerospace, automotive, and sporting goods are increasingly adopting carbon fiber due to its lightweight and high-strength properties. This shift appears to be influenced by a growing emphasis on sustainability and energy efficiency, prompting manufacturers to seek materials that enhance performance while reducing environmental impact. As a result, the market is witnessing a surge in innovation, with new applications emerging that leverage the unique characteristics of carbon fiber. Moreover, the regulatory landscape in the United States is evolving, with policies aimed at promoting the use of advanced materials in manufacturing. This regulatory support may further stimulate growth in the US carbon fiber market, as companies align their strategies with national goals for reducing carbon emissions and enhancing energy efficiency. The interplay between technological advancements and regulatory frameworks suggests a dynamic environment where the US carbon fiber market could continue to expand, potentially leading to new opportunities for businesses and investors alike.

Increased Adoption in Aerospace

The aerospace sector in the US is increasingly integrating carbon fiber into aircraft design and manufacturing. This trend is driven by the material's ability to reduce weight, enhance fuel efficiency, and improve overall performance. As airlines and manufacturers prioritize sustainability, the demand for carbon fiber components is likely to rise.

Growth in Automotive Applications

The automotive industry is witnessing a shift towards lightweight materials, with carbon fiber gaining traction in vehicle production. This trend is influenced by the need for improved fuel efficiency and performance. As electric vehicles become more prevalent, the use of carbon fiber may expand further, aligning with industry goals for sustainability.

Emergence of New Applications

Innovative applications of carbon fiber are emerging in various sectors, including sports equipment and construction. The versatility of carbon fiber allows for its use in high-performance products, which may attract new market entrants. This diversification could lead to increased competition and further advancements in material technology.

US Carbon Fiber Market Drivers

Growth in Automotive Applications

The United States Carbon Fiber Market is witnessing a significant expansion in automotive applications. With the automotive sector increasingly focusing on lightweight materials to improve fuel efficiency and reduce emissions, carbon fiber is becoming a preferred choice. In 2025, it is estimated that the automotive industry will represent around 25% of the carbon fiber market share in the United States. This growth is fueled by the rising demand for electric vehicles, which require lightweight components to enhance battery efficiency. As manufacturers invest in research and development to integrate carbon fiber into vehicle designs, the market is poised for substantial growth in the coming years.

Increasing Demand in Aerospace Sector

The United States Carbon Fiber Market is experiencing a notable surge in demand, particularly from the aerospace sector. Carbon fiber's lightweight and high-strength properties make it an ideal material for aircraft components, contributing to fuel efficiency and performance. In 2025, the aerospace industry is projected to account for approximately 30% of the total carbon fiber consumption in the United States. This trend is driven by the ongoing development of advanced aircraft and the need for materials that enhance performance while reducing weight. As manufacturers seek to comply with stringent environmental regulations, the adoption of carbon fiber composites is likely to increase, further solidifying its role in the aerospace sector.

Rising Investment in Renewable Energy

The United States Carbon Fiber Market is experiencing a boost from rising investments in renewable energy projects. Carbon fiber is increasingly utilized in wind turbine blades and other renewable energy applications due to its lightweight and durable characteristics. In 2025, the renewable energy sector is expected to account for a growing share of carbon fiber consumption, driven by the need for efficient and sustainable energy solutions. As the United States continues to transition towards renewable energy sources, the demand for carbon fiber in this sector is likely to increase, presenting new opportunities for manufacturers.

Advancements in Manufacturing Technologies

The United States Carbon Fiber Market is benefiting from advancements in manufacturing technologies that enhance production efficiency and reduce costs. Innovations such as automated fiber placement and 3D printing are streamlining the production process, making carbon fiber more accessible to various industries. These technologies not only improve the quality of carbon fiber products but also enable manufacturers to meet the increasing demand from sectors like aerospace and automotive. As production capabilities expand, the market is likely to see a rise in the adoption of carbon fiber composites, further driving growth in the United States.

Emerging Applications in Sports and Recreation

The United States Carbon Fiber Market is expanding into emerging applications within the sports and recreation sector. Carbon fiber's unique properties make it an attractive material for high-performance sporting goods, including bicycles, golf clubs, and fishing rods. As consumers increasingly seek lightweight and durable products, the demand for carbon fiber in this sector is projected to grow. In 2025, it is anticipated that the sports and recreation industry will contribute a notable share to the overall carbon fiber market. This trend reflects a broader shift towards performance-oriented products, further driving the adoption of carbon fiber across various applications.

Market Segment Insights

By Application: Aerospace (Largest) vs. Automotive (Fastest-Growing)

In the US carbon fiber market, the application segment is diverse, with aerospace leading in market share due to its rigorous performance requirements and stringent weight reduction needs. Following aerospace, the automotive sector shows significant presence, particularly as manufacturers seek to enhance fuel efficiency and performance through advanced materials. Other notable applications include sporting goods and wind energy, which are gradually increasing their market share as innovation continues to drive demand for lightweight materials in various industries.

Aerospace: Dominant vs. Automotive: Emerging

In the realm of applications for carbon fiber, aerospace stands out as the dominant force, favored for its exceptional strength-to-weight ratio and ability to withstand extreme conditions. This sector continuously invests in research and development to leverage carbon fiber's benefits, particularly in aircraft structures and components. Meanwhile, the automotive industry emerges strongly, driven by trends towards electric vehicles and stringent emissions regulations which necessitate lighter components to improve efficiency. As automotive applications advance, manufacturers are increasingly integrating carbon fiber for both performance standards and innovative design. This dynamic combination of mature and emerging sectors showcases the adaptability and potential of carbon fiber in addressing industry challenges.

By End Use: Composites (Largest) vs. Textiles (Fastest-Growing)

In the US carbon fiber market, the end-use segments are witnessing varied dynamics, with composites holding the largest share due to their extensive application in automotive, aerospace, and sporting goods. Textiles, while smaller in overall share, are gaining significant traction as industries seek innovative uses for carbon fiber, particularly in fashion and recreational gear. The robustness and lightweight nature of carbon fiber make it an attractive choice across diverse applications.

Composites (Dominant) vs. Textiles (Emerging)

Composites are the dominant force in the US carbon fiber market, primarily due to their widespread application in high-performance sectors such as aerospace and automotive industries, where strength-to-weight ratio is critical. Key characteristics include high durability, resistance to extreme conditions, and the ability to be molded into complex shapes, enhancing their appeal. On the other hand, textiles represent an emerging segment, fueled by a growing trend towards lightweight, high-performance fabrics in both fashion and functional apparel. The integration of carbon fiber into textiles offers improved strength and futuristic design potential, positioning this segment for rapid growth in response to consumer demand for innovation.

By Type: Continuous Fiber (Largest) vs. Prepreg (Fastest-Growing)

In the US carbon fiber market, the segment distribution showcases Continuous Fiber as the largest contributor, commanding significant attention due to its widespread application across various industries including automotive, aerospace, and wind energy. The robust demand for this segment is attributed to its superior strength and lightweight properties, which are crucial for performance-driven applications. In contrast, Prepreg, a composite material pre-impregnated with resin, is rapidly emerging as a vital segment within the market, supported by growing advancements in processing technologies and increasing adoption in high-performance applications.

Continuous Fiber: Dominant vs. Prepreg: Emerging

Continuous Fiber stands out as the dominant segment in the US carbon fiber market, recognized for its unmatched structural integrity and versatility. This form is extensively utilized in sectors demanding durability and light weight, making it ideal for applications ranging from aerospace to sports equipment. In contrast, Prepreg is emerging as a key player due to innovations in manufacturing and processing techniques that enhance its performance characteristics. Prepreg's appeal lies in its ability to offer consistent quality and reduced labor costs for manufacturers, thereby facilitating its growth in applications requiring precision and reliability. As industries continue to prioritize high-performance materials, both segments are expected to play pivotal roles, with Continuous Fiber leading and Prepreg rapidly gaining traction.

Get more detailed insights about US Carbon Fiber Market

Regional Insights

North America : Innovation and Demand Surge

The North American carbon fiber market is driven by increasing demand from aerospace, automotive, and wind energy sectors. The U.S. holds the largest market share at approximately 70%, followed by Canada at around 15%. Regulatory support for lightweight materials and sustainability initiatives further catalyze growth. The region's focus on innovation and advanced manufacturing techniques positions it as a leader in carbon fiber production. The United States is home to key players such as Hexcel Corporation and Zoltek Companies, Inc., which dominate the market landscape. The competitive environment is characterized by significant investments in research and development, aimed at enhancing product performance and reducing costs. The presence of established companies and a robust supply chain contribute to the region's strong market position.

Europe : Sustainable Growth and Innovation

Europe's carbon fiber market is experiencing robust growth, driven by stringent regulations on emissions and a shift towards sustainable materials. The region accounts for approximately 15% of the global market, with Germany and France being the largest contributors. The European Union's Green Deal and various national initiatives promote the use of advanced composites in automotive and aerospace applications, fostering innovation and investment. Leading countries like Germany and France are home to major players such as SGL Carbon SE and Toray Industries, Inc. The competitive landscape is marked by collaborations between manufacturers and research institutions, focusing on developing high-performance carbon fibers. The region's commitment to sustainability and technological advancement positions it as a key player in The United States Carbon Fiber.

Asia-Pacific : Rapid Expansion and Investment

The Asia-Pacific region is witnessing rapid growth in the carbon fiber market, driven by increasing demand from the automotive and aerospace sectors. China is the largest market, holding approximately 10% of the global share, followed by Japan and South Korea. Government initiatives to promote lightweight materials and advancements in manufacturing technologies are key growth drivers in this region. China's focus on expanding its aerospace capabilities and the automotive industry's shift towards electric vehicles are significant factors contributing to market growth. Major players like Mitsubishi Chemical Corporation and Teijin Limited are investing heavily in R&D to enhance product offerings. The competitive landscape is evolving, with new entrants emerging to capitalize on the growing demand for carbon fiber products.

Middle East and Africa : Emerging Market Potential

The Middle East and Africa region is in the early stages of developing its carbon fiber market, with potential driven by increasing investments in infrastructure and aerospace. The market share is currently minimal, estimated at around 5%, but countries like the UAE and South Africa are beginning to explore opportunities in advanced materials. Government initiatives aimed at diversifying economies and promoting technology adoption are key growth catalysts. The competitive landscape is still forming, with few established players. However, local companies are beginning to collaborate with international firms to enhance their capabilities. The region's strategic location and growing industrial base present opportunities for carbon fiber applications in various sectors, including construction and automotive.

US Carbon Fiber Market Regional Image

Key Players and Competitive Insights

The carbon fiber market is currently characterized by a dynamic competitive landscape, driven by increasing demand across various sectors such as aerospace, automotive, and renewable energy. Key players are actively pursuing strategies that emphasize innovation, sustainability, and operational efficiency. For instance, Hexcel Corporation (US) has positioned itself as a leader in advanced composite materials, focusing on enhancing its product offerings through research and development. Similarly, Toray Industries, Inc. (JP) has been investing heavily in expanding its production capabilities, particularly in the U.S., to meet the growing demand for high-performance materials. These strategic initiatives collectively contribute to a competitive environment that is increasingly focused on technological advancement and market responsiveness.

In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance efficiency and reduce lead times. The market structure appears moderately fragmented, with several key players exerting significant influence. This fragmentation allows for a diverse range of products and innovations, although it also intensifies competition among established firms and new entrants alike. The collective actions of these companies shape a landscape where agility and responsiveness to market needs are paramount.

In November 2025, SGL Carbon SE (DE) announced a strategic partnership with a leading automotive manufacturer to develop next-generation carbon fiber components aimed at reducing vehicle weight and enhancing fuel efficiency. This collaboration underscores SGL's commitment to innovation and positions it favorably within the automotive sector, where lightweight materials are increasingly critical for meeting regulatory standards and consumer expectations.

In October 2025, Mitsubishi Chemical Corporation (JP) unveiled a new production facility in the U.S. dedicated to carbon fiber manufacturing, which is expected to double its output capacity. This expansion reflects Mitsubishi's strategic focus on meeting the rising demand for carbon fiber in various applications, particularly in the aerospace and sports industries. The facility is anticipated to enhance the company's competitive edge by improving supply chain reliability and reducing production costs.

In September 2025, Zoltek Companies, Inc. (US) launched a new line of low-cost carbon fiber products aimed at the construction and infrastructure sectors. This move is indicative of Zoltek's strategy to diversify its market presence and tap into emerging applications for carbon fiber, which could potentially reshape the competitive dynamics within the industry by making advanced materials more accessible to a broader range of customers.

As of December 2025, the competitive trends in the carbon fiber market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence in manufacturing processes. Strategic alliances are becoming more prevalent, as companies seek to leverage complementary strengths to enhance their market positions. Looking ahead, it is likely that competitive differentiation will evolve from traditional price-based competition to a focus on innovation, technological advancements, and the reliability of supply chains. This shift may redefine how companies approach market entry and product development, emphasizing the importance of agility and responsiveness in a rapidly changing landscape.

Key Companies in the US Carbon Fiber Market market include

Future Outlook

US Carbon Fiber Market Future Outlook

The US carbon fiber market is projected to grow at a 10.75% CAGR from 2024 to 2035, driven by advancements in aerospace, automotive, and renewable energy sectors.

New opportunities lie in:

  • Development of lightweight carbon fiber components for electric vehicles.
  • Expansion into high-performance sporting goods manufacturing.
  • Investment in recycling technologies for carbon fiber materials.

By 2035, the US carbon fiber market is poised for robust growth and innovation.

Market Segmentation

US Carbon Fiber Market Type Outlook

  • Continuous Fiber
  • Chopped Fiber
  • Woven Fabric
  • Prepreg
  • Non-Woven

US Carbon Fiber Market End Use Outlook

  • Composites
  • Textiles
  • Resins
  • Prepregs
  • Additives

US Carbon Fiber Market Application Outlook

  • Aerospace
  • Automotive
  • Sporting Goods
  • Wind Energy
  • Civil Engineering

Report Scope

MARKET SIZE 20241.65(USD Billion)
MARKET SIZE 20251.83(USD Billion)
MARKET SIZE 20355.07(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)10.75% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledHexcel Corporation (US), Toray Industries, Inc. (JP), SGL Carbon SE (DE), Mitsubishi Chemical Corporation (JP), Teijin Limited (JP), Solvay S.A. (BE), Zoltek Companies, Inc. (US), Cytec Industries Inc. (US), Formosa Plastics Corporation (TW)
Segments CoveredApplication, End Use, Type
Key Market OpportunitiesGrowing demand for lightweight materials in aerospace and automotive sectors drives US carbon fiber market expansion.
Key Market DynamicsRising demand for lightweight materials in aerospace and automotive sectors drives growth in the US carbon fiber market.
Countries CoveredUS

Market Highlights

Author
Chitranshi Jaiswal
Research Analyst Level I

In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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FAQs

What is the projected market valuation of the United States Carbon Fiber Market by 2035?

The projected market valuation for the United States Carbon Fiber Market by 2035 is 15.54 USD Billion.

What was the market valuation of the United States Carbon Fiber Market in 2024?

The overall market valuation of the United States Carbon Fiber Market was 4.042 USD Billion in 2024.

What is the expected CAGR for the United States Carbon Fiber Market during the forecast period 2025 - 2035?

The expected CAGR for the United States Carbon Fiber Market during the forecast period 2025 - 2035 is 13.02%.

Which companies are considered key players in the United States Carbon Fiber Market?

Key players in the United States Carbon Fiber Market include Hexcel Corporation, Toray Industries, Inc., and Zoltek Companies, Inc.

What are the main segments of the United States Carbon Fiber Market?

The main segments of the United States Carbon Fiber Market include Raw Material Type, Type, Modulus, Product Type, Application, and End Use Industry.

How does the valuation of PAN-based and Pitch-based Carbon Fiber compare in 2024?

In 2024, both PAN-based and Pitch-based Carbon Fiber had valuations of approximately 2.02 USD Billion.

What is the valuation range for Virgin and Recycled Carbon Fiber by 2035?

By 2035, the valuation range for Virgin Carbon Fiber is projected to be 7.77 USD Billion, while Recycled Carbon Fiber is also expected to reach 7.77 USD Billion.

What applications are driving growth in the United States Carbon Fiber Market?

Applications driving growth in the United States Carbon Fiber Market include Aerospace & Defense, Automotive, and Wind Energy.

What is the projected valuation for the Composites segment by 2035?

The projected valuation for the Composites segment of the United States Carbon Fiber Market by 2035 is 10.5 USD Billion.

What are the expected valuations for the High Modulus and Intermediate Modulus segments by 2035?

By 2035, the expected valuations for the High Modulus and Intermediate Modulus segments are 5.24 USD Billion and 4.5 USD Billion, respectively.

How much is the Wind Energy application expected to be valued in 2035?

The Wind Energy application is expected to reach a valuation of 300.0 million USD by 2035.

Who are some key players in the US Carbon Fiber Market?

Major players include Mitsubishi Chemical Corporation, Hexcel Corporation, and Cytec Solvay Group, among others.

What will be the market value for the Sporting Goods application in 2035?

The Sporting Goods application is projected to be valued at 75.0 million USD in 2035.

What is the expected market size for the Construction application in 2024?

In 2024, the Construction application is expected to be valued at 110.0 million USD.

What challenges might the US Carbon Fiber Market face over the coming years?

Challenges may include rising raw material costs and fluctuating demand across various sectors.

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