Automotive Carbon Fiber Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Automotive Carbon Fiber Market Report is Segmented by Application (Structural Assembly, Powertrain Components, Interiors, and Exteriors), Vehicle Type (Passenger Car and Commercial Vehicle), Propulsion (Internal Combustion Engines, Battery Electric Vehicles, Hybrid Electric Vehicles, Plug-In Hybrid Electric Vehicles, and Fuel Cell Electric Vehicles), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Covers the Market Size and Forecasts for all the Above Segments in Terms of Value (USD).

Automotive Carbon Fiber Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automotive Carbon Fiber Industry Overview

The automotive carbon fiber market is moderately consolidated and is dominated by several key players, such as Hexcel Corporation, Mitsubishi Chemical Group, SGL Carbon SE, Teijin Limited, and Toray Industries Inc. The demand is on the positive side, attributed to strong expansion and growth strategies adopted by leading carbon fiber manufacturers. For instance,

  • November 2023: Carbon Revolution, one of the leading carbon fiber companies in Australia, expanded its manufacturing facility in Mexico. Through this expansion, the company expanded its carbon-fiber wheel services across the country.

Automotive Carbon Fiber Market Leaders

  1. Toray Industries Inc.

  2. Hexcel Corporation

  3. SGL Carbon SE

  4. Teijin Limited

  5. Mitsubishi Chemical Corporation.

  6. *Disclaimer: Major Players sorted in no particular order
Automotive Carbon Fiber Market Concentration

Carbon Fiber in Automotive Market Report Snapshots

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