Market Share of Automotive Carbon Fiber Composites Industry
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
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Toray Industries Inc.
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Hexcel Corporation
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SGL Carbon SE
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Teijin Limited
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Mitsubishi Chemical Corporation.
*Disclaimer: Major Players sorted in no particular order
