Market Share of Canada Automotive Carbon Fiber Composites Industry
The Canadian automotive carbon fiber composites market is consolidated and led by globally and regionally established players. The companies adopt new product launches, collaborations, and mergers to sustain their market positions. For instance
In September 2023, The Mitsubishi Chemical Group (MCG Group) announced it attained full ownership of CPC SRL (CPC), specializing in the manufacturing and distribution of automobile components crafted from fiber-reinforced plastic (CFRP).
Some of the major players in the market include Hexcel Corporation, Mitsubishi Chemical Carbon Fiber and Composites Inc., SGL Carbon SE, Teijin Limited, and Toray Industries Inc.
Canada Automotive Carbon Fiber Composites Market Leaders
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Hexcel Corporation
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Mitsubishi Chemical Carbon Fiber and Composites Inc
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SGL Carbon SE
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Tejin Limited
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Toray Industries Inc
*Disclaimer: Major Players sorted in no particular order