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Carbon Fiber Companies (2024 - 2029)

Various companies globally are making significant strides in technology, materials, and chemicals. These firms, which range from those specializing in advanced materials to those involved in chemical corporations, are contributing significantly to their respective industries. They are known for their innovation and contributions to technology, including carbon fibers and plastics. The diverse nature of these companies, from holdings to industries, illustrates the broad scope and impact of their work in the global market.

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Top Companies in Carbon Fiber Market

This report lists the top Carbon Fiber companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Carbon Fiber industry.

  1. TORAY INDUSTRIES INC.

  2. SGL Carbon

  3. Mitsubishi Chemical Corporation

  4. Hexcel Corporation

  5. Teijin Limited

*Disclaimer: Top companies sorted in no particular order

Carbon Fiber Market Major Players

Carbon Fiber Market Concentration

Carbon Fiber Market Concentration

Carbon Fiber Company List

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Recent Advancements in Aerospace and Defense Sector

      2. 4.1.2 Increasing Applications in Wind Energy Sector

    2. 4.2 Restraints

      1. 4.2.1 Supply Chain Security for Recycled Carbon Fiber

      2. 4.2.2 Availability of Substitutes

      3. 4.2.3 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

    5. 4.5 Price Analysis

    6. 4.6 Technology Landscape - Quick Snapshot

    7. 4.7 Production Analysis

  5. 5. MARKET SEGMENTATION (Market Size in Volume and Value)

    1. 5.1 Raw Material

      1. 5.1.1 Polyacrylonitrile (PAN)

      2. 5.1.2 Petroleum Pitch and Rayon

    2. 5.2 Type

      1. 5.2.1 Virgin Fiber (VCF)

      2. 5.2.2 Recycled Carbon Fiber (RCF)

    3. 5.3 Application

      1. 5.3.1 Composite Materials

      2. 5.3.2 Textiles

      3. 5.3.3 Microelectrodes

      4. 5.3.4 Catalysis

    4. 5.4 End-user Industry

      1. 5.4.1 Aerospace and Defense

      2. 5.4.2 Alternative Energy

      3. 5.4.3 Automotive

      4. 5.4.4 Construction and Infrastructure

      5. 5.4.5 Sporting Goods

      6. 5.4.6 Other End-user Industries

    5. 5.5 Geography

      1. 5.5.1 Asia-Pacific

        1. 5.5.1.1 China

        2. 5.5.1.2 India

        3. 5.5.1.3 Japan

        4. 5.5.1.4 South Korea

        5. 5.5.1.5 Rest of Asia-Pacific

      2. 5.5.2 North America

        1. 5.5.2.1 United States

        2. 5.5.2.2 Canada

        3. 5.5.2.3 Mexico

      3. 5.5.3 Europe

        1. 5.5.3.1 Germany

        2. 5.5.3.2 United Kingdom

        3. 5.5.3.3 Italy

        4. 5.5.3.4 France

        5. 5.5.3.5 Rest of Europe

      4. 5.5.4 South America

        1. 5.5.4.1 Brazil

        2. 5.5.4.2 Argentina

        3. 5.5.4.3 Rest of South America

      5. 5.5.5 Middle East and Africa

        1. 5.5.5.1 Saudi Arabia

        2. 5.5.5.2 South Africa

        3. 5.5.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%) Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 A&P Technology Inc.

      2. 6.4.2 Anshan Sinocarb Carbon Fibers Co. Ltd

      3. 6.4.3 DowAksa USA LLC

      4. 6.4.4 Formosa Plastics Corporation

      5. 6.4.5 Hexcel Corporation

      6. 6.4.6 Holding company Composite

      7. 6.4.7 Hyosung Advanced Materials

      8. 6.4.8 Jiangsu Hengshen Co. Ltd

      9. 6.4.9 Mitsubishi Chemical Corporation

      10. 6.4.10 Nippon Graphite Fiber Co. Ltd

      11. 6.4.11 SGL Carbon

      12. 6.4.12 Solvay

      13. 6.4.13 Teijin Limited

      14. 6.4.14 Toray Industries Inc.

      15. 6.4.15 Zhongfu Shenying Carbon Fiber Co. Ltd

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Increasing Popularity of Recycled Carbon Fiber

    2. 7.2 Emphasis on Usage of Lignin as Raw Material for Carbon Fiber


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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

Carbon Fiber Market Companies Summary

The global carbon fiber market is highly consolidated with fierce competition among the leading players to increase their market share. These prominent firms are continuously striving to innovate and expand their product offerings to maintain their position in the market. The industry has witnessed several advancements, particularly in the aerospace and defense sector, and the wind energy sector, which have been significant growth drivers. However, challenges such as supply chain security for recycled carbon fiber and the availability of substitutes have been acting as restraints. In the post-pandemic scenario, the industry has shown signs of recovery, with growth expected to accelerate in the coming years. The increasing popularity of recycled carbon fiber and the emphasis on using lignin as raw material for carbon fiber present potential opportunities for these businesses. The aerospace and defense industry, in particular, has been a dominant force in the market, with carbon fibers being a preferred choice due to their strength, endurance, and stability. The region of Asia-Pacific, with its booming end-user industries, is expected to dominate the global market in terms of volume.

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Carbon Fiber Companies - Table of Contents

  1. 1. COMPETITIVE LANDSCAPE

    1. 1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 1.2 Market Share (%) Analysis

    3. 1.3 Strategies Adopted by Leading Players

    4. 1.4 Company Profiles

      1. 1.4.1 A&P Technology Inc.

      2. 1.4.2 Anshan Sinocarb Carbon Fibers Co. Ltd

      3. 1.4.3 DowAksa USA LLC

      4. 1.4.4 Formosa Plastics Corporation

      5. 1.4.5 Hexcel Corporation

      6. 1.4.6 Holding company Composite

      7. 1.4.7 Hyosung Advanced Materials

      8. 1.4.8 Jiangsu Hengshen Co. Ltd

      9. 1.4.9 Mitsubishi Chemical Corporation

      10. 1.4.10 Nippon Graphite Fiber Co. Ltd

      11. 1.4.11 SGL Carbon

      12. 1.4.12 Solvay

      13. 1.4.13 Teijin Limited

      14. 1.4.14 Toray Industries Inc.

      15. 1.4.15 Zhongfu Shenying Carbon Fiber Co. Ltd

    5. *List Not Exhaustive

Carbon Fiber Companies FAQs

TORAY INDUSTRIES INC., SGL Carbon, Mitsubishi Chemical Corporation, Hexcel Corporation and Teijin Limited are the major companies operating in the Carbon Fiber Market.

Carbon Fiber Market Report Snapshots

Carbon Fiber Market Trends - Industry Analysis, Size & Forecast Report (2024 - 2029)