Carbon Fiber Reinforced Plastic Market - Top Companies and Manufacturers

Companies Dominating the Carbon Fiber Reinforced Plastic Landscape

SGL Carbon SE
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Toray Industries, Inc.
Röchling SE & Co. KG
Nikkiso Co., Ltd.
Formosa Plastics Corporation, U.S.A.
Teijin Limited
Hexcel Corporation
PHC Holdings Corporation
Solvay SA
Nippon Graphite Fiber Co., Ltd.

Browse Key Market Insights with Data Illustration:

Carbon Fiber Reinforced Plastic Market Size Forecasts 2037

In the News

Solvay SA and SGL Carbon SE has entered into a partnership to develop composite materials based on large-tow intermediate modulus (IM) carbon fiber. These materials are expected to reduce costs and CO2 emissions, and improve the production process and fuel efficiency of next-generation commercial aircraft.
Teijin Limited and Mitsui Chemicals, Inc. has joined hands to develop and market biomass-derived bisphenol A (BPA) and polycarbonate (PC) resins, that will support efforts to achieve carbon neutrality by reducing greenhouse gas (GHG) emissions. Furthermore, Tenjin Limited is also planning to start the production and development of biomass PC resin utilizing the similar BPA.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of carbon fiber reinforced plastic is assessed at USD 24.69 billion.

The carbon fiber reinforced plastic market size was over USD 23.26 billion in 2024 and is set to reach USD 60.79 billion by the end of 2037, witnessing around 7.6% CAGR during the forecast period i.e., between 2025-2037. Higher utilization of carbon fiber reinforced plastic in construction sector will boost the market growth.

Asia Pacific industry is anticipated to account for majority revenue share by 2037, due to increasing demand for vehicles and expansion of rapid growth in automotive industry in the region.

The major players in the market include SGL Carbon SE, Toray Industries, Inc., RÃ¶chling SE & Co. KG, Nikkiso Co., Ltd., Formosa Plastics Corporation, U.S.A., Teijin Limited, Hexcel Corporation, PHC Holdings Corporation, Solvay SA, Nippon Graphite Fiber Co., Ltd.

Carbon Fiber Reinforced Plastic Market - Top Companies and Manufacturers

Companies Dominating the Carbon Fiber Reinforced Plastic Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the carbon fiber reinforced plastic market worth?

Why is the demand for carbon fiber reinforced plastic growing?

Which region dominated the majority of carbon fiber reinforced plastic industry share?

Who are the top carbon fiber reinforced plastic companies?