Carbon Fiber Tape Market Size

Carbon Fiber Tape Market size was over USD 17.21 billion in 2024 and is poised to exceed USD 40.97 billion by 2037, witnessing over 6.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of carbon fiber tape is evaluated at USD 18.16 billion. Carbon fiber tapes are thin, flexible materials made from carbon fibers, which are known for their high strength-to-weight ratio and excellent mechanical properties. They find applications in a wide range of sectors due to their unique characteristics. Carbon fiber tapes are lightweight yet possess high tensile strength, making them ideal for use in aerospace, automotive, and sporting goods industries.

The aerospace and defense sectors have been significant consumers of carbon fiber tapes for aircraft and military equipment manufacturing, as they help reduce weight and enhance structural performance. With an increasing focus on sustainability, carbon fiber tapes are gaining popularity as they offer a more eco-friendly alternative to traditional materials.