1	INTRODUCTION	37 
1.1	STUDY OBJECTIVES	37 
1.2	MARKET DEFINITION	37 
1.3	INCLUSIONS AND EXCLUSIONS	38 
1.4	MARKET SCOPE	39 
1.4.1	CARBON FIBER MARKET SEGMENTATION	39 
1.4.2	CARBON FIBER MARKET: REGIONAL SCOPE	39 
1.4.3	YEARS CONSIDERED	40 
1.5	CURRENCY CONSIDERED	40 
1.6	UNIT CONSIDERED	40 
1.7	LIMITATIONS	40 
1.8	STAKEHOLDERS	41 
1.9	SUMMARY OF CHANGES	41 
1.10	IMPACT OF RECESSION	41 
2	RESEARCH METHODOLOGY	42 
2.1	RESEARCH DATA	42 
FIGURE 1	CARBON FIBER MARKET: RESEARCH DESIGN	43 
2.2	BASE NUMBER CALCULATION	44 
2.2.1	APPROACH 1: SUPPLY-SIDE ANALYSIS	44 
2.2.2	APPROACH 2: DEMAND-SIDE APPROACH	44 
2.3	APPROACH TO IMPACT OF RECESSION	45 
2.4	FORECAST NUMBER CALCULATION	45 
2.4.1	SUPPLY SIDE	45 
2.4.2	DEMAND SIDE	45 
2.5	SECONDARY DATA	46 
2.5.1	KEY DATA FROM SECONDARY SOURCES	46 
2.5.2	PRIMARY DATA	47 
2.5.2.1	Key data from primary sources	47 
2.5.2.2	Primary interviews with top carbon fiber manufacturers	47 
2.5.2.3	Breakdown of primary interviews	48 
2.5.2.4	Key industry insights	48 
2.6	MARKET SIZE ESTIMATION	49 
2.6.1	BOTTOM-UP APPROACH	49 
FIGURE 2	MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	49 
2.6.2	TOP-DOWN APPROACH	49 
FIGURE 3	MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	49 
  
2.7	DATA TRIANGULATION	50 
FIGURE 4	CARBON FIBER MARKET: DATA TRIANGULATION	50 
2.8	FACTOR ANALYSIS	51 
2.9	RESEARCH ASSUMPTIONS	51 
2.10	MARKET GROWTH RATE ASSUMPTION/GROWTH FORECAST	52 
2.11	LIMITATIONS IN MARKET SIZE ESTIMATION	52 
2.12	RISKS ASSOCIATED WITH CARBON FIBER MARKET	52 
3	EXECUTIVE SUMMARY	53 
FIGURE 5	PAN-BASED SEGMENT LED CARBON FIBER MARKET IN 2022	53 
FIGURE 6	COMPOSITES APPLICATION DOMINATED CARBON FIBER MARKET IN 2022	54 
FIGURE 7	AEROSPACE & DEFENSE END-USE INDUSTRY LED CARBON FIBER  MARKET IN 2022	55 
FIGURE 8	MARKET IN CHINA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	55 
FIGURE 9	EUROPE ACCOUNTED FOR LARGEST MARKET SHARE IN 2022	56 
4	PREMIUM INSIGHTS	58 
4.1	ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CARBON FIBER MARKET	58 
FIGURE 10	INCREASE IN DEMAND FOR MANUFACTURING PRESSURE VESSELS TO DRIVE CARBON FIBER MARKET	58 
4.2	CARBON FIBER MARKET, BY RAW MATERIAL	58 
FIGURE 11	PAN-BASED SEGMENT DOMINATED CARBON FIBER MARKET IN 2022	58 
4.3	CARBON FIBER MARKET, BY APPLICATION	59 
FIGURE 12	COMPOSITES APPLICATION DOMINATED CARBON FIBER MARKET IN 2022	59 
4.4	CARBON FIBER MARKET, BY END-USE INDUSTRY	59 
FIGURE 13	WIND ENERGY SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2022	59 
4.5	CARBON FIBER MARKET GROWTH, BY KEY COUNTRY	60 
FIGURE 14	MARKET IN CHINA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	60 
5	MARKET OVERVIEW	61 
5.1	INTRODUCTION	61 
5.2	MARKET DYNAMICS	61 
5.2.1	DRIVERS	62 
5.2.1.1	Growth in demand for manufacture of satellite parts	62 
5.2.1.2	High demand from aerospace & defense industry	62 
5.2.1.3	Stringent eco-friendly regulations to drive adoption of  carbon fiber and related composites in automotive applications	62 
5.2.1.4	Increased use in wind energy industry	63 
TABLE 1	NEW WIND POWER INSTALLATIONS (ONSHORE), BY REGION, 2022 VS. 2027	64 
5.2.1.5	Rise in demand for regular tow carbon in pressure vessels	64 
5.2.2	RESTRAINTS	64 
5.2.2.1	High cost of carbon fiber	64 
5.2.2.2	Lack of standardization in manufacturing technologies	65 
5.2.3	OPPORTUNITIES	65 
5.2.3.1	Increased investments for development of low-cost coal-based carbon fibers	65 
5.2.3.2	Potential opportunities in new applications	65 
5.2.3.3	Increasing demand for fuel cell electric vehicles (FCEVs)	65 
TABLE 2	NUMBER OF FCEVS, BY MAJOR COUNTRY/REGION, 2021	66 
5.2.3.4	Increase in use of carbon fiber in 3D printing	66 
5.2.4	CHALLENGES	66 
5.2.4.1	Production of low-cost carbon fiber	66 
5.2.4.2	Capital-intensive production and complex manufacturing process	67 
5.3	PORTER’S FIVE FORCES ANALYSIS	67 
5.3.1	BARGAINING POWER OF BUYERS	68 
5.3.2	BARGAINING POWER OF SUPPLIERS	68 
5.3.3	THREAT OF NEW ENTRANTS	68 
5.3.4	THREAT OF SUBSTITUTES	68 
5.3.5	INTENSITY OF COMPETITIVE RIVALRY	69 
TABLE 3	CARBON FIBER MARKET: PORTER’S FIVE FORCES ANALYSIS	69 
5.4	SUPPLY CHAIN ANALYSIS	70 
FIGURE 17	CARBON FIBER MARKET: SUPPLY CHAIN ANALYSIS	70 
5.5	VALUE CHAIN ANALYSIS	71 
FIGURE 18	CARBON FIBER MARKET: VALUE CHAIN ANALYSIS	71 
5.6	ECOSYSTEM MAP	71 
TABLE 4	CARBON FIBER MARKET: COMPANIES AND THEIR ROLES IN ECOSYSTEM	72 
FIGURE 19	KEY PLAYERS IN CARBON FIBER MARKET ECOSYSTEM	72 
5.7	ECOSYSTEM: CARBON FIBER MARKET	73 
5.8	PRICING ANALYSIS	73 
5.8.1	AVERAGE SELLING PRICE, BY END-USE INDUSTRY (KEY PLAYERS)	74 
5.8.2	AVERAGE SELLING PRICE, BY RAW MATERIAL	74 
5.8.3	AVERAGE SELLING PRICE, BY FIBER TYPE	75 
5.8.4	AVERAGE SELLING PRICE, BY MODULUS	75 
5.8.5	AVERAGE SELLING PRICE, BY PRODUCT TYPE	76 
5.8.6	AVERAGE SELLING PRICE, BY APPLICATION	76 
5.8.7	AVERAGE SELLING PRICE, BY END-USE INDUSTRY	77 
5.9	AVERAGE SELLING PRICE TRENDS	77 
TABLE 5	CARBON FIBER AVERAGE SELLING PRICE, BY REGION	77 
5.10	KEY STAKEHOLDERS AND BUYING CRITERIA	78 
5.10.1	KEY STAKEHOLDERS IN BUYING PROCESS	78 
TABLE 6	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES	78 
5.10.2	BUYING CRITERIA	78 
TABLE 7	KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES	79 
  
5.11	TECHNOLOGY ANALYSIS	79 
5.12	CASE STUDY ANALYSIS	81 
5.13	TRENDS IMPACTING CUSTOMERS’ BUSINESSES	82 
5.14	TRADE ANALYSIS	83 
5.14.1	EXPORT SCENARIO OF CARBON FIBER	83 
5.14.2	IMPORT SCENARIO OF CARBON FIBER	84 
5.15	TARIFFS AND REGULATIONS	85 
5.15.1	REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	85 
TABLE 8	NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	85 
5.15.2	STANDARDS IN CARBON FIBER MARKET	86 
TABLE 9	CURRENT STANDARD CODES FOR AUTOMOTIVE COMPOSITES	86 
TABLE 10	CURRENT STANDARD CODES FOR CONSTRUCTION COMPOSITES	87 
5.16	KEY CONFERENCES & EVENTS IN 2023–2024	88 
TABLE 11	CARBON FIBER MARKET: DETAILED LIST OF CONFERENCES & EVENTS RELATED TO CARBON FIBER AND RELATED MARKETS	88 
5.17	PATENT ANALYSIS	90 
5.17.1	INTRODUCTION	90 
5.17.2	METHODOLOGY	90 
5.17.3	DOCUMENT TYPE	90 
5.17.4	LEGAL STATUS OF PATENTS	91 
5.17.5	JURISDICTION ANALYSIS	92 
5.17.6	TOP COMPANIES/APPLICANTS	92 
TABLE 12	LIST OF PATENTS BY TORAY INDUSTRIES, INC.	93 
TABLE 13	LIST OF PATENTS BY TEIJIN LIMITED	94 
TABLE 14	LIST OF PATENTS BY MITSUBISHI RAYON CO. LTD.	94 
5.17.7	TOP 10 PATENT OWNERS (US) IN LAST 13 YEARS	95 
6	CARBON FIBER MARKET, BY RAW MATERIAL	96 
6.1	INTRODUCTION	97 
FIGURE 36	PAN-BASED CARBON FIBER MARKET TO REGISTER HIGHER GROWTH RATE	97 
TABLE 15	CARBON FIBER MARKET, BY RAW MATERIAL, 2018–2022 (USD MILLION)	97 
TABLE 16	CARBON FIBER MARKET, BY RAW MATERIAL, 2018–2022 (KILOTON)	98 
TABLE 17	CARBON FIBER MARKET, BY RAW MATERIAL, 2023–2033 (USD MILLION)	98 
TABLE 18	CARBON FIBER MARKET, BY RAW MATERIAL, 2023–2033 (KILOTON)	98 
6.2	PAN-BASED CARBON FIBER	99 
6.2.1	EXTENSIVE DEMAND FOR STRUCTURAL MATERIAL COMPOSITES TO DRIVE MARKET	99 
TABLE 19	PAN-BASED CARBON FIBER MARKET, BY REGION, 2018–2022 (USD MILLION)	99 
TABLE 20	PAN-BASED CARBON FIBER MARKET, BY REGION, 2018–2022 (KILOTON)	99 
TABLE 21	PAN-BASED CARBON FIBER MARKET, BY REGION, 2023–2033 (USD MILLION)	100 
TABLE 22	PAN-BASED CARBON FIBER MARKET, BY REGION, 2023–2033 (KILOTON)	100 
6.3	PITCH-BASED CARBON FIBER	101 
6.3.1	WIDE USAGE IN SATELLITES, INDUSTRIAL, CIVIL ENGINEERING, AND SPORTS GOODS SEGMENTS TO DRIVE MARKET	101 
6.3.2	PETROLEUM-BASED PITCH CARBON FIBER	101 
6.3.3	COAL-BASED PITCH CARBON FIBER	101 
TABLE 23	PITCH-BASED CARBON FIBER MARKET, BY REGION, 2018–2022 (USD MILLION)	101 
TABLE 24	PITCH-BASED CARBON FIBER MARKET, BY REGION, 2018–2022 (KILOTON)	102 
TABLE 25	PITCH-BASED CARBON FIBER MARKET, BY REGION, 2023–2033 (USD MILLION)	102 
TABLE 26	PITCH-BASED CARBON FIBER MARKET, BY REGION, 2023–2033 (KILOTON)	102 
7	CARBON FIBER MARKET, BY FIBER TYPE	104 
7.1	INTRODUCTION	105 
7.2	VIRGIN CARBON FIBER	105 
7.2.1	HIGH LONG-TERM PERFORMANCE IN TERMS OF FATIGUE AND ENVIRONMENTAL EFFECTS TO DRIVE MARKET	105 
7.3	RECYCLED CARBON FIBER	105 
7.3.1	LOWER COST TO DRIVE MARKET	105 
FIGURE 37	VIRGIN SEGMENT TO DOMINATE CARBON FIBER MARKET DURING  FORECAST PERIOD	106 
TABLE 27	CARBON FIBER MARKET, BY FIBER TYPE, 2018–2022 (USD MILLION)	106 
TABLE 28	CARBON FIBER MARKET, BY FIBER TYPE, 2018–2022 (KILOTON)	106 
TABLE 29	CARBON FIBER MARKET SIZE, BY FIBER TYPE, 2023–2033 (USD MILLION)	107 
TABLE 30	CARBON FIBER MARKET, BY FIBER TYPE, 2023–2033 (KILOTON)	107 
8	CARBON FIBER MARKET, BY MODULUS	108 
8.1	INTRODUCTION	109 
8.2	STANDARD MODULUS	109 
8.2.1	USAGE ACROSS INDUSTRIES TO DRIVE MARKET	109 
8.3	INTERMEDIATE MODULUS	109 
8.3.1	DEMAND IN PRESSURE VESSELS, WIND TURBINE BLADES, AND AEROSPACE TO DRIVE MARKET	109 
8.4	HIGH MODULUS	109 
8.4.1	DEMAND FOR AEROSPACE APPLICATIONS TO DRIVE MARKET	109 
FIGURE 38	STANDARD MODULUS SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD	110 
TABLE 31	CARBON FIBER MARKET, BY MODULUS, 2018–2022 (USD MILLION)	110 
TABLE 32	CARBON FIBER MARKET, BY MODULUS, 2018–2022 (KILOTON)	110 
TABLE 33	CARBON FIBER MARKET, BY MODULUS, 2023–2033 (USD MILLION)	111 
TABLE 34	CARBON FIBER MARKET, BY MODULUS, 2023–2033 (KILOTON)	111 
  
9	CARBON FIBER MARKET, BY PRODUCT TYPE	112 
9.1	INTRODUCTION	113 
FIGURE 39	CONTINUOUS CARBON FIBER SEGMENT TO DOMINATE MARKET	113 
TABLE 35	CARBON FIBER MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION)	113 
TABLE 36	CARBON FIBER MARKET, BY PRODUCT TYPE, 2018–2022 (KILOTON)	113 
TABLE 37	CARBON FIBER MARKET, BY PRODUCT TYPE, 2023–2033 (USD MILLION)	114 
TABLE 38	CARBON FIBER MARKET, BY PRODUCT TYPE, 2023–2033 (KILOTON)	114 
9.2	CONTINUOUS CARBON FIBER	115 
9.2.1	DEMAND FOR HIGHER TENSILE STRENGTH TO DRIVE MARKET	115 
TABLE 39	CONTINUOUS CARBON FIBER MARKET, BY REGION, 2018–2022 (USD MILLION)	115 
TABLE 40	CONTINUOUS CARBON FIBER MARKET, BY REGION, 2018–2022 (KILOTON)	115 
TABLE 41	CONTINUOUS CARBON FIBER MARKET, BY REGION, 2023–2033 (USD MILLION)	116 
TABLE 42	CONTINUOUS CARBON FIBER MARKET, BY REGION, 2023–2033 (KILOTON)	116 
9.3	LONG CARBON FIBER	117 
9.3.1	DEMAND FOR SPORTS GOODS TO DRIVE MARKET	117 
TABLE 43	LONG CARBON FIBER MARKET, BY REGION, 2018–2022 (USD MILLION)	117 
TABLE 44	LONG CARBON FIBER MARKET, BY REGION, 2018–2022 (KILOTON)	117 
TABLE 45	LONG CARBON FIBER MARKET, BY REGION, 2023–2033 (USD MILLION)	117 
TABLE 46	LONG CARBON FIBER MARKET, BY REGION, 2023–2033 (KILOTON)	118 
9.4	SHORT CARBON FIBER	118 
9.4.1	DEMAND FOR INJECTION MOLDING TO DRIVE MARKET	118 
TABLE 47	SHORT CARBON FIBER MARKET, BY REGION, 2018–2022 (USD MILLION)	118 
TABLE 48	SHORT CARBON FIBER MARKET, BY REGION, 2018–2022 (KILOTON)	119 
TABLE 49	SHORT CARBON FIBER MARKET, BY REGION, 2023–2033 (USD MILLION)	119 
TABLE 50	SHORT CARBON FIBER MARKET, BY REGION, 2023–2033 (KILOTON)	119 
10	CARBON FIBER MARKET, BY APPLICATION	121 
10.1	INTRODUCTION	122 
FIGURE 40	COMPOSITES TO BE LARGER APPLICATION OF CARBON FIBER	122 
TABLE 51	CARBON FIBER MARKET, BY APPLICATION, 2018–2022 (USD MILLION)	122 
TABLE 52	CARBON FIBER MARKET, BY APPLICATION, 2018–2022 (KILOTON)	122 
TABLE 53	CARBON FIBER MARKET, BY APPLICATION, 2023–2033 (USD MILLION)	123 
TABLE 54	CARBON FIBER MARKET, BY APPLICATION, 2023–2033 (KILOTON)	123 
10.2	COMPOSITES	123 
10.2.1	RIGIDITY AND SUPERIOR TENSILE STRENGTH TO DRIVE MARKET	123 
10.2.2	PREPREGS	124 
10.2.3	MOLDING COMPOUNDS	124 
10.2.4	WOVEN FABRICS	124 
TABLE 55	COMPOSITES: CARBON FIBER MARKET, BY REGION, 2018–2022 (USD MILLION)	124 
TABLE 56	COMPOSITES: CARBON FIBER MARKET, BY REGION, 2018–2022 (KILOTON)	125 
TABLE 57	COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2033 (USD MILLION)	125 
TABLE 58	COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2033 (KILOTON)	125 
10.3	NON-COMPOSITES	126 
10.3.1	DEMAND FOR ELECTRIC VEHICLES AND 3D PRINTING TO DRIVE MARKET	126 
TABLE 59	NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2018–2022 (USD MILLION)	126 
TABLE 60	NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2018–2022 (KILOTON)	126 
TABLE 61	NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2033 (USD MILLION)	127 
TABLE 62	NON-COMPOSITES: CARBON FIBER MARKET, BY REGION, 2023–2033 (KILOTON)	127 
11	CARBON FIBER MARKET, BY END-USE INDUSTRY	128 
11.1	INTRODUCTION	129 
FIGURE 41	CARBON FIBER MARKET TO WITNESS HIGHEST GROWTH IN PRESSURE VESSELS INDUSTRY BETWEEN 2023 AND 2028	129 
TABLE 63	CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	130 
TABLE 64	CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	130 
TABLE 65	CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	131 
TABLE 66	CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	131 
11.2	AEROSPACE & DEFENSE	132 
11.2.1	MAJOR CONSUMER OF CARBON FIBER COMPOSITE MATERIALS	132 
TABLE 67	NUMBER OF NEW COMMERCIAL AIRPLANE DELIVERIES, BY REGION, 2019–2038	132 
FIGURE 42	EUROPE TO DRIVE CARBON FIBER MARKET IN AEROSPACE &  DEFENSE INDUSTRY	133 
TABLE 68	CARBON FIBER MARKET IN AEROSPACE & DEFENSE, BY REGION,  2018–2022 (USD MILLION)	133 
TABLE 69	CARBON FIBER MARKET IN AEROSPACE & DEFENSE, BY REGION, 2018–2022 (KILOTON)	133 
TABLE 70	CARBON FIBER MARKET IN AEROSPACE & DEFENSE, BY REGION,  2023–2033 (USD MILLION)	134 
TABLE 71	CARBON FIBER MARKET IN AEROSPACE & DEFENSE, BY REGION, 2023–2033 (KILOTON)	134 
11.2.2	ROCKETS, SPACE VEHICLES, HABITATION EQUIPMENT	134 
11.2.3	UMA (URBAN AIR MOBILITY) AND SMALL AIRCRAFT EQUIPMENT	135 
11.3	WIND ENERGY	135 
11.3.1	STEADY INCREASE IN GLOBAL WIND ENERGY INSTALLATION	135 
TABLE 72	CARBON FIBER MARKET IN WIND ENERGY, BY REGION, 2018–2022 (USD MILLION)	136 
TABLE 73	CARBON FIBER MARKET IN WIND ENERGY, BY REGION, 2018–2022 (KILOTON)	136 
TABLE 74	CARBON FIBER MARKET IN WIND ENERGY, BY REGION, 2023–2033 (USD MILLION)	136 
TABLE 75	CARBON FIBER MARKET IN WIND ENERGY, BY REGION, 2023–2033 (KILOTON)	137 
11.4	AUTOMOTIVE	137 
11.4.1	RECENT ACQUISITIONS AND ADOPTION OF CARBON FIBERS BY AUTOMOTIVE GIANTS TO DRIVE MARKET	137 
TABLE 76	COST BENEFITS OF CARBON FIBER COMPOSITE COMPONENTS VS. STEEL COMPONENTS	138 
11.4.2	INTERIOR COMPONENTS	138 
11.4.3	EXTERIOR COMPONENTS	138 
TABLE 77	CARBON FIBER MARKET IN AUTOMOTIVE, BY REGION, 2018–2022 (USD MILLION)	139 
TABLE 78	CARBON FIBER MARKET IN AUTOMOTIVE, BY REGION, 2018–2022 (KILOTON)	139 
TABLE 79	CARBON FIBER MARKET IN AUTOMOTIVE, BY REGION, 2023–2033 (USD MILLION)	139 
TABLE 80	CARBON FIBER MARKET IN AUTOMOTIVE, BY REGION, 2023–2033 (KILOTON)	140 
11.4.4	SMALL MOBILITY APPLICATION	140 
11.5	PIPES	140 
11.5.1	UNIQUE BLEND OF PROPERTIES TO DRIVE MARKET	140 
TABLE 81	CARBON FIBER MARKET IN PIPES, BY REGION, 2018–2022 (USD MILLION)	141 
TABLE 82	CARBON FIBER MARKET IN PIPES, BY REGION, 2018–2022 (KILOTON)	141 
TABLE 83	CARBON FIBER MARKET IN PIPES, BY REGION, 2023–2033 (USD MILLION)	141 
TABLE 84	CARBON FIBER MARKET IN PIPES, BY REGION, 2023–2033 (KILOTON)	142 
11.6	SPORTING GOODS	142 
11.6.1	INTEREST IN HIGHER PERFORMANCE AND SUSTAINABILITY TO DRIVE NEW CFRP MATERIALS IN SPORTING GOODS	142 
TABLE 85	CARBON FIBER MARKET IN SPORTING GOODS, BY REGION, 2018–2022 (USD MILLION)	143 
TABLE 86	CARBON FIBER MARKET IN SPORTING GOODS, BY REGION, 2018–2022 (KILOTON)	143 
TABLE 87	CARBON FIBER MARKET IN SPORTING GOODS, BY REGION, 2023–2033 (USD MILLION)	143 
TABLE 88	CARBON FIBER MARKET IN SPORTING GOODS, BY REGION, 2023–2033 (KILOTON)	144 
11.7	MEDICAL & HEALTHCARE	144 
11.7.1	SUSTENANCE UNDER EXTREME ENVIRONMENTAL CONDITIONS TO DRIVE MARKET	144 
TABLE 89	CARBON FIBER MARKET IN MEDICAL & HEALTHCARE, BY REGION,  2018–2022 (USD MILLION)	145 
TABLE 90	CARBON FIBER MARKET IN MEDICAL & HEALTHCARE, BY REGION,  2018–2022 (KILOTON)	145 
TABLE 91	CARBON FIBER MARKET IN MEDICAL & HEALTHCARE, BY REGION,  2023–2033 (USD MILLION)	145 
TABLE 92	CARBON FIBER MARKET IN MEDICAL & HEALTHCARE, BY REGION,  2023–2033 (KILOTON)	146 
11.7.2	DIAGNOSTICS IMAGING	146 
11.7.3	BODY IMPLANT, SURGICAL INSTRUMENTS, AND OTHERS	146 
11.8	CONSTRUCTION & INFRASTRUCTURE	147 
11.8.1	GROWTH IN CONSTRUCTION & INFRASTRUCTURE SEGMENT TO BOOST DEMAND	147 
TABLE 93	CARBON FIBER MARKET IN CIVIL ENGINEERING, BY REGION, 2018–2022 (USD MILLION)	147 
TABLE 94	CARBON FIBER MARKET IN CIVIL ENGINEERING, BY REGION, 2018–2022 (KILOTON)	147 
TABLE 95	CARBON FIBER MARKET IN CIVIL ENGINEERING, BY REGION, 2023–2033 (USD MILLION)	148 
TABLE 96	CARBON FIBER MARKET IN CIVIL ENGINEERING, BY REGION, 2023–2033 (KILOTON)	148 
11.8.2	BUILDING INFRASTRUCTURE	148 
11.8.3	CIVIL INFRASTRUCTURE	149 
11.9	PRESSURE VESSELS	149 
11.9.1	INCREASE IN DEMAND FOR TYPE IV CYLINDERS TO DRIVE MARKET	149 
TABLE 97	CARBON FIBER MARKET IN PRESSURE VESSELS, BY REGION, 2018–2022 (USD MILLION)	149 
TABLE 98	CARBON FIBER MARKET IN PRESSURE VESSELS, BY REGION, 2018–2022 (KILOTON)	149 
TABLE 99	CARBON FIBER MARKET IN PRESSURE VESSELS, BY REGION,  2023–2033 (USD MILLION)	150 
TABLE 100	CARBON FIBER MARKET IN PRESSURE VESSELS, BY REGION, 2023–2033 (KILOTON)	150 
11.9.2	DEMAND FOR CONTINUOUS CARBON FIBER IN PRESSURE VESSELS (TOW PREPREG)	150 
11.10	OTHER END-USE INDUSTRIES	151 
11.10.1	MARINE	151 
11.10.2	ELECTRIC & ELECTRONICS	151 
TABLE 101	CARBON FIBER MARKET IN OTHER END-USE INDUSTRIES, BY REGION,  2018–2022 (USD MILLION)	151 
TABLE 102	CARBON FIBER MARKET IN OTHER END-USE INDUSTRIES, BY REGION,  2018–2022 (KILOTON)	152 
TABLE 103	CARBON FIBER MARKET IN OTHER END-USE INDUSTRIES, BY REGION,  2023–2033 (USD MILLION)	152 
TABLE 104	CARBON FIBER MARKET IN OTHER END-USE INDUSTRIES, BY REGION,  2023–2033 (KILOTON)	152 
12	CARBON FIBER MARKET, BY REGION	154 
12.1	INTRODUCTION	155 
FIGURE 43	CHINA TO BE FASTEST-GROWING CARBON FIBER MARKET DURING  FORECAST PERIOD	155 
TABLE 105	CARBON FIBER MARKET, BY REGION, 2018–2022 (USD MILLION)	156 
TABLE 106	CARBON FIBER MARKET, BY REGION, 2018–2022 (KILOTON)	156 
TABLE 107	CARBON FIBER MARKET, BY REGION, 2023–2033 (USD MILLION)	156 
TABLE 108	CARBON FIBER MARKET, BY REGION, 2023–2033 (KILOTON)	157 
12.2	EUROPE	157 
12.2.1	IMPACT OF RECESSION	157 
FIGURE 44	EUROPE: CARBON FIBER MARKET SNAPSHOT	158 
12.2.2	EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY	159 
TABLE 109	EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	159 
TABLE 110	EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	159 
TABLE 111	EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	160 
TABLE 112	EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	160 
12.2.3	EUROPE: CARBON FIBER MARKET, BY COUNTRY	161 
TABLE 113	EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)	161 
TABLE 114	EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2018–2022 (KILOTON)	161 
TABLE 115	EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2023–2033 (USD MILLION)	162 
TABLE 116	EUROPE: CARBON FIBER MARKET, BY COUNTRY, 2023–2033 (KILOTON)	162 
12.2.4	GERMANY	162 
12.2.4.1	Growth of automotive and aerospace industries to drive market	162 
TABLE 117	GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	163 
TABLE 118	GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)	163 
TABLE 119	GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	164 
TABLE 120	GERMANY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	164 
12.2.5	FRANCE	165 
12.2.5.1	Presence of major aircraft manufacturers to drive market	165 
TABLE 121	FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	165 
TABLE 122	FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	166 
TABLE 123	FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	166 
TABLE 124	FRANCE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	167 
12.2.6	UK	167 
12.2.6.1	Increasing demand for lightweight and high-performance materials to drive market	167 
TABLE 125	UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	168 
TABLE 126	UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	168 
TABLE 127	UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	169 
TABLE 128	UK: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	169 
12.2.7	ITALY	170 
12.2.7.1	Moderate market growth due to recovering economy	170 
TABLE 129	ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	170 
TABLE 130	ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	171 
TABLE 131	ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	171 
TABLE 132	ITALY: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	172 
12.2.8	SPAIN	172 
12.2.8.1	High demand for carbon fiber from wind energy sector to drive market	172 
TABLE 133	SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	173 
TABLE 134	SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	173 
TABLE 135	SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	174 
TABLE 136	SPAIN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	174 
12.2.9	REST OF EUROPE	175 
TABLE 137	REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	175 
TABLE 138	REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)	175 
TABLE 139	REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	176 
TABLE 140	REST OF EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (KILOTON)	176 
12.3	NORTH AMERICA	177 
12.3.1	IMPACT OF RECESSION	177 
FIGURE 45	NORTH AMERICA: CARBON FIBER MARKET SNAPSHOT	178 
12.3.2	NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY	179 
TABLE 141	NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	179 
TABLE 142	NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)	179 
TABLE 143	NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	180 
TABLE 144	NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (KILOTON)	180 
12.3.3	NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY	181 
TABLE 145	NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)	181 
TABLE 146	NORTH AMERICA: CARBON FIBER MARKET SIZE, BY COUNTRY, 2018–2022 (KILOTON)	181 
TABLE 147	NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2033 (USD MILLION)	181 
TABLE 148	NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2033 (KILOTON)	181 
12.3.4	US	182 
12.3.4.1	Presence of well-established industries to drive market	182 
TABLE 149	US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	182 
TABLE 150	US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	183 
TABLE 151	US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	183 
TABLE 152	US: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	184 
12.3.5	CANADA	184 
12.3.5.1	Presence of well-established aerospace industry to fuel demand for carbon fiber	184 
TABLE 153	CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	185 
TABLE 154	CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	185 
TABLE 155	CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	186 
TABLE 156	CANADA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	186 
12.4	ASIA PACIFIC	187 
12.4.1	IMPACT OF RECESSION	187 
FIGURE 46	ASIA PACIFIC: CARBON FIBER MARKET SNAPSHOT	188 
12.4.2	ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY	189 
TABLE 157	ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	189 
TABLE 158	ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	189 
TABLE 159	ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	190 
TABLE 160	ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	190 
12.4.3	ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY	191 
TABLE 161	ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)	191 
TABLE 162	ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2018–2022 (KILOTON)	191 
TABLE 163	ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2023–2033 (USD MILLION)	191 
TABLE 164	ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY, 2023–2033 (KILOTON)	192 
12.4.4	JAPAN	192 
12.4.4.1	Large exports of carbon fiber to drive market	192 
TABLE 165	JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	192 
TABLE 166	JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	193 
TABLE 167	JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	193 
TABLE 168	JAPAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	194 
12.4.5	CHINA	194 
12.4.5.1	Sports goods and wind energy industries to drive market	194 
TABLE 169	CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	195 
TABLE 170	CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	195 
TABLE 171	CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	196 
TABLE 172	CHINA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	196 
12.4.6	TAIWAN	197 
12.4.6.1	Large manufacture of bicycles to drive market	197 
TABLE 173	TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	197 
TABLE 174	TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	197 
TABLE 175	TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	198 
TABLE 176	TAIWAN: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	198 
12.4.7	SOUTH KOREA	199 
12.4.7.1	Presence of major automotive companies to propel market	199 
TABLE 177	SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	199 
TABLE 178	SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	199 
TABLE 179	SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	200 
TABLE 180	SOUTH KOREA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	200 
12.4.8	REST OF ASIA PACIFIC	201 
TABLE 181	REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	201 
TABLE 182	REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)	202 
TABLE 183	REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	202 
TABLE 184	REST OF ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (KILOTON)	203 
  
12.5	MIDDLE EAST & AFRICA	203 
12.5.1	MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY	204 
TABLE 185	MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	204 
TABLE 186	MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)	204 
TABLE 187	MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	205 
TABLE 188	MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (KILOTON)	205 
12.5.2	MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY	206 
TABLE 189	MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY,  2018–2022 (USD MILLION)	206 
TABLE 190	MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY, 2018–2022 (KILOTON)	206 
TABLE 191	MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY,  2023–2033 (USD MILLION)	206 
TABLE 192	MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2033 (KILOTON)	207 
12.5.3	GULF COOPERATION COUNCIL (GCC) COUNTRIES	207 
12.5.3.1	UAE	207 
12.5.3.1.1	Increasing demand for cars to drive growth	207 
TABLE 193	UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	208 
TABLE 194	UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	208 
TABLE 195	UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	209 
TABLE 196	UAE: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	209 
12.5.3.2	Saudi Arabia	210 
12.5.3.2.1	High demand from pipes & pressure vessels end-use industry to drive market	210 
TABLE 197	SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	210 
TABLE 198	SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	211 
TABLE 199	SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	211 
TABLE 200	SAUDI ARABIA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (KILOTON)	212 
12.5.3.3	Rest of GCC Countries	212 
TABLE 201	REST OF GULF COOPERATION COUNCIL: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	213 
TABLE 202	REST OF GULF COOPERATION COUNCIL: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)	213 
TABLE 203	REST OF GULF COOPERATION COUNCIL: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	214 
TABLE 204	REST OF GULF COOPERATION COUNCIL: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (KILOTON)	214 
12.5.4	SOUTH AFRICA	215 
12.5.4.1	Growing wind energy, automotive, and aerospace & defense industries to drive market	215 
TABLE 205	SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	215 
TABLE 206	SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	215 
TABLE 207	SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	216 
TABLE 208	SOUTH AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	216 
12.5.5	REST OF MIDDLE EAST & AFRICA	217 
TABLE 209	REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	217 
TABLE 210	REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	217 
TABLE 211	REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	218 
TABLE 212	REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	218 
12.6	LATIN AMERICA	219 
12.6.1	LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY	219 
TABLE 213	LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	219 
TABLE 214	LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)	219 
TABLE 215	LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	220 
TABLE 216	LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (KILOTON)	220 
12.6.2	LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY	221 
TABLE 217	LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)	221 
TABLE 218	LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2018–2022 (KILOTON)	221 
TABLE 219	LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY,  2023–2033 (USD MILLION)	221 
TABLE 220	LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY, 2023–2033 (KILOTON)	222 
12.6.3	BRAZIL	222 
12.6.3.1	Growth of aerospace & defense and wind energy industries to drive market	222 
TABLE 221	BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	223 
TABLE 222	BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	223 
TABLE 223	BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	224 
TABLE 224	BRAZIL: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	224 
12.6.4	MEXICO	225 
12.6.4.1	Automotive and wind energy to be prominent consumers of carbon fiber	225 
TABLE 225	MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)	225 
TABLE 226	MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)	226 
TABLE 227	MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (USD MILLION)	226 
TABLE 228	MEXICO: CARBON FIBER MARKET, BY END-USE INDUSTRY, 2023–2033 (KILOTON)	227 
12.6.5	REST OF LATIN AMERICA	227 
TABLE 229	REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)	228 
TABLE 230	REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2018–2022 (KILOTON)	228 
TABLE 231	REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (USD MILLION)	229 
TABLE 232	REST OF LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY,  2023–2033 (KILOTON)	229 
13	COMPETITIVE LANDSCAPE	230 
13.1	INTRODUCTION	230 
13.2	KEY PLAYERS’ STRATEGIES/RIGHT TO WIN	230 
13.2.1	STRATEGIES ADOPTED BY CARBON FIBER MANUFACTURERS	230 
13.3	REVENUE ANALYSIS	232 
FIGURE 47	CARBON FIBER MARKET: REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS	232 
13.4	MARKET SHARE ANALYSIS	233 
FIGURE 48	SHARES OF TOP COMPANIES IN CARBON FIBER MARKET	233 
TABLE 233	DEGREE OF COMPETITION: CARBON FIBER MARKET	233 
13.5	COMPANY EVALUATION MATRIX	235 
13.5.1	STARS	235 
13.5.2	PERVASIVE PLAYERS	235 
13.5.3	EMERGING LEADERS	235 
13.5.4	PARTICIPANTS	235 
FIGURE 49	CARBON FIBER MARKET: COMPANY EVALUATION MATRIX, 2022	236 
13.5.5	COMPANY FOOTPRINT	237 
TABLE 234	COMPANY PRODUCT FOOTPRINT	237 
TABLE 235	COMPANY END-USE INDUSTRY FOOTPRINT	238 
TABLE 236	PRODUCT TYPE FOOTPRINT	238 
TABLE 237	COMPANY REGION FOOTPRINT	239 
13.6	START-UP/SME EVALUATION MATRIX	240 
13.6.1	PROGRESSIVE COMPANIES	240 
13.6.2	RESPONSIVE COMPANIES	240 
13.6.3	DYNAMIC COMPANIES	240 
13.6.4	STARTING BLOCKS	240 
FIGURE 50	CARBON FIBER MARKET: SMALL AND MEDIUM-SIZED ENTERPRISES  MAPPING, 2022	241 
13.6.5	COMPETITIVE BENCHMARKING	241 
TABLE 238	CARBON FIBER MARKET: KEY START-UPS/SMES	241 
TABLE 239	CARBON FIBER MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES	243 
13.7	COMPETITIVE SCENARIO AND TRENDS	244 
13.7.1	PRODUCT LAUNCHES	244 
TABLE 240	CARBON FIBER MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, 2018–2023	244 
13.7.2	DEALS AND DEPLOYMENTS	246 
TABLE 241	CARBON FIBER MARKET: DEALS, 2018–2023	246 
TABLE 242	CARBON FIBER MARKET: OTHER DEVELOPMENTS, 2018–2023	254 
14	COMPANY PROFILES	257 
(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)* 
14.1	KEY COMPANIES	257 
14.1.1	TORAY INDUSTRIES, INC.	257 
TABLE 243	TORAY INDUSTRIES, INC.: COMPANY OVERVIEW	257 
TABLE 244	TORAY INDUSTRIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	258 
TABLE 246	TORAY INDUSTRIES, INC.: DEALS	260 
TABLE 247	TORAY INDUSTRIES, INC.: OTHER DEVELOPMENTS	261 
14.1.2	TEIJIN LIMITED	263 
TABLE 248	TEIJIN LIMITED: COMPANY OVERVIEW	263 
TABLE 249	TEIJIN LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED	264 
TABLE 250	TEIJIN LIMITED: PRODUCT LAUNCHES	265 
TABLE 251	TEIJIN LIMITED: DEALS	266 
TABLE 252	TEIJIN LIMITED: OTHER DEVELOPMENTS	267 
14.1.3	MITSUBISHI CHEMICAL GROUP CORPORATION	269 
TABLE 253	MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY OVERVIEW	269 
TABLE 254	MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED	270 
TABLE 255	MITSUBISHI CHEMICAL GROUP CORPORATION: DEALS	271 
TABLE 256	MITSUBISHI CHEMICAL GROUP CORPORATION: OTHER DEVELOPMENTS	272 
14.1.4	HEXCEL CORPORATION	274 
TABLE 257	HEXCEL CORPORATION: COMPANY OVERVIEW	274 
TABLE 258	HEXCEL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED	275 
TABLE 259	HEXCEL CORPORATION: PRODUCT LAUNCHES	276 
TABLE 260	HEXCEL CORPORATION: DEALS	277 
TABLE 261	HEXCEL CORPORATION: OTHER DEVELOPMENTS	279 
14.1.5	SOLVAY	281 
TABLE 262	SOLVAY: COMPANY OVERVIEW	281 
TABLE 263	SOLVAY: PRODUCTS/SOLUTIONS/SERVICES OFFERED	282 
TABLE 264	SOLVAY: PRODUCT LAUNCHES	284 
TABLE 265	SOLVAY: DEALS	285 
TABLE 266	SOLVAY: OTHER DEVELOPMENTS	289 
14.1.6	SGL CARBON	290 
TABLE 267	SGL CARBON: COMPANY OVERVIEW	290 
TABLE 268	SGL CARBON: PRODUCTS/SOLUTIONS/SERVICES OFFERED	291 
TABLE 269	SGL CARBON: PRODUCT LAUNCHES	292 
TABLE 270	SGL CARBON: OTHER DEVELOPMENTS	294 
14.1.7	HYOSUNG ADVANCED MATERIALS	296 
TABLE 271	HYOSUNG ADVANCED MATERIALS: COMPANY OVERVIEW	296 
TABLE 272	HYOSUNG ADVANCED MATERIALS: PRODUCTS/SOLUTIONS/SERVICES OFFERED	297 
TABLE 273	HYOSUNG ADVANCED MATERIALS: PRODUCT LAUNCHES	298 
TABLE 274	HYOSUNG ADVANCED MATERIALS: DEALS	298 
TABLE 275	HYOSUNG ADVANCED MATERIALS: OTHER DEVELOPMENTS	299 
14.1.8	ZHONGFU SHENYING CARBON FIBER CO., LTD.	300 
TABLE 276	ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY OVERVIEW	300 
TABLE 277	ZHONGFU SHENYING CARBON FIBER CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	301 
TABLE 278	ZHONGFU SHENYING CARBON FIBER CO., LTD.: OTHER DEVELOPMENTS	301 
14.1.9	KUREHA CORPORATION	303 
TABLE 279	KUREHA CORPORATION: COMPANY OVERVIEW	303 
TABLE 280	KUREHA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED	304 
14.1.10	DOWAKSA	305 
TABLE 281	DOWAKSA: COMPANY OVERVIEW	305 
TABLE 282	DOWAKSA: PRODUCTS/SOLUTIONS/SERVICES OFFERED	305 
TABLE 283	DOWAKSA: OTHER DEVELOPMENTS	305 
14.1.11	JILIN CHEMICAL FIBER GROUP CO., LTD.	307 
TABLE 284	JILIN CHEMICAL FIBER GROUP CO., LTD.: COMPANY OVERVIEW	307 
TABLE 285	JILIN CHEMICAL FIBER GROUP CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	308 
14.1.12	JIANGSU HENGSHEN CO., LTD.	309 
TABLE 286	JIANGSU HENGSHEN CO., LTD.: COMPANY OVERVIEW	309 
TABLE 287	JIANGSU HENGSHEN CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	309 
TABLE 288	JIANGSU HENGSHEN CO., LTD.: PRODUCT LAUNCHES	310 
TABLE 289	JIANGSU HENGSHEN CO., LTD.: DEAL	310 
TABLE 290	JIANGSU HENGSHEN CO., LTD.: OTHER DEVELOPMENTS	311 
14.1.13	ANSHAN SINODA CARBON FIBERS CO., LTD.	312 
TABLE 291	ANSHAN SINODA CARBON FIBERS CO., LTD.: COMPANY OVERVIEW	312 
TABLE 292	ANSHAN SENODA CARBON FIBER CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	312 
14.1.14	CHINA NATIONAL BLUESTAR (GROUP) CO., LTD.	314 
TABLE 293	CHINA NATIONAL BLUESTAR (GROUP) CO., LTD.: COMPANY OVERVIEW	314 
TABLE 294	CHINA NATIONAL BLUESTAR (GROUP) CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	314 
*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies. 
14.2	OTHER COMPANIES	316 
14.2.1	WEIHAI GUANGWEI COMPOSITE MATERIALS CO., LTD.	316 
TABLE 295	WEIHAI GUANG COMPOSITES MATERIALS CO., LTD.: COMPANY OVERVIEW	316 
14.2.2	UMATEX GROUP	317 
TABLE 296	UMATEX GROUP: COMPANY OVERVIEW	317 
14.2.3	NIPPON GRAPHITE FIBER CORPORATION	317 
TABLE 297	NIPPON GRAPHITE FIBER CORPORATION: COMPANY OVERVIEW	317 
14.2.4	CHANGZHOU JLON COMPOSITE CO., LTD.	318 
TABLE 298	CHANGZHOU JLON COMPOSITE CO., LTD.: COMPANY OVERVIEW	318 
14.2.5	BCIRCULAR	318 
TABLE 299	BCIRCULAR: COMPANY OVERVIEW	318 
14.2.6	VARTEGA INC.	319 
TABLE 300	VARTEGA INC.: COMPANY OVERVIEW	319 
14.2.7	JILIN TANGU CARBON FIBER CO., LTD.	319 
TABLE 301	JILIN TANGU CARBON FIBER CO., LTD.: COMPANY OVERVIEW	319 
14.2.8	WUXI GDE TECHNOLOGY CO., LTD.	320 
TABLE 302	WUXI GDE TECHNOLOGY CO., LTD.: COMPANY OVERVIEW	320 
14.2.9	SINOFIBERS TECHNOLOGY CO., LTD.	320 
TABLE 303	SINOFIBERS TECHNOLOGY CO., LTD.: COMPANY OVERVIEW	320 
14.2.10	JILIN JIYAN HIGH-TECH FIBERS CO., LTD.	321 
TABLE 304	JILIN JIYAN HIGH-TECH FIBERS CO., LTD.: COMPANY OVERVIEW	321 
14.2.11	TIANNIAO	321 
TABLE 305	TIANNIAO: COMPANY OVERVIEW	321 
14.2.12	CHINA PETROCHEMICAL CORPORATION (SINOPEC)	322 
TABLE 306	CHINA PETROCHEMICAL CORPORATION: COMPANY OVERVIEW	322 
14.2.13	SICHUAN XINWANXING CARBON FIBER COMPOSITES CO., LTD.	322 
TABLE 307	SICHUAN XINWANXING CARBON FIBER COMPOSITES CO., LTD.: COMPANY OVERVIEW	322 
14.2.14	FLINK INTERNATIONAL CO., LTD.	323 
TABLE 308	FLINK INTERNATIONAL CO., LTD.: COMPANY OVERVIEW	323 
14.2.15	ACP COMPOSITES, INC.	323 
TABLE 309	ACP COMPOSITES, INC.: COMPANY OVERVIEW	323 
14.2.16	YIXING ZHONGTAN TECHNOLOGY CO., LTD.	324 
TABLE 310	YIXING ZHONGTAN TECHNOLOGY CO., LTD.: COMPANY OVERVIEW	324 
14.2.17	YIXING JUNCHAO CARBON FIBER PRODUCTS CO., LTD.	324 
TABLE 311	YIXING JUNCHAO CARBON FIBER PRODUCTS CO., LTD.: COMPANY OVERVIEW	324 
14.2.18	CHINA COMPOSITES GROUP CORPORATION LTD.	325 
TABLE 312	CHINA COMPOSITES GROUP CORPORATION LTD.: COMPANY OVERVIEW	325 
15	APPENDIX	326 
15.1	DISCUSSION GUIDE	326 
15.2	KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL	329 
15.3	CUSTOMIZATION OPTIONS	331 
15.4	RELATED REPORTS	331 
15.5	AUTHOR DETAILS	332 |