Global Carbon Fibre
Market Report
2025
The Global Carbon Fibre Market size is USD 6.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 13.00% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Carbon Fibre Market size is USD 6.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 13.00% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Carbon Fibre Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 13% |
North America Carbon Fibre Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 2.04% |
Europe Carbon Fibre Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 2.24% |
Asia Pacific Carbon Fibre Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 1.77% |
South America Carbon Fibre Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 0.41% |
Middle East and Africa Carbon Fibre Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 0.34% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Shell Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Carbon Fibre industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Carbon Fibre Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Carbon atoms are joined to create a long chain to make carbon fibre. The fibres are utilised in several procedures to produce high-quality construction materials since they are incredibly light, robust, and rigid. The increasing use of carbon fibre in automotive and aerospace applications is responsible for this rise. Over the course of the projection period, increased automotive demand as well as the growing necessity for lightweight cars are likely to drive demand. During the projection period, government rules reducing or prohibiting automobile emissions together with the requirement for fuel-efficient cars are expected to have a major influence.
The aerospace and defense industry is a major consumer of carbon fiber due to its properties that improve aircraft performance and reduce fuel consumption. Demand for fuel-efficient aircraft and uncrewed aerial vehicles have led to increased adoption of carbon fiber composites for airframes, interiors, and structural components. The use of carbon fiber in automobile manufacturing has increased as the auto industry pursues fuel-efficient and environmentally friendly vehicles. Carbon fiber-reinforced composites are used in the body, chassis, and interior components to reduce weight while maintaining structural integrity and helping to improve fuel economy and performance.
Advances in manufacturing technology and increased production capabilities have helped lower the cost of carbon fiber over time. These reductions in production costs have made carbon fiber more accessible to a wider range of industries and promoted its adoption in a variety of applications. Continuous research and development efforts to improve carbon fiber properties, reduce production costs, and discover new applications contribute significantly to market growth. Innovations in composite materials and processes are expanding carbon fiber into new industries and applications. The focus on sustainability and reducing environmental impact has led to increased interest in carbon fiber as a recyclable and environmentally friendly material. Efforts to develop carbon fiber recycling technologies increase their attractiveness for industries engaged in sustainable practices.
For instance, in March 2023, Inexpensive carbon air filters can reduce nitrogen dioxide (NO2) levels in vehicles by up to 90% compared to vehicles without.
(Source: www.azocleantech.com/news.aspx?newsID=33060)
The carbon filter market has seen significant growth due to increasing awareness of environmental issues, stringent regulations, and air and water pollution. However, this growth has not been without its limitations and challenges. One of the major restraints affecting the carbon filter market is the high initial cost. The technology behind carbon filters can be expensive to develop, manufacture, and install, especially advanced systems for large-scale industrial applications. These costs may deter some potential buyers or limit adoption, particularly in regions or sectors with limited financial resources. Another important issue is competition from alternative filtration technologies. Carbon filters are effective in removing many contaminants, but other new technologies, such as membrane filtration, UV treatment, and electrochemical treatment, are gaining popularity.
The COVID-19 pandemic had a notable impact on the carbon fibre market, introducing both challenges and opportunities. The increased focus on indoor air quality due to the airborne nature of the virus has increased the demand for air filtration systems. This demand was particularly strong in healthcare facilities, commercial buildings, and residential buildings. Known for their ability to capture particles and improve indoor air quality, carbon filters have gained interest and acceptance. The pandemic has disrupted global supply chains, impacting the production and distribution of a variety of materials and components, including those used in carbon filters. This has led to shortages of key components such as activated carbon, affecting production capacity and causing price fluctuations.
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The major players rapidly evolve with new strategies to attain a competitive edge and capture significant market share. The major Carbon Fibre Market participants emphasize expanding creative offerings to serve a large consumer base and gain a competitive benefit.
Top Companies Market Share in Carbon Fibre Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2023 and accounted for around 33% of the global revenue. This robust market presence can be attributed to several factors, including North America's strict air and water quality regulations that encourage the implementation of advanced filtration technologies, such as carbon filters, in all industries to meet compliance requirements. With the focus on improving indoor air quality in commercial and residential buildings, the demand for carbon filters in HVAC systems and air purifiers is increasing. North America is likely to maintain its leading position in the Carbon Fibre market, offering lucrative opportunities for industry players and contributing significantly to the global market revenue.
Europe is the fastest-growing region in the market. Europe has strong environmental regulations that encourage the use of filtration technologies to improve air and water quality. This will encourage the adoption of carbon filters across all sectors to meet compliance standards. As awareness of air pollution and its impact on health increases, so does the demand for air purification solutions. Known to be effective in removing pollutants, carbon filters are widely used in both industrial and residential applications.
The current report Scope analyzes Carbon Fibre Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, North America’s dominance in holding the major market share in 2023, accounting for more than 30% of the global revenue, will expand with a CAGR of 2.04% from 2023 to 2030. In North America, the adjustable height segment has secured dominance in the market. The versatile nature of adjustable high mast lighting systems allows them to cater to diverse lighting requirements in North American urban and industrial landscapes. Several factors contribute to this forecasted growth, including the region's high level of urbanization, significant investments in infrastructure projects, and a strong emphasis on sustainability. In conclusion, The adjustable height segment's secured dominance attests to the significance of adaptability in meeting diverse lighting requirements across North American urban and industrial landscapes.
According to Cognitive Market Research, Europe’s dominance in holding the major market share in 2023, accounting for more than 33% of the global revenue, will expand with a CAGR of 2.24% from 2023 to 2030. Europe has strong environmental regulations that encourage the use of filtration technologies to improve air and water quality. This will encourage the adoption of carbon filters across all sectors to meet compliance standards. As awareness of air pollution and its impact on health increases, so does the demand for air purification solutions. Known to be effective in removing pollutants, carbon filters are widely used in both industrial and residential applications. As awareness of air pollution and its impact on health increases, so does the demand for air purification solutions. Known to be effective in removing pollutants, carbon filters are widely used in both industrial and residential applications.
According to Cognitive Market Research, Asia Pacific’s dominance in holding the major market share in 2023, accounting for more than 26% of the global revenue, will expand with a CAGR of 1.77% from 2023 to 2030. Rapid urbanization and industrialization in countries such as China and India have led to increased air and water pollution. This increases the demand for efficient filtration systems, including carbon filters, to reduce pollution and improve the environment. Many regions in Asia and the Pacific are facing water scarcity problems. Carbon filters are especially needed in water purification solutions to provide clean and safe drinking water. Government initiatives to reduce pollution and improve environmental standards are increasing the adoption of carbon filters in a variety of industries in the region.
According to Cognitive Market Research, Latin America’s dominance holds the major market share in 2023, accounting for more than 6% of the global revenue. It will expand with a CAGR of 0.41% from 2023 to 2030. In Latin America, With increasing awareness of environmental issues and the need for clean air and water, the demand for carbon filters is increasing, especially in regions facing pollution problems. Industrial sectors, including manufacturing, oil, and gas, require efficient filtration solutions, which is driving the carbon filter market in the region. Government initiatives to improve environmental standards and regulations are leading to the adoption of carbon filters in all sectors. These factors highlight the variety of factors influencing the demand and use of carbon filters in different regions and highlight the global importance of these filter systems in addressing environmental and health issues.
According to Cognitive Market Research, MEA’s dominance in holding the major market share in 2023, accounting for more than 5.00% of the global revenue, will expand with a CAGR of 0.34% from 2023 to 2030. Many regions in Africa face challenges related to access to clean water. Carbon filters are particularly in demand for water purification, combating waterborne diseases, and providing safe drinking water solutions. Africa's growing industries, especially sectors such as mining and manufacturing, require efficient filtration systems for air and water purification, which will increase the demand for carbon filters. Increasing awareness of environmental issues and the benefits of using filtration technology will drive the use of carbon filters in all industries.
Global Carbon Fibre Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Carbon Fibre Industry growth. Carbon Fibre market has been segmented with the help of its Shell Type, Application , and others. Carbon Fibre market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the stainless steel shell has emerged as the dominant player in the Carbon Fibre market, securing a significant market share over the forecast period. Stainless steel has a very high corrosion resistance, making it an excellent choice for harsh environments or applications where there is a risk of exposure to moisture, chemicals, or corrosive elements. This strength ensures the longevity and durability of the casing, reducing maintenance and replacement costs over time. The stainless steel housing provides strong structural integrity, strength, and durability to withstand high pressures, extreme temperatures, or physical shock. This durability is especially useful in industrial environments where harsh conditions are common.
The carbon steel shell-for-shell category is rapidly emerging as the fastest-growing segment in the carbon fibre market; Carbon steel is known for its strength and hardness, making the case extremely durable. It can withstand high pressure and extreme conditions, making it suitable for heavy industrial applications. Carbon steel is often more economical than stainless steel, making it a good choice for applications where budget constraints are an issue. Maintenance is required to prevent corrosion, but initial costs are generally low. Carbon steel is relatively easy to work and fabricate, allowing flexibility in the manufacturing process and scalability to meet specific design requirements.
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According to Cognitive Market Research, industrial water treatment has emerged as a prominent segment in the Carbon Fibre market. Industrial water treatment helps protect expensive machinery and equipment by removing impurities that could cause corrosion or scaling. This extends the lifespan of equipment, reducing maintenance costs and downtime. Purifying water in industrial processes ensures that water used in cooling systems, boilers, or manufacturing processes is free from contaminants. This enhances the efficiency of these systems, optimizing their performance and reducing energy consumption.
The drinking water treatment category has distinguished itself as the fastest-growing segment in the Carbon Fibre market over the forecast period, a surge driven by several pivotal factors. Firstly, Drinking water treatment eliminates harmful bacteria, viruses, and contaminants, safeguarding public health by ensuring that water is safe for consumption. This helps prevent waterborne diseases and illnesses. Treatment processes such as filtration and disinfection improve the taste, odor, and overall quality of drinking water, enhancing consumer satisfaction and encouraging proper hydration. Treatment systems remove various contaminants, including heavy metals, pesticides, chlorine, and other chemicals, making water safer and healthier for consumption.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Carbon Fibre Market is witnessing significant growth in the near future.
In 2023, the Stainless Steel Shell segment accounted for noticeable share of global Carbon Fibre Market and is projected to experience significant growth in the near future.
The Industrial Water Treatment segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies TIGG LLC (US) , Cabot Corporation (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Shell Type | Stainless Steel Shell, Carbon Steel Shell, Others |
Application | Industrial Water Treatment, Drinking Water Treatment, Food And Beverages, Pharmaceutical, Others |
List of Competitors | TIGG LLC (US), Puragen Activated Carbons (US), Cabot Corporation (US), Westech Engineering (US), Kuraray Co. Ltd. (Japan), Lenntech B.V. (The Netherlands), Donau Carbon Corporation (Germany), General Carbon Corporation (US), Sereno S.R.L. (Italy), Carbtrol Corp (US) |
This chapter will help you gain GLOBAL Market Analysis of Carbon Fibre. Further deep in this chapter, you will be able to review Global Carbon Fibre Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Carbon Fibre. Further deep in this chapter, you will be able to review North America Carbon Fibre Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Carbon Fibre. Further deep in this chapter, you will be able to review Europe Carbon Fibre Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Carbon Fibre. Further deep in this chapter, you will be able to review Asia Pacific Carbon Fibre Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Carbon Fibre. Further deep in this chapter, you will be able to review South America Carbon Fibre Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Carbon Fibre. Further deep in this chapter, you will be able to review Middle East Carbon Fibre Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Carbon Fibre. Further deep in this chapter, you will be able to review Middle East Carbon Fibre Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Carbon Fibre. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Shell Type Analysis 2019 -2031, will provide market size split by Shell Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Shell Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Carbon Fibre market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Stainless Steel Shell have a significant impact on Carbon Fibre market? |
What are the key factors affecting the Stainless Steel Shell and Carbon Steel Shell of Carbon Fibre Market? |
What is the CAGR/Growth Rate of Industrial Water Treatment during the forecast period? |
By type, which segment accounted for largest share of the global Carbon Fibre Market? |
Which region is expected to dominate the global Carbon Fibre Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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