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Aviation Carbon Fiber Market Share

Report ID: GMI12359
Published Date: Nov 2024
Report Format: PDF

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Aviation Carbon Fiber Market Share

Toray Industries, Inc., Hexcel Corporation, and SGL Carbon SE are key players in the aerospace carbon fiber market, each contributing to advancements in lightweight, high-performance materials. Toray is known for its extensive portfolio of carbon fiber products, supporting both commercial and military aircraft. Hexcel focuses on innovative composite materials, enhancing aircraft performance and fuel efficiency. SGL Carbon SE emphasizes sustainable, high-quality carbon fiber production, while also investing in recycling technologies. Together, they drive innovation and meet evolving industry demands.

Aviation Carbon Fiber Market Companies

Major players operating in the aviation carbon fiber industry are:

Aernnova Aerospace
Bally Ribbon Mills
BGF Industries Inc.
Chomarat Group
DowAksa
DuPont de Nemours, Inc.
Hexcel Corporation
HYOSUNG
Mitsubishi Chemical Group
Park Aerospace Corp
SGL Carbon SE
Solvay S.A.
TEIJIN LIMITED
Toray Industries, Inc.
Zoltek Companies Incorporated

Authors: Suraj Gujar , Partha Paul

Frequently Asked Questions (FAQ) :

The global market size for aviation carbon fiber was valued at USD 2.2 billion in 2024 and is projected to reach USD 5.5 billion by 2034, driven by a CAGR of 9.8% from 2025 to 2034.

PAN-based carbon fiber accounted for 78.4% of the market share in 2024, driven by its exceptional strength-to-weight ratio and high durability.

The North America market is expected to surpass USD 1.7 billion by 2034, driven by the region's strong aerospace industry and advancements in carbon fiber production.

Major players in the industry include Aernnova Aerospace, Bally Ribbon Mills, BGF Industries Inc., Chomarat Group, DowAksa, DuPont de Nemours, Inc., Hexcel Corporation, HYOSUNG, Mitsubishi Chemical Group, Park Aerospace Corp, SGL Carbon SE, Solvay S.A., TEIJIN LIMITED, Toray Industries, Inc., and Zoltek Companies Incorporated.