North America Carbon Fiber Market

The report "North America Carbon Fiber Market by Raw Material Type (Pan, Pitch), By Fiber Type (Virgin, Recycled), By Modulus (Standard, Intermediate, High), By Product Type (Continuous, Long, Short), By Application (Composites, Non-Composites), By End-use Industry (Aerospace & Defense, Automotive, Wind Energy, Pipe, Pressure Vessels, Sporting Goods, Construction & Infrastructure, Medical & Healthcare, and Marine), By Country - Forecast to 2030 ", is expected to reach USD 2.22 billion by 2030 from USD 1.57 billion in 2025, at a CAGR of 7.2% from 2025 to 2030.

Browse 120 market data Tables and 60 Figures spread through 200 Pages and in-depth TOC on "North America Carbon Fiber Market by Raw Material Type (Pan, Pitch), By Fiber Type (Virgin, Recycled), By Modulus (Standard, Intermediate, High), By Product Type (Continuous, Long, Short), By Application (Composites, Non-Composites), By End-use Industry (Aerospace & Defense, Automotive, Wind Energy, Pipe, Pressure Vessels, Sporting Goods, Construction & Infrastructure, Medical & Healthcare, and Marine), By Country - Forecast to 2030 "
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/north-america-carbon-fiber-market-247982025.html

The demand for carbon fiber is growing in North America and will continue to grow in the future because of its attractiveness as a heavy-duty material in high-speed production environments, and its ease of use with production machinery that is designed for automated production processes. The combination of high-efficiency manufacturing, advanced composite integration, automation, robotics, and precision molding techniques will drive the demand for more carbon fiber, particularly in applications such as industrial equipment upgrades, oil & gas industry modernization, performance-based consumer goods, and energy-efficient production systems.

PAN-based segment, by raw material type, dominated the carbon fiber market in terms of value.

PAN-based carbon fiber dominated the North America carbon fiber market due to its superior strength, stability, and higher carbon yield. About 90% of the carbon fiber produced is made from PAN, and the remaining 10% is made from rayon or petroleum pitch. PAN-based carbon fiber is produced from acrylonitrile via a process of PAN fiber synthesis, flame retardant treatment, carbonization, graphitization, surface treatment, and sizing. The lightweight and high-strength characteristics of PAN-based carbon fiber have led to its widespread use in a wide array of applications, such as aircraft brakes, space structures, military and commercial planes, lithium batteries, sporting goods, and structural reinforcement in construction materials.

Short carbon fiber is expected to register the second-highest CAGR, in terms of value, in the North America carbon fiber market during the forecast period.

Based on product type, the short carbon fiber segment is expected to register the second-highest CAGR due to its cost-effectiveness, versatility, and ability to enhance material properties in various industries. It is widely used in injection molding and 3D printing, allowing for the mass production of lightweight, high-strength components in automotive, aerospace, and consumer goods. Short carbon fiber improves mechanical strength, thermal conductivity, and wear resistance when blended with plastics, making it an attractive alternative to metals. Additionally, its ease of processing and recyclability align with sustainability goals, further driving its adoption. As industries seek stronger, lighter, and more affordable materials, the demand for short carbon fiber continues to rise.

The wind energy industry is expected to register the second-highest CAGR, in terms of value, in the carbon fiber market during the forecast period.

The wind energy segment will register the second-highest growth rate in North America’s carbon fiber market due to its exceptional properties that enhance wind turbine performance and efficiency. Its high strength-to-weight ratio allows for the construction of longer and lighter blades without compromising on durability, thus increasing the overall turbine efficiency. Additionally, the superior mechanical properties of carbon fibers help wind turbine blades withstand continuous stress, reducing maintenance costs and extending their lifespan. As the demand for renewable energy grows, carbon fiber continues to play a crucial role in improving the efficiency, reliability, and sustainability of wind power technology.

The US accounted for the largest share of the carbon fiber market in North America.

The US is the largest carbon fiber market in North America. The country’s established and diversified industrial base for aerospace, defence, automotive, and renewable energy generates an enormous and growing demand for high-performance composite materials. Additionally, it maintains a leadership position in commercial aircraft production and has a rapidly growing ecosystem of electric and lightweight vehicle manufacturers. The US also has an aggressive increase in wind energy capacity, and numerous companies have invested in the research & development of composite materials. Furthermore, there are many major producers and fabricators of carbon fiber in the US.

Key Players

Prominent companies include Toray Industries, Inc. (Japan), DowAksa (Turkey), Mitsubishi Chemical Group Corporation (Japan), Syensqo (Belgium), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), HS Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Fiber Co., Ltd. (China), and Kureha Corporation (Japan).

Don’t miss out on business opportunities in North America Carbon Fiber Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/