Please contact our sales team for your Consulting and Customization queries/concerns at [email protected].
The global carbon fiber market in 2022 was valued at US$3.95 billion and is expected to reach US$6.70 billion by 2028, growing at a CAGR of 9.17%, during the forecast period of 2023-2028. Carbon fiber is a lightweight and exceptionally strong material composed of thin fibers primarily made of carbon atoms. It is produced through a multi-step process that involves the conversion of a precursor material, such as polyacrylonitrile (PAN) or pitch, into carbon fibers through high-temperature heating and stretching. The resulting material possesses remarkable strength-to-weight ratios, high stiffness, and resistance to corrosion, making it ideal for a wide range of applications.
In terms of volume, the global carbon fiber market is projected to reach 228.62 kilo tons in 2028. The global carbon fiber market has witnessed remarkable growth in terms of volume. Carbon fiber is primarily used in industries such as aerospace, automotive, wind energy, sports and leisure, and more. Its unique combination of strength, low weight, and corrosion resistance has made it an essential material in the production of high-performance components. With a global push toward fuel efficiency and reduced emissions, the automotive industry has increasingly turned to carbon fiber to create lightweight components. Another significant driver is the wind energy sector. Carbon fiber is instrumental in creating the lightweight yet sturdy blades of wind turbines.
Market Segmentation Analysis:
By Raw Material: The report splits the global carbon fiber market into two different segments on the basis of raw material: Polyacrylonitrile-based and Pitch-based. The PAN-based carbon fiber segment dominated the global market in 2022. PAN-based carbon fiber materials are preferred for use in the aerospace industry owing to their high strength, low heat expansion, moisture absorption, lightweight, specific strength, ease of use, and thermal conductivity.
By Tow Size: The global carbon fiber market can be divided into two segments on the basis of tow size: Small Tow and Large Tow. In 2022, the significant portion of the market share was attributed to the small tow segment. Small tow fibers, which are characterized by rovings containing 24,000 filaments or less, find widespread application in the aerospace and defense sector owing to their impressive modulus and tensile strength.
By Application: The report divides the global carbon fiber market into two application: Composites and Non Composites. Composite Materials encompass a range of industries, including aerospace and automotive, where the imperative for lightweight materials to enhance fuel efficiency and reduce emissions fuels the demand for carbon fiber composites. Similarly, the wind energy sector relies on carbon fiber composites to create lightweight yet robust wind turbine blades, contributing to the expansion of renewable energy sources, which is expected to drive the segmentÂ’s growth during the forecasted period.
By Industry Vertical: The global carbon fiber market by industry vertical can broadly be divided into eight segments namely, Aerospace and Defense, Automotive, Wind Energy, Sporting Goods, Building and Construction, Marine, Textiles and Others. Aerospace and Defense dominated the market in 2022. One of the primary drivers in this segment is the quest for lightweight materials to improve the fuel efficiency of aircraft. Carbon fiber's exceptional strength-to-weight ratio is instrumental in reducing the weight of aircraft, leading to decreased fuel consumption and lower emissions. In the defense sector, carbon fiber composites are increasingly used for lightweight armor and vehicle components.
By Region: According to this report, the global carbon fiber market can be divided into four major regions: Asia Pacific (China, Japan, India, South Korea and Rest of Asia Pacific), Europe (Germany, UK, France, Italy, and Rest of Europe), North America (The US, Canada and Mexico), and Rest of the World. In 2022, the Europe region took the lead in the regional segment, contributing the highest share of revenue. The expansion of the aerospace and defense sector in Europe has been a driving force behind the carbon fiber industry's growth in recent years, a trend anticipated to continue in the forecast period. Europe and North America, home to aerospace giants like Airbus and Boeing, have significantly boosted regional carbon fiber demand. Germany occupied the dominant position within Europe. Germany is renowned for its automotive industry, including brands like BMW, Mercedes-Benz, and Volkswagen. These companies actively use carbon fiber to reduce vehicle weight and enhance performance. The country is home to leading aerospace companies like Airbus, which utilize carbon fiber materials extensively for aircraft construction.
Conversely, the Asia Pacific market is projected to experience rapid growth during the forecast period, mainly due to swift urbanization and increased government investments in infrastructure projects. The burgeoning use of construction composites in building projects, such as tunnels, bridges, and residential structures in India and China, will propel market expansion. Additionally, the presence of prominent construction firms in the Asia Pacific region presents substantial opportunities for product adoption in the construction sector.
Market Dynamics:
Growth Drivers: Increasing demand from the aerospace & aviation industry has emerged as a significant driving factor for the carbon fiber market. Aerospace & Aviation industry relies heavily on advanced materials that offer a unique combination of strength, durability, and lightweight properties, and carbon fiber perfectly fits these requirements. Carbon fiber's exceptional strength-to-weight ratio makes it an ideal choice for manufacturing aircraft components, such as wings, fuselage sections, and interior components. The aerospace sector is continually striving to reduce fuel consumption and emissions, and carbon fiber's lightweight properties contribute to achieving these goals. Further, the market is expected to increase due to increasing product usage in automotive industry, growing construction sector, increasing demand for consumer goods, etc.
Challenges: However, some challenges are impeding the growth of the market such as high production cost and presence of substitute. The manufacturing process of carbon fiber is notably expensive, significantly elevating the final product's price tag. This cost factor serves as a major impediment to the broader adoption of carbon composites in diverse sectors. Presently, PAN-based carbon fibers, in particular, the non-aerospace grade variants, command an average price of approximately US$21.5 per kilogram, with a conversion efficiency of just 50%. These elevated costs act as a formidable barrier for smaller, domestic manufacturers seeking entry into the market, thereby curbing overall market expansion.
Trends: A major trend gaining pace in carbon fiber growing use of green carbon fiber. The carbon fiber market is experiencing a notable shift driven by mounting concerns surrounding climate change and the imperative to curtail carbon emissions. This transformative trend is characterized by a burgeoning demand for sustainable materials, with a spotlight on green carbon fiber emerging as an environmentally-conscious solution. In response to the pressing need for sustainable materials, several pioneering companies have been introducing innovative green carbon fiber products. Mitsubishi Chemical Corporation, for instance, made a significant stride in 2020 by unveiling a cutting-edge green carbon fiber material produced from bio-based feedstocks. More trends in the market are believed to augment the growth of carbon fiber market during the forecasted period include increasing demand for carbon fibers from wind energy, growing use of carbon fiber for storing hydrogen fuel, growing usage of carbon fiber in 3D printing, use of carbon fiber in suspension bridges, etc.
Impact Analysis of COVID-19 and Way Forward:
The COVID-19 pandemic significantly impacted the carbon fiber market, causing disruptions in the supply chain, fluctuating demand, production slowdowns, and shifts in consumer behavior. Lockdowns, travel restrictions, and labor shortages disrupted supply chains, leading to delays, increased costs, and challenges for manufacturers. Reduced demand in sectors like aerospace, automotive, and construction, due to economic downturns and travel restrictions, also lowered carbon fiber product demand, resulting in decreased production and revenue.
As economies adapted to the new normal, the carbon fiber market demonstrated resilience. Investments in research and development continued, leading to innovative carbon fiber products and expanding its potential applications. In essence, the pandemic initially disrupted the carbon fiber market but ultimately accelerated its adoption in industries emphasizing sustainability and high performance. This shift in priorities is expected to create opportunities for carbon fiber applications in various sectors.
Competitive Landscape and Recent Developments:
The global carbon fiber market exhibits a consolidated structure characterized by fierce competition among industry leaders vying to expand their market presence. Prominent players in this market encompass renowned entities such as Toray Industries Inc., SGL Carbon, Mitsubishi Chemical Corporation, Hexcel Corporation, and Teijin Limited, alongside several other notable companies.
Key players of the carbon fiber market are:
SGL Carbon SE
DowAksa Advanced Composite Material Industries Ltd Co
Formosa Plastics Corp
Hexcel Corp
Hyosung Advanced Materials Corp
Kureha Corp
Mitsui Chemical Group Corp
Solvay SA
Teijin Ltd
Toray Industries Inc
Nippon Carbon Co., Ltd
Prominent players are adopting strategies such as expansion, mergers & acquisitions, and partnerships to strengthen their market presence in various regions. Companies in the industry continuously invest in research and development to improve their production processes, enhance product quality, and develop new applications. In February 2022, Teijin Limited disclosed the plans to collaborate with Fuji Design Co. Ltd, a Japanese company specializing in recycled carbon fibers. Their joint initiative aims to establish a venture focused on manufacturing, distributing, and marketing carbon fiber reinforced plastic products.
Table of Contents
1. Executive Summary
2. Introduction
2.1 Carbon Fiber: An Overview
2.1.1 Definition of Carbon Fiber
2.2 Carbon Fiber Segmentation: An Overview
2.2.1 Carbon Fiber Segmentation
3. Global Market Analysis
3.1 Global Carbon Fiber Market: An Analysis
3.1.1 Global Carbon Fiber Market: An Overview
3.1.2 Global Carbon Fiber Market by Value
3.1.3 Global Carbon Fiber Market by Raw Material (Polyacrylonitrile-Based and Pitch-Based)
3.1.4 Global Carbon Fiber Market by Tow Size (Small & Large)
3.1.5 Global Carbon Fiber Market by Application (Composites & Non Composites)
3.1.6 Global Carbon Fiber Market by Industry Vertical (Aerospace and Defense, Automotive, Wind Energy, Sporting Goods, Building and Construction, Marine, Textiles & Others)
3.1.7 Global Carbon Fiber Market by Region (Europe, Asia Pacific, North America, and Rest of the World (ROW))
3.2 Global Carbon Fiber Market: Volume Analysis
3.2.1 Global Carbon Fiber Market by Volume: An Overview
3.2.2 Global Carbon Fiber Market by Volume
3.2.3 Global Carbon Fiber Market Volume by Raw Material (Polyacrylonitrile-Based and Pitch-Based)
3.3 Global Carbon Fiber Market: Raw Material Analysis
3.3.1 Global Carbon Fiber Market by Raw Material: An Overview
3.3.2 Global Polyacrylonitrile-Based Carbon Fiber Market by Value
3.3.3 Global Polyacrylonitrile-Based Carbon Fiber Market by Volume
3.3.4 Global Pitch-Based Carbon Fiber Market by Value
3.3.5 Global Pitch-Based Carbon Fiber Market by Volume
3.4 Global Carbon Fiber Market: Tow Size Analysis
3.4.1 Global Carbon Fiber Market by Tow Size: An Overview
3.4.2 Global Small Tow Size Carbon Fiber Market by Value
3.4.3 Global Large Tow Size Carbon Fiber Market by Value
3.5 Global Carbon Fiber Market: Application Analysis
3.5.1 Global Carbon Fiber Market by Application: An Overview
3.5.2 Global Composite Carbon Fiber Market by Value
3.5.3 Global Non Composites Carbon Fiber Market by Value
3.6 Global Carbon Fiber Market: Industry Vertical Analysis
3.6.1 Global Carbon Fiber Market by Industry Vertical: An Overview
3.6.2 Global Aerospace and Defense Carbon Fiber Market by Value
3.6.3 Global Automotive Carbon Fiber Market by Value
3.6.4 Global Wind Energy Carbon Fiber Market by Value
3.6.5 Global Sporting Goods Carbon Fiber Market by Value
3.6.6 Global Building and Construction Carbon Fiber Market by Value
3.6.7 Global Marine Carbon Fiber Market by Value
3.6.8 Global Textiles Carbon Fiber Market by Value
3.6.9 Global Other Industries Carbon Fiber Market by Value
4. Regional Market Analysis
4.1 Europe Carbon Fiber Market: An Analysis
4.1.1 Europe Carbon Fiber Market: An Overview
4.1.2 Europe Carbon Fiber Market by Value
4.1.3 Europe Carbon Fiber Market by Region (Germany, France, United Kingdom, Italy, and Rest of the Europe)
4.1.4 Germany Carbon Fiber Market by Value
4.1.5 France Carbon Fiber Market by Value
4.1.6 United Kingdom Carbon Fiber Market by Value
4.1.7 Italy Carbon Fiber Market by Value
4.1.8 Rest of Europe Carbon Fiber Market by Value
4.2 Asia Pacific Carbon Fiber Market: An Analysis
4.2.1 Asia Pacific Carbon Fiber Market: An Overview
4.2.2 Asia Pacific Carbon Fiber Market by Value
4.2.3 Asia Pacific Carbon Fiber Market by Region (China, Japan, South Korea, India, and Rest of Asia Pacific)
4.2.4 China Carbon Fiber Market by Value
4.2.5 Japan Carbon Fiber Market by Value
4.2.6 South Korea Carbon Fiber Market by Value
4.2.7 India Carbon Fiber Market by Value
4.2.8 Rest of Asia Pacific Carbon Fiber Market by Value
4.3 North America Carbon Fiber Market: An Analysis
4.3.1 North America Carbon Fiber Market: An Overview
4.3.2 North America Carbon Fiber Market by Value
4.3.3 North America Carbon Fiber Market by Region (The US, Canada and Mexico)
4.3.4 The US Carbon Fiber Market by Value
4.3.5 The US Carbon Fiber Market by Volume
4.3.6 The US Carbon Fiber Market by Raw Material
4.3.7 The US Polyacrylonitrile-based and Pitch-based Carbon Fiber Market by Value
4.3.8 Canada Carbon Fiber Market by Value
4.3.9 Mexico Carbon Fiber Market by Value
4.4 Rest of the World Carbon Fiber Market: An Analysis
4.4.1 Rest of the World Carbon Fiber Market: An Overview
4.4.2 Rest of the World Carbon Fiber Market by Value
5. Impact of COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Global Carbon Fiber Market
5.1.2 Post-COVID Scenario
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Increasing Product Usage in Automotive Industry
6.1.2 Growing Construction Sector
6.1.3 Increasing Demand from the Aerospace & Aviation Industry
6.1.4 Increasing Demand for Consumer Goods
6.2 Challenges
6.2.1 High Production Cost
6.2.2 Presence of Substitute
6.3 Market Trends
6.3.1 Increasing Demand for Carbon Fibers from Wind Energy
6.3.2 Growing Use of Carbon Fiber for Storing Hydrogen Fuel
6.3.3 Growing Usage of Carbon Fiber in 3D Printing
6.3.4 Escalating Use of Green Carbon Fiber
6.3.5 Use of Carbon Fiber in Suspension Bridges
7. Competitive Landscape
7.1 Global Carbon Fiber Market Players: Product Comparison
7.2 Global Carbon Fiber Market Players: Recent Developments
8. Company Profiles
8.1 SGL Carbon SE
8.1.1 Business Overview
8.1.2 Operating Segments
8.1.3 Business Strategies
8.2 Nippon Carbon Co., Ltd.
8.2.1 Business Overview
8.2.2 Operating Segments
8.3 Toray Industries Inc.
8.3.1 Business Overview
8.3.2 Operating Segments
8.3.3 Business Strategies
8.4 Solvay SA
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategies
8.5 Mitsui Chemical Group Corporation
8.5.1 Business Overview
8.5.2 Operating Segments
8.5.3 Business Strategy
8.6 Hexcel Corporation
8.6.1 Business Overview
8.6.2 Operating Segments
8.6.3 Business Strategies
8.7 Teijin Limited
8.7.1 Business Overview
8.7.2 Net Sales by Business Field
8.7.3 Business Strategies
8.8 Kureha Corporation
8.8.1 Business Overview
8.8.2 Operating Segments
8.8.3 Business Strategy
8.9 Formosa Plastics Corp
8.9.1 Business Overview
8.9.2 Business Strategy
8.10 Hyosung Advanced Materials Corp
8.10.1 Business Overview
8.10.2 Business Strategy
8.11 DowAksa
8.11.1 Business Overview
List of Figures
Figure 1: Advantages of Carbon Fiber
Figure 2: Carbon Fiber Segmentation
Figure 3: Global Carbon Fiber Market by Value; 2018-2022 (US$ Billion)
Figure 4: Global Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 5: Global Carbon Fiber Market by Raw Material; 2022 (Percentage, %)
Figure 6: Global Carbon Fiber Market by Tow Size; 2022 (Percentage, %)
Figure 7: Global Carbon Fiber Market by Application; 2022 (Percentage, %)
Figure 8: Global Carbon Fiber Market by Industry Vertical; 2022 (Percentage, %)
Figure 9: Global Carbon Fiber Market by Region; 2022 (Percentage, %)
Figure 10: Global Carbon Fiber Market by Volume; 2020-2022 (Kilo Ton)
Figure 11: Global Carbon Fiber Market by Volume; 2023-2028 (Kilo Ton)
Figure 12: Global Carbon Fiber Market Volume by Raw Material; 2022 (Percentage, %)
Figure 13: Global Polyacrylonitrile-Based Carbon Fiber Market by Value; 2018-2022 (US$ Billion)
Figure 14: Global Polyacrylonitrile-Based Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 15: Global Polyacrylonitrile-Based Carbon Fiber Market by Volume; 2020-2022 (Kilo Ton)
Figure 16: Global Polyacrylonitrile-Based Carbon Fiber Market by Volume; 2023-2028 (Kilo Ton)
Figure 17: Global Pitch-Based Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 18: Global Pitch-Based Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 19: Global Pitch-Based Carbon Fiber Market by Volume; 2020-2022 (Kilo Ton)
Figure 20: Global Pitch-Based Carbon Fiber Market by Volume; 2023-2028 (Kilo Ton)
Figure 21: Global Small Tow Size Carbon Fiber Market by Value; 2018-2022 (US$ Billion)
Figure 22: Global Small Tow Size Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 23: Global Large Tow Size Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 24: Global Large Tow Size Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 25: Global Composite Carbon Fiber Market by Value; 2018-2022 (US$ Billion)
Figure 26: Global Composite Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 27: Global Non Composites Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 28: Global Non Composites Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 29: Global Aerospace and Defense Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 30: Global Aerospace and Defense Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 31: Global Automotive Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 32: Global Automotive Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 33: Global Wind Energy Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 34: Global Wind Energy Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 35: Global Sporting Goods Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 36: Global Sporting Goods Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 37: Global Building and Construction Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 38: Global Building and Construction Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 39: Global Marine Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 40: Global Marine Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 41: Global Textiles Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 42: Global Textiles Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 43: Global Other Industries Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 44: Global Other Industries Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 45: Europe Carbon Fiber Market by Value; 2018-2022 (US$ Billion)
Figure 46: Europe Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 47: Europe Carbon Fiber Market by Region; 2022 (Percentage, %)
Figure 48: Germany Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 49: Germany Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 50: France Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 51: France Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 52: United Kingdom Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 53: United Kingdom Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 54: Italy Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 55: Italy Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 56: Rest of Europe Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 57: Rest of Europe Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 58: Asia Pacific Carbon Fiber Market by Value; 2018-2022 (US$ Billion)
Figure 59: Asia Pacific Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 60: Asia Pacific Carbon Fiber Market by Region; 2022 (Percentage, %)
Figure 61: China Carbon Fiber Market by Value, 2018-2022 (US$ Million)
Figure 62: China Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 63: Japan Carbon Fiber Market by Value, 2018-2022 (US$ Million)
Figure 64: Japan Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 65: South Korea Carbon Fiber Market by Value, 2018-2022 (US$ Million)
Figure 66: South Korea Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 67: India Carbon Fiber Market by Value, 2018-2022 (US$ Million)
Figure 68: India Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 69: Rest of Asia Pacific Carbon Fiber Market by Value, 2018-2022 (US$ Million)
Figure 70: Rest of Asia Pacific Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 71: North America Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 72: North America Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 73: North America Carbon Fiber Market by Region; 2022 (Percentage, %)
Figure 74: The US Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 75: The US Carbon Fiber Market by Value; 2023-2028 (US$ Billion)
Figure 76: The US Carbon Fiber Market by Volume; 2020-2022 (Kilo Ton)
Figure 77: The US Carbon Fiber Market by Volume; 2023-2028 (Kilo Ton)
Figure 78: The US Carbon Fiber Market by Raw Material; 2022 (Percentage, %)
Figure 79: The US Polyacrylonitrile-based and Pitch-based Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 80: The US Polyacrylonitrile-based and Pitch-based Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 81: Canada Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 82: Canada Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 83: Mexico Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 84: Mexico Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 85: Rest of the World Carbon Fiber Market by Value; 2018-2022 (US$ Million)
Figure 86: Rest of the World Carbon Fiber Market by Value; 2023-2028 (US$ Million)
Figure 87: Global Automobile Production by Region; 2021 & 2022 (Million)
Figure 88: Global Construction market, 2020-2030 (US$ Trillion)
Figure 89: Global Electric Aircraft Market Size, 2019-2026 (US$ Million)
Figure 90: Global New Wind Power Installations; 2021-2026 (Gigawatt)
Figure 91: SGL Carbon SE Sale Revenue by Segment; 2022 (Percentage, %)
Figure 92: Nippon Carbon Co., Ltd Net Sales by Segment; 2022 (Percentage, %)
Figure 93: Toray Industries, Inc. Revenue by Segment; 2022 (Percentage, %)
Figure 94: Solvay SA Net Sales by Segment; 2022 (Percentage, %)
Figure 95: Mitsui Chemical Group Corporation Revenue by Segments; 2022 (Percentage, %)
Figure 96: Hexcel Corporation Net Sales by Segment; 2022 (Percentage, %)
Figure 97: Teijin Limited Net Sales by Business Field; 2022 (Percentage, %)
Figure 98: Kureha Corporation Revenue by Segment; 2022 (Percentage, %)
Table 1: Global Carbon Fiber Market Players: Product Comparison
