APO RESEARCH · REPORT
Carbon Fiber Reinforced Plastic (CFRP)
Carbon fiber reinforced plastic, or carbon fiber reinforced polymer (CFRP) are high-strength and lightweight composite materials that contain a matrix, which is generally a polymer resin, and carbon fiber, a reinforcement material.
Product & engineering
Understand the product.
Carbon fiber reinforced plastic, or carbon fiber reinforced polymer (CFRP) are high-strength and lightweight composite materials that contain a matrix, which is generally a polymer resin, and carbon fiber, a reinforcement material.
Selected research
Industry Research
Carbon Fiber Reinforced Plastic (CFRP) Industry Research Report 2026
Market perspective
Carbon fiber reinforced plastic, or carbon fiber reinforced polymer (CFRP) are high-strength and lightweight composite materials that contain a matrix, which is generally a polymer resin, and carbon fiber, a reinforcement material.
The top three companies accounting for 39.32% of the market share in 2019.
Report Scope
Read the full market overview
This report quantifies the global Carbon Fiber Reinforced Plastic (CFRP) market in revenue (US$ million) and, where applicable, sales volume (MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Carbon Fiber Reinforced Plastic (CFRP).
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Carbon Fiber Reinforced Plastic (CFRP) Market by Company
Toray
Mitsubishi Materials
Teijin
SGL Group
Solvay
Hexcel
DowAksa
SABIC
Ensinger
Weihai Guangwei Composites
Carbon Fiber Reinforced Plastic (CFRP) Segment by Type
Thermosetting CFRP
Thermoplastic CFRP
Carbon Fiber Reinforced Plastic (CFRP) Segment by Application
Aerospace & Defense
Sports Goods
Automotive
Pressure Vessels
Construction & Civil Engineering
Marine
Electronic & Electric Parts
Others
Carbon Fiber Reinforced Plastic (CFRP) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Carbon Fiber Reinforced Plastic (CFRP) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Carbon Fiber Reinforced Plastic (CFRP) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Carbon Fiber Reinforced Plastic (CFRP).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Carbon Fiber Reinforced Plastic (CFRP) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Carbon Fiber Reinforced Plastic (CFRP) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Carbon Fiber Reinforced Plastic (CFRP) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Thermosetting CFRP
- Thermoplastic CFRP
Applications
- Aerospace & Defense
- Sports Goods
- Automotive
- Pressure Vessels
- Construction & Civil Engineering
- Marine
- Electronic & Electric Parts
- Others
Companies covered
- Toray
- Mitsubishi Materials
- Teijin
- SGL Group
- Solvay
- Hexcel
- DowAksa
- SABIC
- Ensinger
- Weihai Guangwei Composites
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Carbon Fiber Reinforced Plastic (CFRP) by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Thermosetting CFRP
- 2.2.3 Thermoplastic CFRP
- 2.3 Carbon Fiber Reinforced Plastic (CFRP) by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Aerospace & Defense
- 2.3.3 Sports Goods
- 2.3.4 Automotive
- 2.3.5 Pressure Vessels
- 2.3.6 Construction & Civil Engineering
- 2.3.7 Marine
- 2.3.8 Electronic & Electric Parts
- 2.3.9 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Carbon Fiber Reinforced Plastic (CFRP) Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Carbon Fiber Reinforced Plastic (CFRP) Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production by Manufacturers (2021-2026)
- 3.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value by Manufacturers (2021-2026)
- 3.3 Global Carbon Fiber Reinforced Plastic (CFRP) Average Price by Manufacturers (2021-2026)
- 3.4 Global Carbon Fiber Reinforced Plastic (CFRP) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Carbon Fiber Reinforced Plastic (CFRP) Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Carbon Fiber Reinforced Plastic (CFRP) Manufacturers, Product Type & Application
- 3.7 Global Carbon Fiber Reinforced Plastic (CFRP) Manufacturers Established Date
- 3.8 Global Carbon Fiber Reinforced Plastic (CFRP) Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Toray
- 4.1.1 Toray Carbon Fiber Reinforced Plastic (CFRP) Company Information
- 4.1.2 Toray Carbon Fiber Reinforced Plastic (CFRP) Business Overview
- 4.1.3 Toray Carbon Fiber Reinforced Plastic (CFRP) Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Toray Product Portfolio
- 4.1.5 Toray Recent Developments
- 4.2 Mitsubishi Materials
- 4.2.1 Mitsubishi Materials Carbon Fiber Reinforced Plastic (CFRP) Company Information
- 4.2.2 Mitsubishi Materials Carbon Fiber Reinforced Plastic (CFRP) Business Overview
- 4.2.3 Mitsubishi Materials Carbon Fiber Reinforced Plastic (CFRP) Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Mitsubishi Materials Product Portfolio
- 4.2.5 Mitsubishi Materials Recent Developments
- 4.3 Teijin
- 4.3.1 Teijin Carbon Fiber Reinforced Plastic (CFRP) Company Information
- 4.3.2 Teijin Carbon Fiber Reinforced Plastic (CFRP) Business Overview
- 4.3.3 Teijin Carbon Fiber Reinforced Plastic (CFRP) Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Teijin Product Portfolio
- 4.3.5 Teijin Recent Developments
- 4.4 SGL Group
- 4.4.1 SGL Group Carbon Fiber Reinforced Plastic (CFRP) Company Information
- 4.4.2 SGL Group Carbon Fiber Reinforced Plastic (CFRP) Business Overview
- 4.4.3 SGL Group Carbon Fiber Reinforced Plastic (CFRP) Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 SGL Group Product Portfolio
- 4.4.5 SGL Group Recent Developments
- 4.5 Solvay
- 4.5.1 Solvay Carbon Fiber Reinforced Plastic (CFRP) Company Information
- 4.5.2 Solvay Carbon Fiber Reinforced Plastic (CFRP) Business Overview
- 4.5.3 Solvay Carbon Fiber Reinforced Plastic (CFRP) Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Solvay Product Portfolio
- 4.5.5 Solvay Recent Developments
- 4.6 Hexcel
- 4.6.1 Hexcel Carbon Fiber Reinforced Plastic (CFRP) Company Information
- 4.6.2 Hexcel Carbon Fiber Reinforced Plastic (CFRP) Business Overview
- 4.6.3 Hexcel Carbon Fiber Reinforced Plastic (CFRP) Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Hexcel Product Portfolio
- 4.6.5 Hexcel Recent Developments
- 4.7 DowAksa
- 4.7.1 DowAksa Carbon Fiber Reinforced Plastic (CFRP) Company Information
- 4.7.2 DowAksa Carbon Fiber Reinforced Plastic (CFRP) Business Overview
- 4.7.3 DowAksa Carbon Fiber Reinforced Plastic (CFRP) Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 DowAksa Product Portfolio
- 4.7.5 DowAksa Recent Developments
- 4.8 SABIC
- 4.8.1 SABIC Carbon Fiber Reinforced Plastic (CFRP) Company Information
- 4.8.2 SABIC Carbon Fiber Reinforced Plastic (CFRP) Business Overview
- 4.8.3 SABIC Carbon Fiber Reinforced Plastic (CFRP) Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 SABIC Product Portfolio
- 4.8.5 SABIC Recent Developments
- 4.9 Ensinger
- 4.9.1 Ensinger Carbon Fiber Reinforced Plastic (CFRP) Company Information
- 4.9.2 Ensinger Carbon Fiber Reinforced Plastic (CFRP) Business Overview
- 4.9.3 Ensinger Carbon Fiber Reinforced Plastic (CFRP) Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Ensinger Product Portfolio
- 4.9.5 Ensinger Recent Developments
- 4.10 Weihai Guangwei Composites
- 4.10.1 Weihai Guangwei Composites Carbon Fiber Reinforced Plastic (CFRP) Company Information
- 4.10.2 Weihai Guangwei Composites Carbon Fiber Reinforced Plastic (CFRP) Business Overview
- 4.10.3 Weihai Guangwei Composites Carbon Fiber Reinforced Plastic (CFRP) Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Weihai Guangwei Composites Product Portfolio
- 4.10.5 Weihai Guangwei Composites Recent Developments
5 Global Carbon Fiber Reinforced Plastic (CFRP) Production by Region
- 5.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production by Region: 2021-2032
- 5.2.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production by Region: 2021-2026
- 5.2.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production Forecast by Region (2027-2032)
- 5.3 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value by Region: 2021-2032
- 5.4.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value by Region: 2021-2026
- 5.4.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value Forecast by Region (2027-2032)
- 5.5 Global Carbon Fiber Reinforced Plastic (CFRP) Market Price Analysis by Region (2021-2026)
- 5.6 Global Carbon Fiber Reinforced Plastic (CFRP) Production and Value, YOY Growth
- 5.6.1 North America Carbon Fiber Reinforced Plastic (CFRP) Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Carbon Fiber Reinforced Plastic (CFRP) Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Carbon Fiber Reinforced Plastic (CFRP) Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Carbon Fiber Reinforced Plastic (CFRP) Production Value Estimates and Forecasts (2021-2032)
6 Global Carbon Fiber Reinforced Plastic (CFRP) Consumption by Region
- 6.1 Global Carbon Fiber Reinforced Plastic (CFRP) Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Carbon Fiber Reinforced Plastic (CFRP) Consumption by Region (2021-2032)
- 6.2.1 Global Carbon Fiber Reinforced Plastic (CFRP) Consumption by Region: 2021-2026
- 6.2.2 Global Carbon Fiber Reinforced Plastic (CFRP) Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Carbon Fiber Reinforced Plastic (CFRP) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Carbon Fiber Reinforced Plastic (CFRP) Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Carbon Fiber Reinforced Plastic (CFRP) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Carbon Fiber Reinforced Plastic (CFRP) Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Carbon Fiber Reinforced Plastic (CFRP) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Carbon Fiber Reinforced Plastic (CFRP) Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Carbon Fiber Reinforced Plastic (CFRP) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Carbon Fiber Reinforced Plastic (CFRP) Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production by Type (2021-2032)
- 7.1.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production by Type (2021-2032) & (MT)
- 7.1.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production Market Share by Type (2021-2032)
- 7.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value by Type (2021-2032)
- 7.2.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value Market Share by Type (2021-2032)
- 7.3 Global Carbon Fiber Reinforced Plastic (CFRP) Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production by Application (2021-2032)
- 8.1.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production by Application (2021-2032) & (MT)
- 8.1.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production Market Share by Application (2021-2032)
- 8.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value by Application (2021-2032)
- 8.2.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production Value Market Share by Application (2021-2032)
- 8.3 Global Carbon Fiber Reinforced Plastic (CFRP) Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Carbon Fiber Reinforced Plastic (CFRP) Value Chain Analysis
- 9.1.1 Carbon Fiber Reinforced Plastic (CFRP) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Carbon Fiber Reinforced Plastic (CFRP) Production Mode & Process
- 9.2 Carbon Fiber Reinforced Plastic (CFRP) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Carbon Fiber Reinforced Plastic (CFRP) Distributors
- 9.2.3 Carbon Fiber Reinforced Plastic (CFRP) Customers
10 Global Carbon Fiber Reinforced Plastic (CFRP) Analyzing Market Dynamics
- 10.1 Carbon Fiber Reinforced Plastic (CFRP) Industry Trends
- 10.2 Carbon Fiber Reinforced Plastic (CFRP) Industry Drivers
- 10.3 Carbon Fiber Reinforced Plastic (CFRP) Industry Opportunities and Challenges
- 10.4 Carbon Fiber Reinforced Plastic (CFRP) Industry Restraints
11 Report Conclusion
12 Disclaimer
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