Thermosetting Carbon Fiber Reinforced Plastic Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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Carbon fiber is made of viscose fiber, polyacrylonitrile fiber and pitch fiber as raw materials, and carbonized at 300~1000℃. The diameter of carbon fiber is extremely thin, about 7 microns, but its strength is exceptionally high. The application of carbon fiber reinforced plastics in aircraft, rockets, missiles, and aerospace has become more and more extensive. It was first used in aircraft manufacturing, which can reduce the weight of the aircraft and improve the flight efficiency.
This report aims to provide a comprehensive presentation of the global market for Thermosetting Carbon Fiber Reinforced Plastic study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Thermosetting Carbon Fiber Reinforced Plastic Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Thermosetting Carbon Fiber Reinforced Plastic Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Thermosetting Carbon Fiber Reinforced Plastic companies in 2021 (%)
The global Thermosetting Carbon Fiber Reinforced Plastic market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Epoxy Resin Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Thermosetting Carbon Fiber Reinforced Plastic include Teijin, Mitsubishi Rayon, SABIC, Toray Industries, SGL Group, Solvay, Hexcel, Formosa Plastics and A&P Technology, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Thermosetting Carbon Fiber Reinforced Plastic manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Thermosetting Carbon Fiber Reinforced Plastic Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Thermosetting Carbon Fiber Reinforced Plastic Market Segment Percentages, by Type, 2021 (%)
Epoxy Resin Type
Phenolic Resin Type
Polyimide Type
Others
Global Thermosetting Carbon Fiber Reinforced Plastic Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Thermosetting Carbon Fiber Reinforced Plastic Market Segment Percentages, by Application, 2021 (%)
Aerospace
Car
Architecture
Wind Power Industry
Others
Global Thermosetting Carbon Fiber Reinforced Plastic Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Thermosetting Carbon Fiber Reinforced Plastic Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thermosetting Carbon Fiber Reinforced Plastic revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Thermosetting Carbon Fiber Reinforced Plastic revenues share in global market, 2021 (%)
Key companies Thermosetting Carbon Fiber Reinforced Plastic sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Thermosetting Carbon Fiber Reinforced Plastic sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Teijin
Mitsubishi Rayon
SABIC
Toray Industries
SGL Group
Solvay
Hexcel
Formosa Plastics
A&P Technology
Hyosung
Nippon Graphite Fiber
Quickstep Technologies
Holding Company Composite (HCC)
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Thermosetting Carbon Fiber Reinforced Plastic Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Thermosetting Carbon Fiber Reinforced Plastic Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Thermosetting Carbon Fiber Reinforced Plastic Overall Market Size
2.1 Global Thermosetting Carbon Fiber Reinforced Plastic Market Size: 2021 VS 2028
2.2 Global Thermosetting Carbon Fiber Reinforced Plastic Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Thermosetting Carbon Fiber Reinforced Plastic Sales: 2017-2028
3 Company Landscape
3.1 Top Thermosetting Carbon Fiber Reinforced Plastic Players in Global Market
3.2 Top Global Thermosetting Carbon Fiber Reinforced Plastic Companies Ranked by Revenue
3.3 Global Thermosetting Carbon Fiber Reinforced Plastic Revenue by Companies
3.4 Global Thermosetting Carbon Fiber Reinforced Plastic Sales by Companies
3.5 Global Thermosetting Carbon Fiber Reinforced Plastic Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Thermosetting Carbon Fiber Reinforced Plastic Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Thermosetting Carbon Fiber Reinforced Plastic Product Type
3.8 Tier 1, Tier 2 and Tier 3 Thermosetting Carbon Fiber Reinforced Plastic Players in Global Market
3.8.1 List of Global Tier 1 Thermosetting Carbon Fiber Reinforced Plastic Companies
3.8.2 List of Global Tier 2 and Tier 3 Thermosetting Carbon Fiber Reinforced Plastic Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Thermosetting Carbon Fiber Reinforced Plastic Market Size Markets, 2021 & 2028
4.1.2 Epoxy Resin Type
4.1.3 Phenolic Resin Type
4.1.4 Polyimide Type
4.1.5 Others
4.2 By Type - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue & Forecasts
4.2.1 By Type - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2017-2022
4.2.2 By Type - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2023-2028
4.2.3 By Type - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue Market Share, 2017-2028
4.3 By Type - Global Thermosetting Carbon Fiber Reinforced Plastic Sales & Forecasts
4.3.1 By Type - Global Thermosetting Carbon Fiber Reinforced Plastic Sales, 2017-2022
4.3.2 By Type - Global Thermosetting Carbon Fiber Reinforced Plastic Sales, 2023-2028
4.3.3 By Type - Global Thermosetting Carbon Fiber Reinforced Plastic Sales Market Share, 2017-2028
4.4 By Type - Global Thermosetting Carbon Fiber Reinforced Plastic Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2021 & 2028
5.1.2 Aerospace
5.1.3 Car
5.1.4 Architecture
5.1.5 Wind Power Industry
5.1.6 Others
5.2 By Application - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue & Forecasts
5.2.1 By Application - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2017-2022
5.2.2 By Application - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2023-2028
5.2.3 By Application - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue Market Share, 2017-2028
5.3 By Application - Global Thermosetting Carbon Fiber Reinforced Plastic Sales & Forecasts
5.3.1 By Application - Global Thermosetting Carbon Fiber Reinforced Plastic Sales, 2017-2022
5.3.2 By Application - Global Thermosetting Carbon Fiber Reinforced Plastic Sales, 2023-2028
5.3.3 By Application - Global Thermosetting Carbon Fiber Reinforced Plastic Sales Market Share, 2017-2028
5.4 By Application - Global Thermosetting Carbon Fiber Reinforced Plastic Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2021 & 2028
6.2 By Region - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue & Forecasts
6.2.1 By Region - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2017-2022
6.2.2 By Region - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2023-2028
6.2.3 By Region - Global Thermosetting Carbon Fiber Reinforced Plastic Revenue Market Share, 2017-2028
6.3 By Region - Global Thermosetting Carbon Fiber Reinforced Plastic Sales & Forecasts
6.3.1 By Region - Global Thermosetting Carbon Fiber Reinforced Plastic Sales, 2017-2022
6.3.2 By Region - Global Thermosetting Carbon Fiber Reinforced Plastic Sales, 2023-2028
6.3.3 By Region - Global Thermosetting Carbon Fiber Reinforced Plastic Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2017-2028
6.4.2 By Country - North America Thermosetting Carbon Fiber Reinforced Plastic Sales, 2017-2028
6.4.3 US Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.4.4 Canada Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.4.5 Mexico Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2017-2028
6.5.2 By Country - Europe Thermosetting Carbon Fiber Reinforced Plastic Sales, 2017-2028
6.5.3 Germany Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.5.4 France Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.5.5 U.K. Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.5.6 Italy Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.5.7 Russia Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.5.8 Nordic Countries Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.5.9 Benelux Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2017-2028
6.6.2 By Region - Asia Thermosetting Carbon Fiber Reinforced Plastic Sales, 2017-2028
6.6.3 China Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.6.4 Japan Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.6.5 South Korea Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.6.6 Southeast Asia Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.6.7 India Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2017-2028
6.7.2 By Country - South America Thermosetting Carbon Fiber Reinforced Plastic Sales, 2017-2028
6.7.3 Brazil Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.7.4 Argentina Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Thermosetting Carbon Fiber Reinforced Plastic Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Thermosetting Carbon Fiber Reinforced Plastic Sales, 2017-2028
6.8.3 Turkey Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.8.4 Israel Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.8.5 Saudi Arabia Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
6.8.6 UAE Thermosetting Carbon Fiber Reinforced Plastic Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Teijin
7.1.1 Teijin Corporate Summary
7.1.2 Teijin Business Overview
7.1.3 Teijin Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.1.4 Teijin Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.1.5 Teijin Key News
7.2 Mitsubishi Rayon
7.2.1 Mitsubishi Rayon Corporate Summary
7.2.2 Mitsubishi Rayon Business Overview
7.2.3 Mitsubishi Rayon Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.2.4 Mitsubishi Rayon Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.2.5 Mitsubishi Rayon Key News
7.3 SABIC
7.3.1 SABIC Corporate Summary
7.3.2 SABIC Business Overview
7.3.3 SABIC Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.3.4 SABIC Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.3.5 SABIC Key News
7.4 Toray Industries
7.4.1 Toray Industries Corporate Summary
7.4.2 Toray Industries Business Overview
7.4.3 Toray Industries Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.4.4 Toray Industries Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.4.5 Toray Industries Key News
7.5 SGL Group
7.5.1 SGL Group Corporate Summary
7.5.2 SGL Group Business Overview
7.5.3 SGL Group Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.5.4 SGL Group Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.5.5 SGL Group Key News
7.6 Solvay
7.6.1 Solvay Corporate Summary
7.6.2 Solvay Business Overview
7.6.3 Solvay Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.6.4 Solvay Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.6.5 Solvay Key News
7.7 Hexcel
7.7.1 Hexcel Corporate Summary
7.7.2 Hexcel Business Overview
7.7.3 Hexcel Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.7.4 Hexcel Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.7.5 Hexcel Key News
7.8 Formosa Plastics
7.8.1 Formosa Plastics Corporate Summary
7.8.2 Formosa Plastics Business Overview
7.8.3 Formosa Plastics Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.8.4 Formosa Plastics Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.8.5 Formosa Plastics Key News
7.9 A&P Technology
7.9.1 A&P Technology Corporate Summary
7.9.2 A&P Technology Business Overview
7.9.3 A&P Technology Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.9.4 A&P Technology Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.9.5 A&P Technology Key News
7.10 Hyosung
7.10.1 Hyosung Corporate Summary
7.10.2 Hyosung Business Overview
7.10.3 Hyosung Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.10.4 Hyosung Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.10.5 Hyosung Key News
7.11 Nippon Graphite Fiber
7.11.1 Nippon Graphite Fiber Corporate Summary
7.11.2 Nippon Graphite Fiber Thermosetting Carbon Fiber Reinforced Plastic Business Overview
7.11.3 Nippon Graphite Fiber Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.11.4 Nippon Graphite Fiber Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.11.5 Nippon Graphite Fiber Key News
7.12 Quickstep Technologies
7.12.1 Quickstep Technologies Corporate Summary
7.12.2 Quickstep Technologies Thermosetting Carbon Fiber Reinforced Plastic Business Overview
7.12.3 Quickstep Technologies Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.12.4 Quickstep Technologies Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.12.5 Quickstep Technologies Key News
7.13 Holding Company Composite (HCC)
7.13.1 Holding Company Composite (HCC) Corporate Summary
7.13.2 Holding Company Composite (HCC) Thermosetting Carbon Fiber Reinforced Plastic Business Overview
7.13.3 Holding Company Composite (HCC) Thermosetting Carbon Fiber Reinforced Plastic Major Product Offerings
7.13.4 Holding Company Composite (HCC) Thermosetting Carbon Fiber Reinforced Plastic Sales and Revenue in Global (2017-2022)
7.13.5 Holding Company Composite (HCC) Key News
8 Global Thermosetting Carbon Fiber Reinforced Plastic Production Capacity, Analysis
8.1 Global Thermosetting Carbon Fiber Reinforced Plastic Production Capacity, 2017-2028
8.2 Thermosetting Carbon Fiber Reinforced Plastic Production Capacity of Key Manufacturers in Global Market
8.3 Global Thermosetting Carbon Fiber Reinforced Plastic Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Thermosetting Carbon Fiber Reinforced Plastic Supply Chain Analysis
10.1 Thermosetting Carbon Fiber Reinforced Plastic Industry Value Chain
10.2 Thermosetting Carbon Fiber Reinforced Plastic Upstream Market
10.3 Thermosetting Carbon Fiber Reinforced Plastic Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Thermosetting Carbon Fiber Reinforced Plastic Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Thermosetting Carbon Fiber Reinforced Plastic Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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