Europe Carbon Fiber Market Size & Outlook, 2024-2030

The carbon fiber market in Europe is expected to reach a projected revenue of US$ 3,498.8 million by 2030. A compound annual growth rate of 11.4% is expected of Europe carbon fiber market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,830.7
Forecast, 2030 (US$M)
$3,498.8
CAGR, 2025 - 2030
11.4%
Report Coverage
Europe

Europe carbon fiber market highlights

  • The Europe carbon fiber market generated a revenue of USD 1,830.7 million in 2024.
  • The market is expected to grow at a CAGR of 11.4% from 2025 to 2030.
  • In terms of segment, pan was the largest revenue generating raw material in 2024.
  • PAN is the most lucrative raw material segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.

Europe data book summary

Market revenue in 2024USD 1,830.7 million
Market revenue in 2030USD 3,498.8 million
Growth rate11.4% (CAGR from 2025 to 2030)
Largest segmentPan
Fastest growing segmentPAN
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPAN, Pitch
Key market players worldwideDowAksa, Formosa Plastics Group, Hexcel Corp, Jiangsu Hengli Hydraulic, Mitsubishi Chemical Group Corp, SGL Group, Solvay SA, Teijin Ltd, Toray Industries Inc, A & P Technology, ENF Solar, Hyosung Advanced Materials, Nippon Graphite Fiber

Other key industry trends

  • In terms of revenue, Europe region accounted for 31.9% of the global carbon fiber market in 2024.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Europe is the fastest growing regional market and is projected to reach USD 3,498.8 million by 2030.

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Carbon Fiber Market Companies

Name Profile # Employees HQ Website

Europe carbon fiber market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon fiber market will help companies and investors design strategic landscapes.


Pan was the largest segment with a revenue share of 108.01% in 2024. Horizon Databook has segmented the Europe carbon fiber market based on pan, pitch covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of carbon fiber market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe carbon fiber market , including forecasts for subscribers. This continent databook contains high-level insights into Europe carbon fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe carbon fiber market size, by country, 2018-2030 (US$M)

Europe Carbon Fiber Market Outlook Share, 2024 & 2030 (US$M)

Europe carbon fiber market size, by country, 2018-2030 (US$M)

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