Japan Carbon Fiber Market Size & Outlook, 2022-2030

The carbon fiber market in Japan is expected to reach a projected revenue of US$ 1,515.2 million by 2030. A compound annual growth rate of 11.2% is expected of Japan carbon fiber market from 2023 to 2030.
Revenue, 2022 (US$M)
$647.0
Forecast, 2030 (US$M)
$1,515.2
CAGR, 2023 - 2030
11.2%
Report Coverage
Japan

Japan carbon fiber market highlights

  • The Japan carbon fiber market generated a revenue of USD 647.0 million in 2022 and is expected to reach USD 1,515.2 million by 2030.
  • The Japan market is expected to grow at a CAGR of 11.2% from 2023 to 2030.
  • In terms of segment, pan was the largest revenue generating raw material in 2022.
  • PAN is the most lucrative raw material segment registering the fastest growth during the forecast period.


Carbon fiber market data book summary

Market revenue in 2022USD 647.0 million
Market revenue in 2030USD 1,515.2 million
Growth rate11.2% (CAGR from 2022 to 2030)
Largest segmentPan
Fastest growing segmentPAN
Historical data2018 - 2021
Base year2022
Forecast period2023 - 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, Japan accounted for 13.9% of the global carbon fiber market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan carbon fiber market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,069.6 million by 2030.

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Carbon Fiber Market Companies

Name Profile # Employees HQ Website

Japan 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 96% in 2022. Horizon Databook has segmented the Japan carbon fiber market based on pan, pitch covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Japan carbon fiber market databook

  • 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan carbon fiber market , including forecasts for subscribers. This country databook contains high-level insights into Japan carbon fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Japan carbon fiber market size, by raw material, 2018-2030 (US$M)

Japan Carbon Fiber Market Outlook Share, 2022 & 2030 (US$M)

Japan carbon fiber market size, by raw material, 2018-2030 (US$M)

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