Mexico Carbon Fiber Market Size & Outlook, 2022-2030

The carbon fiber market in Mexico is expected to reach a projected revenue of US$ 322.9 million by 2030. A compound annual growth rate of 10.5% is expected of Mexico carbon fiber market from 2023 to 2030.
Revenue, 2022 (US$M)
$145.7
Forecast, 2030 (US$M)
$322.9
CAGR, 2023 - 2030
10.5%
Report Coverage
Mexico

Mexico carbon fiber market highlights

  • The Mexico carbon fiber market generated a revenue of USD 145.7 million in 2022 and is expected to reach USD 322.9 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 10.5% 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 145.7 million
Market revenue in 2030USD 322.9 million
Growth rate10.5% (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, Mexico accounted for 3.1% 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 North America, U.S. carbon fiber market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 1,616.6 million by 2030.

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Carbon Fiber Market Companies

Name Profile # Employees HQ Website

Mexico 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 96.23% in 2022. Horizon Databook has segmented the Mexico 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 Mexico 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Mexico carbon fiber market , including forecasts for subscribers. This country databook contains high-level insights into Mexico carbon fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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