U.S. Carbon Fiber Market Size & Outlook, 2024-2030

The carbon fiber market in the United States is expected to reach a projected revenue of US$ 1,616.6 million by 2030. A compound annual growth rate of 11.1% is expected of the United States carbon fiber market from 2025 to 2030.
Revenue, 2024 (US$M)
$859.0
Forecast, 2030 (US$M)
$1,616.6
CAGR, 2025 - 2030
11.1%
Report Coverage
U.S.

U.S. carbon fiber market highlights

  • The U.S. carbon fiber market generated a revenue of USD 859.0 million in 2024 and is expected to reach USD 1,616.6 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 11.1% 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.

Carbon fiber market data book summary

Market revenue in 2024USD 859.0 million
Market revenue in 2030USD 1,616.6 million
Growth rate11.1% (CAGR from 2025 to 2030)
Largest segmentPan
Fastest growing segmentPAN
Historical data2018 - 2023
Base year2024
Forecast period2025 - 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, U.S. accounted for 14.9% of the global carbon fiber market in 2024.
  • 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

U.S. 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 106.83% in 2024. Horizon Databook has segmented the U.S. 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 U.S. 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. carbon fiber market , including forecasts for subscribers. This country databook contains high-level insights into U.S. carbon fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

U.S. Carbon Fiber Market Outlook Share, 2024 & 2030 (US$M)

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

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