South Korea Carbon Thermoplastic Composites Market Size & Outlook
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South Korea carbon thermoplastic composites market highlights
- The South Korea carbon thermoplastic composites market generated a revenue of USD 182.8 million in 2025 and is expected to reach USD 422.8 million by 2033.
- The South Korea market is expected to grow at a CAGR of 11.2% from 2026 to 2033.
- In terms of segment, pan was the largest revenue generating raw material in 2025.
- PAN is the most lucrative raw material segment registering the fastest growth during the forecast period.
Carbon thermoplastic composites market data book summary
| Market revenue in 2025 | USD 182.8 million |
| Market revenue in 2033 | USD 422.8 million |
| Growth rate | 11.2% (CAGR from 2026 to 2033) |
| Largest segment | Pan |
| Fastest growing segment | PAN |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PAN, Pitch |
| Key market players worldwide | DowAksa, Solvay SA, Toray Industries Inc, SGL Carbon SE, Hexcel Corp, Teijin Ltd, Mitsubishi Chemical Group Corp, Gurit, Plasan Carbon Composites |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.5% of the global carbon thermoplastic composites market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China carbon thermoplastic composites market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 702.0 million by 2033.
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Carbon Thermoplastic Composites Market Scope
Carbon Thermoplastic Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SGL Carbon SE | View profile | 4753 | Sohnleinstrasse 8, Wiesbaden, Germany, 65201 | https://www.sglcarbon.com |
| Plasan Carbon Composites | View profile | 501-1000 | Walker, Michigan, United States, North America | http://www.PlasanCarbon.com |
| DowAksa | View profile | 101-250 | Istanbul, Istanbul, Turkey, Europe | http://www.dowaksa.com/ |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Gurit | View profile | 5001-10000 | Zürich, Zurich, Switzerland, Europe | http://www.gurit.com/ |
| Hexcel Corp | View profile | 5590 | 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 | https://www.hexcel.com |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
South Korea carbon thermoplastic composites 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 thermoplastic composites market will help companies and investors design strategic landscapes.
Pan was the largest segment with a revenue share of 106.84% in 2025. Horizon Databook has segmented the South Korea carbon thermoplastic composites market based on pan, pitch covering the revenue growth of each sub-segment from 2021 to 2033.
The growing collaboration between aerospace research institutes and industry players in South Korea fosters advancements in carbon thermoplastic composites for aircraft manufacturing. These partnerships enhance certification processes, ensuring materials meet stringent safety standards.
Technology exchanges between academic institutions and manufacturers are accelerating innovation in composite materials. As a result, the adoption of carbon thermoplastics in aircraft production is expanding.
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Target buyers of South Korea carbon thermoplastic composites market databook
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Our clientele includes a mix of carbon thermoplastic composites market companies, investment firms, advisory firms & academic institutions.
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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 South Korea carbon thermoplastic composites market , including forecasts for subscribers. This country databook contains high-level insights into South Korea carbon thermoplastic composites market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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South Korea carbon thermoplastic composites market size, by raw material, 2021-2033 (US$M)
South Korea Carbon Thermoplastic Composites Market Outlook Share, 2025 & 2033 (US$M)
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