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Carbon Fiber Wrap Market Size To Reach $3.0Bn By 2030

Carbon Fiber Wrap Market Size To Reach $3.0 Billion By 2030

April 2025 | Report Format: Electronic (PDF)

Carbon Fiber Wrap Market Growth & Trends

The global carbon fiber wrap market size is anticipated to reach USD 3.0 billion by 2030 and is projected to grow at a CAGR of 7.8% from 2025 to 2030, according to a new report by Grand View Research, Inc.The global market is experiencing notable growth, driven primarily by the increasing demand for lightweight, high-strength materials across various end-use industries. One of the major drivers is the rising adoption of carbon fiber wraps in the automotive and aerospace sectors, where weight reduction plays a critical role in improving fuel efficiency and performance. Carbon fiber wraps are extensively used to reinforce and protect structural components while simultaneously reducing overall weight without compromising strength. This is particularly important in high-performance vehicles and aircraft, where both durability and weight optimization are key operational priorities.

Another significant factor contributing to the market growth is the widespread use of carbon fiber wraps in construction and infrastructure rehabilitation. These materials are increasingly being employed to strengthen aging structures such as bridges, columns, beams, and pipelines due to their high tensile strength, corrosion resistance, and ease of application. As governments and private entities invest more in maintaining and upgrading existing infrastructure, the demand for carbon fiber wraps as a cost-effective and durable solution is on the rise. The technology allows for minimal downtime during repairs and offers long-lasting reinforcement, making it an attractive alternative to traditional strengthening materials.

The sports and recreation segment is playing a key role in expanding the carbon fiber wrap industry. The growing emphasis on performance enhancement and ergonomic design in sports equipment-ranging from bicycles and tennis racquets to hockey sticks and fishing rods-has led to increased incorporation of carbon fiber wraps. These products not only improve the performance and longevity of sports gear but also appeal to consumers due to their modern aesthetic and superior functional properties.

Ongoing technological advancements and innovation in manufacturing processes have made carbon fiber wraps more accessible and cost-effective. Developments such as the use of advanced resins, improved fabrication techniques, and better bonding agents are enhancing the performance and versatility of carbon fiber wraps across applications. These innovations are helping to expand the market into new domains, including renewable energy, marine, and defense, further accelerating overall market growth.

Increasing awareness of sustainability and environmental regulations is further driving the adoption of carbon fiber wraps across industries. With a global shift toward greener practices, companies are seeking materials that not only enhance performance but also contribute to energy efficiency and reduced emissions. Carbon fiber wraps, by enabling lighter structures and vehicles, help decrease fuel consumption and carbon footprints, aligning with environmental goals.

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Carbon Fiber Wrap Market Report Highlights

Based on resin type, the epoxy resin segment led the market with the largest revenue share of 68.52% in 2024, driven by its exceptional mechanical properties and versatility.
Based on end use, the construction & infrastructure segment led the market with the largest revenue share of 47.8% in 2024, driven by increasing demand for structural rehabilitation solutions for aging infrastructure.
Asia Pacific dominated the market with the largest revenue share of 44.8% in 2024, driven by rapid urbanization, infrastructure development, and industrial growth across emerging economies.