Global Carbon Fiber Demand Accelerates as Aerospace, Automotive, and Clean-Energy Sectors Drive Record Growth
The global carbon fiber market is poised for robust expansion, rising from $5.3 billion in 2025 to $8.2 billion by 2030 at a compound annual growth rate of 9.1 percent. Surging demand from aerospace for lighter aircraft structures, automotive lightweighting in electric vehicles, expanding offshore wind installations, and hydrogen storage pressure vessels is fueling this … Read more