Aviation Carbon Fiber Market

By Raw Material;

PAN-Based Carbon Fiber and Pitch-Based Carbon Fiber

By Type;

Continuous, Long, and Short

By Application;

Commercial, Military, and Others

By End Market;

Commercial Aircraft, Business Jets, Military Aircraft, and Rotorcraft

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn273953182 Published Date: August, 2025 Updated Date: September, 2025

Aviation Carbon Fiber Market Overview

Aviation Carbon Fiber Market (USD Million)

Aviation Carbon Fiber Market was valued at USD 2,019.44 million in the year 2024. The size of this market is expected to increase to USD 4,219.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.1%.


Aviation Carbon Fiber Market

*Market size in USD million

CAGR 11.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.1 %
Market Size (2024)USD 2,019.44 Million
Market Size (2031)USD 4,219.18 Million
Market ConcentrationLow
Report Pages388
2,019.44
2024
4,219.18
2031

Major Players

  • Hexcel Corporation
  • SGL Carbon SE
  • Toray Industries Inc.
  • Toho Tenax (Tenjin Carbon)
  • Solvay
  • Bally Ribbon Mills
  • Zoltek Companies Inc.
  • Kureha Corporation
  • DowAksa LLC
  • Hengshen Co. Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Aviation Carbon Fiber Market

Fragmented - Highly competitive market without dominant players


The Aviation Carbon Fiber Market is experiencing strong growth as the industry increasingly relies on lightweight solutions for improved efficiency. Carbon fiber composites cut aircraft weight by nearly 20%, significantly boosting fuel savings and overall performance. With efficiency driving aviation innovation, carbon fiber is now essential in aerospace engineering.

Fuel Efficiency and Environmental Priorities
Sustainability targets and emission reduction strategies are accelerating the adoption of carbon fiber. By lowering aircraft weight, these materials enhance fuel performance, reducing fuel consumption by nearly 15%. This aligns perfectly with the aviation sector’s commitment to cleaner and more eco-friendly operations.

Superior Strength-to-Weight Ratio
Carbon fiber offers unmatched strength and durability, making it a key component in modern aircraft. Around 30% of aircraft components are built with carbon fiber composites, highlighting their role in structural integrity and long-term reliability. This material not only enhances performance but also reduces lifecycle maintenance requirements.

Innovation in Manufacturing Processes
Advances in production technologies and resin development are fueling wider use of carbon fiber. Automation and faster curing systems have boosted efficiency by over 25%, allowing large-scale integration of composites. These breakthroughs are ensuring higher quality, improved consistency, and faster adoption in aviation projects.

Expanding Market Potential
With more than 40% of next-generation aircraft incorporating advanced composites, the aviation carbon fiber market is positioned for strong expansion. Continuous R&D investments and industry collaborations are driving innovation, solidifying carbon fiber’s role as a key enabler of aviation’s sustainable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Raw Material
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Market
    5. Market Snapshot, By Region
  4. Aviation Carbon Fiber Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Demand for Lightweight Aircraft
        2. Stringent Environmental Regulations
        3. Technological Advancements in Manufacturing
        4. Increasing Adoption of Composite Materials
        5. Rising Aircraft Production Rates
      2. Restraints
        1. High Cost of Carbon Fiber
        2. Limited Supply Capacity
        3. Complex Regulatory Compliance
        4. Environmental Impact of Production
        5. Concerns Regarding Durability and Maintenance
      3. Opportunities
        1. Rising Demand for Fuel-Efficient Aircraft
        2. Expansion of Next-Generation Aircraft Programs
        3. Technological Advancements in Carbon Fiber Manufacturing
        4. Emerging Markets and Regional Aircraft Segment
        5. Diversification of Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Aviation Carbon Fiber Market, By Raw Material, 2021 - 2031 (USD Million)
      1. PAN-Based Carbon Fiber
      2. Pitch-Based Carbon Fiber
    2. Aviation Carbon Fiber Market, By Type, 2021 - 2031 (USD Million)
      1. Continuous
      2. Long
      3. Short
    3. Aviation Carbon Fiber Market, By Application, 2021 - 2031 (USD Million)
      1. Commercial Fixed-Wing Aircraft
      2. Military Fixed-Wing Aircraft
      3. Rotorcraft
    4. Aviation Carbon Fiber Market, By End Market, 2021 - 2031 (USD Million)
      1. Commercial Aircraft
      2. Business Jets
      3. Military Aircraft
      4. Rotorcraft
    5. Aviation Carbon Fiber Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hexcel Corporation
      2. SGL Carbon SE
      3. Toray Industries Inc.
      4. Toho Tenax (Tenjin Carbon)
      5. Solvay
      6. Bally Ribbon Mills
      7. Zoltek Companies Inc.
      8. Kureha Corporation
      9. DowAksa LLC
      10. Hengshen Co. Ltd.
  7. Analyst Views
  8. Future Outlook of the Market