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Passenger air traffic growth is likely to promote innovation in aviation carbon fibre manufacturing, propelling the market throughout the forecast period.

The global aviation carbon fiber market is expected to grow from $2.26 billion in 2022 to $2.47 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The global aviation carbon fiber market size is expected to reach $3.37 billion in 2027 at a CAGR of 8.1%.

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Global Aviation Carbon Fiber Market Segments Include:

• By Type: Continuous, Long, Short
• By Raw Material: Pan-Based Carbon Fiber, Pitch-Based Carbon Fiber
• By End-Use: Commercial Aircraft, Military Aircraft
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global aviation carbon fiber market in 2021.

Major Market Players in the aviation carbon fiber market include Toray Industries Inc., Hexcel Corporation, Teijin Carbon Co. Ltd., SGL Carbon SE, DowDuPont Inc., Solvay S.A., BGF Industries Inc., Taekwang Industrial Co. Ltd., Weihai Tuozhan Fibers Co. Ltd.

Technological developments are a major trend that is gaining traction in the aviation carbon fibre market. To maintain their market position, companies in the aviation carbon fibre market are implementing innovative technologies in the fabrication of carbon fibre materials used in the aviation industry. For example, Hexcel Corporation, a US-based industrial materials business, will develop HexPEKK EM, a new carbon fibre material for 3D printing technology, in September 2020. HexPEKK EM is a high-performance thermoplastic carbon fibre composite material that outperforms standard carbon fibre materials in terms of impact resistance, durability, and strength-to-weight ratio. Furthermore, HexPEKK EM can endure high temperatures and is chemically robust, making it appropriate for usage in severe situations. The material is intended for use in aerospace applications such as aircraft interiors, engine components, and structural components.

The Aviation Carbon Fiber Global Market Report 2023  provides a aviation carbon fiber market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The aviation carbon fiber market forecast analyzes aviation carbon fiber market size, aviation carbon fiber market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The usage of carbon fibre composites in the manufacture of aircraft components is referred to as aviation carbon fibre. Carbon fibre is a form of sophisticated composite material that is lightweight and fuel-efficient while providing excellent strength, stiffness, and durability.

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