North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market (2025-2031) | Analysis, Size, Outlook ,Trends, Companies, Revenue, Growth, Forecast, Value, Share & Industry

North America Carbon Fiber and Carbon Fiber Reinforced Plastic  Market Highlights

Report Name	North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market
Forecast Period	2025-2031
Market Size	30.5 billion By 2031
CAGR	13.4%
Growing Sector	Renewable Energy

Topics Covered in the North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Report

North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market report report thoroughly covers the market By Countries, By Source, By Precursor, By Resin, By end-Use Industry , By Manufacturing Process. The North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market report provides an unbiased and detailed analysis of the ongoing North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Size Analysis

North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market was valued at USD 15.1836 billion and is expected to reach USD 30.5 billion , growing at a CAGR of around 13.4% from 2025-2031. The growth of the market can be attributed to the increasing demand for renewable energy sources and the growing trend of lightweight materials in various industries such as aerospace, automotive, and construction.

North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Synopsis

North America  Carbon Fiber and Carbon Fiber Reinforced Plastic Market has experienced significant success and is expected to continue growing in the future. The market is emerging as a key player in the global carbon trading landscape. Driven by commitment of the country to reducing greenhouse gas emissions and combating climate change, the market is supported by regulatory frameworks and incentives. Key sectors include energy, agriculture, and forestry, with significant potential for growth in renewable energy projects.

According to 6Wresearch, North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market size is expected to grow at a significant CAGR of 13.4% during 2025-2031. The market is driven by factors such as the increasing demand for lightweight and high-strength materials, advancements in manufacturing processes, and government initiatives towards promoting sustainable development. Additionally, the use of carbon fiber in various applications such as wind turbines, electric vehicles, and aircraft has also contributed to the growth of the market.

Carbon Fiber and Carbon Fiber Reinforced Plastic Market in North America: Novel Trends

The North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market is witnessing several novel trends that are shaping the market landscape. One of the key trends is the increasing use of sustainable materials in various industries, driven by growing environmental concerns. This has led to a significant shift towards carbon fiber and carbon fiber reinforced plastic as they have a lower carbon footprint compared to traditional materials such as steel or aluminum.

Another trend observed in the market is the development of advanced manufacturing processes for carbon fiber, resulting in improved efficiency and cost-effectiveness. This has made carbon fiber more accessible and affordable for various applications, further driving its demand in the North American region.

Moreover, with the rise of renewable energy sources, there is an increasing demand for carbon fiber in wind turbine blades, as it provides a lighter and more durable alternative to traditional materials. This trend is expected to continue driving the growth of the North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market in the forecast period.

Investment Opportunities in North America Carbon Fiber and Carbon Fiber Reinforced Plastic Industry

The North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market offer promising investment opportunities for companies and investors. The region is witnessing a surge in the adoption of renewable energy sources, leading to increased demand for carbon fiber in wind turbine blades and other renewable energy applications.

Moreover, the automotive industry in North America is also embracing lightweight materials to reduce vehicle weight and improve fuel efficiency, creating a significant demand for carbon fiber and carbon fiber reinforced plastic. As the trend towards electric vehicles continues to grow, the market for these materials is expected to thrive even further.

Furthermore, government initiatives aimed at promoting sustainable development are providing incentives for companies to invest in advanced manufacturing processes for carbon fiber. This presents an opportunity for technology and equipment suppliers to enter the market and meet the growing demand for carbon fiber in various industries.

Leading Players Expanding the North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Share

Some of the key players operating in the North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market include Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, Hexcel Corporation, SGL Group, Teijin Limited, and Solvay SA. These companies are focusing on developing innovative products and expanding their market presence through collaborations and partnerships.

North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market is expected to continue its growth trajectory in the coming years. The increasing demand for sustainable materials, advancements in manufacturing processes, and government initiatives towards promoting renewable energy sources are driving the market's growth. With promising investment opportunities and key players expanding their market share, it is an exciting time for the North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market. So, it is the right time for companies and investors to capitalize on this growing market and be a part of its success story.

Government Regulations for Effective Market Performance

The North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market is heavily regulated by governments to ensure effective market performance. The US government, for instance, has set targets to reduce carbon emissions and promote the use of sustainable materials. It has also implemented various policies such as tax credits and subsidies to encourage companies to adopt carbon fiber in their operations.

Similarly, the Canadian government has introduced initiatives like the Clean Energy Fund and the Renewable Fuels Regulations, which aim to reduce greenhouse gas emissions and promote renewable energy sources. These regulations play a crucial role in driving the growth of the North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

US to Dominate the Market - By Countries

According to Dhaval, Research Manager, 6Wresearch, The US is expected to hold the largest revenue share in the North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market during the forecast period. This can be attributed to the presence of major market players, increasing investments in renewable energy sources, and supportive government initiatives promoting sustainable development.

Virgin to Dominate the Market - By Source

The virgin segment is expected to dominate the market, owing to its higher purity and lower cost compared to recycled carbon fiber. However, the recycled segment is also gaining traction due to its eco-friendliness and potential cost savings in certain applications.

PAN to Dominate the Market - By Precursor

The PAN precursor segment is expected to dominate the market, as it is widely used in the production of carbon fiber due to its superior properties such as high strength and stiffness. However, there is also a growing interest in pitch-based carbon fiber for its potential cost savings and improved electrical conductivity.

Thermosetting to Dominate the Market - By Resin

The thermosetting resin segment is expected to dominate the market, as it offers better mechanical properties and chemical resistance compared to thermoplastic resins. However, the thermoplastic segment is also gaining traction due to its recyclability and potential cost savings in certain applications.

Aerospace to Dominate the Market - By End-Use Industry

The aerospace and defense industry is expected to dominate the market, as carbon fiber is widely used in aircraft and military equipment due to its lightweight and high strength properties. However, the wind energy industry is also a significant contributor to the market's growth, driven by the increasing adoption of renewable energy sources.

Lay-Up to Dominate the Market - By Manufacturing Process

The lay-up manufacturing process is expected to dominate the market, as it offers a high level of customization and can produce complex shapes and designs. However, resin transfer molding and filament winding processes are also gaining popularity due to their cost-effectiveness and ability to produce high-quality parts. It is important for companies operating in this market to understand these key segments and their dominant categories to make informed business decisions.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Factors Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Outlook
• Market Size of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market, 202
• Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market, 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Revenues & Volume for the Period 2021- 2031
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Trend Evolution
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Drivers and Challenges
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Price Trends
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Porter's Five Forces
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Industry Life Cycle
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Source for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Virgin for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Recycled for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Source for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Virgin for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Recycled for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Source for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Virgin for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Recycled for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Precursor for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By PAN for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pitch for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Rayon for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Precursor for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By PAN for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pitch for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Rayon for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Precursor for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By PAN for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pitch for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Rayon for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Resin for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Thermosetting for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Thermoplastic for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Resin for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Thermosetting for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Thermoplastic for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Resin for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Thermosetting for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Thermoplastic for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By End-use Industry for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Aerospace & Defense for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Wind Energy for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Automotive for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Sporting Goods for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Civil Engineering for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pipe & Tank for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Marine for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By End-use Industry for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Aerospace & Defense for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Wind Energy for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Automotive for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Sporting Goods for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Civil Engineering for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pipe & Tank for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Marine for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By End-use Industry for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Aerospace & Defense for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Wind Energy for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Automotive for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Sporting Goods for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Civil Engineering for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pipe & Tank for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Marine for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Manufacturing Process for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Lay-up for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Resin Transfer Molding for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Filament Winding for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Compression Molding for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Injection Molding for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pultrusion for the Period 2021- 2031
• Historical Data and Forecast of North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Others for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Manufacturing Process for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Lay-up for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Resin Transfer Molding for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Filament Winding for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Compression Molding for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Injection Molding for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pultrusion for the Period 2021- 2031
• Historical Data and Forecast of United States Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Others for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Manufacturing Process for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Lay-up for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Resin Transfer Molding for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Filament Winding for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Compression Molding for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Injection Molding for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Pultrusion for the Period 2021- 2031
• Historical Data and Forecast of Canada Carbon Fiber and Carbon Fiber Reinforced Plastic Market Revenues & Volume By Others for the Period 2021- 2031
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Key Performance Indicators
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Import Export Trade Statistics
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Opportunity Assessment By Countries
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Opportunity Assessment By Source
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Opportunity Assessment By Precursor
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Opportunity Assessment By Resin
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Opportunity Assessment By End-use Industry
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Opportunity Assessment By Manufacturing Process
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Top Companies Market Share
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Top Companies Profiles
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Comparison of Players in Technical and Operating Parameters
• North America Carbon Fiber and Carbon Fiber Reinforced Plastic Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries

• United States
• Canada

By Source

• Virgin
• Recycled

By Precursor

• PAN
• Pitch
• Rayon

By Resin

• Thermosetting
• Thermoplastic

By End-Use Industry

• Aerospace & Defense
• Wind Energy
• Automotive
• Sporting Goods
• Civil Engineering
• Pipe & Tank
• Marine

By Manufacturing Process

• Lay-Up
• Resin Transfer Molding
• Filament Winding
• Compression Molding
• Injection Molding
• Pultrusion
• Others