Global Carbon Fiber Tape Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Prepreg Tape and Dry Tape.

By Resin;

Epoxy, Polyamide, Bismaleimide, Thermoplastic Resin, and Other Resins.

By Manufacturing Process;

Hot Melt Process and Solvent Dip Process.

By End-Use Industry;

Aerospace, Marine, Pipe & Tank, Sporting Goods, Construction & Infrastructure, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn104969864 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Carbon Fiber Tape Market (USD Million), 2021 - 2031

In the year 2024, the Global Carbon Fiber Tape Market was valued at USD 3,931.96 million. The size of this market is expected to increase to USD 7,909.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.5%.

The global carbon fiber tape market has witnessed substantial growth in recent years, fueled by increasing demand across a diverse range of industries. Carbon fiber tapes, known for their exceptional strength, lightweight nature, and corrosion resistance, have become integral components in various applications such as aerospace, automotive, wind energy, sports equipment, and construction. This surge in demand can be attributed to the escalating need for high-performance materials that offer superior mechanical properties while maintaining a reduced weight profile. The market has also been bolstered by advancements in manufacturing technologies, enabling the production of carbon fiber tapes with enhanced properties and cost-efficiency.

Key players in the global carbon fiber tape market are continually investing in research and development initiatives to innovate new products and enhance existing ones, thereby expanding their market presence and catering to evolving consumer requirements. Additionally, the adoption of carbon fiber tapes in the automotive sector, particularly for lightweighting purposes to improve fuel efficiency and reduce emissions, has significantly contributed to market growth. Moreover, the burgeoning renewable energy sector, coupled with the increasing deployment of wind turbines and the construction of lightweight yet durable components, has further propelled the demand for carbon fiber tapes.

Despite the promising growth prospects, the global carbon fiber tape market faces challenges such as high production costs and limited availability of raw materials. The intricate manufacturing process involved in producing carbon fiber tapes, along with the relatively high costs associated with carbon fibers, pose constraints to market expansion. Furthermore, fluctuating prices of precursor materials and environmental concerns related to the production of carbon fibers could potentially hinder market growth. Nevertheless, strategic collaborations, technological innovations, and investments in sustainable manufacturing processes are anticipated to mitigate these challenges and drive the continued advancement of the global carbon fiber tape market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Resin
    3. Market Snapshot, By Manufacturing Process
    4. Market Snapshot, By End-Use Industry
    5. Market Snapshot, By Region
  4. Global Carbon Fiber Tape Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweighting
        2. High strength-to-weight ratio
        3. Aerospace industry growth
        4. Automotive lightweighting initiatives
      2. Restraints
        1. High production costs
        2. Limited availability of raw materials
        3. Fluctuating prices of precursor materials
        4. Environmental concerns related to production
      3. Opportunities
        1. Advancements in manufacturing processes
        2. Increasing adoption in emerging economies
        3. Growth of the electric vehicle market
        4. Expansion of the renewable energy sector
    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. Global Carbon Fiber Tape Market, By Form, 2021 - 2031 (USD Million)
      1. Prepreg Tape
      2. Dry Tape
    2. Global Carbon Fiber Tape Market, By Resin, 2021 - 2031 (USD Million)
      1. Epoxy
      2. Polyamide
      3. Bismaleimide
      4. Thermoplastic Resin
      5. Other Resins
    3. Global Carbon Fiber Tape Market, By Manufacturing Process, 2021 - 2031 (USD Million)
      1. Hot Melt Process
      2. Solvent Dip Process
    4. Global Carbon Fiber Tape Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Aerospace
      2. Marine
      3. Pipe & Tank
      4. Sporting Goods
      5. Construction & Infrastructure
      6. Others
    5. Global Carbon Fiber Tape 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
        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. Royal Tencate
      2. Saudi Basic Industries Corporation (SABIC)
      3. Evonik Industries
      4. Zoltek Corporation
      5. Solvay
      6. Mitsubishi Rayon Carbon Fiber and Composites
      7. Hexcel Corporation
      8. Teijin Limited
      9. SGL Group
      10. Royal DSM
      11. 3M
  7. Analyst Views
  8. Future Outlook of the Market