The Global Carbon Fiber-Resin Composite Market was valued at USD 26.3 Billion in 2025 and is projected to reach USD 45.8 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2024–2030). This robust growth is fueled by escalating demand for lightweight, high-strength materials across aerospace, automotive, and wind energy sectors, coupled with significant advancements in thermoplastic resin technologies.

As industries worldwide prioritize fuel efficiency, emissions reduction, and performance enhancement, carbon fiber-resin composites have become the material of choice for next-generation applications. This blog profiles the Top 10 Companies in the Carbon Fiber-Resin Composite Industry—a group of chemical giants, materials specialists, and composite innovators shaping the future of lightweight engineering.

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🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: TORAYCA® carbon fibers, prepregs, composite structures

Toray is the world’s largest producer of carbon fibers, holding approximately 35% of the global market share. The company’s TORAYCA® brand is synonymous with high-performance composites used in commercial aircraft, including the Boeing 787 and Airbus A350, where over 50% of the airframe is composed of carbon fiber composites.

Innovation Initiatives:

• Mass production technology for intermediate-modulus carbon fibers

• Development of high-thermal resistance resins for aerospace

• Expansion of automotive composite applications through partnerships with major OEMs

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9️⃣ 2. Hexcel Corporation

Headquarters: Stamford, Connecticut, USA
Key Offering: Carbon fibers, woven fabrics, prepregs, adhesives

Hexcel is a leading advanced composites company with significant market presence in aerospace and industrial applications. The company supplies materials for virtually every major aerospace program and is expanding rapidly into wind energy and automotive markets with its tailored composite solutions.

Innovation Initiatives:

• HexPly® prepreg systems for automated manufacturing

• HexMC® molding compounds for high-volume applications

• Sustainable composite solutions with bio-based and recyclable materials

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8️⃣ 3. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Specialty polymers, composite materials, thermoplastic resins

Solvay is a global leader in advanced materials and specialty chemicals, with a strong portfolio of composite solutions for aerospace, automotive, and healthcare. The company’s expertise spans thermoset and thermoplastic composite systems, offering comprehensive material solutions for demanding applications.

Innovation Initiatives:

• CYCOM® and MTM® epoxy systems for aerospace

• Thermoplastic composites for automated manufacturing processes

• Circular economy programs for composite recycling and reuse

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Carbon Fiber-Resin Composite Market – View in Detailed Research Report

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7️⃣ 4. Teijin Limited

Headquarters: Tokyo, Japan
Key Offering: TENAX® carbon fibers, thermoplastic composites, Sereebo® materials

Teijin is a diversified technology company with strong positions in carbon fibers and composite materials. The company’s TENAX® carbon fibers are widely used in aerospace, automotive, and sporting goods, while their Sereebo® thermoplastic composites enable high-speed manufacturing for mass production applications.

Innovation Initiatives:

• Development of rapid-curing thermoplastic composites

• Carbon fiber recycling technology and closed-loop systems

• Expansion of automotive composite applications through joint ventures

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6️⃣ 5. Mitsubishi Chemical Carbon Fiber and Composites, Inc.

Headquarters: Tokyo, Japan
Key Offering: Pyrofil® carbon fibers, prepregs, molded components

Mitsubishi Chemical is a major player in the carbon fiber composite market, with comprehensive capabilities from raw material production to finished component manufacturing. The company serves diverse markets including aerospace, industrial, and recreational applications with high-performance material solutions.

Innovation Initiatives:

• Large-tow carbon fiber production for cost-sensitive applications

• Development of carbon fiber reinforced thermoplastics (CFRTP)

• Advanced molding technologies for complex composite structures

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5️⃣ 6. SGL Carbon

Headquarters: Wiesbaden, Germany
Key Offering: Carbon fibers, composite materials, custom components

SGL Carbon is one of Europe’s leading carbon specialists, offering a comprehensive portfolio of composite materials and solutions. The company has strong positions in automotive, aerospace, and industrial applications, with significant expertise in carbon fiber manufacturing and composite part production.

Innovation Initiatives:

• SIGRAPREG® prepreg systems for lightweight construction

• Automotive composite solutions for electric vehicle battery enclosures

• Sustainable production processes and recycling technologies

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4️⃣ 7. Hexion Inc.

Headquarters: Columbus, Ohio, USA
Key Offering: Epoxy resins, curing agents, composite formulations

Hexion is a global leader in thermoset resins, supplying essential materials for carbon fiber composite manufacturing. The company’s epoxy systems are critical components in aerospace composites, wind turbine blades, and automotive structural components, providing excellent mechanical properties and processing characteristics.

Innovation Initiatives:

• High-performance epoxy systems for aerospace applications

• Fast-curing resins for automotive composite production

• Sustainable resin technologies with bio-based content

Download FREE Sample Report:
Carbon Fiber-Resin Composite Market – View in Detailed Research Report

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3️⃣ 8. DSM Engineering Materials

Headquarters: Heerlen, Netherlands
Key Offering: Thermoplastic composites, high-performance polymers

DSM Engineering Materials (now part of Covestro) specializes in high-performance thermoplastic composites, offering innovative solutions for lightweight applications. The company’s portfolio includes continuous fiber reinforced thermoplastics that enable fast processing and excellent mechanical performance for automotive, electronics, and consumer goods.

Innovation Initiatives:

• EcoPaXX® bio-based polyamides for sustainable composites

• Continuous fiber reinforced thermoplastic (CFRTP) tape technology

• Advanced composite solutions for electric vehicle applications

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2️⃣ 9. Gurit Holding AG

Headquarters: Wattwil, Switzerland
Key Offering: Composite materials, engineering services, tooling systems

Gurit is a leading supplier of composite materials and engineering services, with strong positions in wind energy, marine, and transportation markets. The company offers comprehensive material systems including prepregs, adhesives, and core materials for composite manufacturing across diverse applications.

Innovation Initiatives:

• Advanced prepreg systems for wind turbine blade manufacturing

• Lightweight core materials for marine and transportation applications

• Sustainable composite solutions with reduced environmental impact

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1️⃣ 10. DowAksa Advanced Composites Holdings B.V.

Headquarters: Istanbul, Turkey
Key Offering: Carbon fibers, composite intermediates, technical services

DowAksa is a joint venture between Dow Chemical and Aksa Akrilik, focusing on carbon fiber and composite materials for industrial applications. The company leverages Dow’s chemical expertise and Aksa’s carbon fiber manufacturing capabilities to deliver cost-effective composite solutions for automotive, infrastructure, and energy markets.

Innovation Initiatives:

• Large-tow carbon fiber production for industrial applications

• Development of carbon fiber reinforced thermoplastic compounds

• Expansion of automotive composite applications in emerging markets

Get Full Report Here:
Carbon Fiber-Resin Composite Market – View in Detailed Research Report

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🌍 Outlook: The Future of Carbon Fiber-Resin Composites Is Lighter and Smarter

The carbon fiber-resin composite market is experiencing transformative growth as material technologies evolve to meet demanding performance requirements across industries. While traditional aerospace applications continue to drive innovation, emerging sectors like electric vehicles, renewable energy, and infrastructure are creating new growth opportunities.

📈 Key Trends Shaping the Market:

• Rapid adoption of thermoplastic composites for automated manufacturing

• Increasing demand for carbon fiber in electric vehicle lightweighting

• Development of sustainable and recyclable composite systems

• Advanced manufacturing technologies reducing production costs

Get Full Report Here:
Carbon Fiber-Resin Composite Market – View in Detailed Research Report

The companies profiled above are not only supplying advanced materials—they’re enabling the lightweight revolution across global industries, driving innovation in transportation, energy, and manufacturing through cutting-edge composite technologies.