The Global CFRP Lightweight Component Market was valued at USD 20.5 Billion in 2025 and is projected to reach USD 38.7 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period. This robust growth is propelled by stringent global emissions regulations, the shift to electric vehicles requiring extended battery range, and the relentless pursuit of fuel efficiency in the aerospace industry, all demanding advanced lightweighting solutions.

As industries from automotive to aerospace undergo a materials revolution to meet sustainability and performance goals, the focus turns to the key composite manufacturers pioneering the future. In this blog, we profile the Top 10 Companies in the CFRP Lightweight Component Industry—a blend of established material science giants and innovative specialists shaping the next generation of lightweight structures.

---

🔟 1. SGL Carbon

Headquarters: Wiesbaden, Germany
Key Offering: Custom CFRP components, carbon fibers, composite materials

SGL Carbon is a global leader in carbon-based solutions, supplying high-performance CFRP components across automotive, aerospace, and industrial sectors. The company’s expertise ranges from carbon fiber production to the manufacturing of complex, finished composite parts, making it a key partner for OEMs seeking integrated lightweighting solutions.

Innovation & Sustainability Initiatives:

• Development of large-scale CFRP structures for automotive and wind energy

• Investment in sustainable production processes and recycling technologies

• Strategic partnerships with leading automotive OEMs for next-generation EVs

Download FREE Sample Report: CFRP Lightweight Component Market – View in Detailed Research Report

---

9️⃣ 2. Teijin Carbon

Headquarters: Tokyo, Japan
Key Offering: Tenax carbon fibers, thermoplastic & thermoset CFRP components

Through its Tenax carbon fibers and advanced composites business, Teijin Carbon is a dominant force in the global CFRP market. The company serves high-value segments like aerospace and premium automotive with a strong focus on developing thermoplastic CFRP solutions for high-volume manufacturing.

Innovation & Sustainability Initiatives:

• Pioneering recyclable thermoplastic CFRP technologies

• Expanding production capacity to meet soaring demand from the EV sector

---

8️⃣ 3. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: TORAYCA carbon fibers, advanced composite materials

Toray Industries is the world’s largest producer of carbon fibers by volume, supplying its TORAYCA products for a vast range of CFRP applications. The company is integral to major aerospace programs like the Boeing 787 and Airbus A350, providing materials that constitute over 50% of the airframe by weight.

Innovation & Sustainability Initiatives:

• Leading R&D in high-strength, high-modulus carbon fibers

• Strategic focus on reducing the cost of CFRP for mass-market automotive adoption

---

7️⃣ 4. Solvay

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

Solvay is a leading supplier of high-performance materials, including the advanced resins and polymers essential for CFRP manufacturing. Its product portfolio supports applications requiring extreme durability and heat resistance, particularly in aerospace and defense.

Innovation & Sustainability Initiatives:

• Development of sustainable resin systems and bio-based precursors

• Focus on circular economy principles for composite materials

Download FREE Sample Report: CFRP Lightweight Component Market – View in Detailed Research Report

---

6️⃣ 5. Hexcel Corporation

Headquarters: Stamford, Connecticut, USA
Key Offering: Carbon fibers, reinforcements, honeycomb structures, prepregs

Hexcel is a premier advanced composites company, specializing in lightweighting solutions for the commercial aerospace, space, and defense industries. Its high-performance materials are critical for primary structures in the world’s most advanced aircraft.

Innovation & Sustainability Initiatives:

• Expertise in Automated Fiber Placement (AFP) compatible materials

• Commitment to sustainable aviation through weight reduction

---

5️⃣ 6. Mitsubishi Chemical Carbon Fiber and Composites

Headquarters: Tokyo, Japan
Key Offering: Pyrofil carbon fibers, CFRP intermediates and components

Mitsubishi Chemical is a major global player in carbon fiber and composite materials. The company supplies a wide array of industries, with a growing emphasis on automotive applications, including pressure vessels for hydrogen storage in fuel cell vehicles.

Innovation & Sustainability Initiatives:

• Investment in carbon fiber recycling technologies

• Development of CFRP solutions for the hydrogen economy

---

4️⃣ 7. Gurit

Headquarters: Wattwil, Switzerland
Key Offering: CFRP core materials, engineering services, component kits

Gurit specializes in composite materials and engineering solutions, particularly for the wind energy and marine sectors. The company provides essential materials like core structures and prepregs used in the manufacture of massive wind turbine blades and lightweight marine crafts.

Innovation & Sustainability Initiatives:

• Focus on sustainable composite solutions for renewable energy

• Provision of integrated engineering and material supply chains

---

3️⃣ 8. Voith Composites

Headquarters: Heidenheim, Germany
Key Offering: High-volume CFRP components for automotive series production

Voith Composites is a specialist in the series production of lightweight CFRP components for the automotive industry. The company leverages advanced manufacturing processes like HP-RTM (High-Pressure Resin Transfer Molding) to produce structural parts at competitive costs and high volumes.

Innovation & Sustainability Initiatives:

• Expertise in automating CFRP production for automotive OEMs

• Development of lightweight battery enclosures for electric vehicles

---

2️⃣ 9. Mubea

Headquarters: Attendorn, Germany
Key Offering: CFRP suspension components, lightweight chassis systems

Building on its heritage as a spring manufacturer, Mubea has become a leader in lightweight CFRP components for vehicle suspension and chassis systems. The company’s products offer significant unsprung weight reduction, directly improving vehicle handling and efficiency.

Innovation & Sustainability Initiatives:

• Pioneering CFRP leaf springs and suspension arms for commercial vehicles

• Focus on functional integration and cost-effective lightweighting

---

1️⃣ 10. DYNEXA

Headquarters: Kaiserslautern, Germany
Key Offering: Automated CFRP manufacturing, prototyping, series production

DYNEXA is a technology leader in the automated, high-volume production of CFRP components. The company specializes in processes like AFP/ATL, enabling the efficient manufacturing of complex, large-scale parts for aerospace and automotive clients.

Innovation & Sustainability Initiatives:

• Advanced automation to reduce waste and production costs

• Rapid prototyping and scalable manufacturing solutions

Get Full Report Here: CFRP Lightweight Component Market – View in Detailed Research Report

---

🌍 Outlook: The Future of CFRP Lightweight Components Is Smarter and More Sustainable

The CFRP lightweight component market is undergoing a profound transformation. While high-performance sectors like aerospace continue to drive innovation, the most significant growth potential lies in high-volume applications, particularly in the automotive and renewable energy industries.

📈 Key Trends Shaping the Market:

• Accelerated adoption of thermoplastic CFRP for recyclability and faster cycle times

• Increased automation in manufacturing processes (AFP, RTM) to reduce costs

• Rising demand for CFRP in electric vehicle battery packs and chassis components

• Growing focus on developing cost-effective recycling and circular economy models for composites

Get Full Report Here: CFRP Lightweight Component Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials—they are fundamentally enabling the lightweight revolution across global transportation and energy sectors.