The United States Carbon Fiber Tows Market was valued at USD 567.8 million in 2024 and is projected to reach USD 845.6 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period (2024–2030). This growth is driven by surging demand from aerospace, defense, and renewable energy sectors, along with significant advancements in material science and manufacturing efficiency.
As industries increasingly adopt lightweight, high-strength composite materials, carbon fiber tows have become the backbone of modern engineering applications. In this blog, we analyze the Top 10 Companies in the United States Carbon Fiber Tows Industry—market leaders who are innovating production techniques and expanding capacity to meet evolving industrial demands.
🔟 1. Hexcel Corporation
Headquarters: Stamford, Connecticut, USA
Key Offering: High-performance carbon fiber tows (PAN-based)
Hexcel is a global leader in advanced composites, supplying carbon fiber tows for aerospace (50% of sales), industrial, and defense applications. Their proprietary technologies deliver superior strength-to-weight ratios and thermal stability.
Growth Initiatives:
- 2023 expansion of Utah production facility (40% capacity increase)
- $78M DoD contract for next-gen composite materials
- 35% reduction in production costs through automation
Download FREE Sample Report:
United States Carbon Fiber Tows Market – View in Detailed Research Report
9️⃣ 2. Toray Industries Inc.
Headquarters: Tokyo, Japan (Major US operations)
The United States Carbon Fiber Tows Market was valued at USD 567.8 million in 2024 and is projected to reach USD 845.6 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period (2024–2030). This growth is driven by surging demand from aerospace, defense, and renewable energy sectors, along with significant advancements in material science and manufacturing efficiency.
As industries increasingly adopt lightweight, high-strength composite materials, carbon fiber tows have become the backbone of modern engineering applications. In this blog, we analyze the Top 10 Companies in the United States Carbon Fiber Tows Industry—market leaders who are innovating production techniques and expanding capacity to meet evolving industrial demands.
🔟 1. Hexcel Corporation
Headquarters: Stamford, Connecticut, USA
Key Offering: High-performance carbon fiber tows (PAN-based)
Hexcel is a global leader in advanced composites, supplying carbon fiber tows for aerospace (50% of sales), industrial, and defense applications. Their proprietary technologies deliver superior strength-to-weight ratios and thermal stability.
Growth Initiatives:
- 2023 expansion of Utah production facility (40% capacity increase)
- $78M DoD contract for next-gen composite materials
- 35% reduction in production costs through automation
Download FREE Sample Report:
United States Carbon Fiber Tows Market – View in Detailed Research Report
9️⃣ 2. Toray Industries Inc.
Headquarters: Tokyo, Japan (Major US operations)
Key Offering: Torayca® carbon fiber tows (T700-T1100 grades)
Toray dominates 30% of the global carbon fiber market with its US subsidiary operating advanced production lines in Alabama and South Carolina, specializing in aerospace-grade fibers.
Growth Initiatives:
- 2024 $200M expansion of South Carolina facility
- Proprietary “Nanoalloy” technology for 25% stronger fibers
- Boeing 787 Dreamliner sole carbon fiber supplier
8️⃣ 3. Teijin Limited
Headquarters: Osaka, Japan (US HQ: Auburn Hills, MI)
Key Offering: Tenax® carbon fiber tows (PAN and pitch-based)
Teijin’s US operations focus on aerospace and automotive applications, with proprietary oxidation technology enabling faster production cycles.
Growth Initiatives:
- New $85M production line in South Carolina (2025 operational)
- Joint development with NASA for space-grade fibers
- 30 patents filed in 2023 for advanced fiber technologies
7️⃣ 4. Mitsubishi Chemical Carbon Fiber and Composites, Inc.
The United States Carbon Fiber Tows Market was valued at USD 567.8 million in 2024 and is projected to reach USD 845.6 million by 203极
