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Automotive Carbon Fiber Composites Parts Market Revenue Outlook: What CAGR Lies Ahead Through 2030?
The automotive carbon fiber composites parts market size has grown rapidly in recent years. It will grow from $26.34 billion in 2025 to $30.44 billion in 2026 at a compound annual growth rate (CAGR) of 15.6%. The growth in the historic period can be attributed to vehicle lightweighting initiatives, motorsports material adoption, premium vehicle manufacturing, composite material advancements, fuel efficiency regulations.
The automotive carbon fiber composites parts market size is expected to see rapid growth in the next few years. It will grow to $53.92 billion in 2030 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to electric vehicle range optimization, carbon emission regulations, advanced manufacturing scale-up, battery safety requirements, cost reduction in composites. Major trends in the forecast period include increasing use in lightweight vehicle design, expansion of ev structural components, adoption of advanced resin systems, growth of battery housing applications, focus on structural strength.
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Automotive Carbon Fiber Composites Parts Market Industry Drivers: What’s Behind The Revenue Growth?
Surging demand for electric vehicles is significantly contributing to the automotive carbon fiber composites parts market going forward. Electric vehicles refer to vehicles that have an electric motor capable of drawing power from a battery and having the ability to receive external charging. Parts made from carbon fiber composites are used in electric vehicles to reduce weight and, in turn, minimize the vehicle’s energy consumption. For instance, in November 2025, according to the International Council on Clean Transportation (ICCT), a U.S.-based nonprofit organization focused on sustainable transportation, electric vehicles represented 10.5% of new light-duty vehicle sales in the United States, with more than 1.2 million EVs sold during the first three quarters of 2025. Therefore, the rising adoption of electric vehicles is driving the growth of the automotive carbon fiber composite parts market.
Automotive Carbon Fiber Composites Parts Market Segmentation: How Does The Market Break Down By Category?
The automotive carbon fiber composites parts market covered in this report is segmented –
1) By Type: Brake Discs, Battery Housing, Mirror Housing, Chassis, Pillars, Other Types
2) By Resin: Thermoplastic, Thermoset
3) By Application: Original Equipment Manufacturer (OEM), Aftermarket
Subsegments:
1) By Brake Discs: Solid Brake Discs, Ventilated Brake Discs
2) By Battery Housing: EV Battery Enclosures, Hybrid Battery Housing
4) By Mirror Housing: Side Mirror Casings, Rearview Mirror Casings
5) By Chassis: Structural Chassis Components, Lightweight Chassis Frames
6) By Pillars: A-Pillars, B-Pillars, C-Pillars
7) By Other Types: Body Panels, Interior Components, Structural Reinforcements
Automotive Carbon Fiber Composites Parts Market Transformation Trends: What Innovations Are Driving Change?
Major companies operating in the carbon fiber composites parts market are focusing on developing advanced solutions, such as rapid integrated molding technology, to enhance production efficiency and component lightweighting. Rapid integrated molding technology simultaneously shapes, thermosets, molds, and bonds a carbon fiber-reinforced foam core with a prepreg skin in a single mold, synchronizing the foam expansion with prepreg curing to enable faster production and reliable adhesive-free bonding. For instance, in March 2023, Toray Industries, Inc., a Japan-based chemical industry company, launched a rapid integrated molding process for CFRP mobility components. The technology enabled the production of a large automobile roof panel measuring 1.2 meters by 1.2 meters with a thickness of 2.3 millimeters in just five minutes, which is 10 times faster than conventional autoclave methods. The molded panels achieved high mechanical properties, excellent strength, elastic modulus, and impact resistance, and were about half the weight of equivalent steel parts. This innovation supports lightweight vehicle design and contributes to extending the cruising range of electric vehicles by reducing component weight.
Automotive Carbon Fiber Composites Parts Market Competitive Overview And Top Companies
Major companies operating in the automotive carbon fiber composites parts market report include Plasan Carbon Composites Inc., Faurecia SE, Toray Industries Inc., Mitsubishi Chemical Carbon Fiber and Composites, SGL Carbon, Composite Resources Inc., Hexcel Corporation, Teijin Limited, BUCCI COMPOSITES S.p.A., CBS Composites, Cobra Advanced Composites Co. Ltd., TOPKEY Excellence In Composites, Action Composite Technology Limited, Zhongfu Shenying Carbon Fiber Xining Co. Ltd., Martec Spa, Gigante Technologies Pvt. Ltd., Cytec Industries Incorporated, ACP Composites Inc., Clearwater Composites LLC, Owens Corning, HITCO Carbon Composites Inc., Polar Manufacturing Limited, Rock West Composites Inc., Zoltek Companies Inc., Gurit Holding AG, Solvay S.A., Continental Structural Plastics Inc., Magna International Inc., Toho Tenax Co. Ltd., Formtech Composite Limited, Quantum Composites Inc., PlastiComp Inc., TenCate Advanced Composites, Fiberforge Corporation, Albany Engineered Composites Inc., BASF SE, DSM Composite Resins AG
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Automotive Carbon Fiber Composites Parts Market Regional Split: Which Areas Are Fueling Growth?
Europe was the largest region in the automotive carbon fiber composites parts market in 2025. The regions covered in the automotive carbon fiber composites parts market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
