The carbon fiber market is projected to grow USD 7.1 billion in 2023 and is projected to reach USD 23.2 billion by 2033, at a CAGR of 13.2%, in terms of value, from 2023 to 2033. During the forecast period, the global carbon fiber market is expected to grow in the coming years, the demand for carbon fibers is on the rise across diverse end-use industries due unique properties and growing applications of carbon fibers. Industries such as Aerospace & Defense, Wind Energy, autmotive, pipes, sportin
carbon fiber market share (1)
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