Automotive Carbon Fiber Composites Parts Market Report 2026

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.

The surging demand for electric vehicles is significantly contributing to the growth of the automotive carbon fiber composite parts market in the coming years. Electric vehicles are vehicles equipped with an electric motor that draws power from a battery and can be charged externally. Carbon fiber composite parts are utilized in electric vehicles to reduce overall weight and, in turn, lower the vehicle’s energy consumption. For example, in November 2025, according to the International Council on Clean Transportation (ICCT), a U.S.-based nonprofit organization focused on sustainable transportation, electric vehicles accounted for 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 increasing adoption of electric vehicles is driving the expansion of the automotive carbon fiber composite parts market.

Major companies operating in the carbon fiber composite parts market are concentrating on developing advanced solutions, such as rapid integrated molding technology, to improve production efficiency and achieve component lightweighting. Rapid integrated molding technology simultaneously forms, thermosets, molds, and bonds a carbon fiber-reinforced foam core with a prepreg skin within a single mold, coordinating foam expansion with prepreg curing to enable faster manufacturing and reliable adhesive-free bonding. For example, in March 2023, Toray Industries, Inc., a Japan-based chemical industry company, introduced a rapid integrated molding process for CFRP mobility components. This technology enabled the manufacture 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 ten times faster than conventional autoclave methods. The molded panels demonstrated high mechanical performance, excellent strength, elastic modulus, and impact resistance, while being approximately half the weight of comparable steel components. This innovation supports lightweight vehicle design and helps extend the cruising range of electric vehicles by reducing component weight.

In November 2023, RECARO Automotive North America Inc., a U.S.-based manufacturer renowned for its high-quality automotive seats, acquired C12 Technology for an undisclosed amount. This strategic acquisition aims to strengthen RECARO's position in the premium performance seat market by utilizing C12 Technology's expertise in advanced material development and production techniques. C12 Technology specializes in providing software solutions tailored for the design and manufacturing of automotive carbon fiber composite parts, aligning well with RECARO's commitment to innovation and performance in its seating products.

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.

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. The countries covered in the automotive carbon fiber composites parts market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive carbon fiber composites parts market consists of sales of carbon fiber composite propeller shafts, carbon fiber composite monocoques, and carbon fiber composite upholstery. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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