Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "North America Automotive Carbon Fiber Market Outlook, 2030" has been added to ResearchAndMarkets.com's offering.
The North American Carbon Fiber Market is experiencing a notable upswing, largely propelled by the increasing demand for lightweight, high-strength materials in the aerospace and automotive sectors. This trend is underscored by the US Department of Energy's report that links lightweight vehicles with a 35% improvement in fuel efficiency. Industry giants such as Toray Industries and Hexcel Corporation are intensifying their production capabilities to keep pace with the growing adoption of carbon fiber-based materials. In Canada, the use of carbon fiber composites is on the rise, reflecting a broader regional trend.
The automotive sector in the United States is witnessing significant carbon fiber integration, especially within electric and hybrid vehicle segments, where weight reduction is critical for enhancing range and battery efficiency. Despite facing challenges like high production costs and limited capacities, the market is buoyed by supportive regulatory frameworks that encourage sustainable practices and innovative materials like carbon fiber.
Technological advancements and cost-effective production methods are broadening carbon fiber's application, once relegated to luxury models, allowing its use in mass-market vehicles. This is facilitated by processes such as automated fiber placement and resin transfer molding. Consequently, the penetration of carbon fiber into the performance and luxury vehicle segment is accelerating, meeting consumer preferences for high-performance and eco-friendly options.
Market drivers include mandates for improved fuel economy and emissions reduction, which position carbon fiber as a strategic material due to its high strength-to-weight ratio. Its role in the burgeoning electric vehicle sector is particularly noteworthy, as reducing vehicular weight is crucial for extending EV ranges. As the market adjusts to these dynamics, OEMs remain key players, leveraging advanced composite manufacturing capabilities to ensure the delivery of high-quality, cost-efficient components.
A notable growth area is Polyacrylonitrile (PAN) as a preferred material, underpinned by its performance benefits and cost-efficiency, aligning with market needs for lightweight, fuel-efficient vehicular designs. Meanwhile, the two-wheeler sector enjoys rapid growth, driven by the demand for high-performance components that enhance speed and efficiency.
As the United States leads in manufacturing capabilities and R&D investments, its automotive industry, featuring powerhouses like Ford, GM, and Tesla, is unlocking carbon fiber's potential in fuel-efficient and high-performance vehicles. Factors such as innovation in carbon fiber production techniques and investments in scalable manufacturing are poised to further cement North America's position as a leader in this evolving market.
The report covers historic year data from 2019, with forecasts extending to 2030. Detailed analysis is provided on market values, segments, drivers, challenges, and ongoing trends, along with profiles of top companies and strategic recommendations. Material and application segments focus on PAN and structural assembly, while OEM and Aftermarket sales channels are examined.
Key Topics Covered:
1. Executive Summary
2. Market Dynamics
2.1. Market Drivers & Opportunities
2.2. Market Restraints & Challenges
2.3. Market Trends
2.4. Supply chain Analysis
2.5. Policy & Regulatory Framework
2.6. Industry Experts Views
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Market Structure
4.1. Market Considerate
4.2. Assumptions
4.3. Limitations
4.4. Abbreviations
4.5. Sources
4.6. Definitions
5. Economic /Demographic Snapshot
6. North America Automotive Carbon Fiber Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Material
6.4. Market Size and Forecast, By Vehicle Type
6.5. Market Size and Forecast, By Application
6.6. Market Size and Forecast, By Sales Channel
6.7. United States Automotive Carbon Fiber Market Outlook
6.8. Canada Automotive Carbon Fiber Market Outlook
6.9. Mexico Automotive Carbon Fiber Market Outlook
7. Competitive Landscape
8. Strategic Recommendations
9. Annexure
10. Disclaimer
Companies mentioned
- Toray Industries Inc.
- Teijin Limited
- Mitsubishi Chemical Corporation.
- BASF SE
- Solvay SA
- Dow Inc.
- Saudi Basic Industries Corporation
- Nippon Steel Corporation
- 3M
- Saudi Aramco
- Gurit Holdings AG
- Carbon Revolution PLC
- Hexcel Corporation
- SGL Carbon SE
- Quickstep Holdings Limited
- DowAksa Advanced Composites Holdings BV
- Polynt Group S.A R.L.
For more information about this report visit https://www.researchandmarkets.com/r/ar4hqd
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