Carbon Fiber Wrap Market Research Report - Forecast to 2027

Carbon Fiber Wrap Market Information: By Type of Lay-Up (Wet Lay-Up and Pre-Impregnated Lay-Up), End-Use Industry (Automotive, Consumer Goods, Construction, Sports, Aerospace & Defense, Wind Energy), and Region- Global Forecast To 2027

ID: MRFR/CnM/0393-HCR | February 2021 | Region: Global | 140 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Overview: Carbon Fiber is composed of carbon atoms that are bonded together to form a long chain having a diameter of 5-10 µm.  The carbon atoms are bonded together in microscopic crystals that are mostly aligned parallel to the long axis of fiber. The crystal alignment makes the fiber incredibly strong for its size, which enables its several applications where high strength-weight ratio is required. Besides this, carbon fiber also shows several properties, such as excellent durability & impact resistance, high chemical resistance, low CTE (Coefficient of Thermal Expansion), X-ray transparency, low thermal and electrical conductivity, dampens sound by absorbing sound waves, and design flexibility.


Carbon Fiber Wrap is one of the form of applying Carbon Fiber. Global Carbon Fiber Wrap Market has witnessed a prospective growth in the past decade. Owing to the unique properties exhibited by carbon fiber, carbon fiber wrap has several applications in automobiles, consumer electronics, sports components, concrete structures, wind turbines, aerospace & defense, and others. Automobiles, consumer electronics, and sports components use carbon fiber wrap in the form of prepreg or sticker to modify the existing look while giving it a stylish new look. The rapid development in the sports industry has increased the demand for carbon fiber wrap, which has been a major driving factor. The automotive industry is considered the fastest growing application sector. Construction industry uses carbon fiber wraps to strengthen the concrete structure by simply wrapping the degraded parts with carbon fiber wraps by wet lay-up process. Carbon fiber wraps are a cost-effective and innovative solution for restoring the world’s infrastructure. Besides this, other end-user sectors such as wind energy, aerospace & defense, offshore are also taking advantage of the properties and design possibilities of carbon fiber wraps. However, a major restraint to the global carbon fiber wrap market is the high price of carbon fiber, and the long production cycle.


Global Carbon Fiber Wrap Market, by End-Use Industry 2017, (%)


Carbon Fiber Wrap Market Source: MRFR Analysis


Market Segmentation The global carbon fiber wrap market is segmented based on type of lay-up process, end-use industry, and region.


On the basis of the type of lay-up, the global carbon wrap market is segmented into wet carbon fiber lay-up and pre-impregnated carbon fiber lay-up


On the basis of the end-use industry, the global carbon fiber wrap market is segmented into automobile, consumer goods, construction, sports, aerospace & defense, wind energy, and others.


On the basis of the region, the global carbon fiber wrap market is segmented into Asia Pacific, North America, Europe, Latin America, and Middle East and Africa.


Regional Analysis


The global carbon fiber wrap market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Geographically, Europe emerged as the largest market for carbon fiber wrap in 2017, followed by Asia Pacific, Middle East, and North America. In Europe, carbon fiber wrap market is estimated to have steady growth on account of robust presence of automotive manufacturers, specifically in Italy, U.K., Germany, Spain, France, and Russia. Asia Pacific is estimated to witness healthy growth over the forecast period, during 2017 to 2027. The demand for carbon fiber wraps is estimated to raise in various economies of Asia Pacific such as China, India, Japan, Taiwan, Malaysia, Thailand, Singapore, Australia, and South Korea. The major market driver in Asia Pacific is the consumer preference of carbon fiber wrap-based automobiles parts, such as car hood, rear wing, car interiors, motorcycle, laptops, and mobiles, and sporting materials, such as golf shafts, racquets, skis, snowboards, hockey sticks, fishing rods, bats, and bicycles. Furthermore, rapid commercial construction activities to support the growing economies of developing countries provide a major boost to the carbon fiber wrap market. The North America carbon fiber wrap market is projected to witness above-average growth with a healthy CAGR over the assessment period due to the strong growth of aerospace industry along with increasing commercial construction activities in this region. In North America the market is further categorized into Canada and U.S, among which, the U.S accounted for more than half of the total regional market share of carbon fiber wrap on account of large defense budget along with high adoption rate from aerospace industry. Furthermore, various countries of Latin America and the Middle East & Africa are expected to witness above-average growth in carbon fiber wrap on account of increasing disposable income and increasing in sales of passenger cars, specifically in Brazil and Mexico as well as growing institutional, commercial, and residential construction activities in Saudi Arabia, Kuwait, Qatar, and UAE.


Key Players


The prominent players of the global carbon fiber wrap market are 3M, DowAksa, SGL Group – The Carbon Company, Cytec Solvay Group, AXEVINYL, Sika group, Metrorestyling.com, Grafityp UK Limited, Slickwraps, Inc., Rvinyl.com, Inc., Vartega Inc., Mitsubishi Chemical Carbon Fiber and Composites, Inc., and TORAY INDUSTRIES, INC.


Intended Audience



  • Carbon fiber wrap market manufacturers

  • Traders and distributors of carbon fiber wrap

  • Production process industries

  • Potential Investors

  • Raw material suppliers

  • Nationalized laboratory 



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant value
  CAGR   2019–2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, End-Use Industry, Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   3M, DowAksa, SGL Group – The Carbon Company, Cytec Solvay Group, AXEVINYL, Sika group, Metrorestyling.com, Grafityp UK Limited, Slickwraps, Inc., Rvinyl.com, Inc., Vartega Inc., Mitsubishi Chemical Carbon Fiber and Composites, Inc., and TORAY INDUSTRIES, INC.
  Key Market Opportunities   A major restraint to the global carbon fiber wrap market is the high price of carbon fiber, and the long production cycle.
  Key Market Drivers

  • The rapid development in the sports industry.
  • The automotive industry is considered the fastest growing application sector


  • Frequently Asked Questions (FAQ) :


    The type of lay-up studied for the carbon fiber wrap market are wet carbon fiber lay-up and pre-impregnated carbon fiber lay-up.

    North America will dominate the carbon fiber wrap market.

    The US will dominate the carbon fiber wrap market in North America.

    The players mentioned in the carbon fiber wrap market are DowAksa, SGL Group – The Carbon Company, 3M, AXEVINYL, Mitsubishi Chemical Carbon Fiber and Composites, Inc., Cytec Solvay Group, Metrorestyling.com, Sika group, Slickwraps, Inc., Grafityp UK Limited, Vartega Inc., Rvinyl.com, Inc., and TORAY INDUSTRIES, INC.

    The carbon fiber wrap market report includes industries like consumer electronics, aerospace & defense, automobiles, concrete structures, wind turbines, sports components, and others.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of new entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Bargaining power of suppliers

    4.1.4 Threat of substitutes

    4.1.5 Rivalry

    4.2 Value Chain/Supply Chain of Global Carbon Fiber Wrap Market

    5 Industry Overview of Global Carbon Fiber Wrap Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Global Carbon Fiber Wrap Market, by Type of Lay-up

    7.1 Introduction

    7.2 Wet carbon fiber lay-up

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Pre-impregnated carbon fiber lay-up

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    8. Global Carbon Fiber Wrap Market, by End-use Industry

    8.1 Introduction

    8.2 Automobiles

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Region, 2020-2027

    8.3 Consumer goods

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Region, 2020-2027

    8.4 Construction

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Region, 2020-2027

    8.5 Aerospace & Defense

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast by Region, 2020-2027

    8.6 Sports

    8.6.1 Market Estimates & Forecast, 2020-2027

    8.6.2 Market Estimates & Forecast by Region, 2020-2027

    8.7 Wind energy

    8.7.1 Market Estimates & Forecast, 2020-2027

    8.7.2 Market Estimates & Forecast by Region, 2020-2027

    8.8 Others

    8.8.1 Market Estimates & Forecast, 2020-2027

    8.8.2 Market Estimates & Forecast by Region, 2020-2027

    9. Global Carbon Fiber Wrap Market, by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.2.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.2.4 US

    9.2.4.1 Market Estimates & Forecast, 2020-2027

    9.2.4.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.2.4.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.2.5 Canada

    9.2.5.1 Market Estimates & Forecast, 2020-2027

    9.2.5.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.2.5.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.3.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast, 2020-2027

    9.3.4.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.3.4.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.3.5. France

    9.3.5.1 Market Estimates & Forecast, 2020-2027

    9.3.5.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.3.5.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.3.6 Italy

    9.3.6.1 Market Estimates & Forecast, 2020-2027

    9.3.6.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.3.6.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.3.7 Spain

    9.3.7.1 Market Estimates & Forecast, 2020-2027

    9.3.7.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.3.7.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.3.8 UK

    9.3.8.1 Market Estimates & Forecast, 2020-2027

    9.3.8.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.3.8.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.3.9 Russia

    9.3.9.1 Market Estimates & Forecast, 2020-2027

    9.3.9.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.3.9.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.3.10 Poland

    9.3.10.1 Market Estimates & Forecast, 2020-2027

    9.3.10.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.3.10.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.4 Asia Pacific

    9.4.1 Market Estimates & Forecast, 2020-2027

    9.4.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.4.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.4.4.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.4.5 India

    9.4.4.1 Market Estimates & Forecast, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.4.4.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.4.6 Japan

    9.4.6.1 Market Estimates & Forecast, 2020-2027

    9.4.6.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.4.6.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.4.7 Australia

    9.4.7.1 Market Estimates & Forecast, 2020-2027

    9.4.7.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.4.7.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.4.8 New Zealand

    9.4.8.1 Market Estimates & Forecast, 2020-2027

    9.4.8.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.4.8.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.4.9 Rest of Asia Pacific

    9.4.9.1 Market Estimates & Forecast, 2020-2027

    9.4.9.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.4.9.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.5 Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020-2027

    9.5.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.5.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.5.4 Turkey

    9.5.4.1 Market Estimates & Forecast, 2020-2027

    9.5.4.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.5.4.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.5.5 Israel

    9.5.5.1 Market Estimates & Forecast, 2020-2027

    9.5.5.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.5.5.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.5.6 North Africa

    9.5.6.1 Market Estimates & Forecast, 2020-2027

    9.5.6.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.5.6.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.5.7 GCC

    9.5.7.1 Market Estimates & Forecast, 2020-2027

    9.5.7.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.5.7.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.5.8 Rest of Middle East & Africa

    9.5.8.1 Market Estimates & Forecast, 2020-2027

    9.5.8.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.5.8.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020-2027

    9.6.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.6.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.6.4 Brazil

    9.6.4.1 Market Estimates & Forecast, 2020-2027

    9.6.4.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.6.4.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.6.5 Argentina

    9.6.5.1 Market Estimates & Forecast, 2020-2027

    9.6.5.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.6.5.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.6.6 Mexico

    9.6.6.1 Market Estimates & Forecast, 2020-2027

    9.6.6.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.6.6.3 Market Estimates & Forecast by End-use industry, 2020-2027

    9.6.7 Rest of Latin America

    9.6.7.1 Market Estimates & Forecast, 2020-2027

    9.6.7.2 Market Estimates & Forecast by Type of lay-up, 2020-2027

    9.6.7.3 Market Estimates & Forecast by End-use industry, 2020-2027

    10. Company Landscape

    11. Company Profiles

    11.1 3M

    11.1.1 Company Overview

    11.1.2 Type of lay-up/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 DowAksa

    11.2.1 Company Overview

    11.2.2 Type of lay-up/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 SGL Group – The Carbon Company

    11.3.1 Company Overview

    11.3.2 Type of lay-up/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 Cytec Solvay Group

    11.4.1 Company Overview

    11.4.2 Type of lay-up/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 AXEVINYL

    11.5.1 Company Overview

    11.5.2 Type of lay-up/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 Sika group

    11.6.1 Company Overview

    11.6.2 Type of lay-up/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 Metrorestyling.com

    11.7.1 Company Overview

    11.7.2 Type of lay-up/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 Grafityp UK Limited.

    11.8.1 Company Overview

    11.8.2 Type of lay-up/Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 Slickwraps,inc.

    11.9.1 Company Overview

    11.9.2 Type of lay-up/Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 Rvinyl.com, Inc.

    11.10.1 Company Overview

    11.10.2 Type of lay-up/Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    11.11 Vartega Inc.

    11.11.1Company Overview

    11.11.2 Type of lay-up/Business Segment Overview

    11.11.3 Financial Updates

    11.11.4 Key Developments

    11.12 TORAY INDUSTRIES, INC.

    11.12.1 Company Overview

    11.12.2 Type of lay-up/Business Segment Overview

    11.12.3 Financial Updates

    11.12.4 Key Developments

    11.13 Mitsubishi Chemical Carbon Fiber and Composites, Inc.

    11.13.1Company Overview

    11.13.2 Type of lay-up/Business Segment Overview

    11.13.3 Financial Updates

    11.13.4 Key Developments

    12. Conclusion

    LIST OF TABLES


    Table 1 Global Carbon Fiber Wrap Market: By Region, 2020-2027

    Table 2 North America Carbon Fiber Wrap Market: By Country, 2020-2027

    Table 3 Europe Carbon Fiber Wrap Market: By Country, 2020-2027

    Table 4 Asia-Pacific Carbon Fiber Wrap Market: By Country, 2020-2027

    Table 5 Middle East & Africa Carbon Fiber Wrap Market: By Country, 2020-2027

    Table 6 Latin America Carbon Fiber Wrap Market: By Country, 2020-2027

    Table 7 Global Carbon Fiber Wrap by Type of lay-up Market: By Regions, 2020-2027

    Table 8 North America Carbon Fiber Wrap by Type of lay-up Market: By Country, 2020-2027

    Table 9 Europe Carbon Fiber Wrap by Type of lay-up Market: By Country, 2020-2027

    Table10 Asia-Pacific Carbon Fiber Wrap by Type of lay-up Market: By Country, 2020-2027

    Table11 Middle East & Africa Carbon Fiber Wrap by Type of lay-up Market: By Country, 2020-2027

    Table12 Latin America Carbon Fiber Wrap by Type of lay-up Market: By Country, 2020-2027

    Table13 North America Carbon Fiber Wrap for End-use Industry Market: By Country, 2020-2027

    Table14 Europe Carbon Fiber Wrap for End-use Industry Market: By Country, 2020-2027

    Table15 Asia-Pacific Carbon Fiber Wrap for End-use Industry Market: By Country, 2020-2027

    Table16 Middle East & Africa Carbon Fiber Wrap for End-use Industry Market: By Country, 2020-2027

    Table17 Latin America Carbon Fiber Wrap for End-use Industry Market: By Country, 2020-2027

    Table18 Global Type of lay-ups Market: By Region, 2020-2027

    Table19 Global End-use Industry Market: By Region, 2020-2027

    Table20 North America Carbon Fiber Wrap Market, By Country

    Table21 North America Carbon Fiber Wrap Market, By Type of lay-up

    Table22 North America Carbon Fiber Wrap Market, By End-use industry

    Table23 Europe: Carbon Fiber Wrap Market, By Country

    Table24 Europe: Carbon Fiber Wrap Market, By Type of lay-up

    Table25 Europe: Carbon Fiber Wrap Market, By End-use industry

    Table26 Asia-Pacific: Carbon Fiber Wrap Market, By Country

    Table27 Asia-Pacific: Carbon Fiber Wrap Market, By Type of lay-up

    Table28 Asia-Pacific: Carbon Fiber Wrap Market, By End-use industry

    Table29 Middle East & Africa: Carbon Fiber Wrap Market, By Country

    Table30 Middle East & Africa Carbon Fiber Wrap Market, By Type of lay-up

    Table31 Middle East & Africa: Carbon Fiber Wrap Market, By End-use industry

    Table32 Latin America: Carbon Fiber Wrap Market, By Country

    Table33 Latin America Carbon Fiber Wrap Market, By Type of lay-up

    Table34 Latin America: Carbon Fiber Wrap Market, By End-use industry

    LIST OF FIGURES

    FIGURE 1 Global Carbon Fiber Wrap Market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Carbon Fiber Wrap Market

    FIGURE 4 Value Chain of Global Carbon Fiber Wrap Market

    FIGURE 5 Share of Global Carbon Fiber Wrap Market in 2020, by country (in %)

    FIGURE 6 Global Carbon Fiber Wrap Market, 2020-2027,

    FIGURE 7 Sub-segments of Type of lay-up

    FIGURE 8 Global Carbon Fiber Wrap Market size by Type of lay-up, 2020

    FIGURE 9 Share of Global Carbon Fiber Wrap Market by Type of lay-up, 2020 to 2027

    FIGURE 10 Sub-segments of End-use industry

    FIGURE 11 Global Carbon Fiber Wrap Market size by End-use industry, 2020

    FIGURE 12 Share of Global Carbon Fiber Wrap Market by End-use industry, 2020 to 2027