Carbon Fiber Market Poised to Expand Substantially through 2029 Owing to High Demand in Aerospace Industry

These composites are used in many industries due to their high strength-to-weight ratio and anticorrosion properties.
Carbon fiber market is estimated to be valued at USD 5.69 Bn in 2025 and is expected to reach USD 10.33 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.9% from 2025 to 2032.

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