Carbon Fiber Prepreg Market Projected to Reach $22.3B by 2031

Growth driven by increasing demand for lightweight, high-strength composite materials in aerospace, automotive, wind energy, and sporting goods applications.

Published on Feb. 18, 2026

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According to DataM Intelligence, the Global Carbon Fiber Prepreg Market was valued at USD 8.7 billion in 2022 and is projected to reach USD 22.3 billion by 2031, expanding at a CAGR of 12.5% between 2024 and 2031. The growth is driven by increasing demand for lightweight, high-strength composite materials in aerospace, automotive, wind energy, and sporting goods applications. Carbon fiber prepregs offer superior mechanical properties, dimensional stability, and resistance to fatigue and corrosion, making them ideal for high-performance engineering applications.

Why it matters

The surge in electric vehicle production, fuel efficiency regulations, and aerospace modernization programs is accelerating adoption of carbon fiber prepregs globally. Technological innovations in resin systems, automated layup, and out-of-autoclave curing processes are further enhancing product performance and scalability.

The details

The market is segmented by resin type, application, and form. Epoxy resin dominates with a 70% share, while BMI and polyimide resins are growing in aerospace for high-temperature applications. Aerospace and defense remains the largest application segment, with automotive EVs showing the fastest growth due to lightweighting and emission reduction mandates. Sheet and tape forms are preferred for automated layup processes and large structural components, whereas fabrics are used in complex curved geometries.

  • The Global Carbon Fiber Prepreg Market was valued at USD 8.7 billion in 2022.
  • The market is projected to reach USD 22.3 billion by 2031, expanding at a CAGR of 12.5% between 2024 and 2031.

The players

Hexcel Corporation

A global leader in the production of carbon fiber prepregs, supplying aerospace and automotive industries.

Toray Industries, Inc.

The market leader with a 20% global share, supplying aerospace and automotive prepregs.

SGL Group

A major producer of carbon fiber prepregs for various industrial applications.

Teijin Carbon Europe GmbH

A key player in the European carbon fiber prepreg market, focusing on aerospace and wind energy applications.

Gurit Holding

A specialist in wind energy blade prepregs, enabling faster automated layup and curing cycles.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

The Global Carbon Fiber Prepreg Market represents a high-growth segment in advanced materials, driven by increasing demand for lightweight, high-strength composite materials in aerospace, automotive, wind energy, and sporting goods applications. Leading players are investing in resin innovation, automated layup technologies, and sustainable processes to meet evolving industrial requirements, as lightweighting, automation, and emission reduction trends accelerate.