The global carbon fiber market was valued at USD 3.59 billion in 2024 and is projected to reach USD 7.05 billion by 2032, growing at a CAGR of 8.8 %, driven by expanding demand from aerospace, automotive, and wind energy sectors. Asia‑Pacific currently dominates with over 40 % share, while regional growth accelerates fuel‑saving trends, EV light weighting, and turbine blade applications. https://www.datamintelligence.com/research-report/carbon-fiber-market