QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “PAN-based Carbon Fiber Precursor- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global PAN-based Carbon Fiber Precursor market, including market size, share, demand, industry development status, and forecasts for the next few years.
The global market for PAN-based Carbon Fiber Precursor was estimated to be worth US$ 1889 million in 2024 and is forecast to a readjusted size of US$ 3.09 billion by 2031 with a CAGR of 7.4% during the forecast period 2025-2031.
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According to the new market research report “PAN-based Carbon Fiber Precursor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global PAN-based Carbon Fiber Precursor market size is projected to reach USD 3.09 billion by 2031, at a CAGR of 7.4% during the forecast period.
Figure00001. Global PAN-based Carbon Fiber Precursor Market Size (US$ Million), 2024 vs 2031
Source: QYResearch, “PAN-based Carbon Fiber Precursor – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
Figure00002. Global PAN-based Carbon Fiber Precursor Top 23 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
Source: QYResearch, “PAN-based Carbon Fiber Precursor – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
According to QYResearch Top Players Research Center, the global key manufacturers of PAN-based Carbon Fiber Precursor include Toray Industries, Inc., Hexcel, Jilin Chemical Fiber Group, Mitsubishi Chemical, Teijin , Hyosung Advanced Materials, SGL Carbon, Zhongfu Shenying Carbon Fiber Co.,Ltd., Newtech Group Co., Ltd., Aksa Carbon, etc. In 2024, the global top 10 players had a share approximately 81.0% in terms of revenue.
Figure00003. PAN-based Carbon Fiber Precursor, Global Market Size, Split by Product Segment
Source: QYResearch, “PAN-based Carbon Fiber Precursor – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
In terms of product type, currently Small Tow is the largest segment, hold a share of 75.12%.
Figure00004. PAN-based Carbon Fiber Precursor, Global Market Size, Split by Application Segment
Source: QYResearch, “PAN-based Carbon Fiber Precursor – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
In terms of product application, currently Aerospace & Military is the largest segment, hold a share of 49.22%.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The PAN-based Carbon Fiber Precursor market is segmented as below:
By Company
Toray Industries, Inc.
Hexcel
Jilin Tangu Carbon Fiber Co., Ltd.
Mitsubishi Chemical
Teijin
Hyosung Advanced Materials
SGL Carbon
Zhongfu Shenying Carbon Fiber Co.,Ltd.
Weihai Guangwei Composites Co., Ltd.
Newtech Group Co., Ltd.
Aksa Carbon
Sinopec Shanghai Petrochemical Company Limited
Jiangsu Hengshen Co.,Ltd.
Sinofibers Technology Co., Ltd.
Formosa Plastic Group
Shanxi Gangke Carbon Materials Co., Ltd
Syensqo
UMATEX
Changsheng (Langfang) Technology Co., Ltd
Taekwang
Lanzhou Blue Star Fiber Co., Ltd
China National Petroleum Corporation Jilin Petrochemical Branch
Henan Yongmei Carbon Fiber Co., Ltd
Segment by Type
Small Tow
Big Tow
Segment by Application
Aerospace & Military
Wind Turbine Blades
Sports & Leisure
Pressure Vessels
Molding & Composite Materials
Automotive
Carbon-Carbon Composites
Construction
Electronics & Electrical
Others
Each chapter of the report provides detailed information for readers to further understand the PAN-based Carbon Fiber Precursor market:
Chapter 1: Introduces the report scope of the PAN-based Carbon Fiber Precursor report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2021-2032)
Chapter 2: Detailed analysis of PAN-based Carbon Fiber Precursor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2021-2026)
Chapter 3: Provides the analysis of various PAN-based Carbon Fiber Precursor market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2021-2032)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2021-2032)
Chapter 5: Sales, revenue of PAN-based Carbon Fiber Precursor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2021-2032)
Chapter 6: Sales, revenue of PAN-based Carbon Fiber Precursor in country level. It provides sigmate data by Type, and by Application for each country/region.(2021-2032)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2021-2026)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth PAN-based Carbon Fiber Precursor competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides PAN-based Carbon Fiber Precursor comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides PAN-based Carbon Fiber Precursor market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global PAN-based Carbon Fiber Precursor Market Outlook, In Depth Analysis & Forecast to 2031
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Global PAN-based Carbon Fiber Precursor Market Research Report 2025
PAN-based Carbon Fiber Precursor- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
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