The global Automotive Carbon Fiber Composites Parts Market is valued at $23.6 billion in 2025 and is expected to grow at a CAGR of 17.6% to reach $101.5 billion by 2034. The market is driven by the increasing adoption of electric and autonomous vehicles, stringent emission regulations, and the need for lightweight and fuel-efficient vehicles. Advances in manufacturing techniques and material formulations have made carbon fiber composites more cost-effective and sustainable. The market is expected to see continued growth, driven by innovations in recycling technologies, bio-based carbon fibers, and the integration of carbon fiber with other advanced materials.
Key players in the market include Plasan Carbon Composites, Faurecia, Toray Industries, and SGL Carbon, among others. The market is segmented by type, resin, application, and geography, with North America, Europe, and Asia-Pacific being the major regions. The report provides a comprehensive analysis of the market, including company profiles, market trends, and competitive intelligence, to help clients stay ahead of the competition. The market is expected to witness significant growth, driven by the increasing demand for sustainable and high-performance materials in the automotive industry.