South Korea Carbon Fiber Tapes Market Size, Share, and COVID-19 Impact Analysis, By Resin Type (Dry Tapes and Prepreg Tapes), By End Use (Aerospace & Defense and Automotive), and South Korea Carbon Fiber Tapes Market Insights, Industry Trend, Forecasts to 2035

  South Korea Carbon Fiber Tapes Market Insights Forecasts to 2035

• The South Korea Carbon Fiber Tapes Market Size Was Estimated at USD 52.4Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 12.56% from 2025 to 2035
• The South Korea Carbon Fiber Tapes Market Size is Expected to Reach USD 192.6 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Carbon Fiber Tapes Market is anticipated to reach USD 192.6 Million by 2035, growing at a CAGR of 12.56% from 2025 to 2035. The development of carbon fiber as one of the essential materials for enabling the lightweight fabrication of automotive and aerospace components is responsible for this expansion. Furthermore, one of the most often used materials for creating composite parts for automotive and aerospace equipment is carbon fiber (CF) tape.

Market Overview

The manufacture, distribution, and use of tapes composed of carbon fiber-reinforced materials typically with a resin matrix are all included in the carbon fiber tape market. These tapes are ideal for applications needing high tensile strength and resistance to a range of climatic conditions of their lightweight, stiff, and high-strength characteristics. Because of their remarkable strength and resilience, carbon fiber tapes are perfect for applications that demand structural integrity, such as reinforcing bridges and aircraft parts. Carbon fiber tapes are lightweight, they can be used in automotive and aircraft applications, which improves performance and fuel economy. Carbon fiber tapes are becoming more and more popular in automobiles due to their lightweight nature and fuel efficiency. Wind turbine blades and other structural elements use carbon fiber tapes, which support the expanding wind energy industry. Furthermore,  government policies and incentives encourage the use of lightweight materials, such as carbon fiber, in transportation, which lowers emissions and fuel consumption. Governments are spending money on disaster resilience and infrastructure repair programs, which frequently use cutting-edge composite materials like carbon fiber to enhance and prolong the life of buildings.

Report Coverage

This research report categorizes the market for South Korea carbon fiber tapes market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea carbon fiber tapes market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea carbon fiber tapes market.

Driving Factors

High-strength materials in aerospace, automotive, and wind energy sectors. Their superior strength-to-weight ratio enhances fuel efficiency and performance. Increasing adoption of sports equipment and construction also boosts growth. Technological advancements in manufacturing processes and a growing focus on sustainable and recyclable materials further propel market expansion. Additionally, rising investments in defense and space exploration sectors are fueling the demand for carbon fiber tapes in critical structural applications.

Restraining Factors

High production costs, stemming from complex manufacturing processes and expensive raw materials like polyacrylonitrile (PAN), make carbon fiber tapes less accessible compared to traditional materials such as steel and aluminum. Additionally, limited recycling options and environmental concerns about carbon fiber disposal contribute to sustainability challenges. Supply chain constraints, including reliance on a few key suppliers for precursor materials, can lead to price volatility and production delays.

Market Segmentation

The South Korea carbon fiber tapes market share is classified into resin type and end use.

• The dry tapes segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea carbon fiber tapes market is segmented by resin type into dry tapes and prepreg tapes. Among these, the dry tapes segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Dry tapes offer significant growth potential since they create less mess during production and can accommodate strict width and aerial weight limitations. Dry carbon fiber tapes also provide cost and production-rate-optimized taping solutions with mechanical qualities that are on par with prepreg tapes that do not require an autoclave. These tapes are therefore ideal for automated manufacturing in a wider variety of industrial, automotive, winter sports, and aerospace applications.

• The aerospace & defense segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea carbon fiber tapes market is segmented by end use into aerospace & defense and automotive. Among these, the aerospace & defense segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Carbon fiber tapes are useful for creating composite parts for the aircraft's primary and secondary structures because of their remarkable qualities, which include a superior strength-to-weight ratio and great impact resistance. Furthermore, the automated tape laying up process used to create composite parts results in the cost-effective creation of parts with exceptional beauty.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea carbon fiber tapes market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• KOLON Industries
• Kumho Petrochemical
• LOTTE Chemical
• Hyosung Corporation
• Taekwang Industrial
• SK Chemicals
• Sungwoo Hitech
• KCC Corporation
• Hanwha Advanced Materials
• ILJIN Materials
• Doosan Heavy Industries & Construction
• Dongil Industry
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea carbon fiber tapes market based on the below-mentioned segments:

 South Korea Carbon Fiber Tapes Market, By Resin Type

• Dry Tapes
• Prepreg Tapes

South Korea Carbon Fiber Tapes Market, By End Use

• Aerospace & Defense
• Automotive