The global carbon fiber market is projected to reach USD 6.82 billion by 2030 from USD 4.82 billion in 2025, growing at a CAGR of 7.2%, according to a recent study by MarketsandMarkets™. Demand is rising across industries including aerospace & defense, wind energy, automotive, medical & healthcare, construction, and sporting goods due to carbon fiber's strength, durability, and lightweight properties. PAN-based carbon fiber dominates the raw material segment and is expected to grow at the highest CAGR, driven by its superior strength-to-weight ratio and performance in high-demand applications. Recycled carbon fiber is projected to grow at the highest CAGR in value, while virgin carbon fiber leads the market due to its consistent quality and mechanical properties. The composites segment holds the largest market share, with continuous fiber being the dominant product type. Europe currently holds the largest market share in value and volume, while North America is expected to see the second-fastest growth, supported by government initiatives, renewable energy investments, and electric vehicle adoption. Solvay has increased production capacity at its US Piedmont facility to meet rising demand for aircraft composite parts.

HTF Market Insights released a comprehensive report on the global Building and Construction Composites Market, projecting a 7% CAGR from 2025 to 2032, with key players including 3M, BASF, Hexcel, and others. The market is segmented by type, application, and region, with North America as the dominant region and Asia-Pacific as the fastest-growing. Drivers include sustainable practices and infrastructure demand, while challenges involve costs and standardization.

A report by HTF MI Research projects the global composite repair market to grow at 13% CAGR, reaching USD 34.2 Billion by 2031 from USD 18.6 Billion in 2025. The study highlights market trends, drivers like sustainability, and key players including Sherwin-Williams, Gurit, Hexcel, and others across aerospace, automotive, and wind energy sectors.

Hexcel Corporation's former CEO, Nick Stanage, has been elected to the board of directors of HII, a global defense provider. Stanage brings extensive experience in industrial manufacturing and leadership roles at companies like Hexcel, Honeywell, and Dana. HII's mission is to deliver advanced defense solutions for national security.

A comparison of Hexcel and Leonardo DRS in the aerospace sector, focusing on dividends, institutional ownership, profitability, analyst recommendations, risk, and earnings. Hexcel is rated as the superior stock due to higher dividend yield, stronger institutional ownership, and better analyst consensus, while Leonardo DRS shows lower volatility but weaker financial metrics.