The global carbon fiber industry generated $5.5 billion in 2022 and is estimated to reach $16.0 billion by 2032, witnessing a CAGR of 11.4% from 2023 to 2032. Carbon fibers possess a wide range of properties, including stiffness, tensile strength, strength-to-weight ratio, chemical resistance, thermal tolerance, and low expansion. These characteristics have made carbon fiber …