Toray Industries, Inc. has confirmed a strategic price adjustment for its TORAYCA carbon fiber product line, with the increase set to take effect in early 2026. The group has decided to raise prices for TORAYCA carbon fiber, as well as TORAYCA prepreg, fabric, laminate, and other intermediates. The increases, ranging from 10% to 20%, apply to shipments from January 2026.

This development underscores pricing momentum in the carbon fiber supply chain and signals potential cost implications for downstream aerospace, mobility, and industrial composite applications.

Why this matters:

• TORAYCA is a cornerstone material in high-performance carbon fiber composites used across aerospace, automotive, energy (e.g., wind turbine blades), sports, and industrial sectors due to its high strength-to-weight ratio and broad application spectrum.
• Cost pass-through likely reflects upward pressure on raw material and energy inputs, as well as strategic alignment with demand recovery in aerospace and mobility segments. It aligns with Toray s broader industry positioning and capacity investments.

What this means for the composites value chain:

• OEMs and Tier-1 suppliers may see increased material costs for carbon fiber prepregs, tapes, and fabrics derived from TORAYCA , potentially impacting pricing of composite parts and assemblies.
• Procurement and long-lead contracts in aerospace/EV sectors should anticipate budgeting adjustments given the price-level shift. Price increases from a market leader like Toray can signal broader upward pricing trends across carbon fiber composites, especially amid tight supply-demand balance.

Several factors informed this decision. Since the COVID-19 pandemic, global supply-demand imbalance and weak yen have driven up prices, for such energy sources as coal and natural gas. Costs have also continued to rise for raw and auxiliary materials and for logistics, including transportation. Also, labor costs at Toray and its partner factories in Japan and overseas have climbed, amid personnel shortages and retention efforts.

Toray responded by endeavoring to cut costs and streamline operations, but recent cost hikes have exceeded what the company can absorb through these measures. Management therefore decided to adjust prices to sustain and enhance Toray s ability to maintain stable supplies of high-quality products and continue developing higher-value offerings.

Price Revision Overview

1. Range of Increase: 10% - 20%  
2. Related Products
   (1) TORAYCA carbon fiber
   (2) TORAYCA prepreg, fabric, laminate, and other intermediates
3. Implementation Date: Shipments from January 2026