[Carbon fiber market size analysis!]
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Carbon fiber market size analysis in 2022!

In recent years, my country has realized the importance of carbon fiber and composite materials, and has begun to carry out strategic layouts to vigorously promote the research and development of carbon fiber materials.

The data shows that in the aerospace field, the demand for commercial aircraft contributes greatly. In 2019, the carbon fiber required for commercial aircraft will reach 16,200 tons, accounting for nearly 70%.

The size of the carbon fiber market has maintained a growing trend, increasing from US$482 million in 2016 to US$1.027 billion in 2020, with a compound annual growth rate of 20.82%. It is expected that the market size of carbon fiber will reach US$1.435 billion in 2022.

Yancheng Xiangsheng Carbon Fiber Technology Co., committed to researching the functionality and design diversity of carbon fiber, aramid fiber and other special fiber composite materials, and has developed rotorcraft shells, landing gear, and aircraft plant protection sprays with independent intellectual property rights. Systems, seaplane pontoons, swamp boats, aerodynamic boats, aviation communication helmets, carbon fiber for plastic reinforcement, carbon fiber powder for friction materials, chopped carbon fiber for braking systems, and carbon fiber rope, carbon fiber cloth, carbon fiber filament special fiber cutting machine 16 series of products.

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