What is the application trend of the carbon fiber industry?

In 2019, my country's total demand for carbon fiber was 37.84 million tons, of which domestically produced 12,000 tons, accounting for only 32%. Domestically produced carbon fiber has a large room for growth. It is estimated that by 2025, the total demand for carbon fiber will reach 118.57 million tons, of which about 52,300 tons are domestically produced, with the share increasing to 44%.

The compound growth rate of carbon fiber demand is about 21%, and the compound growth rate of domestic production is about 27.8%. Industry growth faster than foreign demand.

The registered trademark of Yancheng Xiangsheng Carbon Fiber Technology Co., Ltd. is "Xiangli". It has developed rotorcraft shells, landing gears, aircraft plant protection spray systems, seaplane floats, marsh boats, aerodynamic ships, Aviation communication helmets, carbon fiber for plastic reinforcement, carbon fiber powder for friction materials, chopped carbon fiber for brake systems, carbon fiber rope, carbon fiber cloth, carbon fiber filament special fiber cutting machine, and 16 series products.