The total demand for carbon fiber in 2019 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, and the market share will increase 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.

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