Carbon fiber industry market prospects!

Carbon fiber industry is a comprehensive industry involving many fields and links, its core is the production of raw silk, carbon fiber preparation, composite material manufacturing and final product application;

China's carbon fiber demand increased from 19,600 tons in 2016 to 62,400 tons in 2021, with a compound annual growth rate of 26.06%, a year-on-year growth rate of 27.69% in 2021, and domestic demand is expected to be 159,300 tons in 2025.

Under the traction of the expanding market demand, China's carbon fiber industry is accelerating towards a more integrated system, higher performance and lower cost.

At the same time, the application field of carbon fiber industry is broad, benefiting from the development of downstream wind power blades, aviation industry, automobile manufacturing and other markets, and it is expected that the demand for carbon fiber will increase rapidly.