This report studies the global Carbon Fiber industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
Carbon fiber is a long, thin strand of material about 0.0002-0.0004 in (0.005-0.010 mm) in diameter and composed mostly of carbon atoms. The carbon atoms are bonded together in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. The crystal alignment makes the fiber incredibly strong for its size. Several thousand carbon fibers are twisted together to form a yarn, which may be used by itself or woven into a fabric. The yarn or fabric is combined with epoxy and wound or molded into shape to form various composite materials. Carbon fiber-reinforced composite materials are used to make aircraft carbon fiber compared to human hair and spacecraft parts, racing car bodies, golf club shafts, bicycle frames, fishing rods, automobile springs, sailboat masts, and many other components where light weight and high strength are needed.
Currently, some companies in the world can produce carbon fiber product, mainly concentrating in North America, Europe and Japan. The main market players are Toray, ZOLTEK (Toray), Mitsubishi Rayon, Toho Tenax, Hexcel, Formosa Plastics Corp, etc. The production of carbon fiber increased to from 42011 MT in 2011 to 55425 MT in 2016. Global Carbon Fiber capacity utilization rate remained at around 44% in 2016, which was low.
In consumption market, the growth rate of global consumption is smooth relatively. North America, Europe and Japan are still the main consumption regions due to the advanced technology and rapid development of economy.
Carbon fiber can be classified as two types, which depends on the number of fiber, including regular-tow carbon fiber and large-tow carbon fiber. Carbon fiber products offer advantages for advanced material solutions such as light-weight; high-tensile strength, manufacturing flexibility and heat resistance. It can be widely used in many fields. Survey results showed that 19.54% of the carbon fiber market is consumed in aerospace industry, 18.54% in sports/leisure, and the largest consumer is industrial materials with 61.92% in 2016.
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The global Carbon Fiber market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
This research report categorizes the China and global Carbon Fiber market by type, end-use industry, and region.
International Manufacturers Covered
China Local Manufacturers Covered
Formosa Plastics Corp
Weihai Tuozhan Fiber
Regular-Tow Carbon Fiber
Large-Tow Carbon Fiber
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