China Carbon Fibre Industry Development Status and Prospect Analysis 2023

Carbon fibre is a kind of inorganic fibre containing more than 90% of carbon, which is made of acrylic and viscose fibre, oxidized and carbonized by high temperature, with high temperature resistance, friction resistance, electrical conductivity, thermal conductivity and corrosion resistance. At the same time as carbon fibre with high temperature resistance, corrosion resistance, good electrical and thermal conductivity and other excellent properties, known as the king of new materials, also known as "black gold". Carbon fibre is not only irreplaceable in the aerospace and other military fields, but also shines in wind turbine blades, sports and leisure, pressure vessels, building protection, automotive transportation and other fields.

Carbon fibre is divided into polyacrylonitrile (PAN)-based, asphalt-based and viscose-based according to the type of the original filament, according to the specifications of the tow can be divided into 24K below the aerospace-grade small tow of carbon fibre (1K meaning a carbon fibre tow containing 1000 monofilaments) and 48K above the industrial-grade large tow of carbon fibre, according to the form of the filaments can be divided into filaments, staple fibres and short-cutting fibres, according to the mechanical properties of the general-purpose type and high-performance type. Its base carbon fibre has the best overall performance, mature and simple production process, the widest application, the highest production and the most varieties, and is the mainstream carbon fibre product in the global carbon fibre market, accounting for more than 90% of the global carbon fibre production.

Properties of Carbon Fibre

Carbon Fiber (Carbon Fiber, referred to as CF) is made from polypropylene eye (PAN) (or asphalt, viscose) and other organic parent fibers using pyrolysis method at a high temperature of more than 1,000 degrees Celsius high temperature inert gas carbonization (the result is the removal of carbon other than the vast majority of the elements) made of inorganic polymer fibers with a carbon content of more than 90%. Compared with other materials, carbon fibre has high specific strength and specific modulus, excellent mechanical properties of the parts, acid resistance, oil resistance, corrosion resistance and other characteristics.

Application areas of carbon fibre

Carbon fibre is widely used in aerospace, marine engineering, new energy equipment, engineering machinery, transport facilities and other fields, is a strategic new material with very broad application prospects. Mainly used in sports and wind power blade industry, with the continuous expansion of China's market demand, China's carbon fibre will also have a lot of space for development.

Carbon Fibre Industry Export Analysis

From January to December 2022, China exported a total of 1,707.64 tonnes of Carbon Fibre, 754.34 tonnes of Carbon Fibre Fabrics, 826.01 tonnes of Carbon Fibre Prepregs, 3,177.73 tonnes of other Carbon Fibre Products, and 6,465.71 tonnes of Carbon Fibre Products in total.

Rising demand drives industry development

In recent years, China's carbon fibre demand has been maintaining a steady upward trend, enterprises and investment institutions have also been optimistic about the development prospects of the carbon fibre industry, a large influx of capital from all walks of life, for the carbon fibre industry to bring a stimulating effect. At the same time, the carbon fibre industry has a wide range of applications, benefiting from the development of downstream wind turbine blades, aviation industry, automotive manufacturing and other markets, the demand for carbon fibre is expected to rise rapidly. At present, China's carbon fibre industry is in a period of explosive growth, the future demand for carbon fibre market growth rate to remain at about 17%, with the carbon fibre with many capital into the carbon fibre industry, carbon fibre technology continues to breakthroughs, the demand field will be further expanded.