Along with the increasing demand for carbon fiber in aerospace, sports and industry, the market scale of carbon fiber in the globe has grown rapidly. In 2017, demand for carbon fiber reached approximately 80 thousand tonnes.

In 2017, the output of carbon fiber reached around 5,500 tonnes in China. Along with more application of carbon fiber in automobiles, machines and aerospace, the apparent consumption of carbon fiber rises up as well, which accounted for approximately 8,500 tonnes in 2017. Carbon fiber supplied cannot meet the domestic demand and the market is mainly occupied by foreign manufacturers whose products have advantage on technology and price.

Carbon fiber is mainly used in aerospace, aviation, sports and industry. It is predicted that proportions of carbon fiber used in aviation and aerospace, sports and leisure, and industry will be respectively 6%, 44% and 50% in 2020.

In 2017, the volume and value of imported carbon fiber in China was approximately 3,500 tonnes and approximately RMB60 million, China mainly imported carbon fiber from Japan and USA.

In the policy Made in China 2025 issued by the State Council, carbon fiber is listed as one of key strategy materials and in 2020 the consumption of the material manufactured by domestic enterprises should increase to above 5,000 tonnes. There exists high potential demand for carbon fiber, providing the material great improvement space. For the next several years, the usage of the material may increase at a large scale. In 2023, the apparent consumption of the material is predicted to reach 12,500 tonnes.

Figure No.	Figure Title
Figure 1	Demands for carbon fiber in the globe, 2011-2017
Figure 2	China’s GDPs and growth rates, 2011-2017
Figure 3	Outputs of carbon fiber in China, 2011-2017
Figure 4	Apparent consumptions of carbon fiber in China, 2011-2017
Figure 5	Application distribution of carbon fiber in China
Figure 6	Sources’ distribution of imported carbon fiber in China 2017
Figure 7	Flows’ distribution of exported carbon fiber from China 2017
Figure 8	Output forecasts of carbon fiber in China, 2018-2023
Figure 9	Apparent consumption forecasts of carbon fiber in China, 2018-2023

Table No.	Table Title
Table 1	China’s GDP distributions, 2014-2017
Table 2	Related policies to carbon fiber industry in China
Table 3	National standards of PAN-based carbon fiber in China
Table 4	Functions of general asphalt-based carbon fiber
Table 5	Function indexes of high-function asphalt-based carbon fiber
Table 6	Capacities of carbon fiber manufacturers in China
Table 7	Prices of carbon fiber in China
Table 8	Volumes of imported carbon fiber in China, 2011-2017
Table 9	Values of imported carbon fiber in China, 2011-2017
Table 10	Sources of imported carbon fiber in China 2017
Table 11	Average prices of imported carbon fiber in China, 2011-2017
Table 12	Volumes of exported carbon fiber from China, 2011-2017
Table 13	Values of exported carbon fiber from China, 2011-2017
Table 14	Flows of imported carbon fiber from China 2017
Table 15	Average prices of exported carbon fiber from China, 2011-2017
Table 16	Indexes of carbon fiber produced by Jiangsu Hengshen Co., Ltd.
Table 17	Revenues and profits of Jiangsu Hengshen Co., Ltd., 2013-2017
Table 18	Indexes of carbon fiber produced by Weihai Guangwei Composites Co., Ltd.
Table 19	Revenues and profits of Weihai Guangwei Composites Co., Ltd., 2012-2017
Table 20	Indexes of carbon fiber produced by Jiangsu Hangke Composite Materials Technology Co., Ltd.
Table 21	Revenues and profits of Jiangsu Hangke Composite Materials Technology Co., Ltd., 2012-2017
Table 22	Indexes of carbon fiber produced by Zhongfu Shenying Carbon Fiber Co., Ltd.
Table 23	Revenues and profits of Zhongfu Shenying Carbon Fiber Co., Ltd., 2012-2017
Table 24	Indexes of carbon fiber produced by Zhongjian Technology Co., Ltd.
Table 25	Outputs and sales of carbon fiber of Zhongjian Technology Co., Ltd., 2013-2017
Table 26	Revenues and profits of Zhongjian Technology Co., Ltd., 2013-2017
Table 27	Revenues and profits of Anshan Sinocarb Carbon Fibers Co., Ltd., 2012-2017
Table 28	Administrative and Strategic Planning of Enterprises to VIPs