Market Report · July 31, 2026
Report Feature
The Chinese carbon fiber market is forecast to grow at a CAGR of 6.1% by value from 2016 to 2021. The major drivers of growth for this market are growing demand of high strength, stiffness, and lightweight material in end uses industries.
Emerging trends, which have a direct impact on the dynamics of chinese carbon fiber industry, are increasing production of high performance carbon fiber.
A total of 53 figures / charts and 21 tables are provided in this 121-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of chinese carbon fiber market report, download the report brochure.
Emerging trends, which have a direct impact on the dynamics of chinese carbon fiber industry, are increasing production of high performance carbon fiber.
A total of 53 figures / charts and 21 tables are provided in this 121-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of chinese carbon fiber market report, download the report brochure.
The study includes a forecast for the Chinese carbon fiber market through 2021, segmented market by end-use application, tow size, and modulus type as follows:
Chinese carbon fiber market by end use application (Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2021):
- Sporting Goods
- Aerospace
- Industrial
Chinese carbon fiber market by tow size (Value ($M) and Volume (M lbs) shipment analysis for 2015):
- Small tow
- Large tow
Chinese carbon fiber market by modulus type (Value ($M) and Volume (M lbs) shipment analysis for 2015):
- Standard modulus
- Intermediate modulus
- High modulus
Chinese carbon fiber companies profiled in this market report include Zhongfu Shenying Carbon Fiber Co. Ltd., Jiangsu Hengshen Fiber Material Co., Bluestar, Jilin Tangu Carbon Fiber and Weihai Tuozhan Fiber Co. Ltd. are among the major players of the Chinese carbon fiber market.
Lucintel predicts that the demand for industrial application is expected to experience the highest growth in the forecast period, supported by growing wind energy market and increase demand of light weight material in automotive and CNG tank. In this market, sporting goods, aerospace, and industrial applications are the end use applications of carbon fiber.
Within the Chinese carbon fiber market, sporting goods is expected to remain as the largest market by value and volume consumption. Country’s active involvement in sports leads increased used in ice hockey stick, tennis racquets, and golf clubs. High- strength, stiffness, and lightweight are the properties that will drive the growth of carbon fiber in sporting goods application.
In China, only PAN (polyacrylonitrile)-based carbon fiber is used. Based on tow size, small tow carbon fiber usage is higher in value and volume, whereas based on modulus type, intermediate modulus carbon fiber is higher in value and volume.
Some of the features of “Growth Opportunities in the Chinese Carbon Fiber Market: 2016-2021 Trends, Forecast, and Market Analysis” include:
Lucintel predicts that the demand for industrial application is expected to experience the highest growth in the forecast period, supported by growing wind energy market and increase demand of light weight material in automotive and CNG tank. In this market, sporting goods, aerospace, and industrial applications are the end use applications of carbon fiber.
Within the Chinese carbon fiber market, sporting goods is expected to remain as the largest market by value and volume consumption. Country’s active involvement in sports leads increased used in ice hockey stick, tennis racquets, and golf clubs. High- strength, stiffness, and lightweight are the properties that will drive the growth of carbon fiber in sporting goods application.
In China, only PAN (polyacrylonitrile)-based carbon fiber is used. Based on tow size, small tow carbon fiber usage is higher in value and volume, whereas based on modulus type, intermediate modulus carbon fiber is higher in value and volume.
Some of the features of “Growth Opportunities in the Chinese Carbon Fiber Market: 2016-2021 Trends, Forecast, and Market Analysis” include:
- Market size estimates: Chinese carbon fiber market size estimation in terms of volume (M lbs.) and value ($B) shipment.
- Trend and forecast analysis: Chinese carbon fiber market trend (2010-2015) and forecast (2016-2021) by region and segments.
- Segmentation analysis: Chinese carbon fiber market size by various application types such as sporting goods, aerospace, industrial both in terms of volume and value shipment.
- Growth opportunities: Analysis on growth opportunities in different applications and regions.
- Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of Chinese carbon fiber market suppliers.
- Emerging applications: Emerging applications of Chinese carbon fiber in various markets.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Table of Contents
List of Figures
Figure 3.1: The Chinese Carbon Fiber Market ($ Million) by Application in 2015 (Source: Lucintel)
Figure 3.2: The Chinese Carbon Fiber Market ($ Million) by Application in 2015 (Source: Lucintel)
Figure 3.3: The Chinese Carbon Fiber Market (Million Pounds) by Application in 2015 (Source: Lucintel)
Figure 3.4: The Chinese Carbon Fiber Market (Million Pounds) by Application in 2015 (Source: Lucintel)
Figure 3.5: Chinese Carbon Fiber Shipment by Tow Size in Terms of Million Pounds in 2015
Figure 3.6: Chinese Carbon Fiber Shipment by Tow Size in Terms of $Million in 2015
Figure 3.7: Tensile Strength and Tensile Modulus of Some Typical Carbon Fiber Applications
Figure 3.8: Chinese Carbon Fiber Shipment by Tensile Modulus in Terms of Million pounds in 2015
Figure 3.9: Chinese Carbon Fiber Shipment by Tensile Modulus in Terms of $ Million in 2015
Figure 3.10: Trends of the Chinese GDP Growth Rate Trend from 2010 to 2015 (Source: IMF)
Figure 3.11: Trends of the Chinese Population Growth Rate from 2010 to 2015 (Source: IMF)
Figure 3.12: Trends of the Chinese Inflation Rate from 2010 to 2015 (Source: IMF)
Figure 3.13: Trends of the Chinese Unemployment Rate Trend from 2010 to 2015 (Source: IMF)
Figure 3.14: Trends of Total Chinese Export Market from 2010 to 2015 (Source: World Bank & ITC)
Figure 3.15: Trends of Total Chinese Import Market from 2010 to 2015 (Source: World Bank & ITC)
Figure 3.16: Trends of the Chinese Carbon Fiber Market ($ Million) from 2010 to 2015 (Source: Lucintel)
Figure 3.17: Trends of the Chinese Carbon Fiber Market (Million Pounds) from 2010 to 2015 (Source: Lucintel)
Figure 3.19: CAGR of the Chinese Carbon Fiber Market ($ Million) from 2010 to 2015 (Source: Lucintel)
Figure 3.20: Growth of the Chinese Carbon Fiber Market by End Use Application ($ Million) from 2014 to 2015 (Source: Lucintel)
Figure 3.21: Trends of the Chinese Carbon Fiber Market (Million Pounds) by Application from 2010 to 2015 (Source: Lucintel)
Figure 3.22: CAGR of the Chinese Carbon Fiber Market (Million Pounds) from 2010 to 2015 (Source: Lucintel)
Figure 3.23: Growth of the Chinese Carbon Fiber Market by Application (Million Pounds) 2014 to 2015 (Source: Lucintel)
Figure 3.24: Price Trends of the Chinese Carbon Fiber in Aerospace, Industrial, and Sporting Goods Markets from 2010 to 2015 (Source: Lucintel)
Figure 3.25: Drivers and Challenges of the Chinese Carbon Fiber Market
Figure 3.26: Forecast for Chinese GDP Growth Rate from 2016 to 2021 (Source: IMF)
Figure 3.27: Forecast for Chinese Population Growth Rate from 2016 to 2021 (Source: IMF)
Figure 3.28: Forecast for Chinese Inflation Rate from 2016 to 2021
Figure 3.29: Forecast for Chinese Unemployment Growth Rate from 2016 to 2021 (Source: IMF)
Figure 3.30: Forecast for the Chinese Carbon Fiber Market ($ Million) by Application from 2016 to 2021 (Source: Lucintel
Figure 3.31: Forecast for the Chinese Carbon Fiber Market (Million Pounds) from 2016 to 2021 (Source: Lucintel)
Figure 3.32: Forecast for the Chinese Carbon Fiber Market ($ Million) by Application from 2016 to 2021 (Source: Lucintel)
Figure 3.33: CAGR of the Chinese Carbon Fiber Market ($ Million) by End Use Application from 2016 to 2021 (Source: Lucintel)
Figure 3.34: Growth Forecast for the Chinese Carbon Fiber Market ($ Million) by End Use Application from 2015 to 2016 (Source: Lucintel)
Figure 3.35: Forecast for the Chinese Carbon Fiber Market (Million Pounds) by Application from 2016 to 2021 (Source: Lucintel)
Figure 3.36: CAGR of the Chinese Carbon Fiber Market (Million Pounds) by End Use Application from 2016 to 2021 (Source: Lucintel)
Figure 3.37: Growth Forecast for the Chinese Carbon Fiber Market (Million Pounds) by End Use Applications from 2015 to 2016 (Source: Lucintel)
Figure 4.1: Market Presence of Major Players in the Chinese Carbon Fiber Market
Figure 4.2: China’s Carbon Fiber Market Share Analysis (In Terms of Capacity) in 2015 (Source: Lucintel)
Figure 4.3: Geographical Footprint of Competitors in the Chinese Carbon Fiber Market (Source: Lucintel)
Figure 4.4: Porter’s Five Forces Analysis of the Chinese Carbon Fiber Market
Figure 5.1: Emerging Applications of the Chinese Carbon Fiber Market
Figure 5.2: Growth Opportunities in the Chinese Carbon Fiber Market by End Use Application (from 2016 to 2021) (Source: Lucintel)
Figure 5.3: Emerging Trends in the Chinese Carbon Fiber Market
Figure 5.4: Strategic Initiatives by Major Competitors in 2015 (Source: Lucintel)
Figure 5.5: Strategic Initiatives by Major Competitors in 2014 (Source: Lucintel)
Figure 5.6: Year-over-Year Study of the Strategic Initiatives in the Chinese Carbon Fiber Market (Source: Lucintel)
Figure 5.7: New Product Launches in the Chinese Carbon Fiber Market in 2015 (Source: Lucintel)
List of Tables
Table 3.1: Structure of the Chinese Economy
Table 3.2: The Chinese Economy - Growth Rates of Selected Indicators
Table 3.3: Market Trends of the Chinese Carbon Fiber Shipments from 2010 to 2015
Table 3.4: Average Growth Rates for One, Three, and Five Years in the Chinese Carbon Fiber Market in Terms of $ Shipment
Table 3.5: Average Growth Rates for One, Three, and Five Years in the Chinese Carbon Fiber Market in Terms of Volume Shipment
Table 3.6: Market Size and Growth Rates from 2014 to 2015 in Various Application Segments of the Chinese Carbon Fiber Market in Terms of Value and Volume Shipment
Table 3.7: Market Size and Annual Growth Rates from 2010 to 2015 in Various Application Segments of the Chinese Carbon Fiber Market in Terms of Value and Volume Shipment
Table 3.8: Major Drivers Behind the Growth of Carbon Fiber in the Aerospace Market
Table 3.9: Challenges of Carbon Fiber Adoption in the Wind Energy Market
Table 3.10: Major Challenges of Carbon Fiber in the Aerospace Market
Table 3.11: Major Challenges for Carbon Fiber Usage in the Sporting Goods Market
Table 3.12: Market Forecast (from 2016 to 2021) in the Chinese Carbon Fiber Shipments
Table 3.13: Average Growth Rates for One, Three, and Five Years in the Chinese Carbon Fiber Market in Terms of $ Shipment
Table 3.14: Average Growth Rates for One, Three, and Five Years in the Chinese Carbon Fiber Market in Terms of Volume
Table 3.15: Market Size and from 2015 to 2016 Growth Rates in Various Application Segments of the Chinese Carbon Fiber Market in Terms of Value and Volume Shipment
Table 3.16: Market Size and Annual Growth Rates during 2016 to 2021 in Various Application Segments of the Chinese Carbon Fiber Market in Terms of Value and Volume Shipment
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth in the Chinese carbon fiber market by end use applications, by tow size, and by modulus type?
- • Which product segments will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
- • What are the business risks and competitive threats in this market?
- • What are emerging trends in this market and reasons behind them?
- • What are some changing demands of customers in the market?
- • What are the new developments in the market and which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
- • What are some of the competitive products in this area and how great a threat do they pose for loss of market share through product substitution?
- • What M & A activities has transpired in the last 5 years in this market and what is its impact on the industry?
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