As an ideal high -performance structure, carbon fiber is becoming more and more popular due to its excellent performance, which has broaden its application foundation in many fields such as supercar, aircraft, yachts, leisure and sporting goods. The report pointed out that polypropylene will still be the most popular forefront of the carbon fiber market, and as a key raw material, it will account for more than 90 percent of the total carbon fiber output.
At present, the carbon fiber manufacturing base is mainly concentrated in the United States, China, Japan, South Korea, and major European countries, namely Britain and Germany. Preliminary market analysis shows that developed western regions, North America and Europe are the leaders of the carbon fiber market, accounting for more than 60 percent of the total market revenue. The demand in the automotive and aerospace industry is exponentially growing, which will continue to consolidate the position of these regions in the global carbon fiber industry. The most powerful market is also attributed to strict regulatory structures related to fuel efficiency and carbon emissions.
