Domestic companies open carbon fiber capacity expansion, the head of the enterprise or the biggest beneficiary

According to the "2021 Global Carbon Fiber Composites Market Report", the total demand for carbon fiber in China is 62,400 tons, of which 33,100 tons are imported and 29,300 tons are supplied domestically, and the carbon fiber localization rate is only 46.96%. 

Due to cost constraints, large filament bundles fit the low-cost requirements of wind power blades. In the large filament bundle carbon fiber market, the United States Hershey is the world's leading enterprise, with a global market share of 58%. 

At present, domestic enterprises such as Shanghai Petrochemical, Jilin Chemical Fiber, GuangWei Composite Material and Jilin Carbon Valley have started to lay out the production capacity of large filament bundles. Considering the difficulty of the process and the existence of barriers in all aspects of production, there will be significant differences in the progress of new production capacity launch and product validation cycle of domestic enterprises. 

The leading enterprises have obvious advantages in process, technology and other hard strengths, and are expected to become the biggest beneficiaries of the growth in demand brought by the speeding up of wind power installation and the increase in carbon fiber penetration. At present, the high price of carbon fiber, the scale of production, equipment localization is the key to reduce costs, Jinggong Technology has a thousand-ton large filament carbon fiber production line supply and solution capabilities, in terms of technology and products in the domestic leading position, will also continue to benefit. Beneficial targets: Guangwei composite material, Zhongfu Shenying, Shanghai Petrochemical, Jilin Carbon Valley, Jilin Chemical Fiber, Jinggong Technology, Zhongjian Technology.