Growth Opportunities in the Chinese Carbon Fiber Market: 2016-2021 Trends, Forecast, and Market Analysis, June 2016

June 2016 | 121 pages | ID: G62074E7992EN
Lucintel

Abstracts

According to a new market report published by Lucintel, the future of the Chinese carbon fiber market looks good, with opportunities in the sporting goods, aerospace, and industrial applications. 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.

In this market, sporting goods, aerospace, and industrial applications are the end use applications of carbon fiber. 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.

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.

For market expansion, this report suggests innovation and new product development, where the unique characteristics of carbon fiber can be capitalized. The report further suggests the development of partnerships with customers to create win-win situations and development of high performance products for the end use industries.

Emerging trends, which have a direct impact on the dynamics of the industry, are increasing production of high performance carbon fiber. 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, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the Chinese carbon fiber market by end-use application, tow size, and modulus type and has come up with a comprehensive research report, “Growth Opportunities in the Chinese Carbon Fiber Market 2016-2021: Trends, Forecast, and Market Analysis.” The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. 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:

By end use application (Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2021):

• Sporting Goods
• Aerospace
• Industrial

By tow size (Value ($M) and Volume (M lbs) shipment analysis for 2015):

• Small tow
• Large tow

By modulus type (Value ($M) and Volume (M lbs) shipment analysis for 2015):

• Standard modulus
• Intermediate modulus
• High modulus

This report answers following 11 key questions:

• Q. 1. 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?
• Q. 2.Which product segments will grow at a faster pace and why?
• Q.3.What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
• Q.4.What are the business risks and competitive threats in this market?
• Q.5.What are emerging trends in this market and reasons behind them?
• Q.6.What are some changing demands of customers in the market?
• Q.7.What are the new developments in the market and which companies are leading these developments?
• Q.8.Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
• Q.9. 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?
• Q. 10. What M & A activities has transpired in the last 5 years in this market and what is its impact on the industry?

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

Contents

1. EXECUTIVE SUMMARY

2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

2.1: Introduction
  2.1.1: The Chinese Carbon Fiber Market Overview
  2.1.2: Market Served
2.2: Supply Chain for the Chinese Carbon Fiber Market

3. MARKET TREND AND FORECAST ANALYSIS

3.1: Market Analysis: 2015
  3.1.1: Carbon Fiber Market by Application
3.2: Trends of the Chinese Carbon Fiber Market from 2010 to 2015
  3.2.1: Macroeconomic Trends
  3.2.2: Trends of Chinese Economy from 2010 to 2015
  3.2.3: Factors Influencing China Economy
  3.2.4: Export and Import Market
  3.2.5: The Chinese Carbon Fiber Market by Value and Volume
  3.2.6: Industry Drivers and Challenges
3.3: Forecast for the Chinese Carbon Fiber Market from 2016 to 2021
  3.3.1: Macroeconomic Forecasts
  3.3.2: Forecasts for the Chinese Carbon Fiber Market from 2016 to 2021

4. COMPETITOR ANALYSIS

4.1: Product Portfolio Analysis
4.2: Market Share Analysis
4.3: Geographical Reach
4.4: Porter’s Five Forces Analysis

5. GROWTH OPPORTUNITY AND STRATEGIC ANALYSIS

5.1: Growth Opportunities Analysis
  5.1.1: Rapid Development of New Materials and High Tech Composites
5.2: Emerging trends of the Chinese carbon fiber market
5.3: Strategic Analysis
  5.3.1: New Product Development
  5.3.2: Capacity Expansion in the Chinese Carbon Fiber Market
  5.3.3: Mergers, Acquisitions and Joint Venture in the Chinese Carbon Fiber Market

6. COMPANY PROFILES OF LEADING PLAYERS

List Of Figures

LIST OF FIGURES

CHAPTER 2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

Figure 2.1: Carbon Fiber Sheet (Source: ACP Composites)
Figure 2.2: Carbon Fiber Application (Source: Lucintel)
Figure 2.3: Golf Shaft Application for Carbon Fiber
Figure 2.4: Fishing Rod Application for Carbon Fiber
Figure 2.5: Supply Chain for the Chinese Carbon Fiber Market

CHAPTER 3. MARKET TREND AND FORECAST ANALYSIS

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 318: Trends of the Chinese Carbon Fiber Market ($ Million) by Application 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 (Source: IMF)
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)

CHAPTER 4. COMPETITOR ANALYSIS

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

CHAPTER 5. GROWTH OPPORTUNITY AND STRATEGIC ANALYSIS

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 201 6 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

LIST OF TABLES

CHAPTER 1. EXECUTIVE SUMMARY

Table 1.1: Chinese Carbon Fiber Market Parameters and Attributes–Materials Perspective
Table 1.2: Chinese Carbon Fiber Market Parameters and Attributes – End-Product Market Perspective

CHAPTER 3. MARKET TREND AND FORECAST ANALYSIS

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

CHAPTER 5. GROWTH OPPORTUNITY AND STRATEGIC ANALYSIS

Table 5.1: New Product Launches by Major Chinese Carbon Fiber Producers during Last Five Years (Source: Lucintel)
Table 5.2: Mergers and Acquisitions in the Chinese Carbon Fiber Market
Table 5.3: Expansion in the Chinese Carbon Fiber Market