log on Sina financial APP to search [letter cover] to see more evaluation grades

Transfer from: Prospective Industry Research Institute

major listed companies in the industry: zhongfu eagle (688295); Guangwei compound material (300699); blonde technology (600143); Jilin chemical fiber (000420); Jiangsu Hengshen (832397); Zhongjian Technology (300777), etc.

The core data of this article: basic information of major enterprises in China's carbon fiber industry; competitive echelon of China's carbon fiber industry; market share of China's carbon fiber industry

1, China's carbon fiber industry competition echelon

The start of China's carbon fiber industry can be traced back to 1962, so far it has been developed for more than 60 years, only 3 years later than the world's carbon fiber; but whether it is R & D results or manufacturing processes, there is still a certain gap between China and developed countries. In 2021, mainland China surpassed the United States for the first time to become the world's largest capacity country. At present, China's carbon fiber industry leading enterprises mainly have Jilin chemical fiber, Zhongfu Condor, Guangwei compound material and so on.

From the distribution of representative enterprises, there are more representative enterprises in Jiangsu, Jilin and other places. Representative enterprises in the carbon fiber industry in Jiangsu Province are Zhongfu Eagle, Zhongjian Technology, New Carbon Valley and so on.

at present, the first echelon of carbon fiber enterprises in China include Jilin chemical fiber and zhongfu eagle, which have a carbon fiber production capacity of more than 20000 tons. The second echelon enterprises include newly created carbon valley, Xinjiang longju, baojing carbon materials, etc. the carbon fiber precursor production capacity of such enterprises is between 5000 tons and 20,000 tons. The third echelon enterprises include Jiangsu hengshen, Taigang steel, Lanzhou blue star, etc, such enterprises carbon fiber precursor and carbon fiber production capacity of about 5000 tons.

2. China Carbon Fiber Industry Market Share

From the operating capacity of carbon fiber in various enterprises, China's carbon fiber production is mainly concentrated in Jilin Chemical Fiber, Zhongfu Eagle, Xinchuang Carbon Valley, Baojing Carbon Materials and other enterprises. The remaining enterprises share of capacity is relatively small.

3, China's carbon fiber industry market concentration

At present, the number of carbon fiber production enterprises in China is small, and the overall market concentration is high. In 2023, according to the share of production capacity of each enterprise, the carbon fiber industry CR3 exceeds 60%,CR5 is close to 80%, and CR7 exceeds 85%.

4. Business Layout of Chinese Carbon Fiber Enterprises

judging from the carbon fiber business layout of China's carbon fiber listed enterprises, except for the main layout of zhongjian technology in Beijing, other enterprises have layout at home and abroad. In terms of carbon fiber operation capacity, Jilin chemical fiber has the highest operation capacity of 49000 tons by the end of 2023. The second is Zhongfu Shenying, with an operating capacity of 28500 tons. Guangwei's compound production capacity ranked third, reaching 5100 tons.

5. Summary of China's carbon fiber industry competition

From the perspective of the five forces competition model, at present, China's carbon fiber production industry upstream product differentiation and specialization degree is high, supplier bargaining power is strong.

Compared with leading international companies, China's carbon fiber industry is still in its infancy, with small domestic production and very low self-sufficiency; while the demand for carbon fiber in downstream industries is generally on the rise, and the shortage of supply will continue. Weak bargaining power.

China's major carbon fiber companies have scale advantages. In recent years, the downstream demand has maintained rapid growth, the domestic carbon fiber market as a whole in short supply of the market background, the main company capacity and production scale advantages are becoming more and more obvious. New entrants are less of a threat.

China's carbon fiber alternative is steel. Steel and carbon fiber are common in industrial and daily applications. Both are mainly known for their excellent strength and durability. Combined with the policy analysis promulgated by the state, it is determined that the substitute threat of China's carbon fiber industry is small.

China's carbon fiber industry has a large number of enterprises, but the market concentration is high. TOP3 enterprises occupy more than half of the market share, so it is comprehensively determined that the existing enterprises in China's carbon fiber industry have a moderate degree of competition.

For more research and analysis of this industry, please refer to the "China Carbon Fiber Industry Market Outlook and Investment Strategic Planning Analysis Report" by the Prospective Industry Research Institute.

at the same time, the prospective industrial research institute also provides solutions such as industrial big data, industrial research reports, industrial planning, park planning, industrial investment promotion, industrial mapping, intelligent investment promotion system, industry status certificate, IPO consultation/feasibility study of fund-raising and investment, and application of specialized and special new small giants. Citing the contents of this article in any public disclosure such as the prospectus and the company's annual report requires formal authorization from the Prospective Industry Research Institute.

more in-depth industry analysis can be found in [prospective economist APP], and you can also communicate and interact with 500 + economists/senior industry researchers. More enterprise data, enterprise information and enterprise development are all in [enterprise search cat APP], the most cost-effective and most functional enterprise query platform.