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Segmented data survey of short cut carbon fiber industry, overall global market size
Short cut carbon fiber is a type of fiber material that processes continuous carbon fibers into small segments of a certain length (usually several millimeters to tens of millimeters) through mechanical shearing or cutting processes. It has excellent properties such as high strength, high modulus, corrosion resistance, and light weight. Compared to continuous carbon fiber, short cut carbon fiber is more suitable for mixing with thermoplastic or thermosetting resins to form composite materials. It can be processed into complex structural components through various molding processes such as injection molding, compression molding, 3D printing, etc. It is widely used in fields such as automobiles, electronics, civil engineering and building reinforcement, aerospace and sports equipment. It retains the mechanical performance advantages of carbon fiber while improving the processing flexibility and cost-effectiveness of materials.
At present, the short cut carbon fiber industry is in a period of rapid growth. With the widespread application of composite materials in automotive and transportation, electronics, wind power, new energy and other fields, short cut carbon fiber, as a more cost-effective and adaptable reinforcement material, has rapidly increased market demand and become one of the most active sub sectors for carbon fiber applications.
At the same time, the downstream application structure of short cut carbon fiber has been optimized. Its traditional applications are concentrated in electronic appliances and automotive injection molded parts, and it has now expanded to high growth areas such as electric vehicle battery thermal management systems, hydrogen energy storage tank substrates, drones, and lightweight components for 3C products, with an increasing proportion of usage.
According to the latest research report by QYResearch, it is expected that the global market size of short cut carbon fiber will reach 820 million US dollars by 2031, with a compound annual growth rate (CAGR) of 10.3% in the coming years.
Ranking and market share of the top 10 global short cut carbon fiber manufacturers (based on 2024 research data; the latest data is subject to our company's latest research data)
Worldwide, the main producers of short cut carbon fiber include Toray, MCCFC, Teijin, etc., with the top three manufacturers holding 53% of the market share.
Main driving factors:
The increasing demand for lightweight and high-strength materials in industries such as automobiles, new energy, rail transit, and aerospace is driving the replacement of traditional metal or mineral fillers with short carbon fibers.
Main obstacles:
Despite its superior performance, the price of short cut carbon fiber is still relatively high compared to traditional reinforcement materials, making it difficult to replace fiberglass, mineral fibers, and other materials on a large scale in some mid to low end markets.
Industry development opportunities:
Policies in various countries encourage the use of renewable, biodegradable, or lightweight materials, and short carbon fiber as an environmentally friendly material is favored by policies.
Key areas include market research reports, feasibility studies, IPO consulting, and business plans. In terms of market research reports, QYResearch's research team delves deeply into market data and provides customers with accurate and comprehensive market status and trend information through scientific methods and rigorous analysis, helping companies understand key elements such as the size, growth potential, and competitive landscape of their target markets. Market research reports place greater emphasis on in-depth analysis of specific industries or segmented markets, conducting comprehensive analysis from multiple dimensions such as macroeconomic environment, policies and regulations, and technological innovation, providing strong support for enterprises to formulate development strategies.
Information source:
https://it.sohu.com/a/910025419_121126373
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