Recently, JSTN Technology Group announced that the company will invest 830 million yuan to expand the production of carbon-based conductive material composite products. After completion, it will reach 50,000 tons of conductive paste, 5,000 tons of conductive plastic masterbatch and 3,000 tons of carbon tubes. Purification processing capacity.
JSTN intends to further strengthen the leading position of carbon nanotube conductive paste in the field of power batteries. The new composite product project to be built this time is an important part of the company's continuous improvement of advanced production capacity in the future.
JSTN is mainly engaged in the research and development, production and sales of nano-scale materials and related products. The company is one of the largest carbon nanotube manufacturers in China, and its products have entered well-known domestic and foreign battery manufacturers such as CATL, ATL, and BYD.
It is worth mentioning that the rapid growth of the power lithium battery market will directly drive the rapid growth of the demand for carbon nanotube conductive paste products. Compared with traditional conductive agents, carbon nanotube conductive paste can better improve the energy density of power batteries, and it has gradually become the first choice of power battery manufacturers in recent years.
Since 2014, carbon nanotube conductive agents have gradually penetrated the power battery market and have replaced carbon black as the mainstream conductive agent in China. It is estimated that by 2023, the penetration rate of carbon nanotube conductive agent in China's power lithium battery field will reach 82.2%.
According to GGII, China's carbon nanotube conductive paste shipments will reach 72,000 tons in 2021. In the next five years, China's carbon nanotube conductive paste market sales will maintain a high growth trend. By 2025, China's carbon nanotube conductive paste Paste shipments will exceed 320,000 tons, becoming the field with the highest growth in the field of conductive agents for lithium batteries.
"In the field of lithium batteries, the global carbon nanotube conductive paste demand will continue to maintain a rapid growth trend in the next five years." JSTN said that the company expects to plan to build a world-leading automated and intelligent conductive material production line in 2025. With the implementation of this project, the company can respond to the rapidly growing market demand, expand its market share, and strengthen its competitive advantage in the market.