Fuji Economy recently announced the results of its global market survey of PAN-based carbon fiber composites (thermoplastic carbon fiber reinforced plastics and thermoset carbon fiber reinforced plastics). According to Fuji Economic Survey statistics, in 2018, the global market size of PAN-based carbon fiber composite materials was equivalent to RMB 86.1 billion, and it is predicted that the global market size in 2030 will be 2.6 times that of 2017, reaching 215.8 billion yuan.
Among them, in the CFRP (thermoset carbon fiber reinforced composite) global market, according to Fuji Economic Survey statistics, the global market size of CFRP in 2018 was 82.3 billion yuan, and the global market size is expected to reach 193 billion yuan in 2030. Application areas include aircraft, wind power blades, automobiles, sports and leisure, etc., especially the field of wind power blades is the largest growth area of demand. In the field of wind power blades, in the ongoing offshore wind power projects in Europe, China and other countries and regions, large blades of 5MW to 10MW wind turbines will effectively achieve weight reduction after using CFRP materials. In the future, the application of CFRP materials in this field is expected to grow.
CFRTP (thermoplastic carbon fiber reinforced composite) applications are divided into short / long fiber reinforced composites and continuous fiber reinforced composites. With the popularization of auto-driving functions in the future, short / long fiber-reinforced composite materials are expected to be used in automotive sensor cameras, electromagnetic wave shields and other components, and demand is expected to increase. Although continuous fiber processing products are currently only used in the aircraft field, it is expected that from 2025 to 2030, it will be involved in the application of automobile frames and structural components, and demand will increase significantly.