China aerospace carbon fiber market is estimated to grow significantly during the forecast period. The increasing number of airports has also been registered in the country. The total number of China's civil airports reached 238 in 2019. In September 2019, China opened the Daxing International Airport, a mega-hub with the world's biggest terminals. The increasing number of airports and passenger traffic has increased the burden on the aircraft manufacturers to manufacture advanced and light-weighted aircraft which in turn, has led the demand for carbon fiber and contributes to the growth of the market.

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China aerospace carbon fiber market is segmented on the basis of raw material, fiber type, and application. On the basis of raw material, the market is sub-segmented into PAN and petroleum pitch & rayon. PAN is the predominant precursor for carbon fiber due to superior strength and stability, and higher carbon yield. PAN-based carbon fiber is widely used in the aerospace industry. Based on the fiber type, the market is classified into virgin aerospace carbon fiber and recycled aerospace carbon fiber. Based on the application, the market is classified into commercial aviation, military aviation, and rotorcrafts.

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Market Segmentation

China Aerospace Carbon Fiber Market by Raw Material

Polyacrylonitrile (PAN)
Petroleum Pitch & Rayon

China Aerospace Carbon Fiber Market by Fiber Type

Virgin Carbon Fiber
Recycled Carbon fiber

China Aerospace Carbon Fiber Market by Application

Commercial Aviation
Military Aviation
Rotorcrafts

Company Profiles

Formosa Plastics Corp.
Hyosung Corp.
Jiangsu Hengshen Co. Ltd.
Nippon Carbon Co. Ltd.
SGL Carbon SE
Taekwang Industrial Co. Ltd.
Toray Industries, Inc.
Teijin Ltd.
Weihai Guangwei Composites Co., Ltd.

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