New Developments in the Carbon Fiber Market: Low altitude Economy and Robotics as New Growth Engines

Carbon fiber, a lightweight, high-strength, high-temperature resistant, corrosion-resistant, and long-lasting high-tech material, plays a crucial role in fields such as aerospace, automotive manufacturing, and wind power. Although its price was once a major factor restricting its widespread application, recent market trends have shown that in the first week of June, the average prices of carbon fibers in both large and small bundles have decreased, to 72.5 yuan/kg and 95.0 yuan/kg respectively, showing a downward trend year-on-year. However, compared to traditional materials, the price advantage of carbon fiber is still not significant.

At present, the domestic carbon fiber market is facing the challenge of supply-demand imbalance. The driving rate of carbon fiber enterprises in 2024 is less than 50%. Coupled with the complex international situation, the carbon fiber industry chain is facing unprecedented pressure. However, crises often contain opportunities for improvement. In recent years, with the rapid development of low altitude economy and continuous innovation of robot technology, the demand for carbon fiber is ushering in new growth points.