Analysis of the Current Status of Carbon Fibre Tubing Industry in 2024: China's Carbon Fibre Tubing Market Scale is 153.7 hundreds of million yuan

ChinaReport.com - Carbon fiber tubes are characterized by light weight, high strength, high stiffness and corrosion resistance, and have been in steady demand in many areas in recent years. The continuous technological advancement has also reduced the cost of carbon fiber tubes in the market, which has a positive impact on the development of carbon fiber tubes. Below is an analysis of the current status of the carbon fiber tubes industry in 2024.

Carbon Fibre Tubes industry is a national strategic emerging industry with a broad development prospect in the lightweight market and irreplaceable advantages in national defense and security, aviation and aerospace sectors. China's carbon fiber tubes market will grow from RMB3.81 billion in 2017 to RMB10.6-4 billion in 2021, with a compound annual growth rate of 29-3%, maintaining a growth trend. Analysis of the current status of the carbon fiber tubes industry shows that China's carbon fiber tubes market will reach RMB15.3-7 billion by 2023.

Changes in China Carbon Fiber Tubes Market Size 2019-2023  Unit(hundred million)

Industry Demand for Carbon Fiber Tubing

Aviation & Aerospace: Carbon fiber tubes are widely used in aviation & aerospace industry for aircraft structures, spacecraft parts, etc. The light weight and high strength of carbon fiber tubes can reduce the weight of aircraft and improve fuel efficiency and load capacity. Due to its lightweight and high strength, carbon fiber tubes can reduce the weight of airplanes and improve fuel efficiency and load carrying capacity, and are therefore in great demand in the aviation and aerospace industry. 

Automobile industry: With the increasing demand for environmental protection and fuel efficiency, automobile manufacturers are increasingly inclined to use lightweight materials to reduce the weight of automobiles. Due to its lightweight and high strength, carbon fiber tubes are widely used in automobile manufacturing, such as body structure, chassis and other parts. 

Manufacturing of Sports Goods: Analysis of Current Status of Carbon Fibre Tubing Industry It is mentioned that carbon fibre tubing is also in demand in the manufacturing of sports goods. For example, carbon fiber tubes are often used in the shafts of golf clubs, bicycles, tennis rackets, etc. to enhance the lightness and strength of the products. 

Construction: In construction, carbon fiber tubes are used to strengthen and reinforce concrete and steel structures. Carbon fiber tubes have good corrosion resistance and high strength, and can improve the seismic and load-bearing capacity of buildings.

Background of Carbon Fiber Tubing Industry Development 

Early research: In the 1960s, scientists started to research and develop carbon fiber. Carbon fiber is a type of fibrous material made up of carbon elements, which is lightweight, strong and corrosion-resistant. 

Commercialization of production: By the 1970s, people began to realize that carbon fibre has a wide potential for commercial applications. As a result, some companies started to invest a lot of resources in the commercial production of carbon fibers and produced carbon fiber tubes as products.

Application in aviation and aerospace: Carbon fiber tubes are widely used in aviation and aerospace. The light weight and high strength of carbon fiber tubes make them an ideal choice for aircraft structures and components. In the 1980s, carbon fiber tubes began to find wider application in the aerospace industry. 

Applications in the automotive industry: As the demand for energy efficiency and environmental protection increased, automotive manufacturers began to look for lightweight materials to improve fuel efficiency. Carbon fiber tubes are gradually being used in the automotive industry due to their lightweight and high strength properties. Since the 1990s, the use of carbon fiber tubes in automotive manufacturing has been increasing.

Technological advancement and cost reduction: With continuous technological advancement, the production process of carbon fiber tubes has been improved and the cost has been gradually reduced. This has further expanded the application scope of carbon fiber tubes and enabled them to gain competitive advantage in a wider range of areas. 

Overall, the CFT industry has gone through the process of R&D to commercialization and has gained wide application in various fields such as aviation and aerospace, automotive, sports goods, and so on. With the advancement of technology and increasing market demand, the carbon fiber tubing industry is expected to continue to grow.