Market Share of China Automotive Carbon Fiber Composites Industry
The China Automotive Carbon Fiber Composites Market is dominated with various international and regional players such as Jiangsu Hengshen, Jilin Tangu Carbon Fiber and Fangda Carbon New Material . Although to have the edge over its competitors, the major automotive carbon fiber manufacturing companies are making joint-ventures, partnerships to launch newer products.
In 2019, Beijing Kangde Xin Composite Material made improvements in the automotive carbon fiber composite market. It has established itself as the top carbon fiber components manufacturer for the new energy-efficient vehicles BJEV EC3, an all-electric car manufactured by BAIC Motor Electric Vehicle Co Ltd.
In 2018, Haiyuan Automatic Equipments Co Ltd. raised 86 million USD for R & D and production of carbon fiber body parts of new energy vehicles. It offers various technological advantages in stamping and molding.
Automotive Carbon Fiber Composites Market Leaders
Jiangsu Hengshen
Jilin Tangu Carbon Fiber
Fangda Carbon New Material
Jiangsu Kangde Xin Composite Material
Jilin Carbon
*Disclaimer: Major Players sorted in no particular order
