Carbon Fibre Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Carbon Fibre in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Carbon fibres are competitive and cost-effective compared to metals. Due to their excellent mechanical and chemical properties, carbon fibre demand has constantly been increasing globally. The final cost of carbon fibres not only depends on the material cost but also heavily on the manufacturing process.
The price of carbon fibres can vary depending upon the raw material used. For polyacrylonitrile(PAN)-based carbon fibre, the cost of PAN raw silk is 11.11 USD/kg, which accounts for 51% of the production cost, followed by carbonization and pre-oxidation processes which cost around 5.12 USD/kg and 3.40 USD/kg respectively. Based on a gross profit margin of 30%, the price of PAN-based carbon fibre averaged 28 USD/kg in the Chinese domestic market.
In the Chinese market, the price of domestic carbon fibre averaged 180 RMB/MT, while that of T300 grade 12K carbon fibre averaged 180-200 RMB/MT. The domestic T300 grade 24/25K carbon fibre market price averaged 150-155 yuan/kg, while that of the domestic T700 grade 12K carbon fibre market price averaged 260-270 yuan/kg. Hence, the price trends of carbon fibres remained strengthened throughout the first half of the said year.
Procurement Resource provides latest prices of Carbon Fibre. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Carbon fibers are high performance parallel filaments of graphitic carbon with numerous applications in industrial and research fields. Carbon fiber is five times stronger than steel and twice as stiff, making it the ideal manufacturing material. Carbon fiber is made of thin, strong crystalline filaments of carbon that are used to strengthen the material. Carbon fiber can be thinner than a strand of human hair and gets its strength when twisted together like yarn. Then it can be woven together to form cloth, and if needed to take a permanent shape, carbon fiber can be laid over a mold and coated in resin or plastic.
Report Features | Details |
Product Name | Carbon Fibre |
HS Code | 68151090 |
Industrial Uses | Aerospace, Military Equipment, Automotive Industry, Manufacturing Industries |
Supplier Database | Hexcel Corporation, SGL Carbon, Toray, Mitsubishi Chemical Holdings, Solvay |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The process starts by drawing long strands of fibers and heating them to a very high temperature without allowing contact with oxygen to prevent the threads from burning. This is when carbonization occurs, during which the atoms inside of the fibers vibrate violently, expelling most of the non-carbon atoms. This leaves a fiber composed of long, tightly interlocked chains of carbon.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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