According to Japanese sources, China’s market for carbon fibers is around 50,000 t, of which over 60% is imported. As a result of the rapidly increasing demand for this material for lithium battery separators and the photovoltaic industry in China, Chinese companies are now increasingly entering the production. For example, Zhongfu Shenying, a subsidiary of China National Building Material Corporation, has just started up a 10,000 t plant in Xining, Qinghai province.

Japan JST China news, October 15, 2021