研判2025！中国碳纸‌行业产业链全景、发展现状、企业布局及发展趋势分析：技术迭代与集群崛起，碳纸产业迈向高端化、生态化发展新阶段[图]

Core Viewpoint - The carbon paper industry in China is experiencing rapid growth, driven by technological advancements and domestic substitution, with some products reaching international standards, although high-end equipment and batch consistency still rely on imports [1][2]. Group 1: Industry Overview - Carbon paper is a high-performance material made from short-cut carbon fibers, categorized into dry and wet processes, and is essential for fuel cells and electrolyzers [1][2]. - The industry is characterized by a complete ecosystem with upstream raw material supply, midstream manufacturing, and downstream applications, primarily driven by hydrogen fuel cell vehicles [5][7]. Group 2: Market Dynamics - The total production capacity of carbon fiber in China is projected to reach 144,000 tons per year by 2024, with an output of approximately 59,000 tons, supporting the carbon paper industry [7]. - The demand for gas diffusion layers in fuel cells is expected to exceed 20 million square meters by 2030, increasing the carbon paper market size from 312 million yuan in 2025 to 1.998 billion yuan in 2030 [1][8][11]. Group 3: Competitive Landscape - The competitive landscape is shifting from foreign monopoly to domestic leadership, with key players like State Power Investment Hydrogen Energy and Shanghai Carbon Industry leveraging proprietary technology and scale [11][12]. - The industry is witnessing a multi-tiered structure, with first-tier companies dominating through comprehensive technology and capacity, while second-tier firms focus on niche markets [11][12]. Group 4: Development Trends - The carbon paper industry is moving towards high performance, low cost, and an integrated ecosystem under the "dual carbon" goals, with expansion into new fields like hydrogen production and semiconductors [1][14]. - Technological advancements are driving the industry towards high precision and customization, with domestic companies overcoming key technical challenges and achieving import substitution [14][15]. - The market is expected to grow at an annual rate exceeding 40% due to policy support and increasing demand from the hydrogen and energy storage sectors [15][16].