YANTAI TAYHO(SZ:002254) Chan Ye Xin Xi Wang·2025-10-27 01:17Core Insights - The organic conductive fiber industry is experiencing significant growth due to increasing demand in electronics, healthcare, and defense sectors, driven by the need for anti-static and electromagnetic shielding properties [1][7] - From 2015 to 2024, China's organic conductive fiber production is projected to grow from 183,300 tons to 403,400 tons, with a compound annual growth rate (CAGR) of 9.16%, while demand is expected to rise from 162,000 tons to 375,800 tons, with a CAGR of 9.8% [1][8] - The market size of China's organic conductive fiber industry is anticipated to expand from 3.714 billion yuan in 2015 to 11.946 billion yuan in 2024, reflecting a CAGR of 13.86% [8] Industry Overview - Organic conductive fibers are innovative materials that combine textile properties with electrical conductivity, enabling applications in various fields [3][7] - The fibers can be categorized into intrinsic conductive fibers, composite conductive fibers, and organic composite conductive yarns, based on their conductive mechanisms [3] Industry Chain - The upstream of the organic conductive fiber industry includes raw materials such as nylon, polyester, and acrylic, along with equipment like corona devices and drying equipment [5] - The midstream involves the production and manufacturing of organic conductive fibers, while the downstream applications include anti-static textiles, electromagnetic radiation protection textiles, and sensor textiles [5] Production and Demand Trends - The polyester industry serves as a foundational material for organic conductive fibers, with production expected to grow from 39.343 million tons in 2017 to 62.26 million tons in 2024, at a CAGR of 12.16% [6] - The increasing production of polyester will provide a stable supply of raw materials for the organic conductive fiber sector [6] Competitive Landscape - The global organic conductive fiber market is characterized by competition between international giants like Japan's Toray Industries and the U.S. DuPont, and emerging domestic players such as Jiangsu Textile Research Institute and Kaitai Special Fiber Technology [8][10] - Domestic companies are rapidly gaining influence through technological advancements and localized service advantages [8] Development Trends - Future growth in the organic conductive fiber industry will heavily rely on continuous innovation in materials and processes, focusing on enhancing fiber conductivity and durability [11] - The application scope of organic conductive fibers is expected to expand significantly, particularly in smart health management and flexible electronics [12][13] - Chinese companies are poised to capture international market opportunities by improving product cost-performance ratios and responding quickly to supply chain demands [14]