中国电极箔行业市场发展现状及市场前景预测

Core Insights - The article emphasizes the critical role of electrode foil in the manufacturing of electrolytic capacitors, highlighting its function as both a conductor and the physical basis for the insulating dielectric layer [1][2] Industry Overview - The production of electrode foil involves two key processes: electrochemical etching to increase surface area and anodization to create a thin insulating oxide layer [1] - The global market for high-end aluminum electrolytic capacitor electrode foil is dominated by manufacturers from Japan and South Korea, while ordinary products are primarily produced in mainland China and Taiwan [5] - Japanese companies like JCC and KDK hold a significant share of the international high-end electrode foil market due to advanced technology and strong R&D capabilities [5] Market Dynamics - In China, companies such as Dongyangguang Technology, Xinjiang Zhonghe, Nantong Haixing, and Huafeng Co. are major players capable of large-scale production of both etched and anodized foils, leading to a monopolistic market structure [6] - The Chinese electrode foil industry had a market size of 12.753 billion yuan in 2020, projected to grow to 20.539 billion yuan by 2024, reflecting a year-on-year growth of 13.06% [6] - The industry is characterized by high growth potential driven by demand from the new energy sector and electronic upgrades, with a strong trend towards domestic substitution [6] Future Projections - The market size of the Chinese electrode foil industry is expected to grow at a rate of approximately 8% from 2025 to 2031, reaching 37.797 billion yuan by 2031 [7] - The article suggests that companies with strong technical capabilities, high-end product ratios, and effective cost control are well-positioned to benefit from industry growth and domestic substitution trends [6][7]