碳纤维行业巨头价格大幅上调，行业景气度有望改善

Industry Overview - The global carbon fiber industry is currently in a recovery phase after a period of deep price adjustments and capacity clearing, with supply and demand dynamics gradually improving [1] - The price of Toray's flagship carbon fiber products and intermediate processing products will increase by 10% to 20% starting January 2026 [1] - The industry is expected to see continued improvement in market conditions due to policies promoting supply contraction and increased concentration [1] Demand Trends - There is a structural recovery in demand, particularly strong growth in the wind power sector and a continued recovery in aerospace [1] - New growth points are emerging in the low-altitude economy, including eVTOL and drones [1] Company Insights - Seiko Instruments is a key player with a market share of over 50% in the domestic carbon fiber production line market, focusing on carbon fiber production lines, waste gas treatment systems, and composite winding equipment [1] - Jilin Chemical Fiber primarily produces and sells viscose fibers and carbon fiber products, including viscose filament, short fibers, and carbon fiber products [1]