Core Viewpoint - The development of humanoid robot tendon materials is driven by advancements in ultra-high molecular weight polyethylene (UHMWPE) fibers, which have achieved performance levels comparable to international leaders while reducing costs by 30% [1][17]. The mass production plans of benchmark products like Tesla's Optimus are significantly increasing the demand for high-end tendon materials [1][17]. Industry Overview - Humanoid robot tendon materials are used to connect and fix robot joints, simulating human tendons to drive joint movement. These materials are crucial for enhancing the dexterity and lightweight characteristics of robotic hands [2][9]. Industry Development History - The industry has undergone three phases: 1. **Technical Enlightenment (2019-2022)**: The introduction of UHMWPE as a key strategic material by the Ministry of Industry and Information Technology (MIIT) and the initiation of domestic production [9]. 2. **Industrial Exploration (2023-2024)**: The MIIT's guidance on humanoid robot innovation and the successful mass production of high-strength fibers by companies like Nanshan Zhishang [10]. 3. **Ecosystem Construction (2025-Present)**: The establishment of standards and funding support for tendon material companies, with advancements in fiber strength and the introduction of smart tendon materials [10][24]. Industry Chain - The upstream of the tendon materials industry includes raw materials like UHMWPE resin and production equipment. The midstream involves the manufacturing of tendon materials, while the downstream applications include humanoid robots, industrial robots, and medical robots [12]. Market Size - The market for humanoid robot tendon materials in China is projected to grow from 1.325 million RMB in 2025 to 47.368 million RMB by 2029, with a compound annual growth rate (CAGR) of 144.52% [1][17]. Key Companies' Performance - Key players in the UHMWPE fiber sector include Jiuzhou Xingji, Qianxi Longxian, Tongyi Zhong, Henghui Anfang, and Nanshan Zhishang, with significant production capacities and product performance [19][22]. For instance, Jiuzhou Xingji has an annual production capacity of 30,000 tons, leading globally [19]. Industry Development Trends 1. **Material Performance and Smart Integration**: The industry will focus on enhancing UHMWPE fibers' strength and reducing creep rates, while also developing smart tendon materials with real-time monitoring capabilities [24]. 2. **Application Scenario Diversification**: The demand for tendon materials will split into high-end applications for medical and rehabilitation robots and low-cost solutions for educational and entertainment markets [25][26]. 3. **Domestic Substitution and Global Supply Chain Restructuring**: Chinese companies are accelerating domestic substitution and entering global supply chains, with a projected increase in domestic market share from 20% in 2023 to 35% in 2024 [27].

Investment Rating - The report does not explicitly state an investment rating for the humanoid robot tendon material industry Core Insights - The market size for humanoid robot tendon materials in China is projected to grow significantly from 552 million RMB in 2024 to approximately 47.37 billion RMB by 2029, indicating a robust growth trajectory [9] - The estimated sales volume of humanoid robots in China is expected to increase from 4,600 units in 2024 to nearly 394,737 units by 2029 [20] - The average price of humanoid robots is forecasted to decline from 60,000 RMB in 2024 to 19,000 RMB by 2029, reflecting a trend towards affordability [16] - Each humanoid robot is estimated to require 20 tendon strands, maintaining this number consistently from 2024 to 2029 [26] - The price per tendon strand is expected to remain stable at 60 RMB throughout the forecast period [30] - The value of tendon materials per humanoid robot is projected to remain constant at 1,200 RMB from 2024 to 2029 [34] Summary by Sections Market Size of Humanoid Robot Tendon Materials - The market size is calculated based on the formula C*F, where C represents the sales volume of humanoid robots and F represents the value of tendon materials per robot [9] Sales Volume of Humanoid Robots - The sales volume is derived from the overall market size divided by the average price of humanoid robots, showing a clear upward trend in unit sales over the years [20][22] Average Price of Humanoid Robots - The average price is expected to decrease significantly, which may drive higher sales volumes as robots become more accessible [16][23] Number of Tendon Strands per Robot - Each humanoid robot is projected to use 20 tendon strands, which is consistent across the forecast period [26] Price per Tendon Strand - The price per tendon strand is expected to remain unchanged at 60 RMB, indicating stability in material costs [30][37] Value of Tendon Materials per Robot - The value of tendon materials per humanoid robot is projected to stay constant at 1,200 RMB, reflecting a stable cost structure for manufacturers [34]

Investment Rating - The report indicates a strong growth potential for the humanoid robot tendon materials industry, with an expected compound annual growth rate (CAGR) of 144.52% from 2025 to 2029, growing from 13.25 million RMB to 473.68 million RMB [29]. Core Insights - The humanoid robot tendon materials, primarily made from UHMWPE fibers or steel cables, are essential for the dexterous hands of humanoid robots, acting as "tendons" to facilitate finger movements and enhance control capabilities [4][10]. - 2025 is projected to be the year of mass production for humanoid robots, marking a significant acceleration in the industry as it transitions from concept to reality [4][33]. - The industry is characterized by a high concentration of production in China, which is expected to dominate the global market for UHMWPE fibers, accounting for over 67% of the total production capacity by 2023 [17][41]. Industry Definition - Tendon materials are classified into two main categories: steel cables and ultra-high molecular weight polyethylene (UHMWPE) fibers, with UHMWPE being the predominant material used in humanoid robot applications [5][6]. Industry Classification - The humanoid robot tendon materials can be categorized based on their material composition, specifically into steel cable tendon materials and UHMWPE fibers [6]. Development History - The development of UHMWPE fibers began in 1957, with significant advancements leading to commercial production in China by the late 1990s. The industry has since entered a rapid growth phase, particularly in the 21st century [12][15]. Industry Chain Analysis - The industry chain consists of upstream raw material suppliers, midstream tendon material manufacturers, and downstream application sectors focused on humanoid robot dexterous hands [18]. Market Size and Growth - The humanoid robot tendon materials market is expected to grow significantly, driven by increasing demand for humanoid robots, with the market size projected to reach approximately 5.3 billion RMB by 2025 [33]. Policy Support - Various government policies in China are aimed at promoting the development of the humanoid robot industry, including the "14th Five-Year Plan" which emphasizes breakthroughs in high-end equipment like humanoid robots [30][35]. Competitive Landscape - The UHMWPE fiber market is characterized by high concentration, with leading companies such as Kyushu Star and international players like Honeywell and DSM dominating the sector [38][40]. Company Overview - Beijing Tongyi New Material Technology Co., Ltd. is a key player in the UHMWPE fiber market, focusing on the research and production of high-performance fibers and composite materials [52].