Wednesday, September 20, 2017

Hankuk Carbon - composite material producing company

Hankuk Carbon - composite material producing company
http://www.hcarbon.com
http://dart.fss.or.kr/dsaf001/main.do?rcpNo=20160516002034

Carbon-based materials generally have high strength, high elasticity, and their applications are very diverse. Demand for carbon materials, which have 10 times higher strength but only 25% weight compared with iron is expected to increase in the future.

Let's look at the sales composition of Hankuk Carbon.


As you can see, we see that sales relying on LNG carriers are close to 60%. In the super long term, LNG demand is expected to decline, and demand of LNG carriers that deliver it are also expected to decrease, which should lead to a decline in sales of Hankuk Carbon.

However, in 10 to 20 years of time period, this is expected to offset the decline in sales from LNG carriers, as carbon fibers will be applied to automobiles, and insulation materials used for housing construction will require higher performance. It is likely to surpass the sales from the current LNG carrier.

No comments:

Post a Comment