Carbon fiber, as one of the most strategically significant new materials in the 21st century, is now embracing unprecedented development opportunities. This article will comprehensively analyze the current development status, competitive landscape and future trends of the carbon fiber industry, from the changes in global market supply and demand to the rise path of Chinese enterprises, from the direction of technological breakthroughs to the explosive growth of downstream application fields, presenting readers with a complete industrial panorama. This article will focus on interpreting the latest progress of carbon fiber in core application fields such as aerospace, new energy vehicles, and wind turbine blades, analyze the competitive strategies and technical route choices of domestic and foreign enterprises, and based on the latest policy environment and market demand, look forward to the key trends and potential opportunities of the industry's development in the next five years.