Future of Carbon Fiber

The future of Carbon Fiber is very bright, with vast potential in many different industries. Among them are:

  • Alternate Energy –– Wind turbines, compressed natural gas storage and transportation, fuel cells
  • Fuel Efficient Automobiles –– Currently used in small production, high-performance automobiles, but moving toward large production series cars
  • Construction and Infrastructure –– Light weight pre-cast concrete, earth quake protection
  • Oil Exploration –– Deep Sea drilling platforms, buoyancy, umbilical, choke and kill lines, drill pipes

The Commercialisation Concept:

In order to fully develop carbon fibres in these industries and others, carbon fibre manufacturers need to continue to increase their capacity and change their mindset so that they are committed to the commercialisation concept. The ideal conditions that would allow the carbon fibre industry to reach its vast potential are if carbon manufacturers:

  • Target new applications
  • Develop new and lower cost technology
  • Reinvest profits with long term objectives in mind – no small operators focusing on low volume, high price
  • Fully understand supplier’s costs and future strategy
  • Identify and focus on market driver’s
  • Work to aggressively reduce costs
  • Consolidate so that weaker players help strengthen the stronger ones
  • Share incremental improvements to help support market growth
  • Understand that the primary competitors to carbon fibres are other materials, not other carbon fibre manufacturers.

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