Carbon fiber market outlook

July 28th, 2021

According to a report by, the global carbon fiber market is projected to grow from $3.7 billion in 2020 to $8.9 billion by 2031, at a CAGR of 8.6% between 2020 and 2031. Carbon fibers are popular in aerospace, civil engineering, military and motorsports due to their high tensile strength, low weight and high […]

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Carbon fiber textile market outlook

November 30th, 2020

According to a report by Lucintel, the carbon fiber textile market is expected to decline in 2020 due to global economic recession led by COVID-19. However, the market is expected to recover in 2021 and it is predicted to reach an estimated $1.5 billion by 2025 with a CAGR of 0.5% to 2.5% from 2020 […]

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Fibers of the future

August 1st, 2019

Roughly five times lighter than a more conventional steel structure, the BUGA Fibre Pavilion was created using robotics technology that placed fibrous filaments between two rotating winding scaffolds. The process created the predefined shape of the building component, which included a lattice of translucent glass fibers onto which black carbon fibers were placed where structurally […]

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Robots on the wing

August 1st, 2019

Purdue University researchers are building robotic hummingbirds taught to fly using artificial intelligence methods. The robots fly while tethered to an energy source, but the researchers expect that soon they will have the freedom of battery operation. Photos: Purdue University/Jared Pike. Hummingbirds are amazing creatures: They flap their wings as fast as 80 times per […]

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Building a better umbrella

May 1st, 2019

Built to last, the Hedgehog Carbon features a rib suspension system that adjusts to wind conditions. Photos: Hedgehog Products. Umbrellas come in different shapes and sizes, but often the chief problem is that they don’t hold up to wind. Consider estimates that more than one billion umbrellas are broken every year: That’s enough polyester waste […]

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Breath/ng sculpture absorbs air pollution

September 1st, 2018

Milan Design Week is the ultimate destination in the world of design. The city is transformed into a showcase for hundreds of artists, designers and brands to present their creative best. For this year’s show held in April, the organizers challenged the industry to incorporate innovation and sustainability into their offerings. Acclaimed Japanese architect Kengo […]

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Carbon fiber Humanity Star takes to the skies

April 1st, 2018

Scientist and engineer Peter Beck is on a mission to make commercial space travel a reality. He founded Rocket Lab in 2006 to provide frequent launch opportunities to low earth orbit. Beck also wanted to create a way to connect people to the night sky, to bring people together. He hopes to demonstrate that we […]

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Partnership to transform carbon fiber

August 4th, 2017

Deakin University and LeMond Composites have formed a partnership in a $58 million deal aimed at making carbon fiber more accessible worldwide. Signed by Greg LeMond, three-time Tour de France winner and founder and CEO of LeMond Composites and Deakin University Vice-Chancellor Professor Jane den Hollander AO, the agreement allows LeMond Composites to license new […]

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Keeping up with carbon

March 1st, 2017

Demand for carbon fiber stresses market ability to provide it,  but costs and efficiences are expected to improve. Although carbon fiber as a commodity has been around since the late 1960s, only in the past 10 years can there truly be considered a dynamic market of real substance with steady growth potential. Others in the […]

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Sigmatex UK announces major investment

April 28th, 2015

Funding awarded from the U.K. to produce lighter vehicles English carbon-fiber manufacturer Sigmatex has been awarded funding from the U.K. through the Advanced Manufacturing Supply Chain Initiative (AMSCI) for a project that aims to produce higher volumes of composites in the U.K. to accelerate the building of lighter vehicles. The Sigmatex Lightweighting Excellence Programme (LX) […]

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