Carbon fiber is composed of carbon atoms bonded together to form a long chain. The fibers are extremely stiff, strong, and light, and are used in many processes to create excellent building materials. Carbon fiber material comes in a variety of "raw" building-blocks, including yarns, uni-directional, weaves, braids, and several others, which are in turn used to create composite parts.

Carbon fiber is extremely strong. It is typical in engineering to measure the benefit of a material in terms of strength to weight ratio and stiffness to weight ratio, particularly in structural design, where added weight may translate into increased lifecycle costs or unsatisfactory performance. The stiffness of a material is measured by its modulus of elasticity. The modulus of carbon fiber is typically 33 msi (228 GPa) and its ultimate tensile strength is typically 500 ksi (3.5 Gpa). High stiffness and strength carbon fiber materials are also available through specialized heat treatment processes with much higher values.

Carbon Composite Fiber

Carbon Composite fibre is produced from the raw material used PAN, pitch etc. Quality of composite carbon fibre produced from PAN is much better than the product produced from the pitch. It is one of high technology base product with fair market demands in India. Carbon fibers are black fibers used as yarns felt or powder like short mono filaments with diameters smaller than 10 mm. They are mainly applied to reinforce polymers, much like glass fibers have been used for decades in fiber glass. It has special used in the special type industries like aeronautical industry, automobile industry.

Carbon Fiber

Carbon fibers have been under continuous development for the last 50 years. The properties of carbon fibers, such as high stiffness, high tensile strength, low weight, high chemical resistance, high temperature tolerance and low thermal expansion, make them very popular in aerospace, civil engineering, military, and motorsports, along with other competition sports. However, they are relatively expensive when compared to similar fibers, such as glass fibers or plastic fibers. Carbon fibers are usually combined with other materials to form a composite.

Market Outlook

Indian carbon fiber composites market is poised for dramatic growth rate of 22% and expects to reach over US$ 50 mln in the next 5 years, driven by various industrial applications, as per Composite Insights.

Global carbon fiber market volume accounted for around 35-kilo tons while market revenue accounted for approximately USD 1.9 Billion in 2015 and is expected to reach approximately USD 3.3 Billion by 2021, growing at a CAGR of around 9.8% between 2016 and 2021.

Global Carbon Fiber Reinforced Polymer is growing rapidly post 2016 as the market is boosted due various industries such as Construction, Electrical Isolation, Industrial, Marine and Others. Global carbon fiber reinforced polymer which is growing rapidly and expected to continue its growth by the end of 2022.

The global carbon fibre reinforced plastic (CFRP) market is expected to reach $ 27.98 billion by 2024 from $ 11.6 billion in 2015.

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