According to analysts at Frost & Sullivan, the increasing emphasis on reducing fossil fuel consumption and addressing the issue of global warming is underlining the business case for the material.

“The importance of shifting from conventional forms of energy to clean energy sources, especially in the developing world, will significantly contribute to the development of carbon fiber for the energy sector,” said technical insights research analyst Vivek Ninkileri.

Reduce waste

To ensure large-scale uptake in more industries, manufacturers must design an eco-friendly and economical recycling method to prevent accumulation of carbon fiber waste, he suggests. 

Research activities, along with strategic and research partnerships between the research community and the industry will also be crucial to spearhead the sustainable use of carbon fiber. 

“Manufacturers and technology providers are also concentrating on reducing the specific energy consumption of the manufacturing process,” Ninkileri added. “This will substantially reduce costs and bridge the gap between research and commercialization of carbon fiber.”

For more information about the report, Carbon Fibres Technology ? 9 Dimensional Assessment, go here.