Year Carbon Fiber (CF) Market
2007 35,000 tons
2008 40,000 tons
2009 46,000 tons
2010 52,000 tons
2011 60,000 tons
2012 69,000 tons
2015 88,000 tons
70-80% of the CF market is for industrial purposes (10-15% growth in industrial), but the market for aircraft parts is growing the fastest (15-24% growth). The overall market is projected to grow at 10-15% per year.
A new and growing CF market will be for car parts and body panels.
Using 100kg in 6.5 million cars would see a CF market of 654,000 tons per year in the 2020s.
Toray expansion plans from 2007
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.