CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

LATEST MAGAZINE

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

Carbon-fiber composites applications expected to continue growing

Share This Post
The aerospace industry is a key driver for the use of carbon-fiber composites. PHOTO courtesy Boeing.

If you’ve been working with carbon-fiber composites a lot lately, expect that to continue and grow. That’s the conclusion of a recent study by ResearchAndMarkets.com which projects the carbon fiber market to experience a compound annual growth rate of 6.50% by 2028 from its current value of USD $2.23 billion.

“These advanced materials, celebrated for their exceptional strength-to-weight ratio, are proving to be pivotal in various sectors including aerospace, automotive, and wind turbines,” the study states.

Aerospace Industry Fuels Demand

The aerospace sector remains a key driver, where the demand for lightweight and fuel-efficient materials has led to the extensive use of carbon fiber composites. Improved aircraft performance, reduced emissions, and enhanced passenger safety are central to the growing adoption of these materials. Innovations in manufacturing technologies have further solidified the position of carbon fiber composites as essential components in aircraft production.

Automotive Industry’s Shift to Lightweight Solutions

Similarly, the automotive industry’s shift towards lightweight vehicles to meet stringent emission and fuel economy standards has elevated the role of carbon fiber composites. These materials are integral in the construction of electric vehicles, promoting energy efficiency and battery range, as well as reinforcing safety structures for improved crashworthiness.

Carbon Fiber Composites Rise in Wind Turbine Applications

In the renewable energy domain, particularly wind turbines, carbon fiber composites contribute to the manufacture of longer and more efficient blades, thus supporting the pursuit of green energy. Their durability, strength, and reduced weight have positioned carbon fiber composites as beneficial for enhancing turbine performance and facilitating transport and installation of wind energy infrastructure.

Share This Post

Recent Articles




Wordpress Social Share Plugin powered by Ultimatelysocial
error

Enjoy this post? Share with your network