The 21st century has required structural designers to reduce weight and conserve energy. This has resulted in carbon fiber composites as the primary material solution of choice due to the extraordinary material properties carbon fibers offer. Market applications for Carbon Fiber include aerospace, industrial, marine, automotive and sport/leisure goods.
Carbon Fiber material properties are achieved by spinning and stretching a highly engineered acrylic fiber (precursor) and then carbonizing this fiber at extreme temperatures. High performance carbon fibers include: "High Strength" grade tensile strength of 4.9 GPa (710KSI) and tensile modulus of 250 GPa (36.5MSI) "Intermediate Modulus" grade tensile strength of 5.5 GPa (800KSI) and tensile modulus 290 GPa (42MSI). These fiber types account for over 70% of the total worldwide market demand.