A Carbon Fiber is a fibrous carbon material having a micro graphite crystal structure made by fibrillation of Acrylic resin, a well-known textile material, or from oil/coal pitch and then by being given a certain heat treatment. Fibers may be 7 to 8 microns in diameter and are more than 90% carbonized. These fibers are extremely stiff, strong, and light, and are used in many processes to create excellent building materials. Carbon fibers, under industrial production now, are classified into PAN-based, pitch-based and rayon-based.
Carbon Fiber has several unique physical properties such as superior performance, high specific tensile strength and specific modulus carbon fiber products are the dominant materials in the wind turbine industry, and are seeing an increase in use in the automotive, marine, and infrastructure industries. India’s composites industry which stood in 2015 at around 3 lakh metric tons is projected to grow rapidly to reach 4.18 lakh metric tons by 2020 at a substantial Compound Annual Growth Rate (CAGR) of 5.8 %. Aerospace & defense industry is a major driver for growth in the carbon fiber market. It accounted for approximately a third of the total product market in terms of demand and about half of the total market revenue. Thus, due to demand it is a good project for entrepreneurs to invest.
Few Indian Major Players are as under
· 20 Microns Ltd
· Bharucha Stone & Sand Works Pvt. Ltd.
· Insilco Ltd.
· Integrated Glass Materials Ltd.
· Mines & Rock Products (India) Pvt. Ltd.
· SonalSil-Chem Ltd.