Carbon fiber to go mainstream in automotive by 2025

03/16/2015

Driven by a faster-than-expected pace of technological development, carbon-fiber reinforced plastics (CFRPs) will be poised to gain widespread adoption for automotive lightweighting by 2025, according to a study by analyst firm Lux Research (Boston, MA).

Advances underway in fiber, resin and composite part production will reportedly lead to a $6 billion market for automotive CFRPs in 2020, more than double Lux's earlier projection. Even this figure is dwarfed by the full potential for CFRPs in automotive if they can become affordable enough for use in mainstream vehicles according to the firm.
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