Unlocking the potential of low-cost carbon fiber to revolutionize global industries.
Explore the ChallengeReaching a production cost below $5/kg is the key to unlocking carbon fiber's use in mass-market applications. This analysis explores the markets this would create, the technologies to get there, and the partnerships required for success.
$22/kg
Avg. for industrial-grade PAN-based fiber
$5/kg
The goal for mass-market vehicle adoption
A sub-$5/kg price point would transition carbon fiber from a niche, high-performance material to a mainstream commodity. Click on the bars below to learn more about the potential impact on each sector.
Click a bar on the chart to see details here.
The journey requires innovation in both cheaper raw materials (precursors) and more efficient manufacturing processes. Explore the leading pathways below by clicking on each card.
Below is a baseline cost model for a 3,000 ton-per-annum (3kTA) facility using a next-generation precursor and advanced processing. This forms the basis for the financial simulation on the next page.
| Item | Cost (Millions) |
|---|---|
| Fiber Line Equipment | $65.0 |
| Precursor & Utilities | $20.0 |
| Land & Buildings | $15.0 |
| Total CAPEX | $100.0 |
| Item | Cost/Year (Millions) |
|---|---|
| Raw Materials (Precursor) | $24.0 |
| Energy (Process & Utilities) | $3.15 |
| Labor & Overhead | $7.0 |
| Maintenance & Spares | $3.0 |
| Total Annual OPEX | $37.15 |
$4.95 / kg
(Total Annual Cost / 3,000,000 kg), assuming 10-year depreciation of CAPEX.
Analyze the financial viability of the 3kTA facility. Adjust the key variable ranges below to run a Monte Carlo simulation and visualize the potential range of outcomes for NPV and IRR.
Success requires a concerted effort across academia, government, and industry. Key players are advancing research, developing technology, and creating the value chains necessary for commercialization.
The following key sources were consulted and verified for accuracy.