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Carbon Fiber Market Sees Higher Demand as Industries Find More Uses


Industry Segment: Metals & Minerals | Word Count: 409 Words

SUGAR LAND--August 27, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--The carbon fibers market is in the middle of a growth spurt, as several companies are planning or already constructing expansion projects to increase plant capacity. Carbon fibers are commonly used in several industries, including civil engineering and aerospace, because of their lightweight and high-strength factors. Industrial Info is tracking 12 carbon fiber projects in the U.S. and Canada with a total investment of almost $550 million.

Other companies featured: Cytec Industries Incorporated (NYSE:CYT), Hexcel Corporation (NYSE:HXL)

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