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In Europe, carbon black of vegetable origin is used as a food coloring. The current production of carbon black is 18 billion pounds per year, from which 90% it is used in rubber applications. The average price of carbon black is $700/ton.
The problem boils down to high cost and slow processing times, according to industry officials at JEC Americas, a composites trade show held in mid-May in Atlanta. According to a sampling of people at the trade show, carbon fiber for automotive costs $10 to $12 a pound, compared to less than a buck for steel.Thatâs more than half the $35 price a decade ago, but to see more widespread adoption, it needs to get down to about $5 or $6 a pound, they said. miniscule 0.6 percent. Carbon fiber has a good future, Mazumdar said, since a carâs structural components are about 30 percent of the total vehicle, by weight. Likely applications for carbon fiber are the chassis, hood and trunk lid. âBut the cost of carbon fiber is eight times that of steel,â he said.