In 2000, C&R Tech Co., Ltd. was launched with the in Pohang, Korea, with the goal of becoming the leading company in Korea and one of the few in the world working on the R&D and manufacture of Carbon Materials. Extensive R&D efforts were put in to differentiate from the current market players already established in the market. 2000 to 2003 was spent on testing on the manufacture of various precursors. In 2004 to 2006, on the development of new product and processes through R&D. This stage also cleared the path for developments of electrodes and other materials for various industries. With the achievements getting attention from various sectors both commercial and governmental, the rewards from 2006 to 2010 saw various government fundings. Currently. the demand for Carbon materials have increased around the world with the advancement of technology and the higher standard of living. The majority of these manufacturers are centered in Japan. Most of these companies were established a century ago with turnovers in the billions of USD respectively. With the demand for Carbon product on the rise in every sector of the industry; space, medicine, IT, semiconductor, telecommunications, construction, instruments, automotive parts, aerospace, steel industry, energy, defense etc. Carbon materials have been used for such a long time, now however, with the advancement of technology, the demand have but increased due to the limited number of manufacturers around the world.