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Before commercializing a new material for use in industry, it has to undergo a series of sequence steps. First, the new material is introduced. Then a possible application is identified, and the material specifications needed to meet the requirements of this application should be listed. The material specifications are mainly varieties of physical, mechanical, economical, and environmental properties such as density, appearance, strength, cost, availability, reliability, etc. Hence, the new material should meet all the required specifications through a long journey of tests and verifications. In the next step, a prototype is made to check the performance of the proposed material. In the last step, a management plan is established for studying the market needs, supplying raw materials, and ensuring the availability of raw materials in a sustainable manner. The time spent through all these preceding steps is completely unpredictable, adding great stress on the competing manufacturers. After going through all these steps, the new material is now ready for production. However, a manufacturing process must first be established.