I think it since got surpassed by UHMWPE, which has a tensile strength of ~20GPa. They make cheap body armor out of it.
https://en.wikipedia.org/wiki/Ultra-high-molecular-weight_po...
https://en.wikipedia.org/wiki/Ultra-high-molecular-weight_po...
Also, don't count out the path dependence of even very competitive industries. They know carbon fiber, so that's what they use, and they then make small increments from their known territory.