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Micarta is a product that can't be made at home. Besides being a registered trademark, it is a phenolic resin impregnated material. You can't do that without a factory setup.
The stuff that people make in their shops and garages I like to call MyCarta, and is made with epoxy resin and cloth materials. The resin should be the proper type for the end result to be of any use on a knife. Using cheaper resins will give a handle material that gets sticky or wears down and gets cloudy easily. The resin you want is West System 105, and the hardener is 209 (slow cure). 207 extra clear hardener is also good. System Three and a few other resin companies have similar products, but don't skimp on quality in the resin choice, or you are just wasting your time. Mix exactly according to the instructions.
As for materials in the laminate, any open weave cloth or material that will absorb the resin works. Burlap, canvas, old denim jeans, etc. are all used.
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