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Composites Market Insights, November 08, 2021 |
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Copyright Lucintel, Dallas, TX, USA Tel.: +1-972-636-5056 |
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Click the Headlines below for more detail on the news article. News articles are divided into sections such as “Business Development”, “New Material”, “Application Development”, “Financial”, “Awards and Certifications”, “Events”, and “Others” |
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Business Development |
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Hexagon Composites Strengthens European Footprint with New Commercial Center in Munich |
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Hexagon Composites opened a new commercial center in Munich, Germany. Strategically located close to Europe’s largest auto producers, major European original equipment manufacturers (OEMs) and fleet operators, the move expands Hexagon’s in-market customer support in coordination with manufacturing capacity expansion. A “one-stop-shop” for clean energy solutions, the center facilitates a large spectrum of Hexagon’s portfolio from Hexagon Agility’s compressed (renewable) natural gas solutions t ……. |
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Steel Composites Boosts Manufacturing of Composite Overwrapped Pressure Vessels |
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Steelhead Composites has expanded to a second facility in Wheatridge, Colorado primarily for manufacturing composite overwrapped pressure vessels (COPVs) for compressed hydrogen storage. The facility has been approved in the company’s ISO 9001, AS9100 and ISO 14001 quality and environmental management systems. Using advanced, state-of-the-art manufacturing equipment, Steelhead has doubled annual capacity with new testing, automation, filament winding and plastic molding. Their in-house liner ……. |
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Fraunhofer Pilot Plant Center in Germany Commissions Two ENGEL Machines |
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The opening of an extension building at the beginning of November, sees the Fraunhofer Pilot Plant Center for Polymer Synthesis and Processing PAZ in Schkopau, Germany, strengthen its research into and development of lightweight applications using thermoplastic composites. Two state-of-the-art production cells for the integrated and fully automated production of fiber composite functional components are now available for customer projects. Both systems come from ENGEL. Franz Fureder, Vice Presid ……. |
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New Material |
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SHD Introduces MTB350 and LTB310-1 |
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SHD Group launched two new epoxy prepreg systems, both offering significant bio-derived raw material content, as well as additive sustainability features. These novel materials have been specifically developed to assist SHD’s global customer base with their ever-increasing focus on sustainability and carbon reduction. Adding to established bio-based systems in SHD’s portfolio, these new products further underline SHD’s commitment to advance more environment friendly composite solutions. MTB35 ……. |
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Momentive Unveils New Niax Polyurethane Foam Additives Products |
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Momentive Performance Materials Inc. apprises of the launch of the next generation of Niax polyurethane additives for a wide range of PU applications. These new products offer lower emission properties, while allowing manufacturers to maintain their process and final product performance. • Niax silicone stabilizers for slab stock polyurethane foam provides significantly lower emission and reduced odor of the final foams when compared to conventional stabilizers • Niax silicone L-850 for the ……. |
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Application Development |
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Gentex Uses Carbon Fiber in Custom Overland Silverado, Adventure Trailer, C8 Widebody Corvette |
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Gentex Corporation launched several custom vehicle builds, including an overland-themed Chevrolet Silverado and matching Vorsheer XOC trailer, as well as a Label Motorsports-designed C8 Corvette featuring a unique forged carbon fiber widebody kit, at SEMA 2021. Gentex’s booth also highlighted a unique partnership with West Michigan-based, custom car builder, Label Motorsports, who will unveil Project Vouno’, a C8 full carbon fiber fender replacement Widebody and 24-piece exposed forged carbon ……. |
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Financial |
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Core Molding Technologies Releases Q3 2021 Results |
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Core Molding Technologies, Inc. released the results for the third quarter ended September 30, 2021. The Company had a net loss of $3.3 million, or ($0.41) per share, for the third quarter of 2021 on net sales of $81.0 million compared to net income of $3.3 million, or $0.39 per share, on net sales of $59.9 million for the same period in 2020. Third quarter 2021 Compared to Third quarter 2020: • Net sales were $81.0 million compared to $59.9 million. • Product sales were $67.6 million ……. |
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Trex Company Registers Strong Results in Third Quarter 2021 |
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Trex Company, Inc., the world’s number one brand of composite decking and railing, innovator of high-performance, low-maintenance and eco-friendly outdoor living products and a leading national provider of custom-engineered commercial railing systems, reported third quarter 2021 results and year-to-date performance. Third Quarter 2021 Results Consolidated net sales for the 2021 third quarter were $336 million, representing a 45% increase year-over-year. Trex Residential net sales increased ……. |
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Awards and Certifications |
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Research Team from ORNL and the UMaine Composites Center Receive Award for Innovation in Green Composites Design |
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Researchers from Oak Ridge National Laboratory (ORNL) and the University of Maine received a prestigious Award for Composites Excellence for research conducted in 3D printing a sustainable biocomposite foam for use in lightweight structural applications. The award, presented to the ORNL and UMaine team by the American Composites Manufacturers Association, recognizes outstanding achievement in innovation in green composites design. The ORNL and UMaine team received the award during CAMX, the larg ……. |
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IACMI Members Win Multiple Awards at CAMX 2021 |
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More than 40 IACMI member companies were out in force exhibiting at CAMX 2021 in Dallas October 19-21 showcasing new (and core) products, process innovations and new manufacturing capabilities, as well as targeting new customers and cultivating existing relationships. IACMI members team up with TrinityRail to win 2021 Combined Strength CAMX Award IACMI members Composite Applications Group (CAG) and Structural Composites, Inc. were big winners at CAMX 2021 as the two companies teamed up with ……. |
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New Reports in Composites Market Published By Lucintel |
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- Opportunities in the Short Fiber Thermoplastics Market: Growth Trends, Forecast and Competitive Analysis, October 2021
- Opportunities and Competitive Analysis of the Non-Woven Textile Market, October 2021
- Opportunities in the Polyurethane Tooling Board Market: Growth Trends, Forecast and Competitive Analysis, October 2021
- Trends, Opportunities and Competitive Analysis of the Natural Fiber Composite Market, October 2021
- Opportunities and Competitive Analysis of the Flame Retardant Resin in the Transportation Composites Market Report: Trends, Forecast and Competitive Analysis, October 2021
- Opportunities for Epoxy Resin In The Global Composites Market: Growth Trends, Forecast and Competitive Analysis, October 2021
- Opportunities in the Continuous Fiber Thermoplastic (CFT) Market: Growth Trends, Forecast and Competitive Analysis, October 2021
- Invar Tooling Market Report: Trends, Forecast and Competitive Analysis, October 2021
- Opportunities in the Advanced Composites Market: Growth Trends, Forecast and Competitive Analysis, October 2021
- Opportunities for Glass Fiber In The Global Automotive Composites Market: Growth Trends, Forecast and Competitive Analysis, October 2021
- Opportunities and Competitive Analysis of Composites in the Global Sporting Goods Market, October 2021
- Opportunities and Competitive Analysis of Repair and Rehab in the Global Construction Industry, October 2021
- Growth Opportunities of Thermoset Resin in the Global Composites Market, October 2021
- Opportunities and Competitive Analysis of Unsaturated Polyester Resin in the Global Automotive Composites Market, October 2021
- Opportunities for Thermoplastic Resin in The Global Automotive Composites Market: Growth Trends, Forecast and Competitive Analysis, September 2021
- Opportunities and Competitive Analysis of the Long Fiber Thermoplastics Market, September 2021
- Trends, Opportunities and Competitive Analysis of the Glass Fiber Textiles Market, September 2021
- Opportunities and Competitive Analysis of the Carbon Fiber Market, September 2021
- Unsaturated Polyester Resin Market: Trends, Forecast and Competitive Analysis, September 2021
- Opportunities and Competitive Analysis of the Carbon Fiber Reinforced Plastic Market, September 2021
- Trends, Opportunities and Competitive Analysis of Composites in the Oil And Gas Market, September 2021
- Opportunities and Competitive Analysis of the FRP Panel Market Report, September 2021
- Growth Opportunities in Global Composites Market, July 2021
- Growth Opportunities in the Global Thermoplastic Unidirectional Tape Market, July 2021
- Glass Fiber Reinforced Plastic Market Report: Trends, Forecast and Competitive Analysis, July 2021
- Glass Fiber Market Report: Trends, Forecast and Competitive Analysis, July 2021
- Vinyl Ester Resin Market Report: Trends, Forecast and Competitive Analysis, July 2021
- Growth Opportunities in the Global Composite Rebar Market, July 2021
- Growth Opportunities in the Global CNG Tank Market, July 2021
- Vacuum Bagging Material Market Report: Trends, Forecast and Competitive Analysis, July 2021
- Carbon Fiber Textile Market Report: Trends, Forecast and Competitive Analysis, July 2021
- Pultrusion Market Report: Trends, Forecast and Competitive Analysis, February 2021
- Prepreg Market Report: Trends, Forecast and Competitive Analysis, January 2021
- Composites Distributor Market Report: Trends, Forecast and Competitive Analysis, January 2021
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Events |
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Sicomin Showcases at METSTRADE 2021 |
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Sicomin (Stand EL.102) will showcase a range of marine specific technologies at METSTRADE 2021. Sicomin will display its full range of epoxy resins, including its market leading GreenPoxy bio-based systems, as well as highlighting innovative paint coating offerings through its subsidiary brand MapYachting. In addition, the Sicomin stand will also feature the ground-breaking ACCWING, a patented soft wingsail concept from French inventor Hugues de Turckheim and Sicomin President Philippe Marcovich ……. |
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Teijin Displayed High-Performance Materials at COP26 |
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The Teijin Group informed that its high-performance materials used by the Envision Racing Formula E Team for all-electric-vehicle racing are being displayed at the 26th UN Climate Change Conference of the Parties (COP26), which is currently being held at the Scottish Event Campus (SEC) in Glasgow. The world’s first electric two-seater formula race car, which incorporates Teijin’s Tenax carbon fiber, is on display in COP26’s Blue Zone, organized by United Nations, where government officials are ……. |
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Hexcel to Exhibit Innovative Marine Prepreg Technologies at METSTRADE November 16-18 in Amsterdam |
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At METS 2021, Hexcel will showcase a series of innovative prepreg technologies that provide both reduced weight and lower total manufacturing costs for the Marine industry. Also on display at the company’s booth will be material demonstrator parts and marine components from some of Europe’s leading boatyards. Technologies to be showcased include: • HexPly M79 Prepregs for Short Cycle Times • G-Vent Technology Reduces Out of Autoclave Prepreg Lay-up Time • HexPly XF Surfacing Prepreg and Hex ……. |
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Scott Bader UK Exhibiting at Advanced Engineering |
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Scott Bader UK is returning to Advanced Engineering on Stand R80 to exhibit their market leading adhesives, resins and gelcoats. Scott Bader’s product promotion includes; newly launched Crestaform 3D printing resins, Crystic resins and gelcoats, Crestabond and Crestomer structural adhesives, Crestafix bonding pastes, Crestamould tooling systems and their Crestafire FST performance range. On display, Scott Bader will be showcasing their Crestapol urethane acrylate resins through an innovative ……. |
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Others |
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NREL’s Innovative Manufacturing Approach for Advanced Wind Turbine Blades |
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A team of National Renewable Energy Laboratory (NREL) researchers are furthering their revolutionary combination of recyclable thermoplastics and additive manufacturing (better known as three-dimensional [3D] printing) to manufacture advanced wind turbine blades. The advance was made possible by funding from the U.S. Department of Energy’s Advanced Manufacturing Office—awards designed to stimulate technology innovation, improve the energy productivity of American manufacturing, and enable the ma ……. |