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Composites Market Insights, March 01, 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”, “Application Development”, “Financial”, and “Events” |
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Business Development |
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PPG Acquires VersaFlex |
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PPG completed its acquisition of VersaFlex from DalFort Capital Partners. VersaFlex specializes in polyurea, epoxy and polyurethane coatings for water and wastewater infrastructure, flooring, transportation infrastructure, and industrial applications. Financial terms were not disclosed. VersaFlex is an aggregation of four U.S.-based protective coatings companies, consisting of legacy VersaFlex, Raven Lining Systems, Milamar Coatings and Specialty Products, Inc. The company has approximately 1 ……. |
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https://www.lucintel.com/news/teijin-unveils-new-carbon-fiber-intermediate-material-brands.aspx
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Teijin Limited apprised of its new Tenax PW (power series) and Tenax BM (beam series) brands of carbon fiber intermediate materials for sports applications. Tenax PW is an advanced aircraft-quality material that helps to maximize power and speed due to its exceptional durability and toughness. It is made of high-tenacity, high-tensile-modulus resin. Tenax PW also suppresses and absorbs impact forces to minimize and localize damage after impact. In addition, its compressive strength is superio ……. |
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Analyswift Receives NASA Contract for Improving Simulation of Thin-Ply Composites Used in Spacecraft |
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Sometimes big things come in small packages, and the new thin but strong materials AnalySwift, the University of Central Florida, and Purdue University are helping NASA develop are no exception. These materials, known as thin-ply composites, are as thin as carpenter’s measuring tape but strong enough to support satellite payloads, such as solar sails for solar-powered space travel, or serve as supports for large spacecraft. And like measuring tape, thin-ply composite structures can be roll ……. |
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Contract Renewed between Pentaxia and Martin-Baker Aircraft Limited |
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Pentaxia apprises of the renewal of its supply agreement with Martin-Baker Aircraft Limited. The agreement ensures consistent, long-term supply of high-performance yet lightweight components and assemblies into Martin Baker on a multi-year basis. These parts are in-turn fitted to the latest generation of ejection seats and subsequent global fighter jet programs. “Pentaxia is delighted to renew our supply contract with the team at Martin-Baker. We share many company values and pride ourselves ……. |
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Atkore Inc. Acquires FRE Composites Group |
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Atkore Inc. has acquired FRE Composites Group, a leading manufacturer of fiberglass conduit solutions for the electrical, transportation, telecommunications and infrastructure markets. “With several decades in the industry, FRE Composites has leading-edge products and a strong reputation for innovation,” commented John Pregenzer, President of Atkore’s Electrical business. He added, “This acquisition expands Atkore’s conduit product portfolio and enables us to serve customers better by offerin ……. |
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Brazilian Composites Industry is Optimistic about 2021 |
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Although it is impossible to set a growth rate, 2021 will be a positive year for the Brazilian composites industry. The increase in demand must come mainly from the civil construction, transportation, wind power generation and, further back, infrastructure markets, this one much more dependent on the release of scarce government funds. It is in this way that Erika Bernardino Apra, president of the Latin American Composite Materials Association (ALMACO), projects the performance of the composi ……. |
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Carbon ThreeSixty Furthers Investment in R&D Capability |
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Carbon ThreeSixty, the lightweighting and advanced composite structures specialist, apprises of the recent acquisition and commissioning of a highly capable 500mm x 500mm mechanically-clamped RTM panel molding cell, sourced through trusted business partner Composite Integration Ltd. With this investment, Carbon ThreeSixty are now able to undertake a wide range of internal and client-driven R&D activities, including composite panel manufacture for materials performance and manufacturability ch ……. |
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Markforged to Become Publicly Listed Through Merger with one |
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Markforged, creator of an integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, has entered into a definitive agreement to merge with one, a special purpose acquisition company sponsored by A-star and founded and led by technology industry veteran Kevin Hartz. Upon completion of the transaction, the combined company will retain the Markforged name and will be listed on the New York Stock Exchange under the ticker symbol “MKFG.” The combined company will have an ……. |
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Evolve Additive Solutions Secures First Commercial Sale |
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Evolve Additive Solutions Inc., whose proprietary STEP (Selective Thermoplastic Electrophotographic Process) technology is the first scaled volume production-ready manufacturing platform in the world, apprises of the completion of their first commercial sale. Due to confidentiality the clients name and terms of the sale cannot be disclosed. The customer purchased the SVP (Scalable Volume Production) system, which is powered by STEP technology and will provide factory flexibility, time to mark ……. |
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Application Development |
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Carbon 1 MK II is World’s First Phone with a Carbon Fiber Monocoque |
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The Carbon 1 MK II is the world’s first smartphone with a carbon fiber monocoque (this means that the external shell provides the structural integrity, there are no internal supports). This has made the phone very light (125g) and thin (6.3 mm). The key is the proprietary HyRECM technology – Hybrid Radio Enabled Composite Material – which was developed over four years. It combines high quality carbon fibers sourced from Germany with a composite material that allows radio waves to pass through ……. |
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Covestro’s New Headquarters Building in Leverkusen Has PU-Bonded Rubber Granulate Terrazzo Flooring |
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The entrance area of a building gives visitors an important first impression. This is particularly true of the entrance to Covestro’s new campus office building in Leverkusen, where employees and visitors feel immediately welcomed in the large, bright atrium. One special attention-grabber is the decorative flooring. It consists of a polyurethane (PU)-bonded rubber granulate terrazzo and is sealed with an aqueous 2-component coating based on the company’s PU coating raw materials. The coating sys ……. |
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Financial |
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TPI Composites, Inc. Releases Fourth Quarter and Full Year 2020 Earnings Results – Double Digit Full Year Net Sales Growth |
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TPI Composites, Inc. reported financial results for the fourth quarter and full year ended December 31, 2020. Highlights For the quarter ended December 31, 2020: • Net sales of $465.6 million • Net income of $5.2 million or $0.14 per diluted share • EBITDA of $30.5 million • Adjusted EBITDA of $40.8 million For the full year 2020: • Net sales of $1,670.1 million • Net loss of $19.0 million or $0.54 per diluted share • EBITDA of $52.3 million • Adjusted EBITDA of $94.5 millio ……. |
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Events |
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JEC WORLD 2021 POSTPONED: Next JEC World Will Take Place from March 8 To 10, 2022 |
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The continued impact of the Covid-19 pandemic unfolding throughout 2021 has forced the JEC World team to reexamine the possibility of holding the next edition of JEC World this year. Thus, after thorough consultation of clients and partners, the JEC World team has decided to postpone the next edition of JEC World to March 8 to 10, 2022. Amidst growing concern among our exhibitors and partners surrounding the critical situation of the Covid 19 restrictive measures and other limitations in pla ……. |
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Chinaplas 2021: ENGEL at Industry 4.0 – Factory of the Future |
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“Covid-19 has accelerated digitalization in the plastics industry,” says Gero Willmeroth, President East Asia and Oceania at ENGEL. “Our customers are increasingly investing in digital solutions. smart service and intelligent assistance have become even more prominent in the last twelve months.” These trends are reflected in the ENGEL exhibit. The all-electric and tie-bar-less ENGEL e-motion 80 TL injection molding machine is equipped with many digital products from ENGEL’s inject 4.0 program. ……. |
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New Reports in Composites Market Published By Lucintel |
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- 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
- MENA Composites Market Report: Trends, Forecast and Competitive Analysis, October 2020
- FRP Panel Market Report: Trends, Forecast and Competitive Analysis, May 2020
- Technology Landscape, Trends and Opportunities in 3D Printing Material Market, March 2020
- High Performance Nylon for Tribology Market Report: Trends, Forecast and Competitive Analysis, March 2020
- European Automotive Composites Market Report: Trends, Forecast and Competitive Analysis, March 2020
- Carbon Fiber Market Report: Trends, Forecast and Competitive Analysis, February 2020
- Composites Materials in Tooling Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Composites Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Flame Retardant Resin in E&E Composites Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Carbon Fiber in the Aerospace and Defense Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Glass Fiber Reinforced Plastic Market Report: Trends, Forecast and Competitive Analysis, November 2019
- BMI Prepreg Market Report: Trends, Forecast and Competitive Analysis, November 2019
- Para Aramid Fiber Market Report: Trends, Forecast and Competitive Analysis, November 2019
- Epoxy Curing Agents in the Composites Industry Report: Trends, Forecast and Competitive Analysis, October 2019
- 3D Printing Materials Market Report: Trends, Forecast and Competitive Analysis, October 2019
- PET Foam Core Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Thermoplastic Prepreg in the Transportation Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Polyurethane Resin Composite Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Gelcoat Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Fiber Sizing Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Long Fiber Thermoplastics Market Report: Trends, Forecast and Competitive Analysis, August 2019
- FRP Pole Market Report: Trends, Forecast and Competitive Analysis, August 2019
- Composite Testing Market Report: Trends, Forecast and Competitive Analysis, August 2019
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