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Composites Market Insights, December 13, 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”, “Technology Development”, “Financial”, and “Others” |
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Business Development |
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Long-Term Agreement between Solvay and Avio |
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Solvay and Avio SpA have signed a long-term agreement for the supply of composite and adhesive materials to be used across a range of programs including the Vega space programs, the European Space Agency’s satellite launch vehicles designed to send payloads into low Earth orbit (LEO). Solvay will supply Avio with ablative material, RTM resins and adhesives. Solvay has a strong legacy in the space market and has long been a leader in ablative materials for space applications, such as nozzles a ……. |
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Northrop Grumman Awarded NASA Contract to Support Artemis Program |
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NASA awarded Northrop Grumman Corporation a booster production and operations contract valued up to $3.19 billion to support the Space Launch System (SLS) rocket through 2031. The award includes follow-on production and flight sets for Artemis IV through Artemis VIII, as well as production of the Booster Obsolescence and Life Extension (BOLE) boosters for Artemis IX. The award supports the design, development, and testing of the next generation five-segment solid rocket boosters to supplement ……. |
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ClockSpring|NRI Acquires Fyfe North America and Fyfe Europe |
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ClockSpring|NRI apprised of the acquisition of the Fyfe North America and Fyfe Europe business from Aegion Corporation. Fyfe designs and manufactures fiber-reinforced polymer (FRP) systems for strengthening, repairing, and restoring civil and commercial structures and water transmission pipelines. Mark Brand, the current General Manager of Fyfe, will join the ClockSpring|NRI Executive Leadership Team as President of the Fyfe Division and will report directly to Mr. Frank Firsching, CEO of ClockS ……. |
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THOR Industries Acquires Elkhart Composites, Inc. |
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THOR Industries, Inc. has acquired Elkhart, Indiana-based Elkhart Composites, Inc. by THOR’s Airxcel, Inc. subsidiary. Elkhart Composites is engaged in the development and sale of a proprietary sustainable foamed polypropylene-based composite material marketed and sold under the “Elkboard” brand name. Lightweight, rigid, and durable, Elkboard is used in the RV industry for sidewalls, helping to alleviate the industry’s dependence on traditional lauan-based sidewalls. Unlike traditional lauan-bas ……. |
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SABIC Introduces New LNP ELCRIN iQ Compounds Using Pre-Consumer Recycled Glass Fiber |
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SABIC launched new LNP ELCRIN WF006XXPiQ compound and LNP ELCRIN WF0061XPiQ compound, the first two grades in a new portfolio of materials that incorporate pre-consumer recycled glass fiber diverted from the waste stream of industrial processes. These polybutylene terephthalate (PBT) compounds, each reinforced with 30 percent pre-consumer recycled short glass fiber, offer mechanical properties and color equivalency of ELCRIN iQ grades that use virgin glass fiber reinforcement. This new technolog ……. |
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Rocket Lab’s Neutron Rocket– World’s First Carbon Composite Large Launch Vehicle |
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Rocket Lab unveiled the detailed architecture of their Neutron rocket for the first time. In a live-streamed event, the company showcased all the new elements that will make this “megaconstellation” launcher a serious contender in the coming years. These include updated details about the rocket’s design, materials, propulsion, and reusability architecture. This new vehicle builds on Rocket Lab’s experience with their Electron rocket, the small-satellite launcher they debuted back in 2017. Thi ……. |
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Strohm and Siemens Gamesa Collaborate |
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Strohm, the world’s first and leading manufacturer of fully bonded, Thermoplastic Composite Pipe (TCP), has signed a memorandum of understanding (MOU) with Siemens Gamesa Renewable Energy, the global market leader in offshore wind. The collaboration will focus on developing hydrogen transfer solutions that improve the decentralized green hydrogen concept, whereby green hydrogen is generated in each wind turbine generator and transported to shore by a subsea pipe infrastructure. In this conce ……. |
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Materia Inc. Acquired by ExxonMobil Chemical Company |
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Materia, Inc., a high-performance structural materials company that has pioneered the development of a Nobel Prize-winning technology for making a new class of polymers, informed that it has been acquired by ExxonMobil Chemical Company, a division of ExxonMobil Corporation. The acquisition includes Materia’s extensive portfolio of patents and intellectual property, its headquarters, research and technology center in Pasadena, California and its manufacturing facility in Huntsville, Texas. ExxonM ……. |
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New Contract between Matrix and Transocean |
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Matrix Composites & Engineering Ltd. has been awarded a new contract for approximately $4.2 million to upgrade drilling riser buoyancy for Transocean, a global offshore drilling contractor headquartered in the United States. The order involves an upgrade to ultra-deep water drillship modules for Transocean with the bulk of the order scheduled for completion and delivery to the US during this December half of FY22. This follows the recently declared award of two other new riser buoyancy pro ……. |
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Application Development |
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Italdesign and Williams Advanced Engineering to Build New High-Performance EV with Molded Composite Structural Battery |
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Italdesign and Williams Advanced Engineering (WAE) will work together to build an upper premium electric vehicle (EV), combining WAE’s state-of-the-art composite electric vehicle rolling chassis, the EVX, with Italdesign’s vehicle design expertise. The base will allow the build of a range of upper premium EVs including GTs, crossovers, and sedans. The EVX, built of recycled composite materials and aluminum, is lightweight and sets new standards for static and torsional stiffness. The front an ……. |
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Litespeed Racing Introduces Carbon One, World’s Lightest Carbon Fiber Wheel |
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Litespeed Racing, SEMA award winning wheel manufacture from Orange County California, has released its all new full carbon fiber wheel, the “Carbon One” at the Los Angeles International Auto Show. The revolutionary Carbon One wheel weighs in at a feather light 14.2 pounds for 20X9.5 inch, making it the lightest 20 inch wheel in the world. The secret to its ultra lightweight is in its manufacturing process. Not all carbon fiber products are manufactured in the same way. Litespeed Racing chose t ……. |
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BASF Offers Sustainable TPU as Drop-in-Solution for Synthetic Leather Applications |
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BASF offers a high-performance and sustainable drop-in solution, Elastollan thermoplastic polyurethane (TPU) for premium synthetic leather applications in fashion consumables, furniture, and automotive segments. As both calendaring and extrusion production lines can be used to process Elastollan TPU, PVC manufacturers can utilize its existing calendaring line and ‘drop-in’ Elastollan TPU seamlessly and cost-effectively. Additionally, with Elastollan TPU, synthetic leather can be produced withou ……. |
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Technology Development |
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Zoomlion Reveals Pioneering Carbon Fiber Composite Material Technology |
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Zoomlion Heavy Industry Science & Technology Co., Ltd. launched the latest innovative carbon fiber composite material technology and pump truck (ZLJ5460THBSF 63X-6RZ) equipped with a carbon fiber boom on November 26 at its Lugu Industrial Park in Changsha, China. This is the first pump truck with a carbon fiber boom completely designed and manufactured in China. It has not only improved working efficiency and lowered production costs through Zoomlion’s independently-developed and patented car ……. |
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Financial |
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Velocity Composites Trading Update & Notice of Results |
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Velocity Composites, the leading supplier of composite material kits to aerospace and other high-performance manufacturers, that reduce costs and improve sustainability, provides the following trading update for the 12 months to October 31, 2021, ahead of the publication of its results on January 24, 2022. The Board confirms that trading has continued in line with the performance reported by the Company in its interim results for the six months ended April 30, 2021 on May 24, 2021. Furthermor ……. |
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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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Others |
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Supported by Dura Composites, Iconic Norfolk Railway Structure Post Restoration Wins Top National Award |
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A project in Norfolk to restore what is believed to be the last remaining railway sign of its kind on the national network has won a top award. The Bittern Line Community Rail Partnership, train operator Greater Anglia and Dura Composites scooped the top prize in the small projects category at the National Railway Heritage Awards. The now-restored running-in board has welcomed passengers arriving at the West Runton station for 100 years. It was manufactured by the Midland and Great Northern Join ……. |
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