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Composites Market Insights, October 18, 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”,”Technology Development”, “Financial”, “Awards and Certifications”, “Events”, and “Others” |
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Business Development |
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Scott Bader Invests $16 Million in A New Production Site in North Carolina |
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Scott Bader has acquired a new facility in North Carolina as it strives to meet growing domestic and global demand for its market leading structural adhesives and gelcoats. The investment sees the acquisition of a 110,000 square foot industrial unit on a 15-acre site in Mocksville, North Carolina which with further investment will be developed into a state-of-the-art gelcoat and structural adhesives manufacturing facility. Commenting on the latest expansion plans, Art Murphy, Sales Directo ……. |
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Lone Star Completes Acquisition of AOC |
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AOC informed that Lone Star Fund XI has completed the acquisition of the company’s shares from CVC Capital Partners. After consultation with AOC workers’ councils, and approval of relevant regulatory authorities, the transaction has now been completed. AOC is a leading global manufacturer of unsaturated polyester resins, vinyl ester resins, and other solutions for applications in Coatings & Protective Barriers, Colorants & Visual Effects, Adhesives, and Conventional Composite Resins. After the ……. |
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Collaboration between Solico and Aeolos Composites |
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Solico, the leading composite engineering specialist for the Maritime, Defense, Architecture, and Industrial sectors, apprised of its latest marine collaboration with Aeolos Composites, having engineered the new Aeolos Performance 30, a striking new all carbon 30-foot sailing yacht built in the Middle East. The Aeolos Performance 30 (P30) is a lightweight carbon racing yacht, optimized for single and double handed sailing that was conceived by Aeolos Composites’ founder Hans Genthe during the ……. |
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Airborne Continues to Support Forze Hydrogen Racing Team on Developing Forze IX |
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Forze Hydrogen Electric Racing is a team of students from the Delft University of Technology who design, build and race fuel cell racing cars to promote hydrogen technology. Their Forze racing cars are the first hydrogen electric powered cars in the world to compete with ordinary petrol or diesel fuel cars. Airborne has helped delivered the composite bodywork of the Forze VIII car and it is continuing its sponsorship for the build of Forze IX. Airborne will continue to provide Forze Hydrogen ……. |
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Strategic Collaboration between Spirit AeroSystems and SAERTEX |
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Spirit AeroSystems and SAERTEX enter a strategic collaboration in respect of research and technology in support of the open access Spirit Aerospace Innovation Centre for new technologies. SAERTEX attended the opening of the state-of-the-art Spirit AeroSystems Innovation Centre in Prestwick (Scotland). Established as a center of excellence for the research and development of advanced materials, digital manufacturing technologies and processes, the center facilitates collaboration with indust ……. |
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New Hexcel Center of Research & Technology Excellence in Utah |
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Hexcel Corporation hosted public officials, customers and local contractors at its manufacturing site in West Valley City, Utah as the company broke ground on a flagship Center of Research & Technology (R&T) Excellence, supporting next-generation developments in advanced composites technologies. Once completed in late 2022, the 100,000-square-foot building will be home to a state-of-the-art laboratory where company scientists and researchers will collaborate with customers on the latest compo ……. |
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Covestro Expands Portfolio of Circular TPU Products |
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As part of its program aimed at realizing the circular economy, Covestro is continuing to forge ahead with the expansion of its product portfolio based on alternative resources. As such, the company’s product range in Europe is to be expanded to include mass-balanced thermoplastic polyurethanes (TPU) from as early as the beginning of 2022, and in Asia at a later date. The new products are produced using bioattributed raw materials and have a reduced carbon footprint in comparison to their fos ……. |
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Vision Composite Products Selects IDI’s Ultrium Carbon Fiber Composites for Their High Performance Carbon Fiber Forged Wheels |
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Vision Composite Products has selected IDI Composites International’s Ultrium U660 for their innovative Carbon Fiber Forged wheels. Vision launched research into composite wheels and ultimately partnered with IDI Composites International and the 3i Technology Center to develop their Carbon Fiber Forged wheels using Ultrium carbon fiber composites. The resulting solution enables high volume production at costs competitive with forged aluminum wheels. The approach combines IDI Composites Intern ……. |
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Hyundai Selects IDI’s Fortium on the New 2022 Santa Cruz Sport Adventure Vehicle |
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IDI Composites International informed of the selection of their Fortium material for the truck box of Hyundai’s 2022 Santa Cruz Sport Adventure Vehicle (SAV). The Santa Cruz creates a unique new vehicle category that features the comforts of a four door sedan with the functionality of a rear open truck bed that is equally at home in urban and adventurous environments. “Advancements in thermoset composites are driving exciting innovations as they are being selected more frequently as the mater ……. |
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New Material |
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BASF’s Smart Technology Enabled CosyPUR in Backrobo Wellness’ Latest Bedding Solutions |
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Backrobo Wellness (BackRobo) has introduced BASF’s CosyPUR – an innovative, high-performance polyurethane (PU) foam – in the mattress topper of its latest suite of smart bedding solutions. The open-celled structure of the foam, which enables air to pass through the material and in the process dissipates body heat, results in a more breathable and comfortable experience than higher density visco elastic foams. CosyPUR further enables Backrobo’s smart technology by automatically adjusting to bo ……. |
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Application Development |
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Micore Boats AB Produces Premium Scandinavian Motorboats from EcoGel, Crystic, and Crestamold Products |
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Established in 1979 by Gote Gustavsson, Micore manufactures premium motorboats for Scandinavian customers. They have over 40 years of experience in fiberglass boat production. Micore use Scott Bader’s Crystic Ecogel S3PA, a very-low styrene marine gelcoat with superior weathering properties, for finishing their powerboat hulls and decks. Crestafix 90-82PA is used for the composition of the parts due to its high shear strength and flexibility. Crystic Topcoat, Crystic 2-420PALV, and Crystic 2-44 ……. |
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Covestro’s TPU Used in VAUDE’s New Lavik Eco Outdoor Hiking Boot |
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Covestro and VAUDE have collaborated to develop a partially bio-based foam midsole for VAUDE’s new Lavik Eco outdoor hiking boot. It is based on thermoplastic polyurethane (TPU) foams from Covestro’s Desmopan EC 33000 series, which use non-GMO raw materials. The durable foams meet the outdoor brand’s Green Shape criteria without sacrificing performance. “With the new Lavik Eco, we want to introduce our first bio-based outdoor shoe in the 2022 summer collection and the first outdoor sports shoe ……. |
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Technology Development |
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Composite Integration Launches the New Generation of the Ciject Two |
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Composite Integration has launched the latest generation of its market leading Ciject Two range which will be unveiled at this year’s Advanced Engineering at the NEC Birmingham, stand Q92. The Ciject Two range is capable of processing Epoxy, Polyester, Vinyl Ester and Phenolic resin systems, with low-cost conversion kits to enable a quick and easy change between material types. The Ciject range includes innovative equipment for delivering mixed resin within RTM, Light RTM, VRTM and Infusion p ……. |
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Financial |
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Gurit Reports Net Sales of CHF 360.9 Million in the First Nine Months of 2021 |
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Gurit reports net sales of CHF 360.9 million for the first nine months of 2021. This is a decline of -17.6% at constant exchange rates or -16.6% in reported CHF versus prior year. Gurit finished the third quarter with net sales impacted by a globally reduced demand for wind blades and by a decreasing demand and price of balsa, compared to a very strong previous year period. Both the Marine and Industrial markets as well as Aerospace have picked up double digit growth rates in the third quarte ……. |
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Awards and Certifications |
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Jurgen Van Holen – Winner of Hexion’s “Innovation Challenge” |
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Jurgen Van Holen, UV cure expert, has received the “Open Innovation” award from Hexion’s epoxy business after submitting the winning proposal as part of Hexion’s “Create the Future with Lower Yellowing, Renewable Resins and Raw Materials” innovation challenge. Following this event, Hexion will work closely with selected participants to accelerate commercial development of the concepts identified in the “Innovation Challenge” proposal. The winning proposal identified specific chemical structu ……. |
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Huntsman and Pursell Agri-Tech Named CPI’s 2021 Polyurethane Innovation Award Winner |
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A jointly developed technology by Huntsman and Pursell Agri-Tech has won the prestigious 2021 Polyurethane Innovation Award from The Center for the Polyurethanes Industry (CPI) of the American Chemistry Council (ACC). The award-winning technology, which is the result of a long-term collaboration between Huntsman’s Polyurethanes business and Pursell Agri-Tech is PurActiveTM – a polyurethane-based, controlled-release fertilizer coating, made using Huntsman’s RIMLINE polyurethane system. PurActi ……. |
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Strohm’s TCP Riser Bags Prestigious 2021 Special Meritorious Awards for Engineering Innovation |
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Strohm’s Thermoplastic Composite Pipe (TCP) Riser for deepwater application has also been chosen by Hart Energy’s E&P judges as a winner of the prestigious 2021 Special Meritorious Awards for Engineering Innovation (MEAs). The coveted MEAs recognize new products and technologies in upstream oil and gas that demonstrate innovation in concept, design and application. Strohm’s TCP Riser has been developed in close collaboration with the end users and the company’s supply chain partners whi ……. |
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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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Lucintel is Attending CAMX 2021 |
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Dr. Sanjay Mazumdar, Founder and CEO of Lucintel will join as a speaker and moderator in the panel discussion about “Trends, Ideas, and Patterns Shaping the Composites Industry” on Tuesday, October 19 1:00 PM – 2:15 PM at CAMX. He will share his thoughts on various advances in composite technologies, applications, materials, and innovations empowering the composite industry. He will also shed light on different challenges faced by the industry players. Dr. Mazumdar is a strategist, thought ……. |
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Ascent Aerospace to Exhibit at CAMX 2021 |
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Ascent Aerospace will be an exhibitor at the upcoming CAMX 2021 event in Dallas, Texas from October 19-21, 2021. CAMX is an advanced materials and composites exposition, bringing together various industries with high-performing, cost-effective solutions. Ascent will have a 3D printed trim fixture displayed at the event in booth L49. This fixture was printed using a Thermwood large format additive manufacturing machine, which is located at Ascent’s Santa Ana, CA facility. Sean Henson, the ……. |
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Scott Bader North America at CAMX 2021 |
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Scott Bader North America is exhibiting at CAMX 2021, where they will be showcasing their market leading range of adhesives and advanced composites. From October 19th – 21st in Dallas, Texas, the Scott Bader North American team on Booth U19 will be looking forward to welcoming visitors and discussing Scott Bader’s latest innovations including Crestabond and Crestomer structural adhesives, Crestafix bonding pastes, Crestapol urethane acrylate resins and Crestamould tooling systems. The Crestap ……. |
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Composites Evolution at Stand N90 in Advanced Engineering 2021 |
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Composites Evolution will return to Advanced Engineering this year, highlighting their range of prepreg and introducing a new thermoplastic tape manufacturing capability. Showcased on stand N90 will be a battery box from a high-performance electric vehicle manufactured from Evopreg EPC component prepreg and Evopreg PFC fire-resistant prepreg, a rear wing from a Ginetta G56 GTA GT4 race car utilizing Evopreg ampliTex natural fiber prepreg, and parts fabricated from the company’s newly-launched ……. |
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New Heraeus Noblelight HUMM3 Discovery Unveiled At CAMX 2021 |
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Heraeus Noblelight is pleased to introduce its newest development in composites heating technology: the humm3 discovery at the CAMX 2021 show in Dallas. Heraeus Noblelight’s humm3 technology is a high power, flexible, controllable heat solution for Automated Fiber Placement (AFP), Automated Tape Laying, Filament Winding, and other composites applications. The humm3 discovery is specifically intended for R&D applications, and its new features include an easy-to-operate handheld Human Machin ……. |
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CAMX 2021 |
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Exhibition: October 19-21, 2021 |
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Dallas, TX, USA
Kay B. Hutchison Convention Center |
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Program and Registration: CAMX 2021 |
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New Heraeus Noblelight HUMM3 Discovery Unveiled At CAMX 2021 |
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Heraeus Noblelight is pleased to introduce its newest development in composites heating technology: the humm3 discovery at the CAMX 2021 show in Dallas. Heraeus Noblelight’s humm3 technology is a high power, flexible, controllable heat solution for Automated Fiber Placement (AFP), Automated Tape Laying, Filament Winding, and other composites applications. The humm3 discovery is specifically intended for R&D applications, and its new features include an easy-to-operate handheld Human Machin ……. |
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Others |
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EuCIA Highlights Opportunities for Composites under EU Green Deal Energy Strategies |
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Under the European Green Deal the European Commission has set out a number of strategies that support its ambition of making the EU climate neutral in 2050, many of which could drive growth in the use of composite materials. To explore the opportunities, and challenges, presented by these strategies the European Composites Industry Association (EuCIA) is organizing a series of workshops in association with the Commission. The first event, Opportunities for the Composites Industry within the E ……. |
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NCC Training Courses First to be Approved by IOM3 |
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The National Composites Centre (NCC) informed that six of its composites training courses have been approved by leading global professional body, the Institute of Materials, Mining and Minerals (IOM3). The NCC courses are the first to be approved by IOM3 for quality and professional development. Courses that achieve the Quality Assured and PD Approved status contain content that is delivered to a high, independent standard, assuring learners they are receiving expert training, designed to inc ……. |
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Teignbridge Launches Project with the NCC for Marine Transport |
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Teignbridge Propellers International Ltd (Teignbridge) has launched an exciting project to improve the design and modelling of a scalable composite propulsion system, with a propeller diameter up to 6 meters. The CAPSULE project is a feasibility study aimed at adapting composite material technology developed for the aviation industry to the marine industry. This technology has the potential to not only directly reduce greenhouse emissions but also enable the transition to low emission and zer ……. |