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Composites Market Insights, November 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”, “Awards and Certifications”, “Events”, and “Others” |
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Business Development |
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Solvay Expands Distributorship for Composite and Adhesive Sales in the EMEA Commercial Region |
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Solvay has expanded its authorized, contracted distributors to its composite and adhesive materials sales portfolio in the EMEA commercial region. Solvay now has two authorized distributors: Biesterfeld Spezialchemie for a select number of countries in Continental Europe and Africa, while ADDEV Materials will cover the United Kingdom. Solvay’s Distribution partners will have access to the full range of leading composite and adhesive material solutions that Solvay offers, including structural p ……. |
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Bazan Group Signs Deal with UBQ Materials |
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Bazan Group’s wholly-owned subsidiary, Carmel Olefins (CAOL), Israel’s sole manufacturer of petrochemicals for raw materials in the plastics industry, together with UBQ Materials, developer of the leading climate-positive thermoplastic material on the market, apprised of an agreement to incorporate the patented bio-based material, UBQ, with the resin production of CAOL. The development of reduced carbon resins will be done in cooperation with Ducor Petrochemicals, CAOL’s subsidiary in Rotterdam, ……. |
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Neograf Solutions Launches Advanced Graphenes for Composites and Thermoplastic Applications |
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NeoGraf Solutions, a leading developer and manufacturer of high-performance natural and synthetic graphite sheet and powder products, has extended its range of next-generation graphite materials with the launch of Graf-X graphene nanoplatelets (GNP) and graphene precursors (GP). Both high-performance additive materials deliver enhanced strength, performance, and reliability in a broad range of thermoset and thermoplastic applications. Graf-X GNP and GP products are additive materials that enhan ……. |
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AOC Carbon Fiber SMC Deliver High Performance at Industrial Scale |
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Combining a unique Daron resin from AOC with carbon fiber in SMC enables the reliable manufacture of components with superior mechanical strength, low density, Ecoat capability and low emissions, while maintaining the design flexibility typical for composites. The new CF-SMC has supported the development of structural automotive parts for the UK government funded research project TUCANA. For identifying Opportunities and Competitive Analysis of the Low Density SMC Market, please visit https:/ ……. |
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JW Hill Capital Acquires Performance Plastics and Angeles Composites Technologies |
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JW Hill Capital acquires Performance Plastics, Inc. and Angeles Composites Technologies, Inc. from Avantus Aerospace. Located in San Diego, California, Performance Plastics, Inc. (PPI) is a manufacturer of precision-engineered composite aerostructure components for major military and commercial OEMs and tier one suppliers. PPI focuses on small to mid-size assemblies, and has an extensive list of customer qualifications covering both metal bond and composites processes. Located in Port Ange ……. |
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Avantus Divests Composites Business to Focus on Expansion into C-Class Components |
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Avantus Aerospace continues its transformation into a ‘pure-play’ C-Class parts manufacturer, having recently completed the divestiture of its non-core composites business line. Two U.S.-based structural composites companies – Performance Plastics (San Diego, CA) and Angeles Composite Technologies (Port Angeles, WA), were sold to JW Hill Capital, a Scottsdale, Arizona-based private equity firm. SDM Composites (Hermosillo, Mexico) was sold to Groupe Latecoere, headquartered in Toulouse, France. T ……. |
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Markforged’s FX20 and New Continuous Fiber Reinforced ULTEM 9085 Filament to Extend Use of 3D Printing |
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Markforged, creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, is advancing its position as a leader in point-of-need production of industrial-strength end use parts with the FX20 printer. This new production-ready hardware prints the flame-retardant, high-performance thermoplastic material with ULTEM 9085 filament in combination with Markforged’s propriety Continuous Fiber Reinforcement printing technology for high-strength, heat resistant, and ……. |
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PPG Unveils Complete Coating Solutions Portfolio for Wastewater Operations |
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Now, PPG’s expanded portfolio includes solutions for a range of wastewater management processes, including collections, primary and secondary treatment, sludge handling and disinfection. The expanded portfolio combines PPG RAVEN and PPG AQUATAFLEX coating systems for aggressive underwater concrete applications with a variety of proven PPG coating solutions for exterior and interior steel tanks, basins and facility infrastructure. While all PPG wastewater coating systems are designed to resist a ……. |
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BASF Launches New Consumer Electronics Toolkit Made with Elastollan TPU |
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BASF has introduced a new Consumer Electronics toolkit with collections of wearables and mobile phone protective cases made with Elastollan Thermoplastic Polyurethane (TPU). The collection of mobile phone protective cases features six classic designs made with Elastollan. Hence, it possesses exceptional defense against scratch, UV, discoloration, good transparency, and easy coloring. “At BASF, we drive innovation with leading-edge technologies and high-performance material solutions. Since the ……. |
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SGL Carbon Installs Photovoltaic System at its Site in Ort im Innkreis, Austria |
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SGL Carbon now produces its own green electricity at its site in Ort im Innkreis. A photovoltaic system was installed on the roof of the plant. In cooperation with VERBUND, Austria’s largest energy company, the system was put into operation. At the Ort site, SGL Carbon produces fiber composite components for the automotive industry in large series. The lightweight products manufactured here support the automotive industry in further reducing CO2 emissions. For this reason, too, it is a partic ……. |
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Application Development |
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Vktry Gear: The World’s First Carbon Fiber Performance Insoles |
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Vktry makes sport-specific insoles tailored to one’s feet. The company offers two styles of insoles at two different price points, making Vktry fit every athlete’s foot and budget. Vktry offers a Gold and Silver style of the insole. The Gold design is Vktry’s flagship model made from 100% aerospace carbon fiber for serious athletes. The Gold model aids in maximum improvement in performance to help the athlete swing faster, hit farther, run faster and jump higher. These are made from proprietary ……. |
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Financial |
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Solvay Nine Months 2021 Results Show Strong Profit |
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Strong profit due to high demand, price and mitigation actions overcoming significant inflationary pressure Highlights • Net sales in the third quarter of 2021 were up +25% organically versus Q3 2020 and up by +6% organically compared to Q3 2019 (+12% excluding Composites), reflecting continued strong demand in most of our markets including record sales in Specialty Polymers. Nine months 2021 sales were 15% organically above 9M 2020, and up +0.5% (+6% excluding Composites) compared to 2019. ……. |
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Huntsman’s Polyurethane and Advanced Materials Register Increased Revenue in Third Quarter 2021 |
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Huntsman Corporation reported third quarter 2021 results with revenues of $2,285 million, net income of $225 million, adjusted net income of $239 million and adjusted EBITDA of $371 million. Third Quarter Highlights • Third quarter 2021 net income of $225 million compared to net income of $57 million in the prior year period; third quarter 2021 diluted earnings per share of $0.94 compared to diluted earnings per share of $0.22 in the prior year period. • Third quarter 2021 adjusted net income ……. |
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Owens Corning Delivered Net Sales of $2.2 Billion in Third-Quarter 2021 |
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Owens Corning reported consolidated net sales of $2.2 billion in third-quarter 2021, compared with $1.9 billion in third-quarter 2020, an increase of 16%. The composites section reported $101 million of EBIT with 17% EBIT margins. Third-quarter 2021 net earnings attributable to Owens Corning were $260 million, or $2.50 per diluted share, compared with $206 million, or $1.88 per diluted share, in third-quarter 2020. Third-quarter 2021 adjusted earnings were $262 million, or $2.52 per dilute ……. |
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Awards and Certifications |
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FAA Field Approval for the Hartzell Composite Three-Blade Talon on Sean Tucker’s GB1 Gamebird |
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Famed aviator Sean D. Tucker, working closely with Hartzell Propeller, has received FAA Field Approval for the Hartzell composite three-blade Talon performance prop on one of his certified aerobatic GB1 GameBird airplanes. The GB1 GameBirds are powered by 303 horsepower Lycoming AEIO-580 engines and are manufactured in the U.S. by Game Composites. “The Talon’s aerodynamic design utilizes Hartzell’s ASC-II resin transfer carbon fiber manufacturing process,” said Hartzell Propeller President JJ F ……. |
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Covestro at UTECH Europe 2021 |
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Covestro will showcase a range of innovative polyurethane (PU) casting resin solutions for the elastomer industry at UTECH Europe 2021, which will take place from November 16-18 in Maastricht, The Netherlands. Visit Covestro’s booth E28 at the MECC Exhibition & Convention Center in Maastricht for a closer look at our PU castings on display as well as our processing machines and to participate in live demonstrations. ……. |
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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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Covestro at UTECH Europe 2021 |
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Covestro will showcase a range of innovative polyurethane (PU) casting resin solutions for the elastomer industry at UTECH Europe 2021, which will take place from November 16-18 in Maastricht, The Netherlands. Visit Covestro’s booth E28 at the MECC Exhibition & Convention Center in Maastricht for a closer look at our PU castings on display as well as our processing machines and to participate in live demonstrations. ……. |
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Ascent Aerospace to Exhibit at SME AeroDef 2021 |
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Ascent Aerospace (booth 533) will be an exhibitor at the upcoming AeroDef event in Long Beach, California from November 16-18, 2021. AeroDef is an aerospace and defense manufacturing based conference whose mission is to foster innovation within the industry in order “to reduce costs, expedite production times and maintain manufacturing competitiveness in the global economy.” Ascent will be showcasing a 3D printed trim fixture in booth 533. This fixture was printed using a Thermwood large format ……. |
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PINETTE PEI at the JEC Korea 2021 |
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From 3rd to 5th November, on booth E 21, in Hall D at COEX in Seoul, PINETTE will present its solutions about thermoplastic composite forming and manufacturing equipment: • Compression Resin Transfer Molding (C-RTM) • Reinforced Thermoplastic Laminate (RTL) & Consolidation • Quilted Stratum Process (QSP) • High performance thermoplastic stamping • Laboratory presses for composite For identifying opportunities and competitive analysis of the North American reinforced thermoplastic pipe ……. |
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Ascent Aerospace to Exhibit at SME Aerodef 2021 |
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Ascent Aerospace will be an exhibitor at the upcoming AeroDef event in Long Beach, California from November 16-18, 2021 on booth 533 at AeroDef 2021. Ascent will be showcasing a 3D printed trim fixture in booth 533. This fixture was printed using a Thermwood large format additive manufacturing machine, which is located at Ascent’s Santa Ana, CA facility. In addition to exhibiting, Ascent will be the sponsor of the Additive Manufacturing and Composite conference tracks. Sean Henson, Global Pro ……. |
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SportAM Program Featuring Keynote from HEAD Sports |
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SportAM, Advanced Materials for Sport Conference, takes place on November 16th-17th, 2021 in Loughborough, UK. A Market Overview led by Dr. Paul Sherratt, Senior Lecturer in Sports Technology at Loughborough University, sessions include: Advanced Materials for Sport, Materials Technology, Additive Manufacturing, Sustainability, Design and Performance and Composite Design. In addition, Harriet Little, Archery GB Competitor and Oxford Brookes University Sports Masters Student, will be talkin ……. |
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Others |
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Strohm Successfully Delivers Australia’s First TCP Jumper for Subsea 7 |
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As part of the project, Strohm’s TCP Jumper technology is being utilized in Subsea 7’s project offshore North-western Australia. Strohm’s TCP solution is 80% lighter in weight compared to its metallic equivalents, leading to improved transportation and installation costs. It is completely impervious to corrosion and has a high collapse resistance, offering a significantly extended service life. TCP’s manufacturing process also has a reduced manufacturing footprint, producing 50% lower CO2 le ……. |
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MBDA and NCC Declares Ceramic Matrix Composite Airframe Technologies Challenge |
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MBDA and the National Composites Centre (NCC) are challenging the Ceramic Matrix Composites (CMCs) sector to aid the future of sustained high-speed flight. The future of flight is heading towards hypersonic speeds. This means there is a need for new airframe materials that can operate at the elevated temperatures that these higher speeds bring. Together MBDA and the NCC are launching the ‘MBDA Ceramic Matrix Composite Airframe Technology Challenge’ to identify novel CMC materials and manuf ……. |