Research and Markets Growth Opportunities in the Global Advanced Composites Market, 2017 2022 Major Companies Profiled are Toray, Teijin, Mitsubishi Rayon, Hexcel, Dupont, Hexion, Huntsman, and Olin Epoxy
News Article | May 8, 2017
DUBLIN, May 08, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Growth Opportunities in the Global Advanced Composites Market" report to their offering. The global advanced composites market looks promising with opportunities in various end use...
News Article | May 1, 2017
New technologies, products and industry projects show signs of progress in the quest to advance composites recycling – and make it profitable. In homes and offices throughout the world, recycling bins are ubiquitous. The concept of recycling has become so deeply engrained in society that no matter what you need to discard, chances are you can recycle it. That is, unless you’re looking to recycle glass or carbon fiber composites. “Everybody knows you recycle aluminum cans, right? You don’t even think about it,” says Ed Pilpel, senior advisor at PolyOne Advanced Composites and chairman of ACMA’s Green Composites Council (GCC) Recycling Committee. “There’s a bin for it. There’s a bin for paper and [other] kinds of recycling. If we ever get to the point where there’s a recycling bin for composites, then we know we have achieved success.” The industry isn’t quite there yet, but according to Pilpel and others, there has been significant progress over the past few years. Recycled CFRP has made major strides recently, and while GFRP recycling has some catching up to do, Pilpel is optimistic. That’s because in all corners of the world, businesses are developing and investing in novel recycling technology and establishing the business case for both carbon fiber and glass fiber composite recycling. All are working toward answering the million dollar question: How can we make recycling composites profitable? According to Pilpel, the business case for recycling composites has been a project many years in the making. When the GCC Recycling Committee was formed in 2011, the industry’s rate of recycling was approximately 1 to 2 percent. Pilpel was making presentations around the country about what he calls the “recycling puzzle” and the need to solve it, but the resources to do so weren’t readily available. That was, until a newly-minted composites institute with the resources to tackle the puzzle came into the picture. In June 2015, the U.S. Department of Energy (DOE) launched IACMI-The Composites Institute – a $259 million program for manufacturing innovation. A few months later, ACMA and IACMI agreed to collaborate on a wide range of topics, including recycling. “One of the big things we didn’t expect was IACMI to show up and the DOE to get involved this way, because one of our concerns was how is government going to deal with composites recycling?” recalls Pilpel. IACMI is currently reviewing ACMA’s proposal to study and test CHZ Technologies’ ThermolyzerTM technology, which recycles all liquids, tars and oils from composite materials and converts them into clean synthetic gases. By working with the Institute of Scrap Recycling Industries (ISRI), Pilpel and the Recycling Committee learned that industries like rubber find profit through recycling by separating their various elements. Pilpel says the composites industry can draw inspiration from rubber companies who separate the two main components of tires: the nylon core and steel cords. In FRP, the two main components you can separate are the fiber and the polymer matrix.
News Article | May 1, 2017
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Growth Opportunities in the Global Advanced Composites Market" report to their offering. The global advanced composites market looks promising with opportunities in various end use industries such as aerospace & defense, wind energy, transportation, marine, construction, electrical/electronics, consumer goods, and pressure vessels. The global advanced composites material market is expected to reach an estimated $5.2 billion by 2022 and it is forecast to grow at a CAGR of 8.0% from 2017 to 2022. The global advanced composites end product market is expected to reach an estimated $17.1 billion by 2022. The major drivers of growth for this market are increasing demand of lightweight materials in the aerospace & defense and automotive industry. Emerging trends, which have a direct impact on the dynamics of the advanced composites industry, include increased demand for carbon fiber which has high tensile strength, modulus, and compatibility with different resins. Within the global advanced composites market, aerospace & defense application is expected to be to remain the largest market by volume and value consumption. The major driver for this segment is the increase penetration of composites in next generation commercial aircraft, like Boeing's B787 and Airbus 380, regional aircraft such as Bombardier's C Series, and general aviation aircraft such as Cirrus and Diamond. Advanced composites companies profiled in this market include Toray, Teijin, Mitsubishi Rayon, Hexcel, Dupont, Hexion, Huntsman, and Olin Epoxy are the major advanced composite manufacturers in the global advanced composites market. 3. Market Trends and Forecast Analysis from 2011 to 2022 For more information about this report visit http://www.researchandmarkets.com/research/84djdz/growth
News Article | February 17, 2017
Researchers at Queen’s University in Belfast have developed simulation tools which will help to improve the safety of the latest generation of carbon fiber airplanes, formula one racing cars and future lightweight family cars. During the €4 million European study the researchers will work with Bombardier Aerospace Belfast, McLaren-Honda F1 and Fiat to develop safer and more efficient ways to use lightweight carbon fiber composites in their designs. According to Professor Brian Falzon, Royal Academy of Engineering Bombardier Chair in Aerospace Composites, the research could allow companies in the aerospace, automotive and rail industries to try new designs virtually, ruling out any safety concerns without having to incur huge costs in physically testing these designs. Through the project, researchers will explore the development of new generations of composite materials, using nanotechnology, which could improve safety even further. ‘At Queen’s, we are training the next generation of researchers in this area and have developed a cutting-edge computer system which uses virtual testing to predict how carbon fiber composites will react when impacted, when crushed, or when put under extreme loading – allowing for improved crashworthiness design and reducing impact to passengers,’ said Professor Falzon. ‘Using mathematics and computer software, our Advanced Composites Research Group at Queen’s has developed a system which is as close to reality as possible and can pick up problems that may not always be visible, such as internal wing damage on a plane which may occur during operation. By understanding the failure mechanisms of composite materials such as carbon fiber, we are able to better exploit their unique properties and create very lightweight transportation structures. This will minimise environmental impact whilst ensuring utmost safety to passengers.’ This story is reprinted from material from Queen's University, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
News Article | February 22, 2017
Global thought leaders converge this October to address some of the world's greatest challenges SEATTLE, WA--(Marketwired - February 22, 2017) - Strategic News Servicetm (SNS) has selected Haydale Technologies Inc. (HTI) as a 2017 FiReStarter company to be featured at the 15th annual Future in Review (FiRe) Conference. FiRe 2017 will take place October 10-13 at the Stein Eriksen Lodge Deer Valley in Park City, Utah. Described by The Economist as "the best technology conference in the world," FiRe features global speakers and participants in technology and the global economy, including Elon Musk, Craig Venter, Michael Dell, Vint Cerf, Leroy Hood, Elena Polyakova, Mark Hurd, Paul Jacobs, Cory Doctorow, Kamran Elahian, Ken Goldman, Dharmendra Modha, and many others. FiReStarters are selected based on the strength of their potential to bring positive change to the world, and are showcased at the FiRe conference in panels throughout the event and with ongoing relationships introduced and supported by SNS. Haydale Technologies Inc. (HTI) is a high-tech materials company specializing in silicon carbide fibers and microfibers, functionalized graphene, and their applications. HTI is the US division of Haydale Graphene Industries (HGI), itself a former FiReStarter. HGI acquired Advanced Composites Materials' silicon carbide business in 2016 and is using its hi-tech facility and skilled and technically advanced team as a springboard for the expansion of HGI's business into the US market. Trevor Rudderham, CEO of HTI, commented: "We are honored to have been invited to be a FiReStarter. As regular participants at FiRe, we are keenly aware of the exceptionally high standard set by previous FiReStarters for innovation and transformation -- a standard we will seek enthusiastically to maintain. Our portfolio of advanced applications has increasing relevance as enhanced material properties are sought to enable other innovations, especially those being pursued by our fellow FiReStarters." "Haydale Technologies is the perfect representation of the innovation and business acumen that has made Haydale Graphene a world-changer," said Mark Anderson, FiRe Chair and CEO of the Strategic News Service. "As industry turns increasingly to advanced materials for everything from chips to lightweighting, we think HTI will play a pivotal role. We are delighted to have HTI as our second Haydale FiReStarter and look forward to working with them to help make the world stronger, lighter, faster, and smarter than it is today." Future in Review is a gathering of world-class thought leaders, convened each year with the goal of providing the most accurate look forward in technology. FiRe is a world leader in exploring how technology drives the world economy and in using technology to solve major social challenges. These goals have been consistently achieved through FiRe's collaboration across technology-driven industries and through active support from the global FiRe community. To register for FiRe 2017, go to www.futureinreview.com. Strategic News Service was founded by Mark Anderson in 1995 as the first subscription-based online news service. Since its inception, SNS has proven the most accurate predictive report covering technology and the global economy. Its subscribers include top managers at technology and finance companies across the globe, including Oracle, Microsoft, HP, Dell, Cisco, Intel, Google, British Telecom, SpaceX, Amazon, Telstra, and others. SNS has been operating the annual FiRe conference since 2003. FiRe exposes world experts and participants to new ideas, and conversations about them, producing an accurate portrait of the future; and focuses on creating technology solutions to current local and global problems. FiRe 2017 will take place October 10-13, 2017, at the Stein Eriksen Lodge Deer Valley in Park City, Utah. For more information and to register, go to www.futureinreview.com. Future in Review™ is a Strategic News Service™ conference. Future in Review and Strategic News Service (SNS) are registered international trademarks. The "SNS Global Report on Technology and the Economy" is the most accurate publicly ranked predictive newsletter in computing and communications.
News Article | February 17, 2017
DURHAM, N.C.--(BUSINESS WIRE)--Reichhold announced a price increase today on all unsaturated polyester resins and vinyl esters of $0.08/lb USD. The selling price increase applies to all products sold in the United States and Canada and is effective for all orders shipped on or after March 3, 2017. Lou Tirreno, Sales Director North American Composites, stated, “Extremely tight supply conditions and limited feedstock availability in the North American market, along with delayed first quarter turnarounds continue to propel raw material prices higher. Reichhold continues to work closely with its suppliers to minimize cost increases and the impact they have on its customers.” For more information on Reichhold’s technologies for the composites industry, visit www.reichhold.com or e-mail email@example.com. Founded in 1927, Reichhold, with its world headquarters and technology center in Research Triangle Park, North Carolina, USA, is one of the world’s largest manufacturers of unsaturated polyester resins and a leading supplier of coating resins for the industrial, transportation, building and construction, marine, consumer and graphic arts markets. Reichhold has manufacturing operations throughout North America, Latin America, Europe, the Middle East and Asia. ADVALITE™ Specialty vinyl hybrid liquid and monomer free hot melt prepreg resin products for the Advanced Composites Market POLYLITE® All standard Reichhold resin products for composites, for both reinforced and non-reinforced applications HYDREX® High-performance vinyl ester resins designed specifically for excellent hydrolytic stability in applications such as boat building and spa manufacturing NORPOL® Compounded products, chiefly gelcoats and bonding pastes; also the brand for LP-additives for SMC/BMC and pultrusion DION® Industrial resin products (especially vinyl ester resins), including those for corrosion-resistant, flame-retardant and pultrusion applications; also the brand for higher performance polyester resins across all markets
News Article | February 15, 2017
KNOXVILLE, Tenn., Feb. 15, 2017 /PRNewswire/ -- The Institute for Advanced Composites Manufacturing Innovation, a 100+ member, University of Tennessee, Knoxville and Department of Energy driven consortium committed to increasing domestic production capacity and manufacturing jobs across...
News Article | February 21, 2017
« Toyota unveiling i-TRIL Concept at Geneva; electric and autonomous urban mobility | Main | California Energy Commission selects 16 hydrogen station projects for up to $33.4M in funding » The Institute for Advanced Composites Manufacturing Innovation (IACMI)—a 100+ member, University of Tennessee, Knoxville and Department of Energy led consortium committed to increasing domestic production capacity and manufacturing jobs across the US composites industry—launched the first technical collaboration project in the compressed gas storage focus area. The project will combine partnership efforts from DuPont Performance Materials (DuPont), the University of Dayton Research Institute (UDRI), Composite Prototyping Center (CPC) and Steelhead Composites. The target objective of the project is to provide unique advantages to the storage of compressed natural gas with the use of thermoplastic composite technologies to achieve better durability, weight reduction and recyclability. The project plan will take advantage of several unique technologies combined with the expertise of each partner. The project proposal begins with the design of a prototype CGS tank based on measured mechanical properties of polyamide composite panels produced by AFP. Pending successful results from two initial phases, the project will conclude with the production of full size tanks. DuPont Performance Materials (DPM) is a leading innovator of thermoplastics, elastomers, renewably sourced polymers, high-performance parts and shapes, as well as resins that act as adhesives, sealants, and modifiers. DPM supports a globally linked network of regional application development experts who work with customers throughout the value chain to develop innovative solutions in automotive, packaging, construction, consumer goods, electrical/electronics and other industries.
Advanced Composites | Date: 2016-09-06
Filament winding or another technique can be used to create composite parts having various layers of pigmented fibers. The composite parts can then be milled to form one or more flat surfaces on the composite part. Due to the layering of pigmented fibers, the flat surfaces can have a pattern that resembles wood grain or another pattern. These milled composite parts can then be used as components for furniture or other items.
News Article | February 15, 2017
Gurit, a global manufacturer of composite materials, has signed a distribution agreement with Barracuda Advanced Composites as its distributor for non-wind applications. This agreement comprises Gurit’s range of prepregs and adhesives for the marine and industrial markets in Brazil. ‘Barracuda is well-established in Brazil and their experience in the marine and industrial sectors will help us to further develop our presence in the Brazilian market,’ said Stefan Gautschi, general manager Gurit Composite Materials. ‘The association with Gurit and the company’s experience in long life prepreg and adhesives will open up a new growing market in Brazil for marine and industrial applications during the next decade,’ said Jorge Nasseh, Barracuda Composites CEO. This story is reprinted from material from Gurit, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.