Global Advanced Polymer Composites Market – Top 5 Vendors by Technavio

January 4, 2018

LONDON–(BUSINESS WIRE)–#AdvancedPolymer—Technavio
has announced the top five leading vendors in their recent global
advanced polymer composites market report from 2017-2021.
This market research report also lists seven other prominent vendors
that are expected to impact the market during the forecast period.

Competitive vendor landscape

According to the research analysis, the global
advanced polymer composites market is one of the growing markets.
Many international and regional vendors are present in the market. With
the increase in extension of product applications in terms of innovation
in technology and due to increase in demand from emerging markets, the
competitive environment in the market is expected to further intensify
during the forecast period.

According to Kshama Upadhyay, a lead analyst at Technavio for textile,
fiber, and composites research, “Vendors compete based on
factors such as economies of scale, product innovations, and abililty to
recycle as the cost of raw materials is very high. Vendors are
meeting the demand for advanced polymer composites by increasing their
production capacity and teaming up with other manufacturers.”

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Technavio market research analysts identify the following key
vendors:

Covestro

Covestro is a manufacturer of high-tech polymer materials. Its product
portfolio comprises polycarbonates (PCs) and raw materials for
polyurethanes, coatings, and adhesives. Its products are used in various
industries such as automotive, packaging, medical engineering, garden
and sanitation, sports and leisure, and textiles. Its operations are
supported by production sites located in North America, Europe, and Asia.

Hexcel

Hexcel offers lightweight and high-performance structural materials such
as specialty reinforcements, carbon fibers, adhesives, prepregs, and
other fiber-reinforced matrix materials, engineered honeycomb, and
composite structures. It caters to the commercial aerospace, space and
defense, and industrial markets. Hexcel’s advanced composites are used
in commercial aerospace industry.

Koninklijke Ten Cate

Koninklijke Ten Cate is into manufacturing and selling of functional
materials, modules, and systems for the protection of people. It has
five business groups such as protective fabrics, composites, armor,
geosynthetics, and grass. The company, is involved in the development,
production, and supplying advanced composites materials. It serves
various industries including aerospace, satellite or communications,
industrial, footwear, consumer electronics, and medical markets. In the
aerospace industry, Airbus and Boeing are its customers.

SGL Group

SGL Group is one of the leading manufacturers of carbon products
globally. The company manufactures high-performance carbon materials and
products such as graphite specialties, graphite electrodes, cathodes,
carbon fibers, CFRP components, and carbon fiber materials. It also
offers process technologies. The company's product group includes
composite materials. It contains thermoplastic composite materials made
from carbon fibers.

Solvay

Solvay is a chemical manufacturing company, which specializes in the
production of polyamides and intermediates, specialty polymers,
essential chemicals, acetate tow, consumer chemicals, silica and rare
earth systems, and vinyl. It provides specialty polymers for the
aerospace industry, with focus on energy saving. It provides a variety
of oligomers, polymers, and monomers in various sizes and molecular
weights that can be used in advanced composites. It along with its
partner Aonix Advanced Materials are accelerating commercialization of
mass-produced, thermoplastic composites, which are made from Solvay’s
high-performance polymers.

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