Why a trusted composite manufacturer? For industries such as aerospace, automotive, and construction that use composite materials, finding the right manufacturer is critical to product performance, but also to ensuring cost-effective and reliable products. An uptick in demand for composites around the world has taken hold, with the carbon fiber market alone projected to double — from $3.9 billion in 2022 to $8.6 billion in 2030 — as it brings use cases in high-performance industries. The growing trend highlights the need to collaborate with reputable composite manufacturers capable of supplying products that satisfy stringent industry standards and deliver uniform quality.
A well-established composite manufacturer has decades of experience behind them. For example, Hexcel Corporation, who is one of the leading providers of composite materials, has more than 70 years of experience providing advanced materials for the aerospace industry. Their composites can be found in products, including the Boeing 787 Dreamliner, with a 50% composite structure that has resulted in up to 50% airline fuel consumption savings. The inclusion of Hexcel’s materials furthers the airline industry’s collective mission to lower carbon emissions, with annual savings of about $50 million for each aircraft in service.
Opting for a reliable manufacturer also guarantees rigorous testing of products and adherence to safety certifications. For instance, Toray Industries has generated carbon fiber for vital applications like the Airbus A350 through which the composite materials help reduce the aircrafts’ weight and improve its fuel efficiency. Toray’s carbon fiber products are also noted for their durability, which can exceed 20 years in the aerospace industry. This longevity lowers maintenance costs and increases the general reliability of the final product.
Composite Manufacturers that are trustworthy also use the latest technology to keep up with market changes. BASF, for example, which is a leading composite company, has bio-based composites that can lessen environmental impact. In the automotive industry, BASF’s green composites are utilized in body panels and other components, providing manufacturers with a sustainable option that meets the increasing emphasis on eco-friendly materials. The company invests $3.5 billion a year in research and development to advance material performance and minimize environmental footprints.
In addition to that trusted composite manufacturers tend to deliver custom solutions according to specific business goals. For example, General Electric Aviation collaborated with suppliers to create custom composite materials for its LEAP engine, a project that yielded a 15% efficiency gain over previous models. The collaboration between GE and its suppliers is a prime example of the value of working with manufacturers that are agile and can accommodate the specific needs of their customers.
The last thing is that you need to look for a Composite Manufacturer that can provide services at competitive rates without affecting the quality. SGL Carbon, a major supplier of composite fibers and technical processing of carbon and graphite products, had 5% growth in revenue year to date 2023 compared with 2022, powered by an ability to rapidly scale production for automotive and aerospace markets in a cost-effective manner without sacrificing quality (heavy manufacturing for automotive and, aerospace with high standards). They are used in lightweight car parts and industrial components, providing a balance of cost and performance.
Opting for trusted Composite Manufacturer allows businesses to benefit from high-performance materials, leading to improved product quality, reduced costs, and enhanced efficiency over time. With the rise in demand for advanced composite materials, it is increasingly crucial to choose the correct supplier.