LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global tooling composite market 2016-2020 report. This research report also lists 11 prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
The global tooling composites market is monopolistic in nature. Players such as Cytec Solvay Group, Hexcel, Airtech International, TenCate, and SikaAxson dominate the market. These players account for a major proportion of the tooling composites production. Smaller players that manufacture unbranded versions of polyamides constitute the remaining share.
According to Chandrakumar Badala Jaganathan, lead analyst at Technavio for textile, fiber, and composites research, “Factors such as proprietorship over technology, economies of scale, R&D capabilities, and level of downstream integration play a significant role in defining the competitive structure of this market. R&D plays an important role, as it is seen as an avenue to differentiate the products and gain proprietorship on manufacturing processes.”
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Airtech was founded in 1973 and is headquartered in Huntington Beach, California, US. The company manufactures vacuum bagging and composite tooling materials. Airtech International is a division of Airtech Advanced Materials Group.
The company operates engineering and distribution facilities in the US (three facilities), Luxembourg, the UK, and China. Its manufacturing plants are located in Chino, California and Springfield Tennessee, US; Differdange, Luxembourg; and Tianjin, China. It also has converting and distribution centers in Chadderton, England. Its manufacturing capabilities include prepregs or autoclaves, glass laminating, resin infusion, oven cure, and wet lay-up.
The company is one of the leading manufacturers of vacuum bagging and composite tooling materials. These are used for oven or autoclave cures, resin infusion, and wet lay-up processes up to 743 °F.
Cytec was established in 1993 and is headquartered in Woodland Park, New Jersey, US. The company offers specialty materials and chemicals for the aerospace, industrial Cytec manufactures composite parts for aerospace sector and tooling materials that are dimensionally stable and durable. It offers epoxy and bismaleimide-based tooling materials. These tooling materials provide higher handling characteristics and molded surface quality.
Cytec focuses on developing new materials for future composite tooling needs. It is also engaged in collaborative R&D programs with government, academic institutes, and industries.
Hexcel was founded in 1946 and is headquartered in Stamford, Connecticut, US. The company manufactures lightweight, high-performance structural materials such as specialty reinforcements, carbon fibers, prepregs, and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered honeycomb, and composite structures. It caters to the commercial aerospace, space and defense, and industrial markets.
The company offers HexTOOL, a patented composite tooling material that fuses the tolerance accuracy of metals with the extreme lightness of carbon fiber composites. HexTOOL molds are easy to repair and simple to modify.
The company was established in 1910 and is headquartered in Baar, Switzerland. The company offers products for industrial manufacturing and the construction industry. It has subsidiaries in 90 countries and more than 160 manufacturing facilities.
Sika's tooling and composites unit develops solid and liquid plastics for use in the model, mold, tool, and prototype applications. It develops and produces SikaBlock board materials and Biresin casting resin for the model, mold and tool making, and high-performance resin systems for fiber-reinforced parts and molds.
TenCate was founded in 1958 and is headquartered in Almelo, the Netherlands. The company combines textile technology with chemical process technology for the development and production of functional materials. The end markets include mobility, infrastructure, water management, defense, personal protection, and sports and leisure.
TenCate offers AmberTool series of epoxy tooling prepregs for the composites industry. These prepregs provide versatile low-temperature cures for producing high-quality composite tooling from low-cost patterns. The TenCate AmberTool HX42, an epoxy resin, can be pre-impregnated into high-performance fibers such as carbon, glass, and aramid.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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