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AVK Innovation Awards: The winners
BUSINESS
Reinforced Plastics Volume 61, Number 2 March/April 2017
CFRP market to reach US$20,284 million by 2022
BUSINESS
The market for carbon fiber reinforced plastic (CFRP) materials could reach US$20,284 million by 2022, according to a new report published by Allied Market Research. This represents a CAGR of 8.1% during the period 2016–2022. North America is the major revenue-generating regional market and would continue to be the leader until 2022. While aerospace and defense projects such as Boeing and Airbus are the primary drivers for growth and development of the CFRP market, the high costs of CFRP and
long production cycles is expected to restrain the market growth. The thermosetting segment accounted for more than two-thirds of the market revenue in 2015 and would continue to lead the market until 2022. This was attributed to its mechanical properties such as tensile strength, compressive strength, hardness, and temperature independence. The epoxy resin segment accounted for more than 60% share in world thermosetting CFRP market, in terms of both market volume and revenue, in 2015.
Pultrusion & winding is the most commonly adopted manufacturing process as the process generates high production volumes in minimal time; approximately 23,565 tons CFRP was manufactured using this process in 2015. The aerospace & defense industry generates the highest revenue, which generated about US$5576 million revenue in 2014.
about the many different RTM options which are available for the production of moulded parts. The new website, found at www.euro-rtm-group.de, covers the available options and also suitable contacts for interested parties. ‘[With RTM,] it is possible to achieve a high level of flexibility in potential
materials, a consistently high quality of components and the option of a high fibre volume content,’ the organization said in a press release. ‘As a result, RTM has become one of the greatest carriers of hope for the serial manufacturing of composites in recent years.’ AVK; www.avk-tv.de
automotive sector. Fraunhofer IPA and its partner bauer-tools were awarded first place in the Innovative Processes and Methods category for their counter-drilling process for high precision drilling of aircraft materials, while the award for Research and Science was won by the Seat of Carbon Composites at the Technical University of Munich with its partner company Dekumed Kunststoff- und Maschinenvertrieb GmbH & Co. KG for their
high performance ultrasonic mixing head for low-pressure injection moulding plants in composite processes. In addition, the AVK’s special prize for an exceptionally attractive employer was awarded to the company Textechno GmbH & Co. KG for the first time. For full details of the projects, go to the AVK website.
Allied Market Research; www.alliedmarketresearch.com
AVK creates RTM website The German Federation of Reinforced Plastics (AVK) has set up a new website for its Euro resin transfer molding (RTM) Group. The group focuses on RTM as a forwardlooking production technique for glass fiber reinforced plastics (GRP). The purpose of the group continues to be to increase in the level of awareness in the GRP industry
AVK Innovation Awards: The winners AVK Composites Germany has announced the winners of its coveted Innovation Awards 2016. This year, the awards were accorded in three main categories as well as a special prize for an ‘exceptionally attractive employer’. The Innovative Products and Applications category recognized the achievements of Daimler AG and its partner company Secartechnologie in the development of FRP hybrid struts for applications in the
AVK; www.avk-tv.de
German Federation of Reinforced Plastics elects new board members The members of the German Federation of Reinforced Plastics (AVK) have elected a new board under the organization’s regular cycle. Two members are leaving the current board for personal reasons at the end of this year: Heike Wolfangel, managing director of Wolfangel GmbH, and Gerd Esswein, managing director of Freudenberg New Technologies SE. The two new board members are Michael Polotzki, managing director of Menzolit SrL. and Dirk Punke, managing director of ¨ FA Composite Systems GmbH. BU The following previous board members were re-elected: chairman Michael Effing, PhD, managing director of AMAC GmbH, 76
The re-elected AVK chairman, Michael Effing.
deputy chairman professor Jens Ridzewski, business development manager at IMA Materialforschung & Anwendungstechnik GmbH, and treasurer, Tilman Schultz, managing director of CEMO GmbH. The AVK board members will serve another three-year term of office from the 2017 financial year onwards. ‘I’m looking forward to working with the re-elected board members and also with the two new members, Dirk Punke and Michael Polotzki, who have been giving such active support to our working groups for many years now,’ said Elmar Witten, managing director of AVK. German Federation of Reinforced Plastics (AVK); www.avk-tv.de
Reinforced Plastics Volume 61, Number 2 March/April 2017
CFRP market to reach US$20,284 million by 2022
BUSINESS
The market for carbon fiber reinforced plastic (CFRP) materials could reach US$20,284 million by 2022, according to a new report published by Allied Market Research. This represents a CAGR of 8.1% during the period 2016–2022. North America is the major revenue-generating regional market and would continue to be the leader until 2022. While aerospace and defense projects such as Boeing and Airbus are the primary drivers for growth and development of the CFRP market, the high costs of CFRP and
long production cycles is expected to restrain the market growth. The thermosetting segment accounted for more than two-thirds of the market revenue in 2015 and would continue to lead the market until 2022. This was attributed to its mechanical properties such as tensile strength, compressive strength, hardness, and temperature independence. The epoxy resin segment accounted for more than 60% share in world thermosetting CFRP market, in terms of both market volume and revenue, in 2015.
Pultrusion & winding is the most commonly adopted manufacturing process as the process generates high production volumes in minimal time; approximately 23,565 tons CFRP was manufactured using this process in 2015. The aerospace & defense industry generates the highest revenue, which generated about US$5576 million revenue in 2014.
about the many different RTM options which are available for the production of moulded parts. The new website, found at www.euro-rtm-group.de, covers the available options and also suitable contacts for interested parties. ‘[With RTM,] it is possible to achieve a high level of flexibility in potential
materials, a consistently high quality of components and the option of a high fibre volume content,’ the organization said in a press release. ‘As a result, RTM has become one of the greatest carriers of hope for the serial manufacturing of composites in recent years.’ AVK; www.avk-tv.de
automotive sector. Fraunhofer IPA and its partner bauer-tools were awarded first place in the Innovative Processes and Methods category for their counter-drilling process for high precision drilling of aircraft materials, while the award for Research and Science was won by the Seat of Carbon Composites at the Technical University of Munich with its partner company Dekumed Kunststoff- und Maschinenvertrieb GmbH & Co. KG for their
high performance ultrasonic mixing head for low-pressure injection moulding plants in composite processes. In addition, the AVK’s special prize for an exceptionally attractive employer was awarded to the company Textechno GmbH & Co. KG for the first time. For full details of the projects, go to the AVK website.
Allied Market Research; www.alliedmarketresearch.com
AVK creates RTM website The German Federation of Reinforced Plastics (AVK) has set up a new website for its Euro resin transfer molding (RTM) Group. The group focuses on RTM as a forwardlooking production technique for glass fiber reinforced plastics (GRP). The purpose of the group continues to be to increase in the level of awareness in the GRP industry
AVK Innovation Awards: The winners AVK Composites Germany has announced the winners of its coveted Innovation Awards 2016. This year, the awards were accorded in three main categories as well as a special prize for an ‘exceptionally attractive employer’. The Innovative Products and Applications category recognized the achievements of Daimler AG and its partner company Secartechnologie in the development of FRP hybrid struts for applications in the
AVK; www.avk-tv.de
German Federation of Reinforced Plastics elects new board members The members of the German Federation of Reinforced Plastics (AVK) have elected a new board under the organization’s regular cycle. Two members are leaving the current board for personal reasons at the end of this year: Heike Wolfangel, managing director of Wolfangel GmbH, and Gerd Esswein, managing director of Freudenberg New Technologies SE. The two new board members are Michael Polotzki, managing director of Menzolit SrL. and Dirk Punke, managing director of ¨ FA Composite Systems GmbH. BU The following previous board members were re-elected: chairman Michael Effing, PhD, managing director of AMAC GmbH, 76
The re-elected AVK chairman, Michael Effing.
deputy chairman professor Jens Ridzewski, business development manager at IMA Materialforschung & Anwendungstechnik GmbH, and treasurer, Tilman Schultz, managing director of CEMO GmbH. The AVK board members will serve another three-year term of office from the 2017 financial year onwards. ‘I’m looking forward to working with the re-elected board members and also with the two new members, Dirk Punke and Michael Polotzki, who have been giving such active support to our working groups for many years now,’ said Elmar Witten, managing director of AVK. German Federation of Reinforced Plastics (AVK); www.avk-tv.de