Lighter, Stronger, Better: How composite material manufacturers are revolutionizing the industry Composite materials emerged as a cornerstone of modern manufacturing which has revolutionized industries ranging from aerospace to automotive. As the requirement for lightweight, durable, and high-performance materials for making equipment continues to rise, composite material manufacturers play a significant role in fulfilling these demands. A market study forecasted this demand will continue to increase at a CAGR of 7.2% between 2023 and 2030. With that growth rate, the composite market will reach USD 163.97 billion by 2030. This article focuses on the postmortem of the Indian composite material manufacturing market and its contribution to the global market.
Understanding Composite material Composite materials might sound a bit complex stuff; however, the basic concept is quite intuitive. Imagine combining the strengths of different materials to create a stronger material. That is exactly all about the concept of composite material. This material consists of two core materials- Reinforcement and Matrix. The first one provides strength and stiffness to the materials, e.g. fibers made from glass, carbon, or even wood. On the other hand, the matrix helps to bind the reinforcement together, e.g. epoxy resin.
Advantages of composite material Let’s take a look at why composite materials are rapidly replacing traditional materials like steel and aluminum. ● Excellent Strength-to-Weight Ratio that is quite better than steel. ● Advanced composites have exceptionally high tensile strength often surpassing that of steel and aluminum. ● Offer flexibility to produce complex-shaped equipment, unlike the other materials. ● The corrosion resistance of composite materials is much higher than steel and cast iron. ● In addition, composite material manufacturers offer customized properties. That is to say, by carefully selecting the reinforcement and matrix, engineers can create composites with specific properties for a particular application. Applications With more innovative features and customization of certain core features, the applications of advanced composites have been increasing day by day. Not only the aerospace industry but also other sectors prefer composite materials over other materials for various uses. Such as ● Automobile Industry: Parts like drive shafts, hoods, and leaf springs can be made from composites. Using composite parts significantly improves the fuel efficiency and performance of vehicles. ● Construction Sector: Fiberglass is a common composite used in pipes, tanks, and building components. ● Sporting Goods: From manufacturing tennis rackets and golf clubs to bicycles and kayaks, composites are used.
Indian composite material manufacturers India has experienced massive growth in the composite manufacturing industry. Companies like Rockman Advanced Composites have a vast overseas markets. Almost 99% of advanced composites Here are the reasons behind that● Huge demand from the international market: As the use of composite materials increases, like other nations Indian manufacturers are diligently trying to meet that
demand. According to the latest data, India witnessed a remarkable 62.9% increase in imports of fiber-reinforced polymer (FRP) and composite materials in 2023. ● Skilled workforce: The average age of the Indian population is 28.2 years. Therefore, the Indian skilled workforce in engineering and manufacturing contributes to the success of the composite industry equally. ● Investment in the R&D department: Indian composite material manufacturers spend a large amount on their R&D department to monitor the quality and make the manufacturing process more efficient. For example, the R&D department of Rockman Advanced Composites conducts extensive research to ensure stringent quality control standards.
Global competition Indian manufacturers are winning the global race by offering a commitment to quality, timely delivery, and competitive pricing. Leveraging cost advantages and technological capabilities, Rockman Advanced Composites has managed to secure contracts and partnerships with many international clients. In fact, the company exports 99% of its total production to 10+ nations. For your composite needs, you can get in touch with them.
