Latest news with #TorayIndustries
Fashion Value Chain
10 hours ago
- Automotive
- Fashion Value Chain
Engineered Fibers Market to Hit USD 20.23 Bn by 2034
Engineered Fibers Market to Reach USD 20.23 Billion by 2034, Driven by Sustainability and High-Tech Applications According to the latest study by Polaris Market Research, the engineered fibers market is projected to grow from USD 11.98 billion in 2024 to USD 20.23 billion by 2034, registering a CAGR of 5.39% during the forecast period. The report, titled 'Engineered Fibers Market Share, Size, Trends & Industry Analysis Report: 2025–2034', highlights key growth drivers across end-use sectors and regions. Fiber Innovation Meets Industrial Performance Engineered fibers are specialty materials designed to deliver superior mechanical, thermal, and functional capabilities. These fibers are now being adopted across automotive, aerospace, construction, and healthcare for their ability to integrate features like conductivity, self-healing, and smart responsiveness. As industries seek more than traditional textile functions, these high-performance fibers are enabling next-gen material solutions. Key Growth Drivers: Sustainable Manufacturing : Engineered fibers are increasingly produced using eco-friendly and recyclable materials , aligning with global regulatory and consumer pressure to reduce environmental impact. Carbon Fiber Demand : In 2024, carbon fibers led the market, valued for their high strength-to-weight ratio and thermal stability , making them a material of choice in aerospace and automotive. Automotive Leads End-Use Sectors : Lightweight fibers are essential in improving vehicle fuel efficiency and performance , driving the fastest growth in this segment. Asia Pacific Dominance : With rapid industrialization and large-scale infrastructure investment, the region accounted for the highest revenue share in 2024 . North America's Growth Outlook: Rising adoption in defense, aerospace, and premium vehicles is expected to elevate demand during the forecast period. Market Segmentation Snapshot: By Type: Carbon Fibers Aramid Fibers Glass Fibers Others By End-Use Industry: Automotive Construction & Infrastructure Healthcare Others By Region: North America (US, Canada) Europe (Germany, UK, France, etc.) Asia Pacific (China, India, Japan, etc.) Latin America (Brazil, Mexico) Middle East & Africa (UAE, Saudi Arabia, South Africa) Top Players in the Global Market: Toray Industries, Inc. Hexcel Corporation DuPont Lenzing AG Solvay Teijin Limited Mitsubishi Chemical Corporation SGL Carbon, among others. Download Sample Report
Nikkei Asia
07-07-2025
- Business
- Nikkei Asia
Toray unit debuts advanced chip analysis services in US
Toray Research Center's lab in the Japanese city of Otsu contains dozens of cutting-edge analysis devices. (Toray Research Center) SHOJI KODAMA TOKYO -- A subsidiary of Japanese chemical and fiber supplier Toray Industries is bringing its unique chip analysis capabilities to the U.S., pursuing demand as Washington seeks greater semiconductor production in response to tensions with China. Dozens of cutting-edge analytical devices fill the offices at Toray Research Center's lab in Otsu, a city near Kyoto. One machine can cost 1 billion yen ($6.9 million).
Yahoo
04-06-2025
- Business
- Yahoo
Toray Reinforces Long-Term Commitment to Aerospace and Defense Innovation at the 2025 Paris Air Show
PARIS, June 4, 2025 /PRNewswire/ -- Toray Industries, Inc., a global leader in advanced high-performance materials, proudly returns to the 55th International Paris Air Show in Le Bourget, France, from June 16 to 22. As the aerospace industry navigates rapid technological shifts, geopolitical uncertainties, and evolving sustainability demands, Toray continues demonstrating its role as a reliable materials provider and a key contributor to long-term industry growth. Discussions at the show will spotlight Toray's continued advancement of composite material solutions that enable next-generation aerospace, defense, and space systems. The Toray product suite, including TORAYCA™ carbon fiber, high-performance thermoset systems, and Toray Cetex® thermoplastic composites, delivers the optimal balance of strength, toughness, processability, and long-term durability while supporting critical qualification and certification requirements. Critical Materials for Mission SuccessToray's advanced materials are qualified across major global defense and space programs – ranging from 5th and 6th-generation fighter aircraft and unmanned aerial systems (UAS) to next-generation missiles, rotorcraft, and orbital systems. Among recent milestones is the selection of Toray's T1100/3960 carbon fiber prepreg for the U.S. Army's Future-Range Assault Aircraft (FLRAA) program to be used in primary airframe structures. Toray's composites deliver the strength, durability, and thermal stability essential to mission-critical systems. Powering the Evolution of AviationToray composite technologies have enabled the widespread adoption of lightweight, fuel-efficient materials for large passenger jets and now play a pivotal role in the development of electric and hybrid propulsion aircraft, including electric Vertical Takeoff and Landing (eVTOL) aircraft. These materials are ideal due to their high strength-to-weight ratio, processing efficiency, and robust qualification data needed for certification. Demonstrating its continued commitment to innovation, Toray recently expanded its portfolio with advanced thermoplastic composites such as Toray Cetex® TC1130 PESU, engineered for aircraft interior applications, and Toray Cetex TC915 PA+™, developed to meet performance demands focused on durability and lightweight design – particularly in urban air mobility (UAM) and UAS platforms. Other product expansions include the TORAYCA™ T1200, ideal for the most demanding applications, with the world's highest tensile strength of 8.0 gigapascals (GPa). The ongoing expansion of manufacturing facilities in France to support the market growth in Europe focuses on standard modulus and high modulus fibers used and qualified in commercial aviation, space, and defense applications. Advanced towpreg products are also available for filament-wound and automated placement manufactured aerostructures. As Toray approaches its 100th anniversary in 2026, the company continues to embody its centennial theme: "Pioneering Change for the World." With nearly a century of proven performance and innovation, Toray continues to provide reliable, high-performance materials that support the future of aviation. Participating Toray Companies:Toray Composite Materials America, manufacturer, and supplier of polyacrylonitrile-based TORAYCA™ carbon fiber and thermoset prepreg materials. Toray Advanced CompositesDeveloper, manufacturer, and supplier of thermoset and thermoplastic-based materials, including prepregs in fabric, unidirectional tape, bulk-molded compounds, and reinforced thermoplastic laminate formats. Toray Carbon Fibers EuropeEuropean manufacturer of TORAYCA™ carbon fiber and pultruded composite materials. About TorayToray is a leading technology and advanced materials innovator. We have contributed to social progress since our foundation in 1926 by creating new value and addressing global challenges by supplying high-value products, including fibers and textiles, resins and films, and carbon fiber composite materials. Our 306 subsidiaries and affiliates worldwide employ almost 48,000 people. View original content to download multimedia: SOURCE Toray Industries, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Automotive
- Yahoo
Milled Carbon Fiber Industry Report 2025-2034: EV Shift Spurs Surge in Milled Carbon Fiber Use for Structural and Non-Structural Components
The Global Milled Carbon Fiber Market is poised for robust growth, driven by rising demand for lightweight, high-strength materials across key industries, including automotive, aerospace, electronics, and construction. Milled carbon fiber is favored for its superior mechanical properties and resistance features. With increased adoption in carbon fiber composites for fuel-efficient vehicles, and advancements in technology, the market is set to expand significantly by 2034. Key players like Toray Industries and Hexcel Corporation are leading innovations. However, high manufacturing costs present challenges. Sustainability trends present opportunities for growth, particularly in eco-friendly sectors. Dublin, May 20, 2025 (GLOBE NEWSWIRE) -- The "Milled Carbon Fiber Market - A Global and Regional Analysis: Focus on Product, Application, and Country Analysis - Analysis and Forecast, 2025-2034" report has been added to Global Milled Carbon Fiber Market is witnessing substantial growth due to increasing demand for lightweight, high-strength materials in industries such as automotive, aerospace, electronics, and construction. Milled carbon fiber, made from finely milled carbon fiber material, offers enhanced mechanical properties, including high strength-to-weight ratios, corrosion resistance, and electrical conductivity, which make it an attractive material for various industrial 2025, the market will be propelled by the growing adoption of carbon fiber-based composites for lightweight and durable products. The automotive sector, in particular, is experiencing a surge in demand for carbon fiber composites due to the need for fuel-efficient and eco-friendly vehicles. The aerospace and electronics industries will also continue to leverage milled carbon fiber for structural components and conductive applications. By 2034, the market is expected to expand further, driven by technological advancements, greater material innovation, and the ongoing push toward sustainability across industries. Trend in the Milled Carbon Fiber MarketA significant trend in the milled carbon fiber market is the increasing use of carbon fiber composites in the production of electric vehicles (EVs). EV manufacturers are focusing on reducing vehicle weight to improve battery life and performance, leading to a higher demand for lightweight, durable materials such as milled carbon fiber in both structural and non-structural parts of the in the Milled Carbon Fiber MarketThe primary driver for the growth of the milled carbon fiber market is the increasing adoption of lightweight and high-strength materials across industries like automotive and aerospace. The automotive industry, especially, is pushing for reduced vehicle weight to improve fuel efficiency and reduce emissions, significantly contributing to the demand for milled carbon fiber components in vehicle in the Milled Carbon Fiber MarketDespite its advantages, the high cost of manufacturing milled carbon fiber remains a major restraint for the market. The processes involved in creating milled carbon fiber composites are energy-intensive and require advanced technology, leading to higher production costs. This can deter small and mid-sized manufacturers from adopting these materials, especially in price-sensitive in the Milled Carbon Fiber Market The growing trend toward sustainability and the development of eco-friendly materials presents a significant opportunity in the milled carbon fiber market. As industries focus on reducing their carbon footprints, the demand for carbon fiber-based composites will likely grow, especially in sectors such as construction, automotive, and energy, where materials must be lightweight yet strong. Key Players in the Milled Carbon Fiber Market Toray Industries Zoltek Hexcel Corporation Epsilon Composite Toho Tenax SGL Carbon Mitsubishi Chemical Corporation Nippon Graphite Fiber Corporation Formosa Plastics Corporation Cytec Solvay Group Key Topics Covered:1. Markets: Industry Outlook1.1 Trends: Current and Future Impact Assessment1.2 Stakeholder Analysis1.2.1 Use Case1.2.2 End User and Buying Criteria1.3 Market Dynamics Overview1.3.1 Market Drivers1.3.2 Market Restraints1.3.3 Market Opportunities1.4 Regulatory & Policy Impact Analysis1.5 Patent Analysis1.6 Start-Up Landscape1.7 Investment Landscape and R&D Trends1.8 Future Outlook and Market Roadmap1.9 Supply Chain Analysis1.10 Value Chain Analysis1.11 Global Pricing Analysis1.12 Industry Attractiveness2. Milled Carbon Fiber Market (By Application)2.1 Application Segmentation2.2 Application Summary2.3 Milled Carbon Fiber Market (by Application)2.3.1 Automotive2.3.2 Aerospace2.3.3 Electronics2.3.4 Construction2.3.5 Others2.4 Milled Carbon Fiber Market (by End-User)2.4.1 OEMs2.4.2 Aftermarket3. Milled Carbon Fiber Market (by Product)3.1 Product Segmentation3.2 Product Summary3.3 Milled Carbon Fiber Market (by Type)3.3.1 PAN-Based3.3.2 Pitch-Based4. Milled Carbon Fiber Market (by region)4.1 Milled Carbon Fiber Market (by Region)4.2 North America4.2.1 Regional Overview4.2.2 Driving Factors for Market Growth4.2.3 Factors Challenging the Market4.2.4 Key Companies4.2.5 Application4.2.6 Product4.2.7 U.S.4.2.7.1 Market by Application4.2.7.2 Market by Product4.2.8 Canada4.2.9 Mexico4.3 Europe4.4 Asia-Pacific4.5 Rest-of-the-World5. Markets - Competitive Benchmarking & Company Profiles5.1 Next Frontiers5.2 Geographic Assessment5.3 Company Profiles5.3.1 Overview5.3.2 Top Products/Product Portfolio5.3.3 Top Competitors5.3.4 Target Customers5.3.5 Key Personnel5.3.6 Analyst View5.3.7 Market Share6. Research Methodology For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
15-04-2025
- Business
- Zawya
India-Japan synergy: Driving innovation and sustainability in chemical industry
India-Japan partnership has been strengthening across various industries, and the chemical sector is no exception. With both countries sharing common interests in sustainability, innovation, and economic growth, collaboration in the chemical sector presents numerous opportunities. As global leaders in the chemical industry, India and Japan leverage each other's strengths to enhance production capabilities, improve research and development (R&D), and create a more sustainable and technologically advanced chemical sector. India's chemical industry is one of the largest in the world, contributing significantly to the country's GDP. It encompasses various segments, including petrochemicals, specialty chemicals, agrochemicals, and pharmaceuticals. With abundant raw materials, skilled labour, and a growing domestic market, India has positioned itself as a key global player. Japan, on the other hand, is known for its advanced chemical manufacturing capabilities, cutting-edge R&D, and stringent environmental standards. Japanese companies excel in producing high-performance chemicals, specialty chemicals, and electronic materials. The country's chemical sector is driven by technology and innovation, making it an ideal partner for India, which seeks to enhance its manufacturing prowess. Japan's expertise in advanced chemical manufacturing and India's strong talent pool create a promising opportunity for technology transfer and joint R&D initiatives. Indian companies can benefit from Japanese innovations in eco-friendly chemicals, nanotechnology, and high-performance materials, while Japanese firms can utilise India's cost-effective R&D ecosystem to develop new products. Several Japanese chemical giants, such as Sumitomo Chemical, Mitsui Chemicals, and Toray Industries, have already invested in India's chemical sector. Strengthening these investments through joint ventures and collaborations will help both countries achieve economies of scale and enhance competitiveness in global markets. Indian firms can also explore opportunities to invest in Japanese chemical plants, particularly in niche sectors like biodegradable plastics and green chemistry. Both India and Japan are committed to reducing their carbon footprint and promoting sustainability in the chemical sector. Japanese firms have pioneered sustainable chemical production processes, including the development of biodegradable materials, energy-efficient production techniques, and waste recycling solutions. India, with its strong government push toward sustainability, can adopt and scale these innovations to meet its environmental goals. The pharmaceutical sector is one of the most promising areas of collaboration between India and Japan. India is a global leader in generic drug manufacturing, while Japan has a strong pharmaceutical R&D base. By working together, the two nations can enhance drug development, streamline supply chains, and improve healthcare access in both countries. Additionally, specialty chemicals used in electronics, automotive, and coatings industries present another avenue for collaboration. Strengthening supply chain integration between India and Japan can enhance trade and investment opportunities. Japan is a major importer of raw materials and intermediates from India, and improved logistics and trade agreements can further boost this exchange. Additionally, the two countries can work on reducing trade barriers and aligning regulatory frameworks to facilitate smoother business operations. India and Japan have signed several agreements and initiatives to boost industrial collaboration, including the India-Japan Comprehensive Economic Partnership Agreement (CEPA) and the Japan-India Industrial Competitiveness Partnership. These agreements provide incentives for joint ventures, ease trade regulations, and promote technology exchange in key industries, including chemicals. The Indian government's 'Make in India' initiative and Japan's 'Society 5.0' vision also align well, fostering a collaborative environment for the chemical industry. Special economic zones (SEZs), industrial corridors, and research partnerships further strengthen the bilateral relationship. While India and Japan have significant potential for collaboration, some challenges need to be addressed. Differences in regulatory standards, cultural business practices, and market access barriers are some of the major challenges in the partnership. However, continuous dialogue, policy alignment, and industry-led initiatives can help overcome these hurdles. Looking ahead, the India-Japan synergy in the chemical sector is set to grow stronger. By leveraging complementary strengths, focusing on sustainability, and fostering innovation, both nations can emerge as global leaders in chemical manufacturing and trade. The partnership between India and Japan in the chemical sector holds immense potential for driving economic growth, technological advancements, and sustainability. With strategic collaborations in R&D, investment, green chemistry, and pharmaceuticals, the two nations can create a robust and future-ready chemical industry. Strengthening bilateral trade, reducing regulatory hurdles, and fostering innovation will be key to unlocking new opportunities and ensuring long-term success in this dynamic sector. © Muscat Media Group Provided by SyndiGate Media Inc. (
