- In March 2022, Evonik introduced the Pure Performance Battery, a next-generation battery pack for electric vehicles, featuring a lightweight design made from sheet molding compounds.
- In 2021, Patz Materials has been working with Lawrence Livermore National Laboratory to create carbon fiber monoliths for use in space satellite applications.
- In August 2020, Japan Composite Co., Ltd. revealed its agreement to acquire the sheet molding compound operations of DIC Kako Inc.
