- In March 2024, Hexcel Corporation announced the expansion of its carbon fiber and prepreg production capacity at its plant in Utah, USA. This move aims to meet the rising demand for high-performance thermoset composites used in aerospace and defense applications, particularly for lightweight structural components
- In October 2023, SGL Carbon inaugurated a new composite production line in Germany focused on thermoset-based materials for automotive and industrial applications. This investment is part of the company’s broader strategy to increase output of glass and carbon fiber-reinforced thermoset composites, supporting the shift towards lightweight mobility solutions and renewable energy infrastructure
- In February 2024, Toray Industries, Inc. launched a new line of high-heat-resistant epoxy thermoset composites targeting electric vehicle (EV) battery enclosures and underbody protection systems. The new materials offer enhanced fire resistance and mechanical integrity, supporting the growing demand for safer, lightweight EV components.
- In September 2023, Owens Corning expanded its glass fiber reinforcement capacity in India to support increasing regional demand for thermoset composites in infrastructure and wind energy applications. The expansion aims to improve supply chain responsiveness and promote sustainable construction materials in Asia-Pacific markets.
- In May 2023, Huntsman Corporation unveiled its latest Araldite thermoset resin system designed for fast-curing industrial applications, including aerospace interiors, marine structures, and consumer goods. The system improves productivity by reducing curing time while maintaining high mechanical performance and chemical resistance.
