Energy Sector Composites Sales

Energy Sector Composites Sales Market Outlook

The global Energy Sector Composites market is projected to reach approximately USD 40 billion by 2035, growing at a robust compound annual growth rate (CAGR) of around 8% during the forecast period from 2025 to 2035. This growth is primarily driven by the increasing demand for lightweight and high-strength materials in renewable energy applications, particularly in wind and solar power sectors. Additionally, the transition towards sustainable energy practices worldwide has led to a surge in investment for advanced composite materials that enhance performance and efficiency in energy generation. The need for durability and resistance to extreme weather conditions further propels the market, as energy companies seek reliable and long-lasting materials to withstand harsh environments. Furthermore, the integration of composite materials in the infrastructure of energy plants is becoming a standard, thus increasing the market's footprint.

Growth Factor of the Market

Several growth factors are propelling the Energy Sector Composites market forward. Firstly, the global shift towards renewable energy sources has necessitated the use of advanced materials that can optimize energy production while reducing weight. Composites are increasingly favored in applications involving wind turbine blades and solar panels, as they provide excellent strength-to-weight ratios. Secondly, the ongoing advancements in composite manufacturing technologies, such as automation and improved resin systems, have significantly reduced production costs and enhanced material performance, making them more accessible for various applications. Thirdly, stringent regulations and policies aimed at reducing carbon emissions have prompted energy companies to innovate and adopt cleaner technologies, where composite materials play a pivotal role. Moreover, the rising investment in both existing and new energy infrastructure is driving demand for composites that can withstand corrosive environments, especially in oil and gas applications. Finally, the increasing awareness of the benefits of composites in terms of lifecycle performance and sustainability is further supporting the market growth.

Key Highlights of the Market

• The market is projected to reach USD 40 billion by 2035, with a CAGR of around 8%.
• Growing investments in renewable energy sectors, especially wind and solar power.
• Advancements in composite manufacturing technologies are reducing costs and improving performance.
• Increased regulatory pressure for carbon emission reductions is favoring the use of composites.
• Expansion of the oil and gas sector is driving demand for durable composite materials.

By Product Type

Carbon Fiber Composites:

Carbon fiber composites are increasingly being adopted in the energy sector due to their exceptional strength, rigidity, and lightweight properties. These composites are primarily used in wind turbine blades and structural components of solar panels, where minimizing weight while maximizing strength is crucial. The high tensile strength of carbon fibers also allows for longer spans in wind turbine blades, leading to improved energy capture and efficiency. Additionally, carbon fiber composites have excellent fatigue resistance, making them well-suited for applications that involve cyclic loading conditions, such as in offshore wind turbines. The increasing focus on extending the lifespan of renewable energy installations further boosts the demand for carbon fiber composites, driving technological innovations and competitive pricing in the market.

Glass Fiber Composites:

Glass fiber composites represent a significant segment of the energy sector composites market, primarily due to their cost-effectiveness and good mechanical properties. They are widely used in the construction of wind turbine blades, electrical insulators, and protective housings for solar panels. Glass fiber composites provide a balance between performance and affordability, making them attractive for large-scale applications where cost constraints are a primary consideration. Their corrosion resistance and durability in harsh environments further enhance their appeal in oil and gas applications. Moreover, advances in manufacturing processes, such as pultrusion and resin infusion techniques, have improved the mechanical properties of glass fiber composites, enabling their adoption in a wider range of energy applications.

Aramid Fiber Composites:

Aramid fiber composites are recognized for their unique properties, including high tensile strength, low weight, and exceptional impact resistance. These composites find applications in the energy sector, particularly in safety-critical components such as protective gear and structures that require enhanced resilience against environmental stressors. Aramid fibers, such as Kevlar, are increasingly used in applications where thermal stability and chemical resistance are paramount, making them ideal for specific oil and gas operations. The increasing emphasis on safety and the development of high-performance energy systems drive demand for aramid fiber composites, resulting in innovative applications and product development within the sector.

Natural Fiber Composites:

Natural fiber composites are gaining traction in the energy sector as sustainable alternatives to synthetic composites. They are made from renewable resources, such as hemp, jute, and flax, and are increasingly used in applications where environmental considerations are a priority. The lightweight nature and biodegradability of natural fiber composites make them suitable for various energy applications, including insulation materials and non-structural components in renewable energy systems. As companies seek to reduce their ecological footprint and enhance the sustainability of their operations, the adoption of natural fiber composites in the energy sector is expected to grow, further stimulating research and development in this area.

Ceramic Matrix Composites:

Ceramic matrix composites (CMCs) are known for their superior thermal and chemical resistance, making them ideal for high-temperature applications within the energy sector. These materials are increasingly being explored for use in nuclear power systems and advanced energy storage solutions. CMCs display excellent mechanical properties and durability, which are critical for components that experience extreme conditions, such as turbine blades in gas power plants. Ongoing research into the development of lightweight and thermally stable CMCs promises to open new avenues for their application, particularly in next-generation energy systems aimed at improving overall efficiency and performance while ensuring safety standards are maintained.

By Application

Wind Energy:

Wind energy is one of the largest applications for composites in the energy sector, primarily due to the growing demand for wind turbines. The lightweight and high-strength characteristics of composite materials, especially carbon and glass fiber composites, are essential for optimizing the design and performance of turbine blades. By using composites, manufacturers can create longer and more efficient blades that capture more wind energy, thus enhancing overall energy output. Furthermore, the need for durable materials that can withstand harsh environmental conditions further drives the adoption of composites in wind energy applications. With the global push towards renewable energy, the demand for composites in wind energy is expected to continue to rise significantly over the forecast period.

Oil & Gas:

In the oil and gas sector, composites are increasingly utilized for their corrosion resistance and high strength, making them ideal for offshore platforms and drilling equipment. Composites can withstand harsh marine environments, reducing maintenance costs and extending the lifespan of critical infrastructure. Additionally, the lightweight nature of composites enables easier handling and installation, contributing to cost savings in operations. The growing investment in offshore drilling projects and the need for sustainable practices in the oil and gas industry are propelling the demand for composite materials. As operators seek to enhance efficiency and reduce environmental impact, the role of composites in this sector is poised for expansion.

Solar Power:

Composite materials are becoming essential in the solar power industry, particularly in the construction of solar panels and support structures. The lightweight properties of composites facilitate easier installation and improved efficiencies in solar energy harnessing systems. Glass fiber composites, for instance, are often used in the frames of solar panels due to their corrosion resistance and cost-effectiveness. As the global focus shifts towards increasing solar energy capacity, manufacturers are investing in advanced composite solutions that enhance durability and performance. The growth in solar power installations worldwide is a significant driver for the adoption of composites in this application, with expectations for sustained demand in the coming years.

Nuclear Power:

In the nuclear power sector, composite materials are gaining attention for their unique properties, including high resistance to radiation and thermal stability. Ceramic matrix composites, in particular, are being explored for use in nuclear reactors due to their ability to withstand extreme conditions while maintaining structural integrity. The need for advanced materials that can enhance safety and performance in nuclear power systems is driving research and development in this area. As the focus on nuclear energy as a clean energy source continues to grow, the demand for specialized composite materials that meet stringent safety standards is expected to rise significantly.

Hydroelectric Power:

Hydroelectric power applications utilize composites in various components, including turbines and penstocks, owing to their excellent mechanical strength and resistance to corrosion. Composites help reduce the weight of these components, which is crucial for construction and installation in challenging environments. As the demand for renewable energy sources continues to escalate, the hydroelectric power sector is leveraging composite technology to improve operational efficiency and reliability. The integration of advanced composite materials is seen as a means to enhance the performance and lifespan of hydroelectric systems, driving further investment and development in this area.

By Distribution Channel

Direct Sales:

Direct sales represent a significant distribution channel in the Energy Sector Composites market, where manufacturers sell their products directly to end-users. This channel is advantageous for both parties, as it facilitates better communication, reduces markup costs, and enhances customer relationships. In many cases, companies provide tailored solutions to specific customer needs, fostering long-term partnerships. Direct sales also allow manufacturers to control pricing strategies and inventory management more effectively. As companies strive to build closer ties with their clients and enhance customer satisfaction, the direct sales channel is expected to remain a critical part of the distribution strategy in the energy sector composites market.

Distributor Sales:

Distributor sales play a vital role in the distribution of composites within the energy sector, acting as intermediaries between manufacturers and end-users. Distributors often provide logistical support and facilitate a wider reach for manufacturers, allowing them to penetrate diverse markets more effectively. This channel is particularly beneficial for smaller manufacturers who may lack the resources to manage a direct sales force. Distributors also offer added value through customer service, technical expertise, and product knowledge, helping customers select the right composite materials for their specific applications. As the market continues to expand, the distributor sales channel is expected to grow in significance, improving accessibility to various energy sectors.

Online Retail:

The online retail channel has emerged as a significant player in the distribution of energy sector composites, especially in recent years, as e-commerce continues to expand across industries. Online platforms enable manufacturers and distributors to reach a global audience, offering convenience and a wider variety of products to customers. The ease of comparing products and prices online enhances customer decision-making. Furthermore, digital marketing strategies allow companies to promote their composite materials effectively, targeting specific segments in the energy sector. As more businesses and consumers embrace online purchasing options, the online retail channel is set to grow, providing a valuable avenue for sales and customer engagement within the energy sector composites market.

By Ingredient Type

Resin:

Resin serves as a critical ingredient in the formulation of composite materials, providing the necessary binding properties and contributing to the overall performance of the finished product. In the energy sector, various types of resins, such as epoxy, polyester, and vinyl ester, are employed based on the specific requirements of applications. Epoxy resins, for instance, are favored for their superior adhesion and chemical resistance, making them ideal for high-performance applications in wind and solar energy systems. The growing demand for composites in renewable energy applications is expected to drive the consumption of specialized resins, motivating manufacturers to innovate and develop advanced resin formulations that enhance performance and sustainability.

Reinforcement Fiber:

Reinforcement fibers are crucial to the strength and durability of composites, with options including carbon, glass, aramid, and natural fibers. In the energy sector, these reinforcement fibers contribute significantly to the mechanical performance, weight, and thermal stability of composite materials. The choice of reinforcement fiber is paramount, as it directly impacts the composite's ability to withstand environmental stressors. For example, carbon fibers are commonly used in high-performance applications like wind turbine blades, while glass fibers offer a cost-effective solution for various other applications. As the demand for lightweight and robust composites rises, the market for reinforcement fibers will likely expand, encouraging innovation and competition among suppliers.

Core Material:

Core materials play an essential role in sandwich constructions of composite structures, providing stiffness and strength without adding excessive weight. In the energy sector, core materials such as foam, honeycomb, and balsa wood are utilized in the production of lightweight components for wind and solar energy systems. As renewable energy technologies continue to evolve, the demand for advanced core materials that enhance performance characteristics while maintaining sustainability is growing. Manufacturers are increasingly focusing on developing innovative core materials that can withstand the operational conditions of various energy applications, leading to improved efficiency and durability in composite constructions.

Adhesive:

Adhesives are vital in the assembly of composite structures, providing the necessary bonding between different materials to enhance overall performance and durability. In the energy sector, specialized adhesives are formulated to withstand extreme conditions such as high temperatures and chemical exposure. The demand for high-performance adhesives is increasing as manufacturers seek to optimize the functionality of composite materials in applications like wind turbines and solar panels. The ongoing research and development efforts in adhesive formulations are expected to yield innovative solutions that improve the structural integrity and longevity of composite systems, further driving market growth.

Additives:

Additives are utilized in composite formulations to enhance specific properties such as UV resistance, flame retardance, and impact strength. In the energy sector, the incorporation of additives tailored to the unique demands of various applications is becoming increasingly prevalent. For instance, additives that improve the weatherability of composites are crucial for outdoor applications in wind and solar energy. The growing focus on enhancing the performance and lifespan of composite materials drives the demand for specialized additives, leading to continued advancements in formulation technologies. As energy companies strive to improve the reliability and efficiency of their systems, the need for high-quality additives will likely expand, influencing market dynamics.

By Region

The global Energy Sector Composites market exhibits significant regional variations, driven by diverse energy strategies and technological advancements. North America holds a substantial market share due to its early adoption of renewable energy technologies and a robust oil and gas industry. The region is projected to witness a CAGR of around 8% over the forecast period as investments in wind and solar energy projects continue to rise, driving demand for advanced composite materials. Furthermore, the presence of key manufacturers and research institutions enhances innovation and development in composite technologies, contributing to market growth. Overall, North America is expected to maintain its leadership position in the energy sector composites market.

In Europe, the market is characterized by a strong focus on sustainability and the transition to green energy sources. The European Union's stringent regulations regarding carbon emissions and its commitment to renewable energy targets are significant drivers for the adoption of composite materials in the region. Countries like Germany, Denmark, and Spain are leading in the deployment of wind energy systems, significantly impacting the demand for composites. As a result, Europe is anticipated to witness steady growth in the energy sector composites market, with a focus on innovative solutions that enhance the performance and sustainability of energy systems.

Opportunities

The Energy Sector Composites market presents numerous opportunities for growth, particularly in the wake of rising global demand for renewable energy. As countries strive to meet ambitious sustainability targets, the integration of advanced composite materials in energy infrastructure has become increasingly critical. The development of efficient wind turbine systems and solar energy solutions is driving the demand for high-performance composite materials that offer durability and lightweight characteristics. Manufacturers who can innovate and provide tailored solutions that meet the specific needs of renewable energy applications will find ample opportunities to capture market share and establish long-term partnerships with energy companies. Additionally, the increasing investment in research and development of composite technologies offers a promising avenue for new product development, further propelling market growth.

Moreover, the trend towards electrification and decarbonization across various sectors presents a significant opportunity for the Energy Sector Composites market. With the automotive and transportation industries transitioning towards electric vehicles (EVs) and hybrid systems, the demand for lightweight materials is expected to surge. Composites, particularly carbon fiber and glass fiber materials, are being increasingly utilized in vehicle manufacturing to enhance efficiency and reduce weight. This cross-industry collaboration not only opens new markets for composite manufacturers but also drives innovation and advancements in material technology. As the focus on sustainability deepens, the Energy Sector Composites market is well-positioned to benefit from these growing opportunities.

Threats

Despite the promising outlook for the Energy Sector Composites market, several threats could impact its growth trajectory. One of the primary threats is the volatility of raw material prices, particularly for reinforcement fibers and resins, which can significantly affect manufacturing costs. Fluctuations in the cost of petroleum-based products can lead to unpredictable pricing, making it challenging for manufacturers to maintain competitive pricing and profitability. Additionally, the energy sector is highly susceptible to geopolitical tensions and economic uncertainties, which can disrupt supply chains and impact investment decisions in renewable energy projects. Companies will need to navigate these challenges strategically to ensure stable growth in the composite materials market.

Furthermore, competition from alternative materials can pose a threat to the Energy Sector Composites market. As research into new materials progresses, companies may develop substitutes that offer similar performance characteristics at a lower cost. For instance, advancements in metal alloys or bio-based materials could potentially challenge the established dominance of composites in certain applications. Manufacturers must remain vigilant and continuously innovate to differentiate their products and maintain market share. The ability to adapt to market changes and incorporate emerging technologies will play a vital role in mitigating these threats.

Competitor Outlook

• Hexcel Corporation
• Toray Industries, Inc.
• Solvay S.A.
• Teijin Limited
• Cytec Solvay Group
• 3M Company
• DSM Composite Resins
• Gurit Holding AG
• Momentive Performance Materials Inc.
• Eastman Chemical Company
• Huntsman Corporation
• National Oilwell Varco, Inc.
• Arkema S.A.
• Jushi Group Co., Ltd.
• Johns Manville Corporation

The competitive landscape of the Energy Sector Composites market is characterized by the presence of both established players and emerging companies that are focused on innovation and sustainability. Major companies such as Hexcel Corporation and Toray Industries, Inc. are at the forefront of the market, investing heavily in research and development to enhance their composite offerings. These companies are known for their advanced manufacturing processes and extensive product portfolios, which cater to diverse applications within the energy sector, including wind, solar, and oil and gas industries. Their commitment to sustainability is also reflected in their product development strategies, as they aim to create eco-friendly materials that meet the growing demand for renewable energy solutions.

Moreover, companies like Solvay S.A. and Teijin Limited are leveraging their expertise in chemical engineering to innovate composite materials that exhibit superior performance characteristics. They are actively involved in partnerships and collaborations within the energy sector to enhance product reach and develop tailored solutions for specific applications. The increasing focus on lightweight and high-strength materials in renewable energy systems drives these companies to explore new formulation technologies and manufacturing techniques that can further improve the efficiency and sustainability of their products.

Additionally, the entry of new players into the Energy Sector Composites market has intensified competition, leading to a dynamic market environment. Companies such as Gurit Holding AG and DSM Composite Resins are emerging as notable contenders, specializing in advanced composite solutions that offer unique advantages in specific applications. These organizations are focusing on niche markets and customer needs, thereby differentiating themselves from larger competitors. As the market evolves, the emphasis on innovation, sustainability, and customer-centric approaches will be crucial for companies to maintain a competitive edge and capitalize on the growing opportunities within the energy sector composites market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 3M Company
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Arkema S.A.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Solvay S.A.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Teijin Limited
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Gurit Holding AG
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Cytec Solvay Group
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Hexcel Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 DSM Composite Resins
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Huntsman Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Jushi Group Co., Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Toray Industries, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Eastman Chemical Company
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Johns Manville Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 National Oilwell Varco, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Momentive Performance Materials Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Energy Sector Composites Sales Market, By Application
    • 6.1.1 Wind Energy
    • 6.1.2 Oil & Gas
    • 6.1.3 Solar Power
    • 6.1.4 Nuclear Power
    • 6.1.5 Hydroelectric Power
  • 6.2 Energy Sector Composites Sales Market, By Product Type
    • 6.2.1 Carbon Fiber Composites
    • 6.2.2 Glass Fiber Composites
    • 6.2.3 Aramid Fiber Composites
    • 6.2.4 Natural Fiber Composites
    • 6.2.5 Ceramic Matrix Composites
  • 6.3 Energy Sector Composites Sales Market, By Ingredient Type
    • 6.3.1 Resin
    • 6.3.2 Reinforcement Fiber
    • 6.3.3 Core Material
    • 6.3.4 Adhesive
    • 6.3.5 Additives
  • 6.4 Energy Sector Composites Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales
    • 6.4.3 Online Retail

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Energy Sector Composites Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Energy Sector Composites Sales market is categorized based on

By Product Type

• Carbon Fiber Composites
• Glass Fiber Composites
• Aramid Fiber Composites
• Natural Fiber Composites
• Ceramic Matrix Composites

By Application

• Wind Energy
• Oil & Gas
• Solar Power
• Nuclear Power
• Hydroelectric Power

By Distribution Channel

• Direct Sales
• Distributor Sales
• Online Retail

By Ingredient Type

• Resin
• Reinforcement Fiber
• Core Material
• Adhesive
• Additives

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Hexcel Corporation
• Toray Industries, Inc.
• Solvay S.A.
• Teijin Limited
• Cytec Solvay Group
• 3M Company
• DSM Composite Resins
• Gurit Holding AG
• Momentive Performance Materials Inc.
• Eastman Chemical Company
• Huntsman Corporation
• National Oilwell Varco, Inc.
• Arkema S.A.
• Jushi Group Co., Ltd.
• Johns Manville Corporation