Superalloy Honeycomb Material

Superalloy Honeycomb Material Market Outlook

The global superalloy honeycomb material market is projected to reach a value of approximately USD 2.6 billion by 2035, growing at a CAGR of around 6.1% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing demand for lightweight and durable materials in critical applications, particularly in the aerospace and automotive sectors, where performance and safety are paramount. Additionally, the ongoing advancements in material science, along with the rising focus on fuel efficiency and sustainability, are driving innovation and adoption of superalloy honeycomb materials. Moreover, the need for high-temperature resistant materials in power generation and industrial applications is further propelling market growth. As manufacturers continue to explore ways to enhance the mechanical properties and thermal resistance of superalloy honeycombs, the market is expected to witness remarkable expansion in the coming years.

Growth Factor of the Market

The superalloy honeycomb material market is experiencing significant growth due to several key factors. Firstly, the aerospace industry is increasingly adopting lightweight materials to improve fuel efficiency and performance in aircraft design, leading to a surge in demand for superalloy honeycombs. The ability of these materials to withstand extreme temperatures and pressures makes them ideal for applications in jet engines and structural components, where safety is a critical concern. Secondly, the automotive industry is witnessing a shift towards lightweight vehicles as manufacturers aim to meet stringent emission regulations and enhance overall efficiency. This transition is creating substantial opportunities for superalloy honeycomb materials, particularly in electric and hybrid vehicles, where weight reduction is crucial. Furthermore, technological advancements in manufacturing processes are enabling the production of superalloy honeycombs with improved mechanical properties, thereby expanding their application range. Lastly, the growing investment in renewable energy sources, such as wind and solar, is driving demand for high-performance materials in power generation systems, further fueling the market's growth.

Key Highlights of the Market

• The global market for superalloy honeycomb materials is expected to grow at a CAGR of 6.1% from 2025 to 2035.
• Aerospace and automotive sectors are the primary end-users driving demand for superalloy honeycomb materials.
• Technological advancements in manufacturing processes are enhancing the properties of superalloy honeycombs.
• Increased focus on fuel efficiency and sustainability is influencing material choices in various industries.
• The Asia Pacific region is poised to witness the highest growth rate due to expanding industrialization and automotive production.

By Product Type

Nickel-Based Superalloy Honeycomb

Nickel-based superalloy honeycombs are prominently utilized in high-temperature applications, particularly in the aerospace sector. These materials exhibit exceptional resistance to oxidation and corrosion, making them suitable for use in jet engines and other critical components subject to extreme conditions. The unique mechanical properties of nickel-based superalloys, combined with their lightweight nature, contribute significantly to fuel efficiency in aerospace applications. Moreover, as the aerospace industry continues to demand materials that can withstand higher operating temperatures, the adoption of nickel-based superalloy honeycombs is expected to rise, making them a vital segment within the superalloy honeycomb market.

Cobalt-Based Superalloy Honeycomb

Cobalt-based superalloy honeycombs are known for their excellent wear resistance and thermal stability, making them particularly valuable in industrial applications. These materials are frequently employed in gas turbines and other equipment operating under harsh conditions, providing durability and reliability. The growing need for efficient energy generation methods, including gas turbine technology, is driving the demand for cobalt-based superalloy honeycombs. Furthermore, advancements in cobalt alloy formulations are enhancing their performance characteristics, allowing for broader applications across various industries, further strengthening their position in the superalloy honeycomb market.

Iron-Based Superalloy Honeycomb

Iron-based superalloy honeycombs are often favored for their cost-effectiveness and good mechanical properties. These materials are primarily used in automotive applications, where they contribute to reducing vehicle weight and improving fuel efficiency. The automotive industry's shift towards lighter structures to meet environmental regulations is bolstering the demand for iron-based superalloy honeycombs. Additionally, as manufacturers look for ways to balance performance and cost, iron-based superalloys are likely to gain more traction in the market, particularly in regions where cost considerations are paramount. Their versatility across different applications makes them an essential segment of the superalloy honeycomb market.

Titanium-Based Superalloy Honeycomb

Titanium-based superalloy honeycombs are highly valued for their strength-to-weight ratio and exceptional corrosion resistance, making them ideal for aerospace and medical applications. These materials are capable of withstanding extreme stress and temperatures while maintaining structural integrity, which is crucial for components used in aircraft and surgical instruments. The increasing demand for lightweight and biocompatible materials in the medical field is driving the growth of titanium-based superalloy honeycombs. As advancements in titanium alloy technologies continue, the application scope of these materials is expected to broaden, resulting in heightened market interest.

Other Superalloy Honeycombs

This category encompasses various specialized superalloy honeycomb materials that may combine different metal alloys or innovative composites designed to meet niche application requirements. The diverse properties of these materials allow them to find use in unique industrial sectors such as defense, space exploration, and specialized manufacturing processes. The development of custom solutions tailored to specific performance criteria is increasing, driven by technological innovations and the desire for high-performance materials. As industries continue to evolve and require tailored solutions, the segment of other superalloy honeycombs is likely to see a growth trajectory as manufacturers respond to specific market demands.

By Application

Aerospace

The aerospace sector is one of the largest consumers of superalloy honeycomb materials, driven by the ongoing need for lightweight, high-strength solutions in aircraft design and manufacture. Superalloy honeycombs are essential in various structural components, including fuselage panels, wing structures, and engine casings, where they contribute to improved fuel efficiency and structural integrity. As airlines and manufacturers push for more efficient and environmentally friendly aircraft, the demand for superalloy honeycombs is projected to rise significantly. Additionally, innovations in materials technology, such as the development of advanced composite structures incorporating superalloy honeycombs, are expected to further enhance their application within the aerospace industry, leading to continuous market growth.

Automotive

In the automotive sector, superalloy honeycombs are increasingly being utilized to create lighter vehicle components that enhance fuel efficiency and reduce emissions. The automotive industry is undergoing a transformation towards sustainability, with manufacturers seeking to comply with strict emission regulations and consumer preferences for eco-friendly vehicles. Lightweight materials, such as superalloy honeycombs, play a crucial role in achieving these goals, as they help reduce overall vehicle weight without compromising safety and performance. Furthermore, the rise in electric and hybrid vehicle production is expected to drive the adoption of superalloy honeycomb materials, as these vehicles require innovative lightweight solutions for battery and drive train components.

Power Generation

The power generation industry is significantly contributing to the demand for superalloy honeycomb materials, especially in gas turbine applications where high-temperature resistance is essential. Superalloy honeycombs provide structural support while also enhancing the efficiency of turbine systems. As the world shifts toward cleaner energy sources and more efficient power generation technologies, the need for durable materials that can operate under extreme conditions is becoming paramount. Moreover, ongoing investments in renewable energy infrastructure are likely to further boost the market for superalloy honeycomb materials in this sector, as they are essential for improving the performance and longevity of energy-generating equipment.

Industrial

In industrial applications, superalloy honeycomb materials are utilized in various contexts, including manufacturing equipment, tooling, and high-performance machinery. The durability and resistance to wear and corrosion make these materials ideal for environments that experience high levels of stress and temperature fluctuations. As industries increasingly seek to optimize their operations and improve product quality, the adoption of superalloy honeycombs is expected to grow. Furthermore, the rise of advanced manufacturing techniques, such as additive manufacturing, is providing new opportunities for the integration of superalloy honeycomb materials into complex industrial applications, thereby enhancing their market presence.

Others

Other applications for superalloy honeycomb materials include niche sectors such as the defense industry, space exploration, and specialized manufacturing processes. These applications often require materials that can withstand extreme conditions while providing high strength and light weight. Superalloy honeycombs are being explored for use in military aircraft, spacecraft, and other specialized equipment where performance is critical. As global defense spending increases and the exploration of outer space continues to gain momentum, the demand for these advanced materials is expected to see substantial growth. The ability to customize superalloy honeycombs for specific application requirements is opening new avenues for market expansion in these specialized sectors.

By Distribution Channel

Direct Sales

Direct sales are a prominent distribution channel within the superalloy honeycomb material market, allowing manufacturers to engage with customers directly and foster strong relationships. This method enables companies to better understand the specific needs of their clients and offer tailored solutions, ensuring customer satisfaction and loyalty. Direct sales also facilitate quicker decision-making processes and streamlined communication, which can enhance the overall efficiency of supply chain operations. Furthermore, as manufacturers seek to expand their market reach and establish a competitive edge, the direct sales channel is expected to grow, providing opportunities for businesses to showcase technological advancements and innovative products directly to end-users.

Distributor Sales

Distributor sales play a crucial role in the superalloy honeycomb material market by enabling manufacturers to reach a wider audience and penetrate various regional markets. Distributors often have established networks and relationships with customers across different sectors, allowing them to efficiently promote and sell superalloy honeycombs. This channel is beneficial for manufacturers looking to reduce logistical complexities and focus on production while leveraging the distributor's expertise in market dynamics. Moreover, as the demand for superalloy honeycomb materials continues to rise, the distributor sales channel is likely to expand, facilitating greater accessibility and availability of these advanced materials in numerous applications.

By Ingredient Type

Nichol

Nickel is a primary ingredient in many superalloy honeycombs, valued for its outstanding high-temperature strength and corrosion resistance. Nickel-based alloys are essential in applications where materials are exposed to extreme environments, such as aerospace and power generation. The increasing demand for nickel in superalloy production is driven by the need for lightweight, high-performance materials that can withstand harsh conditions. As the aerospace and automotive industries continue to evolve, the reliance on nickel as a critical ingredient in superalloy honeycombs will grow, solidifying its importance within this market segment.

Cobalt

Cobalt is another essential ingredient used in the production of superalloy honeycombs, specifically in cobalt-based superalloys known for their thermal stability and wear resistance. These properties make cobalt-based honeycombs ideal for demanding applications, particularly in gas turbines and other high-temperature environments. With the increasing focus on energy efficiency and performance in power generation and aerospace, cobalt's role as a key ingredient is likely to expand. Moreover, as industries continue to demand materials capable of operating under extreme conditions, cobalt-based superalloys will remain a critical component in the superalloy honeycomb material market.

Iron

Iron serves as a foundational element in many superalloy honeycomb formulations, valued for its cost-effectiveness and mechanical properties. Iron-based superalloys are particularly popular in automotive applications, where they contribute to weight reduction and improved fuel efficiency. The demand for iron in superalloy production is enhanced by the automotive industry's shift toward lighter vehicles and compliance with environmental regulations. As manufacturers explore innovative ways to optimize the performance of iron-based superalloys, the ingredient's significance in the superalloy honeycomb market is expected to grow, particularly in regions where cost considerations are a priority.

Titanium

Titanium is a critical ingredient in the development of superalloy honeycombs, known for its excellent strength-to-weight ratio and resistance to corrosion. Titanium-based superalloys are widely utilized in aerospace applications, including aircraft structures and components, where lightweight and durability are essential. The increasing demand for high-performance materials in the aerospace sector is driving the use of titanium in superalloy honeycomb formulations. As new titanium alloys are developed, the application scope and market potential for titanium-based superalloys are expected to expand, further solidifying their role in the superalloy honeycomb material market.

Other Alloys

This category includes various additional alloys utilized in the creation of superalloy honeycombs, which may comprise unique combinations of metals tailored for specific performance characteristics. The development of novel alloy formulations allows manufacturers to meet the growing demands of specialized applications in sectors such as defense, energy, and specialized manufacturing. As industries continue to push the envelope on material performance and customization, the segment of other alloys is likely to see increased interest and investment, driving innovation within the superalloy honeycomb material market.

By Region

In terms of regional analysis, North America holds a significant share of the superalloy honeycomb material market, primarily driven by robust activity in the aerospace and defense sectors. The region's advanced manufacturing capabilities, along with the presence of key players in the aerospace industry, contribute to the substantial demand for high-performance materials. Moreover, the growing focus on fuel efficiency and stringent environmental regulations in North America further bolster the adoption of lightweight superalloy honeycombs. The market in North America is projected to grow at a CAGR of around 5.8%, reflecting continued investments in aerospace technology and innovations in automotive design.

Europe is also witnessing considerable growth in the superalloy honeycomb material market, driven by the region's strong automotive industry and increasing focus on sustainable manufacturing practices. As European manufacturers strive to enhance vehicle efficiency and comply with emissions regulations, the demand for lightweight materials such as superalloy honeycombs is on the rise. The presence of major automotive and aerospace companies in countries like Germany, France, and the United Kingdom further supports market development. In Asia Pacific, economic expansion, coupled with a surge in automotive production, is expected to drive the market's growth, with the region anticipated to register the highest CAGR of 7.2% during the forecast period due to increasing industrialization and demand for advanced materials.

Opportunities

The superalloy honeycomb material market presents numerous opportunities driven by evolving industry needs and technological advancements. One significant opportunity lies in the growing demand for lightweight materials across various sectors. As industries such as aerospace and automotive continue to prioritize fuel efficiency and sustainability, the need for high-performance superalloy honeycombs becomes increasingly vital. Manufacturers that invest in research and development to enhance the properties and applications of superalloy honeycombs are likely to capitalize on this trend, positioning themselves favorably in the market. Additionally, the rise of electric and hybrid vehicles is creating new avenues for superalloy honeycomb materials, as these vehicles require innovative lightweight solutions to maximize performance and efficiency.

Another notable opportunity is the increasing focus on renewable energy sources and the need for high-temperature resistant materials in power generation. The transition towards cleaner energy solutions is propelling investments in technologies such as gas turbines, which require superalloy honeycomb materials for optimal performance. As manufacturers explore advancements in superalloy formulations and production techniques, they can tap into the growing demand from the renewable energy sector. Furthermore, as industries continue to seek customized solutions tailored to specific application requirements, the market for specialized superalloy honeycombs is likely to expand, fostering innovation and driving market growth.

Threats

While the superalloy honeycomb material market presents numerous growth opportunities, it also faces several threats that could impact its trajectory. One major threat is the volatility of raw material prices, particularly for metals such as nickel and cobalt, which are critical components in the production of superalloy honeycombs. Fluctuations in metal prices can significantly affect production costs and profit margins, creating uncertainty for manufacturers. Additionally, geopolitical factors, trade policies, and supply chain disruptions can exacerbate these challenges, potentially hindering market growth. Companies that are heavily reliant on specific raw materials may need to explore diversification strategies to mitigate the risks associated with price volatility and supply chain instability.

Another significant threat to the superalloy honeycomb material market is the competition from alternative materials and technologies. As industries seek to optimize performance and reduce costs, innovative materials such as composites and ceramics may gain traction in applications traditionally dominated by superalloy honeycombs. Companies operating in this space will need to remain vigilant and adaptable to market trends, continuously investing in research and development to enhance their offerings. Failure to keep pace with technological advancements and shifting market preferences could result in lost market share and reduced competitive advantage for manufacturers of superalloy honeycomb materials.

Competitor Outlook

• Honeycomb Solutions
• Hexcel Corporation
• DuPont
• Aluminum Company of America (Alcoa)
• United Technologies Corporation
• Vistagreen
• 3M Company
• Advanced Honeycomb Technologies
• Zhejiang Shuanglin Jiatech Company
• Waco Manufacturing Corporation
• Safran Group
• Magellan Aerospace
• Toray Industries, Inc.
• Hexion Inc.
• Teijin Limited

The competitive landscape of the superalloy honeycomb material market is characterized by a diverse array of players, ranging from specialized manufacturers to large multinational corporations. Companies in this market are increasingly focusing on strategic collaborations, mergers, and acquisitions to enhance their product offerings and expand their market presence. Additionally, investments in research and development are crucial as manufacturers aim to innovate and stay ahead of the competition. The market is also witnessing a trend towards sustainability, with companies striving to develop eco-friendly production methods and materials that align with the growing environmental consciousness of consumers and industries alike.

Key players in the superalloy honeycomb material market, such as Hexcel Corporation and United Technologies Corporation, are leveraging their extensive experience and technological capabilities to develop high-performance materials tailored to specific applications. These companies prioritize innovation and sustainability, actively investing in R&D to push the boundaries of material performance. For instance, Hexcel's focus on lightweight composite materials positions it well to capitalize on the growing demand for fuel-efficient solutions in the aerospace sector. Similarly, United Technologies Corporation is known for its advancements in aerospace technologies, enabling it to provide cutting-edge superalloy honeycomb materials that meet the stringent demands of the aviation industry.

Moreover, emerging companies like Advanced Honeycomb Technologies and Honeycomb Solutions are gaining traction through innovation and specialization. These players often concentrate on niche markets, developing customized solutions that cater to specific industry requirements. Their agility and focus on technological advancements enable them to respond quickly to market demands and capitalize on emerging trends. As the superalloy honeycomb material market continues to evolve, the competitive landscape will likely see further consolidation and the emergence of new players, fostering a dynamic and innovative environment.

• 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 DuPont
    • 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 3M Company
    • 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 Vistagreen
    • 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 Hexion Inc.
    • 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 Safran Group
    • 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 Teijin Limited
    • 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 Magellan Aerospace
    • 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 Honeycomb Solutions
    • 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 Toray Industries, Inc.
    • 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 Waco Manufacturing Corporation
    • 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 Advanced Honeycomb Technologies
    • 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 United Technologies 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 Zhejiang Shuanglin Jiatech Company
    • 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 Aluminum Company of America (Alcoa)
    • 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 Superalloy Honeycomb Material Market, By Application
    • 6.1.1 Aerospace
    • 6.1.2 Automotive
    • 6.1.3 Power Generation
    • 6.1.4 Industrial
    • 6.1.5 Others
  • 6.2 Superalloy Honeycomb Material Market, By Product Type
    • 6.2.1 Nickel-Based Superalloy Honeycomb
    • 6.2.2 Cobalt-Based Superalloy Honeycomb
    • 6.2.3 Iron-Based Superalloy Honeycomb
    • 6.2.4 Titanium-Based Superalloy Honeycomb
    • 6.2.5 Other Superalloy Honeycombs
  • 6.3 Superalloy Honeycomb Material Market, By Ingredient Type
    • 6.3.1 Nickel
    • 6.3.2 Cobalt
    • 6.3.3 Iron
    • 6.3.4 Titanium
    • 6.3.5 Other Alloys
  • 6.4 Superalloy Honeycomb Material Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales

• 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 Superalloy Honeycomb Material 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 Superalloy Honeycomb Material market is categorized based on

By Product Type

• Nickel-Based Superalloy Honeycomb
• Cobalt-Based Superalloy Honeycomb
• Iron-Based Superalloy Honeycomb
• Titanium-Based Superalloy Honeycomb
• Other Superalloy Honeycombs

By Application

• Aerospace
• Automotive
• Power Generation
• Industrial
• Others

By Distribution Channel

• Direct Sales
• Distributor Sales

By Ingredient Type

• Nickel
• Cobalt
• Iron
• Titanium
• Other Alloys

By Region

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

Key Players

• Honeycomb Solutions
• Hexcel Corporation
• DuPont
• Aluminum Company of America (Alcoa)
• United Technologies Corporation
• Vistagreen
• 3M Company
• Advanced Honeycomb Technologies
• Zhejiang Shuanglin Jiatech Company
• Waco Manufacturing Corporation
• Safran Group
• Magellan Aerospace
• Toray Industries, Inc.
• Hexion Inc.
• Teijin Limited