Sunday, November 28, 2010

Prepregs: Oppourtunites Ahead

Introduction
Prepregs are ready to use material to produce composite parts wherein matrix resin is impregnated into the reinforcing fibre along with the curing agent and additives; impregnated reinforcements mainly make three forms : unidirectional tape (0o orientation), woven fabrics, and roving.Prepregs are classified as thermoset prepregs and thermoplastic prepregs,but thermosets are the most prevalent,with the epoxy, phenolic, Vinyl ester,bismaleimide, and cynate ester resins while high-performance thermoplastics such as polyether ether ketone (PEEK) and polysulfone (PS) are also used to produce prepregs. Further it is classified by aerial weight as grammes per square metre (g/m2) or ounces per square yard (oz/yd2). The materials are also grouped by c u r e temper a t u r e : room temperature, 250°C and 350° C. Prepregs generally comes in a rolled and flat sheet form in a thickness range of 0.127 mm (0.005”) to 0.50 mm (0.02”) from var ious combinat ions of reinforcement fibres and matrices in a partially cured (B-stage) form. This difference is based on type of resins used. Reinforcements in prepreg can be glass, graphite, carbon, and aramid, and are used in filament or woven fabric form in either of these prepregs. 
Prepregs are used in a wide range of applications such as aerospace, defense and military, railway, marine, wind energy, printed circuit boards, sporting good items, medical components and industrial products. The advantages of prepreg materials over metals and conventional materials are higher specific strength, higher specific stiffness, longer shelf life, low requirements of refrigeration for storage, excellent corrosion resistance, lower fabrication cost and faster production  rate . The major disadvantage of prepregs material is initial higher cost and moderate volatile organic compounds (VOCs) emission. The Products made with prepreg materials cure at lower temperatures without the need for autoclave techniques and autoclave, layup, vacuum bag, and pressure bag processing techniques are used to consolidate and cure prepreg materials after placement in a tool or onto a mandrel which leads to higher fiber volume fraction. The choice of processing method is determined by the cost, quality and type of component being manufactured.Vacuum bag processing is suited to components with thin sections and large sandwich structures while autoclave processing is used for the manufacture of superior quality structural components containing high fibre volume and low void contents.
Applications
The prepregs are used in multiple applications but the majority of uses come from aerospace (63%), industrial market (25%), sporting goods & leisure (12%). The phenolic prepreg is used for aerospace, marine and mass transit interior applications while epoxy is predominantly used in printed circuit board industry where flame/ smoke/ toxicity (FST) performance required. Epoxy and polyester prepregs are suitable for radome and antenna applications due to excellent dielectric performance. Carbon, epoxy, phenolic, BMI, PEEK, PS, and cynate ester prepregs are used for the aerospace's primary structures such as empennage, vertical tail, radome, antenna, horizontal stabilizer, fuselage including aft, middle and centre, skins, stringers, stiffeners, spars for the main wings and wing boxes, wing tips, cargo and access doors. Prepregs provide good structural properties, excellent dimensional stability, low coefficient of thermal expansion (CTE), net shape molding, better fatigue performance than most metals, with lower weight and no need for fiberglass galvanic corrosion barrier plies. Cytec and Hexcel are the largest carbon prepreg suppliers to the aerospace industry as carbon prepreg is being used for the parts fabrication of Boeing 787 Dreamliner. In FY 2009, Hexcel is awarded a contract worth about US$4 billion through 2025 to supply primary structure prepreg for the Airbus A350 XWB aircraft. Carbon fiber prepreg is being used in sporting goods & leisure items such as motorcycle wheels, rim, integral spokes and structural components which represent a typical weight saving of 40 to 50 percent over their conventional aluminium counterparts, with no decrease in strength as well as stimulates lighter bike, reduce fatigue, and lower moment of inertia. Prepregs application in wind energy sector is started foothold due to production of longer rotor blades that demand lighter weight. For thick laminate sections in the production of spar caps of wind turbine blades, prepreg is used. The other use of prepreg is in composite tooling for the construction of lightweight tools for fabrication of smaller and midsized components due to theirs heavy aerial weight properties, excellent dimensional stability and upto 1000 cycle tool production. Norplex-Micarta manufactures ballistic prepreg for ballistic applications to achieve five levels of bullet resistance range from ¼ to 1-3/16 inches (6.35-31.2 mm). The use of prepregs is also growing for automotive applications for body parts and interior components.
Market Analysis
Global prepregs industry has been growing at a rate of around 12% annual average growth rate (AAGR) since 2004 while robust demand has fueled prepreggers to increase production capacity. The leading prepregs suppliers are Hexcel, Advanced Composites Group (ACG), Toray, Cytec, Gurit, and TenCate Advanced Composites, among them Hexcel, Toray, and Gurit are building new capacity to meet the increased demand. The key drivers for the growth trend are aerospace, military and defense, wind energy, ocean, automotive, and emerging industrial end use applications. In fact, 50% composite material is used in the production of the Boeing 787 primary structure by weight primarily made of prepreg that tells itself growth story. In the prepreg industry, Hexcel has largest market share just before Cytec whereas Toray is preceded by Gurit. The top 3 suppliers are having 70% market share of the total prepreg market. The wind energy market fuels prepregs growth as in FY 2009 prepreg market grew in double digits for wind energy.Gurit has largest market share in the wind energy prepreg while in the aerospace market, Hexcel retains number one podium. Toray is the number one supplier of prepreg to the sporting goods and industrial market and sells significant amounts of prepregs to various sub sectors such as golf shafts, bicycles, fishing rods, and rollers. ACG has a limited product range mainly suitable for the industrial market. Examples of such niche markets are race cars, tooling prepreg, and automotive. ACG dominates in these three markets and captures maximum market share in these markets.
Conclusions
The prepregs demand will higher peak due to strong demand continuing from aerospace, defense & military and wind energy sector. The critical success factor for prepreg producers will application specific products, and customer focused solutions. Over the next decade prepregs application will secure a good position in alternative energy, high performance automobiles, construction and infrastructure end use applications.

Sunday, November 14, 2010

Newsletter

All my valued readers as you may be aware that this blog is getting tremendous response across the globe as viewing by industrial and institutional honcho. It gives me great pleasure to announce that i am going to start a weekly newsletter on polymers, chemicals, composites and life sciences domain to catering techno-commercial and R&D news.

You can subscribe this newsletter by sending a request at vivepatel@gmail.com. I am eagerly waiting for your response.


Till than happy reading---------------

Wednesday, November 3, 2010

India’s C5 Tackifier Adhesive Market: Opportunity Analysis

C5 is the aliphatic hydrocarbon resins which are mainly used in hot melt adhesives having the character of tackifying with the substrates and can be roughly divided by raw material into mixed variety, aliphatic variety, dicyclopentadiene (DCPD) variety, copolymerized variety and hydrogenation-modified variety. These resins are ideal for tackifying SIS and SEBS block copolymers.

C5 tackifier based hot melt adhesives are amongst the premier emergent adhesives in the industry. The usage of hot melt adhesives continues to grow thanks to their exclusive properties that include adhesion to a broad assortment of surfaces, effortless use, aging features, and strength, among others. Hot melt adhesives are distinctively superior in terms of speed and cost efficiencies, and at par with water-based alternatives in terms of adhesion and VOCs emissions. However, escalating raw material prices represent a daunting challenge for hot melt adhesive market participants.

Hot melt adhesive refers to all adhesives which are essentially solvent less solid materials at ambient temperature and must be applied to the bonding surface at elevated temperatures to permit adequate flow. It is consisting of both non-pressure sensitive adhesives as well as pressure sensitive adhesives.

Primary functions and Selection Parameters
C5’s hot melt adhesives can be supplied in various physical forms to meet specific logistic requirements:
• Solid
• Molten
• Liquid
Primary functions
• Compatible with Adhesive Polymer-- Not a Filler
• Lowers Average Molecular Weight-- Viscosity Adjustment
• Raises the Blended Tg-- Not a Plasticizer, Improves adhesion
Desirable Attributes
• Lower Color
• Increased Stability
• Tuned Polarizability
• Increased Compositional Variation
Tackifier selection depends primarily on softening point, composition, molecular weight and molecular weight distribution. The tackifier can also be used to make other adhesive additives compatible.
Applications
• Pressure-sensitive
• Non-pressure-sensitive
Targeted & Potential Markets
  • Automotive - Such as carpet and sound-dampening insulation, headliner attachment and application of decorative decals.
  • Building & Construction - As sealants, mastics, roofing membranes, plastic composites, concrete modifiers and industrial cleaners.
  • Nonwovens - Hygiene industry almost exclusively for the manufacture of nonwoven products including baby diapers, adult incontinence products, and feminine care personal hygiene products.
  • Packaging - Applications such as case & carton closure, flexible packaging, envelopes, and corrugated converting.
Market Potential in India

India, perhaps, holds the maximum potential for growth in hot melt adhesives market globally given its 4% share of the APAC hot melt adhesives market, compared to its neighbor, China, with over 18.8 % of the APAC market. The Hot melt adhesive industry in India is growing rapidly and is projected to grow at a rate of 18.7% in the next 4 years. In the last 5 years, the growth rate in Indian hot melt adhesives market has been approximately 16.4% annually. 

In Indian hot melt adhesives industry, non-pressure sensitive adhesive represents high growth rate while traction is towards nonwovens and automotive applications. Indian demand for hot melt adhesive is booming, producers may want to also concentrate on business in India. The strongest demand for adhesives in India is for water-borne products. The demand is high but supply is low. India cumulative FDI is approx US $ 100 billion but adhesives related investment is less than 1%, lower than china but with potential to compete.

The C5 petroleum resin production is mainly concentrated in countries with advanced petroleum and chemical industries such as the United States, Japan, Germany, Russia, France, Britain and Holland. The total capacity of C5 petroleum resins in the world is around 1100,000 metric ton per annum and the capacity in the United States and Japan accounts respectively for around 59% and 22% of the total global market. Worldwide the C5’s hot melt adhesive market has annual growth rate 4% but in India it is growing with double digit growth rate (18.7%) in spite of the economic recession which tremendously affected adhesive markets in North America, Japan and Western Europe. Contributing to this increase was the unprecedented growth of the emerging markets in the rest of Asia and India. 

Historically, the adhesive industry was dominated by a few industrialized countries. Now, a significant portion of new demand is being generated by emerging countries such as China. The next major growth country could be India. In India C5’s hot melt adhesives industry is growing somewhat faster (double digit growth rate) than GDP due to developing industry and at same time innovation in adhesive formulations and polymer and resin technologies results in new applications for hot melt adhesives. There is a huge gap between demand and supply of the hot melt adhesives which leads to tightening supply and growing demand push price escalation up the tackifier chain.

Market fragmentation continues as new adhesive demand is generated from a supply and demand standpoint. The demand growth is also supported by the emergence of new market applications that result from changing substrates and evolving assembly processes. On the supply side, despite ongoing industry consolidation and M&A activities at the level of the multinational companies, new small- and medium-sized companies are beginning to serve targeted market niches and/or specialize in a specific state-of-the-art technology.

Driving factors for the growth of Indian C5’s hot melt adhesive market 

• Good GDP growth rate
• Burgeoning manufacturing sector
• Growing urban infrastructure need
• Increasing diapers market penetration
• Sectoral boom in, automotive industry, greater usage in oil and gas segments
• With the slow down of North American and European market, global players are increasingly investing in the Indian industrial market

Challenges 

• High raw material costs
• High energy costs
• Quality compatibility

Competitor (Supplier base to India): They do not have manufacturing base in India 

• Eastman
• ExxonMobil Chemical
• Cray Velley
• H.B. Fuller Company (US)
• Henkel
• Jowat Corporation (US)
• Some Chinese suppliers