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Automotive

Materia Automotive MarketFor many years the automotive industry has used composites to incrementally reduce vehicle weight and improve fuel efficiency. Manufacturing complexity and cost, however, have limited this $3.4B market to using advanced materials in non-structural components such as dashboards and bumpers.

While using composites in larger, structural materials has previously been possible only for high-performance research and competition vehicles, Proxima resin’s performance, processing and cost characteristics are poised to bring structural composites within reach of mass-market automobile manufacturers for the first time.