Automotive
For 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.