CompositesWorld

AUG 2016

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8 CompositesWorld COMPOSITES: PAST, PRESENT & FUTURE AUGUST 2016 ABOUT THE AUTHOR Dr. Sanjay Mazumdar is the CEO of Lucintel (Irving, TX, US), a global market research and management consulting firm. He has been awarded two Society of Plastics Engineers Awards and one DuPont Plunkett Award. He worked for General Motors (Detroit, MI, US) in ultra-lightweight product development and received two Records of Inventions. A regular speaker at conferences and board meetings, helping companies with their growth objectives, Mazumdar has more than 15 years of consulting and market research experience, and has led Lucintel in diverse projects, such as strategic growth consulting, M&A, due diligence, value chain assessments and opportunity analyses. He is the author of the book Composites Manufacturing. sanjay.mazumdar@lucintel.com steel and aluminum parts. The high price of carbon fiber restricts potential leverage in many applications. For example, automotive OEMs demand carbon fiber within the range of US$5-US$7/lb; however, the current price is approximately US$8-US$15/lb for automotive applications. • Transformative technology: There is a great emphasis on reducing part fabrication cost via automation, simu- lation and rapid cycle time. There is a greater need for faster, more mature composites technologies, targeting 1-2 minute cycle times for mass-volume markets. Most current carbon composites part manufacturing processes are slow and take several minutes to make the part. Automation and development of suitable material systems and technologies are required to gain wider acceptance of carbon compos- ites in mass markets. • Recycling: There is a greater need than ever before to address recycling of composite parts if CFRP is to be used in mainstream applications. For example, automakers are reluctant to use composites in a major way until the recy- cling issue can be addressed, out of concerns driven by government regulations, such as the European Union's automobile end-of-life directives. • Repair: Repairing composites is a big challenge. Until repair can be done efficiently, its wider acceptance in mass-vehicle platforms will be stalled. Auto OEMs explain that for steel and aluminum, they have well-developed repair technolo- gies, but these have not been developed for CFRP parts. In conclusion, Lucintel predicts that the next big thing for the composites industry will be the automotive industry. To capture future growth and find profit from these challenges, OEMs, Tier 1 suppliers and material suppliers cannot simply turn to their tradi- tional toolbox. ey need to review the opportunity and adjust their priorities, deploy the appropriate investments and resources, and develop new skills and technologies to execute these strategic objectives. If all major players in the industry work together — OEMs, part fabricators, and material suppliers — the future is bright for CFRP. www.geiss-ttt.com HIGH PERFORMANCE CNC MACHINERY AND TOOLING ADVANCED CUTTING SYSTEMS AVAILABLE 203.988.9426 info@geissllc.com • LASER CUTTING • ULTRASONIC KNIFE • ULTRASONIC ROTATING DISK • INTEGRATED DUST EXTRACTION • CONVENTIONAL MILLING & ROUTING

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