Helping to demystify industrial
digitalisation in UK manufacturing

New composites industry competitiveness and opportunities study released

09 August, 2021
A new study of the UK market for fibre reinforced polymer composites (FRPs), has been produced by BEIS, Innovate UK, High Value Manufacturing (HVM) Catapult and Knowledge Transfer Network (KTN)
A new study of the UK market for fibre reinforced polymer composites (FRPs), has been produced by BEIS, Innovate UK, High Value Manufacturing (HVM) Catapult and Knowledge Transfer Network (KTN)

A new study of the UK market for fibre reinforced polymer composites (FRPs), has been produced by BEIS, Innovate UK, High Value Manufacturing (HVM) Catapult and Knowledge Transfer Network (KTN). The report will be used by BEIS to inform future policymaking, and also by industrial companies and representative sector bodies to inform their wider communities.

Fibre reinforced polymer composites (FRP’s) are now used widely in a variety of engineering applications. They are an extremely broad and versatile class of material, encompassing a wide range of fibre and matrix combinations that provide a multiplicity of component design and manufacturing options. Their high strength and stiffness, coupled with light weight, leads to their use whenever structural efficiency is at a premium. The UK has played a major role in the emergence and global adoption of FRP’s over the last 60 years, with much of the underpinning theoretical and experimental understanding created by UK scientists, and with UK industry being the first to commercialise the production of carbon fibres. Over this period the global market for FRP based products has become significant (approx. £70B/yr) and is growing. In recent years, several detailed studies have concluded that there are considerable opportunities for the UK FRP industrial base to capitalise on both the domestic and global growth potential. The most significant study, a strategic report published by the Composites Leadership Forum (CLF) in 2016, identified eight end use sectors with the most significant growth potential for FRP’s. These were (in order of maximum predicted annual value by 2030):

* Aerospace

* Automotive

* Construction

* Defence

* Renewables

* Oil & Gas

* Marine

* Rail

*

More recently, the Department for Business, Energy & Industrial Strategy (BEIS) has highlighted the need to carry out a refresh of the underpinning data contained within the 2016 CLF report and thereby establish an up to date baseline econometric position for the UK FRP industrial base. The information generated will be used by BEIS to inform future policymaking and it will also be used by industrial companies and representative sector bodies (e.g. Composites UK, Chemistry Council, Composites Leadership Forum etc.) to inform their wider communities.

Working collectively, a team from BEIS, Innovate UK, High Value Manufacturing (HVM) Catapult and Knowledge Transfer Network (KTN) commissioned and executed this refresh activity. The study was undertaken by means of a collaboration between Lucintel LLC and Optimat Ltd, both of whom have considerable experience of conducting independent market studies in the advanced materials and industrial domain. The bulk of the work was carried out during 2020 and it comprised of face to face interviews with more than 100 organisations across the spectrum of the UK FRP industrial base, supplemented by significant secondary research and analysis.

The purpose of the report is to provide evidence to UK Gov’t regarding the major end use sectors, noted earlier – identifying those sectors that will provide the greatest potential for, and lowest barriers to, sustainable growth for the UK FRP industry. This in turn allows future policy and investment decisions to be focused and better targeted toward the most effective areas for growth.

https://twitter.com/HVM_Catapult

https://www.linkedin.com/company/high-value-manufacturing-catapult/

Poll

What is the most significant hurdle you will have to overcome to implement IIoT technology?
Current Results