The aerospace and defence, wind energy, automotive, civil construction and sporting goods industries have all come to adopt composites for high-performance applications – and the demand continues to grow. A report by Credence Research in 2019 estimated a CAGR of 9.3% for carbon fiber-reinforced plastics during the period 2017-2025. Duncan Thompson, product manager at ANCA, notes the increased sales inquiries in this area, reflecting a growing demand by tool manufacturers to produce cutting tools to service this specialist market.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2019-08-05
CTE source: https://ctemag.com/news/composite-material-cutters-offer-growing-opportunity-toolmakers/
Legacy path: /composite-material-cutters-offer-growing-opportunity-toolmakers