10 New Composite Materials Companies: Shaping the Future

Gain data-driven insights on composite materials, an industry consisting of 4.1K+ organizations worldwide. We have selected 10 standout innovators from 800+ new composite materials companies, advancing the industry with piezo composite materials, photovoltaic integration, lightweight materials, process engineering, and more.

This article explores 10 composite materials companies advancing industries with innovative technologies and applications. These companies offer solutions such as carbon bike components and water-resistant biocomposites that protect against environmental elements. Each company contributes to the diversification and growth of the composite materials industry, demonstrating the wide-ranging applications of these technologies in the automotive, energy, and construction sectors, among others. Our latest update of this report was 5 days ago. If you find a mistake or missing information, tell us!

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Key Takeaways

Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the composite materials industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:

  • Latest Composite Materials Trends: Some of the major trends impacting the composite materials industry are carbon fiber-based materials, lightweighting, biomaterials, nanocomposites, and additive manufacturing.
  • Composite Materials Industry Statistics: The global composite materials industry encompasses 4.1K+ organizations and has a 489.3K workforce. It is experiencing a dip of 1.32% in annual growth rate but has seen the emergence of 800+ new composite materials companies in the past five years. The average number of employee in these companies stand at 12.
  • 10 New Composite Materials Companies to Watch:
    1. Eve Reverse – Carbon-Negative Composites
    2. steptics – High-performance Prostheses
    3. CarboMat – Carbon Fiber Production
    4. FORGE+BOND – Carbon Fiber Wheel
    5. Cellexcel – Water-Resistant Biocomposites
    6. Flora Innovations – Piezoelectric Composite Materials
    7. IZPITEK – Photovoltaic (PV)-integrated Lightweight Structures
    8. Pebble – Electric Recreational Vehicles (RVs)
    9. NanoFract – Multi-Material Plating
    10. High Temperature Material Systems – High-Temperature Composites

Discover 10 out of 800+ Top Composite Materials Companies

In this section, we explore 10 new composite material solutions specializing in carbon bike components, water-resistant biocomposites, and piezo composite materials. These firms also develop photovoltaic systems, electric RV technologies, and innovative process engineering and material technologies. They utilize carbon fiber, advanced polymers, and innovative manufacturing to enhance product performance, durability, and sustainability. High-temperature composites further exemplify their commitment to advancing material science. Discover the diverse applications and groundbreaking solutions these companies bring to sectors ranging from automotive to renewable energy.

Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.

1. Eve Reverse

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: Netherlands
  • Signal Strength: Weak
  • What they do: Eve Reverse develops carbon-negative composite products utilizing natural fibers and biobased polymers to combat climate change. The company’s production process minimizes material and energy usage. This approach ensures that the carbon dioxide embedded in its products exceeds the emissions during manufacturing, supporting long-term CO2 storage. This technology benefits industries seeking sustainable, high-performance composites.

2. steptics

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: Germany
  • Signal Strength: Medium Strong
  • What they do: steptics manufactures high-performance prostheses for people with amputations. Its fiber-reinforced prostheses enable true running sensations and maximize individual mobility. The company’s materials enhance mobility through advanced composites that offer high energy return and lightweight properties. With automation, steptics prioritizes customization to provide individually tailored prosthetic products.

3. CarboMat

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: Canada
  • Signal Strength: Medium
  • What they do: CarboMat develops carbon fibers from oil sand asphaltenes. It reduces the high costs and environmental concerns associated with conventional carbon fiber production. CarboMat’s technology employs a modified melt-spinning technique to convert asphaltenes into high-value carbon fibers. These fibers find diverse applications across industries like the automotive, aerospace, sports, leisure, and defense sectors. Manufacturers across domains leverage the company’s materials to support sustainable manufacturing practices and promote environmental stewardship.

4. FORGE+BOND

  • Founding Year: 2022
  • Employee Range: 11-50
  • Location: USA
  • Signal Strength: Medium Strong
  • What they do: FORGE+BOND provides FUSIONFIBER, a fully recyclable composite material that eliminates harmful by-products like carbon dust for the cycling industry. It utilizes long-chain polymers to create high strength and lateral stiffness in carbon fiber bike wheels while ensuring zero waste in production.

5. Cellexcel

  • Founding Year: 2021
  • Employee Range: 2-10
  • Location: UK
  • Signal Strength: Very Strong
  • What they do: Cellexcel offers its Cellexcellent technology to increase the water resistance and durability of biomaterials at a molecular level with improvements over traditional surface treatments. It modifies the cellulose molecule directly to ensure that these materials maintain their integrity, even in environments susceptible to moisture. This enables the use of biomaterials in sectors not typically associated with their use, such as aerospace and construction. The company also reduces the embedded carbon emissions of these industries.

6. Flora Innovations

  • Founding Year: 2023
  • Employee Range: 2-10
  • Location: USA
  • Signal Strength: Medium
  • What they do: Flora Innovations provides advanced piezo composite materials for audio and haptic feedback applications. Its Dragonfly is a full-range piezo actuator that converts any surface into a speaker or haptic device. This allows its integration into various products and enhances user experience with minimal design impact. Further, material research and optimization ensure that the piezo material remains crack-resistant under multiple operating conditions. The piezo composite materials find applications spanning the automotive, aerospace, and consumer electronics industries.

7. IZPITEK

  • Founding Year: 2021
  • Employee Range: 2-10
  • Location: Spain
  • Signal Strength: Medium
  • What they do: IZPITEK manufactures integrable photovoltaic modules and components that utilize encapsulated PV cells based on composite materials. The company ensures adaptability to complex surfaces and structural elements, finding applications across residential, industrial, and urban settings. IZPITEK’s patented technology offers advantages over traditional glass structures and flexible substrates by enabling lighter, self-supporting products with feature-enhanced durability. This also allows for easier installation, transportation, and handling, aiding the integration of photovoltaic solar energy into diverse structures.

8. Pebble

  • Founding Year: 2022
  • Employee Range: 11-50
  • Location: USA
  • Signal Strength: Very Strong
  • What they do: Pebble offers an electric RV that utilizes composite materials in its construction for a light, aerodynamic design. This increases the energy efficiency of the RV. The company’s vehicle features a dual-motor active propulsion assist system for ease of maneuverability, ensuring an easy towing experience. It also integrates solar panels and a large EV battery that offers up to seven days of off-grid capability. Pebble Flow serves various uses from a mobile office to an emergency power source benefitting environmentally conscious travelers.

9. NanoFract

  • Founding Year: 2021
  • Employee Range: 2-10
  • Location: Germany
  • Signal Strength: Very Strong
  • What they do: NanoFract develops high-performance composite materials using its proprietary technology, NanoFract. It caters to sectors demanding high-performance materials, such as aerospace, automotive, and construction. NanoFract’s technology also allows for customization according to specific industry needs, offering versatility in application. This enables manufacturers to increase efficiency and product longevity.

10. High Temperature Material Systems

  • Founding Year: 2021
  • Employee Range: 2-10
  • Location: UK
  • Signal Strength: Very Strong
  • What they do: High Temperature Material Systems makes composite materials that withstand extreme temperatures. The company’s proprietary technology makes materials perform better in severe conditions, and thus target industries such as aerospace, automotive, and energy. These materials also exhibit better thermal stability, strength, and durability over traditional composites, meeting the demands of high-temperature environments. Industries relying on high-performance components, such as jet engines and power generation systems, benefit from the company’s solutions.

Quick Tip to Find New Composite Materials Companies

Utilizing a SaaS platform like the Discovery Platform for identifying new composite materials companies provides significant benefits compared to traditional scouting methods:

  • Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying composite materials innovations.
  • Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the composite materials industry. The platform keeps you informed with near real-time updates on emerging composite materials companies and news, enabling you to make swift and informed decisions.
  • Tailored Exploration: Customize your search to focus on specific niches within the composite materials sector, such as piezo composite materials, photovoltaic integration, or heat-resistant materials. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.

Ready to Explore All New Composite Materials Companies?

We’ve explored the dynamic landscape of the composite materials industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Materials Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. We seek partnerships with industry experts to deliver actionable insights into startups and tech. Interested? Let us know!

 

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