On this episode, regular guest Andrew Pokelwaldt joins me to discuss the topic of industry consolidation. We explore the impact of mergers & acquisitions on the future of composites.
Over the past year, we have seen monumental shifts and transformations, with particular emphasis on the flurry of mergers and acquisitions that have created a seismic shift in our industry's landscape.
The composites industry has been, for decades, a critical player in driving technological advancements and sustainable solutions across multiple sectors, from aerospace to automotive, construction to wind energy. It has been the unsung hero behind numerous innovations, providing the raw materials that enable us to push the boundaries of what's possible.
But, like any sector in the global market, the composites industry isn't immune to the forces of change. In an era defined by digital disruption, geopolitical tensions, and environmental challenges, businesses have had to adapt and reinvent themselves. The rapid rate of consolidation through mergers and acquisitions is a testament to these forces at play.
But what does this mean for the future of our industry?
Today we’ll try and dissect the nuances of these mergers and acquisitions, and assess their potential impact on our industry's future.
Some sources we'll refer to are below:
https://www.accenture.com/us-en/insightsnew/chemicals/changing-face-ma
https://compositesmanufacturingmagazine.com/2022/02/84417/