TenCate Advanced Composites

What TenCate Advanced Composites does

TenCate Advanced Composites, founded in 1972 and operating since the 2018 Toray Industries acquisition as Toray Advanced Composites, is a global manufacturer of high-performance carbon fiber and composite materials headquartered in Morgan Hill, United States, with its primary holding entity (Toray Advanced Composites Holding B.V.) domiciled in the Netherlands. The company produces a broad portfolio across five product families: thermoplastic composites (UD tapes and prepregs, reinforced thermoplastic laminates, and bulk molding compounds), thermoset composites (UD tapes and prepregs, high-temperature systems, RTM resins, and bulk molding compounds), composite tooling (prepregs and engineering support), ancillaries (film adhesives, surfacing films, syntactics, and lightning strike solutions), and parts and services (compression molded parts and expert technical services). Proprietary material systems include NCAMP-qualified low melt PAEK composites and a newly announced preceramic resin system for high-temperature applications.

The company serves five verticals: aerospace (aerostructures, radomes, aircraft interiors, advanced air mobility), space (spacecraft, satellites, launch vehicles), automotive (Formula 1/motorsport and high-performance automotive), consumer (electronics, footwear, medical, recreational), and industrial (notably oil and gas). Its GTM is enterprise field sales with direct customer engagement, technical support, and quote-based multi-year contracts; there is no reseller or distribution channel disclosed. Pricing is not publicly disclosed. The company maintains a global manufacturing and customer footprint spanning North America, Europe, and Asia Pacific, and its materials have been qualified into flagship programs including NASA's Orion spacecraft for the Artemis lunar program.

TenCate/Toray Advanced Composites is a private subsidiary of Toray Group (Toray Industries) and operates without independent public financials. Revenue, headcount trend, and contract values are not disclosed; reported employee count is 501-1,000. Senior leadership includes Joseph Morris (President), Steven Mead (Chief Commercial Officer), and Nick Tiffin (Director of Sales & Marketing) in the United States, with Dr. Jan Nowacki appointed as Managing Director for Europe in July 2026. The company pursues growth through new material qualification (e.g., expanded NCAMP coverage in May 2026), portfolio extension (preceramic resin system, April 2026), and targeted vertical expansion (advanced air mobility), while benefiting from Toray Group's global aerospace and defense positioning evidenced by presence at SAMPE, JEC World, and the 2026 Farnborough Air Show.

Name

TenCate Advanced Composites

Legal name

Toray Advanced Composites Holding B.V.

Website

https://tencatecomposites.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

501–1,000 employees

Short description

TenCate Advanced Composites, operating as Toray Advanced Composites since its 2018 acquisition by Toray Industries, is a global manufacturer of high-performance carbon fiber composite materials, including thermoplastic and thermoset prepregs, serving aerospace, space, automotive, consumer, and industrial customers.

Ownership category

akta.pro rank

Product category

Advanced Composite Materials

NAICS

Custom Compounding of Purchased Resins (325991), Artificial and Synthetic Fibers and Filaments Manufacturing (325220), Resin and Synthetic Rubber Manufacturing (32521)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Composite Reinforcement Textiles (Carbon/Glass/Aramid Fabrics & Preforms) (IMAOADAH)

akta.pro secondary industries

Composite Structures & Layup Manufacturing (IMABAEAB), Engineering & High-Performance Thermoplastics Resin Manufacturing (PA, POM, PC, PBT, PEEK, PPS) (IMANAAAB)

Keywords

• Carbon fiber prepregs
• Thermoplastic composites
• Thermoset composites
• Composite tooling materials
• Aerospace composite materials

Headquarters

HQ city

Morgan Hill

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Composite Materials Sales: Sale of high-performance composite materials including thermoplastic prepregs, thermoset prepregs, composite tooling products, and ancillary materials to aerospace, space, automotive, consumer, and industrial customers

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Manufactures and sells advanced carbon fiber composite materials — thermoplastic and thermoset unidirectional tapes and prepregs, reinforced thermoplastic laminates, bulk molding compounds, RTM resins, tooling prepregs, film adhesives, surfacing films, syntactics, lightning strike solutions, and compression-molded parts — for aerospace, space, automotive, motorsport, consumer, and industrial customers. The company also provides tooling engineering support and expert services that help customers design, simulate, manufacture, and certify composite structures.

Product overview

Toray Advanced Composites (formerly TenCate Advanced Composites, acquired by Toray in 2018) offers a comprehensive portfolio of high-performance composite materials organized into five interconnected product families: Thermoplastic composites (UD tapes, prepregs, reinforced laminates, and bulk molding compounds), Thermoset composites (UD tapes, prepregs, high-temperature systems, RTM resins, and bulk molding compounds), Composite Tooling (prepregs and engineering support), Ancillaries (film adhesives, surfacing films, syntactics, and lightning strike solutions), and Parts & Services (compression molded parts and expert technical services). The company serves aerospace, space, automotive, consumer, and industrial markets with materials used in aircraft structures, spacecraft, automotive components, and industrial applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Thermoplastic UD Tapes and Prepregs

Quantifiable outcome

• Composite materials qualified for NASA's Orion spacecraft Artemis program demonstrating aerospace-grade performance
• +1 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators4 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• SGL Carbon: European-headquartered specialist in carbon fiber, composite materials, and specialty graphite serving aerospace, automotive, industrial, and wind markets. Directly comparable in carbon-fiber-based composite intermediates.
• Solvay (Composite Materials business, ex-Cytec): Through the legacy Cytec Industries business, Solvay supplies aerospace-grade prepregs, resin systems, and adhesives to the same customer base. Competes head-to-head in thermoset and emerging thermoplastic composite systems for airframes and engines.
• Gurit Holding AG: Specialty composites supplier (prepregs, core materials, wind blade kits) with strong positions in wind energy, marine, and aerospace. Comparable in thermoset prepreg systems and composite tooling offerings.
• Park Aerospace Corp. U.S. specialty materials company focused on composite materials (prepregs, film adhesives, lightning strike protection) primarily for aerospace and defense. Directly competes in ancillary composite products and aerospace film adhesives.
• Teijin Limited: Japanese materials group active in carbon fiber (Tenax), aramid fibers, and composites, including through acquisitions such as Renegade Materials. Competes in aerospace thermoset/thermoplastic prepregs and high-performance resin systems.
• Hexcel Corporation: Pure-play advanced composites manufacturer (carbon fiber, prepregs, honeycomb, adhesives) supplying the same commercial aerospace, space, and defense OEMs as TenCate/Toray Advanced Composites. Closest direct competitor in aerospace-grade carbon fiber prepregs and ancillary materials.
• Mitsubishi Chemical Group (incl. Mitsubishi Rayon / Grafil): Vertically integrated carbon fiber and composite materials supplier with strong positions in PAN-based carbon fiber, prepregs, and intermediates. Competes across aerospace, automotive, and industrial markets with similar technology stack.

Others

• Spirit AeroSystems: Tier-1 aerostructures manufacturer and large customer/ecosystem participant. Not a direct materials competitor but a key downstream buyer of prepregs and ancillary composite products from suppliers like Toray Advanced Composites.

Emerging players

• Axiom Materials (Kordsa): Niche advanced composites manufacturer specializing in high-temperature thermoset and thermoplastic prepreg systems for aerospace and industrial markets. Smaller scale than TenCate but with overlapping aerospace customer targets.

Broad incumbents

• BASF SE (Composite Materials): Global chemical incumbent with a composite materials portfolio (resin systems, additives) serving automotive and industrial composites. Broader and less aerospace-specialized, but a relevant material-system competitor and supplier to many of the same OEMs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/TenCate_Adv_Com

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TenCate Advanced Composites