VOLAR

What VOLAR does

Volar Plastic Oy is a Finnish privately held B2B contract manufacturer founded in 1993, headquartered in Lahti, Finland, with a second production facility in Someru, Estonia (Volar Oü) and a commercial warehouse in Nastola, Finland. The company produces molded plastic and composite components and subassemblies for industrial customers across aviation, health technology, interior design, and special vehicle sectors. Named enterprise customers include Valtra (AGCO), Avant Tecno, Uponor Infra, ISKU, Custom Sulky, Taksi Helsinki, Lännen Tractors, Pedro Oy, and Garia, with several relationships spanning decades. The name "Volar" derives from the word for flight, reflecting roots in 1970s Finnish aviation and glider manufacturing.

The company's manufacturing portfolio spans five core processes operated under one roof: vacuum/thermoforming using halogen-heated equipment that consumes nearly 50% less electricity than conventional machines; compression molding of PET blankets and other materials finished via 6-axis robotic waterjet cutting; soft polyurethane casting for seating components (maximum ~75 liter cast volume, typical 0.5-5 kg products); rigid polyurethane casting for equipment housings and machine parts; and composite applications using RTM (resin transfer molding) injection with glass, carbon, and aramid fibers, including cryogenic (4 Kelvin) and fire-retardant formulations for research and defense customers. Supporting capabilities include Creaform MetraSCAN 350 3D scanning (0.04 mm accuracy, ISO 17025 certified), laser cutting and marking, and technical design support.

Volar generates revenue through individually negotiated B2B contract manufacturing agreements, with a sales-led direct enterprise field-sales motion. The company operates with a dedicated Head of Sales and Key Account Sales personnel and responds to inquiries within two business days. It is privately held with no disclosed venture capital or private equity ownership, having expanded organically and through the 2023 acquisition of Purvac Oy. The company holds ISO 9001 and ISO 14001 certifications, recycles over 80% of plastic production side streams, and participates in the VTT-coordinated ECOFUNC EU research consortium (since 2025) developing biobased panels for construction and automotive industries. It received the Kauppalehden Kestomenestyjä-palkinto (Success Maker Award) in 2024.

Name

VOLAR

Legal name

Volar Plastic Oy

Website

https://volar.fi

Company type

Private

Founded year

1993

Operating status

Operating

Short description

Volar Plastic Oy is a Finnish B2B contract manufacturer producing molded plastic and composite components and subassemblies through thermoforming, compression molding, polyurethane casting, and RTM composites for industrial customers across aviation, health technology, interior design, and special vehicle sectors.

Ownership category

akta.pro rank

Headquarters

HQ city

Lahti

HQ country

Finland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Contract Manufacturing of Molded Components: B2B contract manufacturing of plastic molded parts and subassemblies for industrial customers. Services include thermoforming/vacuum forming, compression molding, polyurethane casting (soft and rigid), composite applications, and additional services like 3D scanning and laser cutting. Revenue generated through production contracts with tier-1 industrial customers across multiple sectors.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Volar is a B2B contract manufacturer that produces molded plastic and composite components and subassemblies for industrial customers. The core offering covers thermoforming/vacuum forming, compression molding, soft and rigid polyurethane casting, and RTM-based composite applications, supplemented by 3D scanning, laser cutting, and technical design support, delivered from two plants in Finland and Estonia.

Product overview

VOLAR is a Finnish plastic manufacturing company offering molded solutions and subassemblies for industrial customers. The company operates two production plants (Lahti, Finland and Someru, Estonia) and provides a comprehensive service covering thermoforming/vacuum forming, soft and rigid polyurethane molding, compression molding, and composite applications. Additional services include 3D scanning, laser marking/cutting, and technical design support. The product portfolio is organized around five core manufacturing technologies supplemented by value-adding services, enabling the company to deliver complete subassemblies combining multiple production methods. The company serves specialized industries including aviation, health technology, interior design, and special vehicles.

Differentiator

Problem solved

Functional benefit

Products and services

• Thermoforming / Vacuum Forming Thermoplastic sheet forming using heat and vacuum pressure for small to medium production runs. Manufactured with halogen-heated equipment that consumes approximately 50% less electricity than traditional machines, suited to industrial customers needing cost-efficient, recyclable molded parts.
• Soft Polyurethane Casting (PUR) Soft, durable polyurethane casting solutions for industrial seating and insulation products such as office chair parts, boat seats, golf cart seats, and pipe insulation. Maximum casting volume approximately 75 liters; products can integrate support structures, fasteners, and surface upholstery directly in casting.
• Rigid Polyurethane Casting (PUR) Rigid PUR casting for equipment housings, enclosures, machine covers, and machine parts with versatile shapes, variable wall thicknesses, mechanical strength, and dimensional accuracy. Can incorporate inserts for attachment and is paintable in mold.
• Compression Molding (Thermopressing) PET blanket and other material compression molding using double-sided molds. Finished with 6-axis waterjet cutting robots for accurate and efficient hole and edge processing of compression molded products.
• Composite Applications Demanding composite applications using glass, carbon, and aramid fibers with RTM injection method and vacuum/adhesive techniques, including fire retardant and cryogenic (4 kelvin) applications such as superconducting sensor housings.
• 3D Scanning Service High-precision 3D scanning using Creaform MetraSCAN 350 for dimensional inspection, documentation, reverse engineering, and quality assurance. Accuracy up to 0.04mm, 250,000 measurements per second, certified to ISO 17025 and ISO 10360-12.
• Laser Marking and Cutting Service Precise laser cutting and marking for plastic, plywood, and metal, producing clean flash-free cuts particularly suitable for small precision parts and small batches.
• Technical Design Support Engineering expertise supporting customer product design, including manufacturability analyses and 3D scanning-based modeling, drawing on deep understanding of materials and their suitability for Volar's manufacturing methods.

Quantifiable outcome

• 50% reduction in scope 1 and 2 emissions targeted by 2030
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

One partnership is on record.

• ECOFUNC (EU Research Consortium)coreStrategic or Co-development Partner · 1 January 2025Volar is the only Finnish company participating in the ECOFUNC project - a four-year VTT-coordinated EU research initiative launched in summer 2025. The project aims to develop and demonstrate biobased panels for construction and automotive industries. Volar's role focuses on surface layer processing through compression molding of new biobased materials for applications such as interior cladding, wall/ceiling panels, partition walls, and visible surfaces in vehicle dashboards and door interiors. This strategic investment positions Volar to develop expertise in sustainable biobased materials for future markets.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Plastic Omnium: Large French-listed plastics manufacturer serving automotive OEMs worldwide with body panels, fuel systems, and clean energy products. Much larger and more diversified than Volar, but operates overlapping vacuum-formed and molded plastics technologies for similar industrial customer segments.
• Quadrant Engineering Plastics (Mitsubishi Chemical Advanced Materials): Global manufacturer of engineered plastic stock shapes and custom-machined components for industrial, medical, and aerospace applications. Comparable industrial plastics end-markets and custom manufacturing model, but with much broader product scope and global footprint than Volar.
• Exel Composites: Finland-headquartered composite manufacturer producing pultruded and pull-wound composite profiles for industrial, transportation, and infrastructure applications. Geographic and end-market overlap with Volar and comparable composite processing capabilities, though focused on pultrusion rather than molded composites.
• SGL Carbon: German-listed carbon and composite materials manufacturer serving automotive, aerospace, industrial, and energy applications. Overlaps with Volar's RTM and carbon-fiber composite capabilities, though operates at a substantially larger scale and broader material portfolio.

Direct peers

• Polytec Group: Austrian automotive and industrial plastics manufacturer producing molded components and subassemblies using similar processing technologies (compression molding, PUR systems) for OEMs. Highly comparable multi-technology industrial plastics business model serving automotive, commercial vehicle, and industrial customers from European production.
• Gurit Holding: Swiss composite materials and components manufacturer producing engineered composites for wind energy, aerospace, marine, and industrial applications. Comparable composite materials expertise and similar mix of aviation-grade, fire-retardant, and structural composite capabilities to Volar.
• Röchling Industrial: German-headquartered industrial plastics processor with thermoforming, compression molding, and composite capabilities serving automotive, aviation, medical, and industrial customers across multiple sites in Europe. Closest analog to Volar in terms of multi-technology, multi-sector industrial plastics contract manufacturing under one roof.
• Elkamet Kunststofftechnik: German plastics manufacturer specializing in thermoformed and PUR-based molded components for commercial vehicles, agricultural machinery, and industrial customers. Closely comparable to Volar in vacuum forming, PUR casting, and serving agricultural/special-vehicle OEMs like Valtra and Lännen Tractors.
• Plasan: Israeli-headquartered composite parts manufacturer producing composite body panels and structural components for automotive, defense, and aerospace customers using RTM and other composite processes. Comparable niche in advanced composites for aviation/defense/automotive and similar customer profile to Volar's special-vehicle and aviation segments.

Regional players

• Strata Manufacturing: UAE-based advanced composite aerostructures manufacturer supplying aerospace and defense OEMs from a single regional production base. Comparable advanced composite capabilities and tier-1 aerospace customer focus to Volar, but operates in a different geographic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/volar-plastic

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

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 VOLAR