Toray Industries

Name

Toray Industries

Legal name

Toray Industries, Inc.

Website

https://toray.com

Company type

Public

Founded year

1926

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Toray Industries is a Tokyo-headquartered advanced materials manufacturer producing fibers, resins, films, carbon fiber composites, water treatment membranes, and pharmaceuticals for global B2B customers across apparel, aerospace, automotive, electronics, water, and healthcare industries.

Ownership category

akta.pro rank

Product category

Advanced Materials Manufacturing

NAICS

Artificial and Synthetic Fibers and Filaments Manufacturing (32522), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), Fiber, Yarn, and Thread Mills (313110)

SIC

Broadwoven Fabric Mills, Man Made Fiber & Silk (2221), Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300), Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)

akta.pro primary industry

Industrial & Technical Yarn Manufacturing (High-Tenacity/Aramid/Carbon/Glass) (IMAOAAAG)

Keywords

• Advanced materials manufacturing
• Carbon fiber composites
• Water treatment membranes
• Performance chemicals
• Synthetic fiber textiles

Headquarters

HQ city

Osaka

HQ country

Japan

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Fibers and Textiles: Manufacturing, processing and sales of filament yarns, staple fibers, spun yarns, woven and knitted fabrics of nylon, polyester, acrylic and others; non-woven fabrics; ultra-microfiber non-woven fabric with suede texture; apparel products.
2. Performance Chemicals: Nylon, ABS, PBT, PPS and other resins and molded products; polyolefin foam; polyester, polyethylene, polypropylene and other films and processed film products; raw materials for synthetic fibers and other plastics; fine chemicals; electronic and information materials and graphic materials.
3. Carbon Fiber Composite Materials: Carbon fibers, carbon fiber composite materials and their molded products for aerospace, automotive, and industrial applications.
4. Water Treatment and Healthcare: Water treatment membranes and related equipment; pharmaceuticals; medical devices.
5. Engineering and Trading: Comprehensive engineering; industrial equipment and machinery; materials for housing, building and civil engineering applications; analysis and physical evaluation services.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Toray Industries manufactures and sells advanced materials across five integrated business segments: Fibers & Textiles (functional apparel fibers such as HEATTECH, AIRism, Ultra Light Down, DRY-EX, and Mushon deodorizing fiber), Performance Chemicals (engineering plastics, resins, films, and plastic raw materials), Carbon Fiber Composite Materials (PAN-based carbon fiber for aerospace, automotive, sports, and prosthetic blades), Water Treatment (RO, UF, and MBR membranes plus Torayvino home filters), and Pharmaceuticals & Medical Devices. The company sells primarily B2B to industrial manufacturers, brand owners, and water utilities across global markets via its network of 308 subsidiaries.

Product overview

Toray Industries is a materials manufacturer offering a diversified portfolio of advanced materials and high-value-added products across multiple business segments. The core product architecture consists of: (1) Fibers and Textiles — including HEATTECH thermal innerwear, AIRism moisture-wicking fabrics, Ultra Light Down jackets, and DRY-EX athletic wear developed with UNIQLO; (2) Water Treatment Membranes — reverse osmosis, ultrafiltration, and hollow fiber membranes for desalination and wastewater recycling, plus Torayvino home water filters; (3) Carbon Fiber Composites — structural materials for aerospace, automotive, and sports applications including prosthetic blades; (4) Performance Chemicals — resins (nylon, ABS, PBT, PPS), films, and fine chemicals; and (5) Healthcare — pharmaceuticals and medical devices. The company operates under its 'Innovation by Chemistry' slogan, integrating polymer chemistry, organic synthetic chemistry, biotechnology, and nanotechnology as core R&D competencies.

Differentiator

Problem solved

Functional benefit

Products and services

• HEATTECH
• AIRism
• Ultra Light Down
• DRY-EX
• Mushon Deodorizing Fiber
• Recycled Down
• Performance Chemicals (Resins, Films, Plastic Raw Materials)
• Carbon Fiber Composite Materials
• Prosthetic Blades
• Water Treatment Membranes (RO / UF / MBR)
• High-Efficiency Separation Membrane Module
• Hollow Fiber Membrane
• Torayvino Home Water Filters

Quantifiable outcome

• Supply of Sustainability Innovation products reached 2.4x baseline FY2013 actual (562.4 billion yen in FY2013)
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Abdul Hakim Sani BrowncoreGTM or Marketing Partner · 1 April 2023Global partnership agreement signed April 2023 with Japanese sprint star Abdul Hakim Sani Brown. Partnership focuses on promoting athletics, especially among children, and addressing social issues such as sustainability and diversity. The athlete embodies Toray's 'Pursuit of the Ultimate Limits' philosophy.
• UNIQLO (Fast Retailing Co., Ltd.)flagshipStrategic or Co-development Partner · 1 January 2006Strategic partnership since 2006 for development and marketing of innovative materials and products. Toray supplies all aspects of production from materials to sewing for HEATTECH innerwear, AIRism, Ultra Light Down, and DRY-EX products. Joint marketing initiatives include exhibitions at Somerset House in London and co-development of recycled materials including recycled down and DRY-EX from PET bottles.
• XiborgcoreStrategic or Co-development PartnerCo-development partnership for competitive prosthetic legs. Xiborg develops prostheses based on biomechanics analysis while Toray Carbon Magic designs optimized carbon fiber prosthetic blades using composite materials expertise.
• JAXA (Japan Aerospace Exploration Agency)coreStrategic or Co-development PartnerJoint R&D projects for space development applications including development of Mushon deodorizing fiber for spacecraft environments and other materials for space applications.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Kuraray: Kuraray is a Japanese specialty chemicals and fibers company (PVA, EVAL, Vectran, Manier) that competes with Toray in functional textiles, industrial fibers, and specialty resins — a focused competitor with similar Japanese materials DNA.
• Hexcel: Hexcel is a leading global manufacturer of advanced carbon fiber composites and prepregs serving aerospace, defense, and industrial markets — a direct competitor to Toray's Carbon Fiber Composite Materials segment, particularly in aerospace structures.
• Teijin: Teijin is a Japanese integrated materials company competing directly with Toray in aramid fibers (Twaron, Technora), carbon fiber, composites, films, and healthcare. It is the most direct head-to-head peer in advanced fibers and composites globally.
• SGL Carbon: SGL Carbon is a European-based carbon and graphite specialist competing with Toray in industrial carbon fiber, composites, and graphite materials for automotive, aerospace, and energy storage applications.
• Owens Corning: Owens Corning is a global leader in glass fiber reinforcements and composite materials serving construction, transportation, and industrial markets — a direct competitor in technical/industrial textile reinforcements adjacent to Toray's composites business.

Broad incumbents

• Asahi Kasei: Asahi Kasei is a Japanese diversified materials company with operations in fibers (Roica, Bemberg), performance polymers, membranes (Hipore, Durapore), and healthcare — overlapping with Toray across fibers, membranes, and specialty materials.
• DuPont: DuPont is a major specialty materials incumbent that competes with Toray in water treatment membranes (FilmTec RO), electronic materials, and advanced polymers — explicitly named in Toray's competitive set for separation membranes.
• Solvay: Solvay is a Belgian specialty chemicals and advanced materials producer with overlap in polymers, composites, and specialty fibers — competing with Toray in high-performance materials for aerospace, automotive, and electronics.
• Mitsubishi Chemical Group: Japan's largest diversified chemicals producer with overlapping businesses in performance polymers, films, carbon fiber composites, and specialty materials. A broad incumbent that competes with Toray across multiple segments rather than specializing in any one.
• BASF: BASF is the world's largest chemicals company with overlapping portfolios in performance chemicals, engineering plastics, and specialty fibers. It competes broadly with Toray's performance chemicals and advanced materials segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/c/TORAYchannel
• LinkedInlinkedin.com/company/toray-industries
• Facebookfacebook.com/jobsatoraymalaysia

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries20 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 Toray Industries