For this and other reasons, LED usage in vehicles is growing rapidly – the LED lighting market is expected to reach almost $94 billion by 2020¹. ¹McKinsey & Company, Lighting the Way: Perspectives on the global lighting market, 2012 

In the rapidly evolving market for light emitting diode (LED) products, manufacturers need to innovate or risk quickly falling behind. By replacing metal with engineered thermal composites, Kruunutekniikka has been able to drive growth in the emerging solid-state LED lighting market with a solution that is innovative, sought after, cost effective and consistent with the company’s ongoing effort to facilitate sustainable practices.

The larger handle suited their target market of older individuals making it safer and easier to use.  The new formulation allowed them to go after new markets, including commercial kitchens, and improved cost efficiencies to balance the increased part size.

By sticking only with what’s known, processors can stunt their growth or even give up market share to more innovative competitors. How to avoid it: Take a serious look at what special effects are available and consider how they might be used to help OEM customers gain market share.

Marketing + Technical Info Marketing + Technical Info

Companies placing medical devices and packaged pharmaceuticals on the market need their products to comply with healthcare standards, no matter where their products are sold and no matter where they procure their raw materials. Even regulations such as the updated European Union Medical Device Regulation (EU MDR) and In Vitro Diagnostic Regulation (IVDR) that are only valid for products sold in Europe, should preferably be considered from the start to ensure access to the European market.

Companies placing medical devices and packaged pharmaceuticals on the market need their products to comply with healthcare standards, no matter where their products are sold and no matter where they procure their raw materials. Even regulations such as the updated European Union Medical Device Regulation (EU MDR) and In Vitro Diagnostic Regulation (IVDR) that are only valid for products sold in Europe, should preferably be considered from the start to ensure access to the European market.

Through materials science & formulation expertise, design capabilities and deep market knowledge, we partner with our customers to develop solutions and services that achieve the sustainable attributes desired at the performance level needed for the application. In alignment with our customers, we set a 2030 sustainability goal to enable 100% of our materials for the consumer packaging market to be recyclable, reusable, or compostable.

These reinforced grades are targeted at applications in the industrial, electronics and transportation markets like pipes and tubing, electrical battery components, and under-the-hood fuel or chemical contact components.

These reinforced grades are targeted at applications in the industrial, electronics and transportation markets like pipes and tubing, electrical battery components, and under-the-hood fuel or chemical contact components.