The company offers advanced composites for the aerospace industry under its brand Tenax. Toho Tenax, which is a core company of Teijin Limited, operates in the carbon fiber business for the aerospace industry. The company produces and markets carbon fibers, intermediate materials (prepreg, fabrics), thermoplastics, and dry reinforcements extensively for the aerospace industry which enhances its product offering. The company has supply contracts with Airbus for its new A350XWB where it challenges head-to-head with Toray Industries Inc. Source: MarketsandMarkets Analysis