Lydall Inc's Business Segments
Lydall Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Revenue Share by Reportable Segment - Q2 FY2021
- Performance Materials34.8%
- Thermal Acoustical Solutions34.7%
- Technical Nonwovens32.7%
Revenue by Reportable Segment - Q2 FY2021
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Performance Materials | $ 77 | 34.8% |
| Thermal Acoustical Solutions | $ 77 | 34.7% |
| Technical Nonwovens | $ 72 | 32.7% |
Revenue Share by Region - Q2 FY2021
- North America68%
- Europe25.1%
- Asia6.8%
Revenue by Geographic Region - Q2 FY2021
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| North America | $ 151 | 68% |
| Europe | $ 56 | 25.1% |
| Asia | $ 15 | 6.8% |
Revenue by Product & Service Category - Q2 FY2021
- Metal Parts32.1%
- Sealing and Advanced Solutions19.4%
- Advanced Materials16.7%
- Industrial Filtration16%
- Filtration15.4%
- Tooling2.5%
Revenue by Product & Service Category - Q2 FY2021
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Metal Parts | $ 71 | 32.1% |
| Sealing and Advanced Solutions | $ 43 | 19.4% |
| Advanced Materials | $ 37 | 16.7% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Lydall Inc
Lydall serves a number of markets. The Company’s products are primarily
sold directly to customers through an internal sales force and distributed via
common carrier. The majority of products are sold to original equipment manufacturers
and tier-one suppliers. The Company differentiates itself through high-quality,
specialty engineered innovative products and exceptional customer service. Lydall
has a number of domestic and foreign competitors for its products, most of whom
are either privately owned or divisions of larger companies.
The Performance Materials segment includes filtration media solutions primarily for air, fluid power, and industrial applications (“Filtration”), thermal insulation solutions for building products, appliances, and energy and industrial markets (“Thermal Insulation”), and air and liquid life science applications (“Life Sciences Filtration”).
Filtration products include LydAir® MG (Micro-Glass) Air Filtration Media, LydAir® MB (Melt Blown) Air Filtration Media, LydAir® SC (Synthetic Composite) Air Filtration Media, and Arioso™ Membrane Composite Media. These products constitute the critical media component of clean-air systems for applications in clean-space, commercial, industrial and residential HVAC, power generation, and industrial processes. The LyPore® Liquid Filtration Media series address a variety of application needs in fluid power including hydraulic filters, air-water and air-oil coalescing, industrial fluid processes and diesel fuel filtration.
Thermal Insulation products are high performance non-woven veils, papers, mats and specialty composites for the building products, appliance, and energy and industrial markets. The Manniglas® Thermal Insulation brand is diverse in its product application ranging from high temperature seals and gaskets in ovens and ranges to specialty veils for HVAC and cavity wall insulation. The appLY® Mat Needled Glass Mats have been developed to expand Lydall’s high temperature technology portfolio for broad application into the appliance market and supplements the Lytherm® Insulation Media product brand, traditionally utilized in the industrial market for kilns and furnaces used in metal processing. Lydall’s Cryotherm® Super-Insulating Media, CRS-Wrap® Super-Insulating Media and Cryo-Lite™ Cryogenic Insulation products are industry standards for state-of-the-art cryogenic insulation designs used by manufacturers of cryogenic equipment for liquid gas storage, piping, and transportation.
Life Sciences Filtration products have been developed to meet the requirements of life science applications including biopharmaceutical pre-filtration and clarification, diagnostic and analytical testing, respiratory protection, life protection, medical air filtration, drinking water filtration and high purity process filtration such as that found in food and beverage and medical applications. Lydall also offers Solupor® Membrane specialty microporous membranes that are utilized in various markets and applications including air and liquid filtration and transdermal drug delivery. Solupor® membranes incorporate a unique combination of mechanical strength, chemical inertness, and high porosity in a unique open structure.
Industrial Filtration Segment
The Industrial Filtration segment includes non-woven felt media and filter
bags used primarily in industrial air and liquid filtration applications. Non-woven
filter media is the most commonly used filter technology to satisfy increasing
emission control regulations in a wide range of industries, including power,
cement, steel, asphalt, incineration, mining, food, and pharmaceutical. The
business also produces non-woven rolled-good media that is used in other commercial
applications and media for automotive applications is supplied to the Companys
Thermal/Acoustical Fibers segment.
Industrial Filtration segment products include air and liquid filtration media
sold under the brand names Fiberlox® high performance filtration felts,
Checkstatic™ conductive filtration felts, Microfelt® high efficiency
filtration felts, Pleatlox® pleatable filtration felts, Ultratech™
PTFE filtration felts, Powertech® and Powerlox® power generation filtration
felts, Microcap® high efficiency liquid filtration felts, Duotech membrane
composite filtration felts, along with traditional scrim supported filtration
felts. Industrial Filtration also offers extensive finishing and coating capabilities
which provide custom engineered properties tailored to meet the most demanding
filtration applications. The business leverages a wide range of fiber types
and extensive technical capabilities to provide products that meet our customers’
needs across a variety of applications providing both high performance and durability.
The Thermal/Acoustical Metals segment offers a full range of innovative engineered
products for the transportation sector to assist primarily in the reduction
of powertrain and road noise as well as thermally shield sensitive components
from high heat. Lydall products are found in the underbody (tunnel, fuel tank,
exhaust, rear muffler and spare tire) and under hood (engine compartment, turbo
charger, and manifolds) of cars, trucks, SUVs, heavy duty trucks and recreational
vehicles.
Thermal/Acoustical Metals segment products are formed on production lines capable
of combining multiple layers of metal and thermal or acoustical media to provide
an engineered thermal and acoustical shielding solution for an array of application
areas in the global automotive and truck markets. The flux® product family
in Thermal/Acoustical Metals includes several patented products that address
applications which include: Direct Exhaust Mount heat shields, which are mounted
to high temperature surfaces like exhaust down-pipes, turbochargers or engine
manifolds using aluminized and stainless steel with high performance heat insulating
materials; Powertrain heat shields that absorb noise; Durable and thermally
robust solutions for sensitive plastic components such as fuel tanks that are
in proximity to high temperature heat sources.
Thermal/Acoustical Fibers Segment
The Thermal/Acoustical Fibers segment offers innovative engineered products
to assist primarily in noise, vibration and harshness (NVH) abatement within
the transportation sector. Lydall products are found in the interior (dash insulators,
cabin flooring), underbody (wheel well, aerodynamic belly pan, fuel tank, exhaust)
and under hood (engine compartment) of cars, trucks, SUVs, heavy duty trucks
and recreational vehicles.
Thermal/Acoustical Fibers segment products offer thermal and acoustical insulating
solutions comprised of organic and inorganic fiber composites for the automotive
and truck markets primarily in North America. Lydall’s dBCore® is
a lightweight acoustical composite that emphasizes absorption principles over
heavy-mass type systems. Lydall’s dBLyte® is a high-performance acoustical
barrier with sound absorption and blocking properties and can be used throughout
a vehicle’s interior to minimize intrusive noise from an engine compartment
and road. Lydall’s ZeroClearance® is an innovative thermal solution
that utilizes an adhesive backing for attachment and is used to protect vehicle
components from excessive heat. Lydall’s specially engineered products
provide a solution that provides weight reduction, superior noise suppression,
and increased durability over conventional designs.
