Advanced Composites: Worldwide MarketTrends, Share, Size, Growth, Opportunity and Forecast (2019-2024) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 3, 2019--The “Advanced Composites Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The global advanced composites market is currently experiencing strong growth. Looking forward, the publisher expects the market to grow at a CAGR of around 9% during 2019-2024.
Advanced composites are high-performance materials that possess superior mechanical resistance along with strength and stiffness. These composites are light in weight and have excellent dimensional stability, and thermal and electrical conductivity.
Advanced composites are widely employed across verticals like aerospace, automobile, construction, sports and military. As these composites are used for manufacturing blades for wind turbines, an increase in the number of wind power stations around the world has also propelled the sales of advanced composites.
Global Market Drivers
In the aerospace industry, reducing the weight of an aircraft is essential for enhancing its performance and fuel efficiency. As advanced composites are highly durable, have low density and are resistant to chemical corrosion, they are rapidly substituting traditionally used metals for manufacturing aeronautical and aircraft components such as rudders, wings, elaborators, floor beams, landing gear and engine nacelles.
These composites are also replacing alloys and metals in the automotive sector. This, coupled with the rising demand for high-performance luxury vehicles, is boosting the growth of the market across the globe.
Further, advanced polymer composites, such as HexPly and HexMC, are now being utilized in the production of sports equipment like snowboards, golf shafts, tennis racquets and surfboard fins. Inflating disposable incomes and a rising number of sports enthusiasts are creating strong demand for good quality sports equipment, thereby providing a thrust to the market growth.
Key Questions Answered
- How has the global advanced composites market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global advanced composites industry?
- What is the breakup of the global advanced composites market based on the resin type?
- What is the breakup of the global advanced composites market based on the type of fiber?
- What is the breakup of the global advanced composites market based on the manufacturing process?
- What is the breakup of the global advanced composites market based on the application?
- What are the various stages in the value chain of the global advanced composites market?
- What are the key driving factors and challenges in the global advanced composites market?
- What is the structure of the global advanced composites market and who are the key players?
- What is the degree of competition in the global advanced composites market?
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Advanced Composites Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Resin Type
5.4 Market Breakup by Type of Fiber
5.5 Market Breakup by Manufacturing Process
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Resin Type
6.1 Advanced Thermosetting Composites
6.2 Advanced Thermoplastic Composites
7 Market Breakup by Type of Fiber
8 Market Breakup by Manufacturing Process
8.1 Hand Layup/Spray Layup
8.2 AFP and ATL
8.3 Filament Winding
8.4 Injection Molding
8.6 Compression Molding
9 Market Breakup by Application
9.1 Aerospace and Aviation
10 Market Breakup by Region
10.1 North America
10.3 Asia Pacific
10.4 Middle East and Africa
10.5 Latin America
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
14.1 Price Indicators
14.2 Price Structure
14.3 Margin Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Arkema S.A.
15.3.2 BASF SE
15.3.3 Hexcel Corporation
15.3.4 Cytec Industries Inc.
15.3.5 Koninklijke Ten Cate N.V.
15.3.6 TPI Composites Inc.
15.3.7 Toray Industries Inc.
15.3.8 Mitsubishi Rayon Co. Ltd.
15.3.9 Teijin Limited.
15.3.11 SGL Carbon SE
15.3.12 3B-Fibreglass sprl
15.3.13 Owens Corning Corporation
15.3.14 Huntsman International LLC
15.3.15 Solvay S.A.
15.3.16 Kemrock Industries and Exports Limited
15.3.17 E. I. Du Pont Nemours & Co.
15.3.18 Cristex Ltd.
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PUB: 05/03/2019 01:29 PM/DISC: 05/03/2019 01:29 PM