Various industries plan to improve the material performance with minimal cost, which adds to the growth of the advanced polymer matrix composites market. Some of the end-user industries, such as military, which is solely driven by the performance, fuel the market.
Advanced Polymer Composites Market size exceeded USD 9 billion in 2017 and is projected to expand at over 7.5% CAGR from 2018 to 2025 as rapidly growing aerospace and automotive industry will have positive impact on industry growth.
For the aerospace, architecture, automotive, energy, infrastructure, marine, military, and sports markets, composites such as carbon fiber reinforced polymers (CFRP) and glass fiber reinforced polymers (GFRP) provide a low-cost, high-performance alternative to other materials.
The high-temperature composite materials market has been segmented by range, matrix system, application, and region. Its range-based categories include ultra-high temperature and high temperature. Based on matrix system, the market has been divided into the following groups: ceramic matrix composite materials, metal matrix composite materials ...
The top three market segments in 2014 were transportation, construction and pipe and tank. These segments represented 69 percent of total volume. Demand in the U.S. composites market is expected to reach $12 billion by 2020 with a compound annual growth rate (CAGR) of 6.6 percent.
Global glass Fibre reinforced polymer market is the Largest Segment of the composites industry worth several billion. These GFRP composites are majorly used in Transport and Construction sectors. And glass fibre is having about 90% reinforcements used in composite materials globally.
In terms of product type, the market is segmented into: polymer matrix composite, metal matrix composite, and ceramic matrix composite. Furthermore, the report segments the market based on key geographies such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Advanced polymer composites consist of a variety of short and continuous fibers that are bound together by a polymer matrix. The reinforcement agents provide strength and stiffness to the composite material, and the ability to carry the high mechanical load.
The global composites piezoelectric material market is segmented based on product, application, and geography. On the basis of product, the market is divided into ceramics, polymers, composites, and others. By application, it is categorized into automotive, healthcare, IT, consumer goods, aerospace & defense, and others.
Key market players such as Cytec Industries, Toray industries, Mitsubishi Rayon Corporation, Hexcel, and Hyosung have integrated major part of their value chain ranging from production andmaterial supply to CFRP distribution.
Automotive Polymer Composites Market Research Report gives you a detailed Idea about the Major Manufacturers, Applications, Regions, Industry Growth, Opportunity, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications with revenue, consumption, import and export and forecast 2018-2025.
The Indian composites industry needs reorientation to increased Research and Development actuivity (patenting activity) and its product marketing upgraded to OEMs and Industrial users. There are five major industries where composites are mostly consumed in 2015 and these segments represented 71.2% of total volume (Fig.3).
Bioplastic Composites Market for Injection Molding By Polymer (Natural Polymer and Synthetic Polymer), Fiber Type (Wood Fiber Composites and Non-wood Fiber Composites), and End-user Industry (Transportation, Electrical & Electronics, Building & Constructi
The global automotive polymer composites market size was valued at USD 6.40 billion in 2016 and is expected to reach USD 11.62 billion by 2025, expanding at an estimated CAGR of 6.8% over the forecast period.
Robust reinforced material demand such as advanced polymer composites in the construction industry will propel the global construction composite market size over 4.5% CAGR. Asia Pacific accounts for a major chunk of the overall construction industry mainly due to large markets including China, India and Japan.
The research report “Advanced Polymer Matrix Composites Market: Global and Regional Industry Analysis 2018 2023” discover accurate information about the long run prospects of this advanced polymer matrix composites market, which can help industry players to understand the flow of the market throughout the period 2018-2023.
The quantitative and qualitative analysis is provided for the global Carbon Fiber Reinforced Polymer Composite market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the Carbon Fiber Reinforced Polymer Composite industry.
Global Fiber Reinforced Polymer (FRP) Composite market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player’s ...
This latest industry research study scrutinizes the Automotive Polymer Composites market by different segments, companies, regions and countries over the forecast period 2018 to 2026.