According to the latest report by IMARC Group, titled “Advanced Composites Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on advanced composites industry share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global advanced composites market is expected to exhibit a CAGR of 10.4% during 2022-2027.
Advanced composites or advanced polymer matrix composites are lightweight materials with high strength and modulus to elasticity. These composites are manufactured using fibrous material embedded in different resin matrices. It possesses extraordinary properties, such as high strength fibers with improved stiffness, elasticity, temperature and chemical resistance. These advanced composites are widely utilized in aerospace and defense, automotive, marine, and wind energy sectors.
Get a Free Sample Copy of this Report: https://www.imarcgroup.com/advanced-composites-market/requestsample
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The global market is majorly driven by the increasing demand for the product in manufacturing high-performance supercar and aircraft parts, such as wings, elaborators, floor beams, engine nacelles, ailerons, rudders, and landing gear doors. It is widely used due to its excellent strength and reduced weight, which helps in improving operational efficiency, thus positively influencing the market growth. Besides this, the rising demand for advanced composites in manufacturing turbines is catalyzing the product demand. Moreover, the widespread utilization of carbon and glass advanced composites is further propelling the market.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/advanced-composites-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Arkema S.A.
- BASF SE
- Hexcel Corporation
- Cytec Industries Inc.
- Koninklijke Ten Cate N.V.
- TPI Composites Inc.
- Toray Industries Inc..
- Mitsubishi Rayon Co. Ltd
- Teijin Limited.
- Hexion
- SGL Carbon SE
Advanced Composites Market Segmentation:
Our report has categorized the market based on region, resin type, type of fiber, manufacturing process and application.
Breakup by Resin Type:
- Advanced Thermosetting Composites
- Advanced Thermoplastic Composites
Breakup by Type of Fiber:
- Glass
- Carbon
- Aramid
Breakup by Manufacturing Process:
- Hand Layup/Spray Layup
- AFP and ATL
- Filament Winding
- Injection Molding
- Pultrusion
- Compression Molding
- RTM/VARTM
- Others
Breakup by Application:
- Aerospace and Aviation
- Automotive
- Energy
- Electronics
- Marine
- Others
Regional Insights:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
