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Polymer Matrix Composites Market Analysis by Types and Applications, Demand, Growth Rate and 2018-2025 Forecast Report

08-02-2018 11:12 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Orian Research

Polymer Matrix Composites market

Polymer Matrix Composites market

The Global Polymer Matrix Composites Market is expected to grow USD XX Million by 2025 at a CAGR of around XX % during the forecast period, 2018-2025. Polymer matrix composites are mainly include organic polymer matrix that are bonded together by short or continuous fibers. Polymer matrix composites posses excellent properties such as low costs compared to ceramic matrix composites, fracture toughness, higher strength and stiffness, and simple fabrication method.

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The global Polymer Matrix Composites market is anticipated to show significant growth during the forecast period. This growth can be attributed to high technological growth and adaptation of polymer matrix composites in aerospace, medical, defense and automotive industries. Growing use of polymer matrix composites in these industries is mainly due its properties includes high stiffness, greater flexibility, and others. These properties helps to reduce weight by 20 to 30 percent and increase range, payloads, and reduce fuel consumption.

By application, aerospace industry is expected to boost the growth of polymer matrix composites market within the forecast period. This growth is mainly due tp increasing use in manufacturing of fins of civil aircraft, planes in satellites, antennas, rocket motor casing, airframes of helicopters, fighter aircrafts and small aircrafts

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In terms of revene, North America held large chunk of market share in 2017 on account of increasing demand from aerospace applications. Asia pacific is expected to witness rapid growth within the forecast period owing to increasing demand from China, Japan, and India.

Key players operating in the global Polymer Matrix Composites market are Arkema Group, BASF SE, Hexcel Corporation, Cytec Industries Inc., Koninklijke Ten Cate BV, Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, TPI Composites, Inc., Solvay Group of companies, and SGL CARBON SE.

Key Benefits of the Report:
• Global, Regional, Country, Application, and Deployment Market Size and Forecast from 2014-2025
• Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights on emerging regions, deployment & application, and competitive landscape with qualitative and quantitative information and facts

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TABLE OF CONTENT

1 EXECUTIVE SUMMARY

2 METHODOLOGY AND MARKET SCOPE

3 POLYMER MATRIX COMPOSITES MARKET — INDUSTRY OUTLOOK

4 POLYMER MATRIX COMPOSITES MARKET APPLICATION OUTLOOK

6 POLYMER MATRIX COMPOSITES MARKET REGIONAL OUTLOOK

7 COMPETITIVE LANDSCAPE

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