Advanced Polymer Composites Market Trends Forecast 2018-2025| Arkema S.A., BASF SE, Owens Corning Corporation, Cristex Ltd, 3B-Fibreglass sprl, SGL Carbon SE, Solvay S.A., Kemrock Industries, Mitsubishi Rayon Co. Ltd., TPI Composites Inc., Toray Industrie

According to a new research report by Global Market Insights, Inc., Advanced Polymer Composites Market share is forecast to exceed USD 17 billion by 2025.

Sturdy growth in the aerospace industry, including commercial and civil airlines are the prime factors driving the advanced polymer composites market size in the coming years. The product delivers superior mechanical features including high abrasion resistance and strength, which makes it appropriate to find operations in aircraft parts production. Rising urbanization and increasing consumer spending power will propel the number of airline passengers globally. Rapid rise in the aircraft production with reduction in airline fares will accelerate the product demand in the expected timeframe. Advanced polymer composites market size is also influencing the automotive market with light weight and strong vehicle parts.

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Resins segment accounted for more than 55% of the overall advanced polymer composite market volume in 2017. Major resins include epoxy resins, phenolic resins and polyester resins. The high tensile strength and the anti-abrasion properties of the product will augment the advanced polymer composites market in the near future. The increasing need of high performance composites is to make components such as auto parts, wind blades, aviation components, boat structures and electrical conductors. Epoxy resins owing to high adhesive and water resistance properties are widely used in the boat building industry. Furthermore, high electric & flame resistance along with excellent mechanical strength makes them suitable to find widespread applications in electrical materials and metal bonding which will surely amplify the advanced polymer composites market size in the coming years.

Advanced polymer composite market size for application in autoparts is projected to rise at a CAGR over 7.5% by 2025. In order to reduce GHG emissions from automobiles, various regulatory agencies such as Federal Highway Administration, U.S. EPA and EU Commission for Transportation have stipulated guidelines and legislations to reduce gross vehicular weight. This trend has been instrumental in driving plastics and composites demand in automotive components as an alternative to metals & alloys. which will make noteworthy contribution to the overall advanced polymer composites industry share in the near future. Similarly, growing requirement for high performance luxury vehicles for weight reduction, that enhances the vehicle’s performance as it improves power to weight ratio. Therefore, escalating commercial and personal vehicle demand across the globe will positively influence the complete advanced polymer composites market size in the coming years.

In 2017, North America advanced polymer composites market size was over USD 3 billion. Advancements in terms of product development coupled with presence of major multinational companies have provided North America with growth advantage over other regions in the recent years. Drifting regional trend towards wind energy generation will positively influence the product demand. Moreover, strong aerospace industry in the U.S. will complement regional growth in the coming years.

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Advanced polymer composites market share is exceedingly consolidated, with prominent players accounting for over half of the total business size in 2017. The major players include Solvay S.A., Arkema S.A., Owens Corning Corporation, BASF SE, Cristex Ltd, SGL Carbon 3B-Fibreglass sprl, Kemrock Industries, TPI Composites Inc., Mitsubishi Rayon Co. Ltd., Toray Industries Inc., Hexcel Corporation, Koninklijke Ten Cate N.V. and Cytec Industries Inc.

Report Content:
Chapter 1. Methodology And Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Definitions & forecast parameters

1.1.4.1. Definitions

1.1.4.2. Forecast parameters

1.2. Data sources

1.2.1. Paid

1.2.2. Unpaid

1.2.3. Primary

Chapter 2. Executive Summary

2.1. Advanced polymer composites industry 360° synopsis, 2014 – 2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Application trends

2.1.4. Regional trends

Source: https://www.gminsights.com/industry-analysis/advanced-polymer-composites-market

Chapter 3. Advanced polymer composites Industry Insights

3.1. Industry segmentation

3.2. Industry size and forecast, 2014 - 2025

3.3. Industry ecosystem analysis

3.3.1. Profit margin

3.3.2. Value addition

3.3.3. Distribution channel analysis

3.3.4. Vendor matrix

3.3.4.1. List of key manufacturers/suppliers

3.3.4.2. List of key/potential customers

3.4. Raw material trends

3.5. Technology landscape

3.6. Industry impact forces

3.6.1. Growth drivers

3.6.1.1. Increasing product demand from aerospace industry

3.6.1.2. Product applications in wind energy generation

3.6.2. Industry pitfalls & challenges

3.6.2.1. High production cost

3.7. Regulatory landscape

3.7.1. U.S.

3.7.2. Europe

3.7.3. China

3.8. Growth potential analysis

3.9. Competitive landscape

3.9.1. Company market share, 2017

3.9.2. Strategy dashboard

3.9.3. Patent analysis

3.10. Porter's analysis

3.10.1. Supplier power

3.10.2. Buyer power

3.10.3. Threat of new entrants

3.10.4. Threat of substitutes

3.10.5. Industry rivalry

3.11. Regional price trends

3.11.1. Cost structure analysis

3.11.1.1. R&D cost

3.11.1.2. Manufacturing & equipment cost

3.11.1.3. Raw material cost

3.11.1.4. Distribution cost

3.11.1.5. Operating cost

3.11.1.6. Miscellaneous cost

3.11.2. Price by product

3.11.3. Price by applications

3.12. PESTEL analysis

Chapter 4. Advanced Polymer Composites Market, Product By Application

4.1. Global advanced polymer composites market share product by application, 2017 & 2025

4.2. Resin

4.2.1. Market estimates and forecasts by application, 2014 – 2025

4.2.1.1. Conductors

4.2.1.2. Autoparts

4.2.1.3. Tanks & pipes

4.2.1.4. Aviation parts

4.2.1.5. Boat building

4.2.1.6. Wind blades

4.2.1.7. Others

4.2.2. Market estimates and forecasts by region, 2014 – 2025

4.3. Fibers

4.3.1. Market estimates and forecasts by application, 2014 – 2025

4.3.1.1. Conductors

4.3.1.2. Autoparts

4.3.1.3. Tanks & pipes

4.3.1.4. Aviation parts

4.3.1.5. Boat building

4.3.1.6. Wind blades

4.3.1.7. Others

4.3.2. Market estimates and forecasts by region, 2014 – 2025

4.4. Others (fillers, additives, modifiers, etc.)

4.4.1. Market estimates and forecasts by application, 2014 – 2025

4.4.1.1. Conductors

4.4.1.2. Autoparts

4.4.1.3. Tanks & pipes

4.4.1.4. Aviation parts

4.4.1.5. Boat building

4.4.1.6. Wind blades

4.4.1.7. Others

4.4.2. Market estimates and forecasts by region, 2014 – 2025

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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