openPR Logo
Press release

Advanced Polymer Composites Market Revenue & Growth Analysis 2024 By Top Players BASF, Arkema, Owens Corning, SGL Carbon, Kemrock Industries and Exports Ltd, Solvay, Mitsubishi Rayon America, Inc., Toray Industries, Inc, TPI Composites, Inc., Hexcel Corpo

Advanced Polymer Composites Market

Advanced Polymer Composites Market

Market Study Report Add New 2018-2024 Global Advanced Polymer Composites Market Report to its research database presenting an informative study covering the market with detailed analysis. The Global Advanced Polymer Composites Market research report is a professional and in-depth study on the current state of global Industry.

According to a new research report by Global Market Insights, Inc. Advanced Polymer Composites Market expanding at 7.5% CAGR to surpass USD 17 billion by 2025.

Sample copy of this report @
https://www.gminsights.com/request-sample/detail/1175

The key players operating in the global Advanced Polymer Composites Market are –

1. BASF
2. Arkema
3. Owens Corning
4. SGL Carbon
5. Kemrock Industries and Exports Ltd
6. Solvay
7. Mitsubishi Rayon America, Inc.
8. Toray Industries, Inc
9. TPI Composites, Inc.
10. Hexcel Corporation

Market Analysis: Global Advanced Polymer Composites Market

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.

Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/1175

Resins 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.

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. For instance, in 2006, the overall revenue passenger kilometers (RPK) was more than 4 billion and is poised to exceed 15 billion RPK by 2033.

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. For instance, global vehicle manufacturing in 2013 was roughly around 87 million units and is expected to exceed 130 million units over the forecast period. Socio economic aspects such as improved lifestyles and increasing disposable income has considerably propelled the automotive sales across the globe.
Browse Report Summery @
https://www.gminsights.com/industry-analysis/advanced-polymer-composites-market

High cost of production and high product prices may prove to thrive as an obstacle in the growth of advanced composite market size in the expected time period. However, drifting focus towards renewable power generation sources will positively drive the product demand for manufacturing blades used in wind energy plants. Moreover, the global wind capacity is likely to observe growth over 12% by 2025, particularly due to the decreasing fossil fuel dependency for energy generation.

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.

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.

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.

Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Advanced Polymer Composites Market Revenue & Growth Analysis 2024 By Top Players BASF, Arkema, Owens Corning, SGL Carbon, Kemrock Industries and Exports Ltd, Solvay, Mitsubishi Rayon America, Inc., Toray Industries, Inc, TPI Composites, Inc., Hexcel Corpo here

News-ID: 1400468 • Views:

More Releases from Global Market Insights Inc.

Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Included – Dow Dupont Inc., BASF SE, Clariant AG & More
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application. The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - Walmart, Costco Wholesale Corporation, LGM Pharma
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil. Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Trends to 2024 | MFG Chemicals, Huntsman Corporation, and Stepan Company
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024. Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care. Sulfosuccinates are mainly a mild type
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/233 Top Key Players in The Market are: Graphenea S.A., Applied Graphene Materials plc, ACS

All 5 Releases


More Releases for Advanced

Advanced Oxidation Technologies Market Size, Share 2021, Impressive Industry Gro …
The Advanced Oxidation Technologies Market is poised to take off in upcoming years hence showing a highly positive outlook through 2020-2028, according to a recently released report. Advanced Oxidation Technologies Market report covers industry chain analysis, latest market trends & dynamics along with cost profit analysis of major key players which focuses on expansion rate, prices, competition, size, prices, and value chain analysis of those leaders in the market. The
Medical Ceramics Market Analysis and Industry Forecast | Advanced Ceramics Resea …
Allied Market Research published a new report, titled, “Medical Ceramics Market by Type (Aluminum Oxide, Zirconia, and Carbon, Hydroxyapatite, Glass & Bioglass, Zirconia Alumina, Bioresorbable Ceramics, and Piezo Ceramics), by Application (Surgical Instruments, Diagnostic Equipment, Orthopedic Implants, Electronic Implants, Dental Implants, Disposables, and Packaging) – Global Opportunity Analysis and Industry Forecast, 2014 – 2022.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five
Skincell Advanced Reviews – Does Skincell Advanced Really Work?
People want clear, blemish-free skin! However, most people have skin tags, moles, and warts. Some causes are known, while some blemishes are caused without any reason at all. When a regular skincare regimen fails, people turn to costly surgeries and medications. Cleansing and moisturizing might not work well for all. All skin types are not the same, and toners and skincare creams seldom give long-lasting benefits. Get Skincell Advanced From Its
Global Advanced Oxidation Technologies Market 2019- 2025 || A-Zone Technologies, …
Synopsis of the Advanced Oxidation Technologies Market: Latest Report on Advanced Oxidation Technologies Market deliberates the effect of various Factors influencing the market growth and drivers. Its further sheds light on market overview, key manufacturers, strategic adopted by them, size, latest trends and types, revenue, gross margin with regional analysis and forecast to 2025. Overview of the Advanced Oxidation Technologies Market Report: Advanced Oxidation Technologies Market report includes knowledge about the market overview
Global Advanced Materials Market - 3M Company, DowDuPont Inc, Hexcel Corporation …
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Advanced Materials Market - By Product type (Structural Material, Functional Material, Emerging Material) By End User (Building & Construction, Automotive, Aerospace, Defense, Marine, Electrical & Electronics, Healthcare, Oil & Gas and Energy, Others) & Global Region - Market Size, Trends, Share and Forecast 2018-2023” research report will include all the major trends and technologies that
Global Advanced Materials Market: 3M Company, DowDuPont Inc, Hexcel Corporation, …
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Advanced Materials Market 2017: Market Size, Trends & Opportunity Outlook – Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business is going through. The