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Advanced Polymer Composites Market Emerging Growth by Top Players-3B-Fibreglass sprl, Arkema S.A., Owens Corning Corporation, Solvay S.A., BASF SE, SGL Carbon Kemrock Industries, Cytec Industries Inc., TPI Composites Inc., Hexcel Corporation, Toray Indust

01-28-2019 11:31 AM CET | Business, Economy, Finances, Banking & Insurance

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Advanced Polymer Composites Market Emerging Growth by Top

The report presenting a comprehensive exploration of the global Advanced Polymer Composites encloses the rate of growth of the market over the projected duration. Providing a concise synopsis, the report determines the valuation and size of the Advanced Polymer Composites in the near future. It also includes the major contributing factors to the growth of the global Advanced Polymer Composites as well as the dominating players in the market coupled with their market share.

Advanced Polymer Composites Market is forecast to exceed USD 9.8 billion; according to a new research report.

Strong product demand across wind energy farms for wind blades manufacturing will positively drive the advanced polymer composites market in the expected timespan. Increasing importance for energy generation, high abrasion resistance, high durability, superior structural rigidity, good material strength and better functional characteristics makes it appropriate to find increasing applications in the wind energy and aerospace industries.

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Growing urbanization and increasing per capita income of the consumers in emerging economies will boost the amount of airline passengers. For instance, in 2017, according to Centre for Asia Pacific Aviation (CAPA) the passenger traffic at Delhi airport grew by 14% compared to the previous year making it the fastest growing airport in the world that is directly augmenting the advanced polymer composites industry. Additionally, reduction in airline fares owing to the higher fuel efficiency through weight reduction will expand the product demand. The advanced composite materials are also finding application in the production of heat exchangers, turbine blades and chemical reaction vessels since it provides better resistance and lighter weight towards chemical corrosion. The aforementioned aspects and properties of the product will heavily propel the advanced polymer composite market in the coming years.

High production cost of the advanced composite materials and the complex production process is fueling product prices, which is creating a barrier in the progress of the advanced composite market during the forecast timeframe. Nevertheless, 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 in order to reduce GHG emissions from the automobiles which would amplify the demand for advanced composites to produce automotive parts that possesses higher strength coupled with minimum weightage.

Fibers accounted for more than 35% of the overall advanced polymer composite market in 2017. Major resins include carbon fiber, glass fiber and aramid fiber that contains higher tensile strength and stiffness. The rapidly growing need for highly rigid composites to build various end-use components such as wind blades, auto parts, electrical conductors, boat structures and aviation components will swell the product market share by 2025. Carbon fibers are most commonly used to reinforce composite materials. The increasing use of carbon fiber composites is displacing aluminum from aerospace applications due to the galvanic corrosion issues. The products high sturdiness and impeccable corrosion resistance properties will surely swell the advanced polymer composites market during the projected timeframe.

Advanced polymer composites market for application in aviation parts is projected to rise with over 7.5% CAGR by 2025. Increased spending power of the consumers in the emerging nations is propelling the aviation industry immensely owing to the growing rate of airline passengers globally, which is directly boosting the advanced polymer composites market in the coming years. Likewise, growing requirement for high performance luxury vehicles for weight reduction, that enhances the vehicles performance as it improves power to weight ratio. Therefore, escalating commercial and personal vehicle demand across the globe will positively influence the overall advanced polymer composites market share by 2025.

In 2017, North America advanced polymer composites market 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. Shifting regional trend towards wind energy generation will positively influence the product demand. Furthermore, 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 3B-Fibreglass sprl, Arkema S.A., Owens Corning Corporation, Solvay S.A., BASF SE, SGL Carbon Kemrock Industries, Cytec Industries Inc., TPI Composites Inc., Hexcel Corporation, Toray Industries Inc., Mitsubishi Rayon Co. Ltd., Koninklijke Ten Cate N.V. and Cristex Ltd.
Advanced polymer composites research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2014 to 2025, for the following segments:

The Key Objectives of The Report Are as Follows:
• Define, Analyze and Forecast Advanced Polymer Composites Market by Product Applications, Key Players and Region.
Forecast the Market Size with Varied Segments Concerning Main Regions
• Give Elaborated Data Regarding the Foremost Factors (Opportunities, Drivers, Restraints, And Industry-Specific Challenges) Influencing the Expansion of Advanced Polymer Composites Market.
• Analyze the Industry with Relation to Individual Growth Trends, Prospects and Contributions to The Whole Advanced Polymer Composites Market.
• Analyze Opportunities Within the Marketplace for Varied Stakeholders by Distinguishing the High-Growth Segments of Advanced Polymer Composites Market.
• Profile the Key Players and Comprehensively Analyses Their Market Position in Terms of Ranking and Core Competencies Together with The Competitive Landscape.
• Analyze Competitive Developments, Like Partnerships and Joint Ventures, New Product Developments, Expansions, And Development in Advanced Polymer Composites Market.
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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 degree synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Application trends

2.1.4. Regional trends

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

Complete report titled at https://www.marketstudyreport.com/reports/advanced-polymer-composites-market-size-by-product-resin-epoxy-phenolic-polyester-fiber-carbon-glass-aramid-by-application-conductors-autoparts-tanks-pipes-aviation-parts-boat-building-wind-blades-industry-analysis-report-regional-outlook-u-s-canada-germany-uk-france-spain-italy-china-india-japan-australia-indonesia-malaysia-brazil-mexico-south-africa-gcc-growth-potential-price-trends-competitive-market-share-forecast-2016-2024

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