openPR Logo
Press release

Composite Process Materials Market is Likely to to reach US$ 774.8 million Over the Next Five Years

05-20-2019 01:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Stratview Research

Stratview Research

Stratview Research has launched a new research report on Composite Process Materials Market report segments the market in five ways to provide a 360-degree holistic view.
The forecast of the market has been segmented by-
• by End-Use Industry Type: (Aerospace & Defense, Wind Energy and Others),
• by Material Type: (Vacuum Bagging Film, Release Liner and Others),
• by Application Type: (Prepreg Manufacturing, Prepreg Layup Process and Others),
• Region
o North America
o Europe
o Asia – Pacific
o Rest of the World

The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Composite Process Materials Market.
Years considered for this report -
• base year 2017
• trend period 2011 - 2016
• forecast period 2017 - 2022

Click here to read the detailed description:
https://www.stratviewresearch.com/226/composite-process-materials-market.html

View detailed TOC here:
https://www.stratviewresearch.com/toc/226/composite-process-materials-market.html

The Global Composite Process Materials Market: Highlights
The global process materials market in the composites industry was valued at US$ 774.8 million in 2016 and is projected to grow at a healthy CAGR of 7.2% during the forecast period to reach US$ 1,182.6 million in 2022. Higher usage of composite materials in the next generation aircraft, such as B787, A350XWB and C Series, with an increased penetration of prepreg materials; increasing penetration of composite materials in the automotive industries, mainly in luxury and electric vehicles with an increased demand for infusion and prepreg layup processes; and sustainable growth in the wind energy are rapidly proliferating the demand for process materials in the composites industry.
The global composite process materials market is firstly segmented based on end-use industry type as aerospace & defense, wind energy, transportation, marine, and others. Aerospace & defense is expected to remain the largest consumer of process materials in the composites industry during the forecast period. High use of prepreg to manufacture structural composite components is the prime growth driver of the process materials in the aerospace & defense industry. The automotive industry is projected to witness the highest growth during the same period, driven by increasing penetration of composites in automobiles to enhance fuel efficiency for achieving stringent government regulations such as CAFÉ standards.
The global composite process materials market is secondly segmented based on application type as prepreg manufacturing, VARTM (Vacuum Assisted Resin Transfer Molding) process, prepreg layup process, and others. Over the next five years, prepreg manufacturing is expected to remain the most dominant application of process materials in the global composite industry. The penetration of prepreg is increasing in many industries, such as aerospace & defense, wind energy, and transportation. For instance, the next generation aircraft, such as B787, incorporates about 50% composites in the total structural weight in which majority of composite components are made by utilizing prepreg materials. Also, there is expected a healthy growth from VARTM process based applications.
The global composite process materials market is thirdly segmented based on material type as vacuum bagging film, release liner, peel ply, breathers & bleeders, and others. Release liners find usage from prepreg manufacturing to composite part manufacturing through prepreg layup and infusion processes and are expected to remain the largest material type in the composite process materials market. This material type is also projected to witness the highes growth during the same period. Paper is the most preferred backing material type for release liners in the composites industry because of its excellent mechanical resistance and good caliper profile. The most widely used papers for composites are super-calendered kraft paper (also known as glassines) and clay coated kraft paper. Also, there is a significant usage of polyolefin-based release liners in prepreg manufacturing due to its excellent compatibility with epoxy resins.

Click here for sample request:
https://www.stratviewresearch.com/Request-Sample/226/composite-process-materials-market.html

Among all the regions, North America is expected to remain the largest market for composite process materials during the forecast period. The region is the world’s manufacturing capital of composites with the presence of many big to small composites part molders. The region is also the hub of prepreg manufacturing with the presence of almost all the major prepreg manufacturers. Asia-Pacific is likely to remain the fastest growing market during the same period. High growth of composites, upcoming indigenous commercial and regional aircraft and shift of prepreg plants to Asia are some of the key whys and wherefores behind the higher growth in the Asia-Pacific's market. China and India are expected to remain the growth engines of the Asia-Pacific market.
The supply chain of this market comprises raw material suppliers, film suppliers, process material manufacturers, distributors, prepreg manufacturers, part molders, OEMs, and end-users. The key composite process material manufacturers are Airtech Advanced Materials Group, Cytec Solvay Group, Mondi Plc, Loparex LLC, Wausau Paper, Lintec Corporation, and Gascogne Laminates. New product development, regional expansion, and long-term relation with customers are some of the key strategies adopted by the major players to gain a competitive edge in the market.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors.

Research Methodology
This report studies the market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
• Extensive secondary research,
• Rigorous primary interviews with more than 10 industry stakeholders across the value chain.
• Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
• More than 1000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

Stratview Research has several high value market reports in the chemicals and materials industry. Please refer to the following link to browse through our reports:
Click Here for Other Reports from Stratview Research in the Chemicals & Materials Industry: https://www.stratviewresearch.com/market-reports/Advanced-Materials.html

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research. We are a trusted brand in the research industry with capability of commissioning complex projects within a short span of time with high level of accuracy.

Stratview Research
400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
sales@stratviewresearch.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 Composite Process Materials Market is Likely to to reach US$ 774.8 million Over the Next Five Years here

News-ID: 1745549 • Views: 165

More Releases from Stratview Research

The Aerospace Galley Equipment Market to reach an estimated value of US$ 2.9 bil …
Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Aerospace Galley Equipment Market, answers all the important questions. Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Aerospace Galley Equipment Market. The analysts have scrupulously studied the trend and
The Aerospace Galley Trolley Market to reach an estimated value of US$ 335.0 mil …
Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Aerospace Galley Trolley Market, answers all the important questions. Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Aerospace Galley Trolley Market. The analysts have scrupulously studied the trend and
Aerospace Radar Market estimated to grow at a CAGR of 3.7% in the forecast perio …
The report on the Aerospace Radar Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2017-2022. The report also offer insights into different market segments and other factors affecting the market. Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after
Aircraft Thrust Reverser Market to reach an estimated value of US$ 4,761.7 milli …
The report on the Aircraft Thrust Reverser Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2019-2024. The report also offer insights into different market segments and other factors affecting the market. Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated

All 5 Releases


More Releases for Material

Order Building Material Online
BYOIndia , is an Online Shopping App to purchase building construction materials , serving in Faridabad. Generally ,BYO – Build Your Own is an App based Building Material Online marketplace , where our users can get or purchase building material from their near by suppliers with home delivery. Features BYOINDIA.com Gives you various features which gives you amazing shopping experience. Hundreds of vendors of Building Material suppliers in Faridabad are
Global Dielectric Material Market
The Dielectric Material display is made up of following components: encapsulation material, substrate material and electrode material. The Global Dielectric Material Market has been growing for the past five-years, motivated by automobile industry, rapid technological innovation and consumer electronics. The Asia Pacific region controls the dielectric material market followed by North America and Europe in terms of value. In the long-term, metal oxide material, organic displays and flexible displays
The material is what counts
Instrumentation valves and manifolds come into contact with many different types of media, each with unique characteristics. A bubble tight seat is always of utmost importance. Leak free service is important for both the operator and environment. AS-Schneider offers users a broad range of Soft Seated Valves and Manifolds with valve seats made of synthetic materials. To ensure safe, leak free operation based on the application, AS-Schneider offers a wide
Enclosure made of special material
In addition to its diverse range of standard plastic enclosures and tuning knobs, OKW Gehäusesysteme also offers production in other special materials. Depending on requirements and intended use, the enclosures can be produced in special colours, in flame-resistant material or in an environment-friendly bio-plastic. Individual colours Enclosures and tuning knobs in your own company colours create a unique impression. Individual components can be accentuated, or the product can be designed in one
Samantha Bittman | Material Data
Material Data Featuring: Samantha Bittman Show Runs May 1 - July 4, 2015 Reception Friday May 1, 5 - 8 PM In Material Data, Samantha Bittman presents a new body of work including a series of paintings on handwoven textiles, custom digitally printed wallpaper, and a handmade tile floor sculpture. In Bittman’s visual world, the structuring and processing of individual parts generate a mutually dependent relationship between image and object, while simultaneously conjuring formal
Material from another planet
Carbon frames for racing bikes with BINDER technology Carbon comes into play when something has to be extremely lightweight and highly stable. In Grenchen, Switzerland, automated manufacturing is used with the help of BINDER technology to produce carbon frames for racing bikes for the first time ever. In 2011, Australian Cadel Evens won the Tour de France on a BMC racing bike thanks to the enthusiastic support of his team members,