Rising automotive sales propel the Global Advanced Composites market

The market research report on ‘Global Advanced Composites Market – Size, Share and Forecast (2019-2026)’ is the latest offering from DataM Intelligence. This report provides expert analysis into the size, scope, magnitude, key players and future trends in this industry.

Global Advanced Composites Market Dynamics
Increasing adoption of advanced composite materials in the automotive and aerospace sectors and the rising demand for advanced composites in the building and construction industry and wind power generation industry are the major factors boosting the growth of the global advanced composites market.
The growth of the global automotive industry is one of the major factors contributing to the growth of the global advanced composites market. According to the International Organization of motor vehicle manufacturers (OICA), 96.8 million vehicles were sold globally in 2017 compared to 93.9 million and 89.7 million in 2016 and 2015 respectively. Thus, advanced composites are witnessing robust demand owing to their increasing applications and is anticipated to boost the global advanced composites market in the future.
Advanced Composites Market Segmentation Analysis
Based on the application, the market is segmented as automotive industry, building and construction industry, aerospace industry, wind energy industry, others (electronics industry, sporting goods).
The building and construction industry are one of the dominant segments of the global advanced composites market owing to the increasing construction activities across the globe. According to a survey report by the construction intelligence centre, the volume of construction industry output grew by 3.1% in 2018 compared to US$ 10.6 trillion in 2017. Moreover, according to Oxford Economics, the volume of construction output will grow by 85% at a global level in 2030.
Advanced Composites Market Geographical Share
The Global Advanced Composites Market is segmented into North America, Europe, Asia Pacific, South America and Middle East and Africa. The Asia Pacific region is further segmented into the countries such as China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific. The Asia Pacific region is the dominant segment in the Advanced Composites Market owing to the flourishing automotive market in countries such as China, India, and Japan and the flourishing wind generation industries in the Asia Pacific region.
Global Advanced Composites Market Competition
New product launches, expansion of facilities, mergers and acquisitions and strategic partnerships are vital strategies adopted by most of the companies to contribute to the growth of the company and improve their market growth rate.
For instance, in April 2019, CSP VICTALL Partners with JMC to Debut the First Composite Pickup Box in China. As the pioneer of composite automotive component suppliers in China, CSP VICTALL announces that Jiangling Motors Corporation (JMC) will use advanced composites for the pickup boxes of its new Yuhu 3 and Yuhu 5 pickup trucks, the first such use of composites in the Chinese automotive industry.

Further information can be obtained by downloading a sample report from the portal below-
https://www.datamintelligence.com/research-report/advanced-composites-market

The Table of content contained in this report is as under-
1. Advanced Composites Market – Methodology and Scope
1.1. Research methodology
1.2. Research Objective and Scope of the Report
2. Advanced Composites Market – Market Definition and Overview
3. Advanced Composites Market – Executive Summary
3.1. Market Snippet by Type
3.2. Market Snippet by Application
3.3. Market Snippet by Region
4. Advanced Composites Market – Market Dynamics
4.1. Market Impacting Factors
4.1.1. Drivers
4.1.1.1. Growth of the global automotive and aerospace Industries
4.1.1.2. Increasing demand for advanced composites
4.1.2. Restraints
4.1.2.1. Volatility in raw material prices
4.1.2.2. Stringent trade regulations
4.1.3. Opportunities
4.1.4. Impact Analysis
5. Advanced Composites Market – Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Regulatory Analysis
5.3. Patent Analysis
6. Advanced Composites Market – By Type
6.1. Introduction
6.2. Carbon Fiber composites
6.3. Aramid Fiber composites
6.4. S-Glass composites
7. Advanced Composites Market – By Application
7.1. Introduction
7.2. Automotive Industry
7.3. Building and construction industry
7.4. Aerospace industry
7.5.Wind Power Generation Industry
7.6. Others (includes electronics industry, sporting goods)
8. Advanced Composites Market – By Region
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. U.K.
8.3.3. France
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe
8.4. South America
8.4.1. Brazil
8.4.2. Argentina
8.4.3. Rest of South America
8.5. Asia Pacific
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. Australia
8.5.5. Rest of Asia Pacific
8.6. Middle East and Africa
9. Global Advanced Composites Market – Competitive Landscape
9.1. Competitive Scenario
9.2. Competitor Strategy Analysis
9.3. Comparative Product Portfolio Analysis
9.4. Market Positioning/Share Analysis
9.5. Mergers and Acquisitions Analysis
10. Advanced Composites Market – Company Profiles
10.1. Toray Industries
10.1.1. Company overview
10.1.2. Product portfolio and description
10.1.3. Key highlights
10.1.4. Financial overview
10.2. Solvay SA
10.3. Mitsubishi Chemical Holding Corporation
10.4. Hexcel Corporation
10.5. Teijin Ltd
10.6. SGL Carbon SE
10.7. BASF SE
10.8. Tencate Advanced Composites Ltd
10.9. Plasan Carbon Composites Inc
10.10. TPI Composites
11. Advanced Composites Market – Premium Insights
12. Advanced Composites Market – DataM
12.1. Appendix
12.2. List of Tables and Figures
12.3. About Us and Services
12.4. Contact Us

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