Press release
Composite Release Liners Market in the Composites Industry is Likely to Reach US$ 704.7 million Over the Next Five Years
Stratview Research has launched a new research report on Composite Release Liners 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 Backing Type: (Super-Calendared Kraft (SCK) Paper and Others),
• by Silicone Technology: (Solvent-based Liners and Others),
• by Application: (Prepreg Manufacturing and Others),
• by End-Use Industry: (Aerospace & Defense 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 Release Liners Market.
Years considered for this report -
• base year 2019
• trend period 2013 – 2018
• forecast period 2019 - 2024
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The Global Composite Release Liners Market: Highlights
Composites are versatile materials with the presence of several types of fibers, resins, core materials, and intermediates, which make the life of release liner providers challenging as the composites industry needs different types of release liners for different applications. Release liners are used at the time of prepreg manufacturing as well as manufacturing of composite parts through the close manufacturing process, such as resin transfer molding (RTM) and vacuum-assisted resin transfer molding (VARTM). So, it is paramount importance for the release liner providers to design and develop release liners meeting applications’ requirements.
The global release liners market in the composites industry is projected to grow at a healthy rate during the forecast period to reach US$ 704.7 million in 2024. Increasing demand for prepreg in the aerospace & defense and automotive industries, recovering sports & leisure market, and sustainable growth in the wind energy market are some of the major growth drivers of the global composite release liners market.
Currently, composite applications account for less than 2% of the total release liners market but is certainly one of the fastest-growing applications in coming eons. To tap the growing market potential, major players are taking sheer interest to strengthen their product portfolio as well as executive strategic alliances.
The global composite release liners market is segmented based on the application type as Prepreg Manufacturing, VARTM (Vacuum Assisted Resin Transfer Molding) Process, Prepreg Layup Process, and Others. Prepreg manufacturing is expected to remain the most dominant application of release liners in the global composites industry over the next five years, driven by an increasing penetration of prepreg in many end-use industries, such as aerospace & defense, wind energy, transportation, and sports & leisure. For instance, the next-generation aircraft, such as B787 and A350XWB, incorporate about 50% composites of total structural weight in which majority of composite components are made utilizing prepreg materials. There is also a healthy growth expected from VARTM process-based applications.
Based on end-use industry type, the composite release liners market is segmented into Aerospace & Defense, Wind Energy, Sports & Leisure, Transportation, and Others. Aerospace & Defense is expected to remain the largest consumer of composite release liners during the forecast period. High use of prepreg to manufacture structural components is the prime driver of the material in the aerospace & defense industry. The transportation industry is expected to witness the highest growth in the same period, driven by an increasing penetration of composites in vehicles to enhance fuel efficiency for achieving stringent government regulations, such as CAFÉ standards.
Based on the backing type, the market is segmented into Super-Calendared Paper, Clay-Coated Paper, Machine-Glazed Kraft Paper, Polyolefin film, and Others. Paper is likely to remain the most preferred backing material type for composite release liners over the next five years because of its excellent mechanical resistance and good caliper profile. The most widely used papers for composites are super-calendared 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.
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Based on the regions, North America is expected to remain the largest market for composite release liners during the forecast period. The region is the world’s manufacturing capital of composites manufacturing with the presence of many large-to small-sized composites part molders. The region is also the hub of prepreg manufacturing with the presence of almost all the major prepreg manufacturers.
Europe is estimated to be the fastest-growing composite release liners market in the same period, primarily driven by an increasing penetration of advanced composites in the Aerospace & Defense and transportation industries. Major auto and aerospace OEMs are unraveling the challenges related to stringent government regulations regarding the fuel efficiency enhancements and the carbon emission reductions by incorporating advanced composites in the structural and semi-structural sections of their upcoming models. This is primarily driving the demand for composite materials in the region and so is release liners.
Asia-Pacific is also likely to offer sizeable growth opportunities over the next five years, propelled by a high growth of composites, upcoming indigenous commercial and regional aircraft, and a gradual shift of prepreg plants to Asia. China and India are expected to remain the growth engines of the Asia-Pacific’s market.
The supply chain of this market comprises raw material suppliers, film suppliers, release liner manufacturers, distributors, prepreg manufacturers, part molders, OEMs, and end-users. The key composite release liner manufacturers are Mondi Plc, Loparex LLC, Wausau Paper, Lintec Corporation, and Gascogne Laminates S.A. New product development, regional expansion, and long-term relation with prepreg manufacturers 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
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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.
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