Composites Market Segmented by Fiber Type, Resin Type, Manufacturing Process and Application to 2027 | Nippon Electric Glass Co. Ltd., Owens Corning, SGL Group, Solvay, Teijin Limited

Increasing demand for glass fiber reinforced composite pipes in sewage and water management, oil & gas industry will drive the demand for composites market. The rapid increase in the lightweight material for transportation industry will further result in the growth of demand for composites market. Predominantly, issues pertaining to recycling of composites and high manufacturing cost may hamper the growth of the composites market. However, the emergence of the electric vehicle will create some opportunities for the composites market in the automotive industry.

The reports cover key developments in the composites market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from composites market are anticipated to lucrative growth opportunities in the future with the rising demand for composites in the global market. Below mentioned is the list of few companies engaged in the composites market.

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MARKET SCOPE

The "Composites Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the composites market with detailed market segmentation by fiber type, resin type, manufacturing process, application, and region. The composites market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading composites market players and offers key trends and opportunities in the market.

KEY PLAYERS

• E. I. Du Pont Nemours & Co.
• Hexcel Corporation
• Huntsman International LLC.
• Mitsubishi Chemical Holdings Corporation
• Nippon Electric Glass Co. Ltd.
• Owens Corning
• SGL Group
• Solvay
• Teijin Limited

MARKET SEGMENTATION

The composites market is segmented on the basis of fiber type, resin type, manufacturing process, application. On the basis of fiber type, the composites market is segmented into carbon fiber composites, glass fiber composites, other fiber composites. On the basis of resin type, the composites market is segmented into thermoset composites, thermoplastic composites. On the basis of manufacturing process, the composites market is segmented into layup process, filament winding process, injection molding process, pultrusion process, compression molding process, resin transfer molding process, other processes. On the basis of application, the composites market is segmented into transportation, aerospace & defense, electrical & electronics, wind energy, construction & infrastructure, pipes & tanks, marine, other applications.

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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the composites market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The composites market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the composites market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the composites market in these regions.

Reasons to Buy the Report:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Composites market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the Composites market, thereby allowing players across the value chain to develop effective long term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

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