The Market of Composite Release Liners to grow beyond US$ 704.7 million by 2024

The new report of Stratview Research analyses the Composite Release Liners Market over the trend period from 2013 to 2018 and forecast period from 2019 to 2024. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
• Strategic segmentation
• Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Detailed Competitive Rivalry landscaping
• Market trend and forecast analysis
• Future Growth Boulevards

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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 Growth Prognosis & its Drivers
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.

Market Segments
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.

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.

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.

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.

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.

Market Players
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.

Comprehensive Market Coverage
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This release was published on openPR.