Advanced Polymer Composites Market 2019-2025: Solvay S.A., Arkema S.A., Owens Corning Corporation, BASF SE, Cristex Ltd, SGL Carbon 3B-Fibreglass sprl, Kemrock Industries, TPI Composites Inc.,
High production cost of the advanced composite materials and the complex production process is fueling product prices, which is creating a barrier in the progress of the advanced polymer composites market during the forecast timeframe. Nevertheless, various regulatory agencies such as Federal Highway Administration, U.S. EPA and EU Commission for Transportation have stipulated guidelines and legislations to reduce gross vehicular weight in order to reduce GHG emissions from the automobiles which would amplify the demand for advanced composites to produce automotive parts that possesses higher strength coupled with minimum weightage.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1175
Growth drivers are
1. Increasing product demand from aerospace industry
2. Product applications in wind energy generation
Growing urbanization and increasing per capita income of the consumers in emerging economies will boost the amount of airline passengers. For instance, in 2017, according to Centre for Asia Pacific Aviation (CAPA) the passenger traffic at Delhi airport grew by 14% compared to the previous year making it the fastest growing airport in the world that is directly augmenting the advanced polymer composites industry.
Additionally, reduction in airline fares owing to the higher fuel efficiency through weight reduction will expand the product demand. The advanced composite materials are also finding application in the production of heat exchangers, turbine blades and chemical reaction vessels since it provides better resistance and lighter weight towards chemical corrosion. The aforementioned aspects and properties of the product will heavily propel the advanced polymer composite market in the coming years.
Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/advanced-polymer-composites-market
Advanced polymer composites market for application in aviation parts is projected to rise with over 7.5% CAGR by 2025. Increased spending power of the consumers in the emerging nations is propelling the aviation industry immensely owing to the growing rate of airline passengers globally, which is directly boosting the advanced polymer composites market in the coming years. Likewise, growing requirement for high performance luxury vehicles for weight reduction, that enhances the vehicle's performance as it improves power to weight ratio. Therefore, escalating commercial and personal vehicle demand across the globe will positively influence the overall advanced polymer composites market share by 2025.
Fibers accounted for more than 35% of the overall advanced polymer composite market in 2017. Major resins include carbon fiber, glass fiber and aramid fiber that contains higher tensile strength and stiffness. The rapidly growing need for highly rigid composites to build various end-use components such as wind blades, auto parts, electrical conductors, boat structures and aviation components will swell the product market share by 2025. Carbon fibers are most commonly used to reinforce composite materials. The increasing use of carbon fiber composites is displacing aluminum from aerospace applications due to the galvanic corrosion issues. The products high sturdiness and impeccable corrosion resistance properties will surely swell the advanced polymer composites market during the projected timeframe.
In 2017, North America advanced polymer composites market was over USD 3 billion. Advancements in terms of product development coupled with presence of major multinational companies have provided North America with growth advantage over other regions in the recent years. Shifting regional trend towards wind energy generation will positively influence the product demand. Furthermore, strong aerospace industry in the U.S. will complement regional growth in the coming years.
Partial Chapter of the Table of Content:
Chapter 3. Advanced polymer composites Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
22.214.171.124. List of key manufacturers/suppliers
126.96.36.199. List of key/potential customers
3.4. Raw material trends
3.5. Technology landscape
3.6. Industry impact forces
3.6.1. Growth drivers
188.8.131.52. Increasing product demand from aerospace industry
184.108.40.206. Product applications in wind energy generation
3.6.2. Industry pitfalls & challenges
220.127.116.11. High production cost
3.7. Regulatory landscape
3.8. Growth potential analysis
3.9. Competitive landscape
3.9.1. Company market share, 2017
3.9.2. Strategy dashboard
3.9.3. Patent analysis
3.10. Porter's analysis
3.10.1. Supplier power
3.10.2. Buyer power
3.10.3. Threat of new entrants
3.10.4. Threat of substitutes
3.10.5. Industry rivalry
3.11. Regional price trends
3.11.1. Cost structure analysis
18.104.22.168. R&D cost
22.214.171.124. Manufacturing & equipment cost
126.96.36.199. Raw material cost
188.8.131.52. Distribution cost
184.108.40.206. Operating cost
220.127.116.11. Miscellaneous cost
3.11.2. Price by product
3.11.3. Price by applications
3.12. PESTEL analysis
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1175
Advanced polymer composites market share is exceedingly consolidated, with prominent players accounting for over half of the total business size in 2017. The major players include 3B-Fibreglass sprl, Arkema S.A., Owens Corning Corporation, Solvay S.A., BASF SE, SGL Carbon Kemrock Industries, Cytec Industries Inc., TPI Composites Inc., Hexcel Corporation, Toray Industries Inc., Mitsubishi Rayon Co. Ltd., Koninklijke Ten Cate N.V. and Cristex Ltd.
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.a
Toll Free: 1 888-689-0688
Connect with us twitter | LinkedIn | Facebook | Google+
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
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 Advanced Polymer Composites Market 2019-2025: Solvay S.A., Arkema S.A., Owens Corning Corporation, BASF SE, Cristex Ltd, SGL Carbon 3B-Fibreglass sprl, Kemrock Industries, TPI Composites Inc., here
News-ID: 1842143 • Views: 151
More Releases from Global Market Insights, Inc.
Advanced Energy Storage Systems Market 2019 | Top Players are Furukawa Battery C …
Global Advanced Energy Storage Systems Market size is projected to surpass 11.36 Giga Watts by end of 2022 and predicted to register CAGR of more than 15.1% during forecast timeline. Increasing concerns over power conservation and change in focus towards renewable energy sources is predicted to promote industry growth. Constant efforts by firms like Halotechnics, GE Renewable Energy and General Compression to introduce changes in the technology is predicted to promote
Butane Market report 2019 | Valero Energy Corporation, Royal Dutch Shell, Tyumen …
Global Butane Market size is predicted to surpass 266 million tons with projected gains higher than 2.8%. Rising LPG (liquefied petroleum gas) demand due to its acceptance as domestic fuel, specifically in APAC and Africa, is projected to promote global industry trends. Governments all across the globe are encouraging its usage to reduce greenhouse emissions and coal dependency. They are providing subsidy on LPG to promote its usage as domestic
Surface Mining Equipment Market Revenue & Growth Analysis By Top Manufacturers - …
Surface Mining Equipment Market is continuously evolving with the involvement of new technologies in the mining process which are making the operations more safe, efficient, and user-friendly. Over the past decade, the mining industry has seen innumerable changes addressing the need of cost mines with high production and low operating cost. Increasing proliferation of sophisticated equipment especially in emerging nations that offer precision as well as time efficiency in the
Comprehensive study of Small Hydropower Market 2019 : Leading Players are RusHyd …
Global Small Hydropower Market size by installed base was more than 110 GW for 2015 and is predicted to register more than 2.5% growth during the forecast period. Demand for pure and renewable source of energy has resulted in growth of the industry. The reason being that hydropower is purest form of renewable energy and does not pollute the environment by emitting hazardous pollutants like carbon dioxide. Also, small hydropower needs
More Releases for Advanced
Global Advanced Oxidation Technologies Market 2019- 2025 || A-Zone Technologies, …
Synopsis of the Advanced Oxidation Technologies Market: Latest Report on Advanced Oxidation Technologies Market deliberates the effect of various Factors influencing the market growth and drivers. Its further sheds light on market overview, key manufacturers, strategic adopted by them, size, latest trends and types, revenue, gross margin with regional analysis and forecast to 2025. Overview of the Advanced Oxidation Technologies Market Report: Advanced Oxidation Technologies Market report includes knowledge about the market overview
Advanced Digital Marketing Course
Digilearnings is introducing a practical learning based course which is the most trending and interesting course currently i.e. ADMC ( advanced digital marketing course). Advanced Digital marketing course is specially designed by the professionals of Digilearnings to help students who want to make their career in the Digital Marketing field. The team of Digilearnings has specially designed this course by keeping in mind the growing sector of Digital Marketing. The Advanced Digital Marketing
Advanced Energy Storage Technologies Market - Advanced Techniques & Forecast 201 …
Global Advanced Energy Storage Technologies Market: Snapshot By recognizing the role of energy storage systems, several government bodies across the globe have been aiming at building an affordable, reliable, and sustainable power supply structure for catering to the snowballing energy needs of their citizens. The competitive scenario of the global advanced energy storage technologies features acquisitions, mergers, partnerships, and product launches as the most leveraged growth strategies. For example, in May 2017,
Advanced Animal Ventilator Market
The Global and China Advanced Animal Ventilator Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Advanced Animal Ventilator industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Advanced Animal Ventilator market study provides comprehensive data which
Global Advanced Ceramics Market 2016 - CeramTec, Advanced Ceramics Manufacturing …
This report provides detailed analysis of worldwide markets for Advanced Ceramics from 2011-2016, and provides extensive market forecasts (2016-2021) by region/country and subsectors. It covers the key technological and market trends in the Advanced Ceramics market and further lays out an analysis of the factors influencing the supply/demand for Advanced Ceramics, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the
Your skin is the largestorgan in the body. It's the most lovely organ as it depicts the functioning of the body. But, to keep your skin in aperfect you requiretake care of it. There are manyregimes for many types of skin and it's essential to know what regimesuits your skin. Know your skin: The type of skin you have will suggest the kind of products you should use. Know your