Marine Composites Market - Global Industry Volume and Region Analysis | 2019
This 95 page report gives readers a comprehensive overview of the Marine Composites market. Browse Market Research Report @
The report states that increasing manufacture of leisure boats, combined with technological advancements, is driving the global marine composites market. In Asia Pacific, in recent years, the development of new boat building industries in China, South Korea, and other Oceanic countries has been a major reason for the substantial demand for marine composites. Despite strong demand for marine composites in Asia Pacific, stringent environmental regulations in Europe pertaining to styrene concentration will impede the global marine composites market.
However, increasing demand for bioplastic-based boats and positive expansion scope for the prepegs market will provide significant opportunities for the industry to capitalize on, say TMR analysts.The report divides the global marine composites market on the basis of products, end users, and applications. By products, glass fiber reinforced plastics (GFRPs) registered the highest demand and contributed maximum revenue to the global market in 2012. This is because GFRPs are light in weight and available at an affordable price. These attributes contributed to the increasing demand for GFRPs in the global market. In addition, a steadfast demand for GFRPs from the powerboats and private watercrafts sectors added opportunities for the product segment.
Foam core material was registered as the second largest product segment of the global marine composites market in the same year. The product segment is expected to account for a larger market share in the global market for marine composites in the forthcoming years.Other marine composite product segments such as metal composites and out-of-autoclave prepegs will emerge as dominant segments in the global marine composites market in the years to come.
By geography, in 2012, North America dominated the global market for marine composites. In the same year, Europe stood as the second largest market for marine composites, due to an upswing in demand for personal watercrafts and small boats. Between 2013 and 2019, the Asia Pacific marine composites market is expected to expand considerably. This is mainly due to the development of boat building industries in China and Rest of the World. The Rest of the World region is expected to exhibit unwavering demand for marine composites in the forecast period.
Get accurate market forecast and analysis on the Marine Composites market. Request a sample to stay abreast on the key trends impacting this market@
The report provides a detailed competitive outlook of the global marine composites market, with market share analysis and company profiles of key players in this market. Cytec Industries Inc., Toray Industries Inc., Hexcel Corporation, Koninklijke Ten Cate nv, Taijin Ltd., E.I. du Pont de Nemours, 3A Composites GmbH, Gurit Holding AG, and Zoltek Companies Inc. are some of the major companies operating in the global marine composites market.
The market has been segmented as below:
Marine Composites Market: Product Segment Analysis
Carbon fiber reinforced plastics (CFRPs)
Glass fiber reinforced plastics (GFRPs)
Foam core materials
Others (including metal composites, etc.)
Marine Composites Market: End-user Analysis
Others (including personal watercraft, jet boats, etc.)
Marine Composites Market: Regional Analysis
Rest of the World
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
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 Marine Composites Market - Global Industry Volume and Region Analysis | 2019 here
News-ID: 673205 • Views: 558
More Releases from Transparency Market Research
Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the
More Releases for Composites
Construction Composites Market 2018 Global players Trex Company, Diversified Str …
Growing construction activities in the emerging countries due to massive government investments to improve public infrastructure will boost the construction composites market size by 2025. For instance, in India USD 2.4 billion project is currently in progress to build the Navi Mumbai International Airport that started in March 2015 and is expected to be completed till 2019. Similarly, UAE has been making considerable investment in constructing ports which was valued
Construction Composites Market 2024 Global key players Diversified Structural Co …
Construction Composites Market for commercial applications is projected to rise at a CAGR of more than 4.5% by 2025. Commercial construction includes bridges, tunnels, airports, roads, hospitals, etc. Government has been making substantial investment to improve the infrastructure, which in turn will propel the construction composite market size by 2025. For instance, government of India have announced spending USD 59 billion to modernize its infrastructure in the coming years which
Global Rail Composites Market Research Report 2018 | Applications Analysis and K …
Researchmoz added Most up-to-date research on "Global Rail Composites Market Research Report 2018" to its huge collection of research reports. This report studies the global Rail Composites market status and forecast, categorizes the global Rail Composites market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and
Global Construction Composites Market 2018 - Exel Composites, Trex Company Inc.
The Global Construction Composites market 2018 delivers detailed prognosis on current and forecast market situation of Construction Composites market in the assessment period, 2018-2025 based on the market’s growth history, sales channel, and manufacturers in the Construction Composites industry. The report also reveals market share of product type, application and scope of a region in detail. The Construction Composites report also consists of key drivers and limiting factors affecting the
Nonwoven Composites Market Report 2017
Nonwoven Composites Market Report 2017 Nonwoven Composites market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Access Full Report : https://www.reportsandmarkets.com/reports/asia-pacific-nonwoven-composites-market-report-2017-1732204 Geographically, this report split Asia-Pacific into several key Regions, with sales (K sqm), revenue (Million USD), market share and growth rate of Nonwoven Composites for these regions,
Construction Composites Market Share 2017 Strongwell, Exel Composites, Trex Comp …
Global Construction Composites Market Research Report Worldwide Construction Composites 2017 Research Report presents a professional and complete analysis of Global Construction Composites Market on the current situation. Construction Composites Market report includes development plans and policies along with Construction Composites manufacturing processes and price structures. Global Construction Composites Market 2017 research report offers the analytical view of the industry by studying different factors like Construction Composites market growth, consumption volume, Construction