Press release
Epoxy Composite Market is expected to witness a significant growth of USD ~ 38.19466 billion by 2023 with CAGR of 7.4% between 2016 and 2023
Epoxy Composite Market
The Global Epoxy Composite Market is expected to witness a significant growth of USD ~ 38.19466 billion by 2023 with CAGR of ~7.4% between 2016 and 2023.
Epoxies composite are best known for their excellent adhesion, UV, chemical and heat resistance, good mechanical properties, and outstanding electrical insulating properties. It is formed into two types i.e. glass Epoxy Composite and carbon Epoxy Composite. Among these type of epoxy composites, glass fiber-based Epoxy Composite is considered to be a best reinforcement because of its excellent mechanical, electrical and thermal features.
Epoxy Composite has found in various end user industry such as automotive, transportation, aerospace & defense, sporting goods, electronics industry, construction industries, and others. Increasing in demand of automotive, transportation and aerospace & defense is likely to drive the epoxy composite market growth. The growing automotive and transportation industry on account of developing domestic as well as commercial market particularly in Asia-Pacific and North America has boosted the Global Epoxy Composite Market over the forecasted period.
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Key Players:
Key players of the Global Epoxy Composite Market are Axiom Materials, Inc. (US), Hexcel Corporation (US), Cytec Solvay Group (Belgium), Koninklijke Ten Cate nv. (Netherlands), Teijin Limited (Japan), Toray Industries, INC. (Japan), Mitsubishi Rayon Co. Ltd. (Japan), Rotec Composite Group B.V. (Netherlands), SGL Group (Germany), Gordon Composites, Inc. (US) and others.
Regional Analysis:
Asia Pacific is the largest market of Epoxy Composite due to demand in various applications such as automotive, transportation and aerospace & defense in China region followed by Japan, and India. Increasing demand for automotive, aerospace and construction industry in the India, Japan and South Korea has made Asia Pacific largest consumer of the Global Epoxy Composite Market followed by increasing in the consumption of Epoxy Composite Market in North America region. The third largest market of Epoxy Composite is Europe. Latin America and Middle East also witnessed in growth of Epoxy Composite Market due to various end user industry such as electronics industry, construction industries, and others.
Segmentation:
The Global Epoxy Composite Market is majorly segmented on the basis of types, end users and region. Based on types of epoxy composite the market is segmented into glass epoxy composite and carbon Epoxy Composite. Based on end user the market segmented into automotive, transportation, aerospace & defense, sporting goods, electronics industry, construction industries, and others (Wind power industry, Oil & Gas, Marine). Based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
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Study Objectives of Epoxy Composite Market:
• To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Epoxy Composite Market.
• To understand the supply and demand dynamics including supply and consumption concentration mapping.
• To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries.
• To provide competitor positioning of the market.
• To provide company profiling of major players in the market along with their production and capacity.
• To provide regional trade analysis.
• To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market.
Key Points from Table of Content:
10. Company Profiles
10.1 Axiom Materials, Inc.
10.1.1 Company Overview
10.1.2 Product/Business Segment Overview
10.1.3 Financial Updates
10.1.4 Key Developments
10.2 Hexcel Corporation
10.2.1 Company Overview
10.2.2 Product/Business Segment Overview
10.2.3 Financial Updates
10.2.4 Key Developments
10.3 Cytec Solvay Group
10.3.1 Company Overview
10.3.2 Product/Business Segment Overview
10.3.3 Financial Updates
10.3.4 Key Developments
10.4 Koninklijke Ten Cate NV.
10.4.1 Company Overview
10.4.2 Product/Business Segment Overview
10.4.3 Financial Updates
10.4.4 Key Developments
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