Advanced Composites Market by Key Features, Market Challenge and Forecast To 2022

Composites are a class of materials that are made of two or more materials with different properties that are combined to obtain unique characteristics. Advanced composites comprise two major components: a polymer matrix and a reinforcing fiber material. Carbon, glass, and aramid are the commonly used fibers. Epoxy, polyester, phenol, and polyacrylic acid are the major types of polymers used to manufacture advanced composites.

The market is divided into the following segments based on geography:
- APAC
- EMEA
- North America
- ROW

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Key vendors:
- Hexcel
- Cytec Solvay
- SGL
- Tencate
- Teijin

Other prominent vendors:
- 3B
- DuPont
- GKN
- Gurit
- Kemrock Industries and Exports
- Mitsubishi Rayon
- Toray
- TPI Composites

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Market Driver:
- Advanced composites gaining prominence in aerospace applications
- For a full, detailed list, view our report

Market Challenge:
- Volatile price of raw materials
- For a full, detailed list, view our report

Market Trend:
- Emergence of bio-based products
- For a full, detailed list, view our report

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