openPR Logo
Press release

Metal Replacement Market - Competitive Hierarchy Of Industry by 2025

03-14-2018 06:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

Metal Replacement Market - Competitive Hierarchy Of Industry

Metal Replacement Market: Snapshot

The rising demand for lightweight materials, to be utilized in automobiles and various manufacturing components of aircrafts, has been creating prominent growth opportunities for the global market for metal replacement. The increasing uptake of metal replacement processes in a number of industries, such as the automotive, defense and aerospace, healthcare, construction, and the consumer goods is also fueling the market’s growth significantly.

With metal replacing materials being widely utilized in the production of various body parts of automobiles and several under-the-hood constituents, the automotive industry has emerged as the leading consumer of these materials across the world. Over the coming years, the significant increase in the automobile production, together with the rise in the repair and maintenance activities, is likely to propel the demand for these materials in the automotive industry considerably, justifying its prominent position among end users.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=878

Engineering plastics and composites are the main types of metal replacement materials available, worldwide. Polycarbonates, polyamides, acrylonitrile butadiene styrene (ABS), thermoplastic polyesters, fluoropolymers, and polyacetals are the prime engineering plastics and carbon fiber reinforced plastics (CFRP) and glass fiber reinforced plastics (GFRP) are the main composites traded in this market. Acrylonitrile butadiene styrene has surfaced as the most valued engineering plastic across the world and is closely followed by polycarbonates and polyamides. Among composites, the demand for GFRP is higher than CFRP and the trend is anticipated to remain so over the next few years.

Global Metal Replacement Market: Overview

Development and manufacturing of new products require more resources and are more complex than ever. As a result, the limelight is slowly shifting towards metal replacement. It is being widely acknowledged for reducing weight, production, and cost times. Metal replacement materials are used across industries such as aerospace and defense, automotive, healthcare, and construction. The materials used are engineering plastics and composites such as carbon fiber reinforced plastics and glass fiber reinforced plastics. The global metal replacement market has witnessed a momentous rise of late and is expected to continue following a healthy growth track in the forthcoming years.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=878

This research report provides a comprehensive overview of the various important parameters of the global metal replacement market. It presents a comprehensive description of the factors the growth of the market. It offers essential insights into the statistics pertaining to the market at both regional and global levels. It extensively covers market attractiveness analysis and Porter’s five force analysis. The data derived from these tools is used for calculating the competitive landscape of the market. Competitive profiling of the prominent players in the market along with their market shares, business strategies, revenue generation, latest development, and contact information form a crucial part of the report.

Global Metal Replacement Market: Drivers and Restraints

The growth of the global metal replacement market is primarily fuelled by end-user sectors such as aerospace and defense and construction. In recent times, infrastructural development has gained significant traction, particularly in developing countries. This has led to the initiation of several residential and commercial construction projects. As a result, there is an upswing in the demand for metal replacing materials in the construction sector to replace steel rods for concrete reinforcement as well as to produce sewage systems. Moreover, the growing use of engineering plastics as an alternative to traditional materials in end-user industries is providing a fillip to the market.

Read Comprehensive Overview of Report @ https://www.tmrresearch.com/metal-replacement-market

On the flip side, the high cost of metal replacing materials is limiting their widespread adoption. Furthermore, the volatile prices of crude oil are negatively impacting the manufacturing of engineering plastics, as crude oil serves as a raw material. This, in turn, is hampering the growth of the material. However, emerging countries are likely to present immense growth opportunities for the market.

Global Metal Replacement Market: Geographical Segmentation

On the basis of geography, the key segments studied in the report are North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific will account for a substantial share in the market throughout the forecast period, with China being a major contributor. The growing investments by automobile giants, increasing manufacturing capacities, and the flourishing growth of the construction industry are contributing to the growth of the region. The increasing focus towards the development of lightweight and fuel-efficient vehicles is also spurring the demand for metal replacement materials in the region.

Europe and North America are estimated to rise at a sluggish growth rate during the same period. These regions have not recovered entirely from the economic downturn, which in turn is adversely affecting the demand for metal replacing materials in key end-user industries.

Global Metal Replacement Market: Competitive Landscape

Some of the prominent players in the global metal replacement market are SGL Group, Solvay SA, Celanese Corporation, Owens Corning Corporation, and BASF SE. Enterprises are focusing on research and development activities to introduce new products and stay relevant in the market. The established distribution network and wide market reach are providing a competitive edge to the key players in the market. They also have large technical capabilities that facilitate existing product upgradation for new applications.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Metal Replacement Market - Competitive Hierarchy Of Industry by 2025 here

News-ID: 977259 • Views: 226

More Releases from TMR Research

IoT in Manufacturing Market Present, History, Future and Forecast 2025 | IBM Cor …
Global IoT in Manufacturing Market: Snapshot The global IoT in manufacturing market is driven by an increasing need for centralized monitoring and predictive maintenance of manufacturing infrastructure. The growing demand for operational efficiency, agile production, operational control, and connected logistics will also support the growth of the IoT in manufacturing market. The global IoT in manufacturing market is highly fragmented with the presence of both large and small companies in high
Airport Retailing Market Global Industry Trends Analysis 2025 | World Duty Free …
Global Airport Retailing Market: Snapshot Airport retailing is basically the presence of many retail services of many products inside the airport for providing enhanced convenience to the people travelling. Airport retailing also delivers a broader variety of merchandizes and is a comparatively easy choice for travelers. As many retailers tend to think that airport retailing is just strategy diversification and market expansion. However, this kind of thinking is expected to lead
Incident Response Services Market Overview and Outlook 2017 to 2025 | Dell Secur …
Global Incident Response Services Market: Snapshot Incident response refers to the management and active efforts taken after an attack or a security breach has taken place. Incident response services primarily deal with an organized approach towards the incident and most service providers adhere to the core goal of managing the incident in a way that will reduce damage in terms of time and money. Incident response service providers usually incorporate plans
Telecom Cloud Billing Market Development, Application and Forecast 2025 | Ericss …
Global Telecom Cloud Billing Market: Snapshot The global telecom cloud billing market is projected to be a forward-looking breeding ground of lucrative prospects birthing from the advent of cloud computing as a mainstream IT strategy. Cloud computing is the new in telecom billing that catalyzes important modifications in traditional billing architectures. Anticipated to reshape conventional billing concepts, cloud computing enables the deliverance of highly scalable IT resources directly over the web

All 5 Releases


More Releases for Metal

Nanoparticles – Metal & Metal Oxides Market Size, Share | Industry Report 2026
The global Nanoparticles – Metal & Metal Oxides Market was valued at $5.2billion in 2018 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $10.6billion. Nanoparticles – Metal & Metal Oxides have been widely studied for antimicrobial activities and it is known for their highly patent zinc oxide(ZnO), copper oxide (CuP), titanium oxide (TiO2), iron oxide (Fe3O4), include silver
Metal Foams Market
Metal Foams Market: Introduction Metal foams incorporates structured cellular material provided as cushion, insulation, vibration damping, or as a packaging application. These light weight cellular material, metal foams are popular in the market for its interesting combination of physical and chemical parameters that offers high stiffness, high compression strength and energy absorption. With the increasing industrial growth in every sector, including machineries, automotive, marine, military and others, the metal foams market is
Inorganic Metal Finishing Market
Global Inorganic Metal Finishing Market Insights, Forecast To 2025 report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. The report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Inorganic Metal Finishing market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions,
Global Metal Detectors Market
The Metal Detectors Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/13111 Metal Detectors Market : Drivers and Challenges The global metal detectors market is expected to be significantly driven by increasing government investments
Market Intelligence Report Metal and Metal Oxide Nanoparticles, 2015-2025
Metal and metal oxide nanoparticles, also indicated as nanocrystals or nanopowders play a vital role in many areas of physics, chemistry and material science. These are available in variable shapes, sizes as well as surface coatings. Metal oxide nanoparticles offer a variety of functionalities that remain desirable over a number of segments such as anti-corrosion, anti-bacterialism, thermal barrier, easy-clean, UV- absorbent & combinations thereof. Metal and metal oxide nanoparticles are
ultra high frequency metal tags on metal for system (gyrfidstore)
RFID Disc Tags are widely used for inventory tracking system or Automatic production systems. The RFID Disc Tag can also work on metal surface with anti-metal layer on it, also can be attached to goods surface by adhesive layer. There are abundant size options from 12mm to 50mm. GYRFID presents several types with different material and size to suitable customer’s application. DIP Series- PVC Disc Tag, PVC Laminated, thickness of 1.0-1.2mm DIT