Epoxy Composite Market to Grow at a CAGR of 7.34% by 2021: Increasing Use of Epoxy Composite in the Wind Energy Industry - Research and Markets

DUBLIN, Apr 18, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Epoxy Composite Market - Global Forecast to 2021" report to their offering.

The epoxy composite market is projected to reach USD 33.06 billion by 2021, at a CAGR of 7.34% between 2016 and 2021.

The key factor expected to drive the growth of the market is the increasing use of epoxy composite in the wind energy industry. In addition, the increasing demand for materials with superior properties, such as lightweight, high strength, and durability is expected to boost the demand for epoxy composite in the automotive & transportation, aerospace & defense, and construction industries. However, high volatility in the raw material prices and issues related to recyclability can restrain the growth of the market.

The wind energy industry segment led the epoxy composite market, by value and volume. The superior properties exhibited by epoxy composites are expected to drive the growth of the market in the wind energy industry. Epoxy composites enhance strength & rigidity and reduce the weight of wind blades. These composites provide great strength-to-weight capability compared to other traditional materials, and hence, facilitate more efficient designs and better fabrication. The composites are mostly used in wind blades, nacelles, and spar caps.

Companies Mentioned

• Axiom Materials
• Barrday
• Composites One
• Cytec Solvay Group
• Gurit Holding AG
• Hexcel Corporation
• Myko Engineering
• Park Electrochemical
• Quantum Composites
  

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Macro Economic Overview and Key Trends

8 Epoxy Composite Market, By Fiber Type

9 Epoxy Composite Market, By Manufacturing Process

10 Epoxy Composite Market, By End-Use Industry

11 Epoxy Composite Market, By Region

12 Competitive Landscape

13 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/gx8lxr/epoxy_composite

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SOURCE Research and Markets