Global Composites Market 2017-2022 by Fiber Type, Resin Type, Manufacturing Process & Application

DUBLIN, September 5, 2017 /PRNewswire/ --

The "Composites Market by Fiber Type (Glass, Carbon), Resin Type (Thermoset, Thermoplastic), Manufacturing Process (Layup, Filament Winding, Pultrusion), Application (Transportation, Aerospace & Defense, Wind Energy), Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The composites market is projected to grow from USD 72.58 Billion in 2016 to USD 115.43 Billion by 2022, at a CAGR of 8.13% between 2017 and 2022. The growth of the composites market can be attributed to increased use of composites in the aerospace & defense and transportation applications as they offer a high strength-to-weight ratio and increased heat resistance. Moreover, they are lightweight, which increases the fuel efficiency of vehicles manufactured from composites and gives them structural stability.

The composites market has been segmented based on the fiber type, resin type, manufacturing process, application, and region. Based on the application, the composites market has been segmented into aerospace & defense, transportation, wind energy, construction & infrastructure, pipes & tanks, marine, electrical & electronics, and others. The properties offered by composites, such as increased shape stability, high strength, excellent damage resistance, and high longitudinal stiffness encourage their use in high-performance applications.

The Asia-Pacific region is the largest consumer of composites across the globe in terms of value and volume. The growth of the Asia-Pacific composites market is driven by the increasing consumption of composites in various applications such as wind energy, construction & infrastructure, aerospace, electrical & electronics, and automotive. The growth of the construction industry in China and Japan is driving the growth of the composites market in these countries. China has become the largest consumer of composites, globally in terms of volume and is expected to strengthen its position further during the forecast period.

The growth of the China composites market is due to the establishment of a number of new carbon fiber plants in the country and increased investments in China by various Europe-based companies dealing in the aerospace, automotive, and wind energy industries.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Macro Economic Overview and Key Trends

7 Composites Market, By Fiber Type

8 Composites Market, By Resin Type

9 Composites Market, By Manufacturing Process

10 Composites Market, By Application

11 Composites Market, By Region

12 Competitive Landscape

13 Company Profiles

• BASF SE (Germany)
• Binani Industries Ltd (India)
• Chongqing Polycomp International Corporation (China)
• E.I DuPont De Nemours & Co. (U.S.)
• eijin Limited (Japan)
• Gaffco Ballistics (U.S.)
• Gurit (Switzerland)
• Henkel AG & Co. KGaA (Germany)
• Hexcel Corporation (U.S.)
• Hexion (U.S.)
• Honeywell Internalional Inc. (U.S.)
• Huntsman International LLC (U.S.)
• Jushi Group (China)
• Kineco Kaman Composites-India Pvt. Limited (India)
• Koninklijke Ten Cate BV (Netherland)
• Mitsubishi Chemical Holdings Corporation (Japan)
• Nippon Electric Glass Co. Ltd. (Japan)
• Owens Corning (U.S.)
• Renegade Materials Corporation (U.S.)
• SGL Group (Germany)
• Solvay (Belgium)
• Toray Industries Inc. (Japan)
• Trex Company Inc. (U.S.)
• UPM BioComposites (Finland)
• Weyerhauser (U.S.)

For more information about this report visit https://www.researchandmarkets.com/research/56frsg/composites_market

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