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.
Technavio’s analysts forecast the global advanced composites market to grow at a CAGR of 7.13% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global advanced composites market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed profiles of the five prominent vendors operating in the market.
The market is divided into the following segments based on geography: - APAC - EMEA - North America - ROW
Technavio's report, Global Advanced Composites Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
Other prominent vendors - 3B - DuPont - GKN - Gurit - Kemrock Industries and Exports - Mitsubishi Rayon - Toray - TPI Composites
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
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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187 pages •
By Asia Market Information & Development Company
• Jan 2021
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Gross Domestic Product
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