Advanced Composites Market

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Advanced Composites Market is projected to grow from USD XX Billion in 2018 to USD 65.62 Billion by 2026, at a CAGR of XX % between 2019 and 2026.

 

Advanced Composites MarketAdvanced Composites Market

Advanced composites involve manufacturing technology, materials and engineered composites with enhanced physical and mechanical properties. Technical innovation on the lightweight vehicle to increase fuel efficiency and reduce carbon emission in the automotive sector and aerospace spacecraft is a major factor driving the market.

Ease in the manufacturing process of complex structures resulted in automated fiber placement and automated tape laying becoming the largest segment of advanced composites market. Carbon fiber became the largest segment based on fiber type owing to the product being light-weight and strong. Thermoplastic resins have wide applications across numerous industries due to properties like thermal stability even in moist conditions. This allowed thermoplastic resins to be suitable for that have high temperature and corrosion. Aerospace and defense industry holds the largest market share with transportation monitoring fastest growth in end-use industry segment for advanced composites market.
Scope of the Report:

Advanced Composites Market, by Fiber Type:

• Aramid
• Carbon
• S-Glass
• Other

Advanced Composites Market, by Resin Type:

• Advanced Thermosetting Composites

Polyester

Phenolic

Vinyl Ester

Polyurethane

Epoxy

Others

• Advanced Thermoplastic Composites

Polyphenylene Sulfide

Polyetheretherketone

Polyetherimide

Others

Advanced Composites Market, by Manufacturing Process:

• Filament Winding
• Injection Molding
• Compression Molding
• Hand layup/ Spray Layup
• Automated Fiber Placement (AFP) & Automated Tape Laying (ATL)
• Pultrusion
• Vacuum Assisted Resin Transfer Molding (VARTM) or Vacuum Injected Molding (VIM)
• Others

Advanced Composites Market, by End-use Industry:

• Wind Energy
• Sporting Goods
• Transportation
• Aerospace & Defense
• Pipes & Tanks
• Electrical & Electronics
• Civil Engineering
• Medical
• Marine
• Others

Advanced Composites Market, by Region:

• North America
• Asia Pacific
• Europe
• Middle East & Africa
• Latin America
Key Players analysed in the Advanced Composites market:

• Owens Corning (U.S.)
• Teijin Limited (Japan)
• Toray Industries, Inc., (Japan)
• SGL Group (Germany)
• Solvay (Belgium)
• Hexcel Corporation (U.S.)
• Gurit (Switzerland)

For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-advanced-composites-market/303/

 

 This Report Is Submitted By :Maximize Market Research Company

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About Maximize Market Research: 

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

 

 

 

 

 

Listing ID: 676604b5eea95073

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