Composite Materials Market Driven by Increased Usage in Aircraft Applications

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Growth of Composite Materials Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

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Press Release Analyst of the report highlights reinforced polymers as the type segment of the market that is contributing 90% of the demand. This information is based on a recent market research report from IndustryARC, titled “Composite Materials Market: By Material (Fibre Reinforced Polymers, Resins, Matrices, Others) By Application (Aerospace, Construction, Wind Energy, Automotive, Others) By Method (Open Moulding & Closed Moulding); By Geography - Forecast (2018 - 2023).” Nowadays, traditional materials such as steel and aluminum are getting replaced by evolving composite materials as they offer design flexibility opportunities for engineers. The composite material is a combination of matrix and reinforced material, which are distinct and identifiable. They are useful in many aspects, for example, from simple shelters to huge electronic devices. Composite materials offer weight reduction, smooth surface, and increased fuel efficiency, and consequently widely used in the manufacturing of Aircraft. Additionally, fiber-reinforced polymer, fiberglass, reinforced plastics, ceramic matrix composites, and metal matrix composites are the different materials used in boat hulls, car bodies, building panels, sports equipment, military aircraft, and tennis rackets. They are corrosion resistant, dent-resistant, and flexible in nature, which makes body armor more resistant to bullets and enables turbine blades to withstand the opposing stress of high wind speeds. Owing to the high-temperature resistance, these products are used in compressors, turbines, and external systems for advanced lightweight transmission. Browse 77 Market Tables, 178 Figures spread through 180 slides and an in-depth TOC on “ Composite Materials Market (2018 - 2023)” The adoption of composite materials is also expanding as they require less maintenance and provide a longer lifespan. The global composite materials market is anticipated to experience substantial growth and reach approximately $36 billion by 2020, with a CAGR of 7% during the period of (20142020). Geographically, Asia Pacific currently holds the position of the leading region in terms of demand and is projected to further dominate with a contribution of 50% of the overall demand by 2020, followed by North America, which will have a share of 29% in volume by 2020. Composite Materials Market: Disruptive Trends and Drivers Integration of composite materials in making efficient wings and fuselage structures coupled with innovative designs Demand for high performance and multifunctional composite materials in aerostructures. The world’s largest passenger airliner, new Airbus A380, uses modern composites such as plastic reinforced with carbon fibers in its design. The material holds 20% in its whole design. Composite Materials Market: Competitive Analysis Toray Industries, Inc., Hexcel Corporation, Safran, and Aishan Fiberglass Inc. are some of the key players ahead of the curve in the global composite materials market. In 2018, Toray Industries, Inc. acquired TenCate Advanced Composites Holding B.V., which is a leading carbon-fiber composite material manufacturer, for €930 million. Through this acquisition, Toray aspires to expand its existence into high services temperature applications such as componentry in the area of engines, which enables its presence in the space and defense In 2018, Hexcel Corporation formed a joint venture with Future Aerospace, which is a Chinese

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aerospace parts manufacturer. “Shanghai Future Aerospace Hexcel Commercial Composite Testing Limited�, provide composite materials testing. This collaboration is more helpful in the development of composite material applications in commercial aerospace industries especially in China In 2018, a new plant was opened in France to meet the increasing demand for composite materials from aerospace customers In 2018, Safran and Toray implemented an agreement to develop and supply high performances composite materials for the aerospace industry and tackle the issues associated with new generation engines Composite materials are produced from two or more constituent materials. They are widely used in the aerospace industry owing to their noteworthy properties of lightweight, high-strength, and smoothness. Increasing adoption of these materials in the manufacturing process of boat hulls, car bodies, building panels, sports equipment, and aircraft further is contributing to the growth of the market in the near future Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=246

Related Reports: Composites Market:By Organic (Blood Meal, Fish Meal, Manure, Granite Meal, Others); By Inorganic (Nitrogen, Potassium, Phosphate, Calcium, Sulfur, Others); By Bio-Composites (PSB, Azotobacter, Others); By Form (Solid, Liquid, Gaseous) By Crops (Wheat, Rice, Maize, Oil seeds & Others); By Geography - Forecast(2018-2023) https://industryarc.com/Report/15225/composites-market.html Glass Fiber Reinforced Plastics (GFRP) Composites Market:By Material Type (Epoxy, Fillers, Glass fibers, Polyester, others); By Form (Rebars, sheet, panels, Rolls, others); By Manufacturing process (Hand Layup, Injection Molding, Compression Molding, Pultrusion, RTM); By Application (Building and construction, Automotive, Electrical, Aerospace, Wind Power Turbines, Others); By Geography Forecast(2018-2023) https://industryarc.com/Report/15070/glass-fiber-reinforced-plastics-gfrp-composites-market.html About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc

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Table of Contents 1. Composite Materials Market - Overview 1.1. Definitions and Scope 2. Composite Materials Market - Executive summary 2.1. Market Revenue, Market Size and Key Trends by Company 2.2. Key Trends by type of Application 2.3. Key Trends segmented by Geography 3. Composite Materials Market 3.1. Comparative analysis 3.1.1. Product Benchmarking - Top 10 companies 3.1.2. Top 5 Financials Analysis 3.1.3. Market Value split by Top 10 companies 3.1.4. Patent Analysis - Top 10 companies 3.1.5. Pricing Analysis 4. Composite Materials Market – Startup companies Scenario 4.1. Top 10 startup company Analysis by 4.1.1. Investment 4.1.2. Revenue 4.1.3. Market Shares 4.1.4. Market Size and Application Analysis 4.1.5. Venture Capital and Funding Scenario 5. Composite Materials Market – Industry Market Entry Scenario 5.1. Regulatory Framework Overview 5.2. New Business and Ease of Doing business index 5.3. Case studies of successful ventures 5.4. Customer Analysis – Top 10 companies 6. Composite Materials Market Forces 6.1. Drivers 6.2. Constraints 6.3. Challenges 6.4. Porters five force model 6.4.1. Bargaining power of suppliers 6.4.2. Bargaining powers of customers 6.4.3. Threat of new entrants 6.4.4. Rivalry among existing players 6.4.5. Threat of substitutes 7. Composite Materials Market - Strategic analysis 7.1. Value chain analysis 7.2. Opportunities analysis 7.3. Product life cycle 7.4. Suppliers and distributors Market Share 8. Composite Materials Market – By Type (Market Size -$Million / $Billion) 8.1. Market Size and Market Share Analysis 8.2. Application Revenue and Trend Research 8.3. Product Segment Analysis 8.3.1. FRP Composites (Fiber Reinforcement Polymers) 8.3.1.1. Glass Fiber Reinforced Polymers (GFRP) 8.3.1.2. Carbon Fiber Reinforced Polymers (CFRP) 8.3.1.3. Aramid Fiber Reinforced Polymers (AFRP) 8.3.1.4. Others (Boron Fiber, Basalt fiber , Natural Fiber)

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8.3.2. Matrices 8.3.2.1. Polymer Matrix Composite (PMC) 8.3.2.2. Metal Matrix Composite (MMC) 8.3.2.3. Ceramic Matrix Composites (CMC) 8.3.3. Resins 8.3.3.1. Thermoset resins 8.3.3.1.1. Epoxy 8.3.3.1.2. Vinyl Ester 8.3.3.1.3. Polyester 8.3.3.1.4. Others (Polyurethane, Polypropylene) 8.3.3.2. Thermoplastic resins 8.3.4. Others 9. Composite Materials Market – By Method (Market Size -$Million / $Billion) 9.1. Open Molding 9.1.1. Hand Lay-Up 9.1.2. Spray-Up 9.1.3. Filament Winding 9.2. Closed Molding 9.2.1. Compression molding 9.2.2. Pultrusion 9.2.3. Reinforced Reaction Injection Molding (RRIM) 9.2.4. Resin Transfer Molding (RTM) 9.2.5. Vacuum Bag Molding 9.2.6. Others (Centrifugal Casting, Continuous Lamination) 10. Composite Materials Market – By Application (Market Size -$Million / $Billion) 10.1. Aerospace 10.2. Wind Energy 10.3. Automotive 10.4. Construction 10.5. Electrical 10.6. Sporting Goods 10.7. Pipes & Tanks 10.8. Others (Consumer, Marine) 11. Composite Materials Market – By Form (Market Size -$Million / $Billion) 11.1. Fiber Tow 11.2. Unidirectional Tape 11.3. Cloth 12. Composite Materials - By Geography (Market Size -$Million / $Billion) 12.1. Composite Materials Market - North America Segment Research 12.2. North America Market Research (Million / $Billion) 12.2.1. Segment type Size and Market Size Analysis 12.2.2. Revenue and Trends 12.2.3. Application Revenue and Trends by type of Application 12.2.4. Company Revenue and Product Analysis 12.2.5. North America Product type and Application Market Size 12.2.5.1. U.S. 12.2.5.2. Canada 12.2.5.3. Mexico 12.2.5.4. Rest of North America 12.3. Composite Materials - South America Segment Research 12.4. South America Market Research (Market Size -$Million / $Billion) 12.4.1. Segment type Size and Market Size Analysis 12.4.2. Revenue and Trends 12.4.3. Application Revenue and Trends by type of Application 12.4.4. Company Revenue and Product Analysis 12.4.5. South America Product type and Application Market Size 12.4.5.1. Brazil 12.4.5.2. Venezuela

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12.4.5.3. Argentina 12.4.5.4. Ecuador 12.4.5.5. Peru 12.4.5.6. Colombia 12.4.5.7. Costa Rica 12.4.5.8. Rest of South America 12.5. Composite Materials - Europe Segment Research 12.6. Europe Market Research (Market Size -$Million / $Billion) 12.6.1. Segment type Size and Market Size Analysis 12.6.2. Revenue and Trends 12.6.3. Application Revenue and Trends by type of Application 12.6.4. Company Revenue and Product Analysis 12.6.5. Europe Segment Product type and Application Market Size 12.6.5.1. U.K 12.6.5.2. Germany 12.6.5.3. Italy 12.6.5.4. France 12.6.5.5. Netherlands 12.6.5.6. Belgium 12.6.5.7. Spain 12.6.5.8. Denmark 12.6.5.9. Rest of Europe 12.7. Composite Materials – APAC Segment Research 12.8. APAC Market Research (Market Size -$Million / $Billion) 12.8.1. Segment type Size and Market Size Analysis 12.8.2. Revenue and Trends 12.8.3. Application Revenue and Trends by type of Application 12.8.4. Company Revenue and Product Analysis 12.8.5. APAC Segment – Product type and Application Market Size 12.8.5.1. China 12.8.5.2. Australia 12.8.5.3. Japan 12.8.5.4. South Korea 12.8.5.5. India 12.8.5.6. Taiwan 12.8.5.7. Malaysia 13. Composite Materials Market - Entropy 13.1. New product launches 13.2. M&A's, collaborations, JVs and partnerships 14. Composite Materials Market – Industry / Segment Competition landscape 14.1. Market Share Analysis 14.1.1. Market Share by Country- Top companies 14.1.2. Market Share by Region- Top 10 companies 14.1.3. Market Share by type of Application – Top 10 companies 14.1.4. Market Share by type of Product / Product category- Top 10 companies 14.1.5. Market Share at global level- Top 10 companies 14.1.6. Best Practises for companies 15. Composite Materials Market – Key Company List by Country 16. Composite Materials Market Company Analysis 16.1. Market Share, Company Revenue, Products, M&A, Developments 16.2. Toray Industries 16.3. Hexcel Corporation 16.4. Taishan Fiberglass 16.5. DIAB International 16.6. AkzoNobel 16.7. Company 6 16.8. Company 7 16.9. Company 8

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16.10. Company 9 16.11. Company 10 and more "*Financials would be provided on a best efforts basis for private companies" 17. Composite Materials Market - Appendix 17.1. Abbreviations 17.2. Sources 18. Composite Materials Market - Methodology 18.1. Research Methodology 18.1.1. Company Expert Interviews 18.1.2. Industry Databases 18.1.3. Associations 18.1.4. Company News 18.1.5. Company Annual Reports 18.1.6. Application Trends 18.1.7. New Products and Product database 18.1.8. Company Transcripts 18.1.9. R&D Trends 18.1.10. Key Opinion Leaders Interviews 18.1.11. Supply and Demand Trends

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