Composites Market to Achieve 7.04% CAGR Between 2016 to 2021

Composites Market by Type (Carbon Fiber Composites, Glass Fiber Composites and Others), Resin Type (Thermoplastic Composites and Thermosetting Composites), Manufacturing Process, Application and by Region - Global Trends and Forecasts to 2021 By MarketsandMarkets Published: May-2016 Single User : US $5650 Corporate User : US $8650 Browse more reports on Market Research @ http://www.rnrmarketresearch.com/reports/materials-chemicals/chemicals . Š RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441

Composites Market: Global Trends and Forecasts to 2021 The global market for composites is projected to grow from USD 69.50 billion in 2015 to USD 105.26 billion by 2021, at a CAGR of 7.04% between 2016 and 2021. This high growth is attributed to increasing use of composites in the aerospace & defense, wind, and transportation applications.

“The aerospace & defense application accounts for the largest share in the composites market by value” The aerospace & defense application accounts for the largest share of the composites market.

Composite structures are designed to survive extreme operating conditions such as high stress, shock, and impact loads. These requirements of complex aerospace structures are fulfilled by composites. There is an increase in the demand for composites due to new aircraft programs, including the Airbus A350 XWB and A320 neo and the Boeing 787 and 737 MAX. This trend is expected to continue in the next five years due to the delivery backlog of aircrafts from major aerospace manufacturers. © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441

Composites Market: Global Trends and Forecasts to 2021 “Asia-Pacific projected to be the fastest-growing composites market” Asia-Pacific dominated the composites market, followed by North America. It is also the most promising market for composites in the next five years. Rapid industrialization and urbanization have led to increase in demand for composites from construction, wind, pipe & tank, automotive, electronics & semiconductor, and other industries in the region. China is expected to have the largest market share in the Asia-Pacific region due to its rapidly growing manufacturing sector in the country.

In the process of determining and verifying the market size gathered through secondary research for several segments and sub-segments, extensive primary interviews were conducted as follows: By Company Type: Tier 1 (70%), Tier 2 (25%) and Tier 3 (5%).  By Designation: C-level (31%), Director Level (23%)and others (46%)  By Region: North America (65%), Europe (24%), Asia-Pacific (9%), and RoW (2%) © RnRMarketResearch.com ; sales@nrmarketresearch.com ; +1 888 391 5441

Composites Market: Global Trends and Forecasts to 2021 The various key players profiled in the report are as Cytec-Solvay Group (U.S.), E.I. DuPont Nemours & Co. (U.S.), Huntsman Corporation (U.S.), PPG Industries (U.S.), Toray Industries (Japan), Teijin Limited (Japan), Owen Corning (U.S.), Hexcel Corporation (U.S.), Momentive Performance Materials, Inc. (U.S.), SGL Group (Germany), Saint-Gobain (France), Weyerhaeuser (U.S.), Chongqing Polycomp International Corporation (China), Jushi Group (China) Complete report on Composites Market spread across 202 pages, 14 profiling companies and supported with 86 tables and 68 figures is now available at http://www.rnrmarketresearch.com/composites-market-by-type-carbon-compositesglass-composites-and-aramid-composites-by-manufacturing-technology-layupfilament-winding-injection-molding-pultrusion-compression-molding-etc-marketreport.html .

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Composites Market: Global Trends and Forecasts to 2021 Table of Contents: 1 Introduction 2 Research Methodology

3 Executive Summary 4 Premium Insights

7 Macro Economic Overview and Key Trends 8 Composites Market, By Fiber Type 9 Composites Market, By Resin Type 10 Composites Market, By Manufacturing Process

5 Market Overview 6 Industry Trends Purchase a copy of this report : http://www.rnrmarketresearch.com/contacts/purchase?rname=307618 . Š RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441

Composites Market: Global Trends and Forecasts to 2021 For more details contact Mr. Ritesh Tiwari: sales@rnrmarketresearch.com / +18883915441

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