High-Temperature Composite Materials Market by Temperature Range (High and Ultra-High), Matrix System (PMC, CMC and MMC Materials), Application (Aerospace & Defense, Transportation, Energy & Power, E&E and Others) and by Region - Global Forecasts to 2021 By MarketsandMarkets Published: Jul-2016 Single User : US $5650 Corporate User : US $8150
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High-Temperature Composite Materials Market: Global Forecast to 2021 “Increasing demand for FST compliant materials to drive the high-temperature composite materials market” The high-temperature composite materials market is projected to reach USD 5.01 billion by 2021, registering a CAGR of 8.41% between 2016 and 2021. The major drivers of the hightemperature composite materials market are introduction of safety norms in public transport and increasing demand for lightweight and high-performance composite materials in aerospace & defense, transportation, and energy & power industries. “Aerospace & defense the most lucrative application in the high-temperature composite materials market.” The key drivers of high-temperature composite materials in the aerospace & defense industry are lightweight, FST compliance, excellent safety & acoustic features, and government regulations. In order to comply with regulatory norms, aerospace manufacturers such as GE Aviations (U.S.) and GE Honda Aero Engines (U.S.) have started using high-temperature composite materials to manufacture aerospace components such as jet turbines, nacelles, and radomes among other parts.
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High-Temperature Composite Materials Market: Global Forecast to 2021 “North America the fastest-growing market of high-temperature composite materials” North America is expected to be the fastest-growing market of high-temperature composite materials in the next five years. The development in infrastructure facilities, investment made by high-temperature composite materials manufacturers, and capacity expansions by various leading players are a few factors leading to the growth of the market in this region. The U.S. leads the high-temperature composite materials market in North America. Its consumption of high-temperature composites has grown remarkably due to growth in the aerospace & defense and transportation industries. These primary sources have been divided into the following three categories: By company type- Tier 1- 50%, Tier 2- 37%, and Tier 3- 13% By designation- C Level- 46%, Director Level- 33%, and Others- 21% By region- North America- 34%, Europe- 31%, Asia-Pacific- 23%, Latin America- 7%,and the Middle East & Africa- 5%
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High-Temperature Composite Materials Market: Global Forecast to 2021 The report also includes company profiles and competitive strategies adopted by the key market players, such as Royal Ten Cate N.V. (Netherlands), Kyocera Corporation (Japan), BASF SE (Germany), SGL Group (Germany), Schweiter Technologies (Switzerland), Henkel AG & Co. KGaA (Germany), Hexion, Inc. (U.S.), Ube Industries Ltd. (Japan), Solvay Group (Belgium), Nippon Carbon Company Ltd. (Japan), Renegade Materials Corporation (U.S.). Complete report on High Temperature Composite Materials Market spread across 137 pages, profiling 11 companies and supported with 70 tables and 50 figures is now available at http://www.rnrmarketresearch.com/high-temperature-composite-materialsmarket-by-temperature-range-high-and-ultra-high-matrix-system-pmc-cmc-andmmc-materials-application-aerospace-defense-transportation-energy-power-e-eand-others-a-ts-to-2021-market-report.html .
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High-Temperature Composite Materials Market: Global Forecast to 2021 Table of Contents: 1 Introduction
2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview
7 High-Temperature Composites Market, By Temperature Range 8 High-Temperature Composite Materials Market, By Matrix System 9 High-Temperature Composite Materials Market, By Application
6 Macroeconomic Overview and Key Trends
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High-Temperature Composite Materials Market: Global Forecast to 2021 For more details contact Mr. Ritesh Tiwari: sales@rnrmarketresearch.com / +18883915441
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