Albany, NY -- (SBWire) -- 07/13/2016 --Composites are made up of two or more materials with different properties, which are combined to exhibit unique characteristics. Polymer composites are made up of two major components: a polymer matrix and a reinforcing fiber material. A variety of fibers (like carbon, glass, and aramid) and polymer resins (such as epoxy, polyester, phenol, and polyacrylic) are used in manufacturing polymer composites. These polymer composites have applications in the aerospace and aviation, automotive, electronics, energy, and marine segments.
The global advanced polymer composites market to grow at a CAGR of 8.13% over 2014-2019. This report covers the present scenario and the growth prospects of the global advanced polymer composites market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of advanced polymer composites. It also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. In addition, the report provides data on various segments of the market, which are based on the criteria such as type (glass, carbon, and aramid), application (aerospace and aviation, automotive, energy, electronics, marine, and others), and geography (North America, Europe, APAC, and ROW).
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In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.
Technavio's report, Global Advanced Polymer Composites Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
Key vendors
- Cytec
- Hexcel
- Owens Corning
- SGL
- TenCate
Other prominent vendors
- 3B
- DuPont
- GKN
- Gurit
- Kemrock Industries and Exports
- Mitsubishi Rayon
- Teijin
- Toray Industries
- TPI Composites
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Key questions answered in this report:
- What will the market size be in 2019 in terms of both revenue and unit shipments 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?
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At a CAGR of 8.13%, Global Advanced Polymer Composites Market to Rise over 2015-2019
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