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Global Epoxy Composite Market
Posted: Oct 12, 2019
Global Epoxy Composite Market was valued US$ 21.9 Bn in 2018 and is expected to reach US$ 37.89 Bn by 2026, at CAGR of 7.09% during forecast period.
Epoxy composite’s superior properties such as high strength, lightweight, and durability are increasing its applications in various industrial applications. Increasing demand for epoxy composite in wind energy, automotive & & transportation, aerospace & defence, and construction industries are expected to drive the market in forecast period. However, high volatility in the raw material prices and issues related to recyclability can restrain the development of the global epoxy composite market.
Based on fabric type segment, Glass fiber-based epoxy composites offer better fabrication adaptability, high durability and high strength-to-weight ratio, demand for epoxy composites are expected to increase the applications in the industries like wind energy, oil & gas, pipe & tank, electrical & electronics, and marine, among others. The report has analysed each of these application industries by region to understand the course of market in the forecast period. The countries that are on forefront in investment are analysed with the investment being done and expected in the forecast period. Country wise analysis of industry from supply side will give micro-level picture of the industry to the decision makers.
In terms of region, Asia-Pacific dominated the global Epoxy Composite Market, globally, because of the presence of growing wind automotive & transportation, energy, and aerospace & defence industries in the region. Furthermore, the presence of large epoxy composite manufacturers, growing economy, and rapid urbanization in the region are expected to fuel the use of global epoxy composites market in construction, pipe & tank, electrical & electronics, and marine industries. The market for PCB, wherein glass fiber-based epoxy composites are widely used, is increasing rapidly in this region.
The report offers company market share analysis in order to give a broader overview of the key players in the market. The report also covers key calculated developments of the market including acquisitions & mergers, partnerships, agreements collaborations & joint ventures, Fabric Manufacturing Process, research & development, and regional development of major members involved in the market on a global and regional basis. Furthermore, the study covers price trend analysis, and Fabric Manufacturing Process portfolio of various companies according to the region.
The objective of the report is to present a comprehensive assessment of the market and contains thought full insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the Global Epoxy Composite Market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by Fabric Manufacturing Process, price, financial position, Fabric Manufacturing Process portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Epoxy Composite Market.Scope of Global Epoxy Composite Market:
Global Epoxy Composite Market, By Fabric Type
- Glass Fiber
- Carbon Fiber
- Other Fibers
Global Epoxy Composite Market, By Manufacturing Process
- Layup Process
- Compression Molding Process
- Resin Injection Molding Process
- Resin Transfer Molding Process
- Filament Winding Process
- Pultrusion Process
Global Epoxy Composite Market, By End-Use Industry
- Wind Energy
- Aerospace & Defense
- Automotive & Transportation
- Sporting Goods
- Electrical & Electronics
- Pipe & Tank
- Marine
- Others
Global Epoxy Composite Market, By Region
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Key Players Operated in Market Include:
- Cytec Solvay Group
- Hexcel Corporation
- Royal Tencate N.V.
- Teijin Limited
- Toray Industries Inc.
- Gurit Holding AG
- SGL Group
- Axiom Materials
- Mitsubishi Rayon Co., Ltd.
- Park Electrochemical Corporation
- Kemrock Industries and Exports Limited
- Sumitomo Bakelite Co., Ltd.
- Myko Engineering
- Rotec Composite Group B.V.
- Barrday
- Gordon Composites, Inc.
- Hindoostan Composite Solutions
- ATL Composites
- IDI Composites
- Isosport.This Report Is Submitted By @Maximize Market Research Company
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Name: Lumawant Godage
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Contact Us: Name: Lumawant Godage Organization: Maximize Market Research Email: sales@maximizemarketresearch.com Contact: +91 9607365656