DUBLIN, March 2, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/zx7sgn/fillers_in_the) has announced the addition of the "Fillers in the Global Composite Industry 2015-2020: Trends, Forecasts and Opportunity Analysis 2016" report to their offering.
Fillers in the global composites industry is forecast to grow at a CAGR of 4.9% by value from 2015 to 2020.
According to a new market report, the future of fillers in the global composites market looks good with opportunities in the transportation, construction, pipe and tank, and electrical and electronic application segments. The major drivers of growth for this market are the increasing demand for sheet molding and bulk molding compounds from transportation and construction sectors.
In this market, calcium carbonate, aluminum trihydrate (ATH), and others are used as fillers in composites. The author predicts that demand of ATH is likely to experience the highest growth rate in the forecast period due to increase in safety regulations and its good flame retardant properties.
Within fillers in the global composites industry, the electrical and electronic industry is expected to remain as the largest market by value consumption. Continuous increase in stringent safety standards with focus on the use of environmentally friendly materials is expected to spur growth for electrical and electronics segment over the forecast period.
North America is expected to remain the largest market by value due to increasing usage of environmentally friendly flame retardant material.
Asia Pacific and Rest of the world are expected to grow significantly over the forecast period due to the growth in the composites industry supported by rapid growth in building and construction activity and growth in automotive production.
The emerging trends, which have a direct impact on the dynamics of the industry, include growing consumption of nano fillers, original equipment manufacturers (OEMs) commitment towards the use of non-halogenated flame retardants, and increasing demand of glass microspheres. Nabaltec, Huber Engineered Materials, Albemarle, Mineral Technologies, and Imerys are among the major suppliers of fillers in the global composites industry. Some companies are opting for merger and acquisition as a strategic initiative for driving growth.
Key Topics Covered:
1. Executive Summary
2. Fillers in the Global Composite Industry Background and Classification
3. Market Trend and Forecast Analysis
4. Competitor Analysis
5. Growth Opportunity & Strategic Analysis
6. Company Profiles of Leading Players
- Albemarle - Almatis - Huber Engineered Materials - Imerys - Mineral Technologies - Nabaltec - Omya - Sibelco - TOR Minerals - US Silica
For more information visit http://www.researchandmarkets.com/research/zx7sgn/fillers_in_the
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SOURCE Research and Markets