Global Advanced Polymer Composites Market 2015-2019 - Increase in Demand for Carbon Fiber-reinforced Polymer Composites

11 Dec, 2015, 09:00 ET from Research and Markets

DUBLIN, December 11, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/5sdspd/global_advanced) has announced the addition of the "Global Advanced Polymer Composites Market 2015-2019"  report to their offering.

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This report covers the present scenario and the growth prospects of the global advanced polymer composites market for the period 2015-2019 and forecasts that the market will grow at a CAGR of 8.13%.

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).

More and more vendors in the market are focusing on the R&D of technologically advanced products for such applications. The introduction of new low-cost polymer composites for wind energy applications is expected to lead to the manufacture of wind turbine blades that are stronger, lighter, and longer. These blades capable of creating more energy than shorter ones. For instance, Hexcel offers HexPly prepreg, which is a polymer composite made of epoxy resins and reinforced with glass or carbon fiber.

According to the report, the global advanced polymer composites market is experiencing an increase in demand for applications in the aerospace sector. An increasing number of newly introduced larger commercial aircraft manufacturers are focusing on weight reduction to enhance fuel efficiency in these aircraft, which can be achieved through the use of advanced polymer composites. Polymer composites, especially epoxy-based polymer composites, are used to manufacture aircraft components and parts such as rudders, landing gear, and engine nacelles.

Further, the report states that the production of larger volumes of these products at economical prices could become a challenge as demand increases.

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

Key Topics Covered: 

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Market segmentation by type of fiber

Part 08: Geographical segmentation

Part 09: Market drivers

Part 10: Impact of drivers

Part 11: Market challenges

Part 12: Impact of drivers and challenges

Part 13: Market trends

Part 14: Vendor landscape

Part 15: Value Chain Analysis

Part 16: Key vendor analysis 

For more information visit http://www.researchandmarkets.com/research/5sdspd/global_advanced

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