Global Composite Materials Market 2015-2020 - Market is Expected to Grow to USD 84.92 Billion by 2020 with Toray Industries, Cytec Industries, Teijin, SGL Carbon & TenCate Dominating

Nov 24, 2015, 08:10 ET from Research and Markets

DUBLIN, Nov. 24, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/lpnvxs/composite) has announced the addition of the "Composite Materials Market 2015 - Global Forecast to 2020" report to their offering. 

The growth in this industry has been on a constant rise, given the changing emission norms across the globe along with increasing vehicle production. Manufacturers of composite materials are coming with new and advanced manufacturing process to make improved composite materials to meet rigorous standards.

In 2015, major trends in the automotive industry are towards delivering more fuel efficient vehicles, providing a safer vehicle for the end-users, and as well as reduction in exhaust emissions. Hence, composite materials manufacturers are striving to improve the materials used in a vehicle to provide the adequate fuel efficiency and vehicle manufacturers on controlling the emission systems with advanced technologies.

The rise in automotive production is positively impacting the automotive composite materials market in the region. The rise in production levels is accompanied by a growing inclination towards comfort and luxury, and an increasing demand for lightweight composite materials.

In North America and Europe, stringent EPA standards and Euro norms have led to an increased use for polymer matrix composites in vehicle applications. Moreover, advanced carbon fiber products further increases the strength and reduces the overall weight of the vehicle. This gives further push to the global market in these regions.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Composite Materials, By Manufacturing Process

7 Composite Materials Market, By Material Type

8 Composite Materials Market, By Application

9 Rolling Stock Composite Materials Market, By Region

10 Composite Materials Market, By Region

11 Competitive Landscape

12 Company Profiles

- Cytec Industries Inc. - Johns Manville - Johnson Controls Inc. - Jushi Group Co. Ltd. - Koninklijke Ten Cate Nv - Mitsubishi Rayon Co. Ltd. - Owens Corning - Sgl Carbon Se - Teijin Ltd. - Toray Industries, Inc.

For more information visit http://www.researchandmarkets.com/research/lpnvxs/composite

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



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