Global Composite Preforms Market Likely to Reach $302 Million by 2021, and Global High Performance Glass Fiber Market Expected to Reach $337 Million by 2021; as Per Two New Reports Launched by Stratview Research

06 Sep, 2016, 07:30 ET from Stratview Research

DETROIT, September 6, 2016 /PRNewswire/ --

Stratview Research announces the launch of following two exclusive market research reports:

Global Composite Preforms Market by Application Segment (Aerospace & Defense, Automotive, Consumer Goods, Infrastructure, Medical, Marine, and Others), by Fiber Type (Glass Fiber, Carbon Fiber, and Others), by Product Type (Braiding, Weaving, Stitching, and Knitting), by Structure Type (One-D, Two-D, and Three-D), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 - 2021

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Global High Performance Glass Fiber Market by End Use Industry (Aerospace & Defense, Sporting Goods, Automotive, Wind Energy, Electrical & Electronics, and Others), by Usage (Polymer Composites and Non-Polymer Composites), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 - 2021

These market reports from Stratview Research study the global composite preforms market and global high performance glass fiber market over the period 2010 to 2021. The reports provide detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in both the markets.

The Global Composite Preforms Market: Highlights 

As per Stratview Research, the global composite preforms market offers an excellent growth of 8.5% CAGR during the forecast period of 2016 to 2021, which offers an opportunity to the composites industry players to align themselves with the market growth. Currently most of the composite preforms are used in the turbofan engine applications for commercial aircraft, for e.g. fan blade.

There are a number of factors bolstering the growth of composite preforms over the period 2010 to 2021. The author of the report cited increasing usage of composites in aerospace & defense and automotive, ability to develop complex parts, excellent product strength, and shortened cycle time are the major drivers providing growth momentum to the global composite preforms market. Currently, many OEMs are heavily betting on composite preforms based highly automated High Pressure Resin Transfer Molding (HP-RTM) for the structural applications in their mass produced vehicles.

Aerospace & defense is expected to remain the dominant application segment in the composite preforms market whereas automotive is expected to experience the fastest growth over the next five years. During the last ten years, governments of many countries have imposed stringent regulations on the automotive industry by setting up targets related to vehicles' fuel efficiency and carbon emissions, which has compelled auto OEMs to look for the best alternatives for achieving those targets. Composite preform is one of the best available alternatives for achieving those targets. 

North America is expected to remain the dominant region in the composite preforms market, the region being the manufacturing hub of major turbofan engine OEMs. 

The key composite preform manufactures are A&P technology, Albany Engineered Composites, Bally Ribbon Mills, Sigmatex, SGL Kumpers GmbH.

The Global High Performance Glass Fiber Market: Highlights 

Stratview Research foresees a robust growth of 9.2% CAGR in the global high performance glass fiber market over the next five years (2016 - 2021), which offers an opportunity to the composites industry players to align themselves with the market growth.

The author stated that aerospace & defense industry segment is expected to remain the growth engine of high performance glass fiber market during the forecast period. Increasing aerospace & defense deliveries, automotive production, and increasing high performance fiber penetration in performance driven applications, such as helicopter blade and ballistic armor are the key growth drivers of the high performance glass fiber market.

North America is expected to remain the largest market for high performance glass fiber market during the forecast period. Higher specific strength and modulus than E glass fiber and lower cost than other advanced fibers, such as carbon fiber make it a preferred material for high performance applications.

The key high performance glass fiber manufactures are AGY Holdings, Owens Corning, CPIC Fiber Glass, Nittobo, and 3B Fiberglass.

Report Features 

The mentioned reports provide respective market intelligence in the most comprehensive way. The reports' structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter's five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

Stratview Research has a number of high value market reports in the global composites and advanced materials industry. Please refer to the following link to browse through our reports:  

Click Here for Other Reports from Stratview Research in the Composites and Advanced Materials Industry

Some of our other premium market reports in the composites industry: 

Global Non-Woven Prepreg Market by Fiber Type, by End Use Industry Type, by Sales Channel, by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 - 2021

  • Global non-woven prepreg market likely to grow at 9.2% CAGR during the forecast period of 2016 to 2021.
  • Increasing installations of large MW wind turbines, increasing use of composites in aerospace & defense and automotive industries, and recovering boat sales as some of the major growth drivers of the non-woven prepreg market.

Global Silicon Carbide (SiC) Fibers Market by Fiber Type, by Application Type, by Usage Type, by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 - 2021

  • Global SiC fibers market likely to grow at 8.2% CAGR during forecast period of 2016 to 2021.
  • Technological advancement, development of new applications in high temperature areas, and high focus of major engine manufacturers to increase the use of SiC fibers in upcoming engine models for commercial and military aircraft, are some of the major growth drivers of the SiC fibers market.

Global Metal Coated Fiber Market by Material Type, by Application Type, by Form of Use, by Plating Type, by Sales Channel, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016-2021

  • Global metal coated fiber market likely to grow at double digit CAGR during the forecast period of 2016 to 2021.
  • EMI shielding applications will continue to drive the metal coated fiber market during the forecast period.

About Stratview Research  

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.  

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SOURCE Stratview Research