Oct 20, 2017   SOURCE: BusinessWire

Advanced Composites Market 2017 by Fiber Type, Resin Type, Manufacturing Process, End-Use Industry & Region - Global Forecast to 2022 - Research and Markets

The "Advanced Composites Market by Fiber Type (Carbon, S-Glass, Aramid), Resin Type (Thermosetting, Thermoplastic), Manufacturing Process (Filament Winding, Injection Molding, Pultrusion), End-use Industry, Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The Advanced Composites Market is Projected to Reach USD 38.41 Billion By 2022 from An Estimated USD 22.91 By 2017, at a CAGR of 10.89% Between 2017 And 2022.

Increasing use of advanced composites in the aerospace & defense, transportation, sporting goods, wind energy, and civil engineering end-use industries is driving the growth of the advanced composites market across the globe. However, the high processing and manufacturing costs of advanced composites and lack of standardization in advanced composite manufacturing technologies are factors expected to restrain the growth of the advanced composites market during the forecast period.

The aerospace & defense industry is projected to lead the advanced composites market during the forecast period. The growth of this industry segment of the advanced composites market can be attributed to increased use of advanced composites in aircraft structures. Advanced composites are used in various aircraft structures such as wings, fuselage, and aircraft interiors, among others as these can survive extreme operating conditions such as high stress, shocks, and impact loads. Thus, there is an increase in the demand for advanced composites for the manufacture of new generation aircraft such as Airbus A350 XWB and A320neo, and the Boeing 787 and 737 MAX.

North America is the largest consumer of advanced composites in the world, followed by Europe. Both, Europe and North America are expected to be the most promising markets for advanced composites during the next five years. Mass production in the transportation and aerospace & defense industries with the use of advanced composites is a major factor that is expected to lead to the growth of the Europe and North America advanced composites markets. The US is the largest market in North America due to a high demand for advanced composites from the transportation and aerospace & defense industries.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Macro Economic Overview And Key Trends

7 Advanced Composites Market, By Fiber Type

8 Advanced Composite Market, By Resin Type

9 Advanced Composites Market, By Manufacturing Process

10 Advanced Composites Market, By End-Use Industry

11 Advanced Composites Market, By Region

12 Competitive Landscape

13 Company Profiles

  • Advanced Composites Inc.
  • AGY
  • Basf Se
  • Dowaksa
  • E. I. Du Pont Nemours & Co.
  • Gaffco Ballistics
  • Gurit
  • Henkel Ag & Co. Kgaa
  • Hexcel Corporation
  • Hexion
  • Honeywell International Inc.
  • Huntsman International, Llc.
  • Hyosung
  • Kineco-Kaman
  • Koninklijke Ten Cate Bv.
  • Mitsubishi Chemical Holdings Corporation
  • Nippon Graphite Fiber Co., Ltd.
  • Owens Corning
  • Plasan Carbon Composites, Inc.
  • Quantum Composites
  • Recent Developments
  • Renegade Materials Corporation
  • SGL Group
  • Solvay
  • Teijin Limited
  • Toray Industries, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/d282c8/advanced