Global Advance Polymer Composites Market to Hit US$12.1 bn by 2020

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Global Advance Polymer Composites Market Global
Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2014 - 2020
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Global Advance Polymer Composites Market
Overview

• The competitive landscape of the global advanced
  polymer composites market is fragmented with
  presence of several players across the globe.
• They help reduce friction and wear and tear of
  operating parts of machines. Lubricants possess
  properties such as high boiling point, high
  viscosity index, corrosion prevention, thermal
  stability, low freezing point, and high
  resistivity to oxidation.
• They extend the shelf-life of mechanical parts,
  thereby providing higher efficiency.
• Lubricants are employed to facilitate smooth
  operation of mechanical parts and eliminate any
  residues deposited on these parts.
• Key lubricant products include metalworking
  fluids, process oil, transformer oil, industrial
  lubes greases, and industrial oil.

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Aerospace Industry Makes a Heavy Impact on the
Global Advanced Polymer Composites Market

• The end-user industries in the global advanced
  polymer composites market are marine, electrical
  and electronics, aerospace and aviation, consumer
  goods, automotive, and energy amongst others.
•  Out of these, the aerospace industry is expected
  to lead the global market in the coming years. As
  of 2013, the industry held a 40 share in the
  global market and the trend is expected to
  continue as industry continues to invest in
  research and development, overhauling of existing
  machines, and building new ones as air travel
  becomes an indispensable part of modern
  living. The middle class population is now trying
  to scale their lifestyles. This trend has not
  gone unnoticed for the manufacturers of
  lubricants.  
• The soaring demand for aircraft carriers from a
  defense and logistics side will also boost the
  uptake of advanced polymer composites in the
  aerospace industry.

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1.Owens Corning, 2.SGL Carbon, 3.Cristex
4.Solvay 5.Toray Industries 6.Mitsubishi Rayon
7.Hexcel 8.Cytec Industries, 9.Arkema, and
BASF

• Some of the leading players in the Global
  Advanced Polymer Composites Market

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