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Top 10 High Growth Composite Material Market worth 105.26 Billion USD by 2021

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Top 10 High Growth Composite Material Market by Resin Type (Thermosetting Resin, Thermoplastic Resin), Fiber Type (Carbon, Glass, Aramid), Application (Aerospace & Defense, Wind Energy, Transportation, Sporting Goods), and Region - Global Forecasts to 2021 – PowerPoint PPT presentation

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Title: Top 10 High Growth Composite Material Market worth 105.26 Billion USD by 2021


1
MarketsandMarkets Presents
Top 10 High Growth Composite Material Market by
Resin Type, Fiber Type, Application Region -
Global Forecasts to 2021

2
Top 10 High Growth Composite Material Market
worth 105.26 Billion USD by 2021
The report "Top 10 High Growth Composite
Material Market by Resin Type (Thermosetting
Resin, Thermoplastic Resin), Fiber Type (Carbon,
Glass, Aramid), Application (Aerospace Defense,
Wind Energy, Transportation, Sporting Goods), and
Region - Global Forecasts to 2021", The market
for top 10 high growth composite materials is
estimated to grow from USD 69.50 Billion in 2015
to USD 105.26 Billion by 2021, at a CAGR of 7.04
between 2016 and 2021.
3
Top 10 High Growth Composite Material Market
worth 105.26 Billion USD by 2021
Browse gtgt 82 data tables
129 figures
216 pages and in-depth TOC on Top 10 High
Growth Composite Material Market Early buyers
will receive 10 customization on this
report. This is a Premium Report Priced at US
5650 for single user. The market for top 10
high growth composite materials is estimated to
grow from USD 69.50 Billion in 2015 to USD 105.26
Billion by 2021, at a CAGR of 7.04 between 2016
and 2021. Report Price Single User License
US 5650 Corporate User License US 8150
4
Top 10 High Growth Composite Material Market
worth 105.26 Billion USD by 2021
The composites market is expected to witness
significant growth, owing to high demand from its
end-use applications. Increasing demand for high
performance and lightweight materials, which are
used in various end-use applications is a key
factors expected to fuel the growth of the
market. Fibers, resins, core materials,
intermediate materials, such as prepreg, SMC
BMC, LFT, and final products including
pultrusion, CFRP, NFT, and CMC are the major
composites materials and are discussed in this
report.
5
Top 10 High Growth Composite Material Market
worth 105.26 Billion USD by 2021
The carbon fiber reinforced plastics segment is
expected to witness significant growth, due to
the rising demand from the aerospace, automotive,
and wind energy applications The carbon fiber
reinforced plastics segment is expected to
witness significant growth, since various
research agencies are focusing on the development
of cost-effective production technologies. Carbon
Fiber Reinforced Plastics (CFRP) is a lightweight
material, which reduces the overall weight of
automobiles and thus lowers fuel consumption and
carbon emissions.
6
Top 10 High Growth Composite Material Market
worth 105.26 Billion USD by 2021
Increasing adoption in the wind energy industry
is expected to boost the growth of top 10 high
growth composite materials market According to
the Global Wind Energy Council (GWEC), by 2035,
the renewable energy sector is expected to
generate more than 25 of the worlds
electricity, and a quarter of this is expected to
be derived from wind. With the increasing demand
for wind energy, the demand for core materials is
also rising for manufacturing of wind energy
blades, as these materials are economical and
have low-density and high performance
7
Top 10 High Growth Composite Material Market
worth 105.26 Billion USD by 2021
Asia-pacific is estimated to be the largest
market for top 10 high growth composite
materials Asia-Pacific is estimated to be the
largest market for top 10 high growth composite
materials, owing to the high demand from the wind
energy, electrical electronics, and
construction applications in the region. Easy
availability of raw materials, low labor cost,
growing manufacturing industries, and capacity
expansions by various manufacturers are expected
to further boost the growth of the top 10 high
growth composite materials market in Asia-Pacific.
8
Top 10 High Growth Composite Material Market
worth 105.26 Billion USD by 2021
Key Players - Some of the key players in the
composites market include Owens Corning (U.S.),
Strongwell Corporation (U.S.), Toray Industries
Inc. (Japan), Teijin Limited (Japan), DAIB Group
(Sweden), and Celanese Corporation (U.S.). These
players have adopted various organic and
inorganic developmental strategies in the past
five years to maintain their position in the top
10 high growth composite materials
market. Purchase a Copy of this Report Today !

9
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Mr. RohanMarketsandMarkets701 Pike Street
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Tel 1-888-6006-441Email sales_at_marketsandmarke
ts.com 
10
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