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Composite Market report for 2025 – Companies, applications, products and more

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Composite Market report is an exhaustive research on companies active in Composite sector, its applications, products, end-users, trends and predictions on how the market will grow in coming years. – PowerPoint PPT presentation

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Title: Composite Market report for 2025 – Companies, applications, products and more


1
Composite Market to Witness A Phenomenal Growth
over 2018 to 2025
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2
Global Market Scenario of Composite Industry
  • Population growth attracts huge investments in
    the infrastructure, automobile, energy and
    aerospace and defence sector which will drive the
    Composite Market size in the forecast timeframe.
  • Product possesses properties like high strength
    to weight ratio, high fatigue resistance,
    resistance to chemicals, thermal insulating
    properties, high impact strength which makes it
    suitable for the above-mentioned industries.
  • Global Composite Market size is witnessing a
    decent growth and is expected to follow the trend
    over the forecast spell. The major application of
    the composites is in the industries such as
    aerospace and defence, infrastructure,
    automobile, energy, pipe, and tank marine.
  • Composites are widely used in defence and
    aerospace sector for manufacturing aircraft,
    helicopter, spacecraft structural parts, personal
    armours, light weight bullet proof jackets,
    ballistic barriers, riot gears, etc. Improving
    economic conditions across the world and
    instability in some regions are the factors for
    the increase in defence spending.
  • U.S. is one of the top suppliers of military
    aircraft, leader in manufacturing civil airplanes
    spacecrafts the value of exports by U.S. in
    the aerospace sector is 146.0 billion in 2017.

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3
  • Product Analysis-
  • Based on the fibre type Composite Market size can
    be segmented into carbon fibres, fiberglass,
    aramid fiber others. Carbon fibres have
    excellent tensile strength and resistance to
    temperatures, these mentioned properties make it
    desirable for the application in the aerospace
    and defence sector. On the other hand, fiberglass
    is nonconductive but not strong as carbon fibre
    making it suitable for the broadcast and
    transmission application.
  • Based on the resin type the Composite Market size
    is classified into thermoplastics, thermosetting
    others these are polymers used in fibre
    reinforced composites. Thermoplastic composites
    have low density, good toughness strength and
    ability to remoulded. Thermoset composites are
    light in weight and have corrosion resistance
    making it suitable for the application in the
    marine, material handling, automobile aerospace
    industry verticals.
  • Regional Trends-
  • Asia Pacific constituted a major chunk of the
    overall Composite Market share in 2017. This is
    mainly attributed to strong product demand from
    aerospace defence, infrastructure and
    automobile sector.
  • Asia Pacific witnessed the largest infrastructure
    spending which was valued approximately over USD
    40.0 billion i.e. 59 of the global
    infrastructure spending in 2017. Product is
    extensively used in infrastructure industry for
    retrofitting of structure and as reinforcing
    materials in repair. FRP (Fibre Reinforced
    Plastic) are now used in bridge decks.

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www.gminsights.com
4
Market Research Reports Key Analytical Components
Request for table of contents for this report
_at_https//bit.ly/2OINcwG
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5
  • Competitive Trends
  • Some of the Composite Market share players are
    SGL Group, Hexcel Corporation, Huntsman
    Corporation, Tensar International Corporation,
    Toray Industries, Inc., Tenjin Limited, Owens
    Corning, Jushi Group, Oray Industries Inc.,
    Kononklijke Ten cate.
  • The global Composite Market is highly fragmented
    with the presence of large number of player.
    Threat of new entrants in market is medium as it
    requires technical expertise and high cost of raw
    material which signifies high initial
    investments.
  • Companies are investing to tap the regional
    markets by adopting organic growth strategies of
    expansions and agreements. For instance, Toray
    industries Inc. has announced the opening of
    their subsidiary in India they are positioning
    it as a base for their advanced material
    business as they will have the capability to tap
    the South Asia market.

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Rights Reserved
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6
Latest Research Report On Composite
Market_at_ https//bit.ly/2Ayc6fn Request for
table of contents for this report
_at_https//bit.ly/2OINcwG Inquire Before Buying
This Report_at_https//bit.ly/2LXLGYZ
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Rights Reserved
www.gminsights.com
7
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
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