Global Composites Market Trends, Forecast and Competitive Analysis Report 2019

News provided by

Apr 12, 2019, 15:15 ET

DUBLIN, April 12, 2019 /PRNewswire/ --

The "Composites Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

The global composite materials market is expected to reach an estimated $40.2 billion by 2024 and it is forecast to grow at a CAGR of 3.3% from 2019 to 2024. The global composites end product market is expected to reach an estimated $114.7 billion by 2024.

The future of the global composites market looks attractive with opportunities in transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronics, aerospace, and others. The major drivers for growth in this market are increasing demand for lightweight materials in the aerospace & defense and automotive industry; corrosion and chemical resistance materials demand in construction and pipe & tank industry; electrical resistivity and high flame retardant materials demand in electrical and electronics industry.

Emerging trends, which have a direct impact on the dynamics of the industry, include the development of low-cost carbon fibers, high-performance glass fiber, and rapid cure resin system.

The report forecasts that the aerospace and wind energy segments are expected to show above average growth during the forecast period from 2019 to 2024.

Within the global composites market, injection molding, hand layup, compression molding, spray up, filament winding, resin infusion, and prepreg layup are some of the major processes utilized to manufacture composite parts. Injection molding is expected to be the largest process in terms of value and volume in composite manufacturing because of low cycle time, low manufacturing cost, and the ability to make complex shapes.

Asia Pacific is expected to remain the largest region by value and volume; this region is also expected to experience the highest growth over the forecast period because of growth in construction, transportation, and the electrical and electronics segments. The major drivers for growth are increasing automotive production, high growth in construction, and infrastructure development.

Key Topics Covered:

1. Executive Summary

2. About the Composites Industry
2.1: What is the Composites Industry?
2.2: Characteristics of the Composites Industry

3. Competitive Analysis of the Steel, Aluminum, Plastics, and Composites Industries
3.1: Competitive Analysis
3.2: Plastics Industry Overview
3.3: Steel Industry Overview
3.4: Aluminum Industry Overview
3.5: Composites Industry Overview

4. Global Reinforcement Market
4.1: Functions of Fibers and Resin Materials in Composites
4.2: Global Composites Market by Fiber Type
4.3: Global Market Size for Reinforcements
4.3.1: Glass Fiber Market Size by Product Form
4.3.2: Aramid Fiber Market
4.4: Market Leaders
4.4.1: Glass Fiber Market Leaders
4.4.2: Carbon Fiber Market Leaders
4.4.3: Aramid Fiber Market Leaders

5. Global Resin Market
5.1: Types of Resin
5.1.1: Thermoset Resins for the Composites Industry
5.2: Price and Weight Distribution of Various Ingredients in Composites
5.2.1: Polyester Resin Applications
5.3: Resin Market

6. Global Composites Market by Material Type
6.1: Advanced Composites Market
6.2: Raw Materials Market
6.3: Thermoset and Thermoplastic Composites Market
6.4: Thermoplastic Composites Market by Product Form
6.4.1: LFRT or LFT (Long Fiber Thermoplastic Composites)
6.4.2: GMT
6.4.3: Continuous Fiber TPCs
6.5: Composites Market by Molding Compounds

7. Global Composites by Market Segment
7.1: Global Composites Market by Segment
7.2: Driving Forces for the Use of Composite Materials
7.3: Key Requirements in Various Market Segments
7.4: Transportation Industry Market Outlook and Trends
7.4.1: Automotive Industry Challenges
7.5: Market Outlook and Trends for the Aerospace and Defense Industry
7.6: Market Outlook and Trends for the Construction Industry
7.6.1: Composites in Bridge Applications
7.6.2: Challenges in Bridge Applications
7.6.3: Non-Bridge Applications
7.7: Pipe and Tank Industry Analysis
7.8: Marine Market Outlook and Industry Trends
7.9: Consumer Goods Market Outlook and Industry Trends
7.10: Electrical and Electronic Industry Outlook
7.11: Wind Energy

8. Global Composites Market by Manufacturing Process
8.1: Global Composites Market by Manufacturing Process

9. Trends and Forecast
9.1: Industry Challenges in Recent Years
9.1.1: Energy Cost Squeeze
9.1.2: Challenges of the Glass Fiber Industry
9.1.3: Relative Safety
9.1.4: Challenge to Fabricators
9.2: Trends in Global the Composites Industry
9.2.1: Market Trends by Region
9.2.1.1: Market Trends by Application
9.3: Trends in North American Composites Industry
9.4: Trends in the European Composites Industry
9.5: Trends in the Asian Composites Industry
9.6: Composites Industry Forecast
9.7: Forecast for the North American Composites Industry
9.8: Forecast for the European Composites Industry
9.9: Forecast for the Asian Composites Industry
9.10: Trend and Forecast for Composite Manufacturing Processes

10. Regional Analysis
10.1: Composite Shipments by Region
10.2: Composite Consumption by Country
10.2.1: Shipments in North American Countries
10.2.2: Shipments in European Countries
10.2.2.1: Shipments in Asia Pacific Countries
10.3: Composite Applications by Region
10.3.1: Composite Markets in North America
10.3.2: Composite Markets in Europe
10.3.3: Composite Markets in Asia Pacific

11. Value Chain Analysis and Industry Leaders
11.1: Value Chain Analysis
11.2: Industry Leaders
11.2.1: Industry Leaders in Material Supplier Category
11.2.2: Leaders in End Use Markets

12. Material and Technology Needs for the Future Composites Industry
12.1: Need for Low-Cost Raw Materials
12.2: Resins and Fiber Materials with Higher Strain to Failure
12.3: Better UV and Chemical Resistant Materials
12.4: Low-Cost Manufacturing Process for Large and Small Parts
12.5: Need for High Temperature Composite Materials
12.6: Low Shrinkage Materials
12.7: Composite Materials with improved Wear and Tear Resistance
12.8: Damping and Noise Resistance Materials
12.9: Optimal Resin and Additive Systems for Closed Molding Operations
12.10: Products Manufacturability and Affordability
12.11: Flexible Gelcoats
12.12: Flame Resistant Materials
12.13: Self-Healing Materials
12.14: Manufacturing Process with Lower Processing Time
12.15: Flexible Honeycomb Core
12.16: Fabric Wrinkling Resistance
12.17: Method of Cutting Wet Prepregs
12.18: Need for Moisture Resistant Honeycomb Cores
12.19: Fast Cure Epoxy Resin

13. Innovations in the Composites Industry
13.1: Gurit's Balsaflex Lite for Wind Blades
13.2: Gurit's Ampreg 30 Laminating System
13.3: Polynt Composites: low-styrene content (LSC) unsaturated polyester resins
13.4: Novel Water-Insensitive Curing Systems for Bio-Fiber Reinforced Composites
13.5: New High Tensile Carbon Fiber
13.6: New Meta-Aramid Fiber
13.7: New Composite Toughening System
13.8: New Black Para-Aramid Fiber
13.9: PulStrand 4100 Roving
13.10: New Thermoplastic Textile Prepreg Flame-Retardant, High-Modulus
13.11: Novel Nonwovens to Increase Composite Functionality
13.12: Advalite - Resins for Composite Applications
13.13: Owens Corning's Performax Roving
13.14: Johns Manville's ThermoFlow 636, a New Chopped Strand Glass Fiber
13.15: Dow Introduced New Polyurethane Series VORAFORCE TW 1100
13.16: Cytec Industrial Materials' New Prepreg MTM 23 for Automotive
13.17: Momentive's EPIKOTE Binder System 620 for Automotive
13.18: New Two Part Epoxy Resin System by Cytec
13.19: Cytec Industries' Vinyl Ester Prepreg for Automotive
13.20: Hexcel's Epoxy Prepreg HexPly M77
13.21: AOC's Low-Density Sheet Molding Compound
13.22: PremierUV-Sheet Molding Compound by The Composite Group
13.23: Core Molding Technologies' Airilite Ultra-Low-Density SMC
13.24: Globe Machine Manufacturing's Second Generation Autoclave Processing Technology
13.25: Magnum Venus' Mix Gun Talon-X with Enhanced Features

For more information about this report visit https://www.researchandmarkets.com/r/sb8bla

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets