Latest industry research report on Composites Market. Rise in demand from the end user industries drives the composites market. Improved properties such as high fatigue life, high strength and modulus, reduced weight, acoustic insulation, and corrosion resistance have led to an increase in the demand. Volatility in the raw material prices and non-recyclable nature of composites pose a great threat in the growth of the market.
Composites are made up of two or more materials at microscopic level having chemically distinct phase. Based on the matrix, composites are classified into polymer, metal, ceramic, carbon, and graphite.
Its enhanced desired properties make it applicable to be used in several industries such as aerospace & defense and construction.
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Comprehensive competitive analysis and profiles of major market players such as Hexcel Corporation, Huntsman Corporation, Toray Industries, Teijin Limited, and Owens Corning are also provided in this report. The target end users for these companies can be categorized as automotive, aerospace, construction, and wind energy related companies such as BMW, Ford, Bell Helicopter, Boeing, Mercedes-Benz, and Vestas.
The report segments the composites market on the basis of fiber type, resin type, manufacturing process, and application.
By Fiber Type
By Resin Type
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By Manufacturing Type
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