© 2016 Global Market Insights, Inc. USA. All Rights Reserved Advanced Polymer Composites Market Price, Trends, Industry Outlook & Forecast

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Advanced Polymer Composites Market is set to generate a significant momentum in the years ahead, primarily driven by the rising demand for polymer composites from the aerospace industry. The product finds its major application in the manufacturing of wings, ailerons, floor beams, landing gear doors, engine nacelles, elaborators, and other interior parts of an aircraft. Advanced Polymer Composites Market  With a coverage of 40% of the overall advanced polymer composites industry share in 2015, aviation parts emerged as the leading application segment in this market. An upswing in the preference of air transportation mode as a consequence of upgraded consumer lifestyles has also favored the advanced polymer composites industry expansion.  Growing deployment of auto parts such as tires, engines, body panels, instrument panels and windows have also resulted in an increase in global product sales. The advanced polymer composites market share from auto parts application is anticipated to grow at a rate of 7% over Global Market Scenario of Advanced Polymer Composites Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Statistics, such as the projection of growth rate of global passenger air traffic at a CAGR of 5% over , and rise in commercial aircraft deliveries which are estimated to surpass 1500 units by 2024, is depicting clear signs of growth and advancement in overall advanced polymer composites industry.  Reasons to Buy This Report: 1. Advanced Polymer Composites Market size & share forecast by product & application, Growth drivers, pitfalls & industry challenges 3. Key Advanced Polymer Composites Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles  These advanced polymer composites are manufactured by combining multiple materials having different characteristics. The two key components include a polymer matrix and a reinforcing fiber material which gives the polymer composites its strength and stiffness.  The product landscape of this industry comprises resins and fiber. Holding a revenue of over USD 3 billion in 2015, the global resins advanced polymer composites market accounted for 35% of the overall industry share in the same year. Continue…

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America led the overall advanced polymer composites market share and accounted for more than 35% of the global business share in Prevalence of massive customer base for automotive is the major factor contributing towards business growth. The region has substantial wind energy generation which is analyzed to boost product. In addition, the region has substantial number of customer for entertainment boats such as yachts, which may further boost industry growth in the region.  Asia Pacific is likely to observe highest growth between 2016 and Increasing automotive sales in the region due to improved consumer spending power, elevating aerospace industry in China & India and robust growth in the construction business are the factors contributing regional growth over the past few years. Regional Insights Request sample of this research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Inquire for Buying this  The global advanced polymer composites market share was highly fragmented due to presence several small industry share contributors. In addition, the key product manufacturers held for less than 20% of global business share in Some of the key industry participants are: BASF SE, Arkema S.A., Owens Corning Corporation, 3B-Fibreglass sprl, Cristex Ltd, SGL Carbon SE, Kemrock Industries and Exports Limited, Solvay S.A., Mitsubishi Rayon Co. Ltd., Toray Industries Inc., TPI Composites Inc., Koninklijke Ten Cate N.V., Cytec Industries Inc. and Hexcel Corporation. Advanced polymer composites market share contributors are involved in strategic mergers and acquisitions in order to upscale their global presence. For instance, in 2014, Toray Industries acquired Zoltek Companies, which is a major carbon fiber manufacturer. Competitive Insights

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