Advanced Composites Market - Segmented by Fiber Types. Resin Types, End Users and Geography
The report by Knowledge Sourcing Intelligence LLP, titled “Advanced Composites Market - Forecasts from 2018 to 2023” studies the market status and the forecasts of the market and its various segments from the year 2018 to 2023. This report will assist multiple stakeholders, manufacturers, raw material suppliers and consultants across the supply chain to identify the threats and opportunities of the market. The advanced composites market is expected to grow at a CAGR of 11.64% over the forecasted period of 2018-2023.
Advanced composites are characterized with heat resistance, lighter weight, high mechanical strength, stability, flexibility and more properties which is increasing its demand across different industry verticals, such as aerospace and defence, automotive, construction, and healthcare, among others. Moreover, the demand for these composites will rise during the forecast period owing to increasing investment in aerospace and defence industry globally. Furthermore, the rising automotive and construction expenditure globally will also snowball the demand for these composites. However, harder repairs and high initial purchase costs will restrain the demand during the next five years.
The report features segmented forecasts by fiber type, resin type, end-user, and geography. Among the geographical regions, North American region will have a substantialshare of the market owing to high investment in aerospace and defense. The Asia Pacific region will see many exciting growth opportunities due to rising construction and automotive industries in budding economies like India, China, and Japan, among others.
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This report studies the market structure, forecast, growth opportunities and segregated market information on the advanced composites market.
Forecast segmented by the following fibertypes:
Forecast segmented by the following resin types:
Advanced Thermosetting Composites
Advanced Thermoplastic Composites
Forecast based on the following end-users:
Aerospace and Defense
Energy and Power
Forecast based on the following geographies:
Middle East & Africa
Also, the report focuses on the following key players in the advanced composites market:
Toray Industries, Inc.
Koninklijke Ten Cate BV
Plasan Carbon Composites
Purchase the Report: www.knowledge-sourcing.com/advanced-composites-market
Knowledge Sourcing Intelligence (KSI) is a market research and consulting organizationbased out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centringon niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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