The global epoxy composites market is anticipated to expand at a significant CAGR during the forecast period. Epoxy composites are composite materials that are flexible in nature, light in weight, corrosion-resistant, and dent-resistant. These composites are manufactured from a non-woven glass core and woven glass fabric that are a combination of epoxy synthetic resin.
Request Free Sample Report Here
Market Trends, Drivers, Restraints, and Opportunities:
Rising demand from the wind energy industry is expected to drive the market during the forecast period. Materials made from epoxy composites are resistant to corrosion, are lightweight, and have high mechanical strength is high, which in turn is driving the growth of the global market. Growth of the wind energy industry in developing nations is creating opportunities in the market. Development of low cost production technologies is creating lucrative opportunities for the players in the market, thus driving the market. High costs of R&D and raw materials are restraining the market.
The glass fiber segmented to lead the market during the forecast period
In terms of fiber types, the global epoxy composites market can be segregated into glass fiber, carbon fiber, and others. The glass fiber segment is projected to grow a faster pace than the carbon fiber segment and continue to dominate the market owing factors such as low weight, high durability, high bulk strength, and superior fabrication adaptability.
The resin transfer molding segment to hold considerable market share
Based on manufacturing processes, the market can be segmented into lay-up, compression molding, resin injection, resin transfer molding, filament winding, and pultrusion. The resin transfer molding has held considerable share in the recent years and this trend is expected to continue during the forecast period due to factors such as low cycle time, high fiber volume fractions, and high performance parts.
The automotive & transportation segment to expand at a substantial CAGR
On the basis of end-users, the global epoxy composites market can be segregated into aerospace & defense, automotive & transportation, marine and oil & gas, wind energy, sporting & consumer goods, electrical & electronics, construction, and others. The automotive & transportation segment led the market in 2019 and this trend is expected to continue during the forecast period due to the increase in the demand for high quality composite materials in the industry.
Asia Pacific to continue to lead the market
On the basis of regions, the market can be divided into Europe, North America, Latin America, Asia Pacific, and Middle East & Africa. Asia Pacific held largest domiant share of the market in the past few years and this trend is anticipated to continue during the forecast period due to the expansion of the wind energy sector countries such as India. China accounts for key share of the market in the region due to the demand for high quality composite materials (epoxy composites) from industries such as construction, transportation, and electrical & electronics.
About Growth Market Reports:
GROWTH MARKET REPORTS provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GROWTH MARKET REPORTS has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys.
Contact:
Growth Market Reports
Phone: +1 909 414 1393
Email: [email protected]
Web: https://growthmarketreports.com
Epoxy Composites market is projected to register a substantial CAGR in the forecast period of 2019 to 2026.To thrive in this competitive age, business should get knowledgeable about the major accomplishments taking place in the market.
Market research analysis and all the information lends a hand to businesses for the planning of production, product launches, costing, inventory, purchasing and marketing strategies.
To get success in this competitive market place, Epoxy Composites market research report plays a vital role which provides important and meaningful market insights for any business in the Epoxy Composites industry.
Choosing such market research report is all the time beneficial for any company, whether it is a small scale or large scale, for marketing its products or services.Epoxy CompositesThe report analyses and estimates general market drivers in the form of consumer demand, government policy and demand which are related to consumer buying pattern, market growth and development.
A team containing domain experts analyses and estimates this market data using well established market statistical and coherent models.
The report puts a light on various inhibitors and motivators in the market for particular product in both quantitative and qualitative manner so that users get precise information.Click Here to Get Latest Sample for Epoxy Composites Market Report (including COVID19 Impact Analysis) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=north-america-epoxy-composites-marketEpoxy Composites Market Segmentation:On the basis of resin type, the market is segmented into epoxy resin, phenolic resin and melamine resinOn the basis of manufacturing process, the market is segmented into lay-up, compression molding, resin injection, resin transfer molding, filament winding and pultrusionOn the basis of end-user the market is segmented into aerospace & defence, automotive & transportation, marine and oil & gas, wind energy, sporting & consumer goods, electrical & electronics, construction and othersKey Players of North America Epoxy Composites MarketHuntsman International LLC., Solvay, Owens Corning, Hexcel Corporation, Rotec Composite Group B.V., ISOSPORT Composite Components GmbH, Scott Bader Company Ltd., Gurit, SGL Carbon, Sumitomo Bakelite Co., Ltd., IDI Composites International, Mitsubishi Chemical Holdings Corporation, TORAY INDUSTRIES, INC., TEIJIN LIMITED, and TPI Composites.MAJOR TOC OF THE REPORTPart One: Epoxy Composites Market OverviewPart Two: Manufacturers ProfilesPart Three: North America Epoxy Composites Market Competition, by PlayersPart Four: North America Epoxy Composites Market Size by RegionsPart Five: North America Epoxy Composites Market Revenue by CountriesPart Six: North America Epoxy Composites Market Revenue by Type (Glass Fiber, Cotton Fiber and Paper Fiber)Part Seven: North America Epoxy Composites Market Revenue by Resin Type (Epoxy Resin, Phenolic Resin and Melamine Resin)Part Eight: North America Epoxy Composites Market Revenue by Manufacturing Process (Lay-Up, Compression Molding, Resin Injection, Resin Transfer Molding, Filament Winding and Pultrusion)Part Nine: North America Epoxy Composites Market Revenue by End-User (Aerospace & Defence, Automotive & Transportation, Marine and Oil & Gas, Wind Energy, Sporting & Consumer Goods, Electrical & Electronics, Construction and Others)Get Detail TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=north-america-epoxy-composites-marketKey Report HighlightsComprehensive pricing analysis based on different product types and regional segmentsMarket size data in terms of revenue and sales volumeDeep insights about regulatory and investment scenarios of the North America Epoxy Composites MarketAnalysis of market effect factors and their impact on the forecast and outlook of the North America Epoxy Composites MarketThe detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the North America Epoxy Composites MarketKey Questions Answered in Report:What is the key to the Epoxy Composites Market?What will the Epoxy Composites Market Demand and what will be Growth?What are the latest opportunities for Epoxy Composites Market in the future?What are the strengths of the key players?Access Full Report @ https://www.databridgemarketresearch.com/reports/north-america-epoxy-composites-marketAbout Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
