Reinforcement Material Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026


Posted August 9, 2019 by Pallavicoh

Reinforcement Material Market report categorizes global market by material type, and end-use industry - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

 
Reinforcement provides improved and tailored material properties with manufacturing flexibility. Particulate composite reinforcements are also used in conventional engineering methods such as injection molding, which has resulted in overall reduction in operational costs. Natural fibers such as flax, jute, kenaf, hemp, and sisal offer various benefits such as reduction in weight, cost, and recyclability.

Reinforcements are used in composite materials to enhance properties such as stiffness and strength. Depending on the alumina-lime-borosilicate composition, glass fibers are considered the major reinforcements for polymer matrix composites, owing to properties such as low susceptibility to moisture, high electrical insulating properties, and superior mechanical properties.

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In automotive application, glass reinforced plastics are widely used in bumpers, dashboards, body panels and intake manifolds. Brakes are manufactured from particulate composite consisting of carbon or ceramics particulates. Various plastic components are used in consumer products such as appliances, computer housings, toys, electrical products, cell phone casings, helmets, and office furniture. Natural fiber composites consisting of thermoplastic and thermoset matrices are used for door panels, seat backs, headliners, package trays, dashboards, and interior parts. Carbon fibers are made from organic precursors, including PAN (polyacrylonitrile), rayon, and pitches and offer highest stiffness, and strength among all the reinforcement materials.

High initial price is one of the restraining factors for the reinforcement material market globally. Product innovation and increasing global reach are some of the strategies adopted by the top players in the reinforcement material industry. Research is being made on developing conductive reinforcements in plastics. Some of the companies operating in the global reinforcement material market are Teijin Limited, Toray Industries, Inc., Cytec Industries Inc., Honeywell International, Inc., Bast Fiber LLC, AgroFiber SAS, NFC Fibers GmBh, E. I. du Pont de Nemours and Company, 3B-The Fiberglass Company, Owens Corning, BASF SE, Jushi Group Co., Ltd., Mitsubishi Rayon Co. Ltd., Hyosung Corporation, and NJR Steel Holdings (PTY) Ltd.

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Last Updated August 9, 2019