Opportunities for the Advanced Composites Market in the United States


Posted November 3, 2020 by hiteshchawra

Opportunities for the Advanced Composites Market in the United States

 
"According to a new country report published by Lucintel, the advanced composites market in United States looks promising with opportunities in various end use industries such as aerospace & defense, wind energy, transportation, marine, construction, electrical/electronics, consumer goods, and pressure vessels. The major drivers of growth for this market are increasing demand of lightweight materials in the aerospace & defense and automotive industry.

This report studies factors affecting the advanced composites market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that aerospace & defense application is expected to be to remain the largest market by volume and value consumption. The major driver for this segment is the increase penetration of composites in next generation commercial aircraft, like Boeing’s B787 and Airbus 380, regional aircraft such as Bombardier’s C Series, and general aviation aircraft such as Cirrus and Diamond.

Emerging trends, which have a direct impact on the dynamics of the advanced composites industry, include increased demand for carbon fiber which has high tensile strength, modulus, and compatibility with different resins.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the advanced composites market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Advanced Composites Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the advanced composites market in the United States by end use industries, fiber type, and resin type as follows:

Advanced Composites by end use industries ($ Million and Million Pounds from 2014 to 2025)
• Aerospace & Defense
• Wind Energy
• Automotive
• Marine
• Construction
• E&E
• Consumer Goods
• Pressure Vessels
• Others

Advanced Composites by Fiber Type ($ Million and Million Pounds from 2014 to 2025)
• Carbon Composites
• S-Glass Composites
• Aramid Composites

Advanced Composites by Resin Type ($ Million and Million Pounds from 2014 to 2025)
• Epoxy Composites
• Phenolic Composites
• Vinyl ester Composites
• Thermoplastic Composites
• Cyanate and BMI Composites

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/advanced-composites.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Hitesh
Phone 91-771-4288410
Business Address Lucintel, 8951 Cypress Waters Blvd., Suite 160, Dallas, TX 75019
Country United States
Categories Aerospace , Architecture , Blogging
Last Updated November 3, 2020