"According to a new country report published by Lucintel, the future of the composites market in the United States looks attractive, with opportunities in the transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronic, aerospace and others. The composites market in the United States is primarily driven by increasing demand for lightweight materials in the aerospace & defense and automotive industry; corrosion and chemical resistance materials demand in construction and pipe & tank industry; electrical resistivity and low flame retardant materials demand in E&E industry.

This report studies factors affecting the 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.

Within the composites market in the United States, Injection molding, hand layup, compression molding, spray up, filament winding, resin infusion, and prepreg layup are some of the major processes utilized to manufacture composites part. Injection molding is expected to be the largest process in terms of value and volume in the composites manufacturing and majorly used in transportation, consumer goods and electrical electronics applications.

Emerging trends, which have a direct impact on the dynamics of the industry, include development of low-cost carbon fibers, high performance glass fiber and shorter cycle time of resin system.

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 composites market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Composites Industry 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 composites market in the United States by application, fiber type, resin type, manufacturing process, and molding compound as follows:

Composites industry size by applications:
• Transportation
• Marine
• Wind energy
• Aerospace
• Pipe and tank
• Construction
• Electronic & Electricals
• Consumer goods
• Others

Composites industry size by manufacturing process ($ Million and Million Pounds)
• Hand Lay-up
• Spray-up
• Resin Infusion (RRIM, RTM, VARTM)
• Filament Winding
• Pultrusion
• Injection Molding
• Compression Molding
• Prepreg Lay-up
• Other

Composites industry size by molding compounds ($ Million and Million Pounds)
• SMC
• BMC
• Thermoplastic Compounds ( SFT, LFT, GMT, CFT and Other)

Composites industry size by resin type ($ Million and Million Pounds)
• Polyester
• Epoxy
• Vinyl ester
• Phenolic
• Thermoplastics

Composites industry size by fiber type ($ Million and Million Pounds)
• Glass fiber
• Carbon fiber
• Aramid fiber

Composites industry size by fiber glass types ($ Million and Million Pounds)
• Single End Roving
• Multi End Roving
• Chopped Strands
• Woven Roving
• Fabrics
• Chopped Strand Mat
• Continuous Filament Mat
• Others

Composites industry size by carbon fiber types ($ Million and Million Pounds)
• PAN Based Carbon Fiber
• PITCH Based Carbon Fiber

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/opportunities-for-the-composites-industry.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 "