Epoxy Composite Market Overview:
The global epoxy composite market is projected to touch USD 38.194666 billion at a favorable 7.4% CAGR over the predicted years (2018-2023). Epoxy resins is a high or low molecular weight polymeric or pre-polymeric material that has two epoxide groups.
Epoxy Composite is low or high molecular weight pre-polymeric or polymeric material which is consist of at least two epoxide groups. It is extensively used in automotive, aerospace & defence, building & construction industries. Apart from these industries, the product finds its application in industrial tools, sports equipment, consumer goods, and marine industry.
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Epoxy Composite Market Key Players:
• Axiom Materials Inc. (US)
• Hexcel Corporation (US)
• Cytec Solvay Group (Belgium)
• Koninklijke Ten Cate NV. (Netherlands)
• Teijin Limited (Japan)
• Toray Industries, INC. (Japan)
• Mitsubishi Rayon Co. Ltd. (Japan)
• Rotec Composite Group B.V. (Netherlands)
• SGL Group (Germany)
• Gordon Composites Inc. (US)
Epoxy Composite Market Regional Analysis:
Epoxy Composite Market is classified on the basis of mixed geographic segmentation which involves regions such as America, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific epoxy composite market is largest market owing to robust industry growth of end user industry in China, Japan and India. Asia-Pacific is expected to be the fastest-growing market for epoxy composite.
Positive stance on end-use industries such as automotive, transportation, aerospace & defence, sporting goods, electronics industry, construction industries, and others in countries like China & India is expected to drive demand. Increasing demand from the automotive & transportation, sporting goods, aerospace & defence, and construction industries, due to increase urbanization of various countries in the APAC region including India, japan and south Korea, fuel the growth of the global epoxy composite market during the forecast period.
Epoxy Composite Market Segment Analysis:
Epoxy Composite Market has been segmented into types and end user industries. Since types, the market has been divided into glass epoxy composite and carbon epoxy composite.
Thus, the glass fibre-based epoxy composites are highly used in various industrial applications, such as automotive, wind power industry like in the maintenance of wind turbines, pipe & tank, electrical & electronics, aerospace & defence and marine. Numerous key players have invested considerably in R&D enterprises glass fibre composites to fulfil the demand of glass fibre epoxy composite.
As per Organisation International des Constructers automobiles (OICA), Automotive Industry has Produced Overall 94.97 Million Vehicles Expanding at 4.5% Annual Growth in 2018.
Epoxy Composite Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Epoxy Composites Market
Epoxy Composite Market Table of Content to be Continue…….,
Epoxy Composite Market List of Table:
Table 1 World Population: By Major Regions (2015 To 2030) (Billion)
Table 2 Global Epoxy Composites Market: By Region, 2015-2023 (USD Billion)
Table 3 North America Epoxy Composites Market: By Country, 2015-2023 (USD Billion)
Table 4 Europe Epoxy Composites Market: By Country, 2015-2023 (USD Billion)
Table 5 Asia-Pacific Epoxy Composites Market: By Country, 2015-2023 (USD Billion)
Epoxy Composite Market List of Table to be Continue…….,
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