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. This is largely used in construction industries, aerospace and defense and automotive. Besides this, it is also used in the marine industry, consumer goods, sports equipment and industrial tools.
Epoxy Composite Market Competitive Analysis:
The epoxy composite market is highly matured and is driven by towering growth in aerospace and defense industry coupled with the successful transportation segment. Most of the leading market players are investing to expand their product capacities for strengthening their position in the market.
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Epoxy Composite Market Key Players:
Leading players profiled in the epoxy composite market include Gordon Composites, Inc. (US), SGL Group (Germany), Rotec Composite Group B.V. (Netherlands), Rotec Composite Group B.V. (Netherlands), Toray Industries, INC. (Japan), Teijin Limited (Japan), Koninklijke Ten Cate nv. (Netherlands), Cytec Solvay Group (Belgium), Hexcel Corporation (US), Axiom Materials, Inc. (US), and others.
March 2019- TCS (Total Composite Solutions) have come up with its latest epoxy prepreg solution for aerospace interiors. It will allow in substituting the traditional phenolic systems and also exceed the needs of the FAR 25.853 industry standard.
Epoxy Composite Market Segment Analysis:
The global epoxy composite market is majorly segmented on the basis of types, end users and region. Based on types of epoxy composite the market is segmented into glass epoxy composite and carbon epoxy composite. Based on end user the market segmented into automotive, transportation, aerospace & defense, sporting goods, electronics industry, construction industries, and others (Wind power industry, Oil & Gas, Marine). Based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.
Epoxy Composite Market Regional Analysis:
Asia Pacific is the largest market of epoxy composite due to demand in various applications such as automotive, transportation and aerospace & defense in China region followed by Japan, and India. Increasing demand for automotive, aerospace and construction industry in the India, Japan and South Korea has made Asia Pacific largest consumer of the global epoxy composite market followed by increasing in the consumption of epoxy composite market in North America region. The third largest market of epoxy composite is Europe. Latin America and Middle East also witnessed in growth of epoxy composite market due to various end user industry such as electronics industry, construction industries, and others.
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…….,
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