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.

Reinforcement Material Market Taxonomy

On the basis of material, the global market is segmented into:

Carbon fiber

Glass fiber

Natural fiber

Aramid fiber

Steel rebar

On the basis of end use industry, the global market is segmented into:

Automotive

Aerospace

Consumer goods

Construction

Transportation

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Reinforcement Material Market Outlook – Need for Robust materials Expected to Boost Demand

Asia Pacific is one of the major contributors to the global reinforcement material market. Rapidly flourishing urbanization and modern infrastructure coupled with increasing investments in high end for products for defense sector in emerging economies such as India and China has boosted the growth of reinforcement material in the region. 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.

Major Keyplayers: 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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