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World Composite Materials Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3772976
  • Report
  • Region: Global
  • Allied Analytics LLP
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Composite materials are materials composed of two or more fibers and polymers. These materials enhance the efficiency of vehicle by reducing its overall weight. Composite materials reduce emission of greenhouse gases and fuel consumption. Vehicles manufactured using composite materials absorbs huge amount of energy in crash, which in turn, provide more safety to passengers. It plays significant role in providing better driving experience and greater power to engine. The government regulations to keep vehicle under emission limits has increased necessity of composite materials.

Favorable government regulations pertaining to fuel efficiency & emissions and reduced delta factor (process time, cost, & quality) fuels growth of the world composite materials market. However, high cost of composite materials is obstructing the growth of the market. Shifting focus toward electric vehicles and emerging markets in South-East Asia are creating tremendous opportunities for growth.

The world composite materials market is segmented based on material type, application & their sub-components, vehicle type, and geography. The material type segment is further classified based on PMC, MMC, and CMC. Application & their sub-components covered in the report are structural, powertrain, interior, exterior, and other applications. The market is further classified on the basis of vehicle type into PC, LCV, HCV, and rolling stock. The market is classified geographically into North America, Europe, Asia-Oceania, and Latin America, Middle East and Africa (LAMEA).

The prominent market players are Toray Industries Inc., Cytec Industries Inc., SGL Carbon SE, Teijin Ltd., Koninklijke Ten Cate NV, Johns Manville, Mitsubishi Rayon Co. Ltd., Owens Corning, Johnson Controls Inc., and Jushi Group Co. Ltd. Some of the strategies adopted by these market players to gain strong foothold in the market are partnerships, collaborations, mergers & acquisitions, expansions, joint ventures, and others.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers an in-depth analysis of key driving and restraining factors of the world composite materials market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015-2020, which assists in identifying the prevailing market opportunities.
The report provides an extensive analysis of current and future market status of the world composite materials market.
An in-depth analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
An in-depth analysis of current research and clinical developments within the world composite materials market is provided with key market dynamic factors that helps in understanding the behaviour of the market.
Competitive landscape of leading manufacturers helps in understanding the competitive scenario across geographies.
Geographically, the world composite materials market is segmented into North America, Asia-Oceania, Europe, and Latin America, Middle East and Africa (LAMEA).

COMPOSITE MATERIALS MARKET KEY SEGMENTS:

Market By Material Type

PMC
MMC
CMC

Market By Application & Their Sub-Components

Structural
Powertrain
Interior
Exterior
Other Applications

Market By Vehicle Type

PC
LCV
HCV
Rolling Stock

Market By Geography

North America
Asia-Oceania
Europe
Latin America, Middle East and Africa (LAMEA)

Key Market Players:

Toray Industries Inc.
Cytec Industries Inc.
SGL Carbon SE
Teijin Ltd.
Koninklijke Ten Cate NV
Johns Manville
Mitsubishi Rayon Co. Ltd.
Owens Corning
Johnson Controls Inc.
Jushi Group Co. Ltd.



* This report will be delivered in 12 Business Days. *
Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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