Composite films play an important role in weight reduction. Composite films have of two or more phases or constituent parts.Composite films are made up with resins like Epoxy, which are used in various industries such as Aerospace & Defense, Automotive, Civil, Marine, and Others.
Increase in demand for composite material in various industries like Automotive, Aerospace & Defense is expected to boost the composite film market growth. Furthermore, increase in partnership activities by key players is expected to propel the growth of composite film market. For instance, May 2019 Solvay partnered with safran for the supply of high temperature composite films and adhesives.Moreover, in March 2018, Hexcel partnered with Arkema. Under this partnershipthey are focusing on development and manufacturing of composite thermoplastic technologies.In other hand, merger and acquisition activities is expected grow thecomposite film market. For instance, in March 2018, Toray acquired TenCate for development and improvement of composite surfacing film products. High cost of composite materials is the major restraining factor, which expected to hamper the growth of composite film market.
Composite film market is segmented into Resin Film Type such as Epoxy, and Others, by Curing Type such as Autoclave, and Out-Of- Autoclave. Further, Composite Film Market is segmented on the basis of function such as Lightning Strike Protection, Surface Protection, and Other Protection, by end users such as Aerospace & Defense, Automotive, Civil, Marine and Others.
Also, Composite Film Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in the report including 3M, Henkel AG & co. KGaA, Hexcel Corporation, Gurit, Solvay, Toray Industries, Inc., Socomore, Park Aerospace Corporation, Axiom Materials Inc., Northern Composites LLC., and LincoIn Composite Materials Inc.
Composite Film Market Dynamics
Increase in demand for composite material in various industries like Automotive, Aerospace & Defense is expected to boost the composite film market growth. Furthermore, increase in partnership activities by key players is expected to propel the growth of composite film market. For instance, May 2019 Solvay partnered with safran for the supply of high temperature composite films and adhesives.Moreover, in March 2018, Hexcel partnered with Arkema. Under this partnershipthey are focusing on development and manufacturing of composite thermoplastic technologies.In other hand, merger and acquisition activities is expected grow thecomposite film market. For instance, in March 2018, Toray acquired TenCate for development and improvement of composite surfacing film products. High cost of composite materials is the major restraining factor, which expected to hamper the growth of composite film market.
Composite Film Market Segmentation
Composite film market is segmented into Resin Film Type such as Epoxy, and Others, by Curing Type such as Autoclave, and Out-Of- Autoclave. Further, Composite Film Market is segmented on the basis of function such as Lightning Strike Protection, Surface Protection, and Other Protection, by end users such as Aerospace & Defense, Automotive, Civil, Marine and Others.
Also, Composite Film Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Composite Film Market Key Players
Various key players are discussed in the report including 3M, Henkel AG & co. KGaA, Hexcel Corporation, Gurit, Solvay, Toray Industries, Inc., Socomore, Park Aerospace Corporation, Axiom Materials Inc., Northern Composites LLC., and LincoIn Composite Materials Inc.
Composite Film Market Taxonomy
By Resin Film Type
- Epoxy
- Others
By Curing Type
- Autoclave
- Out-Of- Autoclave
By Function
- Lightning Strike Protection
- Surface Protection
- Other Protection
By End Users
- Aerospace & Defense
- Automotive
- Civil
- Marine
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Frequently Asked Questions about the Global Composite Film Market
What is the estimated value of the Global Composite Film Market?
What is the growth rate of the Global Composite Film Market?
What is the forecasted size of the Global Composite Film Market?
Who are the key companies in the Global Composite Film Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 155 |
| Published | February 2022 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 235.4 Million |
| Forecasted Market Value ( USD | $ 347.3 Million |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
Table of Contents
1. Executive Summary
3. Market Background
5. Global Composite Film Market Analysis, By Resin Film Type
6. Global Composite Film Market Analysis, By Curing Type
7. Global Composite Film Market Analysis, By Function
8. Global Composite Film Market Analysis, By End Users
9. Global Composite Film Market Analysis, By Region
10. North America Composite Film Market Analysis and Forecast (2017-2027)
11. Europe Composite Film Market Analysis and Forecast (2017-2027)
12. Asia Pacific Composite Film Market Analysis and Forecast (2017-2027)
13. Latin America Composite Film Market Analysis and Forecast (2017-2027)
14. Middle East & Africa Composite Film Market Analysis and Forecast (2017-2027)
15. Competition Analysis
16. Company Profiles
Companies Mentioned
- 3M
- Henkel AG & co. KGaA
- Hexcel Corporation
- Gurit
- Solvay
- Toray Industries Inc.
- Socomore
- Park Aerospace Corporation
- Axiom Materials Inc.
- Northern Composites LLC.
- LincoIn Composite Materials Inc.
