The global advanced polymer composites market is anticipated to expand at a considerable CAGR during the forecast period, 2020 – 2026. The growth of the market is attributed to the increasing demand for fuel-efficient and lightweight vehicles.
Advanced polymer composites are heterogeneous compounds formed by combining different components, such as a polymer matrix, high-performance fibers, and additives. These compounds are likely to perform better on macroscopic range owing to the synergistic effects it possesses. The mechanical properties such as strength and coefficient are determined by the physical properties of individual fibers it consists. Moreover, these fibers are connected by polymer matrix and protect them from environmental degradation and corrosion. Advanced polymer composites display properties such as stiffness, excellent fatigue, high strength, and abrasion resistance.
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Market Trends, Drivers, Restraints, and Opportunities:
Competitive Landscape
Major players in the global advanced polymer composites market are Owens Corning Corp., Hexcel Corp., Arkema S.A., SGL Carbon SE, Cytec Industries, BASF SE, Solvay S.A., and TPI Composites.
Segments Covered in the Report
The global advanced polymer composites market has been segmented on the basis of
Resins
By Regions:
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The following is the TOC of the report:
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Advanced Polymer Composites Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Advanced Polymer Composites Market – Supply Chain
4.5. Global Advanced Polymer Composites Market Forecast
4.5.1. Advanced Polymer Composites Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Advanced Polymer Composites Market Size (000? Units) and Y-o-Y Growth
4.5.3. Advanced Polymer Composites Market Absolute $ Opportunity
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Advanced Polymer Composites Market Size and Volume Forecast by Type
5.3.1. Carbon
5.3.2. Glass
5.3.3. Aramid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
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