Composites Market 2017 Trends, Research, Analysis and Review Forecast 2025

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and defense is another application segment which held relatively significant share in the global composites market in 2016. Composites also provide greater flexibility because the material can be tailored to meet the design requirements and because they offer significant weight advantages. Composite materials used in aircrafts are generally reinforced fibers or filaments embedded in a resin matrix. In terms of technology, layup process segment generated high sales in 2016. However, it is anticipated to lose its market share by 2025 on account of the growing demand for low-cost manufacturing processes. Get accurate market forecast and analysis on the Composites Market Request a sample to stay abreast on the key trends impacting this market. http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=25094 North America to Lead the Pack as Region Shows Higher Adoption of Technological Advancements North America dominated the global composites market and held nearly 40% volume share in 2016. Asia Pacific is the anticipated to witness a CAGR of 9.0% by volume and likely to remain an attractive market for composites. This is on account of rapidly developing technological advancements and the adaptation of composites in applications such as automotive and wind turbine blades. Europe being a major manufacturer of premium cars, is an attractive market for composites. On account of the increasing use of composites in next-generation aircrafts, the aerospace segment in Europe is predicted to offer lucrative opportunities witnessing a CAGR of 8.6%, during the forecast period. Some of the key players in the composites market include Toray Industries, Owens Corning, Teijin Limited, Hexcel Corporation, TPI Composites, Inc, Faurecia, Performance Composites Inc., Enduro Composites, Inc., KINECO, APPLIED POLERAMIC INC., Hexagon Composites, Creative Composites Ltd., and HITCO Carbon Composites, Inc. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro
levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement. US Office Contact 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com
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Composites Market 2017 Trends, Research, Analysis and Review Forecast 2025

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