$81.6 Bn High Performance Composites Market to 2025: Increasing Penetration in Aerospace and Automotive Industries
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The global high performance composites market is expected to reach USD 81.63 billion by 2025
Growing demand for high performance composites from aerospace & defense sectors is expected to play a key role in the growth of the market over the forecast period.
The products possess superior mechanical properties including high chemical resistance and stiffness, courtesy which they have witnessed an increase in demand in construction, consumer goods, and energy sectors. Increasing consumption in the automobile industry, as an alternative to traditional materials such as steel and aluminum, is also expected to be one of the key drivers of the market.
Asia Pacific was the largest market for high performance composites in 2016. This region, with growing consumption from the above-mentioned industries, is also expected to witness the highest growth in this market over the next eight years. China and
Japan, which are home to some of the largest electronics and automobile companies, dominated the
Asia Pacific high performance composites market in 2016.
Further key findings from the report suggest:
Key Topics Covered:
Chapter 1 Methodology And Scope
Chapter 2 Executive Summary
Chapter 3 High Performance Composites Market Variables, Trends & Scope
3.1 Market segmentation & scope
3.2 High performance composites market value chain analysis
3.3 Raw Material Trend
3.3.1 Carbon fiber
3.3.2 Boron
3.4 Regulatory Framework
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.1.1 Increasing penetration in aerospace and automotive industries
3.5.1.1.1 Growing automobile sector
3.5.1.1.2 Increasing aircraft sales
3.5.1.2 Advantages of high performance composites as compared to alternatives
3.5.2 Market Restraint Analysis
3.5.2.1 High cost of composites
3.6 Penetration & growth prospect mapping
3.7 High Performance Composites market - PESTLE Analysis
3.8 Industry Analysis - Porter's
Chapter 4 High Performance Composites Market: Material Estimates & Trend Analysis
4.1 High performance composites market: Material movement analysis
4.2 Resins
4.3 Fibers
Chapter 5 High Performance Composites Market: Application Estimates & Trend Analysis
5.1 High performance composites market: Application movement analysis
5.2 Aerospace
5.3 Automotive & Industrial
5.4 Energy
5.5 Consumer Goods
5.6 Defense
5.7 Electronics
5.8 Construction
5.9 Other applications
Chapter 6 High Performance Composites Market: Regional Estimates & Trend Analysis, by Product & Application
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/72wm6b/high_performance
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