Track topics on Twitter Track topics that are important to you
Composites are engineered materials and generally a mixture of two or more constituent materials with varying physical or chemical properties which are distinct at macroscopic level with the finished structure. Increase in demand of products with enhanced properties such as light weight, structural durability, heat resistant and so on, has led to the development of these materials to a significant extent. Composites have been used for long time; however the increase in adoption of these materials started from early 20th century when plastics such as phenolic, polyester, vinyl and polystyrene were developed. The composite materials market is set to escalate at a CAGR of 3.7% during the period 20162021.
The Composite are broadly divided into several materials such as polymers, metal, ceramics, carbon graphite others. The market is also classified by form such as particlereformed, fibersreformed and structural. Composites market is segmented by resin type, which comprises of thermosetting resins thermoplastics resins. It is also been classified by application, which includes electronics semiconductor, automotive, aerospace defense, construction, marine and others. As per the current trends, the composites market has grown significantly over the last few years. Global market of composite materials is well established and fairly mature market. However, growth opportunities still exists owing to immense potential of these materials to replace traditional materials as well as ever enhancing properties due to significant RD. Regional markets of APAC, Eastern Europe and Africa holds significant scope to grow in the coming decade. Collaborative efforts of the industry are a favorable factor leading to enriched RD activities. CROs have been playing a major role in offering solutions to the changing and complex needs of the end users. The report also comprises of the region wise study of the global market including Americas, Europe, AsiaPacific and Rest of the World.
The current business environment has become highly competitive as the leading industries are challenged by the demand for quality, safety, productivity and environmental protection. Composites have been extensively used in various applications over the past few years across the globe. Composites are the combination of two or more distinct and insoluble phases. These are presently one of the most important classes of engineered materials.
Sample Companies Profiled in this Report are:
Original Article: Composites Market By Materials Polymer, Ceramics; By Form ParticleReinforced, Structural; By Resin Type Thermosetting, Thermoplastic, By Elements Fibres, Laminar; By Technology Injection Molding, Layup By Application Automotive, Aerospace, By GeographyForNEXT ARTICLE