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In 2015, the global reinforcement materials market accounted for $13,020 million, and is estimated to grow at a CAGR of 8.4% during the forecast period. Reinforcement materials are essential for the formation of fiberbased composites. Composites are multiphase materials, prepared from the amalgamation of two or more components that differ in properties, but render exceptional properties on consolidation. Reinforcement materials are essential for forming composites as they provide rigidity and structural strength to the composites.nnThe reinforcement materials industry is driven by the superior properties of composites such as, lighter weight as compared to individual components, increased use in the automotive, aerospace amp; defense, and the construction industry. However, the high production cost of reinforcement materials may hamper the growth of global market. Technological advancements in the carbon and aramid fiber molding processes, specifically related to medical devices have created numerous growth opportunities for market players.nnThe reinforcement materials market is segmented on the basis of material type, end user, and geography. By material type, it includes glass fiber roving, woven roving, fabrics, CSM/CFM, chopped strand, and others, carbon fiber woven fabric, thermoset UD prepreg, thermoset fabric prepreg, thermoplastic prepreg, raw fiber, and molding compounds, aramid fiber paraaramid fiber, and metaaramid fiber amp; others, natural fiber hemp, flax, kenaf, jute, and others, and steel rebar. By end user, the market is subsegmented into construction, aerospace amp; defense, transportation, wind energy, consumer goods, industrial, marine, sporting goods, and others. Geographically, it is analyzed across North America, Europe, AsiaPacific, and LAMEA.nnMajor companies have adopted agreement, product launch, expansion, merger, and agreement as key strategies to gain competitive advantage. The key players profiled in the report are:nnnnToray Industries, Inc.nnTeijin LimitednnMitsubishi Rayon Co. Ltd.nnHyosung CorporationnnCytec Industries Inc.nnHoneywell International, Inc.nnE. I. du Pont de Nemours and CompanynnBASF SEnnOwens Corningnn3BThe Fiberglass CompanynnJushi Group Co., Ltd.nnBast Fiber LLCnnAgroFiber SASnnNFC Fibers GmBhnnNJR Steel Holdings PTY Ltd.nnnKEY BENEFITS FOR STAKEHOLDERSnnnnThis report contains the detailed quantitative analysis of the current reinforcement materials market trends as well as future estimations for the forecast period.nnThe report entails the drivers and restraints of the global reinforcement materials market, along with the impact analysis of each.nnThe report aims to elucidate the market trends and identify the prevailing market opportunities and imminent investment pockets.nnThe report includes company profiles of major market players along with their strategies to provide deeper market insights.nnnKEY MARKET SEGMENTSnnBY MATERIAL TYPEnnnnGlass FibernnnnnnRovingnnnWoven RovingnnnFabricsnnnCSM/CFMnnnChopped StrandnnnOthersnnnnnnCarbon FibernnnnnBy PrecursornnnnnnnPANnnnnPitch, Rayon amp; OthersnnnnnnnnnBy Fiber TypennnnnnnWoven FabricnnnnThermoset UD PrepregnnnnThermoset Fabric PrepregnnnnThermoplastic PrepregnnnnRaw FibernnnnMolding CompoundsnnnnnnnnnnnnAramid FibernnnnnParaAramid FibernnnMetaAramid Fiber amp; OthersnnnnnnNatural FibernnnnnHempnnnFlaxnnnKenafnnnJutennnOthersnnnnnnSteel RebarnnnBY END USERnnnnConstructionnnAerospace amp; DefensennTransportationnnWind EnergynnConsumer GoodsnnIndustrialnnMarinennSporting GoodsnnOthersnnnBY GEOGRAPHYnnnnNorth AmericannnnnnU.S.nnnCanadannnMexiconnnnnnEuropennnnnUKnnnGermanynnnFrancennnSpainnnnItalynnnRest of EuropennnnnnAsiaPacificnnnnnChinannnJapannnnSouth KoreannnRest of AsiaPacificnnnnnnLAMEAnnnnnBrazilnnnArgentinannnSouth AfricannnRest of LAMEAnnnnnnnOther players active in the value chain includennnnTaishan Fiberglass, Inc.nnCPIC Brazil Glass Fiber Company LimitednnToho Tenax Co. Ltd.nnHexcel Corp.nnSGL GroupnnFormosa Plastics Corp.nnPPG Industries, Inc.nnKolon Industries, Inc.nnSaneco S.A.nnEuchora S.R.L.nnn*Above players are not profiled in the report, but can be added as per client interest.
Original Article: Reinforcement Materials Market by Material Type Glass Fiber, Carbon Fiber, Polymeric, Cellulosic, and Others, End User Construction, Aerospace Defense, Transportation, Wind Energy, Consumer Goods, Industrial, Marine, Sporting Goods, and Others Global OpNEXT ARTICLE
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