— Epoxy Composite Market is expected to witness a significant growth of USD 38.19466 Billion by 2023 with CAGR of 7.4% between by 2023.
Epoxy Composite Market Key Players:
Axiom Materials, Inc. (US), Hexcel Corporation (US), Cytec Solvay Group (Belgium), Koninklijke Ten Cate nv. (Netherlands), Teijin Limited (Japan), Toray Industries, INC. (Japan), Mitsubishi Rayon Co. Ltd. (Japan), Rotec Composite Group B.V. (Netherlands), SGL Group (Germany), and Gordon Composites, Inc. (US), among others are some of the prominent players at the forefront of competition in the Global Epoxy Composites Market and are profiled in MRFR Analysis.
Epoxy Composite Market Segment Analysis:
The global epoxy composite market is majorly segmented on the basis of types, end users and region. Based on types of epoxy composite the market is segmented into glass epoxy composite and carbon epoxy composite. Based on end user the market segmented into automotive, transportation, aerospace & defense, sporting goods, electronics industry, construction industries, and others (Wind power industry, Oil & Gas, Marine). Based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.
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Epoxy Composite Market Regional Analysis:
Asia Pacific is the largest market of epoxy composite due to demand in various applications such as automotive, transportation and aerospace & defense in China region followed by Japan, and India. Increasing demand for automotive, aerospace and construction industry in the India, Japan and South Korea has made Asia Pacific largest consumer of the global epoxy composite market followed by increasing in the consumption of epoxy composite market in North America region. The third largest market of epoxy composite is Europe. Latin America and Middle East also witnessed in growth of epoxy composite market due to various end user industry such as electronics industry, construction industries, and others.
Industry/ Innovation/ Related News:
December 8, 2017- Hexcel Corporation announced that it has entered into a definitive agreement to acquire the Aerospace & Defence (A&D) business of Oxford Performance Materials (OPM). OPM A&D engages in manufacturing qualified, high-performance thermoplastic, carbon fibre reinforced 3D printed parts for Commercial Aerospace and Space and Defence applications. This development will provide range of new technology solutions to the aerospace and defence customers of Hexcel Corporation in printed parts as well as assembled structures and broader design solutions.
April 1, 2017 - Toray Composites (America), Inc. and Toray Carbon Fibers America, Inc. merged to create a new business called Toray Composite Materials America, Inc. The merger will both firms to leverage on the success by utilizing their collective knowledge and expertise. As a result of this development, both firms will be in a position to jointly invest in innovative and personalized end to end solutions through the consolidation of our North American materials businesses.
January 5, 2017- Teijin Limited announced the acquisition of all the shares in the Continental Structural Plastics (CSP). The deal was finalized at USD 825 million. CSP will operate into the market as a wholly-owned subsidiary of Teijin and its management team will retain the agility and decision-making ability necessary to operate effectively in the automotive industry.
Epoxy Composite Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Epoxy Composites Market
6 Market Trends
7. Global Epoxy Composites Market by Region
8. Global Epoxy Composites Market by Type (Glass, Carbon)
9. Global Epoxy Composites Market by End User (Automotive, Transportation, Aerospace & Defense, Sporting Goods, Electronics Industry, Construction Industries, And Others)
10. Company Profiles
Epoxy Composite Market Table of Content to be Continue…….,
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Name: Abhishek Sawant
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Release ID: 462022