Composites Market Expected Value $90 Billion by 2020

Browse74 Market Data Tables and 58 Figures spread through159 Pages and in-depth TOC on "Composites Market".
http://www.marketsandmarkets.com/Market-Reports/composite-market-200051282.html
Early buyers will receive 10% customization on this report.

The market report defines and segments the composites market with an analysis and forecast of the volumes and values of types such as carbon composite, glass composite and aramid composite individually

Inquiry of this report @http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=200051282

A composite is a material designed for enhanced performance in any number of unique applications through improvement in structural, functional or cosmetic properties. There are three types of composites including carbon composites, glass composites and aramid composite. More specifically carbon fiber and glass fiber composites are more used than aramid fiber. The materials like fiberglass and reinforced plastics are now in wide use for numerous applications, there has been continued demand for novel composites with desirable properties for many other applications. These composites are now days widely used in application markets such as automotive, aerospace & defense, electronics & semiconductor, wind, construction, pipe & tanks, marine and others. This report also identifies the driving and restraining factors for the polymer composites market with an analysis of trends, opportunities, burning issues, and winning imperatives. The market is segmented and volume & value are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). Further, the market is segmented and the values are forecasted on the basis of major applications of composites used in various industries such as automotive, aerospace & defense, electronics & semiconductor, wind, construction, pipe & tanks, marine and others.

Increase in demand from emerging regions 

Due to rapid industrialization and economic upturn in countries like China, India, Brazil and others the demand for composites is increasing. Population growth, new infrastructure projects, urbanization, increase in middle class population, and the green movement will drive composites growth to new horizons in these countries. The automotive industry which is the one of the major application of composites is growing at a significant rate in emerging nations due to rapid urbanization and improved living conditions is also expected to increase the demand of composites. Significant interest by automotive OEMs in composites like carbon composites applications and increasing demand of automotive are forcing the composite industry to a remarkable height. The growing wind and aerospace & defense in these regions are expected to further push the growth of composites market.

Increasing demand from automotive industry for light weight, stunning look, fuel economy 

Composites are continues to use in automotive primarily under the hood and in interiors. High-performance has used carbon fiber for many years, and now new high-speed manufacturing technology is allowing carbon composites to move into production vehicles. In order to make vehicles lighter, safer, cleaner and more cost effective, leading composites industries are responding to the needs and expectations of the vehicle original equipment manufacturers (OEMs), system suppliers and the consumers. Composite leaders helping automotive manufacturers to meet strict environmental standards like Corporate Average Fuel Economy (CAFE) in U.S., supporting responsible development and progress. Weight savings, fuel economy and other performance benefits will fuel the growth of composites consumption and significant interest in carbon fiber applications in automotive market also driving the market.

Browse Related Reports: 

Prepreg Market by Type of Fiber Reinforcement (Glass fiber, Carbon fiber, Aramid fiber), by Types of Resin (Thermoset, Thermoplastics), by Manufacturing Process (Hot melt, Solvent Dip), by Applications (Wind, Aerospace, Automotive, Sporting goods, Electronics (PCB) etc.) and by Region - Global Trends and Forecasts to 2020

http://www.marketsandmarkets.com/Market-Reports/prepreg-market-56131284.html

Core Materials Market for Composites by Type (Foam, Balsa, Honeycomb), By End-User Industries (Wind, Marine, Aerospace and Defense, Construction, Automotive, and Others) & Region - Trends & Forecast till 2020
http://www.marketsandmarkets.com/Market-Reports/core-material-market-146879627.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets