Advanced Composites Market Research Report

1. Advanced Composites Market Size, Analysis, Manufacturers, Countries and Forecast to 2024 “The global advanced composites market is expected to value 41.20 billion by 2024. The market is driven by factors such as increasing use of advanced composites for aerospace & defence, transportation, sporting goods and energy industries.” The global Advanced Composites Market is expected to value 41.20 billion by 2024. The market is driven by factors such as increasing use of advanced composites for aerospace & defence, transportation, sporting goods and energy industries. In addition, the market is regulated on the account of their characteristics. The market witnesses several opportunities in form of extensive use of aramid for production of optical fibers, rubber reinforcements, and safety clothing. However, stringent laws and regulations are expected to create hindrance in the market during the forecast period. Overall, the advanced composites market in the global scenario is anticipated to witness a CAGR of 8.6%. Advanced composites industry is segmented based on fiber type, resin type, manufacturing process, and region. Fiber type for this market size includes aramid fiber composites, carbon fiber composite, and S-glass fiber composite. Resin type fiber for the market share is further segmented into advanced thermosetting composites and advanced thermoplastic composites. Manufacturing process for the market share includes hand layup/spray layup, filament winding, injection molding, pultrusion, compression molding, and RTM/VARTM. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/advanced-composites-market/request-sample Asia-Pacific’s advanced composites market is expected to witness a higher growth in the forecast period due to wide presence of automotive manufacturers and wind energy production industries. Middle Eastern regions account for a large market share due to government initiatives and NGO support for renewable sources of

2. energy, which further propels the growth of the market. The key players in the advanced composites industry include Owens Corning, Solvay SGL Group, Huntsman Corporation, Jushi Group, Toray Industries Inc, Owen Corning and Hexcel Corporation. Market Segment: Advanced Composites Product Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024) • Aramid • Carbon • Glass Browse Full Research Report @ https://www.millioninsights.com/industry-reports/advanced-composites-market Advanced Composites Application Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024) • Aramid • Aerospace & Defense • Automotive • Construction • Marine • Carbon • Aerospace & Defense • Automotive • Construction • Marine • Pipes & tanks • Sporting Goods • Wind Energy • Glass • Aerospace & Defense • Automotive • Construction • Marine • Pipes & Tanks • Sporting Goods • Wind Energy Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024)

3. • North America • U.S. • Europe • Germany • The UK • Asia Pacific • China • India • Japan • Central & South America • Brazil • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/advanced-materials Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184