Global Epoxy Composite Market was valued at US$ 21.9 Bn in 2019 and is expected to reach US$ 37.89 Bn by 2027, at a CAGR of 7.09% during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Epoxy Composite Market
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Global Epoxy Composite Market Dynamics:
Epoxy composite’s superior properties such as high strength, lightweight, and durability are increasing its applications in various industrial applications. Increasing demand for epoxy composite in wind energy, automotive & & transportation, aerospace & defense, and construction industries is expected to drive the market in the forecast period. However, high volatility in the raw material prices and issues related to recyclability can restrain the development of the global epoxy composite market.
Global Epoxy Composite Market Segment Analysis:
Based on fabric type segment, Glass fiber-based epoxy composites offer better fabrication adaptability, high durability, and high strength-to-weight ratio, demand for epoxy composites are expected to increase the applications in the industries like wind energy, oil & gas, pipe & tank, electrical & electronics, and marine, among others. The report has analyzed each of these application industries by region to understand the course of the market in the forecast period. The countries that are at the forefront in investment are analyzed with the investment being done and expected in the forecast period. A Country-wise analysis of the industry from the supply-side will give a micro-level picture of the industry to the decision-makers.
Global Epoxy Composite Market Regional Analysis:
In terms of region, Asia-Pacific dominated the global Epoxy Composite Market, globally, because of the presence of growing wind automotive & transportation, energy, and aerospace & defense industries in the region. Furthermore, the presence of large epoxy composite manufacturers, a growing economy, and rapid urbanization in the region are expected to fuel the use of the global epoxy composites market in construction, pipe & tank, electrical & electronics, and marine industries. The market for PCB, wherein glass fiber-based epoxy composites are widely used, is increasing rapidly in this region.
The report offers company market share analysis in order to give a broader overview of the key players in the market. The report also covers key calculated developments of the market including acquisitions & mergers, partnerships, agreements collaborations & joint ventures, research & development, and regional development of major members involved in the market on a global and regional basis. Furthermore, the study covers price trend analysis, and the Fabric Manufacturing Process portfolio of various companies according to the region.
The objective of the report is to present a comprehensive assessment of the market and contain insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding the Global Epoxy Composite Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by Fabric Manufacturing Process, price, financial position, Fabric Manufacturing Process portfolio, growth strategies, and regional presence.
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Scope of the Global Epoxy Composite Market Report: Inquire before buying
Global Epoxy Composite Market, By Fabric Type
• Glass Fiber
• Carbon Fiber
• Other Fibers
Global Epoxy Composite Market, By Manufacturing Process
• Layup Process
• Compression Molding Process
• Resin Injection Molding Process
• Resin Transfer Molding Process
• Filament Winding Process
• Pultrusion Process
Global Epoxy Composite Market, By End-Use Industry
• Wind Energy
• Aerospace & Defense
• Automotive & Transportation
• Sporting Goods
• Electrical & Electronics
• Pipe & Tank
• Marine
• Others
Global Epoxy Composite Market, By Region
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Key Players Operating in the Global Epoxy Composite Market:
• Cytec Solvay Group
• Hexcel Corporation
• Royal Tencate N.V.
• Teijin Limited
• Toray Industries Inc.
• Gurit Holding AG
• SGL Group
• Axiom Materials
• Mitsubishi Rayon Co., Ltd.
• Park Electrochemical Corporation
• Kemrock Industries and Exports Limited
• Sumitomo Bakelite Co., Ltd.
• Myko Engineering
• Rotec Composite Group B.V.
• Barrday
• Gordon Composites, Inc.
• Hindoostan Composite Solutions
• ATL Composites
• IDI Composites
• Isosport.
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