Advanced Polymer Composites Market: Technological Advancement & Growth Analysis with Forecast to 2025
Category: #headlines  By Partha Ray  Date: 2019-09-09
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Advanced Polymer Composites Market: Technological Advancement & Growth Analysis with Forecast to 2025

Global Market Insights, Inc. recently introduced new title on 2018-2025 Global Advanced Polymer Composites Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025.

In the last few years, advanced polymer composites market has witnessed a remarkable growth graph with the increasing requirement for composite materials across the aerospace, automotive, and construction sectors. With the favorable advancements in the material science technology, researchers have successfully come up with a new range of products that have become alternatives for already existing metallic materials. These composite materials have nearly similar properties to that of metallic materials, but have far less weight density as compared to metal composites.

Request for a sample copy of this report @    https://www.gminsights.com/request-sample/detail/1175

Recently in May 2018, the well-known aeronautical company, Airbus offered a long-term contract to Teledyne CML Composites to supply composite wings components and assemblies to its commercial airliner. In this contract, the UK based composite manufacturer will provide long range of composite parts for Airbus’ A350-900 and A350-1000 aircraft wings.

In order to manufacture both – the wings structure and fuselage of the A350 series aircraft, it has used a carbon-fiber reinforced polymer that will reduce the maintenance cost and improves components’ resistance to corrosion. After receiving the long-term contract from Airbus, Teledyne CML Composites has considerably improved the quality of its composite parts that will help it to gain access to new business opportunities from several other end-users.

Speaking along the same line, Mitsui Chemicals will start its commercial operation by October 2019 with the production capacity of 3500 tons per year that will turn out to be rather beneficial for leading automakers. Owing to the excellent impact resistance, lightweight, better appearance, and hardness, LGFPP is preferred for automotive applications. In the last few years, with the increasing popularity of electric vehicles along with the deployment of strict environmental norms, the demand for LGFPP has increased remarkably. Reportedly, in line with the surging demand for automobiles across India and China, APAC advanced polymer composites market will register a CAGR of more than 8% over 2018-2025.

Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/advanced-polymer-composites-market

In addition to capacity expansions, several other contributors in the advanced polymer composites industry have been looking forward to enhancing their product portfolio with the strategic mergers and acquisitions. For instance, in June 2018, global provider of specialized polymer material, PolyOne has acquired leading manufacturer of high-performance and advanced composites, PlastiComp.

 This deal will become fruitful for PolyOne to improve its existing portfolio, aided by PlastiComp’s expertise in the long fiber technology. In the future, PolyOne is planning to launch unique and long fiber technology composite formulations to expand its customer base. The strategies adopted by the players in the advanced polymer composites market to focus on the diverse application scope is poised to boost the industry growth over the years ahead.

Partial Chapter of the Table of Content:

Chapter 3. Advanced polymer composites Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2014 - 2025

3.3.  Industry ecosystem analysis

3.3.1. Profit margin

3.3.2.   Value addition

3.3.3.   Distribution channel analysis

3.3.4.   Vendor matrix

3.3.4.1.     List of key manufacturers/suppliers

3.3.4.2.     List of key/potential customers

3.4.  Raw material trends

3.5.  Technology landscape

3.6.  Industry impact forces

3.6.1. Growth drivers

3.6.1.1.     Increasing product demand from aerospace industry

3.6.1.2.     Product applications in wind energy generation

3.6.2. Industry pitfalls & challenges

3.6.2.1.     High production cost

3.7.  Regulatory landscape

3.7.1. U.S.

3.7.2.   Europe

3.7.3.   China

3.8.  Growth potential analysis

3.9.  Competitive landscape

3.9.1. Company market share, 2017

3.9.2.   Strategy dashboard

3.9.3.   Patent analysis

3.10.  Porter's analysis

3.10.1.   Supplier power

3.10.2.   Buyer power

3.10.3.   Threat of new entrants

3.10.4.   Threat of substitutes

3.10.5.   Industry rivalry

3.11.  Regional price trends

3.11.1.   Cost structure analysis

3.11.1.1.     R&D cost

3.11.1.2.     Manufacturing & equipment cost

3.11.1.3.     Raw material cost

3.11.1.4.     Distribution cost

3.11.1.5.     Operating cost

3.11.1.6.     Miscellaneous cost

3.11.2.   Price by product

3.11.3.   Price by applications

3.12.  PESTEL analysis

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1175           

The collaborative approach undertaken between the OEMs and product suppliers in line with the on-going product innovation and design changes is likely to impel advanced polymer composites industry trends. The shifting trends toward the development of lightweight components for improving the fuel efficiency and curbing emission also will have a positive impact on the product demand. Reportedly, advanced polymer composites market will surpass a revenue collection of USD 17 billion by the end of 2025.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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