Polymer Matrix Composites Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025
The advanced polymer matrix market is driven by the development of various light weight and high performance aeroplanes. The polymer matrix composites market is expected to increase as various sectors seek to improve material performance at a low cost. The market is fueled by some end-user industries, such as military, which is solely driven by performance. However, because of the high cost of raw materials and the need for trained labour, the production cost of advanced polymer matrix composites is high, limiting market expansion. The advanced polymer matrix market is driven by the development of various light weight and high performance aeroplanes.
The polymer matrix composites market is expected to increase as various sectors seek to improve material performance at a low cost. The market is fueled by some end-user industries, such as military, which is purely driven by performance. However, because of the high cost of raw materials and the need for trained labour, the production cost of advanced polymer matrix composites is high, limiting market expansion.
Fiber type, matrix material, adhesives type, application, and region are all used to segment the advanced polymer matrix composites market. Fiberglass, kevlar, carbon/graphite, boron, and ceramic are the different types of fibres available. It is divided into thermosetting and thermoplastic resins based on the matrix material. Polyester resins, vinyl ester resins, phenolic resins, epoxy, polyimides, polybenzimidazoles, and bismaleimides are among the thermosetting resins. Semicrystalline thermoplastics, amorphous thermoplastics, and polyether ether ketone are the three types of thermoplastic resins.
This research is divided into three categories: film adhesives, paste adhesives, and foamy adhesives. The market is divided into aerospace/military, marine, automotive, chemical, and other applications (construction, bio-medical, sports goods, and electrical). North America, Europe, Asia-Pacific, and LAMEA are the regions studied.
Arkema Group, BASF SE, Hexcel Corporation, Cytec Industries Inc., Koninklijke Ten Cate BV, Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, TPI Composites, Inc., Solvay Group of companies, and SGL CARBON SE are some of the major players profiled in this report.
Fiber type, matrix material, adhesives type, application, and region are all used to segment the advanced polymer matrix composites market. Fiberglass, kevlar, carbon/graphite, boron, and ceramic are the different types of fibres available. It is divided into thermosetting and thermoplastic resins based on the matrix material. Polyester resins, vinyl ester resins, phenolic resins, epoxy, polyimides, polybenzimidazoles, and bismaleimides are among the thermosetting resins. Semicrystalline thermoplastics, amorphous thermoplastics, and polyether ether ketone are the three types of thermoplastic resins.
This research is divided into three categories: film adhesives, paste adhesives, and foamy adhesives. The market is divided into aerospace/military, marine, automotive, chemical, and other applications (construction, bio-medical, sports goods, and electrical). North America, Europe, Asia-Pacific, and LAMEA are the regions studied.
Arkema Group, BASF SE, Hexcel Corporation, Cytec Industries Inc., Koninklijke Ten Cate BV, Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, TPI Composites, Inc., Solvay Group of companies, and SGL CARBON SE are some of the major players profiled in this report.
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