Advanced Composites Market is projected to grow from USD XX Billion in 2018 to USD 65.62 Billion by 2026, at a CAGR of XX % between 2019 and 2026.
Advanced composites involve manufacturing technology, materials and engineered composites with enhanced physical and mechanical properties. Technical innovation on the lightweight vehicle to increase fuel efficiency and reduce carbon emission in the automotive sector and aerospace spacecraft is a major factor driving the market.

Ease in the manufacturing process of complex structures resulted in automated fiber placement and automated tape laying becoming the largest segment of advanced composites market. Carbon fiber became the largest segment based on fiber type owing to the product being light-weight and strong. Thermoplastic resins have wide applications across numerous industries due to properties like thermal stability even in moist conditions. This allowed thermoplastic resins to be suitable for that have high temperature and corrosion. Aerospace and defense industry holds the largest market share with transportation monitoring fastest growth in end-use industry segment for advanced composites market.
Scope of the Report:

Advanced Composites Market, by Fiber Type:

• Aramid
• Carbon
• S-Glass
• Other

Advanced Composites Market, by Resin Type:

• Advanced Thermosetting Composites


Polyester


Phenolic


Vinyl Ester


Polyurethane


Epoxy


Others


• Advanced Thermoplastic Composites


Polyphenylene Sulfide


Polyetheretherketone


Polyetherimide


Others


Advanced Composites Market, by Manufacturing Process:

• Filament Winding
• Injection Molding
• Compression Molding
• Hand layup/ Spray Layup
• Automated Fiber Placement (AFP) & Automated Tape Laying (ATL)
• Pultrusion
• Vacuum Assisted Resin Transfer Molding (VARTM) or Vacuum Injected Molding (VIM)
• Others

Advanced Composites Market, by End-use Industry:

• Wind Energy
• Sporting Goods
• Transportation
• Aerospace & Defense
• Pipes & Tanks
• Electrical & Electronics
• Civil Engineering
• Medical
• Marine
• Others

Advanced Composites Market, by Region:

• North America
• Asia Pacific
• Europe
• Middle East & Africa
• Latin America
Key Players analysed in the Advanced Composites market:

• Owens Corning (U.S.)
• Teijin Limited (Japan)
• Toray Industries, Inc., (Japan)
• SGL Group (Germany)
• Solvay (Belgium)
• Hexcel Corporation (U.S.)
• Gurit (Switzerland)

For More Information Visit @: https://www.maximizemarketresearch.com/market-report/global-advanced-composites-market/303/



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