Epoxy Composite Market Opportunity, Drivers, Restraints and Forecast-2029


Posted June 30, 2023 by Karan-Maximize_123

Future market expansion for epoxy curing agents will be primarily driven by the availability of a broad range of applications in the industrial coatings, automotive applications, metal-to-metal adhesives, and electronic potting sectors.
 
Epoxy Composite Market : was valued at US$ 25.11 Bn in 2021 and is expected to reach US$ 43.44 Bn by 2029, at a CAGR of 7.09% during the forecast period.

Epoxy Composite Market Overview:

The exceptional characteristics of epoxy composite, such as its high strength, Epoxy Composite Market light weight, and durability, are expanding its use in numerous industrial applications. The wind energy, automotive & transportation, aerospace & defence, and construction industries are likely to have rising demand for epoxy composite over the forecast period. The price volatility of raw materials and problems with recycling, however, may impede the growth of the worldwide epoxy composite market.

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Market Scope:

Future market expansion for epoxy curing agents will be primarily driven by the availability of a broad range of applications in the industrial coatings, automotive applications, metal-to-metal adhesives, and electronic potting sectors. the need for resin formulations based on epoxy curing agents, primarily from the paint and coatings industry. Additionally, during the anticipated period, the aerospace and wind energy industries' demand for epoxy resin-based composites will assist the expansion of the global market.

Segmentation:

by Fabric Type:

• Glass Fiber

• Carbon Fiber

• Other Fibers



by Manufacturing Process:

• Layup Process

• Compression Molding Process

• Resin Injection Molding Process

• Resin Transfer Molding Process

• Filament Winding Process

• Pultrusion Process


by End-Use Industry:

• Wind Energy

• Aerospace & Defense

• Automotive & Transportation

• Sporting Goods

• Electrical & Electronics

• Pipe & Tank

• Marine

• Others

The demand for epoxy composites is anticipated to rise due to applications in sectors including wind energy, oil & gas, pipe & tanks, electrical & electronics, and marine, among others. Based on the fabric type segment, glass fiber-based epoxy composites offer better fabrication adaptability, high durability, and high strength-to-weight ratio. To understand how the market will develop over the projected period, the study has examined each of these application industries by region. The countries leading in investment are examined along with the investment that has already been made and that is anticipated over the forecast period. The decision-makers will receive a micro-level view of the industry via a country-by-country examination of the industry from the supply-side.

Epoxy Composite Market: Research Methodology


Epoxy Composite Market: Executive Summary
Market Overview and Definitions
Introduction to Epoxy Composite Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry


Epoxy Composite Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact


Epoxy Composite Market Segmentation
Epoxy Composite Market, by Fabric Type (2021-2029)
Epoxy Composite Market, by Manufacturing Process (2021-2029)
Epoxy Composite Market, by End-Use Industry (2021-2029)


Regional Epoxy Composite Market(2021-2029)
Regional Epoxy Composite Market, by Fabric Type (2021-2029)
Regional Epoxy Composite Market, by Manufacturing Process (2021-2029)
Regional Epoxy Composite Market, by End-Use Industry (2021-2029)
Regional Epoxy Composite Market, by Country (2021-2029)


Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments


Key Players:
• 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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Regional Analysis:

Due to the presence of expanding wind automobile & transportation, energy, and aerospace & defence sectors in the region, Asia-Pacific dominated the worldwide epoxy composite market. Additionally, it is anticipated that the use of the global epoxy composites market in the construction, pipe & tank, electrical & electronics, and marine industries would be fueled by the existence of significant epoxy composite producers, a growing economy, and fast urbanisation in the region. In this region, the demand for PCB, where glass fiber-based epoxy composites are frequently employed, is rising quickly.

COVID-19 Impact Analysis on Epoxy Composite Market : In addition, the paper evaluates the influence of COVID-19 on the Epoxy Composite Market . The primary goal of this research is to assist users in understanding the market in terms of definition, segmentation, market potential, important trends, and challenges that the industry faces across major regions. The study presents a microeconomic and macroeconomic analysis of COVID-19's overall impact on the Epoxy Composite Market . The analysis focuses on market share and size, clearly illustrating the impact of the pandemic on the global Epoxy Composite Market in the next years.

Key Questions Answered in the Epoxy Composite Market Report are:

What will be the Epoxy Composite Market 's CAGR throughout the projected period (2022-2029)?
Which market category emerged as the market leader in the Near Field Communication (NFC) India industry?
Who are the key players in the Epoxy Composite Market ?
What important trends in the Near Field Communication (NFC) India industry are anticipated to develop throughout the forecast period?
How big will the Epoxy Composite Market be in 2029?
In 2020, which business segment had the highest proportion of the Epoxy Composite Market ?
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Issued By Karan
Country India
Categories Business
Tags epoxy composite market
Last Updated June 30, 2023