Epoxy Composite Market Overview:
The global epoxy composite market is projected to touch USD 38.194666 billion at a favorable 7.4% CAGR over the predicted years (2018-2023). Epoxy resins is a high or low molecular weight polymeric or pre-polymeric material that has two epoxide groups. This is largely used in construction industries, aerospace and defense and automotive. Besides this, it is also used in the marine industry, consumer goods, sports equipment and industrial tools.
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Epoxy Composite Market Key Players:
• Axiom Materials, Inc. (US)
• Hexcel Corporation (US)
• Cytec Solvay Group (Belgium)
• Koninklijke Ten Cate nv. (Netherlands)
• Teijin Limited (Japan)
• Toray Industries, INC. (Japan)
• Mitsubishi Rayon Co. Ltd. (Japan)
• Rotec Composite Group B.V. (Netherlands)
• SGL Group (Germany)
• Gordon Composites, Inc. (US)
among others are some of the prominent players at the forefront of competition in the Global Epoxy Composites Market and are profiled in MRFR Analysis.
Epoxy Composite Market Segment Analysis:
The global epoxy composite market is majorly segmented on the basis of types, end users and region. Based on types of epoxy composite the market is segmented into glass epoxy composite and carbon epoxy composite. Based on end user the market segmented into automotive, transportation, aerospace & defense, sporting goods, electronics industry, construction industries, and others (Wind power industry, Oil & Gas, Marine). Based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.
Epoxy Composite Market Regional Analysis:
Asia Pacific is the largest market of epoxy composite due to demand in various applications such as automotive, transportation and aerospace & defense in China region followed by Japan, and India. Increasing demand for automotive, aerospace and construction industry in the India, Japan and South Korea has made Asia Pacific largest consumer of the global epoxy composite market followed by increasing in the consumption of epoxy composite market in North America region.
The third largest market of epoxy composite is Europe. Latin America and Middle East also witnessed in growth of epoxy composite market due to various end user industry such as electronics industry, construction industries, and others.
Epoxy Composite Market Table of Content to be Continue…….,
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