Chromium Salt Market Segmentation : In-Depth Overview and Region-wise Outlook 2017 - 2025
Press
Release - 20 April 2018
Global
Research and Development News
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Report
Description-
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Composites are two or more materials with
markedly different physical or chemical properties – categorized as
“matrix” or “reinforcement” – combined in a way that they
act in concert, yet remain separate and distinct at some level
because they don’t fully merge or dissolve into one another. Carbon
fibers have several advantages such as high stiffness, high tensile
strength, low weight, high chemical resistance, high temperature
tolerance, low thermal expansion, etc. These properties support the
application of carbon fiber in the manufacturing of various
composites.
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Increase in demand for lightweight
materials from end use industries such as aerospace and automotive
drives the carbon-based composite material market. Carbon-based
composite material is recognized as a strong resilient and
lightweight composite that can be used as a substitute for heavy
steel and aluminium applications in multiple industries. Stringent
government regulations regarding vehicular emissions and increasing
in the fuel efficiency are expected to prompt automobile
manufacturers to use carbon-based composite material in order to
reduce the overall weight of the components.
Based on type of matrix, carbon-based composite
material can be divided into carbon fiber reinforced carbon matrix,
carbon fiber reinforced metal matrix, carbon fiber reinforced ceramic
matrix, carbon fiber reinforced polymer matrix, and carbon fiber
reinforced hybrid matrix. Carbon fiber reinforced polymer matrix
composite can be further bifurcated into carbon fiber reinforced
thermoset matrix and carbon fiber reinforced thermoplastic matrix.
Among these, carbon fiber reinforced polymer matrix composite has the
dominant market share, followed by carbon fiber reinforced carbon
matrix composite.
In terms of process employed for manufacturing of
carbon-based composite material, the market can be classified into
lay-up process, filament winding, injection moulding, pultrusion,
compression moulding and resin transfer moulding. The lay-up process
of manufacturing is projected to lead the carbon-based composite
material market during the forecast period. The lay-up process
comprises of hand lay-up and spray-up processes. The lay-up process
helps the manufacturer to customize the orientation of fibers to make
them absorb maximum stress when subjected to heavy loads. The
filament winding and pultrusion processes of manufacturing are
anticipated to drive the carbon-based composite material market in
the near future.
In terms of end-user, the carbon-based composite
material market can be segmented into aerospace & defense,
automotive, wind energy, sports & leisure, construction, marine,
and others which includes construction of pipes, tanks, and household
products. The aerospace & defense constitutes the leading share
of the market due to the increase in requirement for lightweight
materials for increased fuel efficiency. Extensive development in the
global aerospace and defense sector is expected to rise the demand
for carbon-based composite material in the industry. Furthermore,
increase in demand for carbon-based composite material from
automotive OEMs is projected to boost the market in the near future.
Usage of carbon-based composite material in wind energy (turbine
manufacturing) and construction is also gaining momentum.
Based on geography, the carbon-based composite
material market can be segmented into, North America, Latin America,
Asia-Pacific, Europe and Middle East & Africa. North America is
expected to be the dominant market owing to concentration of several
aircraft manufacturers such as Boeing in the region. The carbon-based
composite material market in Europe is expected to expand during the
forecast period. It can be attributed to the prevalence of stringent
environmental regulations in the region. Industrial expansion in the
region and presence of well-established car manufacturers prompt
European automotive manufactures to use lightweight materials in
construction of cars for increasing fuel efficiency. The carbon-based
composite materials market in Asia Pacific is primarily driven by
China and Japan and is anticipated to expand in the next few years.
Key players operating in the global carbon-based
composite material market include, Toho Tenax, Mitsubishi Chemical
Carbon Fiber and Composites, Hexcel, SGL Group, Teijin Limited,
Toray, Carbon Composites Inc., 3C-Carbon Group AG, Kineco, and
Dexcraft.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
– More
Clear Details get Table of Contents
https://www.researchmoz.us/carbonbased-composite-material-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html#table-of-content
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