The global Epoxy Composite market is expected to rise with an impressive CAGR and generate the highest revenue by 2027. Zion Market Research in its latest report published this information. The report is titled Global Epoxy Composite Market“. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
The epoxy composite market was valued at USD 21.6 billion in 2015 and is projected to reach USD 33.1 billion by 2021, at a CAGR of 7.3% during the forecast period. In this study, 2015 has been considered as the base year, while the forecast period is from 2022 to 2028.
- Increasing demand for epoxy composite from wind energy industry
- Emerging demand from developing countries
- Need for material with high mechanical strength, lightweight, and resistance against corossion
- Adoption of low cost production technologies
- Growing wind energy industry in developing economies
- High cost of raw material and research & development activities
- Reduce cycle time of epoxy composite part manufacturing
The Report Lists the Key Companies in the Epoxy Composite Market:
Park Electrochemical Corporation, Cytec Solvay Group, Hexcel Corporation, Gurit Holdings AG, Teijin Limited, Toray Industries, Mitsubishi Chemical Corporation, SGL Carbon, Hindoostan Composite Solutions, and Axiom Materials
The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other Epoxy Composite market trends. The report is available for sale on the company website.
Further, the report acknowledges that in these growing and promptly enhancing market circumstances, the most recent advertising and marketing details are very important to determine the performance in the forecast period and make essential choices for profitability and growth of the Epoxy Composite. In addition, the report encompasses an array of factors that impact the growth of the Epoxy Composite in the forecast period. Further, this specific analysis also determines the impact on the individual segments of the market.
Product Types: Glass, Carbon
On the Basis of Application: Automotive & Transportation, Wind Energy
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Regional Analysis for Epoxy Composite Market :
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Epoxy Composite Market :
4.Key Epoxy Composite Market Insights
5.Global Market Analysis, Insights and Forecast, 2015-2027
6.North America Market Analysis, Insights and Forecast, 2015-2027
7.Europe Market Analysis, Insights and Forecast, 2015-2027
8.Asia Pacific Market Analysis, Insights and Forecast, 2015-2027
9.The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2027
10.Latin America Market Analysis, Insights and Forecast, 2015-2027
12.Global Epoxy Composite Market Revenue Share Analysis, By Key Players, 2021
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