Transparency
Market Research Reports incorporated a definite business overview and
investigation inclines on "Advanced Polymer Composites Market".
This report likewise incorporates more illumination about fundamental
review of the business including definitions, requisitions and
worldwide business sector industry structure.
Advanced
polymer composites (APCs) are high performance materials which are
manufactured from continuous fibers using various processes such as
resin infusion, pultrusion and filament winding. The fibers used in
production of APCs are aramid, carbon fibers, S2-glass and E-glass.
In addition to these fibers, four types of resins are used as a
matrix in quantity; epoxy, vinylester, phenolic and polyester. APCs
are used in aerospace, automotives, residential and infrastructure,
marine, sport goods and mass transportation among others.
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One
of the major factors driving this market is the growing aerospace
market. APCs are consumed mainly in aerospace and marine applications
which have been driving the market in past few years. APCs offer
higher performance and lighter weight than other composites and
hence, are preferred in aerospace. APCs are used in glares, aircraft
interiors and space applications. In addition, APCs are used in
sporting goods such as golf shafts, skis, snowboards and others.
However, the higher prices of the APCs can be a restraining factor
for the growth of this market.
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On
the basis of technology, advanced polymer composites the market is
divided into prepregs, resin infusion, pultrusion and filament
winding. Prepregs is the majorly used manufacturing technology for
APCs. However, pultrusion and resin infusion process are likely to
gain higher market share in near future. North America is the leading
region for the APCs market and is likely to grow in near future owing
to huge demand from aerospace and military sector in this region.
North America was followed by Europe where marine application is
expected to gain more market. Asia Pacific is one of the fastest
emerging markets for ACPs owing to growing aerospace and marine
industry.
Some
of the key players in the FRCs market are The Boeing Company, Hexcel
Corporation, Cytec Industries Inc., Koninklijke Ten Cate nv and TPI
Composites among others.
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