DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Top 10 High Growth Composite Material Market - Global Forecasts to 2021" report to their offering.
The top 10 high growth composite materials market is projected to reach USD 69.50 billion in 2015 to USD 105.26 billion by 2021, at a CAGR of 7.04% between 2016 and 2021.
The major factor expected to boost the growth of the market is high demand for top 10 composite materials from the aerospace & defense, wind, and transportation applications. However, the high cost of manufacturing and raw materials and recyclability issue associated with composites may restrain the growth of the market.
The aerospace & defense application led the top 10 high growth composite materials market, by value. Composite aerospace structures are required to survive extreme operating conditions, such as high stress, shock, and impact loads. These requirements of complex aerospace structures are fulfilled by composites. There is an increase in the demand for top 10 composite materials, due to the development of new aircraft, including Airbus A350 XWB and A320neo and Boeing 787 and 737 MAX.
- Celanese Corporation
- Citadel Plastics Holdings Inc.
- Diab Group (Ratos)
- Exel Composites
- General Electric Company
- Hexcel Corporation
- Hexion Inc.
- IDI Composites International
- Renegade Materials Corporation
- Rolls-Royce PLC.
- Solvay Group (Cytec Industries, Inc.)
- Strongwell Corporation
- Teijin Limited
- Toray Industries Inc.
- Upm Biocomposites
Key Topics Covered:
1 Introduction: Composites Material
2 Research Methodology: Composites Material
3 Carbon Fiber Reinforced Plastics (CFRP) Market
4 Core Materials Market
5 Ceramic Matrix Composites Market
6 Prepreg Market
7 High Temperature Composite Materials Market
8 Pultrusion Market
9 LFT Composites Market
10 Natural Fiber Composites Market
11 SMC and BMC Market
12 Composite Resin Market
For more information about this report visit http://www.researchandmarkets.com/research/xj99lg/top_10_high