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Monday, June 27, 2016

Lucintel identifies and prioritizes opportunities in global composites industry by end use industries and region



The global composites market is anticipated to witness good growth with a CAGR of 3.5% over the next five years. The major drivers of growth for this market are double-digit growth in wind energy and strong growth in aerospace market. Increasing urban population and high growth in the building and infrastructure development are other major drivers. Lucintel, a leading global management consulting and market research firm, has analyzed the global composites industry and presents its findings in “Growth Opportunities in Global Composites Industry 2016-2021.”

The Asian region, which has already emerged as the largest growth area for the composites industry, is expected to further consolidate its leadership. Asia is anticipated to have a market share of approximately 47.7% by volume in 2021. North America is expected to be second with an estimated market share of 26.2% in 2021. Nevertheless, comparatively lower levels of per capita composites consumption is anticipated to help high growth markets in BRIC countries sustain momentum for a longer period. On a global basis, the composites industry is forecast to grow by 3.5% in 2016. Improving economic conditions in major countries, such as the US and Europe are expected to propel the global composites market once again towards strong growth.

Lucintel’s research further reveals that demand for composite materials in the aerospace sector is expected to witness the maximum growth among all sectors. Construction and transportation are anticipated to witness good growth in the next five years. Carbon fiber composite applications are expected to grow more rapidly compared to glass fiber applications.

In the future, Lucintel expects higher market fragmentation for the industry due to the emerging economies coming into play. The future market is expected to be highly competitive, and companies with innovative capabilities can be anticipated to thrive and gain market share.

Emerging trends, which have a direct impact on the dynamics of the industry, include development of low-cost carbon fibers for automotive, wind and industrial applications. Development of high performance glass fiber and shorter cycle time of resin system is other emerging trends in composites industry.

This report by Lucintel provides a concise overview of the global composites market. The study contains detailed analysis of different raw material use such as glass fiber, carbon fiber, aramid fiber, UPR, epoxy, vinyl ester, phenolic, polyurethane and thermoplastic resin. 

The data and analysis found in this report can be utilized for a variety of functional business reasons including business development, strategic planning, business presentations, determination of market size and trend, competitive analysis, investment decisions, business vision, and joint product development.

This report is a must-have report by every company working in the composites industry. In today’s global economy, you need every advantage that you can find to keep you ahead in your business. Learn about current and future trends, identify key players, and explore the directions that the industry and different segments are heading.

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

To make any investment, business or strategic decisions, you need timely and robust market information. This market report fulfills this core need. This is an indispensable reference guide for composite material suppliers, product manufacturers, investors, researchers, engineers, distributors and many more, who are dealing with the composites industry.

·    Market breakdown by manufacturing technologies by manufacturing process, by market segments, and by various material types:
  • Thermoset and thermoplastic composites market size
  • Market outlook and global trends in automotive, marine, construction, aerospace and other important market segments with needs and challenges of various market segments
  • Value chain analysis. Dollar and gross profit flow through various nodes of the value chain (from raw material to final application)
  • Material price and property comparison. Fiber and resin price history and forecast. Material prices of fibers, resins, fabrics, prepregs, adhesives.
  • Company profiles of material and end product manufacturers
  • Current innovations in Global composites industry

This 371-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/composites_market_2021.aspx  or   helpdesk@lucintel.com. Lucintel offerings include advanced materials reports, composite materials market report, strategic growth consulting, market research due diligence and market research reports online.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Tuesday, June 21, 2016

Lucintel identifies and prioritizes opportunities for growth in the epoxy curing agent in the global composites industry by end use application, product type and region



According to a new market report published by Lucintel, the future of the epoxy curing agent in the global composites industry looks good, with opportunities in the aerospace, pipe and tank, and wind energy applications. Epoxy curing agents are chemically active compounds those help in resin formulation and promote cross linking reaction to form a rigid thermoset structure. The epoxy curing agent in the global composites industry is forecast to grow at a CAGR of 5.5% by value from 2015 to 2020. The major drivers of growth for this market are growth of end-use industries and increasing use of high-performance epoxy-based composite materials. 

In this market, aliphatic, cycloaliphatic, aromatic, dicyandiamide, and anhydride are the major products used as curing agents in the global composites industry. Aliphatic is the largest product segment and is expected to remain the same during the forecast period. Lucintel predicts that the demand for aromatic is expected to experience the highest growth rate in the forecast period supported by growing demand for high performance composites in aerospace applications. 

Asia Pacific is expected to remain the largest market due to growth of composites industry. North America is expected to show above average growth during the forecast period due to increasing demand for high-performance epoxy-based composites in the aerospace, wind energy, and other end use industries.

For market expansion, the report suggests innovation and new product development, where the unique characteristics of epoxy curing agent can be capitalized. Some of the innovation areas in epoxy curing agent could be in the lowering of curing time, increasing pot life, and lowering the heat of exothermic reaction.  

Emerging trends, which have a direct impact on the dynamics of the industry, include development of epoxy curing agents which are less hazardous to human health and have faster cure, and improved performance characteristics. Air Products, BASF SE, Huntsman, Momentive, and Dow Chemicals are among the major players of epoxy curing agent in the global composites industry.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the epoxy curing agent market in the global composites industry by end use application, product type and region, and has come up with a comprehensive research report, “Growth Opportunities in Epoxy Curing Agent in the Global Composites Industry 2015-2020: Trend, Forecast, and Opportunity Analysis” The Lucintel report serves as a springboard for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for epoxy curing agent in the global composites industry through 2020, segmented by end use application, product type and region as follows:

By end use application type [Value ($M) and Volume (M lbs) shipment analysis for 2009 – 2020]

·         Wind Energy
·         Pipe and Tank
·         Aerospace
·         Others

By product type [Value ($M) and Volume (M lbs) shipment analysis for 2009 – 2020]

·         Aliphatic Amines
·         Cycloaliphatic Amines
·         Aromatic Amines
·         Dicyandiamide
·         Anhydride
·         Catalyst
·         Others

By region [Value ($M) and Volume (M lbs) shipment analysis for 2009 – 2020]

·         North America
·         Europe
·         Asia Pacific
·         Rest of the World 

This 115-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/growth_opportunities_in_epoxy_curing_agents_in_the_global_composites_industry_2015_2020_trends_forecast_and_opportunity_analysis_trends_forecast_and_opportunity_analysis_february_2016.aspx  or   helpdesk@lucintel.com. Lucintel offerings include advanced materials reports, composite materials market report, business strategy consulting, market research due diligence and marketing research reports online.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q. 1. What are some of the most promising, high-growth opportunities for epoxy curing agent in global composites industry by product type and region?
Q. 2.Which product segments will grow at a faster pace and why?
Q. 3.Which region will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
Q.5.What are the business risks and competitive threats in this market?
Q.6.What are emerging trends in this market and reasons behind them?
Q.7.What are some changing requirements and demands of customers in the market?
Q.8.What are the new developments in the market and which companies are leading these developments?
Q.9.Who are the major players in this market? What strategic initiatives are being taken by key companies for business growth?
Q.10. What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via materials / product substitution?
Q. 11. What M & A activities have transpired in the last 5 years in this market and describe their impact on the industry?