According to a market report by Lucintel, the future of the global vacuum bagging material market looks promising with opportunities in the wind energy, aerospace, automotive, and marine. The global vacuum bagging market is expected to reach an estimated $3 billion by 2031 with a CAGR of 5% from 2024 to 2031. The major growth drivers for this market are increasing usage of composites in aerospace & defense and wind energy as well as growing acceptance of VARTM (Vacuum Assisted Resin Transfer Molding) process.
A more
than 150-page report to understand trends, opportunity and forecast in global vacuum
bagging material market to 2031 by end use industry (wind energy, aerospace,
automotive, marine, and other end use industries), product (vacuum bagging
film, release film, peel ply, breather/bleeder, and other products), process
(VARTM and prepreg), and region (North America, Europe, Asia Pacific, and the
Rest of the World)..
Lucintel
forecasts that vacuum bagging film will remain the largest market due to its
excellent optical properties, high temperature resistance, toughness, good
flexibility, high elongation, and very low permeability.
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sample by clicking on vacuum
bagging material market.
Within the
global vacuum bagging material market, wind energy will remain the largest end
use industry by value due to increasing demand for composites materials in wind
energy. Aerospace segment is expected to witness highest growth over the
forecast period due to the increasing penetration of composites in aerospace.
APAC is
expected to remain the largest market for vacuum bagging material due to the
growing renewable energy market in China and India and also is expected to
witness the highest growth rate during the forecast period.
Airtech
International Inc., Aerovac Composites One, Diatex SAS, Shanghai Leadgo-TechCo,
Zhejianh Youwei New Materials Co. Ltd., Vactec Composites Pvt. Ltd. are the
major suppliers in the vacuum
bagging material market.
This unique 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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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