Advanced Polymer Composites Market is set to projected $17 bn by 2025
Date: 2018-12-07   Author: Rahul Varpe  Category: #news

Advanced Polymer Composites Market is set to projected $17 bn by 2025

Sturdy growth in the aerospace industry, including commercial and civil airlines are the prime factors driving the advanced polymer composites market size in the coming years. The product delivers superior mechanical features including high abrasion resistance and strength, which makes it appropriate to find operations in aircraft parts production. Rising urbanization and increasing consumer spending power will propel the number of airline passengers globally. For instance, in 2006, the overall revenue passenger kilometers (RPK) was more than 4 billion and is poised to exceed 15 billion RPK by 2033.

Resins accounted for more than 55% of the overall advanced polymer composite market volume in 2017. Major resins include epoxy resins, phenolic resins and polyester resins. The high tensile strength and the anti-abrasion properties of the product will augment the advanced polymer composites market in the near future. 

Request sample copy of this report @

The increasing need of high performance composites is to make components such as auto parts, wind blades, aviation components, boat structures and electrical conductors. Epoxy resins owing to high adhesive and water resistance properties are widely used in the boat building industry. Furthermore, high electric & flame resistance along with excellent mechanical strength makes them suitable to find widespread applications in electrical materials and metal bonding which will surely amplify the advanced polymer composites market size in the coming years.
Advanced polymer composite market size for application in autoparts is projected to rise at a CAGR over 7.5% by 2025. In order to reduce GHG emissions from automobiles, various regulatory agencies such as Federal Highway Administration, U.S. EPA and EU Commission for Transportation have stipulated guidelines and legislations to reduce gross vehicular weight. 

This trend has been instrumental in driving plastics and composites demand in automotive components as an alternative to metals & alloys. which will make noteworthy contribution to the overall advanced polymer composites industry share in the near future. Similarly, growing requirement for high performance luxury vehicles for weight reduction, that enhances the vehicle’s performance as it improves power to weight ratio. Therefore, escalating commercial and personal vehicle demand across the globe will positively influence the complete advanced polymer composites market size in the coming years.

Browse Report Summery @

In 2017, North America advanced polymer composites market size was over USD 3 billion. Advancements in terms of product development coupled with presence of major multinational companies have provided North America with growth advantage over other regions in the recent years. Drifting regional trend towards wind energy generation will positively influence the product demand. Moreover, strong aerospace industry in the U.S. will complement regional growth in the coming years.

Rapid rise in the aircraft production with reduction in airline fares will accelerate the product demand in the expected timeframe. Advanced polymer composites market size is also influencing the automotive market with light weight and strong vehicle parts. For instance, global vehicle manufacturing in 2013 was roughly around 87 million units and is expected to exceed 130 million units over the forecast period. Socio economic aspects such as improved lifestyles and increasing disposable income has considerably propelled the automotive sales across the globe.

Make an inquiry for purchasing this report @

High cost of production and high product prices may prove to thrive as an obstacle in the growth of advanced composite market size in the expected time period. However, drifting focus towards renewable power generation sources will positively drive the product demand for manufacturing blades used in wind energy plants. Moreover, the global wind capacity is likely to observe growth over 12% by 2025, particularly due to the decreasing fossil fuel dependency for energy generation.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

Read More

More from Rahul

Post Recommendents

Atomized Ferrosilicon Market Size 2018: by Manufacturers, Countries, Type and Application
Author: Partha Ray

The Global Atomized Ferrosilicon Market 2018-2025 Renders deep perception of the Market Segment by Regions market status of the Atomized Ferrosilicon on a global level that primarily aims the core regions which comprises of continents like North A...

Ultra-fine ATH (Ultra-fine Aluminum Hydroxide) Market: Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2025
Author: Partha Ray

The Global Ultra-fine ATH (Ultra-fine Aluminum Hydroxide) market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact info...

FCV H2 Cylinder Market with Report In Depth Industry Analysis on Trends, Growth, Opportunities and Forecast till 2025
Author: Partha Ray

Market Study Report recently published report on Global FCV H2 Cylinder Market Report is an in-depth study providing complete analysis of the industry for the period 2018 – 2025. It provides complete overview of Global FCV H2 Cylinder indus...