The
report titled “China Advanced Composites Industry Situation and Prospects Research Report”,
provides a comprehensive analysis of Chinese advanced composites industry, various
types of composites, uses and applications of advanced
composites materials, leading players, glass fiber market in China and future
of advanced composites industry in China. There is an increasing demand for advanced composites
materials for a wide array of applications such as aerospace, wind power,
transportation, sports goods, ship manufacturing, civilian use, electrical use,
electronics use, medical use and other applications. Advanced composites
materials are used in lightweight aircraft manufacturing and also enhances its
fuel efficiency. These materials have high stiffness abrasion resistance
properties that propel their usage in the manufacture of various aircraft
components like air wings, rudders, and landing
gears. Leading manufacturing giants like Boeing and Airbus
are using advanced composites materials to reduce the overall weight of the
plane, safety and increase its fuel efficiency. It was observed that there is
an increasing adoption of nanomaterials
for the manufacture of advanced composite materials because they enhance the
performance of the composites, particularly in single-wall carbon nanotubes (SWCNT). Majority of
the manufacturers are employing new resin
systems that help in reducing the cost of production, improve performance and
durability of the products. The various resins in the advanced composites
industry are Polyester Resin, Vinyl Ester Resin, Epoxy Resin, Polyurethane
Resin, Phenolic resin and others.
Leading Players and Glass Fiber Market
in China: China’s advanced composites industry market is
highly fragmented and competitive due to the presence of a large number of
players. The leading players are Toray Industries, Recent Developments,
Teijin Limited, Mitsubishi Chemical Holdings Corporation, Sgl Group,
Koninklijke Ten Cate Bv., Huntsman International, Solvay, Hexcel Corporation,
Hexion, E. I. Du Pont Nemours & Co., Owens Corning, Basf Se, Gurit, Agy,
Dowaksa, Honeywell International, Advanced Composites, Renegade Materials
Corporation, Kineco-Kaman, Henkel Ag & Co. Kgaa, Gaffco Ballistics, Nippon
Graphite Fiber and Plasan Carbon Composites. Almost all the manufacturers
offer innovative products at attractive prices and provide a wide of range of
products that include carbon, glass, and aramid fiber-based composites.
China’s advanced composites industry market is segmented into glass, carbon and
aramid. Glass fiber
segment is the largest segment of the market because
there is an increasing consumption of glass fibers in various applications like
transportation, marine, and wind energy. Glass fibers are
used as alternative materials to metals and plastics as they help in
controlling emissions and reduce the weight of automobiles. It was
observed that there will be a huge demand for e-glass fibers in the next few
years in the advanced composites materials market.
China’s
stringent regulations towards the emission of green house gases, carbon dioxide
emissions, and other harmful pollutants has led to a demand for advanced
polymer composites in the automotive industry. The increasing demand for
lightweight and high-performance materials is the major factor contributing
towards the advanced polymer composites market. Lightweight and
high-performance materials are used in many industries due to its special
characteristics such as energy saving, wear resistance properties and used as
thermal conductive materials in high friction applications. Advanced composite materials
are the most preferred high-performance materials due its properties
high-temperature resistance, thermal shock resistance, non-conductivity, and
increased fuel efficiency.
Future of advance composites market in
China: China’s advanced composites market will witness a drastic growth by the
year 2020. It is estimated that the advanced composites market in China
will witness a significant growth over the next few years. China’s economic
crisis will affect the advance composites market industry negatively but due to superior performance of advanced
composite materials, demand, quantity and applications the market may grow
steadily. It was observed that there will be a tremendous growth in the fields
of construction, transportation, electrical electronics, aerospace,
defence, and marine which will maintain a healthy growth. This trend will
witness a tremendous growth in the Chinese advanced composite market over the
next few years.
Key topics covered in this
report:
·
Chinese Advanced Composites Industry
Market
·
Chinese Advanced Composites Industry
Market Analysis
·
Chinese Advanced Composites Industry
Market Opportunities
·
Resins in Chinese Advanced Composites
Industry Market
·
Chinese Advanced Composites Industry
Market Forecast
·
Chinese Advanced Composites Industry Applications
·
Fiber Glass in Chinese
Advanced Composites Industry
·
E-Fiber Glass in Chinese
Advanced Composites Industry
·
Chinese Advanced Composites Industry
Trends
·
Chinese Advanced Composites Industry
Demand
·
Chinese Advanced Composites Industry
Import
·
Chinese Advanced Composites Industry
Trade
·
Chinese Advanced Composites Industry
Major Suppliers
·
Chinese Advanced Composites
Manufacturing
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Ken Research
Ankur Gupta, Head Marketing &
Communications
0124-4230204
