Transparency Market Research Report Added "Advanced Polymer Composites Market" to its database.
Albany, NY -- (SBWIRE) -- 01/12/2015 -- Advanced polymer composites (APCs) are high performance materials which are manufactured from continuous fibers using various processes such as resin infusion, pultrusion and filament winding. The fibers used in production of APCs are aramid, carbon fibers, S2-glass and E-glass. In addition to these fibers, four types of resins are used as a matrix in quantity; epoxy, vinylester, phenolic and polyester. APCs are used in aerospace, automotives, residential and infrastructure, marine, sport goods and mass transportation among others.
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One of the major factors driving this market is the growing aerospace market. APCs are consumed mainly in aerospace and marine applications which have been driving the market in past few years. APCs offer higher performance and lighter weight than other composites and hence, are preferred in aerospace. APCs are used in glares, aircraft interiors and space applications. In addition, APCs are used in sporting goods such as golf shafts, skis, snowboards and others. However, the higher prices of the APCs can be a restraining factor for the growth of this market.
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On the basis of technology, advanced polymer composites the market is divided into prepregs, resin infusion, pultrusion and filament winding. Prepregs is the majorly used manufacturing technology for APCs. However, pultrusion and resin infusion process are likely to gain higher market share in near future. North America is the leading region for the APCs market and is likely to grow in near future owing to huge demand from aerospace and military sector in this region. North America was followed by Europe where marine application is expected to gain more market. Asia Pacific is one of the fastest emerging markets for ACPs owing to growing aerospace and marine industry.
Some of the key players in the FRCs market are The Boeing Company, Hexcel Corporation, Cytec Industries Inc., Koninklijke Ten Cate nv and TPI Composites among others.
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