Global High Performance Composites Market
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- Published date: June 22, 2020
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Global High Performance Composites Market was valued US$ 26.70 Bn in 2018, and expected to reach US$ XX Bn by 2026 at a CAGR of XX %. Global high performance composite market is segmented into resin type, fiber type, application, and region. based on resin type, market is divided into thermoset resins and thermoplastic resins. on the basis of fiber type, market is segmented into carbon fiber composites, S-glass composites, aramid fiber composites, others. according to application, market is classified into aerospace & defense, automotive, wind turbine, pressure vessel, medical, construction and others. geographically, market is spread by North America, Asia-Pacific, Latin America, Europe, Middle East & Africa. High performance composites market based on resin type has been segmented into thermoset resins and thermoplastic resins. The thermoplastic resin segment is dominating the high performance composites market during the forecast period. Thermoplastic resin offers high impact strength and smooth surface finish and can be moulded easily on reheating hence has gain popularity over thermoset.
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