Global “Long-fiber Thermoset Composites Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Long-fiber Thermoset Composites in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Long-fiber Thermoset Composites Market report categorizes the market based on manufacturers, regions, type, and application. Long-fiber Thermoset Composites Market reports offer a detailed assessment of the Long-fiber Thermoset Composites including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Long-fiber Thermoset Composites market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
Long-fiber Thermoset Composites Market
The Long-fibre thermoset composites market is estimated to grow at a moderate to high rate during the forecast period, 2018-2023. Asia-Pacific is expected to witness highest growth in the demand for long-fibre thermoset composites during the forecast period, owing to the rising demand from automotive and construction industry.
Stringent Regulations for Carbon Emission and Uptake of Electric Vehicles
European carbon emissions regulations have lowered the amount of emissions per kilometer, from below 130g/km CO2 in 2015 to 95g/km CO2 in 2021. A level of 68-75g/km CO2 is proposed beyond that, possibly by 2025 or 2030. This encourages OEMs to improve the fuel economy of their car fleet. However, certain OEMs have expressed their concerns at the planned regulations as they are more stringent compared to other regions in the world, potentially leading to added costs in product or technology development. This has created an opportunity for the automakers as well as consumers to look forward to alternatives solutions to tackle this problem, which, in turn, brought EVs/Plug-in-vehicles in the picture. Most automakers have been looking at composite materials as part of their multi-material light weighting strategies both in ICE and E-drive vehicles. In e-vehicles, a lower weight vehicle body allows downsizing batteries while maintaining range of the vehicle. Reducing vehicle body and battery pack weight leads to a compounding effect on weight reduction of the overall vehicle. Hence this enabling the downsizing of other parts such as brake systems and drivetrain parts. In ICE driven vehicles, the lower weight reduces emissions and improves performance at equal drivetrain power and torque levels.
Building & Construction Industry in China is likely to propel the Market
Carbon fibre is the most popular material for producing long fibre thermoset composites especially, where the high composite strength. Carbon fibres, also known as graphite fibres, can be based on three chemical sources: polyacrylonitrile (PAN method that is led by Japanese manufacturers), rayon (such as from the Indian manufacturer Grasim) or petroleum pitch. More than 85% of the carbon fibres produced are made from polyacrylonitrile. However, the composition varies with each producer according to the recipe of the manufacturers. Carbon fibres are usually grouped according to the modulus band in which their properties fall and are supplied in different forms, from continuous filament tows to chopped fibres and mats. The main benefits of carbon fibres include their low density and hence high strength-to-weight ratio and stiffness; however its main downsides, compared to other fibres, are its cost and brittleness.
United States is one of the Major Consumer in the Long-fiber Thermoset Composites Market
The USA recognizes the opportunities in the sector too. The Corporate Average Fuel Economy (CAFE) regulations released in 2012 aims to raise the average fuel efficiency of new cars and vehicles to 54.5 miles per gallon13 by 2025 to reduce national dependence on oil. This regulatory pressure means that the American automotive industry has to use solutions such as light weighting to meet fuel efficiency targets. Recent federal initiatives are also encouraging for advanced composites, including for automotive applications. From January 2015, the US Department of Energy has invested more than USD 60 million, with a consortium of 122 industry partners, universities and non-profit organizations who themselves had funded more than USD 180 million to launch an advanced composites manufacturing institute. OEM members of this initiative include Volkswagen, Honda, and Ford. This federal initiative follows private initiatives. Aiming at driving a transition to fossil-fuel-free US transportation by 2050 via making cars lighter, the Rocky Mountain Institute (RMI) launched the Auto composites Commercialization Launchpad (ACL) in June 2013. The ACL has two key focus area: developing a commercialization project that unites the supply chain to incorporate a CFRP part on a mainstream vehicle at the highest production volume ever achieved, and setting an innovation hub focused on centralizing and coordinating R&D and collaborative progress in the FRP industry.
Long-fiber Thermoset Composites Market Major Players
A. Schulman Inc.
Advanced Composites Inc.
Asahi Kasei Plastics
FRP Services & Co.
PolyOne Advanced Composites
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The global Long-fiber Thermoset Composites market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Long-fiber Thermoset Composites Market Report covers the Top Key-players in 2021:-
- A. Schulman Inc.-Advanced Composites Inc.-Asahi Kasei Plastics-BASF SE-Celanese Corporation-Conductive Composites-Fibrtec Inc.-FRP Services & Co.-LANXESS Corporation-Lingol Corp.-Mitsui Chemicals-PlastiComp Inc.-PolyOne Advanced Composites-ReComposite LLC-RTP Company-SABIC-WyoComp
Highlighted points of Long-fiber Thermoset Composites Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This Long-fiber Thermoset Composites Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Long-fiber Thermoset Composites? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Long-fiber Thermoset Composites Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Long-fiber Thermoset Composites Market? What Was Capacity, Production Value, Cost and PROFIT of Long-fiber Thermoset Composites Market?
- What Is Current Market Status of Long-fiber Thermoset Composites Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Long-fiber Thermoset Composites Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Long-fiber Thermoset Composites Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Long-fiber Thermoset Composites Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Long-fiber Thermoset Composites Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Long-fiber Thermoset Composites Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Long-fiber Thermoset Composites Industry?
Key Developments in the Long-fiber Thermoset Composites Market:
June 2018:Algatechnologies Ltd. had launched all natural patented oleoresin Fucovital, which isthree per cent fucoxanthin oleoresin produced and extracted from microalgae
Oleoresin Market Competitive landscape
Companies are expanding their presence with strategic alliances and also enhancing their technological aspects pertaining to production of oleoresins.
Oleoresin Market M
Reasons to Purchase Long-fiber Thermoset Composites Market ReportAnalyzing various perspectives of the market with the help of Porters five forces analysisWhich end-user type is expected to dominate the Long-fibre Thermoset Composites marketWhich region is expected to witness fastest growth during the forecast periodIdentify the latest developments, market shares and strategies employed by the major market players3 months analyst support along with the Market Estimate sheet in excel
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Finally, the report Global Long-fiber Thermoset Composites Market 2021 describes the Long-fiber Thermoset Composites industry expansion game plan, the Long-fiber Thermoset Composites industry knowledge supply, appendix, analysis findings, and the conclusion.
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