Global Composite Preforms Market Likely to Reach $302 Million by 2021, Growing at 8.5% CAGR During 2016 to 2021
An Extensive Market Research Report from Stratview Research includes Trends, Forecasts, Competitive Analysis and Strategic Growth Opportunities.
DETROIT, MI, USA, October 6, 2016 /EINPresswire.com/ -- Stratview Research announces the launch of a new market research report on Global Composite Preforms Market by Application Segment (Aerospace & Defense, Automotive, Consumer Goods, Infrastructure, Medical, Marine, and Others), by Fiber Type (Glass Fiber, Carbon Fiber, and Others), by Product Type (Braiding, Weaving, Stitching, and Knitting), by Structure Type (One-D, Two-D, and Three-D), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021This market report from Stratview Research studies the global composite preforms market over the period 2010 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in both the markets.
The Global Composite Preforms Market: Highlights
As per Stratview Research, the global composite preforms market offers an excellent growth of 8.5% CAGR during the forecast period of 2016 to 2021, which offers an opportunity to the composites industry players to align themselves with the market growth. Currently most of the composite preforms are used in the turbofan engine applications for commercial aircraft, for e.g. fan blade.
There are a number of factors bolstering the growth of composite preforms over the period 2010 to 2021. The author of the report cited increasing usage of composites in aerospace & defense and automotive, ability to develop complex parts, excellent product strength, and shortened cycle time are the major drivers providing growth momentum to the global composite preforms market. Currently, many OEMs are heavily betting on composite preforms based highly automated High Pressure Resin Transfer Molding (HP-RTM) for the structural applications in their mass produced vehicles.
Aerospace & defense is expected to remain the dominant application segment in the composite preforms market whereas automotive is expected to experience the fastest growth over the next five years. During the last ten years, governments of many countries have imposed stringent regulations on the automotive industry by setting up targets related to vehicles’ fuel efficiency and carbon emissions, which has compelled auto OEMs to look for the best alternatives for achieving those targets. Composite preform is one of the best available alternatives for achieving those targets.
North America is expected to remain the dominant region in the composite preforms market, the region being the manufacturing hub of major turbofan engine OEMs.
The key composite preform manufactures are A&P technology, Albany Engineered Composites, Bally Ribbon Mills, Sigmatex, SGL Kumpers GmbH.
Report Features
The mentioned report provides respective market intelligence in the most comprehensive way. The report's structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
•Market structure: Overview, industry life cycle analysis, supply chain analysis.
•Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
•Market trend and forecast analysis.
•Market segment trend and forecast
•Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
•Attractive market segments and associated growth opportunities.
•Emerging trends.
•Strategic growth opportunities for the existing and new players.
•Key success factors.
Stratview Research has a number of high value market reports in the global composites and advanced materials industry. Please refer to the following link to browse through our reports:
Other Reports from Stratview Research in the Composites and Advanced Materials Industry
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Composites, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For any enquiry, please click this link.
Ritesh Gandecha
Stratview Research
+1-313-307-4176
email us here
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

