Composite Film Market Research Report
Global Composite
Film Market
The GMI Research forecasts that the Composite Film Market is
witnessing an upsurge in demand over the forecast period. This is mainly due to
the increasing demand for fuel-efficient and lightweight materials and their
potential to withstand lightning strikes.
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Introduction of the Composite Film Market
A composite film is a feature film whose screenplay is
composed of two or more distinct stories. Some of their features are electrical
and thermal conductivity, fatigue, strength, density, tenacity, and corrosion
resilience.
Key Players of the Global Composite Film Market:
·
Northern Composites
·
PARK AEROSPACE CORP.
·
TORAY INDUSTRIES, INC.
·
Gurit
·
Henkel AG & Co. KGaA
·
Axiom Materials, Inc
·
SOCOMOR
·
Solvay
·
Hexcel Corporation
·
3M
Composite Film Market Dynamics (including market size,
share, trends, forecast, growth, forecast, and industry analysis)
The key drivers responsible for the growth of the global composite
film market include the stimulating demand for cost-effective, lightweight
materials along with their augmenting application across the aerospace and
defense industry. Also, the strength-to-weight proportion is higher in the
composite film than steel or aluminum, which has raised their demand in
enormous end-use industries. Moreover, weight reduction has proved to be an
important aspect for the production sector, such as aviation and automobiles.
In addition, as per the composite film market research, numerous companies have
endorsed these films to reduce complete weight and fuel the efficiency of the
final product. These films can resist lightning strikes, which further promotes
their adoption in commercial aircraft, including Boeing 787 and Airbus 350.
Approximately 50 percent of this aircraft boy is composed of these films.
Hence, all these factors supplement the market growth. However, excessive risks
concerned with the production process and the development of economical technologies
will hinder composite film market share..
Composite Film Market Segmentation:
Segmentation
by Resin Film Type
·
Epoxy
·
Other
Segmentation
by Curing Type
·
Autoclave
·
Out-of-autoclave
Segmentation
by Function
·
Lightning Strike Protection
·
Surface Protection
·
Other
Segmentation
by End-User Industry
·
Aerospace & defense
·
Automotive
·
Other
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI
Research
GMI Research is a market research and consulting company
that offers business sights and market research reports for every enterprise,
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