Braided composites market impacted by increasing aircraft deliveries, rising demand for EVs, and improved part performance
The 193 pages latest publication on the global braided composites market throws light on the market dynamics and the factors impacting the business environment.
Michigan, United States – February 26, 2019 /MarketersMedia/ —
Stratview Research’s latest market report on the global braided composites market covers the wide spectrum of the factors governing the future growth including drivers, challenges, emerging trends, technology changes, and environmental factors. The report is a perfect blend of insights and market figures which would enable the business strategists to churn out the future business strategies.
Read complete report description here.
According to the report, the global braided composites market is projected to reach an estimated value of US$ 407.9 million in 2023. A braid consists of three or more continuous fiber tows intertwined to cross one another diagonally without twisting around each other. It can be done by using carbon fiber, glass fiber, aramid fiber, Basalt and Ceramic fiber. In a braided structure, all the fibers are continuous and mechanically locked, distributing the load evenly throughout the structure which makes it stronger, tougher, more flexible alternative to woven composites
Increasing production rates of the next-generation aircraft, such as A350XWB; increasing production of luxury and hybrid vehicles; increasing demand for lightweight parts with the purpose to enhance fuel efficiency or to reduce carbon emissions; rising concern over reducing VOC emissions; and an excellent performance of braided parts are the key factors propelling the demand for braided composites. Braiding makes composite parts stronger, damage tolerant, and stiffer. The technology is relatively easy to use and produces parts at a lower cost with superior performance. Furthermore, low VOC emission and minimal scrap rate are augmenting the technology’s adoption rate in the various industries.
The key growth drivers of the braided composites market are:
• Increasing Commercial and Regional Aircraft Deliveries
• Increasing Production Rates of the Next-Generation Aircraft (B787 and A350XWB) Programs
• Increasing Demand for Hybrid and Electric Vehicles (BMW i3 and i8)
• An Excellent Weight Saving Advantage with Improved Part Performance
• Increasing Demand for Automation in the Composite Parts Manufacturing
Stratview Research has done a rigorous study on the braided composites market in its recently launched market report. Market forecast has been done after considering the views of key decision makers, extensive desk research, key market drivers and challenges, apart from our market expertise. Identify the most important factors and opportunities impacting your business decisions.
Report Features
This report provides market intelligence in the most comprehensive way. The report 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
This report studies the braided composites market and has segmented the market in five ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the five ways in which the market is segmented:
Braided Composites Market by End-Use Industry Type:
• Aerospace & Defense (Regional Analysis: North America, Europe, and RoW)
• Automotive (Regional Analysis: North America, Europe, and RoW)
• Sporting Goods (Regional Analysis: North America, Europe, and RoW)
• Others (Regional Analysis: North America, Europe, and RoW)
Braided Composites Market by Architecture Type:
• Biaxial (Regional Analysis: North America, Europe, and RoW)
• Triaxial (Regional Analysis: North America, Europe, and RoW)
• Others (Regional Analysis: North America, Europe, and RoW)
Braided Composites Market by Fiber Type:
• Carbon Fiber (Regional Analysis: North America, Europe, and RoW)
• Other Fibers (Regional Analysis: North America, Europe, and RoW)
Braided Composites Market by Resin Type:
• Thermoset Resins (Regional Analysis: North America, Europe, and RoW)
• Thermoplastic Resins (Regional Analysis: North America, Europe, and RoW)
Braided Composites Market by Region:
• North America
• Europe
• Rest of the world
Stratview Research has several high value market reports in the global Advanced Materials industry. Please refer to the following link to browse through our reports:
Click Here for Other Reports from Stratview Research in the 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, 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.
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