Epoxy Resin in Marine Composites Dynamics Impacted by Increasing Demand for Lightweight Components and Improved Impact Resistance Properties
The 181 pages latest publication on the global epoxy resin in marine composites throws light on the market dynamics and the factors impacting the business environment.
Michigan, United States – March 1, 2019 /MarketersMedia/ —
Stratview Research s latest market report on the global epoxy resin in marine composites 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 epoxy resin in marine composites is projected to reach an estimated value of US$ 10.0 million in 2023.
Marine industry was among the most suffered industries during the recession period. New boat sales have not yet reached its peak level attained in 2007. However, recovery of the global economy has gradually been impacting the sales of boats and yachts for the past few years. The demand for composites in the marine industry has also been surging with the growth in the sales of boats and yachts. Furthermore, the growing trend for the replacement of traditional bulky metal boats with composite boats is also elevating the demand for composites at a faster rate than the overall growth of the industry.
The global epoxy resin market in marine composites is likely to grow at a healthy CAGR of 4.4% over the next five years. Superior mechanical properties, excellent adhesiveness, improved fatigue resistance, reduced water ingression, weight reduction, and excellent chemical resistance are some of the key drivers of epoxy resins in marine composites. In addition to that, usage of epoxy resins in marine composites also reduces VOC emissions, which, in turn, would help composite part manufacturers to meet the stringent US and EU standards.
The key growth drivers of the epoxy resin in marine composites are:
Increasing Demand for Lightweight Components in Marine
Improved Impact Resistance Properties
Excellent Mechanical Properties
Stratview Research has done a rigorous study on the epoxy resin in marine composites 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 epoxy resin in marine composites 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:
Epoxy Resin Market in Marine Composites by Platform Type:
Boats (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Yachts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Epoxy Resin Market in Marine Composites by Application Type:
Hulls (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Mast and Spars (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Decks (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Interiors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Epoxy Resin Market in Marine Composites by Process Type:
Prepreg Layup (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Resin Infusion (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Epoxy Resin Market in Marine Composites by Curing Type:
Amine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Anhydride (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Epoxy Resin Market in Marine Composites by Region:
North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: France, The UK, Spain, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Taiwan, Australia, and Rest of Asia-Pacific)
Rest of the World (Country Analysis: Latin America, The Middle-East, and Others)
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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