Closed Molding Composites Market - Global Industry Analysis

Closed Molding Composites Market Manufacturing Process (Continuous Lamination, Reaction Injection Molding, Resin Transfer Molding (RTM), Vacuum Infusion & Bagging, Light RTM, Injection Molding, Centrifugal Casting, Compression, VARTM, and Others), Fiber Type (Natural Fiber Composites, Chopped Carbon Fiber, Glass Fiber Composites, and Other Fiber Composites), Application (Aerospace & Defence, Civil Engineering, Electrical & Electronics, Marine, Industrial, Transportation, Housing, Construction, Wind Energy, Sporting Goods and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 26-Oct-2020 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-641 Status : Published

According to the report published by Zion Market Research, global demand for closed molding composites market was valued at approximately USD 57.25 Million in 2019, and is expected to generate revenue of around USD 93.15 Million by end of 2026, growing at a CAGR of around 7.2% between 2020 and 2026.

Description

Global Closed Molding Composites Market: Overview

Carbon fibers possess many properties such as highest rigidity, electrical conductivity, high-temperature tolerance, temperature performance, high tensile strength, high chemical resistance, and lightweight as compared to others fibers. Owing to these properties, it is suitable for aerospace & defines applications. Carbon fibers are enough strong than traditional materials such as aluminium, iron, and steel. The most preferred process in the closed molding composites market is vacuum infusion & bagging owing to its environment-friendly nature rather than other closed molding processes. Injection molding is another process which is widely used in the electrical & electronics and transportation applications, mainly in the production of enclosures for medical devices, bumpers for vehicles, motor housings, enclosures for medical devices, panels for electrical equipment, and others.

Global Closed Molding Composites Market: Growth Factors

The growth factor of the global closed molding composites market includes increase in a number of airplane deliveries and high-performance properties that comprise of government regulations, lightweight, excellent safety, and acoustic features. Advanced closed molding composites enhance fatigue tolerance and that will improve the structure of components. However, some restrictions put by the government authorities on aerospace manufacturers using closed molding composites in the manufacturing of interior components of aircraft and primary & secondary structures.

Global Closed Molding Composites Market: Segmentation

The global closed molding composites market is bifurcated on the basis of the manufacturing process, fiber type, application, and geography. The manufacturing processes include continuous lamination, reaction injection molding, resin transfer molding (RTM), vacuum infusion & bagging, light RTM, injection molding, centrifugal casting, compression, VARTM, and others. The fiber segment is further sub-segmented as natural fiber composites, chopped carbon fiber, glass fiber composites, and other fiber composites including carbon fiber composites, aramid fiber composites, and continuous carbon fiber. Furthermore, the application segment includes aerospace & defines, civil engineering, electrical & electronics, exteriors, marine, interiors, industrial, transportation, housing, construction, wind energy, sporting goods and others. Of these, aerospace & defines sector is the fastest growing segment, which contributed for the largest market share. These sectors need composite parts of high strength and which are lightweight. The closed molding composite reduces the weight of aircraft that enhances fuel the efficiency of airplanes.

Global Closed Molding Composites Market: Regional Analysis

Asia Pacific is anticipated to experience enormous growth in terms of revenue in the global closed molding composites market in the next few years. Consumption of the closed molding composite in a number of industries such as construction, transportation, wind energy, electrical & electronics, and so on is expected to boost the global market in the near future. China contributed for the largest market share in the closed molding composites market owing to the increased consumption in this region in the aerospace & defines industries, sporting goods, and wind energy. The wind energy sector has exponentially grown in China and is anticipated to witness growth in the future.

Global Closed Molding Composites Market: Competitive Players

Key players in the global closed molding composites market are Polynt S.p.A, Menzolit GmbH, Continental Structural Plastics Inc., A. Schulman, and Excel Composites Inc. Other key players influencing the global market are Core Molding Technologies, Strongwell Corporation, GKN Aerospace, and Royal TenCate N.V.

Closed Molding Composites Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.2.Report Scope
  • Chapter 2.Research Methodology
    • 2.1.Research Methodology
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Closed Mulding Composites Market, 2016 – 2026 (USD Million)
    • 3.2.Global Closed Mulding Composites Market: Snapshot
  • Chapter 4.Closed Mulding Composites Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Analysis
      • 4.4.2.Use – Cases for Closed Mulding Composites
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technology Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Closed Mulding Composites Market Attractiveness, By Manufacturing Process
    • 5.2.Global Closed Mulding Composites Market Attractiveness, By Fiber Type
    • 5.3.Global Closed Mulding Composites Market Attractiveness, By Application
    • 5.4.Global Closed Mulding Composites Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Closed Mulding Composites Market: Company Market Share, 2019
    • 6.2.Strategic Developments
    • 7.1.Global Closed Mulding Composites Market Overview: by Manufacturing Process
      • 7.1.1.Global Closed Mulding Composites Market Revenue Share, by Manufacturing Process, 2019 & 2026
    • 7.2.Global Closed Mulding Composites Market Analysis/Overview – By Manufacturing Process
      • 7.2.1.Continuous Lamination – Overview/Analysis
      • 7.2.2.Reaction Injection Mulding – Overview/Analysis
      • 7.2.3.Resin Transfer Mulding (RTM) – Overview/Analysis
      • 7.2.4.Vacuum Infusion & Bagging – Overview/Analysis
      • 7.2.5.Light RTM – Overview/Analysis
      • 7.2.6.Injection Mulding – Overview/Analysis
      • 7.2.7.Centrifugal Casting – Overview/Analysis
      • 7.2.8.Compression – Overview/Analysis
      • 7.2.9.VARTM – Overview/Analysis
      • 7.2.10.Others – Overview/Analysis
    • 7.3.Continuous Lamination
      • 7.3.1.Global Closed Mulding Composites Market for Continuous Lamination, Revenue (USD Million) 2016 - 2026
    • 7.4.Reaction Injection Mulding
      • 7.4.1.Global Closed Mulding Composites Market for Reaction Injection Mulding, Revenue (USD Million) 2016 - 2026
    • 7.5.Resin Transfer Mulding (RTM)
      • 7.5.1.Global Closed Mulding Composites Market for Resin Transfer Mulding (RTM), Revenue (USD Million) 2016 - 2026
    • 7.6.Vacuum Infusion & Bagging
      • 7.6.1.Global Closed Mulding Composites Market for Vacuum Infusion & Bagging, Revenue (USD Million) 2016 - 2026
    • 7.7.Light RTM
      • 7.7.1.Global Closed Mulding Composites Market for Light RTM, Revenue (USD Million) 2016 - 2026
    • 7.8.Injection Mulding
      • 7.8.1.Global Closed Mulding Composites Market for Injection Mulding, Revenue (USD Million) 2016 - 2026
    • 7.9.Centrifugal Casting
      • 7.9.1.Global Closed Mulding Composites Market for Centrifugal Casting, Revenue (USD Million) 2016 - 2026
    • 7.1.Compression
      • 7.10.1.Global Closed Mulding Composites Market for Compression, Revenue (USD Million) 2016 - 2026
    • 7.11.VARTM
      • 7.11.1.Global Closed Mulding Composites Market for VARTM, Revenue (USD Million) 2016 - 2026
    • 7.12.Others
      • 7.12.1.Global Closed Mulding Composites Market for Others, Revenue (USD Million) 2016 - 2026
    • 8.1.Global Closed Mulding Composites Market Overview: by Fiber Type
      • 8.1.1.Global Closed Mulding Composites Market Revenue Share, by Fiber Type, 2019 & 2026
    • 8.2.Global Closed Mulding Composites Market Analysis/Overview – By Fiber Type
      • 8.2.1.Natural Fiber Composites – Overview/Analysis
      • 8.2.2.Chopped Carbon Fiber – Overview/Analysis
      • 8.2.3.Glass Fiber Composites – Overview/Analysis
      • 8.2.4.Other Fiber Composites – Overview/Analysis
    • 8.3.Natural Fiber Composites
      • 8.3.1.Global Closed Mulding Composites Market for Natural Fiber Composites, Revenue (USD Million) 2016 - 2026
    • 8.4.Chopped Carbon Fiber
      • 8.4.1.Global Closed Mulding Composites Market for Chopped Carbon Fiber, Revenue (USD Million) 2016 - 2026
    • 8.5.Glass Fiber Composites
      • 8.5.1.Global Closed Mulding Composites Market for Glass Fiber Composites, Revenue (USD Million) 2016 - 2026
    • 8.6.Other Fiber Composites
      • 8.6.1.Global Closed Mulding Composites Market for Other Fiber Composites, Revenue (USD Million) 2016 - 2026
    • 9.1.Global Closed Mulding Composites Market Overview: by Application
      • 9.1.1.Global Closed Mulding Composites Market Revenue Share, by Application, 2019 & 2026
    • 9.2.Global Closed Mulding Composites Market Analysis/Overview – By Application
      • 9.2.1.Aerospace & Defense – Overview/Analysis
      • 9.2.2.Civil Engineering – Overview/Analysis
      • 9.2.3.Electrical & Electronics – Overview/Analysis
      • 9.2.4.Marine – Overview/Analysis
      • 9.2.5.Industrial – Overview/Analysis
      • 9.2.6.Transportation – Overview/Analysis
      • 9.2.7.Housing – Overview/Analysis
      • 9.2.8.Construction – Overview/Analysis
      • 9.2.9.Wind Energy – Overview/Analysis
      • 9.2.10.Sporting Goods – Overview/Analysis
      • 9.2.11.Others – Overview/Analysis
    • 9.3.Aerospace & Defense
      • 9.3.1.Global Closed Mulding Composites Market for Aerospace & Defense, Revenue (USD Million) 2016 - 2026
    • 9.4.Civil Engineering
      • 9.4.1.Global Closed Mulding Composites Market for Civil Engineering, Revenue (USD Million) 2016 - 2026
    • 9.5.Electrical & Electronics
      • 9.5.1.Global Closed Mulding Composites Market for Electrical & Electronics, Revenue (USD Million) 2016 - 2026
    • 9.6.Marine
      • 9.6.1.Global Closed Mulding Composites Market for Marine, Revenue (USD Million) 2016 - 2026
    • 9.7.Industrial
      • 9.7.1.Global Closed Mulding Composites Market for Industrial, Revenue (USD Million) 2016 - 2026
    • 9.8.Transportation
      • 9.8.1.Global Closed Mulding Composites Market for Transportation, Revenue (USD Million) 2016 - 2026
    • 9.9.Housing
      • 9.9.1.Global Closed Mulding Composites Market for Housing, Revenue (USD Million) 2016 - 2026
    • 9.1.Construction
      • 9.10.1.Global Closed Mulding Composites Market for Construction, Revenue (USD Million) 2016 - 2026
    • 9.11.Wind Energy
      • 9.11.1.Global Closed Mulding Composites Market for Wind Energy, Revenue (USD Million) 2016 - 2026
    • 9.12.Sporting Goods
      • 9.12.1.Global Closed Mulding Composites Market for Sporting Goods, Revenue (USD Million) 2016 - 2026
    • 9.13.Others
      • 9.13.1.Global Closed Mulding Composites Market for Others, Revenue (USD Million) 2016 - 2026
  • Chapter 10.Closed Mulding Composites Market – Regional Analysis
    • 10.1.Global Closed Mulding Composites Market: Regional Overview
      • 10.1.1.Global Closed Mulding Composites Market Revenue Share, by Region, 2019 & 2026
      • 10.1.2.Global Closed Mulding Composites Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 10.2.North America
      • 10.2.1.North America Closed Mulding Composites Market Revenue, 2016 - 2026 (USD Million)
      • 10.2.2.North America Closed Mulding Composites Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.2.3.North America Closed Mulding Composites Market Revenue, by Manufacturing Process, 2016 – 2026
      • 10.2.4.North America Closed Mulding Composites Market Revenue, by Fiber Type, 2016 – 2026
      • 10.2.5.North America Closed Mulding Composites Market Revenue, by Application, 2016 – 2026
      • 10.2.6. U.S.
      • 10.2.7.Canada
    • 10.3.Europe
      • 10.3.1.Europe Closed Mulding Composites Market Revenue, 2016 - 2026 (USD Million)
      • 10.3.2.Europe Closed Mulding Composites Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.3.3.Europe Closed Mulding Composites Market Revenue, by Manufacturing Process, 2016 – 2026
      • 10.3.4.Europe Closed Mulding Composites Market Revenue, by Fiber Type, 2016 – 2026
      • 10.3.5.Europe Closed Mulding Composites Market Revenue, by Application, 2016 – 2026
      • 10.3.6.Germany
      • 10.3.7.France
      • 10.3.8. U.K.
      • 10.3.9.Italy
      • 10.3.10.Spain
      • 10.3.11.Rest of Europe
    • 10.4.Asia Pacific
      • 10.4.1.Asia Pacific Closed Mulding Composites Market Revenue, 2016 - 2026 (USD Million)
      • 10.4.2.Asia Pacific Closed Mulding Composites Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.4.3.Asia Pacific Closed Mulding Composites Market Revenue, by Manufacturing Process, 2016 – 2026
      • 10.4.4.Asia Pacific Closed Mulding Composites Market Revenue, by Fiber Type, 2016 – 2026
      • 10.4.5.Asia Pacific Closed Mulding Composites Market Revenue, by Application, 2016 – 2026
      • 10.4.6.China
      • 10.4.7.Japan
      • 10.4.8.India
      • 10.4.9.South Korea
      • 10.4.10.South-East Asia
      • 10.4.11.Rest of Asia Pacific
    • 10.5.Latin America
      • 10.5.1.Latin America Closed Mulding Composites Market Revenue, 2016 - 2026 (USD Million)
      • 10.5.2.Latin America Closed Mulding Composites Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.5.3.Latin America Closed Mulding Composites Market Revenue, by Manufacturing Process, 2016 – 2026
      • 10.5.4.Latin America Closed Mulding Composites Market Revenue, by Fiber Type, 2016 – 2026
      • 10.5.5.Latin America Closed Mulding Composites Market Revenue, by Application, 2016 – 2026
      • 10.5.6.Brazil
      • 10.5.7.Mexico
      • 10.5.8.Rest of Latin America
    • 10.6.The Middle-East and Africa
      • 10.6.1.The Middle-East and Africa Closed Mulding Composites Market Revenue, 2016 - 2026 (USD Million)
      • 10.6.2.The Middle-East and Africa Closed Mulding Composites Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.6.3.The Middle-East and Africa Closed Mulding Composites Market Revenue, by Manufacturing Process, 2016 – 2026
      • 10.6.4.The Middle-East and Africa Closed Mulding Composites Market Revenue, by Fiber Type, 2016 – 2026
      • 10.6.5.The Middle-East and Africa Closed Mulding Composites Market Revenue, by Application, 2016 – 2026
      • 10.6.6.GCC Countries
      • 10.6.7.South Africa
      • 10.6.8.Rest of Middle-East Africa
  • Chapter 11.Company Profiles
    • 11.1.Pulynt S.p.A, Menzulit GmbH
      • 11.1.1.Company Overview
      • 11.1.2.Financial Overview
      • 11.1.3.Product Portfolio
      • 11.1.4.Business Strategy
      • 11.1.5.Recent Developments
    • 11.2.Continental Structural Plastics Inc.
    • 11.3.A. Schulman
    • 11.4.Excel Composites Inc.
    • 11.5.Core Mulding Technulogies
    • 11.6.Strongwell Corporation
    • 11.7.GKN Aerospace
    • 11.8.Royal TenCate N.V.

List of Figures 
 
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Closed Molding Composites Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Closed Molding Composites Market
FIG. 6 Global Closed Molding Composites Market Attractiveness, By Manufacturing Process
FIG. 7 Global Closed Molding Composites Market Attractiveness, By Fiber Type
FIG. 8 Global Closed Molding Composites Market Attractiveness, By Application
FIG. 9 Global Closed Molding Composites Market Attractiveness, By End-User
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Closed Molding Composites Market Revenue Share, by Manufacturing Process, 2019 & 2026
FIG. 12 Global Closed Molding Composites Market for Continuous Lamination, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Closed Molding Composites Market for Reaction Injection Molding, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Closed Molding Composites Market for Resin Transfer Molding (RTM), Revenue (USD Million) 2016 - 2026
FIG. 15 Global Closed Molding Composites Market for Vacuum Infusion & Bagging, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Closed Molding Composites Market for Light RTM, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Closed Molding Composites Market for Injection Molding, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Closed Molding Composites Market for Centrifugal Casting, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Closed Molding Composites Market for Compression, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Closed Molding Composites Market for VARTM, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Closed Molding Composites Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 22 Global Closed Molding Composites Market Revenue Share, by Fiber Type, 2019 & 2026
FIG. 23 Global Closed Molding Composites Market for Natural Fiber Composites, Revenue (USD Million) 2016 - 2026
FIG. 24 Global Closed Molding Composites Market for Chopped Carbon Fiber, Revenue (USD Million) 2016 - 2026
FIG. 25 Global Closed Molding Composites Market for Glass Fiber Composites, Revenue (USD Million) 2016 - 2026
FIG. 26 Global Closed Molding Composites Market for Other Fiber Composites, Revenue (USD Million) 2016 - 2026
FIG. 27 Global Closed Molding Composites Market Revenue Share, by Application, 2019 & 2026
FIG. 28 Global Closed Molding Composites Market for Aerospace & Defense, Revenue (USD Million) 2016 - 2026
FIG. 29 Global Closed Molding Composites Market for Civil Engineering, Revenue (USD Million) 2016 - 2026
FIG. 30 Global Closed Molding Composites Market for Electrical & Electronics, Revenue (USD Million) 2016 - 2026
FIG. 31 Global Closed Molding Composites Market for Marine, Revenue (USD Million) 2016 - 2026
FIG. 32 Global Closed Molding Composites Market for Industrial, Revenue (USD Million) 2016 - 2026
FIG. 33 Global Closed Molding Composites Market for Transportation, Revenue (USD Million) 2016 - 2026
FIG. 34 Global Closed Molding Composites Market for Housing, Revenue (USD Million) 2016 - 2026
FIG. 35 Global Closed Molding Composites Market for Construction, Revenue (USD Million) 2016 - 2026
FIG. 36 Global Closed Molding Composites Market for Wind Energy, Revenue (USD Million) 2016 - 2026
FIG. 37 Global Closed Molding Composites Market for Sporting Goods, Revenue (USD Million) 2016 - 2026
FIG. 38 Global Closed Molding Composites Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 39 Global Closed Molding Composites Market Revenue Share, by Region, 2019 & 2026
FIG. 40 North America Closed Molding Composites Market Revenue, 2016 - 2026 (USD Million)
FIG. 41 Europe Closed Molding Composites Market Revenue, 2016 - 2026 (USD Million)
FIG. 42 Asia Pacific Closed Molding Composites Market Revenue, 2016 - 2026 (USD Million)
FIG. 43 Latin America Closed Molding Composites Market Revenue, 2016 - 2026 (USD Million)
FIG. 44 The Middle-East and Africa Closed Molding Composites Market Revenue, 2016 - 2026 (USD Million)
FIG. 45 Polynt S.p.A, Menzolit GmbH Business Segment Revenue Share, 2018 (%)
FIG. 46 Polynt S.p.A, Menzolit GmbH Geographical Segment Revenue Share, 2018 (%)
 


List of Tables 
 
TABLE 1 Global Closed Molding Composites Market: Snapshot
TABLE 2 Drivers of the Closed Molding Composites Market: Impact Analysis
TABLE 3 Restraints for the Closed Molding Composites Market: Impact Analysis
TABLE 4 Global Closed Molding Composites Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Closed Molding Composites Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Closed Molding Composites Market Revenue, by Manufacturing Process, 2016 – 2026 (USD Million)
TABLE 7 North America Closed Molding Composites Market Revenue, by Fiber Type, 2016 – 2026 (USD Million)
TABLE 8 North America Closed Molding Composites Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 9 Europe Closed Molding Composites Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 10 Europe Closed Molding Composites Market Revenue, by Manufacturing Process, 2016 – 2026 (USD Million)
TABLE 11 Europe Closed Molding Composites Market Revenue, by Fiber Type, 2016 – 2026 (USD Million)
TABLE 12 Europe Closed Molding Composites Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 13 Asia Pacific Closed Molding Composites Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 14 Asia Pacific Closed Molding Composites Market Revenue, by Manufacturing Process, 2016 – 2026 (USD Million)
TABLE 15 Asia Pacific Closed Molding Composites Market Revenue, by Fiber Type, 2016 – 2026 (USD Million)
TABLE 16 Asia Pacific Closed Molding Composites Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 17 Latin America Closed Molding Composites Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 Latin America Closed Molding Composites Market Revenue, by Manufacturing Process, 2016 – 2026 (USD Million)
TABLE 19 Latin America Closed Molding Composites Market Revenue, by Fiber Type, 2016 – 2026 (USD Million)
TABLE 20 Latin America Closed Molding Composites Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 21 The Middle-East and Africa Closed Molding Composites Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 22 The Middle-East and Africa Closed Molding Composites Market Revenue, by Manufacturing Process, 2016 – 2026 (USD Million)
TABLE 23 The Middle-East and Africa Closed Molding Composites Market Revenue, by Fiber Type, 2016 – 2026 (USD Million)
TABLE 24 The Middle-East and Africa Closed Molding Composites Market Revenue, by Application, 2016 – 2026 (USD Million)
 
 

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FrequentlyAsked Questions

Owing to increased urbanisation around the globe the automotive industry has seen a strong demand for panels and other components for automotive vehicles. The use of composite materials in the industry was motivated by this.

According to Zion Market Research, global demand for closed molding composites market is expected to generate revenue of around USD 93.15 Billion by end of 2026, growing at a CAGR of around 7.2% between 2020 and 2026.

The Asia Pacific closed molding composites market is projected to hold the largest share globally in the future. Sustainable energy demand is rising. The wind energy sector is, thus, driving the global demand for closed moulding composites. In addition, the market for lightweight long wind turbine blades is rising, generating opportunities for carbon fibre composites.

Some main participants of the Closed Molding Composites market are Polynt S.p.A, Menzolit GmbH, Continental Structural Plastics Inc., A. Schulman, and Excel Composites Inc. Other key players influencing the global market are Core Molding Technologies, Strongwell Corporation, GKN Aerospace, and Royal TenCate N.V., among others.

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