Composite films play an important role in weight reduction. Composite films have of two or more phases or constituent parts. Composite films are made up with resins like Epoxy, which are used in various industries such as Aerospace & Defense, Automotive, Civil, Marine, and Others.
Increase in demand for composite material in various industries like Automotive, Aerospace & Defense is expected to boost the composite film market growth. Furthermore, increase in partnership activities by key players is expected to propel the growth of composite film market. For instance, May 2019 Solvay partnered with safran for the supply of high temperature composite films and adhesives. Moreover, in March 2018, Hexcel partnered with Arkema. Under this partnership they are focusing on development and manufacturing of composite thermoplastic technologies. In other hand, merger and acquisition activities is expected grow the composite film market. For instance, in March 2018, Toray acquired TenCate for development and improvement of composite surfacing film products. High cost of composite materials is the major restraining factor, which expected to hamper the growth of composite film market.
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For a better understanding of the Composite Film Market, a better grip over the macroeconomic and microeconomic factors are needed as they are impacting the market towards progress. Those factors can ensure a swift helming of the market by rough patches of economic crisis and help in averting plummeting results. With real-time data, the report captures the essence of the market and provides a close reading of demographic changes. Report would assist key players in assessing growth opportunities and optimally use resources provided by growth pockets.
Composite Film Market Key Players
Various key players are discussed in the report including 3M, Henkel AG & co. KGaA, Hexcel Corporation, Gurit, Solvay, Toray Industries, Inc., Socomore, Park Aerospace Corporation, Axiom Materials Inc., Northern Composites LLC., and LincoIn Composite Materials Inc.
Composite Film Market Taxonomy
By Resin Film Type
By Curing Type
- Out-Of- Autoclave
- Lightning Strike Protection
- Surface Protection
- Other Protection
By End Users
- Aerospace & Defense
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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