123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Opportunities For The Global Composite Surface Film Market To Grow At A Cagr Of 6.3% By 2024

Profile Picture
By Author: Lucintel
Total Articles: 578
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

According to a new market report published by Lucintel, the future of the global composite surface film market looks promising with opportunities in the aerospace & defense, automotive and others industries. The global composite surface film market is expected to grow with a CAGR of 6.3% from 2019 to 2024. The major drivers for this market are increasing aircraft delivery and increasing penetration of composites in the structural components of aircraft.

In this market, wing, fuselage, empennage, and automotive body panel are the major application areas for surface film. Lucintel forecast that Fuselage will remain the largest application due to requirement of high quality surface finish and to reduce the effect of thermal cycling. Wing is expected to witness the highest growth over the forecast period due to the growing use of composites in wing components.

Within this market, surface preparation and protection, and surface films with LSP are the two major function of surface film. Surface preparation and protection will remain the largest segment due to its wider application area. Surface films with ...
... LSP segment is expected to witness highest growth over the forecast period due to its performance benefits, such as lightweight, higher processing efficiency, and offers lightning strike protection.

North America will remain the largest region over the forecast period due to the presence of all major aircraft OEMs and tier players. APAC is expected to witness the highest growth over the forecast period due to a growing production of aircraft models with higher composite content.
An Emerging trend, which has a direct impact on the dynamics of the industry, includes the development of surface film with higher shelf life and dual cure compatibility. 3M, Solvay, Henkel Corporation, Toray, and Park Electrochemical Corporation are among the major suppliers of composite surface film.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global composite surface film market by end use industry, application, function type, and region and has come up with a comprehensive research report entitled “Growth Opportunities for the Global Composite Surface Film Market 2019-2024: Trends, Forecast, and Market Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for composites in the global composite surface film market by end use industry, application, function type, and region as follows:

By End Use Industry [Value ($M) and (M Sq. Meters) from 2013 to 2024]:

• Aerospace & Defense
• Automotive Body Panels
• Others

By Application Type [Value ($M) and Volume (M Sq. Meters) from 2013 to 2024]:

• Fuselage
• Wings
• Empennage
• Other Aerospace Components
• Automotive Body Panels
• Others

By Function Type [Value ($M) and Volume (M Sq. Meters) from 2013 to 2024]:

• Surface Preparation and Protection
• Surface Films with LSP

By Region [Value ($M) and Volume (M Sq. Meters) from 2013 to 2024]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

This 188 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel offerings include advanced materials reports, composite materials market report, strategic growth consulting, market research due diligence and business strategy consulting.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 10 key questions:

Q.1 What are some of the most promising, high-growth opportunities for composites in the global composite surface film market by end use type (aerospace & defense, automotive, others) application (fuselage, wings, empennage, other aerospace components, automotive body panels, and others), function type (surface preparation and protection films, and surface films with LSP), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges in this market?
Q.5 What are the business risks and threats of this market?
Q.6 What are emerging trends in this market and reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What M&A activity has occurred in the last 5 years?

Total Views: 72Word Count: 853See All articles From Author

Add Comment

Business Articles

1. Tổng Quan Về Mũ Bảo Hộ Công Trường
Author: Song Hành

2. Smart Ticketing Market Is Anticipated To Grow At A Cagr Of 14%-16% During 2020-2025
Author: Lucintel LLC

3. Soundproofing In Hard Economic Times
Author: Kevin Richard

4. Global Body In White (biw) Market
Author: kalpesh rajput

5. Multi-well Pad Drilling Market
Author: kalpesh rajput

6. Global Dental Radiology And Imaging Devices Market
Author: kalpesh rajput

7. Global Reefer Truck Market
Author: kalpesh rajput

8. Global Unmanned Underwater Vehicles (uuv) Market
Author: kalpesh rajput

9. Vital Jewellery Purchasing Tips
Author: Namit Dolkar

10. Coronary Stents Market Worth Usd 10.31 Bill By 2021
Author: Rosy Wills

11. Planning To Start A Business? Read What Bill Gates Has To Say About It
Author: quotie

12. How Can Bookkeepers Save You Money And Headaches
Author: Osservi

13. Benefits Of Using Robotic Pool Cleaners
Author: Poolbay Asad

14. Lucintel Forecasts Blockchain Iot Market To Grow At A Cagr Of 70%-72%
Author: Lucintel LLC

15. The Best Custom Built Gaming Pc For Competitive Shooters
Author: Ahmed Abdelaziz

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: