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Lucintel Forecasts Vacuum Bagging Material Market To Reach $1.2 Billion By 2026

According to the recent study the vacuum bagging material market is projected to reach an estimated $1.2 billion by 2026 from $0.9 billion in 2020, at a CAGR of 4.7% from 2020 to 2026. Growth in this market is primarily driven by increasing usage of composites in aerospace & defense and wind energy as well as growing acceptance of VARTM (Vacuum Assisted Resin Transfer Molding) process.
Browse 144 figures / charts and 99 tables in this 219 -page report to understand trends, opportunities and forecast in vacuum bagging material market by end-use application (wind energy, aerospace, automotive, marine, and others), product type (vacuum bagging film, release film, peel ply, breather/bleeder, and others), by material (nylon, polyester, and others) by process (VARTM and prepreg), and region (North America, Europe, Asia Pacific, China, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/vacuum-bagging-material-market.aspx
“Vacuum bagging film market is expected to remain the largest segment during the forecast period.”
...
... Based on product type, the vacuum bagging material market is segmented into vacuum bagging film, release film, peel ply, breather/bleeder, and others. Lucintel forecasts that the vacuum bagging film market is expected to remain the largest segment during the forecast period due to its excellent optical properties, high temperature resistance, toughness, good flexibility, high elongation, and very low permeability.
“Within the vacuum bagging material market, the wind energy segment is expected to remain the largest end-use application”
Based on end-use application, the wind energy segment is expected to witness the largest end use industries due to increasing demand for composites materials in wind energy. Aerospace segment is expected to witness highest growth over the forecast period due to the increasing penetration of composites in aerospace.
“Asia pacific will dominate the vacuum bagging material market in near future”
Asia Pacific is expected to be the largest region with the highest growth over the forecast period due to the growing renewable energy market in China and India. Europe is expected to witness the highest growth rate during the forecast period.
Download Brochure of this report by clicking on https://www.lucintel.com/vacuum-bagging-material-market.aspx
Major players of vacuum bagging material market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Airtech International, Cytec Solvay Group, Diatex, and Shanghai Leadgo-Tech Co., Ltd., Zhejianh Youwei New Materials Co. Ltd., and Vactec Composites Pvt. Ltd. are among the major vacuum bagging material providers.
This unique 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 click on this link https://www.lucintel.com/vacuum-bagging-material-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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