Lucintel Forecasts The Global Vacuum Bagging Material Market To Reach $3 Billion By 2031

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global vacuum bagging material market looks promising with opportunities in the wind energy, aerospace, automotive, and marine. The global vacuum bagging market is expected to reach an estimated $3 billion by 2031 with a CAGR of 5% from 2024 to 2031. The major growth drivers for this market are increasing usage of composites in aerospace & defense and wind energy as well as growing acceptance of VARTM (Vacuum Assisted Resin Transfer Molding) process.
A more than 150-page report to understand trends, opportunity and forecast in global vacuum bagging material market to 2031 by end use industry (wind energy, aerospace, automotive, marine, and other end use industries), product (vacuum bagging film, release film, peel ply, breather/bleeder, and other products), process (VARTM and prepreg), and region (North America, Europe, Asia Pacific, and the Rest of the World)..
Lucintel forecasts that vacuum bagging film will remain the largest market due to its excellent optical properties, high temperature resistance, toughness, good flexibility, high elongation, ...
... and very low permeability.
Download sample by clicking on vacuum bagging material market.
Within the global vacuum bagging material market, wind energy will remain the largest end use industry by value 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.
APAC is expected to remain the largest market for vacuum bagging material due to the growing renewable energy market in China and India and also is expected to witness the highest growth rate during the forecast period.
Airtech International Inc., Aerovac Composites One, Diatex SAS, Shanghai Leadgo-TechCo, Zhejianh Youwei New Materials Co. Ltd., Vactec Composites Pvt. Ltd. are the major suppliers in the vacuum bagging material market.
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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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