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Global Composite Vacuum Consumables Market Likely to Experience a Robust Growth of 6.5% CAGR Over the Next Five Years and Reach US$ 411 Million in 2021, as per a New Report from Stratview ResearchDETROIT, January 19, 2017 /PRNewswire/ -- Stratview Research announces the launch of a new research report on Global Composite Vacuum Consumables Market by Material Type (Vacuum Bagging Film, Release Film, Peel Ply, Breather & Bleeders, and Others), by End Use Industry (Aerospace & Defense, Wind Energy, Marine, Transportation, and Others), by Application Type (Prepreg Layup, VARTM Process, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 - 2021. (Logo: http://photos.prnewswire.com/prnh/20160831/402975LOGO ) This market report, from Stratview Research, studies the vacuum consumables market in the global composites industry over the period 2010 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. Vacuum Consumables Market in the Global Composites Industry: Highlights As per Stratview Research, the global composite vacuum consumables market offers a robust growth of 6.5% CAGR during the forecast period of 2016 to 2021 and reach an estimated US$ 411 million in 2021, which offers an opportunity to the composites industry players to align themselves with the market growth. There are several factors bolstering the growth of vacuum consumables in the global composites industry. The author of the report cited increasing use of prepreg in the aerospace & defense and automotive industries, recovering marine market, and sustainable growth in the wind energy as major growth drivers of the global composite vacuum consumables market. Aerospace & defense is expected to remain the largest end-use industry for composite vacuum consumables during the forecast period, followed by wind energy. High use of prepreg lay-up process for manufacturing structural composite components is the prime driver of vacuum consumables in the aerospace & defense industry. Automotive industry is expected to experience the highest growth during the forecast period driven by stringent government regulations which is compelling OEMs to use lightweight materials. As per the study, vacuum bagging film is the largest material segment in the global composite vacuum consumables market, closely followed by release films which is the estimated to be the fastest growing material type in the market over the next five years. Prepreg layup and VARTM are the two largest application processes for composite vacuum consumables, capturing almost the complete market and is expected to remain so during the forecast period as well. In terms of region, North America is expected to remain the largest market for composite vacuum consumables during the forecast period. The region is the world's capital of composite manufacturing with presence of many big to small composite parts molders. However, Asia-Pacific is expected to be the fastest growing market during the forecast period. The global market for composite vacuum consumables is highly consolidated with the top two players occupying more than 0% of the market. The key global manufacturers are Airtech International and Solvay S.A. (Umeco Plc). New product development, regional expansion, and long term relation with prepreg manufacturers are the key strategies adopted by the major players to gain competitive edge in the market. Report Features This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies global composite vacuum consumables market and has segmented the market in four ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the four ways in which the market is segmented: Global Composite Vacuum Consumables Market by Material Type:
Global Composite Vacuum Consumables Market by Application Type:
Global Composite Vacuum Consumables Market by End-Use Industry:
Global Composite Vacuum Consumables Market by Region:
Stratview Research has several high value market reports in the advanced materials industry. Please refer to the following link to browse through our reports: Click Here for Other Reports from Stratview Research in the advanced materials Industry Related premium market reports in the advanced materials industry are: About Stratview Research Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies. Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. For enquiries, Contact: Please feel free to drop an enquiry with us or ask for a free sample in the below page and our team will get back to you very soon: http://www.stratviewresearch.com/register.html 
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