Market Overview:
The global epoxy composite film market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for epoxy composite films in various end-use industries such as aerospace and defense, automotive, and others. In terms of type, the lightning strike protection segment is projected to lead the global epoxy composite film market during the forecast period. This can be attributed to the increasing demand for lightning strike protection films from various end-use industries such as aerospace and defense, automotive, and others.
Product Definition:
Epoxy Composite Film is a thin film made of epoxy resin and fiberglass cloth. It is used to strengthen and protect surfaces, such as boat hulls and wind turbines.
Lightning Strike Protection:
Lightning strike protection is a new technology that provides enhanced fire resistance to epoxy composite films. The product has been developed by the Fire Research Laboratory (FRL) of the National Institute of Standards and Technology (NIST), in collaboration with E.I. DuPont de Nemours & Co., one of the leading manufacturers of chemicals, plastics, and fibers for protective clothing used in industrial applications worldwide.
The research was supported by an enhancement grant from the U.S.
Surface Protection:
Epoxy composite films are used in a wide range of applications such as automotive, aerospace and defense, electronics, construction and building materials. The high strength-to-weight ratio of the film makes it suitable for use in protective coatings on various substrates such as metal sheets, plastic foams and textiles.
The increasing demand for lightweight vehicles is expected to drive the market over the forecast period.
Application Insights:
Aerospace and defense was the largest application segment in 2017, accounting for over 45% of the overall revenue share. Epoxy composite films are used in a variety of aerospace components including leading and trailing edge panels, spars, stringers, bulkheads, fuselage interiors as well as exteriors on aircraft. The use of these films provides protection from high-speed debris that may result from an impact with a bird or object smaller than 1 mm in size.
The product is also used extensively across the automotive industry owing to its properties such as superior strength against deformation and impact resistance when compared to glass fiber reinforced plastic (GFRP). It is widely preferred due to its lightweight characteristics which help reduce vehicle weight thereby improving fuel efficiency along with reducing CO2 emissions by around 15%. These factors are likely to drive demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as aerospace and defense, automotive, others. In addition, rising investments by governments for developing infrastructure are likely to drive industry expansion over the next eight years.
The European market was valued at USD X million in 2017 and is anticipated to witness steady growth over the forecast period owing to growing product demand from key sectors including aerospace & defense, wind energy protection system (WESS), oil & gas industry for pipeline protection applications. Moreover, presence of major aircraft manufacturers including Airbus S A., Leonardo Helicopters S L., Dassault Syst¨mes V F L; Eurocopter GmbH; AgustaWestland Ltd.; Snecma/Brenneri sas di Cassina Brenna) will augment product penetration across this region during the same period.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and aerospace is expected to drive the growth of epoxy composite film market over the forecast period.
- Rising awareness about benefits of using epoxy composite films for various applications is projected to propel the market growth.
- Growing demand for lightweight and durable materials in transportation sector is anticipated to boost the epoxy composite film market in near future.
- Technological advancements in manufacturing process of epoxy composites are expected to create new opportunities for this market over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxy Composite Film Market Research Report
By Type
Lightning Strike Protection, Surface Protection, Others
By Application
Aerospace and Defense, Automotive, Others
By Companies
M, Henkel AG. and Co. KGaA, Northern Composites, LLC., Axiom Materials Inc., Park Aerospace Corp., Socomore, Toray Industries, Inc., Solvay, Gurit, Hexcel Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Epoxy Composite Film Market Report Segments:
The global Epoxy Composite Film market is segmented on the basis of:
Types
Lightning Strike Protection, Surface Protection, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace and Defense, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- M
- Henkel AG. and Co. KGaA
- Northern Composites, LLC.
- Axiom Materials Inc.
- Park Aerospace Corp.
- Socomore
- Toray Industries, Inc.
- Solvay
- Gurit
- Hexcel Corporation
Highlights of The Epoxy Composite Film Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lightning Strike Protection
- Surface Protection
- Others
- By Application:
- Aerospace and Defense
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Epoxy Composite Film Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Epoxy composite film is a type of plastic film that is made up of two or more different types of plastics. Epoxy composite films are often used to create products that have a strong, durable, and glossy finish.
Some of the major companies in the epoxy composite film market are M, Henkel AG. and Co. KGaA, Northern Composites, LLC., Axiom Materials Inc., Park Aerospace Corp., Socomore, Toray Industries, Inc., Solvay, Gurit, Hexcel Corporation.
The epoxy composite film market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Epoxy Composite Film Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Epoxy Composite Film Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Epoxy Composite Film Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Epoxy Composite Film Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Epoxy Composite Film Market Size & Forecast, 2020-2028
4.5.1 Epoxy Composite Film Market Size and Y-o-Y Growth
4.5.2 Epoxy Composite Film Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Lightning Strike Protection
5.2.2 Surface Protection
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aerospace and Defense
6.2.2 Automotive
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Epoxy Composite Film Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Epoxy Composite Film Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Lightning Strike Protection
9.6.2 Surface Protection
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aerospace and Defense
9.10.2 Automotive
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Lightning Strike Protection
10.6.2 Surface Protection
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aerospace and Defense
10.10.2 Automotive
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Lightning Strike Protection
11.6.2 Surface Protection
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aerospace and Defense
11.10.2 Automotive
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Lightning Strike Protection
12.6.2 Surface Protection
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aerospace and Defense
12.10.2 Automotive
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Lightning Strike Protection
13.6.2 Surface Protection
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aerospace and Defense
13.10.2 Automotive
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Epoxy Composite Film Market: Competitive Dashboard
14.2 Global Epoxy Composite Film Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 Henkel AG. and Co. KGaA
14.3.3 Northern Composites, LLC.
14.3.4 Axiom Materials Inc.
14.3.5 Park Aerospace Corp.
14.3.6 Socomore
14.3.7 Toray Industries, Inc.
14.3.8 Solvay
14.3.9 Gurit
14.3.10 Hexcel Corporation
