Opportunities for global vacuum bagging material market is expected to grow at a CAGR of 7.4% by 2021 - 75,039

Publish Date: 08-11-2018 14:21:18 | Contact name: Lucintel | Location: USA | Place: Lucintel, 8951 Cypress Waters Blvd., Suite 160, Dallas, TX 75019 | 1 times displayed |




According to a new market report published by
Lucintel, the future of the global vacuum bagging material market looks good,
with opportunities in the aerospace and defense, wind energy, marine, and
automotive. The global vacuum bagging material market is forecast to grow at a
CAGR of 7.4% from 2016 to 2021. The major drivers of growth 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.



In this market, aerospace and defense, wind
energy, marine, and automotive are the major end use applications. On the basis
of its comprehensive research, Lucintel forecasts that the aerospace and
defense segment is expected to show above average growth during the forecast
period of 2016 to 2021. Increasing penetration of composites in aerospace and
defense is the major driver.



Within the global vacuum bagging material
market, vacuum bagging film, release film, peel ply, and breather/bleeder are
the major products. The breather/bleeder product is expected to remain the
largest market by value.



In terms of process, vacuum bagging material
are used in VARTM and autoclave process. The VARTM market is expected to
witness above average growth over the forecast period due to growth in wind
energy and aerospace & defense market.
Wind turbine blade manufacturers prefer the VARTM process due to low
cost manufacturing.



North America is expected to remain the
largest region and is also expected to witness above average growth over the
forecast period due to significant growth in the aerospace & defense and
wind energy markets.



For business expansion, this report suggests
innovation and new product development to produce vacuum bagging material that
have high temperature resistance and that are compatible with different types
of resin. The report further suggests the development of
partnerships with customers to create win-win situations and the development of
low-cost solutions for customers.



Emerging trends, which have
a direct impact on the dynamics of the industry, include development of
reusable vacuum bag and double vacuum bagging system. Airtech International, Cytec Solvay Group,
Diatex, and Shanghai Leadgo-Tech Co., Ltd., are among the major suppliers of vacuum
bagging material in the global vacuum bagging material market.



Lucintel,
a leading global strategic consulting and market research firm, has analyzed growth
opportunities in global vacuum bagging material market by end-use application, by
product, by process, by material, and region, and has complied a comprehensive
research report entitled “Growth
Opportunities in the Global Vacuum Bagging Material Market 2016-2021: Trends,
Forecast, and Opportunity Analysis
.”
This Lucintel report serves as a springboard for growth strategy, as it
provides a comprehensive data and analysis on trends, key drivers, and
directions. The study includes a forecast for growth opportunities of global vacuum
bagging material market by end-use application, by product, by process, by
material and region, as follows:





By
end-use application type (Value ($M) and Volume (million square meter) shipment
from 2010 to 2021)



·
Aerospace and Defense



·
Wind Energy



·
Marine



·
Automotive



·
Others





By
product
(Value ($M) and Volume (million square meter) shipment
from 2010 to 2021)



·
Vacuum Bagging Film



·
Release Film



·
Peel Ply



·
Breather/Bleeder



·
Others





By
Material
(Volume (million square meter) shipment for
2010-2021)



·
Vacuum Bagging Film



Ø Nylon



Ø Others
(Polyimide, Polyolefin, Thermoplastic Elastomer, Polyethylene and Silicon)



·
Release Film



Ø PE
Polymer



Ø Others
(Fluoropolymer and Polyolefin)



·
Peel Ply



Ø Nylon



Ø Others
(Polyester, Fluorinated Ethylene Propylene and Glass fiber )



·
Breather/Bleeder



Ø Polyester



Ø Others
(Teflon and Glass fiber)





By process (Value ($M)
and Volume (million square meter) shipment from 2010 to 2021)



·
VARTM



·
Autoclave Layup





By
region
(Value ($M) and Volume (million square meter) shipment
from 2010 to 2021)



·
North America



·
Europe



·
Asia Pacific



·
The Rest of the World





This
161-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 click or helpdesk@lucintel.com. Lucintel offerings include Advanced Materials Reports, Composite Materials Market Report, Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT
Analysis
.





About
Lucintel



Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers 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 11 key
questions:



Q.1.What
are some of the most promising, high-growth opportunities in the global vacuum
bagging material market by end-use application (aerospace and defense, wind
energy, marine, automotive, and others) by product (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, 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, challenges
and business risks in this market?



Q.5.What
are the business risks and competitive threats in this market?



Q.6.What
are the emerging trends in this market and the reasons behind them?



Q.7.What
are some of the changing demands of customers in the market?



Q.8.What
are the new developments in the market? Which companies are leading these
developments?



Q.9.
Who are the major players in this market? What strategic initiatives are key
players pursuing for business growth?



Q.10.What
are some of the competing products in this market and how big of a threat do
they pose for loss of market share by material or product substitution?



Q.
11.What M & A activity has occurred in the last 5 years and what is its
impact on the industry?





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