Advanced Polymer Composites Market - Global Industry Analysis by 2020 Advanced Polymer Composites Market | Page 2
composites. The aerospace sector held a share of more than 40% in the global
advanced polymer composites market in 2013. The demand for advanced polymer
composites is predicted to grow significantly due to the rising demand for aircraft
carriers around the world.
Region-wise, the global advanced polymer composites market is segmented into
Asia Pacific, Europe, North America, and Rest of the World (RoW). In 2013, the global
advanced polymer composites market was led by North America with a share of
around 38%, followed by Europe and Asia Pacific. Several aircraft makers are based
in North America, which will drive the demand for advanced polymer composites in
this region.The Asia Pacific advanced polymer composites market is expected to
demonstrate the fastest growth in the forecast period due to the rising demand
from its end-use industries. Asia Pacific is one of the key markets for producers of
advanced polymer composites owing to the economic growth and technological
advancement observed in this region in the past few years. This has led to many
manufacturers establishing new plants in Asia Pacific countries.
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polymer-composites-market.html
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