Closed Molding Composites Market Size in Aerospace & Defense Applicat Sep 2016 | Page 3

Closed Molding Composites Market: Global Forecasts to 2021 “Asia-Pacific is the fastest-growing market of closed molding composites.” Asia-Pacific is expected to be the fastest-growing market for closed molding composites in the next five years. The market in this region is driven by increasing consumption of closed molding composite in various industries such as wind energy, construction, electrical & electronics, and transportation. China leads the market in Asia-Pacific. Its consumption has grown remarkably owing to growth in the wind energy, sporting goods, and aerospace & defense industries. The wind energy industry in China witnessed the highest number of wind energy installations in 2015; it added 30.8 GW of new capacity. This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into following three categories:  By company type- Tier 1- 40%, Tier 2- 33%, and Tier 3-27%  By designation- C Level- 4%, Director Level- 15%, and Others- 45%  By region- North America- 15%, Europe- 55%, Asia-Pacific- 30%. © RnRMarketResearch.com ; [email protected]