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Reinforced Plastics Market

Reinforced Plastics Market (Carbon Fiber Reinforced Plastics, Glass Fiber Reinforced Plastics, Aramid Fiber Reinforced Plastics and Others) for Automotive, Building & Construction, Aerospace & Aviation, Wind Energy, Marine, Electrical & Electronics and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Global Reinforced Plastics Market: Snapshot

Growing application of reinforced plastics in various industries is expected to grow the global reinforced market in the coming years. The reinforced plastic is widely used in the marine sector to make watercrafts it can substitute wood and steel structures, and gives a wide range of shading choices. The use of reinforced plastic also helps in protecting products during climate change.

The reinforced plastic is also widely used in the automobile industry owing to its unique properties such as malleability and low weight. In addition to that, high resistance to corrosion and chemical attack that has increased its demand in the chemical industry for making pipes, chemical storage vessels, and fume scrubber. The role of reinforced plastic in the automotive segment is rising due to increasing disposable in emerging economies that are growing the demand for finished and highly refined automobiles.

The global reinforced plastics market is projected to rise at a healthy CAGR of 7.6% during the forecast period between 2013 and 2019. The valuation for the market is projected to attain US$15.82 bn by the end of 2019.

GFRP Dominates Reinforced Plastics Market Due to Rising Significance in Various Industries

The global reinforced plastics market is classified on the basis of application and product segments. The type products include aramid fiber reinforced plastics, carbon fiber reinforced plastics (CFRP), glass fiber reinforced plastics (GFRP), and others including metal, natural, boron, graphite fibers. Out of these segments, the GFRP is dominating the market due to its minimal accessibility and effort. Growing use of GFRP in electrical gadgets, automotive, and construction & infrastructure attributing to the growth of this segment. On the other hand, lightweight and design flexibility by the CFRP is rising in aircraft and wind turbine blades, as it increases aerodynamic efficiency.

On the basis of application, the global reinforced market is categorized into automotive, aerospace and aviation, building and construction, wind energy, electrical and electronics, marine, and others. Out of these, in 2012 the automotive segment dominated the global reinforced plastics market due to rising interest for automobiles in Asia Pacific. In addition to that booming demand for lightweight vehicles in Europe is also responsible for the growth of this segment. The second position was held by building and development segment in the global reinforced plastics market. On the other hand, aerospace and aviation segment is projected to rise at 6.6% of CAGR during the forecast period mainly because of rising preference to travel in flight over different methods of transportation. Application of reinforced plastics is also seen in wind turbines as it provides sharp edges and increases its efficiency.

Rising Automotive Industry in North America to Boost Market Growth

Geographically, North America dominated the global reinforced plastics market due to its high significance in automotive and electrical and electronics segment. Asia Pacific held the second position in this market because of the rising application of reinforced plastics in various industries in the region.

In the competitive landscape section, various leading players in the market are analyzed. Some of the prominent players are BASF SE, Haysite Reinforced Plastics, DuPont, Binani Industries, and Huntsman Corporation.

1. Preface

    1.1. Report description

    1.2. Market segmentation

        1.2.1. Global reinforced plastics market segmentation, by product segment, application and region

    1.3. Research scope and assumption

    1.4. Research methodology

2. Executive Summary

    2.1. Global reinforced plastics market, 2012-2019 (Kilo Tons) (USD Million)

3. Reinforced Plastics Market – Industry Analysis

    3.1. Introduction

    3.2. Value chain analysis

    3.3. Market Drivers

        3.3.1. Increasing demand from automotive and transportation industries

            3.3.1.1. Global light vehicles sales, 2012-2019 (Million units)

        3.3.2. Growing demand from construction and building industry

            3.3.2.1. Global construction & building market revenue, 2012-2019 (USD Billion)

    3.4. Restraints

        3.4.1. Volatile raw material prices

            3.4.1.1. Global resins price trend, July 2010 - January 2014 (USD/KG)

        3.4.2. Environmental regulations regarding raw materials

    3.5. Opportunities

        3.5.1. Growing demand for reinforced plastics in wind turbines

            3.5.1.1. Global wind turbine market revenue, 2012-2019 (USD Billion)

        3.5.2. Growing demand for bio-composites based reinforced plastics

    3.6. Porter’s five forces analysis

        3.6.1. Bargaining powers of suppliers

        3.6.2. Bargaining power of buyers

        3.6.3. Threat from substitutes

        3.6.4. Threat from new entrants

        3.6.5. Degree of competition

    3.7. Reinforced plastics market: Market attractiveness analysis

        3.7.1. Reinforced plastics market: Market attractiveness analysis, by application

4. Reinforced Plastics Market – Product Segment Analysis

    4.1. Global reinforced plastics market: Product segment overview

        4.1.1. Global reinforced plastics market share, by product segment, 2012 & 2019

    4.2. Carbon fiber reinforced plastics (CFRP)

        4.2.1. Global carbon fiber reinforced plastics market, 2012-2019, (Kilo Tons) (USD Million)

    4.3. Glass fiber reinforced plastics (GFRP)

        4.3.1. Global glass fiber reinforced plastics market, 2012-2019, (Kilo Tons) (USD Million)

    4.4. Aramid fiber reinforced plastics

        4.4.1. Global aramid fiber reinforced plastics market, 2012-2019, (Kilo Tons) (USD Million)

    4.5. Others (Metal, natural, boron, graphite fibers)

        4.5.1. Global other fibers reinforced plastics market, 2012-2019, (Kilo Tons) (USD Million)

5. Global reinforced plastics market: Application overview

    5.1. Global reinforced plastics market: Application overview

        5.1.1. Global reinforced plastics market share, by application, 2012 & 2019

    5.2. Automotive

        5.2.1. Global reinforced plastics market for automotive application, 2012-2019, (Kilo Tons) (USD Million)

    5.3. Building & construction

        5.3.1. Global reinforced plastics market for building & construction application, 2012-2019, (Kilo Tons) (USD Million)

    5.4. Aerospace & aviation

        5.4.1. Global reinforced plastics market for aerospace & aviation application, 2012-2019, (Kilo Tons) (USD Million)

    5.5. Wind energy

        5.5.1. Global reinforced plastics market for wind energy application, 2012-2019, (Kilo Tons) (USD Million)

    5.6. Marine

        5.6.1. Global reinforced plastics market for marine application, 2012-2019, (Kilo Tons) (USD Million)

    5.7. Electrical & electronics

        5.7.1. Global reinforced plastics market for electrical & electronics application, 2012-2019, (Kilo Tons) (USD Million)

    5.8. Others

        5.8.1. Global reinforced plastics market for others applications, 2012-2019, (Kilo Tons) (USD Million)

6. Reinforced Plastics Market - Regional Analysis

    6.1. Global reinforced plastics market: Regional overview

        6.1.1. Global reinforced plastics market share, by region, 2012 & 2019

    6.2. North America

        6.2.1. North America reinforced plastics market volumes, by product segment, 2012-2019 (Kilo Tons)

        6.2.2. North America reinforced plastics market revenues, by product segment, 2012-2019 (USD Million)

        6.2.3. North America reinforced plastics market volumes, by application, 2012-2019 (Kilo Tons)

        6.2.4. North America reinforced plastics market revenues, by application, 2012-2019 (USD Million)

    6.3. Europe

        6.3.1. Europe reinforced plastics market volumes, by product segment, 2012-2019 (Kilo Tons)

        6.3.2. Europe reinforced plastics market revenues, by product segment, 2012-2019 (USD Million)

        6.3.3. Europe reinforced plastics market volumes, by application, 2012-2019 (Kilo Tons)

        6.3.4. Europe reinforced plastics market revenues, by application, 2012-2019 (USD Million)

    6.4. Asia Pacific

        6.4.1. Asia Pacific reinforced plastics market volumes, by product segment, 2012-2019 (Kilo Tons)

        6.4.2. Asia Pacific reinforced plastics market revenues, by product segment, 2012-2019 (USD Million)

        6.4.3. Asia Pacific reinforced plastics market volumes, by application, 2012-2019 (Kilo Tons)

        6.4.4. Asia Pacific reinforced plastics market revenues, by application, 2012-2019 (USD Million)

    6.5. Rest of World (RoW)

        6.5.1. RoW reinforced plastics market volumes, by product segment, 2012-2019 (Kilo Tons)

        6.5.2. RoW reinforced plastics market revenues, by product segment, 2012-2019 (USD Million)

        6.5.3. RoW reinforced plastics market volumes, by application, 2012-2019 (Kilo Tons)

        6.5.4. RoW reinforced plastics market revenues, by application, 2012-2019 (USD Million)

7. Company Profiles

    7.1. Celanese corporation

        7.1.1. Company overview

        7.1.2. Product portfolio

        7.1.3. Financial overview

        7.1.4. Business strategy

        7.1.5. SWOT analysis

        7.1.6. Recent developments

    7.2. Dow Chemical Company

        7.2.1. Company overview

        7.2.2. Product portfolio

        7.2.3. Financial overview

        7.2.4. Business strategy

        7.2.5. SWOT analysis

        7.2.6. Recent developments

    7.3. Binani Industries Ltd.

        7.3.1. Company overview

        7.3.2. Product portfolio

        7.3.3. Financial overview

        7.3.4. Business strategy

        7.3.5. SWOT analysis

        7.3.6. Recent developments

    7.4. DuPont

        7.4.1. Company overview

        7.4.2. Financial overview

        7.4.3. Business strategy

        7.4.4. SWOT analysis

    7.5. BGF Industries

        7.5.1. Company overview

        7.5.2. Product portfolio

        7.5.3. Business strategy

        7.5.4. SWOT analysis

        7.5.5. Recent developments

    7.6. Huntsman Corporation

        7.6.1. Company overview

        7.6.2. Product portfolio

        7.6.3. Financial overview

        7.6.4. Business strategy

        7.6.5. SWOT analysis

        7.6.6. Recent developments

    7.7. Ahlstrom

        7.7.1. Company overview

        7.7.2. Financial overview

        7.7.3. Business strategy

        7.7.4. SWOT analysis

        7.7.5. Recent developments

    7.8. Haysite Reinforced Plastics

        7.8.1. Company overview

        7.8.2. Product portfolio

        7.8.3. Business strategy

        7.8.4. SWOT analysis

    7.9. PPG Industries

        7.9.1. Company overview

        7.9.2. Financial overview

        7.9.3. Product portfolio

        7.9.4. Business strategy

        7.9.5. SWOT analysis

        7.9.6. Recent developments

    7.10. Kemrock Industries

        7.10.1. Company overview

        7.10.2. Financial overview

        7.10.3. Product portfolio

        7.10.4. Business strategy

        7.10.5. SWOT analysis

    7.11. BASF SE

        7.11.1. Company overview

        7.11.2. Financial overview

        7.11.3. Product portfolio

        7.11.4. Business strategy

        7.11.5. SWOT analysis

        7.11.6. Recent developments

    7.12. Solvay

        7.12.1. Company overview

        7.12.2. Financial overview

        7.12.3. Product portfolio

        7.12.4. Business strategy

        7.12.5. SWOT analysis

List of Tables

TABLE 1: Global reinforced plastics market snapshot

TABLE 2: Drivers for reinforced plastics market Impact analysis

TABLE 3: Restraints of reinforced plastics market: Impact analysis

TABLE 4: Restraints for reinforced plastics market: Environmental regulations

TABLE 5: North America reinforced plastics market volumes, by product segment, 2012-2019 (Kilo Tons)

TABLE 6: North America reinforced plastics market revenues, by product segment, 2012-2019 (USD Million)

TABLE 7: North America reinforced plastics market volumes, by application, 2012-2019 (Kilo Tons)

TABLE 8: North America reinforced plastics market revenues, by application, 2012-2019 (USD Million)

TABLE 9: Europe reinforced plastics market volumes, by product segment, 2012-2019 (Kilo Tons)

TABLE 10: Europe reinforced plastics market revenues, by product segment, 2012-2019 (USD Million)

TABLE 11: Europe reinforced plastics market volumes, by application, 2012-2019 (Kilo Tons)

TABLE 12: Europe reinforced plastics market revenues, by application, 2012-2019 (USD Million)

TABLE 13: Asia Pacific reinforced plastics market volumes, by product segment, 2012-2019 (Kilo Tons)

TABLE 14: Asia Pacific reinforced plastics market revenues, by product segment, 2012-2019 (USD Million)

TABLE 15: Asia Pacific reinforced plastics market volumes, by application, 2012-2019 (Kilo Tons)

TABLE 16: Asia Pacific reinforced plastics market revenues, by application, 2012-2019 (USD Million)

TABLE 17: RoW reinforced plastics market volumes, by product segment, 2012-2019 (Kilo Tons)

TABLE 18: RoW reinforced plastics market revenues, by product segment, 2012-2019 (USD Million)

TABLE 19: RoW reinforced plastics market volumes, by application, 2012-2019 (Kilo Tons)

TABLE 20: RoW reinforced plastics market revenues, by application, 2012-2019 (USD Million)

List of Figures

FIG. 1: Global reinforced plastics market segmentation, by product, application and geography

FIG. 2: Global reinforced plastics market, 2012-2019 (Kilo Tons) (USD Million)

FIG. 3: Value Chain Analysis: Reinforced plastics market

FIG. 4: Global light vehicles sales, 2012-2019 (Million Units)

FIG. 5: Global construction & building market revenue, 2012-2019 (USD Billion)

FIG. 6: Global resins price trend, July 2010 - January 2014 (USD/KG)

FIG. 7: Global wind turbine market revenue, 2012-2019 (USD Billion)

FIG. 8: Porter’s five forces analysis

FIG. 9: Reinforced plastics market: Market attractiveness analysis, by application

FIG. 10: Global reinforced plastics market share, by product segment, 2012 & 2019

FIG. 11: Global carbon fiber reinforced plastics market, 2012-2019, (Kilo Tons) (USD Million)

FIG. 12: Global glass fiber reinforced plastics market, 2012-2019, (Kilo Tons) (USD Million)

FIG. 13: Global aramid fiber reinforced plastics market, 2012-2019, (Kilo Tons) (USD Million)

FIG. 14: Global other fibers reinforced plastics market, 2012-2019, (Kilo Tons) (USD Million)

FIG. 15: Global reinforced plastics market share, by application, 2012 & 2019

FIG. 16: Global reinforced plastics market for automotive application, 2012-2019, (Kilo Tons) (USD Million)

FIG. 17: Global reinforced plastics market for building & construction application, 2012-2019, (Kilo Tons) (USD Million)

FIG. 18: Global reinforced plastics market for aerospace & aviation application, 2012-2019, (Kilo Tons) (USD Million)

FIG. 19: Global reinforced plastics market for wind energy application, 2012-2019, (Kilo Tons) (USD Million)

FIG. 20: Global reinforced plastics market for marine application, 2012-2019, (Kilo Tons) (USD Million)

FIG. 21: Global reinforced plastics market for electrical & electronics application, 2012-2019, (Kilo Tons) (USD Million)

FIG. 22: Global reinforced plastics market for others application, 2012-2019, (Kilo Tons) (USD Million)

FIG. 23: Global reinforced plastics market share by region, 2012 & 2019

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Reinforced Plastics Market

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