Increasing Demand of High Mechanical Strength and Lightweight Material and Growing Demand of Epoxy Resins in Wind Energy are Driving the Europe Epoxy Composites Market in the forecast period of 2019 to 2026

Drivers: Europe Epoxy Composites Market

  • Increasing demand of high mechanical strength and lightweight material
  • Growing demand of epoxy resins in wind energy

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Restraint

Limited recyclability of epoxy composites

Opportunity

Adoption of low cost production techniques

Challenge

Low demand of paper fiber to create hurdles for manufacturers

Segmentation: Europe Epoxy Composites Market

Europe Epoxy Composites Market is segmented into four notable segments which are type, resin type, manufacturing process and end-user.

  • On the basis of type, the market is segmented into glass fiber, cotton fiber and paper fiber.
  • On the basis of resin type, the market is segmented into epoxy resin, phenolic resin and melamine resin.
  • On the basis of manufacturing process, the market is segmented into lay-up, compression molding, resin injection, resin transfer molding, filament winding and pultrusion.
  • On the basis of end-user, the market is segmented into aerospace & defence, automotive & transportation, marine and oil & gas, wind energy, sporting & consumer goods, electrical & electronics, construction and others.

Major Players: Europe Epoxy Composites Market

Some of the major players operating in this market are Huntsman International LLC., Solvay, Owens Corning, Hexcel Corporation, Rotec Composite Group B.V., ISOSPORT composite components GmbH, Scott Bader Company Ltd., Gurit, SGL Carbon, Sumitomo Bakelite Co., Ltd., IDI Composites International, Mitsubishi Chemical Holdings Corporation, TORAY INDUSTRIES, INC., TEIJIN LIMITED, and TPI Composites.