Growth Opportunities in the Global Vacuum Bagging Material Market
The future of the global vacuum bagging material market looks good, with opportunities in theaerospace and defense, wind energy, marine, and automotive. The global vacuum baggingmaterial market is forecast to grow at a CAGR of 7.4% from 2016 to 2021. The major drivers ofgrowth for this market are increasing usage of composites in aerospace & defense and wind energyas 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 enduse applications. On the basis of its comprehensive research, Lucintel forecasts that the aerospaceand defense segment is expected to show above average growth during the forecast period of2016 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, andbreather/bleeder are the major products. The breather/bleeder product is expected to remain thelargest market by value.
For business expansion, this report suggests innovation and new product development to producevacuum bagging material that have high temperature resistance and that are compatible withdifferent types of resin. The report further suggests the development of partnerships with customersto create win-win situations and the development of low-cost solutions for customers.
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in this market.
This report will save hundreds of hours of your own personal research time and will significantlybenefit you in expanding your business in this market. In today’s challenging economy, you needevery advantage that you can find.
Scope and Features of This Report:
To make critical business, investment, or strategic decisions, you need timely useful information.
This market report fulfills this core need and is an indispensable reference guide for materialsuppliers, product manufacturers, investors, executives, distributors, and more that operate in thismarket. Some of the features and scope of this report include the following: