Reinforced Nonwoven Plastics Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020-2026
Report ID: GMI4709
Reinforced Nonwoven Plastics Market size is expected to showcase significant growth over the forecast timeframe with the increasing plastic reinforcement with different types of fibers. Reinforced plastics are composite materials and fibers used along with them include, glass, carbon, metals and other nonmetallic fibers such as paper, wood or asbestos.
The composites are emerging rapidly as a potential substitute to metal or any ceramic based materials. These materials find wide usage in sporting goods, electronics, automotive, aerospace, and marine applications. The increase in environmental awareness, community interest and environmental regulations has led to the developing need of the environment friendly materials. This positively influences reinforced nonwoven plastics market growth over the study timeframe.
Reinforced plastics are strong, cost effective, lightweight robust materials that plays a significant role in the design and development of light weight and fuel efficient automobiles. The choice of the polymers used in reinforced plastics includes vinyl ester or polyester thermosetting plastic, epoxy and phenol formaldehyde resins. Other specialty polymers and engineering plastics are also reinforced with fibers.
Based on product, reinforced nonwoven plastic can be segmented into type of plastic and fiber. The type of plastic used is more significant as it helps the industry to adapt to the environment. It also helps to produce products that are efficient and attracts the costumers. Availability of natural fiber at low cost and with ease of manufacturing the reinforced nonwoven plastics market can grow at a significant rate.
North America and Europe is anticipated to hold the significant share in reinforced nonwoven plastics market share due to the diversified demand from various end use industries under competitive scenarios. The markets here have been dynamic in term of innovative product development and other related activities. Developing regions like Asia Pacific and Africa have witnessed developments in the growth strategies because of the favorable production conditions and rising demand from various end use industries.
Prominent players in reinforced nonwoven plastic industry includes, DuPont, Fiberon LLC, Bcomp, Trex company INC and Flexform Technologies. The industry players are constantly adopting various strategies to enhance their market share, which include product development, partnership, expansion, mergers and acquisitions to strengthen value chain.
Reinforced Nonwoven Plastic Market, By End Use 2016-2026
- Ships & Boats
- Sporting Goods
- Building & Construction
Reinforced Nonwoven Plastic Market, By Production Type 2016-2026
- Injection Molding
- Compression Molding
Reinforced Nonwoven Plastic Market, By Product Type 2016-2026
The above information has been provided on a regional and country basis
- North America
- Asia Pacific
- Latin America
- Saudi Arabia
- South Africa
- UPM Biocomposites
- Fiberon LLC
- Greencore Composites INC
- Polymera INC
- TTS Biocomposites
- Meshlin Composites ZRT
- Flexform Technologies
- Tres Company INC
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