- On the basis of type, the advanced composites market is segmented into carbon fiber composites, S-glass composites, aramid fiber composites and others. In 2021, the carbon fiber composites segment is dominating as carbon fiber composites has great strength and high resistance with helps to increasing demand in automotive structure products
- On the basis of resin, the advanced composites market is segmented into advanced thermoplastic and advanced thermosetting. In 2021, the advanced thermoplastic segment is dominating as in Europe, due to increasing demand for the carbon fiber which have high strength and high resistance to cracking which increases its demand in the manufacturing of the automotive structure products.
- On the basis of manufacturing process, the advanced composites market is segmented into automated tape laying (ATL) and automated fiber placement (AFP), hand layup/spray layup, compression molding, resin transfer molding (RTM), injection molding, filament winding and others. In 2021, the automated tape laying (ATL) and automated fiber placement (AFP) segment is dominating due to its manufacturing process has helps to increasing for the impregnated of plastics and fibers to make the composites material.
- On the basis of end-user, the advanced composites market is segmented into aerospace and defense, energy and power, automotive, sports equipment, civil engineering, electrical and electronics, healthcare and others. In 2021, the aerospace and defense segment is dominating as the increasing demand of security jet planes and fighter planes makes aerospace and defense to dominate.
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