Reinforcement Material Market Industry Analysis, Share, Growth, Sales, Trends, Supply, Forecast 2027


Posted February 18, 2021 by rohit890

Reinforcement provides improved and tailored material properties with manufacturing flexibility.
 
Market Overview

Reinforcement provides improved and tailored material properties with manufacturing flexibility. Particulate composite reinforcements are also used in conventional engineering methods such as injection molding, which has resulted in overall reduction in operational costs. Natural fibers such as flax, jute, kenaf, hemp, and sisal offer various benefits such as reduction in weight, cost, and recyclability. Reinforcements are used in composite materials to enhance properties such as stiffness and strength. Depending on the alumina-lime-borosilicate composition, glass fibers are considered the major reinforcements for polymer matrix composites, owing to properties such as low susceptibility to moisture, high electrical insulating properties, and superior mechanical properties.

Sheet structures of reinforced materials are used as heat shields, insulation shields for spark plug leads, and turbocharger hoses. Reinforcement materials are used in tires for trucks and cars, owing to properties such as superb abrasion, puncture and tear resistance resulting in long life. Military applications of reinforcement include a lightweight armor solution for protection against ballistic attacks. Continuous reinforcements are used in non-prestressed reinforced concrete for improving the load-carrying capability of the structure by providing high tensile strength and discontinuous reinforcements are added to improve the toughness needed to alter crack paths and cracking mechanisms.

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Market Dynamics

In automotive application, glass reinforced plastics are widely used in bumpers, dashboards, body panels and intake manifolds. Brakes are manufactured from particulate composite consisting of carbon or ceramics particulates. Various plastic components are used in consumer products such as appliances, computer housings, toys, electrical products, cell phone casings, helmets, and office furniture.

Reinforcement Material Market Taxonomy

On the basis of material, the global market is segmented into:

Carbon fiber

Glass fiber

Natural fiber

Aramid fiber

Steel rebar

On the basis of end use industry, the global market is segmented into:

Automotive

Aerospace

Consumer goods

Construction

Transportation

Some of the companies operating in the global reinforcement material market are Teijin Limited, Toray Industries, Inc., Cytec Industries Inc., Honeywell International, Inc., Bast Fiber LLC, AgroFiber SAS, NFC Fibers GmBh, E. I. du Pont de Nemours and Company, 3B-The Fiberglass Company, Owens Corning, BASF SE, Jushi Group Co., Ltd., Mitsubishi Rayon Co. Ltd., Hyosung Corporation, and NJR Steel Holdings (PTY) Ltd.

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Last Updated February 18, 2021