Polymer Matrix Composites Market Business Segmentation By Revenue And Structure Forecast 2027
Polymer matrix composites (PMCs) are mainly comprised of organic polymer matrix that are bonded together by continuous or short fibers. Polymer matrix composites are widely used due to their fracture toughness, higher strength and stiffness, low costs compared to ceramic matrix composites, and simple fabrication method.
The global Polymer Matrix Composites Market is expected to be driven by increased demand for composites in end-use industries such as aerospace and electronics & electrical. This is majorly attributed to the increased use of lightweight materials in the production of structural components of aircrafts.
Polymer matrix composites are named after their type of reinforced fiber such as carbon fiber composites, hybrid fiber composites, and glass fiber composite material or glass fiber reinforced plastics. Modulus and strength of the reinforced fibers are much higher in comparison to normal matrix material, which makes PMCs a better load bearing component due to which the global polymer matrix composites market is expected to grow at a significant rate during the forecast period.
Polymer matrix composites (PMCs) have gained considerable interest mainly due to their low cost and higher specific strength and stiffness compared to conventional metallic alloys. In addition, PMCs offer greater design flexibility and superior resistance to corrosion and fatigue.
Based on Material Matrix, the Polymer Matrix Composites Market was examined across Thermoplastic Resins, Thermosetting Resins, and Thermoplastic Resins. The Thermoplastic Resins was further studied across Amorphous Thermoplastics, Polyether Ether Ketone, and Semicrystalline Thermoplastics. The Thermosetting Resins was further studied across Bismaleimides, Epoxy, Phenolic Resin, Polybenzimidazoles, Polyester Resins, Polyimides, and Vinyl Ester Resin. The Thermoplastic Resins was further studied across Amorphous Thermoplastics, Polyether Ether Ketone, and Semicrystalline Thermoplastics.
See Full Report@ https://www.coherentmarketinsights.com/ongoing-insight/polymer-matrix-composites-market-560
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