Reinforcement Material Market

REINFORCEMENT MATERIAL MARKET
- Global Industry Insights, Trends, Outlook,
and Opportunity Analysis, 2016–2024
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REPORT DESCRIPTION
Reinforcement Material 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 nonprestressed 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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REPORT DESCRIPTION
Reinforcement Material Market Taxonomy
On the basis of material, the global market is segmented into:
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Carbon fiber
Glass fiber
Natural fiber
Aramid fiber
Steel rebar
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On the basis of end use industry, the global market is segmented into:
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Automotive
Aerospace
Consumer goods
Construction
Transportation
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REPORT DESCRIPTION
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. Natural fiber composites consisting of
thermoplastic and thermoset matrices are used for door panels, seat backs, headliners, package trays, dashboards,
and interior parts. Carbon fibers are made from organic precursors, including PAN (polyacrylonitrile), rayon, and
pitches and offer highest stiffness, and strength among all the reinforcement materials.
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REPORT DESCRIPTION
Reinforcement Material Market Outlook – Need for Robust materials
Expected to Boost Demand
Asia Pacific is one of the major contributors to the global reinforcement material market. Rapidly
flourishing urbanization and modern infrastructure coupled with increasing investments in high end for
products for defense sector in emerging economies such as India and China has boosted the growth of
reinforcement material in the region. According to IBEF, the Indian construction industry is associated with
many foreign investors such as Hines (USA), Emaar Properties (UAE), Veolia (France), Alstom (France),
Aqualyng AS (Norway), Ascendas (Singapore), Tishman Speyer (USA), The Trump Organization (USA),
Hydro-Comp Enterprises (Cyprus), GIZ (Germany). This will give rise to new opportunities for the
manufacturers in the reinforcement material market. India Brand Equity Foundation (IBEF) is a Trust
established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the
Government of India with the purpose of promoting and creating international awareness of goods
manufactured in India.
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Reinforcements are used in composite materials to enhance properties such as stiffness and strength.