Chicago, March 05, 2024 (GLOBE NEWSWIRE) — The Organosheet Market is projected to grow from USD 0.6 billion in 2023 to USD 1.0 billion by 2028, at a CAGR of 12.0% during the forecast period, as per the recent study by MarketsandMarkets™. Organosheet are natural polymeric materials that act as adhesives. They are of high molecular weight, biocompatible, biodegradable polymers, with natural content as ingredients. They offer notable performances in bonding and have potential applications in industrial as well as commercial high-tech applications.
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Browse in-depth TOC on “Organosheet Market”.
191 – Market Data Tables
60 – Figures
228 – Pages
List of Key Players in Organosheet Market:
Ensinger (Germany)
Toray Industries Inc. (Japan)
Johns Manville (US)
Haufler Composites (Germany)
SGL Carbon SE (Germany)
Profol GmbH (Germany)
Lanxess AG (Germany)
Porcher Industries (Germany)
Kingfa Science & Technology Co. Ltd. (China)
Mitsubishi Chemical Group Corporation (Japan)
Teijin Limited (Japan)
Avient Corporation (US)
Kordsa Teknik Tekstil A.S. (Turkiye)
BUFA(Germany)
SABIC (Saudi Arabia)
Drivers, Opportunities and Challenges in Organosheet Market
Drivers: High durability and fatigue resistance
Restraint: High processing and manufacturing costs
Opportunity: High demand for electric vehicles
Challenge: Developing low-cost technologies
Key Findings of the Study:
Based on the application, the transportation segment is estimated to account for the highest CAGR in the organosheet market share during the forecast period.
Based on fiber type, carbon fiber is anticipated to register the highest CAGR in the organosheet market.
Europe to hold the largest market share during the forecast period.
The rising demand for lightweight materials that are sustainable and recyclable from various end-use industries is expected to drive the organosheet market. The primary growth drivers for this market are the aerospace & defense, sporting goods, and transportation industries, as well as …