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The Global Composite Materials Market is expected to grow by 2027 at a CAGR of 13.56%.
Composite materials are resources made up of leastwise two substances. Their combination formulates a new product with specific properties and at the same time the merging individual components retain their identities as well. Some of the commonly industrial composite materials are composite construction materials, reinforced plastics like FRPs, metal, and ceramic composites. It involves of one or more constituent materials with different chemical or physical properties. They syndicate together to produce different materials with mixed characteristics from individual components. This new material form is distinct in distinguishing and is lighter, cost effective, and stronger than normal materials. Recently, researchers actively combined computation, sensing, communication, and actuation in this material, which is known as Robotic Materials. Rising popularity and acceptance of fiber-reinforced polymer composites in various industries including construction, marine and wind energy due to low maintenance costs and high durability is predicted to propel the market demand for composite materials over the resulting few years.
The global Composite Materials market is segregated on the basis of Application & Components as Interior, Exterior, Structural, Powertrain, and Other Applications. Based on Material & Vehicle Type the global Composite Materials market is segmented in Ceramic Matrix Composite, Metal Matrix Composite, and Polymer Matrix Composites. Based on Manufacturing Process the global Composite Materials market is segmented in Injection Molding Process, Pultrusion Process, Vacuum Infusion, Lay-Up Process, Compression Molding Process, Resin Transfer Molding Process, Filament Winding Process, and Other Processes.
The global Composite Materials market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Composite Materials market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Johns Manville, Mitsubishi Rayon Co. Ltd, Owens Corning, Johnson Controls Inc, Jushi Group Co. Ltd, Toray Industries, Inc, Cytec Industries Inc, SGL Carbon SE, Teijin Ltd, Koninklijke Ten Cate NV, and others are among the major players in the global Composite Materials market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Composite Materials Market has been segmented as below:
Composite Materials Market, By Application & Components
Composite Materials Market, By Material & Vehicle Type
Composite Materials Market, By Manufacturing Process
Composite Materials Market, By Region
Composite Materials Market, By Company
The report covers:
Report Scope:
The global Composite Materials market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Composite Materials market share. Major industry players with significant revenue share include Johns Manville, Mitsubishi Rayon Co. Ltd, Owens Corning, Johnson Controls Inc, Jushi Group Co. Ltd, Toray Industries, Inc, Cytec Industries Inc, SGL Carbon SE, Teijin Ltd, Koninklijke Ten Cate NV, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Composite Materials Market, By Application & Components
5.1 Introduction
5.2 Interior
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Exterior
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Structural
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Powertrain
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Other Applications
5.6.1 Market Overview
5.6.2 Market Size and Forecast
6. Composite Materials Market, By Material & Vehicle Type
6.1 Introduction
6.2 Ceramic Matrix Composite
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Metal Matrix Composite
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Polymer Matrix Composites
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Composite Materials Market, By Manufacturing Process
7.1 Introduction
7.2 Injection Molding Process
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Pultrusion Process
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Vacuum Infusion
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Lay-Up Process
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Compression Molding Process
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Resin Transfer Molding Process
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Filament Winding Process
7.8.1 Market Overview
7.8.2 Market Size and Forecast
7.9 Other Processes
7.9.1 Market Overview
7.9.2 Market Size and Forecast
8. Composite Materials Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Composite Materials, By Application & Components
8.2.2 North America Composite Materials, By Material & Vehicle Type
8.2.3 North America Composite Materials, By Manufacturing Process
8.3 Europe
8.3.1 Europe Composite Materials, By Application & Components
8.3.2 Europe Composite Materials, By Material & Vehicle Type
8.3.3 Europe Composite Materials, By Manufacturing Process
8.4 Asia-Pacific
8.4.1 Asia-Pacific Composite Materials, By Application & Components
8.4.2 Asia-Pacific Composite Materials, By Material & Vehicle Type
8.4.3 Asia-Pacific Composite Materials, By Manufacturing Process
8.5 Rest of the World
8.5.1 Rest of the World Composite Materials, By Application & Components
8.5.2 Rest of the World Composite Materials, By Material & Vehicle Type
8.5.3 Rest of the World Composite Materials, By Manufacturing Process
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Johns Manville
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Mitsubishi Rayon Co. Ltd
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Owens Corning
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Johnson Controls Inc
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Jushi Group Co. Ltd
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Toray Industries, Inc
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Cytec Industries Inc
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 SGL Carbon SE
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Teijin Ltd
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Koninklijke Ten Cate NV
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Composite Materials Market has been segmented as below:
Composite Materials Market, By Application & Components
Composite Materials Market, By Material & Vehicle Type
Composite Materials Market, By Manufacturing Process
Composite Materials Market, By Region
Composite Materials Market, By Company