The Composites Market is expected to be around US$ 162.38 Billion by 2027 at a CAGR of 8.06% in the given forecast period.
Two or more module having different physiochemical properties, when collective results into a new material having features different from their parent section materials. The materials thus formed are called composites. These materials happen naturally or can be engineered. Some naturally occurring composites are cellulose,wood, collagen and others; whereas cermet,concrete and others can be fabricated manually. Composites are known for variation of properties such as brilliant impact strength, better resistance to chemicals and high electrical and thermal insulation.The market is majorly driven by growing demand for lightweight materials in many industries such as transportation andautomotive, wind energy, and aerospace and Defense. Growing demand for composites in the automotive industry is expected to boost the market development over the forecast period. Increasing fuel prices have triggered the requirement for fuel-efficient vehicles. Composites are most widely used as the replacement for wood, aluminiumand steel on account of their higher strength to weight ratio.
The global Composites market is segregated on the basis of Product Outlook as Carbon Fiber, Glass Fiber, and Others. Based on Resin Outlook the global Composites market is segmented in Thermosetting, Thermoplastic, and Others. Based on Manufacturing Process Outlook the global Composites market is segmented in Layup Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Compression Molding Process, Resin Transfer Molding Process, and Others.
Based on End-use Outlook, the global Composites market is segmented in Automotive & Transportation, Aerospace & Defense, Electrical & Electronics, Wind Energy, Construction & Infrastructure, Pipes & Tanks, Marine, and Others.
The global Composites market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Composites 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
Teijin Ltd, Toray Industries, Inc., Owens Corning, PPG Industries, Inc., Huntsman Corporation LLC, SGL Group, Hexcel Corporation, DuPont, Compagnie de Saint-Gobain S.A, Weyerhaeuser Company, Momentive Performance Materials, Inc., Cytec Industries (Solvay. S.A.), Jushi Group Co., Ltd., and others are among the major players in the global Composites 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 Composites Market has been segmented as below:
Composites Market, By Product Outlook
Composites Market, By Resin Outlook
Composites Market, By Manufacturing Process Outlook
Composites Market, By End-user Outlook
Composites Market, By Region
Composites Market, By Company
The report covers:
Report Scope:
The global Composites 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 Composites market share. Major industry players with significant revenue share include Teijin Ltd, Toray Industries, Inc., Owens Corning, PPG Industries, Inc., Huntsman Corporation LLC, SGL Group, Hexcel Corporation, DuPont, Compagnie de Saint-Gobain S.A, Weyerhaeuser Company, Momentive Performance Materials, Inc., Cytec Industries (Solvay. S.A.), Jushi Group Co., Ltd., and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Composites Market, By Product Outlook
5.1. Key Points
5.2. Carbon Fiber
5.3. Glass Fiber
5.4. Others
6. Composites Market, By Resin Outlook
6.1. Key Points
6.2. Thermosetting
6.3. Thermoplastic
6.4. Others
7. Composites Market, Manufacturing Process Outlook
7.1. Key Points
7.2. Layup Process
7.3. Filament Winding Process
7.4. Injection Molding Process
7.5. Pultrusion Process
7.6. Compression Molding Process
7.7. Resin Transfer Molding Process
7.8. Others
8. Composites Market, By End-use Outlook
8.1. Automotive & Transportation
8.2. Aerospace & Defense
8.3. Electrical & Electronics
8.4. Wind Energy
8.5. Construction & Infrastructure
8.6. Pipes & Tanks
8.7. Marine
8.8. Others
9. Competitive Landscape
9.1. Introduction
9.2. Recent Developments
9.2.1. Mergers & Acquisitions
9.2.2. New Product Developments
9.2.3. Portfolio/Production Capacity Expansions
9.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.2.5. Others
10. Company Profiles
10.1 Teijin Ltd
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Toray Industries, Inc.
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 PPG Industries, Inc.
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Huntsman Corporation LLC
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 SGL Group
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Hexcel Corporation
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 DuPont
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Compagnie de Saint-Gobain S.A
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.9 Weyerhaeuser Company
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Momentive Performance Materials, Inc.
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
10.11 Cytec Industries (Solvay. S.A.)
11.11.1 Company Overview
10.11.2 Product/Service Landscape
10.11.3 Financial Overview
10.11.4 Recent Developments
10.12 Jushi Group Co., Ltd.
10.12.1 Company Overview
10.12.2 Product/Service Landscape
10.12.3 Financial Overview
10.12.4 Recent Developments
The Composites Market has been segmented as below:
Composites Market, By Product Outlook
Composites Market, By Resin Outlook
Composites Market, By Manufacturing Process Outlook
Composites Market, By End-user Outlook
Composites Market, By Region
Composites Market, By Company
