The Global Marine Composites Market is expected to reach US$ 5,668.5 million by 2025 at a CAGR of 6.18% during the forecast period. Increasing demand of marine composites in subsea applications is the major driving factor for the growth of marine composites market across the world. There has been a growing demand for leisure boats around the world in the coming years, which, in turn, ignites the demand for marine composites in the leisure boats industry. The prospects of the global recreational boating industry look promising, with opportunities in the inboard and stern drive, outboard, and sailboat. The marine composites market is anticipated to grow significantly in the future, owing to the tremendous growth of the tourism industry worldwide.
Global Marine Composites market is segregated on the basis of composite type as ceramic matrix composites, metal matrix composites, polymer matrix composites. Based on vessel type, the global Marine Composites market is segmented in cruise ship, power boats, sailboats, and others.
Global Marine Composites market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Marine Composites market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
SGL Group, Airborne, Hexion are among the major players in the global Marine Composites market share. 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 Marine Composites Market has been segmented as below:
Marine Composites Market, by Composite Type
Marine Composites Market, by Vessel Type
Marine Composites Market, By Region
The Report Covers:
Report Scope:
Global Marine 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 Marine Composites market share. Major industry players with significant revenue share include Zoltek Companies Inc., GMS Composites, Hexion, SGL Group etc.
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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
4.2.1. Flexibility designs of vessels
4.2.2. Increasing demand of high speed boats
4.3. Restraints
4.3.1. High cost of capital
4.3.2. Concern about recyclability
5. Marine Composites Market, By Composite Type
5.1. Key Points
5.2. Ceramic Matrix Composites
5.3. Metal Matrix Composites
5.4. Polymer Matrix Composites
6. Marine Composites Market, By Vessel Type
6.1. Key Points
6.2. Cruise Ship
6.3. Power Boats
6.4. Sailboats
6.5. Others
7. Competitive Landscape
7.1. Introduction
7.2. Recent Developments
7.2.1. Mergers &Acquisitions
7.2.2. New Product Developments
7.2.3. Portfolio/Production Capacity Expansions
7.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
7.2.5. Others
8. Company Profile
8.1. SGL Group
8.1.1. Company Overview
8.1.2. Product/Service Landscape
8.1.3. Financial Overview
8.1.4. Recent Developments
8.2. GMS Composites.
8.2.1. Company Overview
8.2.2. Product/Service Landscape
8.2.3. Financial Overview
8.2.4. Recent Developments
8.3. Airborne
8.3.1. Company Overview
8.3.2. Product/Service Landscape
8.3.3. Financial Overview
8.3.4. Recent Developments
8.4. Zoltek Companies, Inc.
8.4.1. Company Overview
8.4.2. Product/Service Landscape
8.4.3. Financial Overview
8.4.4. Recent Developments
8.5. GMS Composites
8.5.1. Company Overview
8.5.2. Product/Service Landscape
8.5.3. Financial Overview
8.5.4. Recent Developments
8.6. Gurit Holding
8.6.1. Company Overview
8.6.2. Product/Service Landscape
8.6.3. Financial Overview
8.6.4. Recent Developments
8.7. Teijin Limited
8.7.1. Company Overview
8.7.2. Product/Service Landscape
8.7.3. Financial Overview
8.7.4. Recent Developments
The Marine Composites Market has been segmented as below:
Marine Composites Market, by Composite Type
Marine Composites Market, by Vessel Type
Marine Composites Market, By Region
