Press release
At 5.8% CAGR, High Performance Composites Market Size will reach 25.39 billion USD by 2026: Key players - Arkema SA, Albany International Corporation ,BASF SE, Teijin Ltd., Owens Corning Corporation, Hexcel Corporation, Solvay S.A., TPI Composites, Inc.
Global high performance composites market is expected to grow from USD 25.39 billion in 2017 to USD 42.18 billion by 2026, at a CAGR of 5.8% during the forecast period according to a study.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1695115/?utm_source=openpr.com&utm_medium=ADS
Increasing demand for high performance composites from a wide range of applications is expected to drive the market. Remarkable growth of the commercial aircraft manufacturing sector will boost product demand in the current industry scenario. Moreover, application of these composites in manufacturing of pressure vessels and wind turbines is yet another potential factor expected to drive the market in the next few years. However, the labor intensive requirements along with relatively high production cost are some of the restrains anticipated to effect demand of high performance composites in terms of volume especially in the price sensitive markets. Widespread application of these products in automobiles, which is a primary goal for the carbon fibre industry, is still in a stage where use of these products in motor vehicles is still the minimum.
The growing aerospace industry is the major factor driving this product demand owing to their versatility, perfect balance of mechanical properties and most importantly its low cost compared to other composite materials. The S-glass category, the least costly of all these is also anticipated to witness a significant growth in demand owing to significant opportunities in wind energy, aerospace and pressure vessels manufacturing industry. Commercial aircraft applications are the largest source of applications for these products. These composites have enabled to satisfy the requirement for meeting power and safety needs. Boron graphite materials were used mainly in defence aircrafts but currently these are used in commercial aircrafts also. Automobiles are the next big source of application of high performance composite materials. It helps in making the vehicles lighter, cleaner, safety and more cost effective. Carbon fibres is the most used composite material owing to its high potential for cutting down of vehicle weight.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global High Performance CompositesMarket, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Competitive Landscape and Key Vendors
The global industry of high performance composite manufacturing is fairly concentrated with less number of companies operating compared to its counterparts in the current industry scenario. North America was the leading regional market in 2017. The U.S. has been the major contributor to the regional demand for these products accounting for a major share of the overall market in terms of production and even consumption especially for the aerospace and defence industry. The construction and automobile industry are also potential end use markets.
Some of the leading industry participants include Arkema SA, Albany International Corporation ,BASF SE, Teijin Ltd., Owens Corning Corporation, Hexcel Corporation, Solvay S.A., TPI Composites, Inc. , Koninklijke Ten Cate BV, SLG Group ? the Carbon Company and Toray Industries Inc.
Key Segments Outlook
Product Type
High Performance Thermoplastic Composites
Polyester Ether Ketone
Polyphenylene Sulphide
High Performance Thermoset Composites
Epoxy
Polyester
Phenolics
Cyanate Esters
Fibre Type:
Aramid Fibre Composites
Fibre Composites
S-Glass Composites
Others
Application
Automotive
Defence & Aerospace
Construction
Medical
Others
Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. High performance composites Market Insights
3.1. High performance composites? Industry snapshot
3.2. High performance composites -Ecosystem analysis
3.3. High performance composites market dynamics
3.3.1. High performance composites? Market Forces
3.3.1.1. High performance composites Market driver analysis
3.3.1.2. High performance composites Market restraint/challenges analysis
3.3.1.3. High performance composites Market opportunity analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. High performance composites market PEST analysis, 2017
3.6. High performance composites market Value Chain analysis
3.7. High performance composites Industry trends
3.8. Competitive Ranking Analysis
4. High Performance Composites Market Size and Forecast by Product Type
4.1. Key Findings
4.2. High Performance Thermoplastic Composites
4.2.1. Global Market Estimates and Forecasts, 2017-2026
4.3. Polyether Ether Keton
4.3.1. Global Market Estimates and Forecasts, 2017-2026
4.4. Polyphenylene Sulfide
4.4.1. Global Market Estimates and Forecasts, 2017-2026
4.5. High Performance Thermoset Composites
4.5.1. Global Market Estimates and Forecasts, 2017-2026
4.6. Epoxy
4.6.1. Global Market Estimates and Forecasts, 2017-2026
4.7. Polyester
4.7.1. Global Market Estimates and Forecasts, 2017-2026
4.8. Phenolics
4.8.1. Global Market Estimates and Forecasts, 2017-2026
4.9. Cyanate Esters
4.9.1. Global Market Estimates and Forecasts, 2017-2026
5. High Performance Composites Market Size and Forecast by Fiber Type
5.1. Key Findings
5.2. Aramid Fiber Composites
5.2.1. Global Market Estimates and Forecasts, 2017-2026
5.3. Carbon Fiber Composites
5.3.1. Global Market Estimates and Forecasts, 2017-2026
5.4. S-Glass Composites
5.4.1. Global Market Estimates and Forecasts, 2017-2026
5.5. Others
5.5.1. Global Market Estimates and Forecasts, 2017-2026
6. High Performance Composites Market Size and Forecast by Application Type
6.1. Key Findings
6.2. Automotive
6.2.1. Global Market Estimates and Forecasts, 2017-2026
6.3. Defence and Aerospace
6.3.1. Global Market Estimates and Forecasts, 2017-2026
6.4. Construction
6.4.1. Global Market Estimates and Forecasts, 2017-2026
6.5. Medical
6.5.1. Global Market Estimates and Forecasts, 2017-2026
6.6. Others
6.6.1. Global Market Estimates and Forecasts, 2017-2026
7. High Performance Composites Market Size and Forecast by Regions
7.1. Key findings
7.2. North America
7.2.1. High performance composites market by product type, 2017 - 2026
7.2.2. High performance composites markets by fiber type, 2017 - 2026
7.2.3. High performance composites market by application type, 2017 - 2026
7.2.4. U.S.
7.2.4.1. High performance composites market by product type, 2017 - 2026
7.2.4.2. High performance composites market by fiber type, 2017 - 2026
7.2.4.3. High performance composites market by application type, 2017 - 2026
7.2.5. Canada
7.2.5.1. High performance composites market by product type, 2017 - 2026
7.2.5.2. High performance composites market by fiber type, 2017 - 2026
7.2.5.3. High performance composites market by application type, 2017 - 2026
7.3. Europe
Purchase Complete Report at: https://www.marketstudyreport.com/securecheckout/paymenta/1695115?msfpaycode=sumsf?utm_source=openpr.com&utm_medium=ADS
Related Report:
U.S. Midstream Oil & Gas Equipment Market, [By Product Type (Pipe, Gas Treating & Processing Equipment, Rail Tank Cars, Compressor, Pumps, Valves, Instrumentation Equipments, Storage Tanks, Other Equipments); By Application (Gas Processing Tanks, Pipelines, LPG Facilities, Crude by Rail and Others); By Regions]: Market size & Forecast, 2018 - 2026
The U.S. midstream oil & gas equipment market is anticipated to reach USD 983.73 billion by 2026 according to a new study.
Crude oil refinery industry in the U.S. has been gaining momentum rapidly since the low crude oil price era. By the end of 2017, the country hosted a total of 141 operating refineries with an overall crude distillation capacity of approximately 18.62 million barrels per calendar day and 19.80 million barrels per steam day. The refining capacity has increased 300,000 bpcd in 2017. Such increase in capacity and complexity in the country, demand for midstream equipments will increase significantly over the forecast period.
https://www.marketstudyreport.com/request-a-sample/1695229/?utm_source=openpr.com&utm_medium=ADS
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email:sales@marketstudyreport.com
Website:https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release At 5.8% CAGR, High Performance Composites Market Size will reach 25.39 billion USD by 2026: Key players - Arkema SA, Albany International Corporation ,BASF SE, Teijin Ltd., Owens Corning Corporation, Hexcel Corporation, Solvay S.A., TPI Composites, Inc. here
News-ID: 1672868 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Composites
Global Composites Core Materials Market Analysis 2020 3A Composites, BASF SE, Co …
The Composites Core Materials market study exhibits a comprehensive analysis of the historic, current, and future trends across the globe. The report comprises of definitions, classifications, product specifications, and market overview, manufacturing processes, cost structures, and raw material analysis. The Composites Core Materials market report provides the end-to-end analysis of this business vertical, and the detailed information about the industry, such as the market size, revenue, volume, market share, growth…
Worldwide Rail Composites Market 2023 Key Players – Able Manufacturing & Assem …
MarketStudyReport.com offers 2018 report on global Rail Composites market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2023.
This report focuses on the Rail Composites market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type…
Composites Testing Market – Overview On Upcoming Need 2025 | Matrix Composites …
Global Composites Testing Market: Snapshot
Composite testing is most commonly defined as the testing or analysis of composite materials. Composite and non-metallic materials, such as concrete, fiber-reinforced polymers, thermoplastic composites, shape memory polymer composites, high strain composites, metal matrix composites, ceramic matrix composites, sandwich-structured composite, and wood plastic composite, are becoming increasingly prevalent in various manufacturing applications. Since these materials are highly complex in structure, the need for their accurate and…
Construction Composites Market 2018 Global players Trex Company, Diversified Str …
Growing construction activities in the emerging countries due to massive government investments to improve public infrastructure will boost the construction composites market size by 2025. For instance, in India USD 2.4 billion project is currently in progress to build the Navi Mumbai International Airport that started in March 2015 and is expected to be completed till 2019. Similarly, UAE has been making considerable investment in constructing ports which was valued…
Composites in Oil and Gas Market - Global Industry Forecast 2024 : Creative Comp …
ResearchMoz presents professional and in-depth study of "Composites in Oil and Gas Market - Global Industry Analysis, Size, Share, Trends, and Forecast 2016 - 2024". This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
The oil & gas industry needs to meet certain technical, technological, and economic requirements. This is especially observed in materials employed in construction,…
Global Rail Composites Market Research Report 2018 | Applications Analysis and K …
Researchmoz added Most up-to-date research on "Global Rail Composites Market Research Report 2018" to its huge collection of research reports.
This report studies the global Rail Composites market status and forecast, categorizes the global Rail Composites market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and…
