Global Composites Market - Industry Trends and Forecast to 2027

Global Composites Market By Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites, Others), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process (Lay-Up Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Compression Molding Process, Resin Transfer Molding (RTM) Process, Others), End-Use Industry (Transportation, Aerospace & Defence, Wind Energy, Construction & Infrastructure, Pipe & Tank, Marine, Electrical & Electronics, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027

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Composites Market
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Market Analysis and Insights: Global Composites Market
Composites market will reach an estimated valuation of USD 165.44 billion by 2027, while registering this growth at a rate of 7.80% for the forecast period of 2020 to 2027. Composites market report analyses the growth due to factor such as surging usage of composites in commercial aircraft.

Increasing demand of lightweight materials and fuel efficient vehicles in transportation industry, rising usage of carbon fiber in wind blades, surging applications from construction and infrastructure appliances, increasing demand of glass fiber-reinforced composite pipes in sewage and water management are some of the factors which will enhance the growth of the composites market in the forecast period. On the other hand, rising applications from emerging economies, adoption of natural composites, less cost of carbon fiber and rising awareness due to strict government regulations will further create new opportunities for the growth of composites market in the above mentioned forecast period.

High manufacturing and processing cost, recycling issue and lack of standardisation will acts as a restraint factor for the growth of composites market in the above mentioned forecast period.

This composites market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on composites market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Global Composites Market Scope and Market Size
Composites market is segmented on the basis of fiber type, resin type, manufacturing process and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

On the basis of fiber type, composites market is segmented into glass fiber composites, carbon fiber composites, natural fiber composites, others. Others have been further segmented into basalt fiber composites, aramid fiber composites, boron fiber composites, hybrid fiber composites, ultra-high-molecular-weight polyethylene (UHMWPE) fiber composites and other fiber composites.
Based on resin type, composites market is segmented into thermoset composites and thermoplastic composites. Thermoset composites have been further segmented into epoxy resin, polyester resin, vinyl ester resin, polyurethane resin and others. Thermoplastic composites have been further segmented into polycarbonates (PC), polypropylene (PP), polyphenylene sulfide (PPS), polyetherimide (PEI), polyetheretherketone (PEEK), polyamide (PA) and others.
Based on manufacturing process, composites market is segmented into lay-up process, filament winding process, injection molding process, pultrusion process, compression molding process, resin transfer molding (RTM) process, others.
Composites market is segmented in terms of market value, volume, market opportunities and niches into multiple end-use industries. The end-use industry segment for composites market includes transportation, aerospace & defence, wind energy, construction & infrastructure, pipe & tank, marine, electrical & electronics, others. Others have been further segmented into industrial, healthcare and sporting goods.
Composites Market Country Level Analysis
Composites market is analysed and market size, volume information is provided by country, fiber type, resin type, manufacturing process and end-use industry as referenced above.

The countries covered in the composites market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the composites market due to the presence of manufacturers, and growing transportation, construction & infrastructure and wind energy industry.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Composites Market Share Analysis
Composites market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to composites market.

The major players

The major players covered in the composites market report are Toray Composite Materials America, Inc., TEIJIN LIMITED., Mitsubishi Chemical Holdings Corporation., Hexcel Corporation, SGL Carbon, Nippon Electric Glass Co.,Ltd., Koninklijke Ten Cate bv., Huntsman International LLC., Solvay, Hexion, Weyerhaeuser Company., Jushi Group (HK) Sinosia Composite Materials Co., Ltd., BASF SE, Gurit, DowAksa, Renegade Materials Corporation, KINECO - KAMAN, Henkel Corporation., UPM, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Composites Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.

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