Transportation Composites Market Detailed Analysis 2020-2025: Hexcel Corporation, Toray Industries Inc, Owens Corning, Gurit Holding AG, Solvay S.A, Mitsubishi Chemical Holdings Corporation, SGL Group and Others.

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The Global Transportation Composites Market size is projected to grow from USD 33.2 Billion in 2020 to USD 59.8 Billion by 2025, at a CAGR of 12.5% between 2020 and 2025. This report spread across 171 pages, profiling 10 companies and supported with 109 tables and 49 figures are now available in this research.

Top Companies Profiled in the Transportation Composites Market:
• Hexcel Corporation (US)
• Toray Industries, Inc. (Japan)
• Owens Corning (US)
• Gurit Holding AG (Switzerland)
• Solvay S.A. (Belgium)
• Mitsubishi Chemical Holdings Corporation (Japan)
• Teijin Limited (Japan)
• SGL Group (Germany)
• Royal DSM (Netherlands)
• Jushi Group Co., Ltd. (China)

“The resin transfer molding process holds the largest market share in the global transportation composites market in terms of value.”
Resin transfer molding is a vacuum-assisted resin transfer process that uses a flexible solid counter tool for surface compression. This process yields increased laminate compression, high fiber-to-resin ratio, and outstanding strength-to-weight characteristics. It is mainly used to mold components with large surface areas, complex shapes, and smooth finishes.

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“Interior application is expected to dominate the market in terms of value.”
The interior application is estimated to be the largest segment of the transportation composites market during the forecast period. The roadways sector is one of the major consumers of composites in the interior application, which is primarily driven by the usage of composites in cars. The growing demand for thermoplastic composites in aircraft components owing to their superior strength and low weight is driving the market in the interior application segment.

“Roadways is projected to be the fastest-growing transportation type in terms of value.”
Roadways is expected to be the fastest-growing transportation type. Composites are used in a variety of automotive applications, including cars, military vehicles, buses, commercial vehicles, and motorsports, that include Formula 1 and touring cars. They offer various benefits, such as non-corrosiveness, non-conductivity, flexibility, low maintenance, longevity, and design flexibility.

“Thermoplastic is expected to be the fastest-growing resin segment in terms of value.”
The main advantage of thermoplastic resins as matrix materials is that the composite formed can be reshaped and reformed, unlike thermoset resins. The composite formed is easily recyclable. Different types of thermoplastic resins are used as matrix materials in the formation of composites. Complex material shapes can be easily produced using thermoplastic composites.

Breakdown of primary participants’ profile:
• By Company Type- Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%
• By Designation- C Level- 50%, Director Level- 20%, and Others- 30%
• By Region- North America- 20%, Europe- 50%, APAC- 15%, Latin America-5%, MEA-10%,

Competitive Landscape of Transportation Composites Market:
1 Introduction
2 Competitive Leadership Mapping
2.1 Dynamic Differentiators
2.2 Innovators
2.3 Visionary Leaders
2.4 Emerging Companies
3 Strength Of Product Portfolio
4 Business Strategy Excellence
5 Market Ranking
6 Competitive Scenario
6.1 New Product Development
6.2 Partnership
6.3 Joint Venture And Merger & Acquisition
6.4 Expansion

Reason to access this report:
The report will help market leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall transportation composites market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

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