Press release
Hybrid Fabrics Market size is projected to reach $418.0 million by 2027, growing at a CAGR of 9.0% from 2020 to 2027
According to a new report published by Report Ocean, titled, “Hybrid Fabrics Market by Fiber Type and Application: Opportunity Analysis and Industry Forecast, 2020–2027”, The global hybrid fabrics market size was valued at $213.4 million in 2019, and is projected to reach $418.0 million by 2027, growing at a CAGR of 9.0% from 2020 to 2027.GET SAMPLE PAGES @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR1285
Hybrid fabrics is multilayer laminate that consists of more than one type of structural fiber. Implementation of lightweight hybrid fabrics for aircraft and vehicles is expected to gain traction in the forecast timeframe. The light weight of hybrid fabrics aids in improving the fuel efficiency for vehicle. The hybrid fabrics consist of multiple fabrics including carbon/glass, glass/aramid, and carbon/aramid. The selection of hybrid fabrics solely depends on the specific application, such as for aerospace & defense, carbon/aramid fabrics are preferred for high temperature applications.
Growth in emphasis of lightweight structure in various application segments, including aerospace, is expected to fuel the market demand for hybrid fabrics. For instance, using glass fiber/aramid hybrid fabrics, the fuel efficiency and demand for increased speeds can be achieved for recreational power and sailboats. However, due to high cost, some of the hybrid fabrics such as aramid and carbon hybrid is preferred for limited applications.
Based on fiber type, glass/carbon emerged as the market leader, owing to low cost of such hybrid fabrics compared to others. The application of glass fiber in hybrid fabrics reduces the overall cost of the material. In addition, the tensile strain and compressive strain of such fabrics are higher than that of carbon/epoxy hybrid; thus, enhancing the market demand for bulk applications.
Based on application, the automotive segment accounted for a significant revenue share in 2019, owing to growing application of lightweight hybrid fabrics in commercial vehicles and private cars, which is expected to propel the hybrid fabrics market growth.
Europe accounted for a significant hybrid fabrics market share. This can be attributed to the increasing number of automotive exports from countries such as Germany and Spain. For instance, more than 77% of cars produced in Germany are exported across the globe. Furthermore, growth in demand from aerospace industries, such as Airbus, Diehl Aviation, and Liebherr Aerospace, is expected to proliferate the market growth in projected timeframe.
Major players have adopted product launch, collaboration, and acquisition to sustain the intense market competition. The key players profiled in the report include DSM, Solvay SA, SGL Group, Kordcarbon, a.s., Gurit Holding AG, Isomatex, Textum inc., and BGF Industries, Inc.
Key Findings Of The Study
Others hybrid fabrics are projected to grow at the highest CAGR of approximately 16.8%, in terms of revenue, during the forecast period.
By application, the automotive segment is anticipated to grow with a CAGR of 10.8%, in terms of revenue, during the forecast period.
The Europe dominated the market with around 36% revenue shares in 2019
READ FULL REPORT @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR1285
Get in Touch with Us:
Report Ocean
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, IIIinois 60611 – UNITED STATES
Tel: +1 888 212 3539 (US – TOLL FREE)
Website: https://www.reportocean.com/
We are the best market research reports provider in the industry. Report Ocean believe in providing the quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is “one-stop solution” for individuals, organizations, and industries that are looking for innovative market research reports.
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 Hybrid Fabrics Market size is projected to reach $418.0 million by 2027, growing at a CAGR of 9.0% from 2020 to 2027 here
News-ID: 2246913 • Views: …
More Releases from Report Ocean

Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques fo …
The Japan Internet Advertising Market has demonstrated remarkable growth, reaching a valuation of USD 29.49 Billion in 2021. With the digital landscape continually evolving, it is forecasted to soar to an impressive USD 112.04 Billion by 2027. This surge represents an anticipated compound annual growth rate (CAGR) of 24.9% over the projected period, highlighting the dynamic and rapidly expanding nature of the digital advertising sector in Japan.
Internet Advertising are set…

Location Analytics Market Through the Looking Glass Techniques for a Profound Un …
This comprehensive market research report offers an in-depth analysis of the global location analytics market from 2019 to 2026. Valued at USD 10,813.6 million in 2019, the market is forecasted to surge to USD 29,878.5 million by 2026, demonstrating a robust Compound Annual Growth Rate (CAGR) of 15.6% throughout the projection period. This report delves into the key drivers, restraints, opportunities, and challenges that are shaping the market, providing stakeholders…

Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Obser …
The Global Affiliate Marketing Platform Market, valued at USD 19,217.4 million in 2021, is projected to witness significant growth over the next decade, reaching an estimated value of USD 36,902.1 million by 2030.
This report provides an in-depth analysis of the market dynamics, growth drivers, challenges, and opportunities that will influence the affiliate marketing landscape over the forecast period of 2021-2030. With a Compound Annual Growth Rate (CAGR) of 7.7%,…

Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
The global clear brine fluids market was valued at US$ 0.95 billion in 2021. It is anticipated to experience growth, reaching a valuation of US$ 1.39 billion by 2030. This growth trajectory translates to a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2022 to 2030. Clear brine fluids, crucial in the oil and gas industry for drilling and completion processes, are poised for increased demand,…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…