Press release
Composites Market to Observe Strong Development by 2031 | Hexcel Corporation, SGL Group, Nippon Electric Glass Co. Ltd., Huntsman International LLC.
New York, According to a new market research report published by Global Insight Services Composites Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Composites are materials that are made up of two or more different substances. The substances are combined in such a way that they create a new material with different properties than the original materials. Composites are often used in applications where the new material has improved strength, stiffness, or durability.
View Detailed Report Description : https://www.globalinsightservices.com/reports/composites-market
Key Trends
Composite materials are becoming increasingly popular in a number of industries due to their unique properties and potential advantages over traditional materials. Some of the key trends in composites technology include:
Increased use of composite materials in the aerospace industry: Composite materials are increasingly being used in the aerospace industry due to their high strength-to-weight ratio and resistance to fatigue and corrosion.
Increased use of composite materials in the automotive industry: Composite materials are also being used more frequently in the automotive industry for applications such as body panels, structural components, and exhaust systems.
Development of new composite materials: There is a continuous effort to develop new composite materials with improved properties for specific applications. For example, carbon fiber reinforced plastic (CFRP) is being developed for use in aircraft structures due to its high strength and stiffness.
Improved manufacturing methods: Various manufacturing methods are being developed and improved to better suit the production of composite materials. These methods include filament winding, pultrusion, and resin transfer molding (RTM).
Request Sample Report : https://www.globalinsightservices.com/request-sample/GIS20306
Key Drivers
The key drivers of the composites market are high strength-to-weight ratio, low weight, corrosion resistance, and thermal stability. Composites are widely used in the aerospace, automotive, and construction industries because of these properties.
The aerospace industry is the largest user of composites, accounting for more than 50% of the total composites market. The use of composites in aircrafts helps to reduce fuel consumption and emissions.
Get a 50% Off on Purchase of this Report Use Code (GIS2022SUP50) : https://www.globalinsightservices.com/checkout/single_user/GIS20306
Market Segments
By Fiber Type
Glass Fiber Composites
Carbon Fiber Composites
Natural Fiber Composites
Other Fiber Composites
By Resin Type
Thermoset Composites
Thermoplastic Composites
Key Players
Owens Corning
Toray Industries Inc.
Teijin Limited
Mitsubishi Chemical Holdings Corporation
Hexcel Corporation
SGL Group
Nippon Electric Glass Co. Ltd.
Huntsman International LLC.
Solvay
Request For Customization : https://www.globalinsightservices.com/request-customization/GIS20306
Reasons to buy Composites Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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 Composites Market to Observe Strong Development by 2031 | Hexcel Corporation, SGL Group, Nippon Electric Glass Co. Ltd., Huntsman International LLC. here
News-ID: 2867837 • Views: …
More Releases from Global Insight Services

Smart Furniture Market to Hit $6.9 Billion by 2034, Growing at 9.3% CAGR | Key P …
Market Overview
Smart Furniture Market is rapidly reshaping modern living and workspace environments by merging technology with design to enhance functionality, convenience, and aesthetics. Valued at $3.1 billion in 2024 and projected to reach $6.9 billion by 2034, the market is anticipated to grow at a CAGR of 9.3%. Smart furniture integrates advanced technologies such as IoT, voice control, wireless charging, and embedded sensors, offering users enhanced comfort and interconnectivity. This…

Robotics as a Service Market to Reach $8.9 Billion by 2034, Exhibiting 13.1% CAG …
Market Overview
Robotics as a Service Market is transforming the global automation landscape by offering a subscription-based approach to robotics deployment. Valued at $2.6 billion in 2024 and projected to reach $8.9 billion by 2034, the market is expected to expand at a strong CAGR of 13.1%. This growth is driven by increasing demand for automation across industries such as manufacturing, healthcare, logistics, and retail. The Robotics as a Service Market…

DNA Vaccine Market Expected to Expand From $850.7 Million in 2024 to $1,574.6 Mi …
The DNA vaccine market is emerging as a transformative sector in biotechnology, offering innovative solutions for infectious diseases, cancer, and other medical conditions. DNA vaccines operate by introducing genetically engineered DNA sequences into host cells, stimulating the immune system to produce specific antigens. This approach not only enables rapid vaccine development but also allows for customization and targeted immune responses. Over the years, advancements in genetic engineering, immunology, and vaccine…

Glycobiology Market Projected to Reach $10.9 Billion by 2034, Growing at 14.6% C …
The Glycobiology Market is experiencing remarkable growth, driven by the increasing importance of glycan research in understanding complex biological systems. Glycobiology, the study of carbohydrates and their role in biological processes, has become a cornerstone in drug development, diagnostics, and biotechnology. With advancements in glycomics research, the market has seen a surge in demand for enzymes, analytical tools, and reagents, all essential for glycan profiling and synthesis. The growing recognition…
More Releases for Composite
Composite Rebar Market
The "Composite Rebar Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Composite Rebar Market, 2024-2031
Verified Market Research's most recent report, "Composite Rebar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Construction Composite Market: Building for the Future with Advanced Composite M …
Coherent Market Insights added the statistic report, titled "Construction Composite Market Recent Trends, In-depth Analysis, Size and Forecast 2023-2030". The Construction Composite report includes an overview of the competitive landscape, geographic segmentation, innovation, and future developments, as well as a collection of tables and data. An examination of the competitive landscape reveals information about each vendor, including company profile, total revenue (financials), market potential, global presence, revenue, market share, pricing,…
Composite Core Mastery: Unleashing the Potential of Advanced Core Materials in C …
Core Material for Composites Market 2023 Forecast: Unveiling Opportunities and Growth
Core Material for Composites Market research report helps to recognize the market challenges and opportunities. Global Core Material for Composites Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of…
Composite Resin
According to a new market research report published by Global Insight Services "Composite Resin Market" is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Download Sample of Report : https://www.globalinsightservices.com/request-sample/GIS20852
Composite resin…
Assured Composite® Presents the Best of Composite Decking
Assured Composite® ensures customer happiness by providing high-quality wood plastic composite decking, to consumers across the United Kingdom and beyond.
Leicestershire, England - UK | January 25, 2022 -- Customer satisfaction is ensured by Assured Composite®, which provides high-quality wood plastic composite decking, to customers in the United Kingdom and beyond. Because of their forward-thinking staff's attention to efficiency, quality, and customer service, customers can anticipate a hassle-free end-to-end solution at…
Global Wind Turbine Composite Materials Market, Global Wind Turbine Composite Ma …
The wind turbine composite material forms an important component of wind turbine for the production of turbine rotor blade. This composite material is made up of matrix & fiber to provide physical strength and distributes loads in composite. The matrix material acts as a binder and maintains spacing of the fiber material, therefore protecting the fiber from environmental & abrasion damage. The composite material manufactured from the fortification of matrix…