Press release
Composites Market was volume at 13.39 Million Tonnes in 2022. Global Composites Market Volume is estimated to grow at a CAGR of 3.67%
Composites Market
The Global Composites Market Report offers a comprehensive analysis of the composite materials industry, unraveling key market trends, future predictions, and pivotal market players. This insightful report delves into market segmentation based on fiber type and end-use industries, providing an in-depth analysis of each segment's performance, growth potential, and regional contributions.
The report's findings are grounded in robust research methodology, incorporating a blend of primary and secondary research sources. Rigorous data collection, analysis, and validation techniques ensure the accuracy and reliability of the presented insights, enabling stakeholders to make informed decisions.
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What are Composites Market Dynamics?
Composite materials have emerged as a game-changer across industries due to their superior strength, lightweight nature, and adaptability. The report highlights how the pursuit of lightweight products and components in sectors like automotive, defense, marine, and construction has accelerated the demand for composites. These materials aid in enhancing fuel efficiency, meeting environmental norms, and offering exceptional durability and resistivity. Despite these advantages, the initial cost of composites remains a challenge. However, ongoing research and development efforts aimed at cost-effective solutions are expected to fuel market growth.
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What is Composites Market Regional Insight?
In 2022, the Asia Pacific region dominated the global composites market, commanding a market share of 41%. Rising demands from sectors such as automotive, aerospace, defense, electrical and electronics, and construction in countries like China, Japan, and India drove this growth. On the other hand, North America is anticipated to witness significant growth, with a projected CAGR of 7.10%. The region's robust demand for composites in the automotive and aerospace industries, underscored by the prevalence of composite materials in new Airbus aircraft, showcases its potential for growth.
For more detailed insights, data, and analysis, including Porter's Five Forces and PESTEL analysis, refer to the complete Global Composites Market Report. The report equips industry stakeholders, decision-makers, and investors with a comprehensive understanding of market dynamics, competitive landscape, and growth opportunities.
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What is Composites Market Segmentation?
by Fiber Type
Glass Fiber Composites
Carbon Fiber Composites
Natural Fiber Composites
by Resin Type
Thermoset Composites
Thermoplastic Composites
by Manufacturing Process
Layup Process
Filament Winding Process
Injection Molding Process
Pultrusion Process
Compression Molding Process
Resin Transfer Molding Process
Others
by End-User Automotive & Transportation
Aerospace & Defense
Wind Energy
Electrical & Electronics
Construction & Infrastructure
Pipes & Tanks
Marine
Others
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Who are Composites Market Key Players?
1. Teijin Limited
2. Toray Industries
3. Owens Corning
4. PPG Industries
5. Huntsman Corporation
6. Hexcel Corporation
7. E. I. DuPont Nemours & Co.
8. Faurecia
9. Performance Composites Inc.
10. Enduro Composites
11. APPLIED POLERAMIC INC.
12. KINECO
13. Creative Composites Ltd.
14. HITCO Carbon Composites
15. Quadrant Group of Companies
16. BGF Industries
17. FACC AG
18. Premium Aerotec
19. Fokker Aerostructures
20. COTESA GmbH
21. Wethje Carbon Composites
22. VELLO NORDIC AS
23. Fiberdur GmbH & Co. KG
24. Akiet B.V.
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Table of content for the Composites Market includes:
1. Global Composites Market: Research Methodology
1. Global Composites Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Composites Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Composites Market Segmentation
• Global Market, by Fiber Type (2022-2029)
• Global Market, by Resin Type (2022-2029)
• Global Market, by Manufacturing Process (2022-2029)
• Global Market, by End-User (2022-2029)
5. Regional Composites Market(2021-2029)
• Regional Market, by Fiber Type (2022-2029)
• Regional Market, by Resin Type (2022-2029)
• Regional Market, by Manufacturing Process (2022-2029)
• Regional Market, by End-User (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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