Press release
High-Performance Composites Market Trends, Statistics By Top Manufacturers | Toray Industries, Inc, SGL Carbon, TPI Composites, Solvay
Fiber and resin are the two separate components that makeup composites. The novel substance, which differs from fiber and resin in terms of qualities, is distinguished by great strength and stiffness as well as low weight. These characteristics have boosted demand for the material in a range of industries, including aerospace, military, and automobiles. In high-performance polymer composites for aeronautical and astronautical applications, epoxy resin is commonly employed as the matrix. Carbon fiber (CF) is often used to reinforce epoxy matrices since it is one of the stiffest and strongest fiber reinforcements available.Get a Sample PDF Copy of the Report:
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**Note: Version 2023 has been updated.
What does this report offer?
Market size (historical and future), market growth, technical trends, market share, market dynamics, competitive landscape, and key players are all factors to consider.
What size is the High-Performance Composites Market:
Global High-Performance Composites Market growing at a CAGR of 6.4%, and it is expected to reach USD 51.74 billion by 2029, over the forecast period 2023-2029.
LATEST TREND
Growing Demand for Lightweight Materials
The market for high performance composites is predicted to grow in response to rising demand for lightweight materials. Automobiles with lower kerb weights are more efficient, resulting in lower fossil fuel use. As a result, environmental agencies such as the Environmental Protection Agency (EPA) have supported the usage of such materials in order to maintain ecological balance.
DRIVING FACTORS
Increasing Demand for Glass and Carbon Fiber-Reinforced Polymers
The expanding usage of high-performance composites in wind turbine blades will help boost the sector. The rapidly expanding demand from a variety of end-use applications is driving the market for high-performance composites.
RESTRAINTS
Fluctuating Prices of Raw Materials in Generating High Performance Composites
Plastics, metal sheets, and plating material are among the basic materials required to manufacture high performance composites. The plating materials used are mainly noble metals, whose value changes in the market.
Who are the key industry players?
Toray Industries, Inc, SGL Carbon, TPI Composites, Solvay, Hexcel Corporation., Owens Corning, Teijin Limited, BASF SE, Arkema, AGY, Huntsman International LLC, Plasan Carbon Composites., Momentive, Formosa Korea, Mitsubishi Chemical Corporation., 3M, Moveero., Crawford Composites, LLC, kinecogroup, SABIC, DuPont, and others.
Recent Developments:
Oct 2021, Toray Industries, Inc. has announced that the Toraysee Anti-Fog Cloth for Eyeglasses will be available in Japan starting in mid-October.
January 2022, Toray Industries, Inc. has developed a printing process that uses high-performance semi-conductive carbon nanotube composites to produce semiconductor circuits on flexible sheets.
November 2021, Hexcel Corporation and Fairmat, a deep technology company, have established a partnership to develop the capability to recycle carbon fiber prepreg from Hexcel European plants for use in commercial composite panels.
What precisely is market segmentation?
High-Performance Composites Market by Resin Type, 2023-2029, (USD Billion), (Kilotons)
Thermoset Resins
Thermoplastic Resins
High-Performance Composites Market by Fiber Type, 2023-2029, (USD Billion), (Kilotons)
Carbon Fiber Composites
S-Glass Composites
Aramid Fiber Composites
Others
High-Performance Composites Market by Application, 2023-2029, (USD Billion), (Kilotons)
Aerospace & Defense
Automotive
Pressure Vessel
Wind Turbine
Medical
Construction
Others
High-Performance Composites Keyword Analysis by Regions - Global Version
North America (the United States, Canada, and Mexico)
- Europe (Germany, France, the United Kingdom, the Netherlands, Italy, the Nordic countries, Spain, Switzerland, and the remainder of Europe)
- Asia-Pacific (including China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the rest of APAC)
- South America (Brazil, Argentina, Chile, Colombia, and the remaining countries, among others)
- the Middle East and Africa (Saudi Arabia, UAE, Israel, Egypt, Turkey, Nigeria, South Africa, and the rest of the MEA)
This report contains detailed quantitative assessments of the High-Performance Composites market as well as recommendations for building strategies to assist market success and growth.
Table of Content:
1 Study Reporting
1.1 High-Performance Composites Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global High-Performance Composites Market Size Growth Rate by Type
1.5 Market by Application
2 Executive Instantaneous
2.1 Global High-Performance Composites Market Size
2.1.1 Global High-Performance Composites Revenue
2.1.2 Global High-Performance Composites Production
2.2 High-Performance Composites Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key High-Performance Composites Manufacturers
2.3.2.1 High-Performance Composites Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers «Keyword» Product Offered
2.3.2.3 Date of Manufacturers Enter into High-Performance Composites Market
2.4 Key Trends for High-Performance Composites Markets & Products
3 Market Size by Manufacturers
3.1 High-Performance Composites Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans
4 High-Performance Composites Production by Regions
4.1 Global High-Performance Composites Production by Regions
4.1.1 Global High-Performance Composites Production Market Share by Regions
4.1.2 Global High-Performance Composites Revenue Market Share by Regions
4.2 United States
4.2.1 United States High-Performance Composites Production
4.2.2 United States High-Performance Composites Revenue
4.2.3 Key Players in United States
4.2.4 United States High-Performance Composites Import & Export
4.3 Europe
4.3.1 Europe High-Performance Composites Production
4.3.2 Europe High-Performance Composites Revenue
5 High-Performance Composites Consumption by Regions
5.1 Global High-Performance Composites Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country
6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type
7 Market Size by Application
7.1 Overview
7.2 Global High-Performance Composites Breakdown Dada by Application
7.2.1 Global High-Performance Composites Consumption by Application
7.2.2 Global High-Performance Composites Consumption Market Share by Application
8 Manufacturers Profiles
9 Production Forecasts
9.1 High-Performance Composites Production and Revenue Forecast
9.1.1 Global High-Performance Composites Production Forecast
9.1.2 Global High-Performance Composites Revenue Forecast
9.2 High-Performance Composites Production and Revenue Forecast by Regions
9.2.1 Global High-Performance Composites Revenue Forecast by Regions
9.2.2 Global High-Performance Composites Production Forecast by Regions
9.3 High-Performance Composites Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global High-Performance Composites Production Forecast by Type
9.4.2 Global High-Performance Composites Revenue Forecast by Type
10 Consumption Forecast
10.1 High-Performance Composites Consumption Forecast by Application
10.2 High-Performance Composites Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America High-Performance Composites Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe High-Performance Composites Consumption Forecast by Regions 2018-2025
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific High-Performance Composites Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America High-Performance Composites Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa High-Performance Composites Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 High-Performance Composites Sales Channels
11.2.2 High-Performance Composites Distributors
11.3 High-Performance Composites Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators
13 Key Findings in the Global High-Performance Composites Study
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
Continue….
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The study of the effects of the Russia-Ukraine War and COVID-19 on High-Performance Composites industry will be added to the final report.
The market for High-Performance Composites has been thoroughly researched for this research report using both primary and secondary sources. Along with a competitive analysis of the market, segmented by application, type, and geographical trends, it offers a comprehensive overview of the market's present and future goals. Additionally, a dashboard analysis of the previous and current performance of top organizations is provided. To ensure accurate and thorough information about the High-Performance Composites Market, a range of approaches and analysis are utilized in the study.
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