Press release
Advanced Composites Market Share, Size, Trends, Growth, Report 2023-2028
Advanced Composites Market
The global advanced composites market size reached US$ 34.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 61 Billion by 2028, exhibiting a growth rate (CAGR) of 10.2% during 2023-2028.
Get a Sample Copy of this Report: https://www.imarcgroup.com/advanced-composites-market/requestsample
Advanced composites are engineered materials made from two or more constituents with distinct physical and chemical properties. These materials are notable for their exceptional strength-to-weight ratio, surpassing traditional materials like steel and aluminum. The primary components are a matrix, usually a polymer resin, and a reinforcement, such as carbon or glass fibers. These composites are designed to provide enhanced properties like high tensile strength, stiffness, and resistance to temperature and corrosion. They are particularly advantageous in applications requiring lightweight materials with superior strength, such as in aerospace, automotive, and sports equipment industries.
Market Trends:
The global market is majorly driven by the expanding aerospace and defense industries where the demand for lightweight yet strong materials is paramount. Alongside, the automotive industry's shift towards lightweight materials for better fuel efficiency and reduced emissions is significantly contributing to the market growth. The burgeoning wind energy sector, with its need for durable and efficient turbine blades, also plays a crucial role in driving demand. The market further benefits from the rise in sports and leisure activities, where high-performance materials are increasingly sought after. Technological advancements in composite materials, leading to improved properties and new applications, are propelling the market forward. Additionally, the construction industry's growing adoption of advanced composites for both structural and aesthetic purposes is bolstering market growth.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/advanced-composites-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• Arkema S.A.
• BASF SE
• Hexcel Corporation
• Cytec Industries Inc.
• Koninklijke Ten Cate N.V.
• TPI Composites Inc.
• Toray Industries Inc.
• Mitsubishi Rayon Co. Ltd
• Teijin Limited.
• Hexion, SGL Carbon SE
• 3B-Fibreglass sprl
• Owens Corning Corporation
• Huntsman International, LLC
• Solvay S.A.
• Kemrock Industries and Exports Limited
• E. I. Du Pont Nemours & Co.
• Cristex Ltd
Advanced Composites Market Segmentation:
Our report has categorized the market based on region, resin type, type of fiber, manufacturing process and application.
Breakup by Resin Type:
• Advanced Thermosetting Composites
• Advanced Thermoplastic Composites
Breakup by Type of Fiber:
• Glass
• Carbon
• Aramid
Breakup by Manufacturing Process:
• Hand Layup/Spray Layup
• AFP and ATL
• Filament Winding
• Injection Molding
• Pultrusion
• Compression Molding
• RTM/VARTM
• Others
Breakup by Application:
• Aerospace and Aviation
• Automotive
• Energy
• Electronics
• Marine
• Others
Regional Insights:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe:- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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 Advanced Composites Market Share, Size, Trends, Growth, Report 2023-2028 here
News-ID: 3332919 • Views: …
More Releases from IMARC Group
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
Acetyltributyl Citrate Production Plant Cost Analysis Report 2025: Project Detai …
Establishing an acetyltributyl citrate plant will require a thorough market research, as well as a hard-granular understanding of various processes in the business such as unit operations, provision of raw materials, utilities, facility setup, equipment and technologies, human resources, logistics, and economics.
IMARC Group's report titled "Acetyltributyl Citrate Production Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for…
eSIM Market Size, Share, Growth And Trends Report 2025-2033
eSIM Market Overview:
The eSIM (embedded SIM) market is expanding rapidly as digital connectivity and IoT adoption reshape global communication technologies. Unlike traditional SIM cards, eSIMs are embedded directly into devices, enabling remote provisioning and seamless switching between network operators. This technology is gaining traction across smartphones, wearables, tablets, connected cars, industrial IoT, and smart home devices. The growing need for flexible, secure, and cost-efficient connectivity is driving market growth, along…
Packers and Movers Business Plan Startup Costs and Profit Margins in 2025 Explai …
Packers and Movers Business Plan & Project Report Overview
IMARC Group's "Packers and Movers Business Plan and Project Report 2025" offers a comprehensive framework for establishing a successful relocation and logistics services business. The critical areas, including market trends, investment opportunities, revenue models, and financial forecasts, are discussed in this in-depth report and are therefore useful resources to entrepreneurs, consultants and investors. Whether evaluating the viability of a new venture or…
More Releases for Advanced
Advanced Oxidation Technologies Market Size, Share 2021, Impressive Industry Gro …
The Advanced Oxidation Technologies Market is poised to take off in upcoming years hence showing a highly positive outlook through 2020-2028, according to a recently released report. Advanced Oxidation Technologies Market report covers industry chain analysis, latest market trends & dynamics along with cost profit analysis of major key players which focuses on expansion rate, prices, competition, size, prices, and value chain analysis of those leaders in the market.
The…
Medical Ceramics Market Analysis and Industry Forecast | Advanced Ceramics Resea …
Allied Market Research published a new report, titled, “Medical Ceramics Market by Type (Aluminum Oxide, Zirconia, and Carbon, Hydroxyapatite, Glass & Bioglass, Zirconia Alumina, Bioresorbable Ceramics, and Piezo Ceramics), by Application (Surgical Instruments, Diagnostic Equipment, Orthopedic Implants, Electronic Implants, Dental Implants, Disposables, and Packaging) – Global Opportunity Analysis and Industry Forecast, 2014 – 2022.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five…
Skincell Advanced Reviews – Does Skincell Advanced Really Work?
People want clear, blemish-free skin! However, most people have skin tags, moles, and warts. Some causes are known, while some blemishes are caused without any reason at all. When a regular skincare regimen fails, people turn to costly surgeries and medications. Cleansing and moisturizing might not work well for all. All skin types are not the same, and toners and skincare creams seldom give long-lasting benefits.
Get Skincell Advanced From Its…
Global Advanced Oxidation Technologies Market 2019- 2025 || A-Zone Technologies, …
Synopsis of the Advanced Oxidation Technologies Market:
Latest Report on Advanced Oxidation Technologies Market deliberates the effect of various Factors influencing the market growth and drivers. Its further sheds light on market overview, key manufacturers, strategic adopted by them, size, latest trends and types, revenue, gross margin with regional analysis and forecast to 2025.
Overview of the Advanced Oxidation Technologies Market Report:
Advanced Oxidation Technologies Market report includes knowledge about the market overview…
Global Advanced Materials Market - 3M Company, DowDuPont Inc, Hexcel Corporation …
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Advanced Materials Market - By Product type (Structural Material, Functional Material, Emerging Material) By End User (Building & Construction, Automotive, Aerospace, Defense, Marine, Electrical & Electronics, Healthcare, Oil & Gas and Energy, Others) & Global Region - Market Size, Trends, Share and Forecast 2018-2023” research report will include all the major trends and technologies that…
Global Advanced Materials Market: 3M Company, DowDuPont Inc, Hexcel Corporation, …
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Advanced Materials Market 2017: Market Size, Trends & Opportunity Outlook – Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business is going through. The…
