Fillers Market in the Composites Industry is Forecasted to Reach USD 1.7 Billion in 2026, Says Stratview Research

The global Fillers Market in the Composites Industry is projected to witness a growth rate of 5.6% annually from 2021 to 2026, with an anticipated size of USD 1.7 billion in 2026, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Fillers Market in the Composites Industry which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/1050/Fillers-market-in-the-composites-industry.html#form

Report Highlights: `
Market Size in 2026: USD 1.7 billion
Growth (CAGR): 5.6% during 2021-2026
Forecast Period: 2021-2026
Trend Period: 2016-2026
Base Year: 2020
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Fillers Market in the Composites Industry:
The global Fillers Market in the Composites Industry is segmented by filler type, process end-use industry type, & Region

Based on the filler type: The market is segmented into calcium carbonate, ATH, sand, talc, clay, microsphere, and others. Calcium carbonate is estimated to remain the dominant filler type during the forecast period in terms of volume. Calcium carbonate is widely used as fillers in the fabrication of composite parts for a multitude of markets including transportation, building & construction, and consumer goods, owing to its low cost and modest mechanical properties. ATH holds the second-leading position in the market in terms of volume. ATH is widely used in the electricals & electronics and transportation industries due to its excellent flame-retardant property.

Based on the end-use industry type: The market is segmented into transportation, electricals & electronics, building & construction, pipes & tanks, consumer goods, marine, and others. The transportation industry is expected to maintain its lead in the market over the next five years. Over the eons, automakers, tier players, and composite material suppliers have jointly worked together in order to increase the penetration of composite materials at a competitive cost. In order to reduce the cost, part fabricators are extensively incorporating low-cost fillers, such as calcium carbonate and talc, whereas fillers, such as alumina trihydrate (ATH) and titanium dioxide, are used to impart flame retardancy and UV-resistant property, respectively. The incessantly increasing penetration of composite materials in the transportation industry is reinforcing the demand for fillers in the coming years.

To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/1050/Fillers-market-in-the-composites-industry.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to comfortably maintain its leading position in the market during the forecast period. This growth outlook is majorly attributed to the following-
• China, Japan, India, and South Korea collectively hold more than 47% share of the global automotive production.
• The region also holds the dominant position in consumer goods, composite pipes & tanks, and electricals & electronics, leading to a huge demand for composite materials as well as fillers for those applications.
• Significant economic growth, huge consumer base, growing disposable income of consumers, and changing buying patterns are expected to further consolidate the Asia-Pacific's position in the global market.

Fillers Market in the Composites Industry Drivers:
The growth of the Fillers Market in the Composites Industry is driven by several factors.
• A strong market recovery is anticipated from 2021 onwards, driven by a revival in transportation, a rebound in construction activities, and rising crude oil prices. These trends are expected to fuel the demand for composite materials, thereby boosting the fillers market.
• Increased adoption of composite materials across various industries, spurred by the need for lightweight, corrosion-resistant, aesthetically appealing, and environmentally friendly solutions, will continue to propel the demand for fillers in the coming years.

Top 10 Companies in the Fillers Market in the Composites Industry:
Stratview Research has identified the following companies as the top market players:
• Imerys S.A.
• Huber Engineered Materials
• Almatis Gmbh
• Omya
• Mineral Technologies Inc.
• The 3M Company
• Sibelco
• Evonik Industries AG
• Albemarle Corporation
• Ashland Global Specialty Chemicals Inc.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Fillers Market in the Composites Industry, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Polymer Filler Market: https://www.stratviewresearch.com/3729/polymer-filler-market.html
• Conductive Fillers Market: https://www.stratviewresearch.com/3527/conductive-fillers-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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