Press release
Composite Textiles Market to Reach US$ 9.5 Billion by 2028, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/3463/composite-textiles-market.html#form
Market Statistics
• Forecast value by 2028: US$ 9.5 billion
• CAGR (2023-2028): 5.9 %
• Forecast period: 2023-2028
• Base year: 2022
• Total number of segments: 4
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Textile Type: Perform, CSM, CFM, Woven Roving, Woven Yarn, Multi-Axials
By Material Type: Glass Fiber Textile, Carbon Fiber Textile, Others
By End-Use Industry Type: Aerospace & Defense, Marine, Transportation, Building & Construction, Consumer Goods, Electrical & Electronics, Pipes & Tanks, Wind Energy, Others
By Region: Asia-Pacific, Europe, North America, Rest of the World
Segment Analysis
In textile type, woven yarn is the dominant segment owing to its extensive use in electrical and electronics applications, particularly for PCB laminates where high mechanical strength and thermal stability are critical. This entrenched position encourages suppliers to enhance woven yarn production capabilities to meet diversified industry requirements.
For material type, carbon fiber textile is expected to be the fastest-growing category due to its superior strength-to-weight ratio and increasing penetration in aerospace and wind turbine blade applications where lightweight performance is paramount, driving material developers to expand carbon fiber textile offerings.
Regional Insights
Asia-Pacific is anticipated to remain the largest regional market through 2028, bolstered by the presence of key manufacturers such as China Jushi Co. Ltd., Nan Ya Plastics Corp., Toray Industries, Inc., and Chongqing Polycomp International Corp., and significant composite textile consumption across industries.
Europe is expected to be the fastest-growing region during the forecast period, driven by a strong focus on wind energy installations and rising demand for lightweight automotive components that utilize composite textiles.
Market Drivers
• Increasing penetration of composite materials across industrial applications boosting demand for reinforcing textiles.
• Growing demand for lightweight materials to enhance performance and fuel efficiency in transportation and aerospace.
• Expanding wind energy installations requiring large-size composite textiles for turbine blades.
• Rising electrical and electronics production increasing usage of woven yarn composite textiles.
• Broader adoption of composite textiles in marine, construction, and consumer goods sectors.
Top Companies in the Market
• China Jushi Co. Ltd.
• Nan Ya Plastics Corporation
• Owens Corning
• SAERTEX GmbH & Co. KG
• Toray Industries, Inc.
FAQs
1. What is the projected composite textiles market size by 2028?
The market is expected to reach approximately US$ 9.5 billion by 2028.
2. What growth rate is the composite textiles market forecasted to achieve from 2023 to 2028?
It is forecast to grow at a CAGR of about 5.9 % during 2023-2028.
3. Which textile type holds the largest share in the composite textiles market?
Woven yarn is anticipated to remain the largest textile type segment.
4. Which material type is expected to grow fastest in the composite textiles market?
Carbon fiber textile is expected to be the fastest-growing material type.
5. Which region is estimated to dominate the composite textiles market through 2028?
Asia-Pacific is projected to remain the largest regional market.
Related Links:
compressor oil market: https://justpaste.it/l84ox
conductive ink market: https://www.ganjingworld.com/news/1i6h057uove1qz6a4b4NdZE1w18g1c/conductive-ink-industry-outlook-advancing-applications-in-electronics-and-renewable-energy
cryogenic insulation market: https://scrapbox.io/researchnews/Global_Cryogenic_Insulation_Market_Outlook:_Growth_Fueled_by_Advanced_Low-Temperature_Solutions
expanded polypropylene foam market: https://hallbook.com.br/blogs/849722/Expanded-Polypropylene-Foam-Market-Robust-Growth-and-Emerging-Opportunities
field programmable gate array market: https://velog.io/@chloe_adams/Global-FPGA-Market-Applications-Drivers-and-Opportunities
firefighting foam market: https://researchnews22.amebaownd.com/posts/58185271
flat glass coatings market: https://www.leenkup.com/read-blog/72233
high performance fiber market: https://sway.cloud.microsoft/7TlcVhUDrFJD1PGv
shape memory alloys market: https://www.omaada.com/blogs/280333/Shape-Memory-Alloys-Market-Rising-Demand-in-Advanced-Robotics-Automotive
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
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.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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 Composite Textiles Market to Reach US$ 9.5 Billion by 2028, Says Stratview Research here
News-ID: 4400155 • Views: …
More Releases from Stratview Research
Composite EV Battery Enclosures Market to Reach US$ 5.0 Billion by 2030, Says St …
The composite EV battery enclosures market - covering the manufacture and supply of lightweight, high-performance composite enclosures that protect and house electric vehicle (EV) battery packs - is expected to grow from approximately US$ 0.8 billion in 2022 to US$ 5.0 billion by 2030, at a CAGR of 23.5 % during 2023-2030. The market's rapid expansion is primarily driven by the accelerating adoption of battery electric vehicles (BEVs) globally, where…
Aerospace Composite Ducting Market to Reach US$ 810.2 Million by 2028, Says Stra …
The aerospace composite ducting market, encompassing composite duct assemblies used for fluid conveyance and air management in aircraft systems, is projected to grow from an estimated US$ 417.1 million in 2022 to US$ 810.2 million by 2028, at a CAGR of 10.7 % during the 2023-2028 forecast period. This growth is primarily driven by the accelerated adoption of composite materials over traditional metals - offering significant weight reduction, enhanced strength,…
Aerospace Cockpit Control Panels Market to Reach US$ 1.41 Billion by 2034, Says …
The aerospace cockpit control panels market - covering the production and integration of instrument panels that enable pilots to monitor flight parameters and control aircraft systems - is forecast to grow from an annual market size of approximately US$ 1.01 billion in 2024 to US$ 1.41 billion by 2034 at a CAGR of 3.1 % during the 2025-2034 period. This growth is primarily driven by the rising production of commercial…
5G Fluoropolymers Market to Reach US$ 557 Million by 2030, Says Stratview Resear …
The 5G fluoropolymers market, comprising specialized high-performance fluoropolymer materials used in critical 5G network infrastructure such as wire & cables, PCBs, and antenna components, is projected to reach US$ 557.0 million by 2030, growing at a CAGR of 15.7 % during the 2025-2030 forecast period. This growth is primarily driven by the expanding rollout of 5G infrastructure and the increasing demand for higher bandwidth and faster signal transmission, where fluoropolymers'…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
