Composites

Composites Market Size to Hit US$ 7.8 Billion By 2027 Composites Market Size, Growth, Trends Analysis, Market Scope, Segment Forecasts, Regional Outlook 2020 - 2027

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The composites market size is expected to hit around US$ 160 billion by 2027 growing at a CAGR of 7.8% from 2020 to 2027. The report contains 150+ pages with detailed analysis.

The base year for the study has been considered 2020, the historic year 2018, and 2019, the forecast period considered is from 2020 to 2027. The composites market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).

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Scope of the Stud

This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, the Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes the market by key players and various segment. This report also studies global market prominence, competitive landscape, market share, growth rates market dynamics such as drivers, restraints and opportunities, and distributors and sales channels.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Growth Factors

Global composites market is largely influenced by ascending lightweight materials demand in many sectors like automotive, wind energy, transportation, aerospace and defense. Growing demand for composites in the automotive sector of emerging economies is predicted to lift the growth of global composite market during forecast period. Escalating prices of fuel have prompted the requirement for fuel-efficient vehicles. Composites are largely employed as the replacement for wood, aluminum, and steel due to its greater strength to weight ratio.

At present, against the backdrop of unsettled China/U.S. trade disagreements, the U.S. composites sector stays optimistic and endures to demonstrate positive growth. This mainly backed by stable growth of aerospace wind energy, and construction areas.

Report Highlights

  • Asia Pacific is predicted to mirror its dominance by both value and volume throughout the forecast period. This high growth is attributed to rising demand from expanding transportation, electrical and electronics, construction segments in this region.
  • Some of the driving factors for extensive growth of composites market are high growth in construction, cumulative automotive production, and infrastructure advancements.
  • Glass fiber-based composites products dominated the global marketplace in 2019, followed by carbon fiber-based composites.
  • The appearance of the Singapore, Philippines, Indonesia, Malaysia, and Vietnam as chief shipbuilding hubs in Asia Pacific is projected to stimulate composites demand in the region during years to come
  • The global composites market has emerged as exciting workplace due to new materials, processes and increasing applications areas.

Key Players/Manufacturers

This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the composites market and ranks noticeable companies as per their occurrence in diverse regions across the globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the global composites market include:

  • Huntsman Corporation LLC
  • SGL Group
  • Teijin Ltd
  • PPG Industries, Inc.
  • Toray Industries, Inc.
  • Owens Corning
  • Hexcel Corporation
  • DuPont
  • Momentive Performance Materials, Inc.
  • Jushi Group Co., Ltd.
  • Compagnie de Saint-Gobain S.A
  • Weyerhaeuser Company
  • Cytec Industries

Report Scope of the Composites Market

Report Highlights Details
Market Size in 2020 USD 89 Billion
Growth Rate CAGR of 7.8% from 2021 to 2027
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2021
Forecast Period 2021 to 2027

Market Segments Covered in the Report

Segments Covered in the Report

This research report includes complete assessment of the market with the help of extensive qualitative and quantitative insights, and projections regarding the market. This report offers breakdown of market into prospective and niche sectors. Further, this research study calculates market revenue and its growth trend at global, regional, and country from 2016 to 2027. This report includes market segmentation and its revenue estimation by classifying it on the basis of product, resin, end use, manufacturing process and region as follows:

By Product Type

  • Glass Fiber
  • Carbon Fiber
  • Others

By Resin Type

  • Thermoplastic
  • Thermosetting
  • Others

By Manufacturing Process Type

  • Injection Molding Process
  • Resin Transfer Molding Process
  • Pultrusion Process
  • Layup Process
  • Filament Winding Process
  • Compression Molding Process
  • Others

By End Use Type

  • Electrical & Electronics
  • Automotive & Transportation
  • Wind Energy
  • Aerospace & Defense
  • Pipes & Tanks
  • Construction & Infrastructure
  • Marine
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Middle East & Africa
  • Latin America

Research Objective

  • To provide a comprehensive analysis of the composites industry and its sub-segments in the global market, thereby providing a detailed structure of the industry
  • To provide detailed insights into factors driving and restraining the growth of this global market
  • To provide a distribution chain analysis/value chain for the this market
  • To estimate the market size of the global composites market where 2019 would be the historical period, 2020 shall be the base year, and 2020 to 2027 will be the forecast period for the study
  • To provide strategic profiling of key companies (manufacturers and distributors) present across the globe, and comprehensively analyze their competitiveness/competitive landscape in this market
  • To analyze the global market in four main geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World
  • To provide country-wise market value analysis for various segments of the composites

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Composites Market, By Product

7.1. Composites Market, by Product Type, 2020-2027
7.1.1. Glass Fiber
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Carbon Fiber
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Others
7.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Composites Market, By Resin

8.1. Composites Market, by Resin, 2020-2027
8.1.1. Thermoplastic
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Thermosetting
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Others
8.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Composites Market, By Manufacturing Process

9.1. Composites Market, by Manufacturing Process , 2020-2027
9.1.1. Injection Molding Process
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Resin Transfer Molding Process
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Pultrusion Process
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Layup Process
9.1.4.1. Market Revenue and Forecast (2016-2027)
9.1.5. Filament Winding Process
9.1.5.1. Market Revenue and Forecast (2016-2027)
9.1.6. Compression Molding Process
9.1.6.1. Market Revenue and Forecast (2016-2027)
9.1.7. Others
9.1.7.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Composites Market, By End use

10.1. Composites Market, by End use, 2020-2027
10.1.1. Electrical & Electronics
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Automotive & Transportation
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Wind Energy
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Aerospace & Defense
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Pipes & Tanks
10.1.5.1. Market Revenue and Forecast (2016-2027)
10.1.6. Construction & Infrastructure
10.1.6.1. Market Revenue and Forecast (2016-2027)
10.1.7. Marine
10.1.7.1. Market Revenue and Forecast (2016-2027)
10.1.8. Others
10.1.8.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Composites Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.2. Market Revenue and Forecast, by Resin (2016-2027)
11.1.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.1.4. Market Revenue and Forecast, by End use (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Resin (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.1.5.4. Market Revenue and Forecast, by End use (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Resin (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.1.6.4. Market Revenue and Forecast, by End use (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.2. Market Revenue and Forecast, by Resin (2016-2027)
11.2.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.2.4. Market Revenue and Forecast, by End use (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Resin (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.2.5.4. Market Revenue and Forecast, by End use (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Resin (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.2.6.4. Market Revenue and Forecast, by End use (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Resin (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.2.7.4. Market Revenue and Forecast, by End use (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Resin (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.2.8.4. Market Revenue and Forecast, by End use (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.2. Market Revenue and Forecast, by Resin (2016-2027)
11.3.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.3.4. Market Revenue and Forecast, by End use (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Resin (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.3.5.4. Market Revenue and Forecast, by End use (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Resin (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.3.6.4. Market Revenue and Forecast, by End use (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Resin (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.3.7.4. Market Revenue and Forecast, by End use (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Resin (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.3.8.4. Market Revenue and Forecast, by End use (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.2. Market Revenue and Forecast, by Resin (2016-2027)
11.4.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.4.4. Market Revenue and Forecast, by End use (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Resin (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.4.5.4. Market Revenue and Forecast, by End use (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Resin (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.4.6.4. Market Revenue and Forecast, by End use (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Resin (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.4.7.4. Market Revenue and Forecast, by End use (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Resin (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.4.8.4. Market Revenue and Forecast, by End use (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.2. Market Revenue and Forecast, by Resin (2016-2027)
11.5.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.5.4. Market Revenue and Forecast, by End use (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Resin (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.5.5.4. Market Revenue and Forecast, by End use (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Resin (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Manufacturing Process (2016-2027)
11.5.6.4. Market Revenue and Forecast, by End use (2016-2027)

Chapter 12. Company Profiles

12.1. Huntsman Corporation LLC
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. SGL Group
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Teijin Ltd
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. PPG Industries, Inc.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Toray Industries, Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Owens Corning
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Hexcel Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. DuPont
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Momentive Performance Materials, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Jushi Group Co., Ltd.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Compagnie de Saint-Gobain S.A
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
12.12. Weyerhaeuser Company
12.12.1. Company Overview
12.12.2. Product Offerings
12.12.3. Financial Performance
12.12.4. Recent Initiatives
12.13. Cytec Industries
12.13.1. Company Overview
12.13.2. Product Offerings
12.13.3. Financial Performance
12.13.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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