Epoxy Composite Market Estimated to Cross US$ 60 Bn by 2030

The global Epoxy Composite market size was reached at USD 29 billion in 2020 and is projected to surpass US$ 60 billion by 2030, expanding growth at a CAGR of 9% from 2021 to 2030.

Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/38550

Growth Factors

 Growing usage of advanced lightweight functional materials in various industries, such as automotive & transportation, aerospace & defense, and wind energy, is expected to drive the market.

Increasing demand for composites in the automotive industry is anticipated to boost the market growth over the forecast period. Rising fuel prices have triggered the need for fuel-efficient vehicles, which is expected to increase the usage of composites. Composites are majorly utilized as the replacement for aluminum, wood, and steel on account of their higher strength-to-weight ratio.

Report Coverage

Report Scope Details
Market Size USD 60 billion by 2030
Growth Rate CAGR of 9% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Fiber type, End-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Teijin Ltd.; Toray Industries, Inc.; Huntsman Corp. LLC; SGL Carbon; Hexcel Corp.; Solvay; Park Aerospace Corp.; Arkema; Avient Corp.; Olin Corp.

Report Highlights

The glass fiber segment led the market accounting for a revenue share of more than 60% in 2021 and will retain the leading position throughout the forecast years. This growth is attributed to the rising use of glass fibers in automotive and marine applications due to their cost-effectiveness.

The automotive & transportation end-use segment led the market in 2020 with a revenue share of more than 35%. The high durability and low weight of epoxy composites make them ideal for structural components used in automotive and transportation systems. Epoxy composites are used in several automotive applications including interior headliner, underbody system, instrument panel, bumper beam, air duct, airbag housing, and engine cover, etc.

Asia Pacific dominated the market and accounted for more than 56% of the revenue share in 2021. It is projected to expand further at the fastest CAGR of over 7% from 2021 to 2030 retaining its dominant position. This growth is attributed to high growth opportunities exhibited by the region owing to rapidly rising aircraft production, and ambitious electrical & electronics capacity addition targets by various companies.

Key Players

  • Teijin Ltd.
  • Toray Industries, Inc.
  • Huntsman Corp. LLC
  • SGL Carbon
  • Hexcel Corp.
  • Solvay
  • Park Aerospace Corp.
  • Arkema
  • Avient Corp.
  • Olin Corp.

Market Segmentation

  • Fiber Type
    • Glass Fiber
    • Carbon Fiber
    • Other Fiber
  • End-use
    • Automotive & Transportation
    • Aerospace & Defense
    • Wind Energy
    • Electrical & Electronics
    • Sporting & Consumer Goods
    • Other End-use (Oil & Gas, Marine, Construction)
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K.
      • Italy
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
    • Central & South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38550

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

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

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer 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 Epoxy Composite Market, By Fiber Type

7.1.  Epoxy Composite Market, by Fiber Type, 2021-2030

7.1.1.    Glass Fiber

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Carbon Fiber

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Other Fiber

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Epoxy Composite Market, By End-use

8.1.  Epoxy Composite Market, by End-use, 2021-2030

8.1.1.    Automotive & Transportation

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Aerospace & Defense

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Wind Energy

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Electrical & Electronics

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    Sporting & Consumer Goods

8.1.5.1.        Market Revenue and Forecast (2017-2030)

8.1.6.    Other End-use (Oil & Gas, Marine, Construction)

8.1.6.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Epoxy Composite Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Fiber Type (2017-2030)

9.1.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Fiber Type (2017-2030)

9.2.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Fiber Type (2017-2030)

9.3.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Fiber Type (2017-2030)

9.4.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Fiber Type (2017-2030)

9.5.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Fiber Type (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

Chapter 10.  Company Profiles

10.1.              Teijin Ltd.

10.1.1.  Company Overview

10.1.2.  Fiber Type Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Toray Industries, Inc.

10.2.1.  Company Overview

10.2.2.  Fiber Type Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Huntsman Corp. LLC

10.3.1.  Company Overview

10.3.2.  Fiber Type Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              SGL Carbon

10.4.1.  Company Overview

10.4.2.  Fiber Type Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Hexcel Corp.

10.5.1.  Company Overview

10.5.2.  Fiber Type Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Solvay

10.6.1.  Company Overview

10.6.2.  Fiber Type Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Park Aerospace Corp.

10.7.1.  Company Overview

10.7.2.  Fiber Type Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Arkema

10.8.1.  Company Overview

10.8.2.  Fiber Type Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Avient Corp.

10.9.1.  Company Overview

10.9.2.  Fiber Type Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           Olin Corp.

10.10.1.               Company Overview

10.10.2.               Fiber Type Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

Glossary of Terms

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38550

Contact Us:

Vision Research Reports

Call: +1 9197 992 333

Email: sales@visionresearchreports.com