Market Overview:
The global advanced polymer matrix composites market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lightweight and high-performance materials in various end-use industries such as aerospace, marine, automotive, chemical, and others. In terms of adhesive type, film adhesives are expected to witness the highest growth rate during the forecast period owing to their ability to provide superior bonding strength between two or more substrates. In terms of matrix material, fiberglass is projected to lead the global advanced polymer matrix composites market during the forecast period on account of its high tensile strength and stiffness coupled with low weight.
Product Definition:
Advanced polymer matrix composites (APMCs) are high-performance composite materials that contain a polymer resin as the matrix and reinforcement fibers, typically carbon or glass, as the primary structural elements. The advantages of APMCs over traditional metals and alloys include lighter weight, improved corrosion resistance, superior strength-to-weight ratio and greater thermal insulation. They are commonly used in aerospace applications, such as aircraft fuselages and wings, automotive parts (e.g., brake rotors), sporting goods (e.g.
By adhensive type:
By adhesives type is used to join two or more substances, which have different coefficients of friction. By adhesives are widely used in advanced polymer matrix composites for joining purposes. The growth factor for the market is increasing demand from end-use industries such as aerospace & defense and automotive industry due to its properties such as high strength, corrosion resistance and temperature resistance among others.
Film Adhesives:
Film adhesives are widely used in advanced polymer matrix composites to provide a durable bond between the polymer and adhesive layer. They offer high strength, low viscosity, and excellent thermal stability which makes them suitable for various applications including automotive parts & components, wind turbine blades & rotors, aerospace components & equipment.
Application Insights:
The application segment comprises of aerospace, military, automotive, marine and other applications. Aerospace was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Advanced polymer matrix composites are increasingly used in aircraft components owing to their lightweight properties as compared to traditional alloys. Moreover, they reduce fuel consumption by approximately 10% when compared with similar-sized alloys on account of superior aerodynamic efficiency.
Increasing demand for passenger travel comfort coupled with rising air pollution has led to a significant rise in the number of flight hours per year which has resulted in an increased demand for APMCs over recent years. This factor along with increasing disposable income levels among some developing countries such as India is expected to have a positive impact on market growth during the forecast period.
Regional Analysis:
North America dominated the global advanced polymer matrix composites industry with a revenue share of over 35.0% in 2017. The region is expected to witness significant growth in terms of demand for both military and civil aerospace applications, owing to increasing defense budgets across the globe. In addition, growing emphasis on developing domestic aircraft manufacturing capabilities within the U.S.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid industrialization along with supportive economic conditions prevailing in various countries such as China, India, Indonesia among others are expected drive product demand majorly for automotive application industries which has led it being called as the factory of future by some media houses worldwide).
Growth Factors:
- Increasing demand from the aerospace and defense sectors due to superior mechanical properties of composites over traditional materials.
- Growing demand for lightweight and fuel-efficient vehicles, which is boosting the use of advanced polymer matrix composites in automotive applications.
- Rising popularity of wind energy as a source of renewable energy, which is fueling the growth of the advanced polymer matrix composites market in the wind turbine blades market.
- Rapid expansion in construction and infrastructure activities across emerging economies, resulting in an increase in demand for advanced polymer matrix composites in construction applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Advanced polymer matrix composites Market Research Report
By Type
By adhensive type, Film Adhesives, Paste Adhesives, Foaming Adhesives, By matrix meterial, Fiberglass, Kevlar, Carbon/Graphite, Boron, Ceramic, By fiber type, Thermosetting Resins, Thermoplastic Resins
By Application
Aerospace/ Military, Marine, Automotive, Chemical, Others
By Companies
Arkema, BASF, Hexcel, Cytec, Ten Cate, Toray, Mitsubishi, Solvay, SGL CARBON
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Advanced polymer matrix composites Market Report Segments:
The global Advanced polymer matrix composites market is segmented on the basis of:
Types
By adhensive type, Film Adhesives, Paste Adhesives, Foaming Adhesives, By matrix meterial, Fiberglass, Kevlar, Carbon/Graphite, Boron, Ceramic, By fiber type, Thermosetting Resins, Thermoplastic Resins
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace/ Military, Marine, Automotive, Chemical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arkema
- BASF
- Hexcel
- Cytec
- Ten Cate
- Toray
- Mitsubishi
- Solvay
- SGL CARBON
Highlights of The Advanced polymer matrix composites Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- By adhensive type
- Film Adhesives
- Paste Adhesives
- Foaming Adhesives
- By matrix meterial
- Fiberglass
- Kevlar
- Carbon/Graphite
- Boron
- Ceramic
- By fiber type
- Thermosetting Resins
- Thermoplastic Resins
- By Application:
- Aerospace/ Military
- Marine
- Automotive
- Chemical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Advanced polymer matrix composites Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Advanced polymer matrix composites are a type of composite material that is made up of two or more different types of polymer materials. The polymers are usually mixed together in a liquid form and then put into small particles. These particles are then combined with other ingredients to create the final product.
Some of the major companies in the advanced polymer matrix composites market are Arkema, BASF, Hexcel, Cytec, Ten Cate, Toray, Mitsubishi, Solvay, SGL CARBON.
The advanced polymer matrix composites market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Advanced polymer matrix composites Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Advanced polymer matrix composites Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Advanced polymer matrix composites Market - Supply Chain
4.5. Global Advanced polymer matrix composites Market Forecast
4.5.1. Advanced polymer matrix composites Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Advanced polymer matrix composites Market Size (000 Units) and Y-o-Y Growth
4.5.3. Advanced polymer matrix composites Market Absolute $ Opportunity
5. Global Advanced polymer matrix composites Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Advanced polymer matrix composites Market Size and Volume Forecast by Type
5.3.1. By adhensive type
5.3.2. Film Adhesives
5.3.3. Paste Adhesives
5.3.4. Foaming Adhesives
5.3.5. By matrix meterial
5.3.6. Fiberglass
5.3.7. Kevlar
5.3.8. Carbon/Graphite
5.3.9. Boron
5.3.10. Ceramic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Advanced polymer matrix composites Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Advanced polymer matrix composites Market Size and Volume Forecast by Application
6.3.1. Aerospace/ Military
6.3.2. Marine
6.3.3. Automotive
6.3.4. Chemical
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Advanced polymer matrix composites Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Advanced polymer matrix composites Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Advanced polymer matrix composites Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Advanced polymer matrix composites Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Advanced polymer matrix composites Demand Share Forecast, 2019-2029
9. North America Advanced polymer matrix composites Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Advanced polymer matrix composites Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Advanced polymer matrix composites Market Size and Volume Forecast by Application
9.4.1. Aerospace/ Military
9.4.2. Marine
9.4.3. Automotive
9.4.4. Chemical
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Advanced polymer matrix composites Market Size and Volume Forecast by Type
9.7.1. By adhensive type
9.7.2. Film Adhesives
9.7.3. Paste Adhesives
9.7.4. Foaming Adhesives
9.7.5. By matrix meterial
9.7.6. Fiberglass
9.7.7. Kevlar
9.7.8. Carbon/Graphite
9.7.9. Boron
9.7.10. Ceramic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Advanced polymer matrix composites Demand Share Forecast, 2019-2029
10. Latin America Advanced polymer matrix composites Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Advanced polymer matrix composites Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Advanced polymer matrix composites Market Size and Volume Forecast by Application
10.4.1. Aerospace/ Military
10.4.2. Marine
10.4.3. Automotive
10.4.4. Chemical
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Advanced polymer matrix composites Market Size and Volume Forecast by Type
10.7.1. By adhensive type
10.7.2. Film Adhesives
10.7.3. Paste Adhesives
10.7.4. Foaming Adhesives
10.7.5. By matrix meterial
10.7.6. Fiberglass
10.7.7. Kevlar
10.7.8. Carbon/Graphite
10.7.9. Boron
10.7.10. Ceramic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Advanced polymer matrix composites Demand Share Forecast, 2019-2029
11. Europe Advanced polymer matrix composites Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Advanced polymer matrix composites Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Advanced polymer matrix composites Market Size and Volume Forecast by Application
11.4.1. Aerospace/ Military
11.4.2. Marine
11.4.3. Automotive
11.4.4. Chemical
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Advanced polymer matrix composites Market Size and Volume Forecast by Type
11.7.1. By adhensive type
11.7.2. Film Adhesives
11.7.3. Paste Adhesives
11.7.4. Foaming Adhesives
11.7.5. By matrix meterial
11.7.6. Fiberglass
11.7.7. Kevlar
11.7.8. Carbon/Graphite
11.7.9. Boron
11.7.10. Ceramic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Advanced polymer matrix composites Demand Share, 2019-2029
12. Asia Pacific Advanced polymer matrix composites Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Advanced polymer matrix composites Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Advanced polymer matrix composites Market Size and Volume Forecast by Application
12.4.1. Aerospace/ Military
12.4.2. Marine
12.4.3. Automotive
12.4.4. Chemical
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Advanced polymer matrix composites Market Size and Volume Forecast by Type
12.7.1. By adhensive type
12.7.2. Film Adhesives
12.7.3. Paste Adhesives
12.7.4. Foaming Adhesives
12.7.5. By matrix meterial
12.7.6. Fiberglass
12.7.7. Kevlar
12.7.8. Carbon/Graphite
12.7.9. Boron
12.7.10. Ceramic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Advanced polymer matrix composites Demand Share, 2019-2029
13. Middle East & Africa Advanced polymer matrix composites Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Advanced polymer matrix composites Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Advanced polymer matrix composites Market Size and Volume Forecast by Application
13.4.1. Aerospace/ Military
13.4.2. Marine
13.4.3. Automotive
13.4.4. Chemical
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Advanced polymer matrix composites Market Size and Volume Forecast by Type
13.7.1. By adhensive type
13.7.2. Film Adhesives
13.7.3. Paste Adhesives
13.7.4. Foaming Adhesives
13.7.5. By matrix meterial
13.7.6. Fiberglass
13.7.7. Kevlar
13.7.8. Carbon/Graphite
13.7.9. Boron
13.7.10. Ceramic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Advanced polymer matrix composites Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Advanced polymer matrix composites Market: Market Share Analysis
14.2. Advanced polymer matrix composites Distributors and Customers
14.3. Advanced polymer matrix composites Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arkema
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hexcel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cytec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ten Cate
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toray
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitsubishi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Solvay
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SGL CARBON
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14
