Market Overview:
The global energy sector composite market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into glass fibre (GFRP) composites, carbon fibre (CFRP) composites, aramid fibre (AFRP) composites and other types. Among these types, GFRP Composites are expected to hold a dominant share in terms of revenue in 2018 and is also projected to be one of the fastest-growing segments during the forecast period from 2018 to 2030. This can be attributed primarily to their high strength-to-weight ratio as well as corrosion resistance properties which make them suitable for use in various end-use applications such as wind power generation, oil & gas exploration & production and fuel cells among others. On the basis of application, wind power accounted for majority share in terms revenue generated by energy sector composite market in 2017; however this segment is projected witness highest growth rate over next decade owing stringent government regulations pertaining emissions from traditional power generation sources across globe .Oil & Gas was second largest application area for energy sector composite materials followed by Fuel Cells .
Product Definition:
The energy sector composite is a measure of the performance of stocks in the energy sector of the S&P 500 Index. The index is important because it measures how well stocks in the energy sector are performing and can be used as a barometer for how the overall stock market is doing.
Glass Fibre (GFRP) Composites:
Glass Fibre (GFRP) composites are a class of materials that have glass as their main component. Glass fibres are long, hollow fibers made from silica and other minerals. They possess superior properties such as high tensile strength, flexibility and lightweight which makes them very useful in various industries including energy sector composite market.
Carbon Fibre (CFRP) Composites:
Carbon fiber (CFRP) composites are high strength fibers that are made from carbon atoms that have been bonded together in crystals. Carbon fibers occur in two forms: single-use and continuous. The most common form of carbon fiber is the continuous type, which can be used for various applications owing to its properties such as high tensile strength, low thermal expansion coefficient, and good electrical conductivity among others.
Application Insights:
Wind power emerged as the dominant application segment in 2017 and accounted for over 30% of the overall revenue share. The wind turbines manufactured using composite materials are lighter, more efficient, and produce less sound pollution. These factors are likely to increase their demand in wind turbine manufacturing over the coming years.
The oil & gas segment is expected to witness significant growth owing to rising production levels coupled with increasing exploration activities across various regions including Middle East & Africa, Asia Pacific and North America. Increasing drilling activities for shale gas reserves is also projected to boost product demand from 2018 to 2030 on account of its lightweight properties that enable high-speed drilling operations without compromising with drill bit quality or strength.
Regional Analysis:
Asia Pacific dominated the global industry in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global energy sector composite demand in 2016 owing to high investments made by governments for developing renewable sources such as wind and solar power. In addition, rising oil & gas exploration activities are also anticipated to drive product demand over the next eight years.
North America market was valued at USD X million in 2016 and is projected to grow at an estimated CAGR of XX% from 2017 to 2030 owing with increasing use of composites across various end-use applications such as aerospace, automotive etc., especially within U.S.
Growth Factors:
- Increasing demand for energy from developing countries
- Rising global temperatures and the need to find alternative energy sources
- The increasing popularity of electric vehicles and other clean technologies
- Advances in technology that make it easier and cheaper to produce renewable energy sources
- Government policies that incentivize the use of renewable energy
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy Sector Composite Market Research Report
By Type
Glass Fibre (GFRP) Composites, Carbon Fibre (CFRP) Composites, Aramid Fibre (AFRP) Composites, Other
By Application
Wind Power, Oil & Gas, Fuel Cells, Other
By Companies
Enercon, GE Energy, Hexcel, China Fiber Glass Company, Gamesa, LM WindPower, Suzlon, Vestas Wind Systems, Zoltek
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Energy Sector Composite Market Report Segments:
The global Energy Sector Composite market is segmented on the basis of:
Types
Glass Fibre (GFRP) Composites, Carbon Fibre (CFRP) Composites, Aramid Fibre (AFRP) Composites, Other
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
Wind Power, Oil & Gas, Fuel Cells, Other
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:
- Enercon
- GE Energy
- Hexcel
- China Fiber Glass Company
- Gamesa
- LM WindPower
- Suzlon
- Vestas Wind Systems
- Zoltek
Highlights of The Energy Sector Composite 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:
- Glass Fibre (GFRP) Composites
- Carbon Fibre (CFRP) Composites
- Aramid Fibre (AFRP) Composites
- Other
- By Application:
- Wind Power
- Oil & Gas
- Fuel Cells
- Other
- 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 Energy Sector Composite 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?
The Energy Sector Composite is a measure of the performance of the energy sector in Canada. It is composed of five sub-components: crude oil, natural gas, gasoline, propane and electricity.
Some of the key players operating in the energy sector composite market are Enercon, GE Energy, Hexcel, China Fiber Glass Company, Gamesa, LM WindPower, Suzlon, Vestas Wind Systems, Zoltek.
The energy sector composite 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. Energy Sector Composite 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. Energy Sector Composite Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Energy Sector Composite Market - Supply Chain
4.5. Global Energy Sector Composite Market Forecast
4.5.1. Energy Sector Composite Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Energy Sector Composite Market Size (000 Units) and Y-o-Y Growth
4.5.3. Energy Sector Composite Market Absolute $ Opportunity
5. Global Energy Sector Composite 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. Energy Sector Composite Market Size and Volume Forecast by Type
5.3.1. Glass Fibre (GFRP) Composites
5.3.2. Carbon Fibre (CFRP) Composites
5.3.3. Aramid Fibre (AFRP) Composites
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Energy Sector Composite 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. Energy Sector Composite Market Size and Volume Forecast by Application
6.3.1. Wind Power
6.3.2. Oil & Gas
6.3.3. Fuel Cells
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Energy Sector Composite 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. Energy Sector Composite 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 Energy Sector Composite 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. Energy Sector Composite 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 Energy Sector Composite Demand Share Forecast, 2019-2026
9. North America Energy Sector Composite 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 Energy Sector Composite 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 Energy Sector Composite Market Size and Volume Forecast by Application
9.4.1. Wind Power
9.4.2. Oil & Gas
9.4.3. Fuel Cells
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Energy Sector Composite Market Size and Volume Forecast by Type
9.7.1. Glass Fibre (GFRP) Composites
9.7.2. Carbon Fibre (CFRP) Composites
9.7.3. Aramid Fibre (AFRP) Composites
9.7.4. Other
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 Energy Sector Composite Demand Share Forecast, 2019-2026
10. Latin America Energy Sector Composite 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 Energy Sector Composite 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 Energy Sector Composite Market Size and Volume Forecast by Application
10.4.1. Wind Power
10.4.2. Oil & Gas
10.4.3. Fuel Cells
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Energy Sector Composite Market Size and Volume Forecast by Type
10.7.1. Glass Fibre (GFRP) Composites
10.7.2. Carbon Fibre (CFRP) Composites
10.7.3. Aramid Fibre (AFRP) Composites
10.7.4. Other
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 Energy Sector Composite Demand Share Forecast, 2019-2026
11. Europe Energy Sector Composite 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 Energy Sector Composite 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 Energy Sector Composite Market Size and Volume Forecast by Application
11.4.1. Wind Power
11.4.2. Oil & Gas
11.4.3. Fuel Cells
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Energy Sector Composite Market Size and Volume Forecast by Type
11.7.1. Glass Fibre (GFRP) Composites
11.7.2. Carbon Fibre (CFRP) Composites
11.7.3. Aramid Fibre (AFRP) Composites
11.7.4. Other
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 Energy Sector Composite Demand Share, 2019-2026
12. Asia Pacific Energy Sector Composite 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 Energy Sector Composite 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 Energy Sector Composite Market Size and Volume Forecast by Application
12.4.1. Wind Power
12.4.2. Oil & Gas
12.4.3. Fuel Cells
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Energy Sector Composite Market Size and Volume Forecast by Type
12.7.1. Glass Fibre (GFRP) Composites
12.7.2. Carbon Fibre (CFRP) Composites
12.7.3. Aramid Fibre (AFRP) Composites
12.7.4. Other
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 Energy Sector Composite Demand Share, 2019-2026
13. Middle East & Africa Energy Sector Composite 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 Energy Sector Composite 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 Energy Sector Composite Market Size and Volume Forecast by Application
13.4.1. Wind Power
13.4.2. Oil & Gas
13.4.3. Fuel Cells
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Energy Sector Composite Market Size and Volume Forecast by Type
13.7.1. Glass Fibre (GFRP) Composites
13.7.2. Carbon Fibre (CFRP) Composites
13.7.3. Aramid Fibre (AFRP) Composites
13.7.4. Other
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 Energy Sector Composite Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Energy Sector Composite Market: Market Share Analysis
14.2. Energy Sector Composite Distributors and Customers
14.3. Energy Sector Composite Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Enercon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Energy
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. China Fiber Glass Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gamesa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LM WindPower
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Suzlon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vestas Wind Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zoltek
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
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
