Market Overview:
The global composites market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for lightweight and durable materials across different applications. The global composites market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into layup, filament winding, injection molding, pultrusion, and others. The layup segment is expected to hold a major share of the global composites market during the forecast period. This can be attributed to its low manufacturing cost as compared to other types of composites manufacturing processes.
Product Definition:
A composite material is made from two or more constituent materials with significantly different physical or chemical properties that, when combined, produce a material with characteristics different from those of the individual components. The constituents are usually formed into separate parts, and then joined together to form the composite.
Layup:
layup is a method of joining two or more materials together. It's major application in the composites market, where it's used for manufacturing boats, ship hulls and yachts among other products. layup is also used in woodworking to construct furniture and cabinets among others.
Filament Winding:
Filament winding is a manufacturing process used to wind fibers or yarns from a molten pool of polymer resin. It is one of the most common methods for manufacturing composite parts and also has several advantages over other processes such as dielectric molding, pultrusion, and others. The primary benefit offered by this method is cost efficiency; it being the cheapest among all the processes mentioned above.
Application Insights:
The global demand for composites is witnessing a paradigm shift due to their increasing use in transportation, wind energy and other applications. In terms of revenue, the transportation segment dominated the market with a share of 33.1% in 2017 owing to rising application scope in automobiles, aircraft components and ships. The growth of automotive industry across various regions coupled with favorable government policies promoting innovation is expected to augment product demand over the forecast period.
Aerospace & defense was one of the prominent segments accounting for 20% volume share in 2017 on account of growing usage as replacement materials for metal alloys.
Regional Analysis:
Asia Pacific dominated the global market in 2016 and is expected to continue its dominance over the forecast period. The region is home to some of the major economies, such as China, India, Japan and South Korea. Rapid industrialization coupled with increasing government investments in infrastructure development has resulted in a significant rise in construction activities across Asia Pacific. This factor is anticipated to have a positive impact on industry growth over the next eight years.
The European composites market was valued at USD X billion in 2016 and it is projected to grow at an estimated CAGR of XX% from 2017 to 2030 owing high demand for luxury vehicles along with rising aerospace manufacturing activities across Europe especially Germany, UK.
Growth Factors:
- Increasing demand for lightweight and durable materials in automotive and aerospace industries
- Growing popularity of composites in wind energy sector
- Rising demand for advanced composites in construction industry
- Proliferation of new applications for composites across a wide range of end-use industries
- Technological advancements that are making composites more affordable and easier to manufacture
Scope Of The Report
Report Attributes
Report Details
Report Title
Composites Market Research Report
By Type
Layup, Filament Winding, Injection Molding, Pultrusion, Others
By Application
Transportation, Aerospace & Defense, Wind Energy, Electrical & Electronics, Others
By Companies
M, Acordis BV, Advanced Glass Fibre Yarns, Aertex Group, Axalta Coating Systems, Airbus, AKSA, Asahi Fibreglass, BOC, Braj Binani Group, M
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Composites Market Report Segments:
The global Composites market is segmented on the basis of:
Types
Layup, Filament Winding, Injection Molding, Pultrusion, Others
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
Transportation, Aerospace & Defense, Wind Energy, Electrical & Electronics, 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:
- M
- Acordis BV
- Advanced Glass Fibre Yarns
- Aertex Group
- Axalta Coating Systems
- Airbus
- AKSA
- Asahi Fibreglass
- BOC
- Braj Binani Group
- M
Highlights of The 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:
- Layup
- Filament Winding
- Injection Molding
- Pultrusion
- Others
- By Application:
- Transportation
- Aerospace & Defense
- Wind Energy
- Electrical & Electronics
- 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 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?
Composites are a type of material that is made up of two or more different materials. They can be made from many different types of materials, including plastics, metals, and composites.
Some of the major companies in the composites market are M, Acordis BV, Advanced Glass Fibre Yarns, Aertex Group, Axalta Coating Systems, Airbus, AKSA, Asahi Fibreglass, BOC, Braj Binani Group, M.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Composites Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Composites Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Composites Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Composites Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Composites Market Size & Forecast, 2020-2028
4.5.1 Composites Market Size and Y-o-Y Growth
4.5.2 Composites Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Layup
5.2.2 Filament Winding
5.2.3 Injection Molding
5.2.4 Pultrusion
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Aerospace & Defense
6.2.3 Wind Energy
6.2.4 Electrical & Electronics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Composites Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Composites Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Layup
9.6.2 Filament Winding
9.6.3 Injection Molding
9.6.4 Pultrusion
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Aerospace & Defense
9.10.3 Wind Energy
9.10.4 Electrical & Electronics
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Layup
10.6.2 Filament Winding
10.6.3 Injection Molding
10.6.4 Pultrusion
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Aerospace & Defense
10.10.3 Wind Energy
10.10.4 Electrical & Electronics
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Layup
11.6.2 Filament Winding
11.6.3 Injection Molding
11.6.4 Pultrusion
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Aerospace & Defense
11.10.3 Wind Energy
11.10.4 Electrical & Electronics
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Layup
12.6.2 Filament Winding
12.6.3 Injection Molding
12.6.4 Pultrusion
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Aerospace & Defense
12.10.3 Wind Energy
12.10.4 Electrical & Electronics
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Layup
13.6.2 Filament Winding
13.6.3 Injection Molding
13.6.4 Pultrusion
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Aerospace & Defense
13.10.3 Wind Energy
13.10.4 Electrical & Electronics
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Composites Market: Competitive Dashboard
14.2 Global Composites Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 Acordis BV
14.3.3 Advanced Glass Fibre Yarns
14.3.4 Aertex Group
14.3.5 Axalta Coating Systems
14.3.6 Airbus
14.3.7 AKSA
14.3.8 Asahi Fibreglass
14.3.9 BOC
14.3.10 Braj Binani Group
14.3.11 M
