Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global High Growth Composite Market by Type (Thermosetting Resin, Thermoplastic Resin, Carbon, Glass, Aramid), By Application (Aerospace & Defense, Wind Energy, Transportation, Sporting Goods) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global High Growth Composite Market by Type (Thermosetting Resin, Thermoplastic Resin, Carbon, Glass, Aramid), By Application (Aerospace & Defense, Wind Energy, Transportation, Sporting Goods) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130565 3300 Chemical & Material 377 238 Pages 4.9 (42)

Market Overview:

The global high growth composite market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period. The key factors driving the growth of the global high growth composite market include the increasing demand for lightweight and durable materials across various applications, growing awareness about composites among end-users, and rising investments in R&D activities for developing new composites products. However, volatility in raw material prices may restrain the growth of this market to some extent. Based on type, thermosetting resin held a major share of the global high growth composite market in 2017. Thermosetting resins are widely used across various applications owing to their superior mechanical properties such as impact resistance and stiffness-to-weight ratio. They are also known for their excellent thermal stability and chemical resistance which makes them suitable for use in aerospace & defense, wind energy, transportation, and other industrial applications. Based on application, aerospace & defense accounted for a major share of the global highgrowth composite market in 2017. Composites are increasingly being used as an alternative material to traditional metals due to their superior properties such as light weighting potentials and corrosion resistance; these benefits have made them popular among aircraft manufacturers worldwide. In addition, composites are also being increasingly used for manufacturing military vehicles owing to their ballistic protection capabilities which offer enhanced safety against enemy fire or improvised explosive devices (IEDs).

Global High Growth Composite Industry Outlook

Product Definition:

A high growth composite is a measure of the average annualized rate of growth in a company's revenues and earnings over a three- to five-year period. It is an important metric for investors because it can indicate whether a company is experiencing sustained high levels of growth.

Thermosetting Resin:

Thermosetting resin is a composite material, which possesses properties such as high strength and rigidity. It also has the ability to retain its shape even after being bent or heated. These resins are widely used in the manufacturing of automotive parts due to their excellent mechanical properties and low maintenance requirements.

Thermoplastic Resin:

Thermoplastic resin is a synthetic material that contains high molecular weight polymers. It has high heat and temperature resistance, flow, and processing ability. Thermoplastic resins are used in the manufacturing of composites to form lightweight components with excellent strength properties.

Application Insights:

Aerospace & defense was the largest application segment in 2017 and is projected to continue its dominance over the forecast period. The product has a high impact resistance, strength, and low density which makes it suitable for use in aircraft components such as turbines, blades, fuselage structures and landing gear doors. It also finds applications in military aircraft components including armored glass used on cockpit windows along with superior heat resistance properties that make them ideal for use as protection against extreme heat conditions.

The wind energy industry is one of the fastest growing segments within the global renewable energy sector owing to an increase in government support for alternative sources of electricity generation other than fossil fuels such as natural gas and coal.

Regional Analysis:

Europe was the largest market for high growth composites in 2016, accounting for a share of over 30%. The aerospace and defense industry is one of the significant sectors in the European economy. Europe’s aerospace & defense sector is expected to grow on account of increasing military expenditure as well as passenger traffic. This will drive demand for aircraft parts, which will have a positive impact on industry growth.

Asia Pacific is anticipated to be one of the fastest-growing markets owing to rapid industrialization along with rising investments in wind energy farms across countries such as China and India. In addition, growing automotive production coupled with increased spending by consumers on passenger cars will fuel product demand over the forecast period.

The Middle East & Africa region accounted for 6% share in 2016.

Growth Factors:

  • Increasing demand from the aerospace and defense industry for lightweight and high-performance materials
  • Growing demand for composites in wind energy applications
  • Rising popularity of electric vehicles, which require lightweight composites for improved performance and efficiency
  • Rapid expansion of the construction sector in developing countries, where there is a growing need for advanced composite materials
  • Increased use of composites in medical implants and other biomedical applications

Scope Of The Report

Report Attributes

Report Details

Report Title

High Growth Composite Market Research Report

By Type

Thermosetting Resin, Thermoplastic Resin, Carbon, Glass, Aramid

By Application

Aerospace & Defense, Wind Energy, Transportation, Sporting Goods

By Companies

Hexcel (US), Hexion (US), General Electric (US), Rolls-Royce (UK), Renegade Materials (US), Strongwell (US), Exel Composites (Finland), Toray Industries (Japan), Teijin (Japan), DAIB Group (Sweden), Celanese (US), PolyOne (US), IDI Composites (US), Solvay Group, UPM Biocomposites (Finland), Weyerhaeuser (US), Citadel Plastics Holdings (US), Huntsman (US)

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global High Growth Composite Market Report Segments:

The global High Growth Composite market is segmented on the basis of:


Thermosetting Resin, Thermoplastic Resin, Carbon, Glass, Aramid

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.


Aerospace & Defense, Wind Energy, Transportation, Sporting Goods

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:

  1. Hexcel (US)
  2. Hexion (US)
  3. General Electric (US)
  4. Rolls-Royce (UK)
  5. Renegade Materials (US)
  6. Strongwell (US)
  7. Exel Composites (Finland)
  8. Toray Industries (Japan)
  9. Teijin (Japan)
  10. DAIB Group (Sweden)
  11. Celanese (US)
  12. PolyOne (US)
  13. IDI Composites (US)
  14. Solvay Group
  15. UPM Biocomposites (Finland)
  16. Weyerhaeuser (US)
  17. Citadel Plastics Holdings (US)
  18. Huntsman (US)

Global High Growth Composite Market Overview

Highlights of The High Growth Composite Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Thermosetting Resin
    2. Thermoplastic Resin
    3. Carbon
    4. Glass
    5. Aramid
  1. By Application:

    1. Aerospace & Defense
    2. Wind Energy
    3. Transportation
    4. Sporting Goods
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the High Growth 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

Global High Growth Composite Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

High growth composite is a term used to describe a type of investment that is designed to provide high returns over the long term. These types of investments typically involve stocks or other securities that are considered to be in high demand, and are therefore likely to experience rapid growth.

Some of the major companies in the high growth composite market are Hexcel (US), Hexion (US), General Electric (US), Rolls-Royce (UK), Renegade Materials (US), Strongwell (US), Exel Composites (Finland), Toray Industries (Japan), Teijin (Japan), DAIB Group (Sweden), Celanese (US), PolyOne (US), IDI Composites (US), Solvay Group, UPM Biocomposites (Finland), Weyerhaeuser (US), Citadel Plastics Holdings (US), Huntsman (US).

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. High Growth 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. High Growth Composite Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. High Growth Composite Market - Supply Chain
   4.5. Global High Growth Composite Market Forecast
      4.5.1. High Growth Composite Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. High Growth Composite Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. High Growth Composite Market Absolute $ Opportunity

5. Global High Growth 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. High Growth Composite Market Size and Volume Forecast by Type
      5.3.1. Thermosetting Resin
      5.3.2. Thermoplastic Resin
      5.3.3. Carbon
      5.3.4. Glass
      5.3.5. Aramid
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global High Growth 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. High Growth Composite Market Size and Volume Forecast by Application
      6.3.1. Aerospace & Defense
      6.3.2. Wind Energy
      6.3.3. Transportation
      6.3.4. Sporting Goods
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global High Growth 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. High Growth 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 High Growth 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. High Growth 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 High Growth Composite Demand Share Forecast, 2019-2029

9. North America High Growth 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 High Growth 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 High Growth Composite Market Size and Volume Forecast by Application
      9.4.1. Aerospace & Defense
      9.4.2. Wind Energy
      9.4.3. Transportation
      9.4.4. Sporting Goods
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America High Growth Composite Market Size and Volume Forecast by Type
      9.7.1. Thermosetting Resin
      9.7.2. Thermoplastic Resin
      9.7.3. Carbon
      9.7.4. Glass
      9.7.5. Aramid
   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 High Growth Composite Demand Share Forecast, 2019-2029

10. Latin America High Growth 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 High Growth 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 High Growth Composite Market Size and Volume Forecast by Application
      10.4.1. Aerospace & Defense
      10.4.2. Wind Energy
      10.4.3. Transportation
      10.4.4. Sporting Goods
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America High Growth Composite Market Size and Volume Forecast by Type
      10.7.1. Thermosetting Resin
      10.7.2. Thermoplastic Resin
      10.7.3. Carbon
      10.7.4. Glass
      10.7.5. Aramid
   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 High Growth Composite Demand Share Forecast, 2019-2029

11. Europe High Growth 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 High Growth 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 High Growth Composite Market Size and Volume Forecast by Application
      11.4.1. Aerospace & Defense
      11.4.2. Wind Energy
      11.4.3. Transportation
      11.4.4. Sporting Goods
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe High Growth Composite Market Size and Volume Forecast by Type
      11.7.1. Thermosetting Resin
      11.7.2. Thermoplastic Resin
      11.7.3. Carbon
      11.7.4. Glass
      11.7.5. Aramid
   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 High Growth Composite Demand Share, 2019-2029

12. Asia Pacific High Growth 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 High Growth 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 High Growth Composite Market Size and Volume Forecast by Application
      12.4.1. Aerospace & Defense
      12.4.2. Wind Energy
      12.4.3. Transportation
      12.4.4. Sporting Goods
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific High Growth Composite Market Size and Volume Forecast by Type
      12.7.1. Thermosetting Resin
      12.7.2. Thermoplastic Resin
      12.7.3. Carbon
      12.7.4. Glass
      12.7.5. Aramid
   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 High Growth Composite Demand Share, 2019-2029

13. Middle East & Africa High Growth 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 High Growth 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 High Growth Composite Market Size and Volume Forecast by Application
      13.4.1. Aerospace & Defense
      13.4.2. Wind Energy
      13.4.3. Transportation
      13.4.4. Sporting Goods
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa High Growth Composite Market Size and Volume Forecast by Type
      13.7.1. Thermosetting Resin
      13.7.2. Thermoplastic Resin
      13.7.3. Carbon
      13.7.4. Glass
      13.7.5. Aramid
   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 High Growth Composite Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global High Growth Composite Market: Market Share Analysis
   14.2. High Growth Composite Distributors and Customers
   14.3. High Growth Composite Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Hexcel (US) Overview Financials Developments Strategic Outlook
      14.4.2. Hexion (US) Overview Financials Developments Strategic Outlook
      14.4.3. General Electric (US) Overview Financials Developments Strategic Outlook
      14.4.4. Rolls-Royce (UK) Overview Financials Developments Strategic Outlook
      14.4.5. Renegade Materials (US) Overview Financials Developments Strategic Outlook
      14.4.6. Strongwell (US) Overview Financials Developments Strategic Outlook
      14.4.7. Exel Composites (Finland) Overview Financials Developments Strategic Outlook
      14.4.8. Toray Industries (Japan) Overview Financials Developments Strategic Outlook
      14.4.9. Teijin (Japan) Overview Financials Developments Strategic Outlook
      14.4.10. DAIB Group (Sweden) Overview Financials Developments Strategic Outlook
      14.4.11. Celanese (US) Overview Financials Developments Strategic Outlook
      14.4.12. PolyOne (US) Overview Financials Developments Strategic Outlook
      14.4.13. IDI Composites (US) Overview Financials Developments Strategic Outlook
      14.4.14. Solvay Group Overview Financials Developments Strategic Outlook
      14.4.15. UPM Biocomposites (Finland) Overview Financials Developments Strategic Outlook
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