The global marine composites market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for composite materials in the marine industry due to their high strength and durability. The demand for composite materials in powerboats is expected to grow at a CAGR of 5.2% during the forecast period, while that in sailboats is expected to grow at a CAGR of 3%. The demand for composite materials in cruise liners is also expected to grow at a CAGR of 4%. The global marine composites market by type includes glass fiber reinforced plastics (GFRPs), polymer fiber reinforced plastics (PFRPs), and carbon fiber reinforced plastics (CFRPs). GFRPs are used as structural components such as bulkheads, decks, and hulls; PFRPs are used as structural components such as stringers and frames; CFRP are used mainly for decking applications.
Some Of The Growth Factors Of This Market:
- Increasing demand for marine composites in the construction industry is one of the major factors driving the growth of this market.
- The increasing demand for marine composites in the automotive industry is also a factor that will drive this market's growth.
- Increasing use of composite materials in shipbuilding and offshore industries will also fuel this market's growth.
- The increasing use of composite materials in wind turbine blades, solar panels, and other renewable energy sources will also fuel this market's growth.
Industry Growth Insights published a new data on “Marine Composites Market”. The research report is titled “Marine Composites Market research by Types (Glass Fiber Reinforced Plastics (GFRPs), Polymer Fiber Reinforced Plastics (PFRPs), Carbon Fiber Reinforced Plastics (CFRPs), Others), By Applications (Powerboats, Sailboats, Cruise Liner, Others), By Players/Companies Gurit, Owens Corning, Toray, DuPont, Johns Manville, Hexcel Corporation, Cytec Solvay Group, 3A Composites, Future Pipe Industries, SGL Group, National Oilwell Varco, Janicki Industries, Marine Plastics, Jiumei Fiber Glass, PE Composites, Pipe Composites, Aeromarine Industries, Teijin, AGC, Mitsubishi Rayon, PPG, TenCate”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Composites Market Research Report
By Type
Glass Fiber Reinforced Plastics (GFRPs), Polymer Fiber Reinforced Plastics (PFRPs), Carbon Fiber Reinforced Plastics (CFRPs), Others
By Application
Powerboats, Sailboats, Cruise Liner, Others
By Companies
Gurit, Owens Corning, Toray, DuPont, Johns Manville, Hexcel Corporation, Cytec Solvay Group, 3A Composites, Future Pipe Industries, SGL Group, National Oilwell Varco, Janicki Industries, Marine Plastics, Jiumei Fiber Glass, PE Composites, Pipe Composites, Aeromarine Industries, Teijin, AGC, Mitsubishi Rayon, PPG, TenCate
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Marine Composites Market Report Segments:
The global Marine Composites market is segmented on the basis of:
Types
Glass Fiber Reinforced Plastics (GFRPs), Polymer Fiber Reinforced Plastics (PFRPs), Carbon Fiber Reinforced Plastics (CFRPs), 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
Powerboats, Sailboats, Cruise Liner, 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:
- Gurit
- Owens Corning
- Toray
- DuPont
- Johns Manville
- Hexcel Corporation
- Cytec Solvay Group
- 3A Composites
- Future Pipe Industries
- SGL Group
- National Oilwell Varco
- Janicki Industries
- Marine Plastics
- Jiumei Fiber Glass
- PE Composites
- Pipe Composites
- Aeromarine Industries
- Teijin
- AGC
- Mitsubishi Rayon
- PPG
- TenCate
Highlights of The Marine 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:
- Glass Fiber Reinforced Plastics (GFRPs)
- Polymer Fiber Reinforced Plastics (PFRPs)
- Carbon Fiber Reinforced Plastics (CFRPs)
- Others
- By Application:
- Powerboats
- Sailboats
- Cruise Liner
- 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 Marine 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?
Marine Composites is a type of composite material that is used to make boats, ships, and other marine equipment. Marine composites are made from a variety of materials, including plastics and metal alloys. They are often lighter than traditional materials, which makes them easier to transport and use in construction projects.
Some of the major players in the marine composites market are Gurit, Owens Corning, Toray, DuPont, Johns Manville, Hexcel Corporation, Cytec Solvay Group, 3A Composites, Future Pipe Industries, SGL Group, National Oilwell Varco, Janicki Industries, Marine Plastics, Jiumei Fiber Glass, PE Composites, Pipe Composites, Aeromarine Industries, Teijin, AGC, Mitsubishi Rayon, PPG, TenCate.
The marine composites market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marine 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. Marine Composites Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marine Composites Market - Supply Chain
4.5. Global Marine Composites Market Forecast
4.5.1. Marine Composites Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Composites Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Composites Market Absolute $ Opportunity
5. Global Marine 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. Marine Composites Market Size and Volume Forecast by Type
5.3.1. Glass Fiber Reinforced Plastics (GFRPs)
5.3.2. Polymer Fiber Reinforced Plastics (PFRPs)
5.3.3. Carbon Fiber Reinforced Plastics (CFRPs)
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine 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. Marine Composites Market Size and Volume Forecast by Application
6.3.1. Powerboats
6.3.2. Sailboats
6.3.3. Cruise Liner
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine 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. Marine 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 Marine 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. Marine 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 Marine Composites Demand Share Forecast, 2019-2026
9. North America Marine 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 Marine 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 Marine Composites Market Size and Volume Forecast by Application
9.4.1. Powerboats
9.4.2. Sailboats
9.4.3. Cruise Liner
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Composites Market Size and Volume Forecast by Type
9.7.1. Glass Fiber Reinforced Plastics (GFRPs)
9.7.2. Polymer Fiber Reinforced Plastics (PFRPs)
9.7.3. Carbon Fiber Reinforced Plastics (CFRPs)
9.7.4. Others
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 Marine Composites Demand Share Forecast, 2019-2026
10. Latin America Marine 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 Marine 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 Marine Composites Market Size and Volume Forecast by Application
10.4.1. Powerboats
10.4.2. Sailboats
10.4.3. Cruise Liner
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Composites Market Size and Volume Forecast by Type
10.7.1. Glass Fiber Reinforced Plastics (GFRPs)
10.7.2. Polymer Fiber Reinforced Plastics (PFRPs)
10.7.3. Carbon Fiber Reinforced Plastics (CFRPs)
10.7.4. Others
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 Marine Composites Demand Share Forecast, 2019-2026
11. Europe Marine 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 Marine 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 Marine Composites Market Size and Volume Forecast by Application
11.4.1. Powerboats
11.4.2. Sailboats
11.4.3. Cruise Liner
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Composites Market Size and Volume Forecast by Type
11.7.1. Glass Fiber Reinforced Plastics (GFRPs)
11.7.2. Polymer Fiber Reinforced Plastics (PFRPs)
11.7.3. Carbon Fiber Reinforced Plastics (CFRPs)
11.7.4. Others
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 Marine Composites Demand Share, 2019-2026
12. Asia Pacific Marine 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 Marine 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 Marine Composites Market Size and Volume Forecast by Application
12.4.1. Powerboats
12.4.2. Sailboats
12.4.3. Cruise Liner
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Composites Market Size and Volume Forecast by Type
12.7.1. Glass Fiber Reinforced Plastics (GFRPs)
12.7.2. Polymer Fiber Reinforced Plastics (PFRPs)
12.7.3. Carbon Fiber Reinforced Plastics (CFRPs)
12.7.4. Others
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 Marine Composites Demand Share, 2019-2026
13. Middle East & Africa Marine 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 Marine 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 Marine Composites Market Size and Volume Forecast by Application
13.4.1. Powerboats
13.4.2. Sailboats
13.4.3. Cruise Liner
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Composites Market Size and Volume Forecast by Type
13.7.1. Glass Fiber Reinforced Plastics (GFRPs)
13.7.2. Polymer Fiber Reinforced Plastics (PFRPs)
13.7.3. Carbon Fiber Reinforced Plastics (CFRPs)
13.7.4. Others
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 Marine Composites Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Composites Market: Market Share Analysis
14.2. Marine Composites Distributors and Customers
14.3. Marine Composites Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gurit
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Owens Corning
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Toray
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DuPont
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Johns Manville
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hexcel Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cytec Solvay Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. 3A Composites
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Future Pipe Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SGL Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. National Oilwell Varco
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Janicki Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Marine Plastics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jiumei Fiber Glass
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. PE Composites
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Pipe Composites
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Aeromarine Industries
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Teijin
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. AGC
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Mitsubishi Rayon
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook