Composites Global Market Report 2023 – By Product (Carbon Fiber, Glass Fiber), By Manufacturing Process (Layup Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Compression Molding Process, Resin Transfer Molding Process, Other Processes), By Resin Type (Thermoset Composites, Thermoplastic Composites), By End Use Industry (Aerospace and defense, Wind Energy, Automotive and Transportation, Construction and Infrastructure, Marine, Pipe and Tank, Electrical and Electronics, Other End Users) – Market Size, Trends, And Global Forecast 2023-2032
What is the definition of the composites market?
The composite market consists of the sales of composite materials by entities (organizations, partnerships, and sole proprietors) that refer to the material as a combination of two materials with different physical and chemical properties that have excellent strength-to-weight ratios and durability and are stronger than those individual materials by themselves. Some of the applications for these products include aerospace, automotive, and high-tech electronics. They are corrosion resistant, durable, and have a lighter weight than most metals. request a sample here
How will the composites market drivers and restraints affect composites market dynamics? What forces will shape the composites industry going forward?
The composites market growth is aided by the growth in the automotive and aerospace sectors. request a sample here
What is the forecast market size of the composites market?
The composites market is expected to reach $131.66 billion in 2026 at a rate of 10.64%. request a sample here
How is the composites segmented?
The global composites market is segmented -
1) By Product: Carbon Fiber, Glass Fiber 2) By Manufacturing Process: Layup Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Compression Molding Process, Resin Transfer Molding Process, Others 3) By Resin Type: Thermoset Composites, Thermoplastic Composites 4) By End-Use Industry: Aerospace and Defense, Wind Energy, Automotive and Transportation, Construction and Infrastructure, Marine, Pipe and Tank, Electrical and Electronics, Others request a sample here
Which region has largest share, and what is the market size and growth by geography according to the composites global market report?
Asia-Pacific was the largest region in the composites market in 2021 and is also expected to be the fastest-growing region in the global composites market during the forecast period. request a sample here.
Who are the key players of the composites market?
Top competitors in the composites market are DuPont, Gurit, Henkel Corporation, Hexcel Corporation, Huntsman International LLC., Kineco Limited, Koninklijke Ten Cate BV, Mitsubishi Chemical Holdings Corporation, Nippon Electrical Glass Co. Ltd. (Japan), Owens Corning, SGL Group, Teijin Limited, Toray Industries, Veplas Group, Weyerhaeuser Company, BASF SE, and BGF Industries Inc.request a sample here.
What are the key trends in the composites market?
Major trends influencing the composites market include technological advancements. Technological advancements to reduce composite structural mass are a type of knowledge discovery that advances technology. request a sample here.
What are the major opportunities in the composites market and the approaches companies can take to take advantage of them?
For detail on the future and current opportunities in the global composites market, request a sample here. request a sample here.