The composite film market is expected to grow from USD 230.01 million in 2019 to USD 366.58 million by 2027, at a CAGR of 6% during the forecast period 2020-2027.
A minor constituent reacting with the major constituent and forms an intermetallic phase, which is then dispersed in the major phase is known as composite films. Some of the properties offered by composite films are tenacity, electrical and thermal conductivity, fatigue, strength, density, and corrosion resistance.
The factors influencing the market are increasing demand for lightweight materials and fuel-efficient, and the growing use of composites in the aerospace & defence industry. Rise in demand for smooth surfaces of aircraft and high demand for environmentally-friendly electric vehicles are the factors possessing opportunities for the market growth. The factor hindering the market growth is high risks related to the manufacturing process. Developing low-cost technologies is a major challenge hindering the market growth.
This study delivers a comprehensive analysis of function, resin type, curing type, end-user, and region. The function segment includes surface protection, lightning strike protection. The lightning strike protection segment is anticipated to witness the largest share in the market, owing to its increased demand in the aerospace and defence end-use industry. Based on resin type, the market segment includes epoxy resin. The epoxy resin accounts for the significant market growth, owing to higher demand as they have superior mechanical and physical properties like durability, strength, flexibility, lightweight, and stability. The curing type segment includes out-of-autoclave, autoclave. Autoclave curing type segment is expected to dominate the market, owing to higher demand as it helps in producing high-valve composite films and increasing use in the aerospace industry. Based on end-user, the market is segmented into automotive, defence & aerospace. Defence and aerospace segment is anticipated to hold the largest share in the market, owing to the weight reduction of the required structure and the growing use of composites in aircraft.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America accounts for the largest share in the market, owing to the rising demand for composite films in the aerospace and defence industry. The growing economies in North America, such as Canada and the US are expected to dominate the market growth. The factor for the high consumption of composite films is the economic growth of the nation. Market penetration of composite films in various industries dominated the market in the Asia-Pacific region. Other factors influencing the market in the region are increasing demand for composite films in the automotive, aerospace and defence industry.
Some of the notable players of the market are Henkel AG Co. KGaA, Gurit, Toray Industries, Inc., Solvay, 3M, Axiom Materials Inc., Park Aerospace Corp., Hexcel Corporation, and Socomore. In May 2019, Solvay signed an agreement with Safran for the supply of high-temperature composites that will be used in critical engine composites by Safran.
Composite Film Market, by Function
Composite Film Market, by Resin Type
Composite Film Market, by Curing Type
Composite Film Market, by End-User
Composite Film Market, by Region
Report Description:
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Function
4.3.2. Market Attractiveness Analysis By Resin Type
4.3.3. Market Attractiveness Analysis By Curing Type
4.3.4. Market Attractiveness Analysis By End-User
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Composite Film Market Analysis and Forecast, By Function
6.1. Segment Overview
6.2. Surface Protection
6.3. Lightning Strike Protection
7. Global Composite Film Market Analysis and Forecast, By Resin Type
7.1. Segment Overview
7.2. Epoxy
8. Global Composite Film Market Analysis and Forecast, By Curing Type
8.1. Segment Overview
8.2. Out-of-autoclave
8.3. Autoclave
9. Global Composite Film Market Analysis and Forecast, By End-User
9.1. Segment Overview
9.2. Automotive
9.3. Defence & Aerospace
10. Global Composite Film Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Composite Film Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Composite Film Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Henkel AG Co. KGaA
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Gurit
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Toray Industries, Inc.
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Solvay
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. 3M
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Axiom Materials Inc.
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Park Aerospace Corp.
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Hexcel Corporation
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Socomore
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
List of Table
1. Global Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
2. Global Surface Protection Market, By Region, 2017–2027(USD Million)(Million Square Meter)
3. Global Lightning Strike Protection Market, By Region, 2017–2027(USD Million)(Million Square Meter)
4. Global Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
5. Global Epoxy Composite Film Market, By Region, 2017–2027(USD Million)(Million Square Meter)
6. Global Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
7. Global Out-of-autoclave Composite Film Market, By Region, 2017–2027(USD Million)(Million Square Meter)
8. Global Autoclave Composite Film Market, By Region, 2017–2027(USD Million)(Million Square Meter)
9. Global Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
10. Global Automotive Composite Film Market, By Region, 2017–2027(USD Million)(Million Square Meter)
11. Global Defence & Aerospace Composite Film Market, By Region, 2017–2027(USD Million)(Million Square Meter)
12. Global Composite Film Market, By Region, 2017–2027(USD Million)(Million Square Meter)
13. Global Composite Film Market, By North America, 2017–2027(USD Million)(Million Square Meter)
14. North America Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
15. North America Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
16. North America Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
17. North America Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
18. U.S. Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
19. U.S. Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
20. U.S. Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
21. U.S. Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
22. Canada Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
23. Canada Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
24. Canada Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
25. Canada Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
26. Mexico Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
27. Mexico Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
28. Mexico Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
29. Mexico Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
30. Europe Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
31. Europe Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
32. Europe Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
33. Europe Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
34. Germany Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
35. Germany Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
36. Germany Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
37. Germany Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
38. France Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
39. France Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
40. France Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
41. France Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
42. U.K. Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
43. U.K. Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
44. U.K. Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
45. U.K. Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
46. Italy Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
47. Italy Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
48. Italy Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
49. Italy Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
50. Spain Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
51. Spain Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
52. Spain Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
53. Spain Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
54. Asia Pacific Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
55. Asia Pacific Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
56. Asia Pacific Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
57. Asia Pacific Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
58. Japan Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
59. Japan Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
60. Japan Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
61. Japan Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
62. China Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
63. China Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
64. China Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
65. China Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
66. India Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
67. India Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
68. India Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
69. India Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
70. South America Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
71. South America Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
72. South America Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
73. South America Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
74. Brazil Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
75. Brazil Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
76. Brazil Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
77. Brazil Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
78. Middle East and Africa Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
79. Middle East and Africa Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
80. Middle East and Africa Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
81. Middle East and Africa Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
82. UAE Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
83. UAE Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
84. UAE Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
85. UAE Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
86. South Africa Composite Film Market, By Function, 2017–2027(USD Million)(Million Square Meter)
87. South Africa Composite Film Market, By Resin Type, 2017–2027(USD Million)(Million Square Meter)
88. South Africa Composite Film Market, By Curing Type, 2017–2027(USD Million)(Million Square Meter)
89. South Africa Composite Film Market, By End-User, 2017–2027(USD Million)(Million Square Meter)
List of Figures
1. Global Composite Film Market Segmentation
2. Composite Film Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Composite Film Market Attractiveness Analysis By Function
9. Global Composite Film Market Attractiveness Analysis By Resin Type
10. Global Composite Film Market Attractiveness Analysis By Curing Type
11. Global Composite Film Market Attractiveness Analysis By End-User
12. Global Composite Film Market Attractiveness Analysis By Region
13. Global Composite Film Market: Dynamics
14. Global Composite Film Market Share By Function (2019 & 2027)
15. Global Composite Film Market Share By Resin Type (2019 & 2027)
16. Global Composite Film Market Share By Curing Type (2019 & 2027)
17. Global Composite Film Market Share By End-User (2019 & 2027)
18. Global Composite Film Market Share by Regions (2019 & 2027)
19. Global Composite Film Market Share by Company (2019)
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