Global composites market is expected to reach USD 181.49 billion by 2026, at a CAGR of 9.18% from 2019 to 2026. Factors propelling the growth of the market include high demand in emerging economies for glass fiber reinforced composite pipes, growing demand of lightweight materials from the transportation industry, increasing use of composites in the construction & infrastructure, sewage & water management, and oil & gas industries.
Market Overview:
Composites are natural or synthetic chemicals that are made up of combining two or more materials at the microscopic level having chemically distinct phases. The composites are seen as the replacement for steel due to their higher strength to weight ratio. In addition, the demand for composites has increased in various industries including automotive, construction, aerospace, and wind energy, and others. Furthermore, increased use of composites to enhance fuel-efficiency has increased the market growth.
Report Description:
Global Composites Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment.
Segmentation Analysis:
The composites market is segmented on the basis of type, resin type, manufacturing process, and application.
Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Asia Pacific region held the largest market share of approximately 39.78% in 2018 whereas the North America region held the second dominant position in the global composites market.
Global Composites Market Competitive Analysis:
Key players in the composites market are Owens Corning, Toray Industries, Inc., Teijin Limited, Mitsubishi Chemical Holdings Corporation, SGL Group, Nippon Electric Glass Co. Ltd., Koninklijke Ten Cate BV, Huntsman International LLC., Solvay, Hexcel Corporation, Hexion, DuPont, Weyerhaeuser Company, Chongqing Polycomp International Corporation, Jushi Group Co., Ltd., and others. The Toray Industries, Teijin Limited, Owens Corning, Hexcel Corporation, and Mitsubishi Chemical Holdings Corporation are the top leading players of the market.
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This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Markets has segmented the global composites market on the basis of below-mentioned segments:
Global Composites Market, By Type:
Global Composites Market, By Resin Type:
Global Composites Market, By Manufacturing Process:
Global Composites Market, By Application:
Global Composites Market, By Regions:
1. INTRODUCTION
1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. RESEARCH SCOPE
1.4. CURRENCY
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 TYPE
4.3.2. MARKET ATTRACTIVENESS ANALYSIS BY RESIN TYPE
4.3.3. MARKET ATTRACTIVENESS ANALYSIS BY WIND ENERGY PROCESS
4.3.4. MARKET ATTRACTIVENESS ANALYSIS BY APPLICATION
4.3.5. MARKET ATTRACTIVENESS ANALYSIS BY REGION
4.4. INDUSTRY TRENDS
4.5. INDUSTRY TRENDS
4.6. PESTEL ANALYSIS
4.7. INDUSTRY SWOT ANALYSIS
4.8. INDUSTRY TRENDS
4.9. MICRO AND MACRO FACTORS AFFECTING GLOBAL GLASS MARKET
4.10. PRICING ANALYSIS
4.10.1. PRICING ASSUMPTIONS
4.10.2. PRICE PROJECTIONS PER REGION
4.11. MACRO-ECONOMIC FACTORS
4.11.1. SUPPLY SIDE
4.11.2. DEMAND SIDE
4.12. TRADE MAP ANALYSIS (IMPORT-EXPORT DATA)
4.13. COUNTRY LEVEL ANALYSIS
4.14. PENETRATION & GROWTH PROSPECT MAPPING
4.15. INDUSTRY VALUE CHAIN ANALYSIS
4.15.1. RAW MATERIALS ANALYSIS
4.15.2. SUPPLIER ANALYSIS
4.15.3. END USER ANALYSIS
4.16. CUSTOMERS/BUYERS BY REGIONS
5. MARKET DYNAMICS
5.1. MARKET EVALUATION
5.2. DRIVERS
5.2.1. HIGH DEMAND IN EMERGING ECONOMIES FOR GLASS FIBER REINFORCED COMPOSITE PIPES
5.2.2. GROWING DEMAND OF LIGHTWEIGHT MATERIALS FROM THE TRANSPORTATION INDUSTRY
5.2.3. INCREASING USE OF COMPOSITES IN THE CONSTRUCTION & INFRASTRUCTURE APPLICATIONS
5.2.4. RISING USE OF GLASS FIBER-REINFORCED COMPOSITE PIPES IN THE SEWAGE & WATER MANAGEMENT AND OIL & GAS INDUSTRIES
5.3. RESTRAINTS
5.3.1. ISSUES RELATED TO RECYCLING
5.3.2. HIGH PROCESSING AND WIND ENERGY COST
5.3.3. LACK OF STANDARDIZATION IN WIND ENERGY TECHNOLOGIES
5.4. OPPORTUNITIES
5.5. GROWING ADOPTION OF NATURAL COMPOSITES
5.5.1. INCREASING DEMAND FROM EMERGING ECONOMIES
5.5.2. REDUCTION IN COST OF CARBON FIBERS
5.5.3. HIGH DEMAND FOR GLASS FIBER REINFORCED COMPOSITE PIPES IN EMERGING ECONOMIES
5.6. CHALLENGES
5.6.1. DEVELOPING LOW-COST TECHNOLOGIES
6. GLOBAL COMPOSITES MARKET ANALYSIS AND FORECAST, BY TYPE
6.1. SEGMENT OVERVIEW
6.2. GLASS FIBER
6.3. CARBON FIBER
6.4. OTHER
7. GLOBAL COMPOSITES MARKET ANALYSIS AND FORECAST, BY RESIN TYPE
7.1. SEGMENT OVERVIEW
7.2. THERMOSET COMPOSITES
7.2.1. POLYESTER RESIN
7.2.2. VINYL ESTER RESIN
7.2.3. EPOXY RESIN
7.2.4. POLYURETHANE RESIN
7.2.5. OTHERS
7.3. THERMOPLASTIC COMPOSITES
7.3.1. POLYCARBONATES (PC)
7.3.2. POLYPHENYLENE SULFIDE (PPS)
7.3.3. POLYETHERIMIDE (PEI)
7.3.4. POLYETHER ETHER KETONE (PEEK)
7.3.5. OTHERS
8. GLOBAL COMPOSITES MARKET ANALYSIS AND FORECAST, BY WIND ENERGY PROCESS
8.1. SEGMENT OVERVIEW
8.2. LAYUP PROCESS
8.3. FILAMENT WINDING PROCESS
8.4. INJECTION MOULDING PROCESS
8.5. PULTRUSION PROCESS
8.6. COMPRESSION MOLDING PROCESS
8.7. RESIN TRANSFER MOLDING PROCESS
8.8. OTHER
9. GLOBAL COMPOSITES MARKET ANALYSIS AND FORECAST, BY APPLICATION
9.1. SEGMENT OVERVIEW
9.2. CIVIL ENGINEERING
9.3. TRANSPORTATION
9.4. AEROSPACE & DEFENSE
9.5. WIND ENERGY
9.6. CONSTRUCTION & INFRASTRUCTURE
9.7. ELECTRICAL & ELECTRONICS
9.8. PIPES & TANKS
9.9. MARINE
9.10. OTHERS
10. GLOBAL COMPOSITES 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 COMPOSITES MARKET-COMPETITIVE LANDSCAPE
11.1. OVERVIEW
11.2. MARKET SHARE OF KEY PLAYERS IN THE COMPOSITES 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. OWENS CORNING
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. TORAY INDUSTRIES, INC.
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. TEIJIN LIMITED
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. MITSUBISHI CHEMICAL HOLDINGS CORPORATION
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. SGL GROUP
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. NIPPON ELECTRIC GLASS CO. LTD.
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. KONINKLIJKE TEN CATE BV
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. HUNTSMAN INTERNATIONAL LLC
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. SOLVAY
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
12.10. HEXCEL CORPORATION
12.10.1. BUSINESS OVERVIEW
12.10.2. COMPANY SNAPSHOT
12.10.3. COMPANY MARKET SHARE ANALYSIS
12.10.4. COMPANY PRODUCT PORTFOLIO
12.10.5. RECENT DEVELOPMENTS
12.10.6. SWOT ANALYSIS
12.11. DUPONT
12.11.1. BUSINESS OVERVIEW
12.11.2. COMPANY SNAPSHOT
12.11.3. COMPANY MARKET SHARE ANALYSIS
12.11.4. COMPANY PRODUCT PORTFOLIO
12.11.5. RECENT DEVELOPMENTS
12.11.6. SWOT ANALYSIS
12.12. HEXION
12.12.1. BUSINESS OVERVIEW
12.12.2. COMPANY SNAPSHOT
12.12.3. COMPANY MARKET SHARE ANALYSIS
12.12.4. COMPANY PRODUCT PORTFOLIO
12.12.5. RECENT DEVELOPMENTS
12.12.6. SWOT ANALYSIS
12.13. WEYERHAEUSER COMPANY
12.13.1. BUSINESS OVERVIEW
12.13.2. COMPANY SNAPSHOT
12.13.3. COMPANY MARKET SHARE ANALYSIS
12.13.4. COMPANY PRODUCT PORTFOLIO
12.13.5. RECENT DEVELOPMENTS
12.13.6. SWOT ANALYSIS
12.14. CHONGQING POLYCOMP INTERNATIONAL CORPORATION
12.14.1. BUSINESS OVERVIEW
12.14.2. COMPANY SNAPSHOT
12.14.3. COMPANY MARKET SHARE ANALYSIS
12.14.4. COMPANY PRODUCT PORTFOLIO
12.14.5. RECENT DEVELOPMENTS
12.14.6. SWOT ANALYSIS
12.15. JUSHI GROUP CO., LTD
12.15.1. BUSINESS OVERVIEW
12.15.2. COMPANY SNAPSHOT
12.15.3. COMPANY MARKET SHARE ANALYSIS
12.15.4. COMPANY PRODUCT PORTFOLIO
12.15.5. RECENT DEVELOPMENTS
12.15.6. SWOT ANALYSIS
LIST OF TABLE
LIST OF FIGURES
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