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Published Date: 2017-06-07Number of Pages: 206

Composites Market (Product - Polymer Matrix Composite (Carbon Fiber Reinforced Plastic, Glass Fiber Reinforced Plastic, and Aramid Fiber Composites), Metal Matrix Composites, and Ceramic Matrix Composites; Technology – Pultrusion Process, Layup process, Filament Winding, Compression Molding, Injection Molding, Resin Transfer Molding, Automated Fiber Placement, and Automated Tape Laying; Application – Automotive & Transportation (Interior, Exterior, Power Train Components, Brake Pads, Chassis), Construction, Aerospace & Defense, Electrical & Electronics, Marine & Oil & Gas (Pipes and Top Side Application), Wind Energy, and Consumer Goods) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Global Composites Market: Snapshot

Growing demand for lightweight materials for automotive and aircraft components and escalating demand for wind energy is anticipated to drive the global composites market for the next few years. With the growing need for lightweight and high strength material in automotive, aerospace, and wind mill applications; demand for carbon fiber is constantly increasing. This is due to the exclusive properties of carbon fiber such as high tensile strength, stiffness, and temperature tolerance and low thermal expansion and weight. However, the expensive nature of carbon fiber is restricting its use in many applications. Carbon fiber composites currently cost nearly four times the cost of steel. Therefore, reducing the price of carbon fibers is likely to offer lucrative opportunities for composite manufacturers.

Owing to these reasons, the global composites market is expected to surge at a CAGR of 8.9% between 2017 and 2025 to reach a valuation of US$101.88 bn by the end of 2025 from US$47.32 bn in 2016.

composites market

 

Polymer Matrix Composite to Remain Key Product in Global Market

Composites market is segmented on the basis of product as polymer matrix composite, metal matrix composite, and ceramic matrix composite. In terms of value and volume, polymer matrix composite segment dominated the global composites market in 2016. It accounted for more than 95% volume share in 2016. Metal matrix composites offer some advantages over the polymer matrix composites such as greater resistance to degradation by organic fluids and higher operating temperatures. These composites are also more expensive and therefore offer restricted usage. Ceramic materials are naturally resistant to oxidation and deterioration at raised temperatures.

Automotive and transportation, construction, aerospace and defense, electrical and electronics, marine and oil and gas, wind energy, and others. Of these, the automotive and transportation application segment held more than 25% volume share in the global composites market in 2016. On the other hand, the aerospace and defense is another application segment which held relatively significant share in the global composites market in 2016. Composites also provide greater flexibility because the material can be tailored to meet the design requirements and because they offer significant weight advantages. Composite materials used in aircrafts are generally reinforced fibers or filaments embedded in a resin matrix. In terms of technology, layup process segment generated high sales in 2016. However, it is anticipated to lose its market share by 2025 on account of the growing demand for low-cost manufacturing processes.

North America to Lead the Pack as Region Shows Higher Adoption of Technological Advancements

North America dominated the global composites market and held nearly 40% volume share in 2016. Asia Pacific is the anticipated to witness a CAGR of 9.0% by volume and likely to remain an attractive market for composites. This is on account of rapidly developing technological advancements and the adaptation of composites in applications such as automotive and wind turbine blades. Europe being a major manufacturer of premium cars, is an attractive market for composites. On account of the increasing use of composites in next-generation aircrafts, the aerospace segment in Europe is predicted to offer lucrative opportunities witnessing a CAGR of 8.6%, during the forecast period.

Some of the key players in the composites market include Toray Industries, Owens Corning, Teijin Limited, Hexcel Corporation, TPI Composites, Inc, Faurecia, Performance Composites Inc., Enduro Composites, Inc., KINECO, APPLIED POLERAMIC INC., Hexagon Composites, Creative Composites Ltd., and HITCO Carbon Composites, Inc.

1. Preface
     1.1. Report Scope and Market Segmentation 
     1.2. Research Highlights

2. Assumptions and Research Methodology
     2.1. Assumptions and Acronyms Used
     2.2. Research Methodology

3. Executive Summary
     3.1. Market Size, Indicative (US$ Mn)
     3.2. Top 3 Trends

4. Market Overview
     4.1. Composites Market Overview
     4.2. Key Industry Developments
     4.3. Market Indicators
     4.4. Drivers and Restraints Analysis
             4.4.1. Drivers
             4.4.2. Restraints
             4.4.3. Opportunities
     4.5. Global Composites Market Analysis and Forecast 
     4.6. Composites Market - Global Supply Demand Scenario
     4.7. Porter’s Analysis
             4.7.1. Threat of Substitutes
             4.7.2. Bargaining Power of Buyers
             4.7.3. Bargaining Power of Suppliers
             4.7.4. Threat of New Entrants
             4.7.5. Degree of Competition
     4.8. Value Chain Analysis
     4.9. Future of Composites in Drill Pipes

5. Composites Market Analysis, by Product
     5.1. Key Findings
     5.2. Introduction
     5.3. Composites Market Value Share Analysis, by Product
     5.4. Composites Market Forecast, by Product
             5.4.1. CFRP, 2016 – 2025
             5.4.2. GFRP, 2016 – 2025
             5.4.3. Others, 2016 – 2025
     5.5. Comparison Matrix
     5.6. Market Attractiveness Analysis, by Product

6. Composites Market Analysis, by Technology
     6.1. Key Findings
     6.2. Introduction
     6.3. Composites Market Value Share Analysis, by Technology
     6.4. Composites Market Forecast, by Technology
             6.4.1. Pultrusion Process, 2016 – 2025
             6.4.2. Layup Process, 2016 – 2025
             6.4.3. Filament Winding, 2016 – 2025
             6.4.4. Compression Molding, 2016 – 2025
             6.4.5. Injection Molding, 2016 – 2025
             6.4.6. Resin Transfer Molding, 2016 – 2025
             6.4.7. Others, 2016 – 2025
     6.5. Market Attractiveness Analysis, by Technology

7. Composites Market Analysis, by Application
     7.1. Key Findings
     7.2. Introduction
     7.3. Composites Market Value Share Analysis, by Application
     7.4. Composites Market Forecast, by Application
             7.4.1. Automotive & Transportation, 2016 – 2025
                      7.4.1.1. Interior
                      7.4.1.2. Exterior
                      7.4.1.3. Power Train Components
                      7.4.1.4. Others
             7.4.2. Construction, 2016 – 2025
             7.4.3. Aerospace & Defense, 2016 – 2025
             7.4.4. Electrical & Electronics, 2016 – 2025
             7.4.5. Marine & Oil & Gas, 2016 – 2025
                      7.4.5.1. Pipes
                      7.4.5.2. Others
             7.4.6. Wind Energy, 2016 – 2025
             7.4.7. Others, 2016 – 2025
     7.5. Comparison Matrix
     7.6. Market Attractiveness Analysis, by Application

8. Composites Market Analysis, by Region
     8.1. Composites Market Value Share Analysis, by Region
     8.2. Composites Market Forecast, by Region
             8.2.1. North America 
             8.2.2. Europe 
             8.2.3. Asia Pacific 
             8.2.4. Latin America
             8.2.5. Middle East & Africa
     8.3. Market Attractiveness Analysis, by Region

9. North America Composites Market Analysis
     9.1. Key Findings
     9.2. North America Composites Market Overview
     9.3. North America Composites Market Value Share Analysis, by Product
     9.4. North America Composites Market Forecast, by Product
             9.4.1. CFRP, 2016 – 2025
             9.4.2. GFRP, 2016 – 2025
             9.4.3. Others, 2016 – 2025
     9.5. North America Composites Market Value Share Analysis, by Technology
     9.6. North America Composites Market Forecast, by Technology
             9.6.1. Pultrusion Process, 2016 – 2025
             9.6.2. Layup Process, 2016 – 2025
             9.6.3. Filament Winding, 2016 – 2025
             9.6.4. Compression Molding, 2016 – 2025
             9.6.5. Injection Molding, 2016 – 2025
             9.6.6. Resin Transfer Molding, 2016 – 2025
             9.6.7. Others, 2016 – 2025
     9.7. North America Composites Market Value Share Analysis, by Application
     9.8. North America Composites Market Forecast, by Application
             9.8.1. Automotive & Transportation, 2016 – 2025
                      9.8.1.1. Interior
                      9.8.1.2. Exterior
                      9.8.1.3. Power Train Components
                      9.8.1.4. Others
             9.8.2. Construction, 2016 – 2025
             9.8.3. Aerospace & Defense, 2016 – 2025
             9.8.4. Electrical & Electronics, 2016 – 2025
             9.8.5. Marine & Oil & Gas, 2016 – 2025
                      9.8.5.1. Pipes
                      9.8.5.2. Others
             9.8.6. Wind Energy, 2016 – 2025
             9.8.7. Others, 2016 – 2025
     9.9. North America Composites Market Value Share Analysis, by Country
     9.10. North America Composites Market Forecast, by Country
             9.10.1. U.S., 2016 – 2025
             9.10.2. Canada, 2016 – 2025
     9.11. North America Composites Market Attractiveness Analysis
             9.11.1. By Product
             9.11.2. By Application

10. Europe Composites Market Analysis
     10.1. Key Findings
     10.2. Europe Composites Market Overview
     10.3. Europe Composites Market Value Share Analysis, by Product
     10.4. Europe Composites Market Forecast, by Product
             10.4.1. CFRP, 2016 – 2025
             10.4.2. GFRP, 2016 – 2025
             10.4.3. Others, 2016 – 2025
     10.5. Europe Composites Market Value Share Analysis, by Technology
     10.6. Europe Composites Market Forecast, by Technology
             10.6.1. Pultrusion Process, 2016 – 2025
             10.6.2. Layup Process, 2016 – 2025
             10.6.3. Filament Winding, 2016 – 2025
             10.6.4. Compression Molding, 2016 – 2025
             10.6.5. Injection Molding, 2016 – 2025
             10.6.6. Resin Transfer Molding, 2016 – 2025
             10.6.7. Others, 2016 – 2025
     10.7. Europe Composites Market Value Share Analysis, by Application
     10.8. Europe Composites Market Forecast, by Application
             10.8.1. Automotive & Transportation, 2016 – 2025
                      10.8.1.1. Interior
                      10.8.1.2. Exterior
                      10.8.1.3. Power Train Components
                      10.8.1.4. Others
             10.8.2. Construction, 2016 – 2025
             10.8.3. Aerospace & Defense, 2016 – 2025
             10.8.4. Electrical & Electronics, 2016 – 2025
             10.8.5. Marine & Oil & Gas, 2016 – 2025
                      10.8.5.1. Pipes
                      10.8.5.2. Others
             10.8.6. Wind Energy, 2016 – 2025
             10.8.7. Others, 2016 – 2025
     10.9. Europe Composites Market Value Share Analysis, by Country
     10.10. Europe Composites Market Forecast, by Country
             10.10.1. France, 2016 – 2025
             10.10.2. Germany, 2016 – 2025
             10.10.3. Italy, 2016 – 2025
             10.10.4. Spain, 2016 – 2025
             10.10.5. U.K., 2016 – 2025
             10.10.6. Rest of Europe, 2016 – 2025
     10.11. Europe Composites Market Attractiveness Analysis
             10.11.1. By Product
             10.11.2. By Application

11. Asia Pacific Composites Market Analysis
     11.1. Key Findings
     11.2. Asia Pacific Composites Market Overview
     11.3. Asia Pacific Composites Market Value Share Analysis, by Product
     11.4. Asia Pacific Composites Market Forecast, by Product
             11.4.1. CFRP, 2016 – 2025
             11.4.2. GFRP, 2016 – 2025
             11.4.3. Others, 2016 – 2025
     11.5. Asia Pacific Composites Market Value Share Analysis, by Technology
     11.6. Asia Pacific Composites Market Forecast, by Technology
             11.6.1. Pultrusion Process, 2016 – 2025
             11.6.2. Layup Process, 2016 – 2025
             11.6.3. Filament Winding, 2016 – 2025
             11.6.4. Compression Molding, 2016 – 2025
             11.6.5. Injection Molding, 2016 – 2025
             11.6.6. Resin Transfer Molding, 2016 – 2025
             11.6.7. Others, 2016 – 2025
     11.7. Asia Pacific Composites Market Value Share Analysis, by Application
     11.8. Asia Pacific Composites Market Forecast, by Application
             11.8.1. Automotive & Transportation, 2016 – 2025
                      11.8.1.1. Interior
                      11.8.1.2. Exterior
                      11.8.1.3. Power Train Components
                      11.8.1.4. Others
             11.8.2. Construction, 2016 – 2025
             11.8.3. Aerospace & Defense, 2016 – 2025
             11.8.4. Electrical & Electronics, 2016 – 2025
             11.8.5. Marine & Oil & Gas, 2016 – 2025
                      11.8.5.1. Pipes
                      11.8.5.2. Others
             11.8.6. Wind Energy, 2016 – 2025
             11.8.7. Others, 2016 – 2025
     11.9. Asia Pacific Composites Market Value Share Analysis, by Country
     11.10. Asia Pacific Composites Market Forecast, by Country
             11.10.1. China, 2016 – 2025
             11.10.2. India, 2016 – 2025
             11.10.3. Japan, 2016 – 2025
             11.10.4. ASEAN, 2016 – 2025
             11.10.5. Rest of Asia Pacific, 2016 – 2025
     11.11. Asia Pacific Composites Market Attractiveness Analysis
             11.11.1. By Product
             11.11.2. By Application

12. Latin America Composites Market Analysis
     12.1. Key Findings
     12.2. Latin America Composites Market Overview
     12.3. Latin America Composites Market Value Share Analysis, by Product
     12.4. Latin America Composites Market Forecast, by Product
             12.4.1. CFRP, 2016 – 2025
             12.4.2. GFRP, 2016 – 2025
             12.4.3. Others, 2016 – 2025
     12.5. Latin America Composites Market Value Share Analysis, by Technology
     12.6. Latin America Composites Market Forecast, by Technology
             12.6.1. Pultrusion Process, 2016 – 2025
             12.6.2. Layup Process, 2016 – 2025
             12.6.3. Filament Winding, 2016 – 2025
             12.6.4. Compression Molding, 2016 – 2025
             12.6.5. Injection Molding, 2016 – 2025
             12.6.6. Resin Transfer Molding, 2016 – 2025
             12.6.7. Others, 2016 – 2025
     12.7. Latin America Composites Market Value Share Analysis, by Application
     12.8. Latin America Composites Market Forecast, by Application
             12.8.1. Automotive & Transportation, 2016 – 2025
                      12.8.1.1. Interior
                      12.8.1.2. Exterior
                      12.8.1.3. Power Train Components
                      12.8.1.4. Others
             12.8.2. Construction, 2016 – 2025
             12.8.3. Aerospace & Defense, 2016 – 2025
             12.8.4. Electrical & Electronics, 2016 – 2025
             12.8.5. Marine & Oil & Gas, 2016 – 2025
                      12.8.5.1. Pipes
                      12.8.5.2. Others
             12.8.6. Wind Energy, 2016 – 2025
             12.8.7. Others, 2016 – 2025
     12.9. Latin America Composites Market Value Share Analysis, by Country
     12.10. Latin America Composites Market Forecast, by Country
             12.10.1. Brazil, 2016 – 2025
             12.10.2. Mexico, 2016 – 2025
             12.10.3. Rest of Latin America, 2016 – 2025
     12.11. Latin America Composites Market Attractiveness Analysis
             12.11.1. By Product
             12.11.2. By Application

13. Middle East & Africa Composites Market Analysis
     13.1. Key Findings
     13.2. Middle East & Africa Composites Market Overview
     13.3. Middle East & Africa Composites Market Value Share Analysis, by Product
     13.4. Middle East & Africa Composites Market Forecast, by Product
             13.4.1. CFRP, 2016 – 2025
             13.4.2. GFRP, 2016 – 2025
             13.4.3. Others, 2016 – 2025
     13.5. Middle East & Africa Composites Market Value Share Analysis, by Technology
     13.6. Middle East & Africa Composites Market Forecast, by Technology
             13.6.1. Pultrusion Process, 2016 – 2025
             13.6.2. Layup Process, 2016 – 2025
             13.6.3. Filament Winding, 2016 – 2025
             13.6.4. Compression Molding, 2016 – 2025
             13.6.5. Injection Molding, 2016 – 2025
             13.6.6. Resin Transfer Molding, 2016 – 2025
             13.6.7. Others, 2016 – 2025
     13.7. Middle East & Africa Composites Market Value Share Analysis, by Application
     13.8. Middle East & Africa Composites Market Forecast, by Application
             13.8.1. Automotive & Transportation, 2016 – 2025
                      13.8.1.1. Interior
                      13.8.1.2. Exterior
                      13.8.1.3. Power Train Components
                      13.8.1.4. Others
             13.8.2. Construction, 2016 – 2025
             13.8.3. Aerospace & Defense, 2016 – 2025
             13.8.4. Electrical & Electronics, 2016 – 2025
             13.8.5. Marine & Oil & Gas, 2016 – 2025
                      13.8.5.1. Pipes
                      13.8.5.2. Others
             13.8.6. Wind Energy, 2016 – 2025
             13.8.7. Others, 2016 – 2025
     13.9. Middle East & Africa Composites Market Value Share Analysis, by Country
     13.10. Middle East & Africa Composites Market Forecast, by Country
             13.10.1. GCC, 2016 – 2025
             13.10.2. South Africa, 2016 – 2025
             13.10.3. Rest of Middle East & Africa, 2016 – 2025
     13.11. Middle East & Africa Composites Market Attractiveness Analysis
             13.11.1. By Product
             13.11.2. By Application

14. Competition Landscape
     14.1. Competition Matrix     
     14.2. Composites Market Share Analysis by Company (2016)
     14.3. Company Profiles
             14.3.1. Hexcel Corporation  
                      14.3.1.1. Company Description
                      14.3.1.2. Business Overview
                      14.3.1.3. SWOT Analysis
                      14.3.1.4. Financial Details
                      14.3.1.5. Strategic Overview
             14.3.2. TPI Composites, Inc  
                      14.3.2.1. Company Description
                      14.3.2.2. Business Overview
                      14.3.2.3. SWOT Analysis
                      14.3.2.4. Financial Details
                      14.3.2.5. Strategic Overview
             14.3.3. Owens Corning
                      14.3.3.1. Company Description
                      14.3.3.2. Business Overview
                      14.3.3.3. SWOT Analysis
                      14.3.3.4. Financial Details
                      14.3.3.5. Strategic Overview
             14.3.4. Teijin Limited  
                      14.3.4.1. Company Description
                      14.3.4.2. Business Overview
                      14.3.4.3. SWOT Analysis
                      14.3.4.4. Financial Details
                      14.3.4.5. Strategic Overview
             14.3.5. Faurecia
                      14.3.5.1. Company Description
                      14.3.5.2. Business Overview
                      14.3.5.3. SWOT Analysis
                      14.3.5.4. Financial Details
             14.3.6. Performance Composites Inc. 
                      14.3.6.1. Company Description
                      14.3.6.2. Business Overview
             14.3.7. Excel Industries Limited 
                      14.3.7.1. Company Description
                      14.3.7.2. Business Overview
                      14.3.7.3. Strategic Overview
             14.3.8. Enduro Composites, Inc. 
                      14.3.8.1. Company Description
                      14.3.8.2. Business Overview
             14.3.9. Wethje Carbon Composites
                      14.3.9.1. Company Description
                      14.3.9.2. Business Overview
             14.3.10. VELLO NORDIC AS
                      14.3.10.1. Company Description
                      14.3.10.2. Business Overview
             14.3.11. Fiberdur GmbH & Co. KG 
                      14.3.11.1. Company Description
                      14.3.11.2. Business Overview
             14.3.12. Akiet B.V. 
                      14.3.12.1. Company Description
                      14.3.12.2. Business Overview
             14.3.13. FILL GESELLSCHAFT M.B.H. 
                      14.3.13.1. Company Description
                      14.3.13.2. Business Overview
             14.3.14. Toray Industries 
                      14.3.14.1. Company Description
                      14.3.14.2. Business Overview
                      14.3.14.3. SWOT Analysis
                      14.3.14.4. Financial Details
                      14.3.14.5. Strategic Overview
             14.3.15. APPLIED POLERAMIC INC.
                      14.3.15.1. Company Description
                      14.3.15.2. Business Overview
                      14.3.15.3. Strategic Overview
             14.3.16. Hexagon Composites 
                      14.3.16.1. Company Description
                      14.3.16.2. Business Overview
                      14.3.16.3. SWOT Analysis
                      14.3.16.4. Financial Details
                      14.3.16.5. Strategic Overview
             14.3.17. KINECO 
                      14.3.17.1. Company Description
                      14.3.17.2. Business Overview
                      14.3.17.3. Strategic Overview
             14.3.18. Creative Composites Ltd. 
                      14.3.18.1. Company Description
                      14.3.18.2. Business Overview
                      14.3.18.3. Strategic Overview
             14.3.19. HITCO Carbon Composites, Inc.
                      14.3.19.1. Company Description
                      14.3.19.2. Business Overview
                      14.3.19.3. Strategic Overview
             14.3.20. The Quadrant Group of Companies
                      14.3.20.1. Company Description
                      14.3.20.2. Business Overview
                      14.3.20.3. Strategic Overview
             14.3.21. Kangde Xin Composite Material Group Co., Ltd
                      14.3.21.1. Company Description
                      14.3.21.2. Business Overview
                      14.3.21.3. Strategic Overview
             14.3.22. BGF Industries, Inc. 
                      14.3.22.1. Company Description
                      14.3.22.2. Business Overview
                      14.3.22.3. Strategic Overview
             14.3.23. FACC AG
                      14.3.23.1. Company Description
                      14.3.23.2. Business Overview
                      14.3.23.3. SWOT Analysis
                      14.3.23.4. Financial Details
                      14.3.23.5. Strategic Overview
             14.3.24. Premium Aerotec
                      14.3.24.1. Company Description
                      14.3.24.2. Business Overview
                      14.3.24.3. Strategic Overview
             14.3.25. Fokker Aerostructures
                      14.3.25.1. Company Description
                      14.3.25.2. Business Overview
                      14.3.25.3. Strategic Overview
             14.3.26. COTESA GmbH
                      14.3.26.1. Company Description
                      14.3.26.2. Business Overview
                      14.3.26.3. Strategic Overview
             14.3.27. PLASAN CARBON COMPOSITES
                      14.3.27.1. Company Description
                      14.3.27.2. Business Overview
                      14.3.27.3. Strategic Overview

15. Key Takeaways

List of Figures

Figure 1: Global Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2016–2025
Figure 2: Global Composites Average Selling Prices, by Product Type (US$/ton), 2016
Figure 3: Global Composites Market Value Share Analysis, by Product, 2016 and 2025
Figure 4: Global Composites Market Value Share Analysis, by Product, 2016 and 2025
Figure 5: Composites Market Attractiveness Analysis, by Product
Figure 6: Composites Market Attractiveness Analysis, by Product
Figure 7: Global Composites Market Value Share Analysis, by Technology, 2016 and 2025
Figure 8: Global Composites Market Attractiveness Analysis, by Technology
Figure 9: Global Composites Market Value Share Analysis, by Application, 2016 and 2025
Figure 10: Composites Market, for Automotive & Transportation
Figure 11: Composites Market, for Construction
Figure 12: Composites Market, for Aerospace & Defense
Figure 13: Composites Market, for Electrical & Electronics
Figure 14: Composites Market, for Marine and Oil & Gas
Figure 15: Composites Market, for Wind Energy
Figure 16: Composites Market, for Others
Figure 17: Composites Market Attractiveness Analysis,
Figure 18: Global Composites Market Value Share Analysis, by Region, 2016 and 2025
Figure 19: Composites Market Attractiveness Analysis, 
Figure 20: North America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2016–2025
Figure 21: North America Composites Market Attractiveness Analysis, by Country
Figure 22: North America Composites Market Value Share Analysis, by Product, 2016 and 2025
Figure 23: North America Composites Market Value Share Analysis, by PMC Segment, 2016 and 2025
Figure 24: North America Composites Market Value Share Analysis, by Application, 2016 and 2025
Figure 25: North America Composites Market Value Share Analysis, by Country, 2016 and 2025
Figure 26: Europe Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2016–2025
Figure 27: Europe Composites Market Attractiveness Analysis, by Country, 2016
Figure 28: Europe Composites Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 29: Europe Composites Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 30: Europe Composites Market Value Share Analysis, by Application, 2016 and 2025
Figure 31: Europe Composites Market Value Share Analysis, by Country, 2016 and 2025
Figure 32: Asia Pacific Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2016–2025
Figure 33: Asia Pacific Composites Market Attractiveness Analysis, by Country
Figure 34: Asia Pacific Composites Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 35: Asia Pacific Composites Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 36: Asia Pacific Composites Market Value Share Analysis, by Application, 2016 and 2025
Figure 37: Asia Pacific Composites Market Value Share Analysis, by Country, 2016 and 2025
Figure 38: Latin America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2016–2025
Figure 39: Latin America Composites Market Attractiveness Analysis, by Country
Figure 40: Latin America Composites Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 41: Latin America Composites Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 42: Latin America Composites Market Value Share Analysis, by Application, 2016 and 2025
Figure 43: Latin America Composites Market Value Share Analysis, by Country, 2016 and 2025
Figure 44: Middle East & Africa Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2016–2025
Figure 45: Middle East & Africa Composites Market Attractiveness Analysis, by Country
Figure 46: Middle East & Africa Composites Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 47: Middle East & Africa Composites Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 48: Middle East & Africa Composites Market Value Share Analysis, by Application, 2016 and 2025
Figure 49: Middle East & Africa Composites Market Value Share Analysis, by Country, 2016 and 2025

 

List of Tables

Table 1: Global Composites Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 2: Global Composites Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 3: Global Composites Market Size (US$ Mn) and Volume (Tons) Forecast, by Technology, 2016 - 2025
Table 4: Global Composites Market Size (US$ Mn) and Volume (Tons) Forecast, by Technology, 2016–2025
Table 5: Global Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016–2025
Table 6: Globe Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, for Automotive & Transportation Application, 2016–2025
Table 7: Globe Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, for Marine and Oil & Gas Application, 2016–2025
Table 8: Global Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Region, 2016–2025
Table 9: North America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product, 2016–2025
Table 10: North America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by PMC Segment, 2016–2025
Table 11: North America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016–2025
Table 12: North America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Marine and Oil & Gas Segment, 2016–2025
Table 13: North America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Automotive & Transportation Segment, 2016–2025
Table 14: North America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
Table 15: Europe Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product, 2016–2025
Table 16: Europe Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product, PMC, 2016–2025
Table 17: Europe Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016–2025
Table 18: Europe Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, for Marine and Oil & Gas Application, 2016–2025
Table 19: Europe Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, for Automotive & Transportation Application, 2016–2025
Table 20: Europe Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
Table 21: Asia Pacific Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product, 2016–2025
Table 22: Asia Pacific Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product, PMC, 2016–2025
Table 23: Asia Pacific Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016–2025
Table 24: Asia Pacific Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, for Marine and Oil & Gas Application, 2016–2025
Table 25: Asia Pacific Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, for Automotive & Transportation Application, 2016–2025
Table 26: Asia Pacific Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
Table 27: Latin America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product Type, 2016–2025
Table 28: Latin America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product, PMC,  2016–2025
Table 29: Latin America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016–2025
Table 30: Latin America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, for Marine and Oil & Gas Application, 2016–2025
Table 31: Latin America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, for Automotive & Transportation Application, 2016–2025
Table 32: Latin America Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
Table 33: Middle East & Africa Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product, 2016–2025
Table 34: Middle East & Africa Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product, PMC, 2016–2025
Table 35: Middle East & Africa Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016–2025
Table 36: Middle East & Africa Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, for Marine and Oil & Gas Application, 2016–2025
Table 37: Middle East & Africa Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, for Automotive & Transportation Application, 2016–2025
Table 38: Middle East & Africa Composites Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024

Global Composite Market: Overview

Composite is a multiphase material exhibiting a significant properties of both constituent phases. It consists of a continuous phase called matrix and a dispersed phase reinforcement. It is commercially available in different product types such as polymer matrix composite, metal matrix composite, and ceramic matrix composite. In terms of application, automotive & transportation and aerospace & defense held majority share in the global composites market in 2016. Rising demand from these end user industries is anticipated to fuel the composites market during the forecast period.

This study analyzes, estimates, and forecasts the global composites market in terms of volume (Kilo tons) and revenue (US$ Mn) from 2016 to 2025. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

Global Composite Market: Applications

The report provides a detailed view of the composites market based on applications. Key applications included in the report are automotive & transportation, construction, aerospace & defense, electrical & electronics, marine & oil & gas, wind energy, and other (consumer goods, etc.). In terms of technology, the market is segmented into: pultrusion process, layup process, filament winding, compression molding, injection molding, resin transfer molding, and others. In terms of product type, the market is segmented into: polymer matrix composite, metal matrix composite, and ceramic matrix composite. Furthermore, the report segments the market based on key geographies such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. It also provides market volume and revenue for each application, technology and product type under every regional segment. The composites market is further analyzed into major countries of each region.

Based on applications, technologies, product types and countries, the report analyzes the attractiveness of each segment with the help of an attractiveness tool. The study includes value chain analysis, which provides a better understanding of key players in the supply chain (from raw material manufacturers to end-users). Additionally, the study analyzes market competition and industry players using Porter’s five forces analysis.

Global Composite Market: Research Methodologies

Primary research represents the bulk of our research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases. Other sources include national government documents, statistical databases, and market reports, news articles, and press releases and webcasts specific to the companies operating in the market. Secondary sources referred for the study of the composites market include Reinforced Plastics Magazine, European Plastics Council, Compositesone, Composites World Magazine, etc. and company presentations.

Key Players Mentioned in this Report are:

The report includes an overview of the market share of key companies in the global composites market. Key players profiled in the composites study include Hexcel Corporation, TPI Composites, Inc, Owens Corning, Teijin Limited, Faurecia, Performance Composites Inc., Enduro Composites, Inc., Toray Industries, APPLIED POLERAMIC INC., Hexagon Composites, KINECO, Creative Composites Ltd., HITCO Carbon Composites, Inc., The Quadrant Group of Companies, Kangde Xin Composite Material Group Co., Ltd., BGF Industries, Inc., FACC AG, Premium Aerotec, Fokker Aerostructures, COTESA GmbH, PLASAN CARBON COMPOSITES, Wethje Carbon Composites, VELLO NORDIC AS, Fiberdur GmbH & Co. KG, Akiet B.V., and FILL GESELLSCHAFT M.B.H.

The report segments the global composites market into:

  • Composites Market – By Product Type
    • Polymer Matrix Composites
      • Carbon Fiber Reinforced Plastic
      • Glass Fiber Reinforced Plastic
      • Others (Aramid fiber composites, etc.)
    • Metal Matrix Composites
    • Ceramic Matrix Composites
  • Composites Market – By Technology
    • Pultrusion Process
    • Layup Process
    • Filament Winding
    • Compression Molding
    • Injection Molding
    • Resin Transfer Molding
    • Others (Automated fiber placement, automated tape laying, etc.)
  • Composites Market – By Application
    • Automotive & Transportation
      • Interior
      • Exterior
      • Power Train Components
      • Others (Chassis, brake pads, etc.)
    • Construction
    • Aerospace & Defense
    • Electrical & Electronics
    • Marine & Oil & Gas
      • Pipes
      • Others (Top side applications, etc.)
    • Wind Energy
    • Others (consumer goods, etc.)
       
  • Composites Market – Regional Analysis
    • North America
      • U.S.
      • Canada
    • Europe
      • France
      • U.K.
      • Germany
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • ASEAN
      • India
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East and Africa
      • GCC
      • South Africa
      • Rest of Middle East and Africa


 
 
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