According to the new research report published by Precedence Research, titled “Advanced Composites Market (By Product: Aramid Fiber Composites Carbon Fiber Composites, S-Glass Fiber Composites, Others; By Application Type: Aerospace & defense, Automotive, Transportation, Electrical & Electronics, Wind energy, Civil Engineering, Medical, Marine, Sporting goods, Others; By Resin: Advanced Thermosetting Composites, Advanced Thermoplastic Composites; By Manufacturing Process) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030”, the global advanced composites market size is expected to be worth around US$ 109.8 billion by 2030 and is poised to record a yearly growth rate of 12.38% from 2022 to 2030. The study investigates several elements and their consequences on the growth of the all-wheel drive market.
This report focuses on advanced composites market volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall advanced composites market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, the Middle East & Africa, Latin America, etc.
Key Takeaway:
- By product, the glass fibre composites segment has accounted 28% revenue share in 2021.
- The carbon fibre composites segment is expected to grow at a CAGR of 10.8% from 2022 to 2030.
- The wind energy application segment is growing at a CAGR of 8.9% from 2022 to 2030.
- The automotive sector is expected to reach at a CAGR of 8.7% from 2022 to 2030.
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
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The study also provides important advancements in organic and inorganic growth strategies in the worldwide advanced composites market. A lot of corporations are prioritizing new launches, product approvals, and other business expansion techniques. In addition, the report offers profiles of advanced composites market firms and market strategies. Furthermore, the research focuses on top industry participants, providing information such as company profiles, components and services offered, recent financial data, and key developments.
Report Scope of the Advanced Composites Market
| Report Coverage | Details |
| Market Size in 2022 | USD 43.15 Billion |
| Market Size by 2030 | USD 109.8 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 12.38% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Product, Application Type, Resin, Manufacturing Process, and Geography |
Market Key Players
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the advanced composites market.
Some of the prominent players in the advanced composites market include:
- Toray Industries, Inc.
- Koninklijke Ten Cate NV
- Teijin Limited
- Hexcel Corporation
- SGL Group
- Cytec Solvay Group
- Owens Corning
- E. I. Dupont De Nemours and Company
- Huntsman Corporation
- Momentive Performance Materials Inc.
- WS Atkins plc
- AGY Holdings Corp.
- Formosa Plastics Corporation
Market Segmentations
By Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- S-Glass Fiber Composites
- Others
By Application Type
- Aerospace & defense
- Automotive
- Transportation
- Electrical & Electronics
- Wind energy
- Civil Engineering
- Medical
- Marine
- Sporting goods
- Others
By Resin
- Advanced Thermosetting Composites
- Advanced Thermoplastic Composites
By Manufacturing Process
- Hand layup/ Spray Layup
- Pultrusion
- AFP/ATL
- Injection Molding
- Compression Molding
- Filament Winding
- RTM/VARTM
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
Report Objectives
- To define, segment, and project the global market size for advanced composites market
- To understand the structure of the market by identifying its various sub-segments
- To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the micro-markets, with respect to individual growth trends, future prospects, and their contributions to the total market
- To project the size of the market and its submarkets, in terms of value, with respect to global. (along with their respective key countries)
- To profile key players and comprehensively analyze their core competencies
- To understand the competitive landscape and identify major growth strategies adopted by players across the globe.
- To analyze the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Advanced Composites Market
5.1. COVID-19 Landscape: Advanced Composites Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Advanced Composites Market, By Product
8.1. Advanced Composites Market, by Product, 2022-2030
8.1.1. Aramid Fiber Composites
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Carbon Fiber Composites
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. S-Glass Fiber Composites
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Advanced Composites Market, By Application Type
9.1. Advanced Composites Market, by Application Type, 2022-2030
9.1.1. Aerospace & defense
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Automotive
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Transportation
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Electrical & Electronics
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Wind energy
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.6. Civil Engineering
9.1.6.1. Market Revenue and Forecast (2017-2030)
9.1.7. Medical
9.1.7.1. Market Revenue and Forecast (2017-2030)
9.1.8. Marine
9.1.8.1. Market Revenue and Forecast (2017-2030)
9.1.9. Sporting goods
9.1.9.1. Market Revenue and Forecast (2017-2030)
9.1.10. Others
9.1.10.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Advanced Composites Market, By Resin
10.1. Advanced Composites Market, by Resin, 2022-2030
10.1.1. Advanced Thermosetting Composites
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Advanced Thermoplastic Composites
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Advanced Composites Market, By Manufacturing Process
11.1. Advanced Composites Market, by Manufacturing Process, 2022-2030
11.1.1. Hand layup/ Spray Layup
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Pultrusion
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. AFP/ATL
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Injection Molding
11.1.4.1. Market Revenue and Forecast (2017-2030)
11.1.5. Compression Molding
11.1.5.1. Market Revenue and Forecast (2017-2030)
11.1.6. Filament Winding
11.1.6.1. Market Revenue and Forecast (2017-2030)
11.1.7. RTM/VARTM
11.1.7.1. Market Revenue and Forecast (2017-2030)
11.1.8. Others
11.1.8.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Advanced Composites Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.3. Market Revenue and Forecast, by Resin (2017-2030)
12.1.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Resin (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Resin (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.3. Market Revenue and Forecast, by Resin (2017-2030)
12.2.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Resin (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Resin (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Resin (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Resin (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.3. Market Revenue and Forecast, by Resin (2017-2030)
12.3.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Resin (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Resin (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Resin (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Resin (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.3. Market Revenue and Forecast, by Resin (2017-2030)
12.4.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Resin (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Resin (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Resin (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Resin (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.3. Market Revenue and Forecast, by Resin (2017-2030)
12.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Resin (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Resin (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)
Chapter 13. Company Profiles
13.1. Toray Industries, Inc.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Koninklijke Ten Cate NV
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Teijin Limited
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Hexcel Corporation
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. SGL Group
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Cytec Solvay Group
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Owens Corning
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. E. I. Dupont De Nemours and Company
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Huntsman Corporation
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Momentive Performance Materials Inc.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Why should you invest in this report?
If you are aiming to enter the global advanced composites market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for advanced composites are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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