Global Composite Materials Market Analysis & Trends - Industry Forecast to 2027

Global Composite Materials Market Analysis & Trends - Industry Forecast to 2027

The Global Composite Materials Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2027. Some of the prominent trends that the market is witnessing include light weighting and cost reduction, increasing demand in emerging countries and rising focus on green technology.

Based on Resin, the market is categorized into Thermoset Resin and Thermoplastic Resins. In addition, Thermoset Resin segment is further divided into Polyester, Epoxy, Vinyl Ester, Pheonolics, Cyanate Esters, Polyimides and Other Thermoset Resins. Thermoplastic Resins segment is categorized into Polyetherimide (PEI), Polyetheretherketone (PEEK), Polyetherketone (PEK), Polyamide-imide (PAI), Polyarylsulfone (PAS), Liquid crystal polymer (LCP) and Other Thermoplastic Resins. Moreover, Other Thermoset Resins segment is further sub-segmented into Bismaleimides and Benzoxazines. Other Thermoplastic Resins segment is classified into Polyethersulfone (PES) and Polyphenylene sulfide (PPS).

By Type, the market is divided into FRP Composites (Fiber Reinforcement Polymers), Matrices and Other Types. In addition, FRP Composites (Fiber Reinforcement Polymers) segment is further sub-segmented into Glass Fiber Reinforced Polymers (GFRP), Carbon Fiber Reinforced Polymers (CFRP), Aramid Fiber Reinforced Polymers (AFRP) and Other FRP Composites. Matrices segment is categorized into Polymer Matrix Composite (PMC), Metal Matrix Composite (MMC) and Ceramic Matrix Composites (CMC). Moreover, Other FRP Composites segment is further segmented into Boron Fiber, Basalt fiber, and Natural Fiber.

On the bases of Method, the market is classified into Open Molding, Closed Molding, Injection Molding, Resin Infusion, and Prepreg Lay-up. Open Molding segment is sub-segmented into Hand Lay-Up, Spray-Up and Filament Winding. Closed Molding segment is classified into Compression molding, Pultrusion, Reinforced Reaction Injection Molding (RRIM), Resin Transfer Molding (RTM), Vacuum Bag Molding and Other Closed Moldings. Moreover, Other Closed Moldings segment is further divided into Centrifugal Casting and Continuous Lamination.

Based on Form, the market is segmented Fiber Tow, Unidirectional Tape, and Cloth.

By Coatings, the market is classified into Gel Coat and Surface Veil.
On the bases of Adhesives, the market is segregated into Epoxies, Bismaleimide (BMI), Cyanate Ester, Modified Acrylics, Polyurethanes, and Silicones.

Based on Application, the market is divided into Wind Energy, Automotive, Sporting Goods, Pipes & Tanks and Other Applications. In addition, Other Applications segment is categorized into Consumer.

By End User. The market is classified into Construction, Transportation, Electronics & Electrical, Healthcare, Power Generation, Industrial, Aerospace & Defense, Marine, and Other End Users.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants, and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub-segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:
North America
- US
- Canada
- Mexico

Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia
- UAE
- Rest of Middle East

Latin America
- Argentina
- Brazil
- Rest of Latin America

Rest of the World
- South Africa
- Others

Report Highlights:
- The report provides a detailed analysis of current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
- Market opportunities and recommendations for new investments