
Composite Materials in North America
Description
Composite Materials in North America
Summary
Composite Materials in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Composite Materials in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Composite materials are formed when two materials with different physical and chemical properties are combined. These composite materials are specially designed to carry out a certain task, for instance becoming stronger, lighter, or electrically resistant. Additionally, they can increase stiffness and strength. They are preferred over conventional materials because they enhance the qualities of the base material and can be used in a variety of contexts.
- The North American composite materials market recorded revenues of $31,347.7 million in 2024, representing a compound annual growth rate (CAGR) of 2.3% between 2019-24.
- Market consumption volume increased with a CAGR of 1.5% between 2019-24, reaching a total of 3,325.0 kilotons in 2024.
- The moderate growth of the North American composite materials market during 2019-24 can be attributed to the rising demand for lightweight and durable materials from the aerospace and defense, automotive, and wind energy industries.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the composite materials market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the composite materials market in North America
- Leading company profiles reveal details of key composite materials market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America composite materials market with five year forecasts
- What was the size of the North America composite materials market by value in 2024?
- What will be the size of the North America composite materials market in 2029?
- What factors are affecting the strength of competition in the North America composite materials market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's composite materials market?
Table of Contents
45 Pages
- 1. Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 . Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3. Market Data
- 3.1. Market value
- 3.2. Market volume
- 4. Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5. Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6. Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7. Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths and strategies of the leading players?
- 7.3. What are the challenges in the market?
- 7.4. What are the recent developments of the players in the market?
- 8. Company Profiles
- 8.1. Compagnie de Saint-Gobain
- 8.2. Owens Corning
- 8.3. Huntsman International LLC
- 8.4. Hexcel Corp
- 9. Macroeconomic Indicators
- 9.1. Country data
- 10. Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Figures
- Figure 1: North America composite materials market value: $ million, 2019-24
- Figure 2: North America composite materials market volume: million kilotons, 2019-24
- Figure 3: North America composite materials market category segmentation: $ million, 2019-24
- Figure 4: North America composite materials market geography segmentation: % share, by value, 2024
- Figure 5: North America composite materials market value forecast: $ million, 2024-29
- Figure 6: North America composite materials market volume forecast: million kilotons, 2024-29
- Figure 7: Forces driving competition in the composite materials market in North America, 2024
- Figure 8: Drivers of buyer power in the composite materials market in North America, 2024
- Figure 9: Drivers of supplier power in the composite materials market in North America, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the composite materials market in North America, 2024
- Figure 11: Factors influencing the threat of substitutes in the composite materials market in North America, 2024
- Figure 12: Drivers of degree of rivalry in the composite materials market in North America, 2024
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