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Advanced Composites Market by Fiber Type (Carbon, S-Glass, Aramid), Resin Type (Thermosetting, Thermoplastic), Manufacturing Process (Filament Winding, Injection Molding, Pultrusion), End-use Industry, Region - Global Forecast to 2022

Advanced Composites Market by Fiber Type (Carbon, S-Glass, Aramid), Resin Type (Thermosetting, Thermoplastic), Manufacturing Process (Filament Winding, Injection Molding, Pultrusion), End-use Industry, Region - Global Forecast to 2022

The advanced composites market is projected to reach USD 38.41 billion by 2022 from an estimated USD 22.91 by 2017, at a CAGR of 10.89% between 2017 and 2022. Increasing use of advanced composites in the aerospace & defense, transportation, sporting goods, wind energy, and civil engineering end-use industries is driving the growth of the advanced composites market across the globe. However, the high processing and manufacturing costs of advanced composites and lack of standardization in advanced composite manufacturing technologies are factors expected to restrain the growth of the advanced composites market during the forecast period.

In terms of both, volume and value, the aerospace & defense industry segment is projected to lead the advanced composites market during the forecast period
The aerospace & defense industry is projected to lead the advanced composites market during the forecast period. The growth of this industry segment of the advanced composites market can be attributed to increased use of advanced composites in aircraft structures. Advanced composites are used in various aircraft structures such as wings, fuselage, and aircraft interiors, among others as these can survive extreme operating conditions such as high stress, shocks, and impact loads. Thus, there is an increase in the demand for advanced composites for the manufacture of new generation aircraft such as Airbus A350 XWB and A320neo, and the Boeing 787 and 737 MAX.

The Europe advanced composites market is projected to grow at the highest CAGR in terms of both, value and volume between 2017 and 2022
North America is the largest consumer of advanced composites in the world, followed by Europe. Both, Europe and North America are expected to be the most promising markets for advanced composites during the next five years. Mass production in the transportation and aerospace & defense industries with the use of advanced composites is a major factor that is expected to lead to the growth of the Europe and North America advanced composites markets. The US is the largest market in North America due to a high demand for advanced composites from the transportation and aerospace & defense industries.

In the process of determining and verifying the market sizes gathered through secondary research for the composites market, its segments and subsegments, extensive primary interviews have been conducted. The breakdown of these primary interviews has been given as follows:-

• By Company Type: Tier 1—10%, Tier 2—25%, and Tier 3—65%.
• By Designation: C-level—10%, Director Level—30%, and Others—60%
• By Region: North America—20%, Europe—15%, Asia Pacific—45%, South America—11%, and the Middle East & Africa—9%

Advanced composites are also being used in various other applications such as medical, oil & gas, and energy & power, among others. These are being used to manufacture reactors, and healthcare equipment, among others.

The key players profiled in the report are as follows:
1. Solvay
2. Koninklijke Ten Cate bv
3. Huntsman Corporation, LLC
4. Toray Industries, Inc.
5. Teijin Limited
6. Owens Corning
7. Hexcel Corporation
8. SGL Group
9. Weyerhaeuser
10. Chongqing Polycomp International Corporation
11. Jushi Group

Research Coverage
This report covers the global advanced composites market and forecasts the market size till 2022. The report includes market segmentation on the basis of fiber type, resin type, end-use industry, manufacturing process, and region (North America, Europe, Asia Pacific, South America, and Middle East & Africa). The Porter’s Five Force analysis, along with drivers, restraints, challenges, and opportunities of the market have been discussed in the report. The report also provides company profiles and competitive benchmarking adopted by the major players of the global advanced composites market.

REASONS TO BUY THE REPORT
The report is expected to help market leaders/new entrants in the advanced composites market in the following ways:
1. This report segments the advanced composites market comprehensively and provides the closest approximations of the revenue numbers for the overall market and its subsegments across different verticals and regions.
2. The report is expected to help the stakeholders understand the pulse of the market and provides them information on the key market drivers, restraints, challenges, and opportunities.
3. This report is expected to help stakeholders understand competitors and gain insights to enhance their positions in the advanced composites market. The competitive landscape section includes the ecosystems of competitors, investments & expansions, new product launches, and agreements.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED IN THE REPORT
    • CURRENCY
    • UNIT CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE ADVANCED COMPOSITES MARKET
    • ADVANCED COMPOSITES MARKET, BY MANUFACTURING PROCESS
    • ADVANCED COMPOSITES MARKET, BY KEY END-USE INDUSTRY AND REGION
    • ADVANCED COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2017 VS. 2022
    • ADVANCED COMPOSITES MARKET GROWTH, BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table EU: NEW PASSENGER VEHICLES CO2 EMISSIONS BY MANUFACTURER AND CORRESPONDING 2015 AND 2020 TARGETS (G/KM)
      • RESTRAINTS
        • Table PRODUCTION COST STRUCTURE WITH CURRENT TECHNOLOGY, 2016
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • MACRO ECONOMIC OVERVIEW AND KEY TRENDS
    • INTRODUCTION
    • TRENDS AND FORECAST OF GDP
      • Table TRENDS AND FORECAST OF GDP, 2017-2022 (USD BILLION)
    • PER CAPITA GDP VS. PER CAPITA COMPOSITE MATERIALS DEMAND
      • Table PER CAPITA GDP VS. PER CAPITA COMPOSITE MATERIALS DEMAND, 2016
    • TRENDS IN WIND ENERGY INDUSTRY
      • Table WIND ENERGY INSTALLATION, MW (2015-2016)
    • TRENDS IN AEROSPACE INDUSTRY
      • Table MARKET FOR NEW AIRPLANES, 2016
    • TRENDS OF AUTOMOTIVE INDUSTRY
      • Table AUTOMOTIVE PRODUCTION, MILLION UNITS (2011-2016)
  • ADVANCED COMPOSITES MARKET, BY FIBER TYPE
    • INTRODUCTION
      • Table APPLICATIONS OF ADVANCE FIBER COMPOSITES IN AEROSPACE & DEFENSE END-USE INDUSTRY
      • Table ADVANCED COMPOSITES MARKET SIZE, BY FIBER TYPE, 2017-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015-2022 (KILOTON)
    • CARBON FIBER COMPOSITES
      • Table CARBON FIBER COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table CARBON FIBER COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • ARAMID FIBER COMPOSITES
      • Table ARAMID FIBER COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table ARAMID FIBER COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • S-GLASS COMPOSITES
      • Table S-GLASS FIBER COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table S-GLASS FIBER COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • OTHER COMPOSITES
      • Table OTHER ADVANCED COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table OTHER ADVANCED COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
  • ADVANCED COMPOSITE MARKET, BY RESIN TYPE
    • INTRODUCTION
      • Table PROPERTIES OF RESINS: THERMOSETTING VS. THERMOPLASTIC RESINS
      • Table ADVANCED COMPOSITES MARKET SIZE, BY RESIN TYPE, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE, BY RESIN TYPE, 2015-2022 (KILOTON)
    • ADVANCED THERMOSETTING COMPOSITES
      • POLYESTER RESIN
      • VINYL ESTER RESIN
      • EPOXY RESIN
      • POLYURETHANE RESIN
      • PHENOLIC
      • OTHERS
        • Table ADVANCED THERMOSETTING COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
        • Table ADVANCED THERMOSETTING COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • ADVANCED THERMOPLASTIC COMPOSITES
      • POLYPHENYLENE SULFIDE (PPS)
      • POLYETHERIMIDE (PEI)
      • POLYETHERETHERKETONE (PEEK)
      • OTHERS
        • Table ADVANCED THERMOPLASTIC COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
        • Table ADVANCED THERMOPLASTIC COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
  • ADVANCED COMPOSITES MARKET, BY MANUFACTURING PROCESS
    • INTRODUCTION
      • Table ADVANCED COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2015-2022 (KILOTON)
    • AFP/ATL
      • Table AFP/ATL PROCESS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table AFP/ATL PROCESS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • COMPRESSION MOLDING PROCESS
      • Table COMPRESSION MOLDING PROCESS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table COMPRESSION MOLDING PROCESS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • HAND LAYUP/SPRAY LAYUP PROCESS
      • Table HAND LAYUP/SPRAY LAYUP PROCESS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table HAND LAYUP/SPRAY LAYUP PROCESS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • RESIN TRANSFER MOLDING PROCESS
      • Table RTM/VARTM PROCESS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table RTM/VARTM PROCESS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • FILAMENT WINDING PROCESS
      • Table FILAMENT WINDING PROCESS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table FILAMENT WINDING PROCESS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • INJECTION MOLDING PROCESS
      • Table INJECTION MOLDING PROCESS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table INJECTION MOLDING PROCESS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • PULTRUSION PROCESS
      • Table PULTRUSION PROCESS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table PULTRUSION PROCESS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • OTHERS
      • Table OTHER PROCESS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table OTHER PROCESS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
  • ADVANCED COMPOSITES MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table ADVANCED COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
    • AEROSPACE & DEFENSE
      • Table DEMAND FOR NEW AIRPLANES, BY REGION, 2016-2035
      • Table ADVANCED COMPOSITES MARKET SIZE IN AEROSPACE & DEFENSE END-USE INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE IN AEROSPACE & DEFENSE END-USE INDUSTRY, BY REGION, 2015-2022 (KILOTON)
    • WIND ENERGY
      • Table EUROPE: ANNUAL WIND ENERGY INSTALLATIONS, 2016 (MW)
      • Table ASIA-PACIFIC: ANNUAL WIND ENERGY INSTALLATIONS, 2016 (MW)
      • Table ADVANCED COMPOSITES MARKET SIZE IN WIND ENERGY END-USE INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE IN WIND ENERGY END-USE INDUSTRY, BY REGION, 2015-2022 (KILOTON)
    • TRANSPORTATION
      • Table ADVANCED COMPOSITES MARKET SIZE IN TRANSPORTATION END-USE INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE IN TRANSPORTATION END-USE INDUSTRY, BY REGION, 2015-2022 (KILOTON)
    • SPORTING GOODS
      • Table ADVANCED COMPOSITES MARKET SIZE IN SPORTING GOODS END-USE INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE IN SPORTING GOODS END-USE INDUSTRY, BY REGION, 2015-2022 (KILOTON)
    • PIPES & TANKS
      • Table ADVANCED COMPOSITES MARKET SIZE IN PIPES & TANKS END-USE INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE IN PIPES & TANKS END-USE INDUSTRY, BY REGION, 2015-2022 (KILOTON)
    • MARINE
      • Table ADVANCED COMPOSITES MARKET SIZE IN MARINE END-USE INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE IN MARINE END-USE INDUSTRY, BY REGION, 2015-2022 (KILOTON)
    • CIVIL ENGINEERING
      • Table ADVANCED COMPOSITES MARKET SIZE IN CIVIL ENGINEERING END-USE INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE IN CIVIL ENGINEERING END-USE INDUSTRY, BY REGION, 2015-2022 (KILOTON)
    • ELECTRICAL & ELECTRONICS
      • Table ADVANCED COMPOSITES MARKET SIZE IN ELECTRICAL & ELECTRONICS END-USE INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE IN ELECTRICAL & ELECTRONICS END-USE INDUSTRY, BY REGION, 2015-2022 (KILOTON)
    • MEDICAL
      • Table COMPOSITES MARKET SIZE IN MEDICAL END-USE INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
      • Table COMPOSITES MARKET SIZE IN MEDICAL END-USE INDUSTRY, BY REGION, 2015-2022 (KILOTON)
    • OTHERS
      • Table ADVANCED COMPOSITES MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2015-2022 (KILOTON)
  • ADVANCED COMPOSITES MARKET, BY REGION
    • INTRODUCTION
      • Table ADVANCED COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table ADVANCED COMPOSITES MARKET SIZE, BY REGION, 2015-2021 (KILOTON)
    • NORTH AMERICA
      • Table NORTH AMERICA: ADVANCED COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: ADVANCED COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
      • U.S.
        • Table U.S.: NEW WIND ENERGY INSTALLATIONS, 2010-2016, (MW)
      • CANADA
      • MEXICO
    • EUROPE
      • Table EUROPE: ADVANCED COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: ADVANCED COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
      • GERMANY
        • Table GERMANY: NEW WIND ENERGY INSTALLATIONS, 2010-2016 (MW)
      • FRANCE
      • U.K.
      • ITALY
      • AUSTRIA
      • NETHERLANDS
      • POLAND
      • SWEDEN
      • SPAIN
      • RUSSIA
      • TURKEY
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: ADVANCED COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table ASIA-PACIFIC: ADVANCED COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • CHINA
        • Table CHINA: NEW WIND ENERGY INSTALLATIONS, 2010-2016 (MW)
      • JAPAN
      • INDIA
        • Table INDIA: NEW WIND ENERGY INSTALLATIONS, 2010-2016 (MW)
      • SOUTH KOREA
      • AUSTRALIA & NEW ZEALAND
      • MALAYSIA
      • SINGAPORE
    • MIDDLE EAST & AFRICA
      • Table MEA: ADVANCED COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table MEA: ADVANCED COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • UAE
      • ISRAEL
      • SOUTH AFRICA
    • SOUTH AMERICA
      • Table SOUTH AMERICA: ADVANCED COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: ADVANCED COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • BRAZIL
        • Table BRAZIL: NEW WIND ENERGY INSTALLATIONS, 2010-2016 (MW)
      • ARGENTINA
  • COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
      • TORAY INDUSTRIES, INC.
      • TEIJIN LIMITED
      • MITSUBISHI CHEMICAL HOLDINGS CORPORATION
  • COMPANY PROFILES
    • TORAY INDUSTRIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • RECENT DEVELOPMENTS
    • TEIJIN LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • MITSUBISHI CHEMICAL HOLDINGS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SGL GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • KONINKLIJKE TEN CATE BV.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • HUNTSMAN INTERNATIONAL, LLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SOLVAY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • HEXCEL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • HEXION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • E. I. DU PONT NEMOURS & CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • OWENS CORNING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • OTHER PLAYERS
      • BASF SE
      • GURIT
      • AGY
      • DOWAKSA
      • HONEYWELL INTERNATIONAL INC.
      • ADVANCED COMPOSITES INC.
      • RENEGADE MATERIALS CORPORATION
      • KINECO-KAMAN
      • HENKEL AG & CO. KGAA
      • GAFFCO BALLISTICS
      • NIPPON GRAPHITE FIBER CO., LTD.
      • PLASAN CARBON COMPOSITES, INC.
      • QUANTUM COMPOSITES
      • HYOSUNG
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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