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Composites Market by Type (Carbon Fiber Composites, Glass Fiber Composites and Others), Resin Type (Thermoplastic Composites and Thermosetting Composites), Manufacturing Process, Application and by Region - Global Trends and Forecasts to 2021

Composites Market by Type (Carbon Fiber Composites, Glass Fiber Composites and Others), Resin Type (Thermoplastic Composites and Thermosetting Composites), Manufacturing Process, Application and by Region - Global Trends and Forecasts to 2021

The global market for composites is projected to grow from USD 69.50 billion in 2015 to USD 105.26 billion by 2021, at a CAGR of 7.04% between 2016 and 2021. This high growth is attributed to increasing use of composites in the aerospace & defense, wind, and transportation applications.

“The aerospace & defense application accounts for the largest share in the composites market by value”
The aerospace & defense application accounts for the largest share of the composites market. Composite structures are designed to survive extreme operating conditions such as high stress, shock, and impact loads. These requirements of complex aerospace structures are fulfilled by composites. There is an increase in the demand for composites due to new aircraft programs, including the Airbus A350 XWB and A320neo and the Boeing 787 and 737 MAX. This trend is expected to continue in the next five years due to the delivery backlog of aircrafts from major aerospace manufacturers.

“Asia-Pacific projected to be the fastest-growing composites market”
Asia-Pacific dominated the composites market, followed by North America. It is also the most promising market for composites in the next five years. Rapid industrialization and urbanization have led to increase in demand for composites from construction, wind, pipe & tank, automotive, electronics & semiconductor, and other industries in the region. China is expected to have the largest market share in the Asia-Pacific region due to its rapidly growing manufacturing sector in the country.

In the process of determining and verifying the market size gathered through secondary research for several segments and sub-segments, extensive primary interviews were conducted as follows:-
By Company Type: Tier 1 (70%), Tier 2 (25%) and Tier 3 (5%).
By Designation: C-level (31%), Director Level (23%) and others (46%)
By Region: North America (65%), Europe (24%), Asia-Pacific (9%), and RoW (2%)

Composites are finding its use in emerging applications such as sporting goods, consumer goods, healthcare, and so on. It is used in skis, snowboards, golf clubs, archery bows, fishing rods, racquets, stacking chairs, and so on.

The various key players profiled in the report are as follows:
1. Cytec-Solvay Group (U.S.)
2. E.I. DuPont Nemours & Co. (U.S.)
3. Huntsman Corporation (U.S.)
4. PPG Industries (U.S.)
5. Toray Industries (Japan)
6. Teijin Limited (Japan)
7. Owen Corning (U.S.)
8. Hexcel Corporation (U.S.)
9. Momentive Performance Materials, Inc. (U.S.)
10. SGL Group (Germany)
11. Saint-Gobain (France)
12. Weyerhaeuser (U.S.)
13. Chongqing Polycomp International Corporation (China)
14. Jushi Group (China)

The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the composites market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across different verticals and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to better understand the competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table COMPOSITES MARKET SIZE (VOLUME & VALUE), 2016-2021
  • PREMIUM INSIGHTS
    • COMPOSITE MARKET SIZE, 2016 VS. 2020 (USD BILLION)
    • COMPOSITES MARKET GROWTH, BY MANUFACTURING PROCESS
    • AEROSPACE & DEFENSE APPLICATION ACCOUNTED FOR THE LARGEST SHARE OF COMPOSITES MARKET IN 2015
    • COMPOSITES MARKET GROWTH, BY COUNTRY
    • COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016 VS. 2020
    • APPLICATION INDUSTRY GROWTH MATRIX
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION
    • MARKET SEGMENTATION
      • BY FIBER TYPE
      • BY MANUFACTURING PROCESS
      • BY RESIN TYPE
      • BY APPLICATION
    • MARKET DYNAMICS
      • DRIVERS
        • Table EU: CO2 EMISSIONS STANDARDS FOR NEW PASSENGER CARS, (G/KM)
        • Table IMPACT ANALYSIS OF DRIVERS
      • RESTRAINTS
        • Table IMPACT ANALYSIS OF RESTRAINTS
      • OPPORTUNITIES
        • Table IMPACT ANALYSIS OF OPPORTUNITIES
      • CHALLENGES
        • Table IMPACT ANALYSIS OF CHALLENGES
    • BURNING ISSUES
      • NEED FOR LOW-COST MATERIALS AND TECHNOLOGIES
    • WINING IMPERATIVES
      • MASSIVE RESEARCH AND DEVELOPMENT EFFORTS AND RELATED COLLABORATIONS TO DEVELOP NEW PRODUCTS
      • NEW PRODUCTION CAPACITY EXPANSIONS
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • RAW MATERIAL ANALYSIS
      • RAW MATERIAL ANALYSIS OF GLASS FIBER COMPOSITES
        • Table PROPERTIES OF RESINS: THERMOSETTING V/S THERMOPLASTIC RESINS
      • RAW MATERIAL ANALYSIS OF CARBON FIBER COMPOSITES
      • RAW MATERIAL ANALYSIS OF OTHER FIBER COMPOSITES
    • 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, USD BILLION (2015-2021)
    • PER CAPITA GDP VS. PER CAPITA COMPOSITE MATERIALS DEMAND
      • Table PER CAPITA GDP VS. PER CAPITA COMPOSITE MATERIALS DEMAND, 2015
    • TRENDS AND FORECAST OF CONSTRUCTION INDUSTRY
      • TRENDS AND FORECAST OF CONSTRUCTION INDUSTRY IN NORTH AMERICA
        • Table CONTRIBUTION OF CONSTRUCTION INDUSTRY TO GDP IN NORTH AMERICA, USD BILLION (2014-2021)
      • TRENDS AND FORECAST OF CONSTRUCTION INDUSTRY IN EUROPE
        • Table CONTRIBUTION OF CONSTRUCTION INDUSTRY TO GDP IN EUROPE, USD BILLION (2014-2021)
      • TRENDS AND FORECAST OF CONSTRUCTION INDUSTRY IN ASIA-PACIFIC
        • Table CONTRIBUTION OF CONSTRUCTION INDUSTRY TO GDP IN ASIA-PACIFIC, USD BILLION (2014-2021)
      • TRENDS AND FORECAST OF CONSTRUCTION INDUSTRY IN ME&A
        • Table CONTRIBUTION OF CONSTRUCTION INDUSTRY TO GDP IN ME&A, USD BILLION (2014-2021)
      • TRENDS AND FORECAST OF CONSTRUCTION INDUSTRY IN LATIN AMERICA
        • Table CONTRIBUTION OF CONSTRUCTION INDUSTRY TO GDP IN LATIN AMERICA, USD BILLION (2014-2021)
    • TRENDS OF WIND ENERGY INDUSTRY
      • Table WIND ENERGY INSTALATION, MW (2011-2015)
    • TRENDS OF AEROSPACE INDUSTRY
      • Table MARKET OF NEW AIRPLANES, 2014
    • TRENDS OF AUTOMOTIVE INDUSTRY
      • Table AUTOMOTIVE PRODUCTION, MILLION UNITS (2011-2015)
  • COMPOSITES MARKET, BY FIBER TYPE
    • INTRODUCTION
      • Table COMPOSITES MARKET SIZE, BY FIBER TYPE, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE, BY FIBER TYPE, 2014-2021 (KILOTON)
    • CARBON FIBER COMPOSITES
      • Table CARBON FIBER COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table CARBON FIBER COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • GLASS FIBER COMPOSITES
      • Table GLASS FIBER COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table GLASS FIBER COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • OTHER FIBER COMPOSITES
      • Table OTHER FIBER COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table OTHERS FIBER COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
  • COMPOSITES MARKET, BY RESIN TYPE
    • INTRODUCTION
      • Table COMPOSITES MARKET SIZE, BY RESIN TYPE, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE, BY RESIN TYPE, 2014-2021 (KILOTON)
    • THERMOSETTING COMPOSITES
      • THERMOSETTING COMPOSITES, BY REGION
        • Table THERMOSETTING COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
        • Table THERMOSETTING COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • THERMOPLASTIC COMPOSITES
      • THERMOPLASTIC COMPOSITES, BY REGION
        • Table THERMOPLASTICS COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
        • Table THERMOPLASTICS COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
  • COMPOSITES MARKET, BY MANUFACTURING PROCESS
    • INTRODUCTION
      • Table COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2014-2021 (KILOTON)
    • LAYUP PROCESS
      • Table LAYUP PROCESS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table LAYUP PROCESS MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • FILAMENT WINDING PROCESS
      • Table FILAMENT WINDING PROCESS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table FILAMENT WINDING PROCESS MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • INJECTION MOLDING PROCESS
      • Table INJECTION MOLDING PROCESS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table INJECTION MOLDING PROCESS MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • PULTRUSION PROCESS
      • Table PULTRUSION PROCESS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table PULTRUSION PROCESS MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • COMPRESSION MOLDING PROCESS
      • Table COMPRESSION MOLDING PROCESS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table COMPRESSION MOLDING PROCESS MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • RESIN TRANSFER MOLDING PROCESS
      • Table RTM PROCESS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table RTM PROCESS MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • OTHER PROCESSES
      • Table OTHER PROCESSES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table OTHER PROCESSES MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
  • COMPOSITES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table COMPOSITES MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE, BY APPLICATION, 2014-2021 (KILOTON)
    • TRANSPORTATION
      • Table COMPOSITES MARKET SIZE IN TRANSPORTATION APPLICATION, BY REGION, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE IN TRANSPORTATION APPLICATION, BY REGION, 2014-2021 (KILOTON)
    • AEROSPACE & DEFENSE
      • Table DEMAND FOR NEW AIRPLANES, BY REGION, 2015 TO 2034
      • Table COMPOSITES MARKET SIZE IN AEROSPACE & DEFENSE APPLICATION, BY REGION, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE IN AEROSPACE & DEFENSE APPLICATION, BY REGION, 2014-2021 (KILOTON)
    • ELECTRICAL & ELECTRONICS
      • Table COMPOSITES MARKET SIZE IN ELECTRICAL & ELECTRONICS APPLICATION, BY REGION, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE IN ELECTRICAL & ELECTRONICS APPLICATION, BY REGION, 2014-2021 (KILOTON)
    • WIND ENERGY
      • Table GERMANY: ANNUAL WIND ENERGY INSTALLATIONS, 2012-2015 (MW)
      • Table FRANCE: ANNUAL WIND ENERGY INSTALLATIONS, 2012-2015 (MW)
      • Table U.K.: ANNUAL WIND ENERGY INSTALLATIONS, 2012-2015 (MW)
      • Table ASIA-PACIFIC: ANNUAL WIND ENERGY INSTALLATIONS, 2015 (MW)
      • Table COMPOSITES MARKET SIZE IN WIND ENERGY APPLICATION, BY REGION, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE IN WIND ENERGY APPLICATION, BY REGION, 2014-2021 (KILOTON)
    • CONSTRUCTION & INFRASTRUCTURE
      • Table COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE APPLICATION, BY REGION, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE APPLICATION, BY REGION, 2014-2021 (KILOTON)
    • PIPES & TANKS
      • Table COMPOSITES MARKET SIZE IN PIPES & TANKS APPLICATION, BY REGION, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE IN PIPES & TANKS APPLICATION, BY REGION, 2014-2021 (KILOTON)
    • MARINE
      • Table COMPOSITES MARKET SIZE IN MARINE APPLICATION, BY REGION, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE IN MARINE APPLICATION, BY REGION, 2014-2021 (KILOTON)
    • OTHER APPLICATIONS
      • Table COMPOSITES MARKET SIZE IN OTHER APPLICATIONS, BY REGION,2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2014-2021 (KILOTON)
  • COMPOSITES MARKET, BY REGION
    • INTRODUCTION
      • Table COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table COMPOSITES MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • NORTH AMERICA
      • U.S.
      • CANADA
        • Table NORTH AMERICA: COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table NORTH AMERICA: COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
    • EUROPE
      • GERMANY
      • FRANCE
      • U.K.
      • ITALY
      • AUSTRIA
      • NETHERLANDS
      • POLAND
      • SWEDEN
      • SPAIN
      • RUSSIA
      • TURKEY
        • Table EUROPE: COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table EUROPE: COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
    • ASIA-PACIFIC
      • CHINA
      • INDIA
      • JAPAN
      • KOREA
      • AUSTRALIA & NEW ZEALAND
      • MALAYSIA
      • THAILAND
        • Table ASIA-PACIFIC: COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table ASIA-PACIFIC: COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
    • MIDDLE EAST & AFRICA (ME&A)
      • UAE
      • SOUTH AFRICA
        • Table ME&A: COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table ME&A: COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
    • LATIN AMERICA
      • BRAZIL
      • MEXICO
      • ARGENTINA
        • Table LATIN AMERICA: COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table LATIN AMERICA: COMPOSITES MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • COMPETITIVE SITUATIONS AND TRENDS
    • COMPETITIVE LANDSCAPE
      • INVESTMENTS & EXPANSIONS
        • Table INVESTMENTS & EXPANSIONS, 2012-2016
      • AGREEMENTS & PARTNERSHIPS
        • Table AGREEMENTS & PARTNERSHIPS, 2012-2016
      • NEW PRODUCT LAUNCH
        • Table NEW PRODUCT LAUNCH, 2012-2016
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2012-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • TEIJIN LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • TORAY INDUSTRIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • OWENS CORNING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • PPG INDUSTRIES INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HUNTSMAN CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • CYTEC INDUSTRIES (SOLVAY S.A.)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SGL GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HEXCEL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MOMENTIVE PERFORMANCE MATERIALS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • E. I. DU PONT NEMOURS & CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • COMPAGNIE DE SAINT-GOBAIN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • WEYERHAEUSER COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CHONGQING POLYCOMP INTERNATIONAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • JUSHI GROUP CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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