Composites Market Introduction and Overview
According to SPER market research, ‘Global Composites Market Size- By Product, By Manufacturing Process, By End-User – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Composites Market is predicted to reach 222.15 billion by 2034 with a CAGR of 7.46%.
Composites are materials made by mixing two or more different substances to create a new material with better properties. A composite has a matrix, which is the part that holds everything together, and reinforcement, which adds strength or stiffness. The matrix is usually made of polymers, metals, or ceramics, while the reinforcement can be fibers like glass or carbon, or particles like ceramic or metal. This combination makes the material stronger, lighter, or more durable than the individual parts.
Restraints:
The growth of composites in industries like consumer products, marine, and recreational goods is hindered by high development and manufacturing costs. The main issues are maintenance technology, process standardization, and design consistency. In automotive and aerospace sectors, manufacturers prefer conventional designs due to the absence of standardized materials and processes. This lack of standards limits the exploration of composites.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered
By Product, By Manufacturing Process, By End-User.
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
Teijin Ltd, Toray Industries, Inc, Owens Corning, PPG Industries, Inc, Huntsman Corporation LLC, SGL Group, Hexcel Corporation, DuPont, Compagnie de Saint-Gobain S.A, Weyerhaeuser Company, Momentive Performance Materials, Inc, Cytec Industries (Solvay, S.A.), China Jushi Co., Ltd, Kineco Limited.
Global Composites Market Segmentation:
By Product:
Based on the Product, Global Composites Market is segmented as; Carbon Fiber, Glass Fiber, Natural fiber, Others.
By Manufacturing Process:
Based on the Manufacturing Process, Global Composites Market is segmented as; Layup Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Compression Molding Process, Resin Transfer Molding Process, Others.
By End-User:
Based on the End-User, Global Composites Market is segmented as; Aerospace & Defense, Automotive & Transportation, Construction & Infrastructure, Wind Energy, Electrical & Electronics, Construction and Infrastructure, Pipes & Tanks, Marine, Others.
By Region:
This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Composites Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Composites Market
- 7. Global Composites Market, By Product (USD Million) 2021-2034
- 7.1. Carbon Fiber
- 7.2. Glass Fiber
- 7.3. Natural fiber
- 7.4. Others
- 8. Global Composites Market, By Manufacturing Process (USD Million) 2021-2034
- 8.1. Layup Process
- 8.2. Filament Winding Process
- 8.3. Injection Molding Process
- 8.4. Pultrusion Process
- 8.5. Compression Molding Process
- 8.6. Resin Transfer Molding Process
- 8.7. Others
- 9. Global Composites Market, By End-User (USD Million) 2021-2034
- 9.1. Aerospace & Defense
- 9.2. Automotive & Transportation
- 9.3. Construction & Infrastructure
- 9.4. Wind Energy
- 9.5. Electrical & Electronics
- 9.6. Construction and Infrastructure
- 9.7. Pipes & Tanks
- 9.8. Marine
- 9.9. Others
- 10. Global Composites Market, (USD Million) 2021-2034
- 10.1. Global Composites Market Size and Market Share
- 11. Global Composites Market, By Region, (USD Million) 2021-2034
- 11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
- 11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
- 11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
- 11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
- 11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America
- 12. Company Profile
- 12.1. Teijin Ltd
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. Toray Industries, Inc
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. Owens Corning
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. PPG Industries, Inc
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. Huntsman Corporation LLC
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. SGL Group
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Hexcel Corporation
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. DuPont
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Compagnie de Saint-Gobain S.A
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. Weyerhaeuser Company
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. Momentive Performance Materials, Inc
- 12.11.1. Company details
- 12.11.2. Financial outlook
- 12.11.3. Product summary
- 12.11.4. Recent developments
- 12.12. Cytec Industries (Solvay, S.A)
- 12.12.1. Company details
- 12.12.2. Financial outlook
- 12.12.3. Product summary
- 12.12.4. Recent developments
- 12.13. China Jushi Co., Ltd
- 12.13.1. Company details
- 12.13.2. Financial outlook
- 12.13.3. Product summary
- 12.13.4. Recent developments
- 12.14. Kineco Limited
- 12.14.1. Company details
- 12.14.2. Financial outlook
- 12.14.3. Product summary
- 12.14.4. Recent developments
- 12.15. Others
- 13. Conclusion
- 14. List of Abbreviations
- 15. Reference Links
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