Global advanced composites market stood at $ 22 billion in 2017 and is projected to grow at a CAGR of more than 9%, to surpass $ 36 billion by 2023. Growth in the market can be attributed to diverse applications of advanced composites in multiple industries such as aerospace, automotive, building & construction, transportation, electrical and electronics and many others. Moreover, demand for lightweight composites is increasing in aerospace and transport sector, thereby contributing to the overall growth of the global advanced composites market. Additionally, various advanced composites manufacturers such as Plasan Carbon Composites, Hexcel Corp. Industry, etc., are planning to expand composite production capacity across various countries, to cater to the growing global demand for advanced composites based products in the coming years.

Years Considered for this Report:

Historical Years: 2013 – 2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019 – 2023

Objective of the Study:

  • The primary objective of the study was to evaluate and forecast the global advanced composites market size.
  • To categorize the market on the basis of Fiber Type, Resin Type, End Use Industry, Manufacturing Process, Region and Company.
  • To understand major policies and regulations which can positively or negatively impact the global advanced composites market.
  • To identify major drivers, challenges and trends in the global advanced composites market.
  • To identify major customers and distributors of advanced composites in the global market.
  • To evaluate pricing analysis in the global advanced composites market.
  • To identify and profile major companies operating in the global advanced composites market.


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Some of the major players operating in the global advanced composites market are Toray Industries Inc., Hexcel Corporation, Solvay SA, Teijin Limited, Mitsubishi Chemical Holding Corporation, SGL Carbon SE, TenCate Advanced Composites BV, Plasan Carbon Composites, Inc., DowAksa Advanced Composites Holdings BV, and BASF SE, among others.

To extract data for global advanced composites market, primary research surveys were conducted with advanced composites manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, TechSci Research analyzed various end user segments and projected a positive outlook for the global advanced composites market over the coming years.

TechSci Research calculated the global advanced composites market size using a bottom-up approach, wherein manufacturers’ value sales data for application types (Automotive, Aerospace, Construction, Electricals and Electricals, and Others) was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as Company Websites, Association Reports, Annual Reports, Ministry of Corporate Affairs, etc., were also studied by TechSci Research.


Key Target Audience:

  • Advanced composites manufacturers, distributors and other stakeholders
  • Major end users of advanced composites
  • Organizations, forums and alliances related to advanced composites
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as advanced composites manufacturers, customers and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

 

Report Scope:

In this report, the global advanced composites market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Fiber Type:
    • Carbon Fiber Composites
    •  Aramid Fiber Composites
    •  S-Glass Composites
    • Others
  • Market, By Resin Type:
    •  Advanced Thermosetting Composites
    •  Advanced Thermoplastic Composites Products
  • Market, By End Use Industry:
    • Aerospace
    • Wind Energy
    • Transportation
    • Sporting Goods
    • Pine and Tanks
    •  Civil Engineering
    •  Electrical and Electronics
    • Others
  • Market, By Manufacturing Process:
    • Compression Molding Process
    • Lay Up Process
    • Resin Transfer Process
    • Filament Winding Process
    •  Injection Molding Process
    •  Pultrusion Process
    • Others
  • Market, By Region:
    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East & Africa
  • Market, By Company:
    • Toray Industries Inc.
    • Hexcel Corporation
    • Solvay SA
    • Teijin Limited
    • Mitsubishi Chemical Holding Corporation
    • Others

Competitive Landscape

Company Benchmarking: Benchmarking of leading players on the basis of end use industry.

Company Profiles: Detailed analysis of major companies operating in the global advanced composites market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. Following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across all the regions.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Customer Profiling

  • List of major customers

In case you can’t find what you are looking for, then please get in touch with our custom research team at sales@techsciresearch.com

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Voice of Customer

4.1.    Brand Awareness

4.2.    Brand Satisfaction Level

4.3.    Factors Influencing Purchase Decision

4.4.    Challenges & Unmet Needs

5.       Global Advanced Composites Market

5.1.    Global Advanced Composites Production Outlook

5.2.    Market Size & Forecast

5.2.1. By Value

5.2.2. By Volume

5.3.    Market Share & Forecast

5.3.1. By Fiber Type (S-Glass Composite, Aramid Fiber Composite, Carbon Fiber Composites, Others)

5.3.2. By Resin Type (Advanced Thermosetting Composites, Advanced Thermoplastic Composites)

5.3.3. By Advanced Thermosetting Composite Type (Phenolics, Polyimides, Cyante esters, Bismalemides, Epoxies, Vinyl esters, Polyesters, Others)

5.3.4. By Advanced Thermoplastic Composite Product Type (Glass mat thermoplastic, Long fiber thermoplastic, Continuous fiber thermoplastic, Short fiber thermoplastic

5.3.5. By End Use Industry (Transportation, Civil Engineering, Wind Energy, Aerospace, Sporting goods, Electrical & electronics, Pine and Tanks)

5.3.6. By Manufacturing Process (Hand Lay Process, Injection Molding, Filament Windings, Compression Molding, Pultrusion, Resin Transfer Method)

5.3.7.  By Region

5.3.8. By Company

5.4.    Market Attractiveness Index (By Fiber Type)

6.       North America Advanced Composites Market Outlook

6.1.    Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.2.    Market Share & Forecast

6.2.1. By Fiber Type

6.2.2. By Resin Type (Advanced Thermosetting Composites, Advanced Thermoplastic Composites)

6.2.3. By Advanced Thermosetting Composite Type

6.2.4. By Thermoplastic Composite Product Type

6.2.5. By End Use Industry

6.2.6. By Country

6.2.6.1. United States Advanced Composites Market Outlook

6.2.6.1.1.     Market Size and Forecast

6.2.6.1.1.1.   By Value

6.2.6.1.2.     Market Share and Forecast

6.2.6.1.2.1.   By Fiber Type

6.2.6.1.2.2.   By End Use Industry

6.2.6.1.3.     Competition Outlook

6.2.6.2. Canada Advanced Composites Market Outlook

6.2.6.2.1.     Market Size and Forecast

6.2.6.2.1.1.   By Value

6.2.6.2.2.     Market Share and Forecast

6.2.6.2.2.1.   By Fiber Type

6.2.6.2.2.2.   By End Use Industry

6.2.6.2.3.     Competition Outlook

6.2.6.3. Mexico Advanced Composites Market Outlook

6.2.6.3.1.     Market Size and Forecast

6.2.6.3.1.1.   By Value

6.2.6.3.2.     Market Share and Forecast

6.2.6.3.2.1.   By Fiber Type

6.2.6.3.2.2.   By End Use Industry

6.2.6.3.3.     Competition Outlook

6.2.6.4.     Pricing Analysis

7.       Europe Advanced Composites Market Outlook

7.1.    Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume

7.2.    Market Share & Forecast

7.2.1. By Fiber Type

7.2.2. By Resin Type (Advanced Thermosetting Composites, Advanced Thermoplastic Composites)

7.2.3. By Advanced Thermosetting Composite Type

7.2.4. By Thermoplastic Composite Product Type

7.2.5. By End Use Industry

7.2.6. By Country

7.2.6.1. Germany Advanced Composites Market Outlook

7.2.6.1.1.  Market Size and Forecast

7.2.6.1.1.1.   By Value

7.2.6.1.2.  Market Share and Forecast

7.2.6.1.2.1.   By Fiber Type

7.2.6.1.2.2.   By End Use Industry

7.2.6.1.3.  Competition Outlook

7.2.6.2. France Advanced Composites Market Outlook

7.2.6.2.1.  Market Size and Forecast

7.2.6.2.1.1.   By Value

7.2.6.2.2.  Market Share and Forecast

7.2.6.2.2.1.   By Fiber Type

7.2.6.2.2.2.   By End Use Industry

7.2.6.2.3.  Competition Outlook

7.2.6.3. Spain Advanced Composites Market Outlook

7.2.6.3.1.  Market Size and Forecast

7.2.6.3.1.1.   By Value

7.2.6.3.2.  Market Share and Forecast

7.2.6.3.2.1.   By Fiber Type

7.2.6.3.2.2.   By End Use Industry

7.2.6.3.3.  Competition Outlook

7.2.6.4. United Kingdom Advanced Composites Market Outlook

7.2.6.4.1.  Market Size and Forecast

7.2.6.4.1.1.   By Value

7.2.6.4.2.  Market Share and Forecast

7.2.6.4.2.1.   By Fiber Type

7.2.6.4.2.2.   By End Use Industry

7.2.6.4.3.  Competition Outlook

7.2.6.5. Italy Advanced Composites Market Outlook

7.2.6.5.1.  Market Size and Forecast

7.2.6.5.1.1.   By Value

7.2.6.5.2.  Market Share and Forecast

7.2.6.5.2.1.   By Fiber Type

7.2.6.5.2.2.   By End Use Industry

7.2.6.5.3.  Competition Outlook

7.2.6.6.  Pricing Analysis

8.       Asia-Pacific Advanced Composites Market Outlook

8.1.    Market Size & Forecast

8.1.1. By Value

8.1.2. By Volume

8.2.    Market Share & Forecast

8.2.1. By Fiber Type

8.2.2. By Resin Type (Advanced Thermosetting Composites, Advanced Thermoplastic Composites)

8.2.3. By Advanced Thermosetting Composite Type

8.2.4. By Thermoplastic Composite Product Type

8.2.5. By End Use Industry

8.2.6. By Country

8.2.6.1. China Advanced Composites Market Outlook

8.2.6.1.1.  Market Size and Forecast

8.2.6.1.1.1.   By Value

8.2.6.1.2.  Market Share and Forecast

8.2.6.1.2.1.   By Fiber Type

8.2.6.1.2.2.   By End Use Industry

8.2.6.1.3.  Competition Outlook

8.2.6.2. Japan Advanced Composites Market Outlook

8.2.6.2.1.  Market Size and Forecast

8.2.6.2.1.1.   By Value

8.2.6.2.2.  Market Share and Forecast

8.2.6.2.2.1.   By Fiber Type

8.2.6.2.2.2.   By End Use Industry

8.2.6.2.3.  Competition Outlook

8.2.6.3. India Advanced Composites Market Outlook

8.2.6.3.1.  Market Size and Forecast

8.2.6.3.1.1.   By Value

8.2.6.3.2.  Market Share and Forecast

8.2.6.3.2.1.   By Fiber Type

8.2.6.3.2.2.   By End Use Industry

8.2.6.3.3.  Competition Outlook

8.2.6.4. South Korea Advanced Comp