March 5, 2024

Advanced Composites Market Size to Grow US$ 109.8 Billion By 2030

The global advanced composites market size was valued at US$ 38.4  billion in 2021 and is anticipated to grow US$ 109.8  billion by 2030, registering a CAGR of 12.38% from 2022 to 2030.

Advanced Composites Market Size 2022 To 2030

Key Takeaway:

  • By product, the glass fibre composites segment has accounted 28% revenue share in 2021.
  • The carbon fibre composites segment is expected to grow at a CAGR of 10.8% from 2022 to 2030.
  • The wind energy application segment is growing at a CAGR of 8.9% from 2022 to 2030.
  • The automotive sector is expected to reach at a CAGR of 8.7% from 2022 to 2030.

The advanced composites market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the advanced composites market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the advanced composites report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the advanced composites market have been studied and analysed across many developments.

Report Scope of the Advanced Composites Market

Report Coverage Details
Market Size in 2022 USD 43.15 Billion
Market Size by 2030 USD 109.8 Billion
Growth Rate from 2022 to 2030 CAGR of 12.38%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Product, Application Type, Resin, Manufacturing Process, and Geography

Research Approach

The comprehensive report on the global advanced composites market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global advanced composites market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

  • Toray Industries, Inc.
  • Koninklijke Ten Cate NV
  • Teijin Limited
  • Hexcel Corporation
  • SGL Group
  • Cytec Solvay Group
  • Owens Corning
  • E. I. Dupont De Nemours and Company
  • Huntsman Corporation
  • Momentive Performance Materials Inc.
  • WS Atkins plc
  • AGY Holdings Corp.
  • Formosa Plastics Corporation

Market Segmentations

By Product

  • Aramid Fiber Composites
  • Carbon Fiber Composites
  • S-Glass Fiber Composites
  • Others

By Application Type

  • Aerospace & defense
  • Automotive
  • Transportation
  • Electrical & Electronics
  • Wind energy
  • Civil Engineering
  • Medical
  • Marine
  • Sporting goods
  • Others

By Resin

  • Advanced Thermosetting Composites
  • Advanced Thermoplastic Composites

By Manufacturing Process

  • Hand layup/ Spray Layup
  • Pultrusion
  • AFP/ATL
  • Injection Molding
  • Compression Molding
  • Filament Winding
  • RTM/VARTM
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Advanced Composites Market 

5.1. COVID-19 Landscape: Advanced Composites Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Advanced Composites Market, By Product

8.1. Advanced Composites Market, by Product, 2022-2030

8.1.1. Aramid Fiber Composites

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Carbon Fiber Composites

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. S-Glass Fiber Composites

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Advanced Composites Market, By Application Type

9.1. Advanced Composites Market, by Application Type, 2022-2030

9.1.1. Aerospace & defense

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Automotive

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Transportation

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Electrical & Electronics

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Wind energy

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.6. Civil Engineering

9.1.6.1. Market Revenue and Forecast (2017-2030)

9.1.7. Medical

9.1.7.1. Market Revenue and Forecast (2017-2030)

9.1.8. Marine

9.1.8.1. Market Revenue and Forecast (2017-2030)

9.1.9. Sporting goods

9.1.9.1. Market Revenue and Forecast (2017-2030)

9.1.10. Others

9.1.10.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Advanced Composites Market, By Resin 

10.1. Advanced Composites Market, by Resin, 2022-2030

10.1.1. Advanced Thermosetting Composites

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Advanced Thermoplastic Composites

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Advanced Composites Market, By Manufacturing Process 

11.1. Advanced Composites Market, by Manufacturing Process, 2022-2030

11.1.1. Hand layup/ Spray Layup

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Pultrusion

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. AFP/ATL

11.1.3.1. Market Revenue and Forecast (2017-2030)

11.1.4. Injection Molding

11.1.4.1. Market Revenue and Forecast (2017-2030)

11.1.5. Compression Molding

11.1.5.1. Market Revenue and Forecast (2017-2030)

11.1.6. Filament Winding

11.1.6.1. Market Revenue and Forecast (2017-2030)

11.1.7. RTM/VARTM

11.1.7.1. Market Revenue and Forecast (2017-2030)

11.1.8. Others

11.1.8.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Advanced Composites Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Product (2017-2030)

12.1.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.1.3. Market Revenue and Forecast, by Resin (2017-2030)

12.1.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Product (2017-2030)

12.1.5.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Resin (2017-2030)

12.1.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Product (2017-2030)

12.1.6.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Resin (2017-2030)

12.1.6.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Product (2017-2030)

12.2.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.2.3. Market Revenue and Forecast, by Resin (2017-2030)

12.2.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Product (2017-2030)

12.2.5.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Resin (2017-2030)

12.2.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Product (2017-2030)

12.2.6.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Resin (2017-2030)

12.2.6.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Product (2017-2030)

12.2.7.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Resin (2017-2030)

12.2.7.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Product (2017-2030)

12.2.8.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Resin (2017-2030)

12.2.8.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Product (2017-2030)

12.3.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.3.3. Market Revenue and Forecast, by Resin (2017-2030)

12.3.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Product (2017-2030)

12.3.5.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Resin (2017-2030)

12.3.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Product (2017-2030)

12.3.6.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Resin (2017-2030)

12.3.6.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Product (2017-2030)

12.3.7.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Resin (2017-2030)

12.3.7.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Product (2017-2030)

12.3.8.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Resin (2017-2030)

12.3.8.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Product (2017-2030)

12.4.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.4.3. Market Revenue and Forecast, by Resin (2017-2030)

12.4.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Product (2017-2030)

12.4.5.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Resin (2017-2030)

12.4.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Product (2017-2030)

12.4.6.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Resin (2017-2030)

12.4.6.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Product (2017-2030)

12.4.7.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Resin (2017-2030)

12.4.7.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Product (2017-2030)

12.4.8.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Resin (2017-2030)

12.4.8.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Product (2017-2030)

12.5.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.5.3. Market Revenue and Forecast, by Resin (2017-2030)

12.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Product (2017-2030)

12.5.5.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Resin (2017-2030)

12.5.5.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Product (2017-2030)

12.5.6.2. Market Revenue and Forecast, by Application Type (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Resin (2017-2030)

12.5.6.4. Market Revenue and Forecast, by Manufacturing Process (2017-2030)

Chapter 13. Company Profiles

13.1. Toray Industries, Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Koninklijke Ten Cate NV

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Teijin Limited

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Hexcel Corporation

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. SGL Group

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Cytec Solvay Group

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Owens Corning

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. E. I. Dupont De Nemours and Company

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Huntsman Corporation

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Momentive Performance Materials Inc.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global advanced composites market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for advanced composites are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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