The Composites industry is thoroughly researched in this report, noting important aspects like industry competition, global and regional growth, industry segmentation, and industry structure. The report analysts have estimated the size of the global industry in terms of value and volume using the latest research tools and techniques. The report also includes estimates for industry share, revenue, production, consumption, gross profit margin, CAGR, and other key factors. Readers can enhance their knowledge of the trading strategies, recent developments, and the current and future progress of the key players in the Composites industry.
The report includes an in-depth study of the global Composites Industry , where segments and sub-segments are analyzed in quite detail. This research will help players focus on high-growth segments and modify their business strategies. The Composites industry is segmented based on type, application, and geography. The regional segmentation research presented in the report provides players with valuable insights and data regarding key geographic industries such as North America, China, Europe, India, the US, the UK, and MEA. Our researchers and analysts use reliable primary and secondary sources for research and data.
Scope of The Study:
The global composites market size is projected to reach USD 112.0 billion by 2027, exhibiting a CAGR of 6.88% during the forecast period. Increasing utilization of composite materials in 3D printing applications will broaden the horizons of this market, observes Fortune Business Insights™ in its report, titled “Composites Market Size, Share and Global Trend, Forecast, 2020-2027”. 3D printing technology holds an enormous potential for the manufacturing sector, allowing producers to efficiently create parts, machineries, and equipment at relatively low costs.
Fortune Business Insights™ offers its clients comprehensive research and analysis based on a wide variety of factual inputs, which majorly include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the Composites industry report requirements of a particular industry segment. These analytical tools and models distill the data & statistics and enhance the accuracy of our recommendations and advice.
List of Worldwide Companies in the Composites Industry:
- Composite Solutions
- Exel Group
- Huntsman International LLC
- Hexcel Corporation
- Teijin Limited
- Owens Corning
- SGL Carbon
- Mitsubishi Chemical Holdings Corporation
- Toray Industries, Inc.
Global Composites Industry Analysis:
Industry Coverage: This section includes brief information about key products sold in the global Composites industry followed by an overview of important segments and manufacturers covered in the report. It also gives highlights of industry size growth rates of different types and application segments. Furthermore, it includes information about study objectives and years considered for the complete research study.
Executive Summary: Here, the Composites report focuses on key trends of various products and other industries. It also shares an analysis of the competitive landscape, where prominent players and industry concentration ratios are shed light upon. Prominent players are studied on the basis of their date of industry entry, products, manufacturing base distribution, and headquarters.
industry Size by Manufacturer: In this part of the report, expansion plans, mergers and acquisitions, and price, revenue, and production by the manufacturer are analyzed. This section also provides revenue and production shares by the manufacturer.
Production by Region: Apart from global production and revenue shares by region, the analyst has shared critical information about regional production in the different geographical industries. Each regional industry is analyzed by taking into account vital factors, viz. import and export, key players, and revenue, besides production.
Key Industry Players: Leading players of the industry are profiled here on the basis of economic activity and plans, SWOT analysis, products, revenue, production, and other company details.
Entry Strategy for Key Countries: Entry strategies for all of the country-level industries studied in the report are provided here. Opportunities and Challenges, Threats, and Affecting Factors. It includes Porter’s Five Forces analysis, industry challenges, opportunities, and other industry dynamics.
Key Findings of the Study: These give a clear picture of the current and future status of the global Composites industry.
Prominent Presence of Industry Players to Favor Growth in the Asia Pacific MarketAsia Pacific dominated the composites market share with a size of USD 43.76 billion in 2019 on account of the strong presence and robust operations of some of the biggest players in the composites industry such as Toray and Mitsubishi. These companies have been injecting large amount of funds into research and development to create new composite solutions and meet the rapidly rising demand for these materials from diverse industries in the region.The market in North America is benefiting from the extensive utilization of composite materials by the region’s well-established aerospace &defense industry. In Europe, the market dynamics will be primarily shapedby the region’s massive automotive industry, increasing uptake of EVs, and favorable governmental policies promoting the adoption of lightweight materials in vehicle manufacturing.
Key Questions addressed by the report:
- What is the main driving factor for the growth of the Asia Pacific Composites industry?
- What are the restraining factors of the industry?
- Who are the key industry players?
- Which region holds the biggest industry share?
- What are the recent trends in the Asia Pacific Composites industry?