DUBLIN--(BUSINESS WIRE)--The "Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process, End-use Industry and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
Natural fiber composites are projected to register the highest CAGR in terms of value between 2019 and 2024. Natural fibers, such as flax, hemp, jute, and kenaf, along with a polymer matrix, such as polypropylene, epoxy, polyethylene, or polyesters, form the natural fiber composite. The use of natural fiber composites is growing as an alternative to glass fiber composites in many end-use industries.
Thermoplastic composites are the fastest-growing resin type. The thermoplastic composites are easy to remold, and reform and hence can be reused. Thus, the companies are investing in R&D for the mass production of thermoplastic composites to reduce its cost. This is expected to drive the market for thermoplastic composites during the forecast period.
The resin transfer molding manufacturing process is projected to register the highest CAGR in terms of value between 2019 and 2024. This process yields increased laminate compression, high glass-to-resin ratio, and outstanding strength-to-weight characteristics. Thus, the process is expected to grow during the forecast period.
APAC is projected to register the highest CAGR in terms of value in the global composites market during the forecast period. APAC dominated the composites industry in 2018. The composites manufacturing companies have ample opportunities in the APAC market in comparison to the European and North American counterparts owing to low-cost labor and raw materials. The growth of the composites industry in this region is supported by the advancement of composite technology solutions and penetration of composites in various end-use industries.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Composites Market
4.2 Composites Market, By Manufacturing Process and Region
4.3 Composites Market, By End-Use Industry
4.4 Composites Market, By Fiber Type
4.5 Composites Market, By Resin Type
4.6 Composites Market, By Key Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Porter's Five Forces Analysis
6 Macroeconomic Overview and Key Trends
6.1 Introduction
6.2 Trends and Forecast of GDP
6.3 Per Capita GDP Vs. Per Capita Composite Materials Demand
6.4 Trends in Wind Energy Industry
6.5 Trends in Aerospace Industry
6.6 Trends in Automotive Industry
6.7 Trends in Construction Industry
7 Composites Market, By Fiber Type
7.1 Introduction
7.2 Glass Fiber Composites
7.3 Carbon Fiber Composites
7.4 Natural Fiber Composites
8 Composites Market, By Resin Type
8.1 Introduction
8.2 Thermoset Composites
8.3 Thermoplastic Composites
9 Composites Market, By Manufacturing Process
9.1 Introduction
9.2 Lay-Up Process
9.3 Filament Winding Process
9.4 Injection Molding Process
9.5 Pultrusion Process
9.6 Compression Molding Process
9.7 Resin Transfer Molding (RTM) Process
10 Composites Market, By End-Use Industry
10.1 Introduction
10.2 Transportation
10.3 Aerospace & Defense
10.4 Wind Energy
10.5 Construction & Infrastructure
10.6 Pipe & Tank
10.7 Marine
10.8 Electrical & Electronics
11 Composites Market, By Region
12 Competitive Landscape
12.1 Introduction
12.2 Competitive Leadership Mapping
12.3 Strength of Product Portfolio
12.4 Business Strategy Excellence
12.5 Market Ranking
12.6 Competitive Scenario
12.6.7 Joint Venture
13 Company Profiles
14 Appendix
Companies Mentioned
- BASF SE
- Binani Industries Ltd.
- Chongqing Polycomp International Corporation
- Dowaksa
- E. I. Du Pont Nemours & Co.
- Gaffco Ballistics
- Gurit
- Henkel AG & Co. KGaA
- Hexcel Corporation
- Hexion
- Honeywell International Inc.
- Huntsman International LLC.
- Jushi Group Co., Ltd.
- Kineco Kaman Composites - India Private Limited
- Koninklijke Ten Cate BV.
- Mitsubishi Chemical Holdings Corporation
- Nippon Electric Glass Co. Ltd.
- Owens Corning
- Renegade Materials Corporation
- SGL Group
- Solvay
- Taishan Fiberglass Inc.(CTG)
- Teijin Limited
- Toray Industries, Inc.
- Trex Company, Inc.
- UPM Biocomposites
- Weyerhaeuser Company
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