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[ 英語タイトル ] Composite Material Market - Growth, Trends and Forecast (2020 - 2025)

Product Code : MDCH0082537
Survey : Mordor Intelligence
Publish On : November, 2020
Category : Chemicals and Advanced Materials
Report format : PDF
Sales price option (consumption tax not included)
Single User USD6250 / Question Form
5 User USD6750 / Question Form
Enterprise User USD9500 / Question Form
- Toray Industries, Inc.
- 3M
- DuPont
- DWI Holding B.V.
- Composite Universal Group
- Cabot Corporation
- Mitsubishi Chemical Carbon Fiber and Composites, Inc.
- Owens Corning

[Report Description]

The global composite material market is expected to grow at with a CAGR greater than 5% during the forecast period. One of the major factors driving the market is the increasing technological advancements in the field of material science However, high cost of composite materials is hindering the growth of the market studied.

- Another major factor driving the market studied is emerging use of 3D printing with composites.
- North America accounts for the highest market share and is expected to dominate the market during the forecast period.
- Among the applications, aerospace & defense application dominated the market studied and is expected to dominate the market studied during the forecast period.

Key Market Trends

Carbon Fiber Type to Witness the Highest Growth

- Over the past years there have been a number of changes in the application areas for carbon fiber. Aerospace & defense applications have grown significantly and are now the largest consumers of carbon fiber.
- The automotive segment is becoming increasingly obsessive with consumption of carbon fiber and has increased significantly over the past years. This is mainly because of the factors relating to the reduction of CO2 emissions, lightweight construction and e-mobility.
- The increasing demand for electric vehicles in countries like China and United States is also a major driving factor for the demand for composite material.
- Hence, owing to the above-mentioned factors, carbon fiber is expected to witness the highest growth rate during the forecast period.

Asia-Pacific to Witness the Highest Growth Rate

- Asia-Pacific region accounts for the highest share of composite material market owing to high demand from end-user industries like construction, Industrial, Power, etc.
- The demand for composite material in the Asia-Pacific region is growing at a staggering rate as a result of rapid industrialisation.
- High population ensures high availability of skilled labor and the region’s geographic location provides easy access to composite material markets across the globe.
- Beside this, huge inflow of investments in the construction sector of countries, such as China, India, Vietnam, Singapore, and Japan has positively impacted the growth of the studied market.
- Hence, owing to such factors, the Asia-Pacific region is likely to witness the highest growth rate.

Competitive Landscape

The composite material market is moderately fragmented as the market share is divided between many players. Key players in the market include TORAY INDUSTRIES, INC., 3M, Cabot Corporation, Dupont, and Owens Corning, among others.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
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1.1 Study Assumptions
1.2 Scope of the Study



4.1 Drivers
4.1.1 Technological Advancement in the Field of Material Science
4.1.2 Emerging Use of 3D Printing with Composites
4.1.3 Other Drivers
4.2 Restraints
4.2.1 High Cost of Composite Materials
4.2.2 Other Restraints
4.3 Industry Value-chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition

5.1 Resin
5.1.1 Thermoset Resin Polyester Epoxy Vinyl Ester Pheonolics Cyanate Esters Polyimides Others
5.1.2 Thermoplastic Resins Polyetherimide (PEI) Polyetheretherketone (PEEK) Polyetherketone (PEK) Polyamide-imide (PAI) Polyarylsulfone (PAS) Liquid crystal polymer (LCP) Others
5.2 Fiber Type
5.2.1 Glass fiber
5.2.2 Carbon fiber
5.2.3 Aramid Fiber
5.2.4 Others
5.3 Coating
5.3.1 Gel Coat
5.3.2 Surface Veil
5.4 Adhesives
5.4.1 Epoxies
5.4.2 Bismaleimide (BMI)
5.4.3 Cyanate Ester
5.4.4 Modified Acrylics
5.4.5 Polyurethanes
5.4.6 Silicones
5.5 End-user Industry
5.5.1 Construction
5.5.2 Transportation
5.5.3 Electronics & Electrical
5.5.4 Healthcare
5.5.5 Power
5.5.6 Industrial
5.5.7 Aerospace & Defense
5.5.8 Marine
5.5.9 Others
5.6 Geography
5.6.1 Asia-Pacific China India Japan South Korea ASEAN Countries Rest of Asia-Pacific
5.6.2 North America United States Canada Mexico
5.6.3 Europe Germany United Kingdom France Italy Rest of Europe
5.6.4 South America Brazil Argentina Rest of South America
5.6.5 Middle-East & Africa Saudi Arabia South Africa Rest of Middle-East & Africa

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Toray Industries, Inc.
6.4.2 3M
6.4.3 DuPont
6.4.4 DWI Holding B.V.
6.4.5 Composite Universal Group
6.4.6 Cabot Corporation
6.4.8 Mitsubishi Chemical Carbon Fiber and Composites, Inc.
6.4.9 Owens Corning




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