Global High Performance Composite Market Report By Fibers (Carbon Fibre, S-Glass, Aramid Fibre), Resins (Epoxy, Thermoplastics, Polyester, Phenolics, and Others), Applications (Aerospace, Industrial and Automotive, Defence and Safety, Energy, Consumer, Construction, Electronics, and Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2017-2024
ID:VMR11210025
April 2018
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Owing to durable, lightweight, chemical & heat resistance nature of high performance composites is generating high demand within aerospace, automotive, construction, and oil & gas industries are driving the market growth. Rising need of the renewable source of energy especially from developed countries is likely to foster the demand of high performance composites in forecasting period. Increasing application of high performance composites in automotive & aerospace industry owing to need of lightweight & durable materials is anticipated to boost the market growth.

The latest report by Value Market Research expects the Global High Performance Composite Market to reach at USD 32,710.5 MN from the year 2017 to 2024 with a CAGR of 7.5%. Whereas, by volume, the market was estimated at XX.X KT in 2017 and is expected to reach XX.X KT by 2024 with a CAGR of X.X%.
 
S-GLASS TO GAIN MAXIMUM REVENUE BY THE END OF 2024
S-glass has dominated the fiber segment owing to high strength, improved mechanical properties and resistance to chemicals & heat are the factors driving the segment growth. S-glass fiber is presumed to reach up to USD 21,864.1 MN by the end of the year 2024. Booming construction sector will directly upsurge the demand of s-glass owing to rising use in building facades, piping, channels & others.
 
THERMOPLASTICS DOMINATED THE RESIN SEGMENT
Thermoplastic has led the segment and is expected to the maintain its dominance by the end of the year 2024. Owing to an increase in demand & production capacities from end-use industries such as construction, automotive, transport & others are boosting the segment growth.
 
AEROSPACE DOMINATED THE APPLICATION SEGMENT
By application, aerospace led the segment owing to lightweight, stiff materials with enhanced mechanical properties are boosting the application of composites in the aerospace industry.
 
EUROPE DOMINATED THE REGIONAL MARKET
Europe is expected to reach at USD 7,821.63 MN by the end of the year 2024. Europe has led the regional segment owing to the growing demand for the product from Eastern European countries like Russia, Bulgaria, and Romania.
 
KEY PLAYERS OF THE MARKET
Major vendors of the high performance composite market are Arkema SA, BASF, E. I. Du Pont De Nemours And Company, Hexcel Corporation, Hyosung Corp., Koninklijke Tencate NV, Owen Corning, SGL Carbon SE, Solvay SA, Teijin Ltd and Toray Industries.

As per this study the global high performance composite market was valued USD 20,143.5 MN (by revenue) in 2017 and is anticipated to reach USD 32,710.5 MN by 2024 with a CAGR of 7.5%. By volume, the market was estimated at XX.X KT in 2017 and is expected to reach XX.X KT by 2024 with a CAGR of X.X%.
 
Composite or fiber-reinforced polymer (FRP) refers to materials prepared by the combination of two or more materials to gain enhanced physiochemical properties. Composites are matrix polymers, reinforced with man-made or natural occurring fiber. These materials exhibit superior strength, stiffness, and low weight and can be formed into complex shapes.  Introduction of widespread glass and resin combinations in high performance composites makes is an ideal material to achieve specific performance requirements. Thus, composite materials are replacing metal and plastic in numerous industrial application.
 
Objectives of the Study:

  • Define and measure the global high performance composite market
  • Volume and revenue forecast of the global high performance composite market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
 
Market Dynamics
 
Increase in fuel prices and a rise in demand for automobiles globally is expected to propel the need for lightweight and fuel-efficient vehicles across the globe. Carbon fiber application in wind energy is a major application segment for carbon fiber and its composites. Owing to stringent carbon emission norms, there is a great demand for renewable energy sources from developed countries. Wind energy is one of the cleanest forms of renewable energy. The increased capacities of wind energy installations are expected to be a boon for the carbon fiber market. The building & construction industry has traditionally been the largest consumer of glass fibers. Glass fiber reinforced composites find extensive use in various residential, non-residential, and commercial building applications. However, recyclability concerns of high performance composite may hinder the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of high performance composite.
 
Market Segmentation
 
The broad high performance composite market has been sub-grouped into fiber, resins and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Fibers Market Share 2017
 
High Performance Composite Market By Fibers
 
By Fibers
  • Carbon Fibre
  • S-Glass
  • Aramid Fibre
 
By Resins
  • Epoxy
  • Thermoplastics
  • Polyester
  • Phenolics
  • Others
 
By Applications
  • Aerospace
  • Industrial and Automotive
  • Defence and Safety
  • Energy
  • Consumer
  • Construction
  • Electronics
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for high performance composite in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe High Performance Composite Market By Revenue (USD MN)
 
Europe High Performance Composite Market By Revenue
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the high performance composite market include Arkema SA, BASF SE, E. I. Du Pont De Nemours and Company, Hexcel Corporation, Hyosung Corp., Koninklijke Tencate NV, Owen Corning, Sgl Carbon SE, Solvay SA, Teijin Ltd, and Toray Industries. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
Major Company Players Market Share
 
Major Players of High Performance Composite Market
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1. INTRODUCTION

  • Introduction To High Performance Composite Market
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
 
2. EXECUTIVE SUMMARY
  • Market Highlight
  • Global High Performance Composite Market: Snapshot
 
3. MARKET ANALYSIS
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
 
4. HIGH PERFORMANCE COMPOSITE MARKET ANALYSIS BY FIBRE
  • Market In Carbon Fibre
  • Market In S-Glass
  • Market In Aramid Fibre
 
5. HIGH PERFORMANCE COMPOSITE MARKET ANALYSIS BY RESIN
  • Market In Epoxy
  • Market In Thermoplastics
  • Market In Polyester
  • Market In Phenolics
  • Market In Others
 
6. HIGH PERFORMANCE COMPOSITE MARKET ANALYSIS BY APPLICATION
  • Market In Aerospace
  • Market In Industrial and Automotive
  • Market In Defence and Safety
  • Market In Energy
  • Market In Consumer
  • Market In Construction
  • Market In Electronics
  • Market In Others
 
7. HIGH PERFORMANCE COMPOSITE MARKET ANALYSIS BY GEOGRAPHY
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Canada Market Estimates By Segments
    • Mexico Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
 
8. COMPETITIVE LANDSCAPE OF THE HIGH PERFORMANCE COMPOSITE COMPANIES
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
 
9. COMPANY PROFILES OF THE HIGH PERFORMANCE COMPOSITE INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • ARKEMA SA
  • BASF SE
  • E. I. DU PONT DE NEMOURS AND COMPANY
  • HEXCEL CORPORATION
  • HYOSUNG CORP.
  • KONINKLIJKE TENCATE NV
  • OWEN CORNING
  • SGL CARBON SE
  • SOLVAY SA
  • TEIJIN LTD
  • TORAY INDUSTRIES
 
* Tentative TOC
 
 
LIST OF TABLES
 
Table 1.  Market Highlights Of High Performance Composite
Table 2.  Global High Performance Composite Market By Fibers
Table 3.  Global High Performance Composite Market By Resin
Table 4.  Global High Performance Composite Market By Application
Table 5.  Global High Performance Composite Market By Geography
Table 6.  North America High Performance Composite Market
Table 7.  Europe High Performance Composite Market
Table 8.  Asia Pacific High Performance Composite Market
Table 9.  Latin America High Performance Composite Market
Table 10. Middle East And Africa High Performance Composite Market
Table 11. Partnership/Collaboration/Agreements
Table 12. Mergers And Acquisitions
Table 13. New Product Development
Table 14. Other Developments
  
LIST OF FIGURES
 
Fig. 1.     Market Segmentation Of High Performance Composite Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of High Performance Composite
Fig. 5.     Value Chain Analysis
Fig. 6.     Porter’s Five Forces Analysis
Fig. 7.     Global High Performance Composite Market By Fiber
Fig. 8.     Global High Performance Composite Market By Resin
Fig. 9.     Global High Performance Composite Market By Application
Fig. 10.   Global High Performance Composite Market By Geography
Fig. 11.   North America High Performance Composite Market
Fig. 12.   Europe High Performance Composite Market
Fig. 13.   Asia Pacific High Performance Composite Market
Fig. 14.   Latin America High Performance Composite Market
Fig. 15.   Middle East And Africa High Performance Composite Market
Fig. 16.   Market Share Of High Performance Composite Companies
Fig. 17.   Recent Developments In High Performance Composite Industry
 
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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