Global Composites Market Trends, Opportunities and Competitive Analysis Report 2022: Innovations in the Composites, Materials and Technology Needs for the Future, Value Chain and Industry Leaders - ResearchAndMarkets.com

The "Composites Market: Trends, Opportunities and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

The global composites market is expected to reach an estimated $60.6 billion by 2027 with a CAGR of 5.2% from 2021 to 2027.

The future of the composites market looks promising with opportunities in the transportation, marine, wind energy, aerospace, pipe & tank, construction, E&E, consumer goods, and others end uses.

The major drivers for growth in this market are increasing demand for lightweight materials in the aerospace & defense and automotive industries; corrosion- and- chemical-resistant materials' demand in construction, and pipe & tank industries; electrical resistivity and high flame retardant materials' demand in the electrical and electronics industry.

Emerging trends, which have a direct impact on the dynamics of the industry, are the development of low-cost carbon fibers, high performance glass fiber, and rapid cure resin system.

In this market, transportation is the largest end use industry, whereas injection molding is the largest manufacturing process segment.

The analyst forecasts that Injection molding is expected to be the largest process in terms of value and volume over the forecast period in composite manufacturing because of high-output production rate, low labor cost, and design flexibility.

Transportation will remain the largest end use market due to the increasing production and use of lightweight materials in transportation market. The analyst predicts that aerospace is expected to witness the highest growth over the forecast period.

Asia Pacific is expected to remain the largest region by value and volume, and it is also expected to experience the highest growth over the forecast period because of growth in construction, transportation, and the electrical and electronics segments. The major drivers for growth are increasing automotive production, high growth in construction, and infrastructure development.

Some of the composites companies profiled in this report include Owens Corning, Jushi, Nippon Electric, Toray Industries, and Hexcel Corporation.

Features of the Composites Market

• Market Size Estimates: Composites market size estimation in terms of value ($M) and volume (M lbs)
• Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
• Segmentation Analysis: Composites market size by various segments, such as end use industry, manufacturing process, molding compound, resin type, fiber type, fiberglass type, and carbon fiber type in terms of value and volume.
• Regional Analysis: Composites market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different end use industry, manufacturing process, molding compound, resin type, fiber type, fiberglass type, carbon fiber type, and regions for the composites market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the composites market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

Innovations in the Composites Industry

• Gurit's AmpregTM Resin
• New High Shock Resistant Carbon Fiber
• Owens Corning's XSTRANDT line of Fiberglass 3D Printer Filaments
• Owens Corning's new Hybrid Glass/Carbon Fiber
• Owens Corning's Glass-Fiber Reinforced Polymer (GFRP) Composite Reb
• Johns Manville's Nylon 6 Organosheets
• Johns Manville's Glass Reinforced Solutions
• Johns Manville's Glass Reinforced Solutions
• Hexcel's HiTape and HiMaxT for Aerospace
• Hexcel's HexPly for Wind Energy
• Gurit's Balsaflex Lite for Wind Blades
• Gurit's Ampreg 30 Laminating System
• Polynt Composites: low-styrene content (lsc) unsaturated polyester resins
• Novel Water-Insensitive Curing Systems for Bio-Fiber Reinforced Composites New High Tensile Carbon Fiber
• New Meta-Aramid Fiber
• New Composite Toughening System
• New Black Para-Aramid Fiber
• PulStrand 4100 Roving
• New Thermoplastic Textile Prepreg Flame-Retardant, High-Modulus
• Novel Nonwovens to Increase Composite Functionality
• Advalite - Resins for Composite Applications
• Owens Corning's Performax Roving
• Johns Manville's ThermoFlow 636, a New Chopped Strand Glass Fiber
• Dow Introduced New Polyurethane Series VORAFORCE TW 1100
• Cytec Industrial Materials has Developed New Prepreg Named MTM 23 for Automotive
• Momentive's EPIKOTE Binder System 620 for Automotive
• New Two Part Epoxy Resin System by Cytec
• Cytec Industries' Vinyl Ester Prepreg for Automotive
• Hexcel's Epoxy Prepreg HexPly M77
• AOC's Low-Density Sheet Molding Compound
• PremierUVT Sheet Molding Compound by The Composite Group
• Core Molding Technologies' AiriliteT Ultra-Low-Density SMC
• Globe Machine Manufacturing's Second Generation Autoclave Processing Technology
• Magnum Venus' Mix Gun Talon-X with Enhanced Features

Value Chain Analysis and Industry Leaders

• Value Chain Analysis
• Industry Leaders
• Industry Leaders in Material Supplier Category
• Industry Leaders in Glass Fibers
• Industry Leaders in Carbon Fibers
• Industry Leaders in Aramid Fibers
• Industry Leaders in Prepreg Manufacturing
• Industry Leaders in UPR Market
• Leaders in End Use Market
• Industry Leaders in Aerospace Market
• Leaders in Marine Industry
• Leaders in the Recreational Industry
• Market Leaders in Automotive Industry
• Industry Leaders in Automotive Tier 1 Suppliers

Materials and Technology Needs for the Future Composites Industry

• Need for Low Cost Raw Materials
• Resins and Fiber Material with Higher Strain to Failure
• Better UV and Chemical Resistant Materials
• Low-Cost Manufacturing Process for Large and Small Parts
• Need For High Temperature Composite Materials
• Low Shrinkage Materials
• Composite Materials with improved Wear and Tear Resistance
• Damping and Noise Resistance Materials
• Optimal Resin and Additive Systems for Closed Molding Operations
• Product Manufacturability and Affordability
• Flexible Gelcoats
• Flame Resistance Materials
• Self-Healing Materials
• Manufacturing Process with Low Processing Time
• Flexible Honeycomb Core
• Fabric Wrinkling Resistance
• Method of Cutting Wet Prepregs
• Need for Moisture Resistance Honeycomb Cores
• Fast Cure Epoxy Resin

For more information about this report visit https://www.researchandmarkets.com/r/f9us30

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