- Historical and recent key insights
- Market size by company, key regions/countries
- Driving forces and roadblocks
- Value chain analysis with price analysis and forecast
- New prospects and targeted marketing methodologies
- R&D and the demand for new product launches and applications.
- New Project Investment Feasibility Analysis
- Toray Industries Inc.
- Koninklijke Ten Cate B.V.
- Mitsubishi Chemical Holding Corporation
- Hexcel Corporation
- DowAksa Advanced Composites Holdings BV
- Huntsman International, LLC.
- 3M Company
- Honeywell International Inc.
- Teijin Limited
- PPG Industries
- Advanced Composites Inc.
- Axalta Coating Systems, LLC.
Growth Drivers:
The advanced composites market is driven by increasing demand for lightweight, high-strength materials across aerospace, automotive, wind energy, and sports industries. The global shift toward fuel-efficient vehicles and aircraft is significantly boosting composite adoption, as these materials reduce weight while maintaining superior performance. Expanding wind turbine installations require carbon fiber composites for blades due to their high stiffness and durability. Rapid growth in electric vehicles is further elevating the need for composites in battery casings, structural components, and interior systems. Advancements in resin systems, automated production technologies, and thermoplastic composites are lowering costs and facilitating wider commercialization. Defense industry modernization programs and infrastructural upgrades also contribute to market growth. Increasing interest in sustainable and recyclable composite materials provides new opportunities.
Market Segmentation:
The market is segmented by fiber type into carbon fiber, glass fiber, and aramid fiber composites. By resin type, segments include epoxy, polyester, phenolic, and thermoplastic resins. Applications cover aerospace components, automotive structures, wind turbines, construction materials, marine systems, and sports equipment. End-use industries include transportation, energy, defense, building & construction, and consumer goods. Regionally, the market spans North America, Europe, Asia-Pacific, and Rest of the World, with North America and Europe dominating due to mature aerospace and automotive sectors.
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and the rest of South America)
- The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
- The report estimates the market share, value, and future development plans of the major industry manufacturers.
- It provides a better knowledge of the market’s prospects and prognosis for the time period.
- A comprehensive analysis of factors that drive and restrain the growth of the industry is provided.
- The report provides a comprehensive analysis of the market with respect to dynamics, competitive analysis, and upcoming Advanced Composites market trends.
- The projections in this report are made by analyzing the current trends and future market potential in terms of value.