High Performance Composites Market, By Resin Type (Thermoset Resins and Thermoplastic Resins), By Fibre Type (Carbon Fiber Composites, S-glass Composites, and Aramid Fiber Composites), By Application (Aerospace and Defense, Automotive, Pressure Vessel, Wind Turbine, Medical, and Construction), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI34519 | Publish Date: December 2023 | No. of Pages: 154

Global High Performance Composites Market Overview

Introduction:

High performance composites are referred as advanced composites with the combination of fiber and matrix. These composites have excellent properties such as light weight, corrosion resistance, dimensional stability, and high strength. High performance composites are widely used in aerospace and luxury automotive. Moreover, these materials are majorly found in wind energy, architecture and building construction, pipe and tank, and other industrial applications. High performance composites are combination of fiber and matrix. These composites are used in aerospace, luxury automotive, and shipbuilding industry. Excellent properties of high performance composites are high strength, stiffness, light weight, and corrosion resistance. The Global High Performance Composite Market accounted for US$ 29.32 billion in 2020 and is estimated to be US$ 52.79 billion by 2030 and is anticipated to register a CAGR of 6.1%.

Global High Performance Composites Market Dynamics

                        

 

Increasing end-user of high performance composites

Increasing end-use of high performance composites in aerospace industry, luxury automotive, and shipbuilding industry is a major factor driving growth of the global high performance composites market. In addition, growing use of s-glass and carbon fiber reinforced plastics in aircraft, rotorcrafts, and rockets is factor expected to fuel growth of the global high performance composites market over the forecast period. Furthermore, use of high performance composites in wind turbine blades is another factor expected to promote growth of the target market in the near future. Moreover, adoption of high performance composites in end-use industries owing its excellent properties such as high strength and stiffness as well as heat, corrosion, and chemical resistance is factor fuelling growth of the global high performance composites market in the near future.

Concern regarding to recyclability

However, concerns regarding to recyclability of high performance composites is factor hampering growth of the global high performance composites market.

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Global High Performance Composites Market Segmentation

                          

The Global high performance composites market on the basis of resin type, fibre type, application, and region.

On the basis of resin type, the target market has been segmented into thermoset resins and thermoplastic resins. On the basis of fibre type, the global high performance composites market is categorized into carbon fiber composites, S-glass composites, and aramid fiber composites. On the basis of application, the target market is bifurcated into aerospace and defense, automotive, pressure vessel, wind turbine, medical, and construction.

Regional Insights:

 

                        

For detailed understanding of market dynamics, the global high performance composites market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the global market. The market in Asia Pacific is expected to account for major revenue share in global high performance composites market. Increasing use of high performance composites in automobiles and shipbuilding industry in countries namely China and India as well as presence of high performance composites manufacturers. These are some major factors expected to support growth of the Asia Pacific market over the forecast period. North America is expected to account for second-highest revenue share in the global market, in 2018. This can be attributed to rising demand for carbon composites in aerospace industry in the countries of the region.

                        

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Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Gene Therapy Type- Germline Gene Therapy and Somatic Gene Therapy

By Type of Vector- Viral Vector and Non-viral Vector

By Disease Indication- Cardio Vascular Diseases, Cancer, Genetic Disorders, Neuro Disorders, Infectious Diseases, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global High Performance Composite Market  report based on product, mode of delivery and region.

Global High Performance Composites Market, By Resin Type:

      • Thermoset resins
      • Thermoplastic resins

Global High Performance Composites Market, By Fibre Type:

      • Carbon fiber composites
      • S-glass composites
      • Aramid fiber composites

Global High Performance Composites Market, By Application:

      • Aerospace and defense
      • Automotive
      • Pressure vessel
      • Wind turbine
      • Medical
      • Construction

Global High Performance Composites Market, By Region:

      • North America
        • North America High Performance Composites Market, By Resin Type
        • North America High Performance Composites Market, By Fibre Type
        • North America High Performance Composites Market, By Application
        • North America High Performance Composites Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe High Performance Composites Market, By Resin Type
        • Europe High Performance Composites Market, By Fibre Type
        • Europe High Performance Composites Market, By Application
        • Europe High Performance Composites Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Switzerland
          • Sweden
          • Rest of Europe
      • Asia-Pacific
        • Asia-Pacific High Performance Composites Market, By Resin Type
        • Asia-Pacific High Performance Composites Market, By Fibre Type
        • Asia-Pacific High Performance Composites Market, By Application
        • Asia-Pacific High Performance Composites Market, By Country
          • China
          • India
          • Australia and New Zealand
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
        • Latin America High Performance Composites Market, By Resin Type
        • Latin America High Performance Composites Market, By Fibre Type
        • Latin America High Performance Composites Market, By Application
        • Latin America High Performance Composites Market, By Country
          • Brazil
          • Mexico
          • Argentina and Chile
          • Rest of Latin America
      • Middle East
        • Middle East High Performance Composites Market, By Resin Type
        • Middle East High Performance Composites Market, By Fibre Type
        • Middle East High Performance Composites Market, By Application
        • Middle East High Performance Composites Market, By Country
          • GCC
          • Israel
          • Rest of Middle East
      • Africa
        • Africa High Performance Composites Market, By Resin Type
        • Africa High Performance Composites Market, By Fibre Type
        • Africa High Performance Composites Market, By Application
        • Africa High Performance Composites Market, By Country
          • North Africa
          • Central Africa
          • South Africa

Global High Performance Composites Market Key Players

                                                

Some of the prominent players operating in the global high performance composites market include Toray Industries Inc., Hexcel Corporation, Solvay S.A., SGL Carbon LLC , Koninklijke Ten Cate nv, TPI Composites, Inc., E. I. du Pont de Nemours and Company, Owens Corning, Teijin Limited, and BASF SE. Technological advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global high performance composites market. 

Global High Performance Composites Market Company Profile

  • Toray Industries Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Hexcel Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Solvay S.A.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • SGL Carbon LLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Koninklijke Ten Cate nv
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • TPI Composites, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • E. I. du Pont de Nemours and Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Owens Corning
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Teijin Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • BASF SE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview

Global High Performance Composites Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Resin Type
    • Market Snippet, By Fibre Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

High Performance Composites Market, By Resin Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Thermoset Resins
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Thermoplastic Resins
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

High Performance Composites Market, By Fiber Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Carbon Fiber Composites
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • S-glass Composites
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Aramid Fiber Composites
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

High Performance Composites Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Aerospace and Defense  
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Automotive
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pressure Vessel
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Wind Turbine
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Medical
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Construction
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

High Performance Composites Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Resin Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Fibre Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Resin Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Fibre Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Resin Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Fibre Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Resin Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Fibre Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Resin Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Fibre Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Toray Industries Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hexcel Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Solvay S.A.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SGL Carbon LLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke Ten Cate nv
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • TPI Composites, Inc.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • E. I. du Pont de Nemours and Company.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Owens Corning   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Teijin Limited   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BASF SE.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The Global high performance composites market on the basis of resin type, fibre type, application, and region.

Increasing end-use of high performance composites in aerospace industry, luxury automotive, and shipbuilding industry is a major factor driving growth of the global high performance composites market.

Asia-Pacific is expected to account major market share as compared to that of other regions.

Some of the prominent players operating in the global high performance composites market include Toray Industries Inc., Hexcel Corporation, Solvay S.A., SGL Carbon LLC, Koninklijke Ten Cate nv, TPI Composites, Inc., E. I. du Pont de Nemours and Company, Owens Corning, Teijin Limited, and BASF SE.