A new market research report introduced by TechSci Research provides an overall analysis of Global Hybrid Composites Market. The presented market report will incorporate all the major factors and advancements that assume an imperative role in market growth in the anticipated range of 05 years. It likewise introduces the overview of industry players, preferences, challenges the market is experiencing. The research report gives an entire comprehension of the Global Hybrid Composites Market in terms of revenue.
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Global Hybrid Composites Market is projected to cross USD 876 million by 2023, growing at a CAGR of 15% during the forecast period. This growth is attributed to high demand from the automotive & transportation, wind energy and other end-use industries. Hybrid composite products are preferred as they can reduce the product weight and are stronger than metallic parts. The Global Hybrid Composites Market is broadly segmented into fiber type, resin and end-use industry. Based on fiber type, carbon/glass and glass/carbon fiber segment is expected to be the largest contributor in the hybrid composites market during the forecast period. Based on resin, thermoset resin segment is expected to be the largest contributor in the hybrid composites market during the forecast period. Further, the Thermoset resin dominates the hybrid composite market due to its wide-scale applications in various end-use industries.
Based on end-use industry, automotive & transportation is expected to be the largest contributor during the forecast period. Geographically, the market is segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Europe is the major revenue generating region in the hybrid composites market.
Some of the leading players in the Global Hybrid Composites Market are Royal DSM N.V., SGL Group, Gurit, Hexcel Corporation, Teijin Limited, Solvay, General Electric, Exel Composites, PlastiComp, Inc., Innegra Technologies, LLC, STRUCTeam Ltd., and Quantum ETA.
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Table of Content:
- Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
4.1. Technical Feasibility
4.2. Factors Influencing Purchase Decision
4.3. Challenges/Issues Faced Post Purchase
- Global Hybrid Composites Market Overview
- Global Hybrid Composites Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Fiber Type (Carbon/Glass and Glass/Carbon Hybrid Composites, Aramid (Kevlar)/Carbon Hybrid Composites, Hmpp/Carbon Hybrid Composites, Uhmwpe/Carbon Hybrid Composites, Other Fiber Hybrid Composites)
6.2.2. By Resin (Thermoset Hybrid Composite, Thermoplastic Hybrid Composite)
6.2.3. By End-Use Industry (Aerospace & Defense, Wind Energy, Automotive & Transportation, Sporting Goods, Marine, Others)
6.2.4. By Region
6.2.5. By Company
6.3. Market Attractiveness Index
- Asia-Pacific Hybrid Composites Market Outlook
7.1. Market Size & Forecast
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