Global Composite Material Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Publication ID:

GIR062402475

Publication Date:

June 5, 2024

Pages:

109

Publisher:

GIR

Countries:

Global [1]

USD 3,480.00

Software [2]

IT Services [3]

Computing & Electronics [4]

Description:

The global Composite Material market size was valued at USD 903.9 million in 2023 and is forecast to a readjusted size of USD 1073.5 million by 2030 with a CAGR of 2.5% during review period.
A material made up of two or more constituent materials possessing varied physical or chemical properties and is different from individual components is known as a composite material. These composites are highly used in aerospace and defense, transportation, and wind energy applications. Hence, comprehensive testing is carried out on these materials with specific standards known as composite testing. Composite testing is widely used in aerospace & defense sector to evaluate the performance and structural applications. Major commercial aircraft manufacturers such as Airbus and Boeing have developed aircraft such as Airbus A350 and Boeing 787 that constitute almost 50% of the composites in their airframe structures. Aviation giants such as National Aeronautics and Space Administration (NASA) and SpaceX widely use composite testing due to resistance fatigue & corrosion and high stiffness-to-weight ratio.
The report includes an overview of the development of the Composite Material industry chain, the market status of Sporting Goods (Polymer Matrix Composites, Continuous Fiber Composites), Aerospace & Defense (Polymer Matrix Composites, Continuous Fiber Composites), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Composite Material.
Regionally, the report analyzes the Composite Material markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Composite Material market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Composite Material market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Composite Material industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Polymer Matrix Composites, Continuous Fiber Composites).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Composite Material market.
Regional Analysis: The report involves examining the Composite Material market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Composite Material market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Composite Material:
Company Analysis: Report covers individual Composite Material players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Composite Material This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Sporting Goods, Aerospace & Defense).
Technology Analysis: Report covers specific technologies relevant to Composite Material. It assesses the current state, advancements, and potential future developments in Composite Material areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Composite Material market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Composite Material market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Polymer Matrix Composites
Continuous Fiber Composites
Ceramic Matrix Composites
Discontinuous Fiber Composites
Others
Market segment by Application
Sporting Goods
Aerospace & Defense
Electrical & Electronics
Wind Energy
Building & Construction
Transportation
Others
Market segment by players, this report covers
Element Materials Technology
Henkel AG & CO
KGaA
Exova Group plc
Westmoreland Mechanical Testing & Research Inc
Instron
Matrix Composite Inc
ETIM Composites Testing Laboratory
Mistras Group Inc
Intertek Group plc
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Composite Material product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Composite Material, with revenue, gross margin and global market share of Composite Material from 2019 to 2024.
Chapter 3, the Composite Material competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Composite Material market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Composite Material.
Chapter 13, to describe Composite Material research findings and conclusion.

Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.

Table Of Contents:

1 Market Overview
1.1 Product Overview and Scope of Composite Material
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Composite Material by Type
1.3.1 Overview: Global Composite Material Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Composite Material Consumption Value Market Share by Type in 2023
1.3.3 Polymer Matrix Composites
1.3.4 Continuous Fiber Composites
1.3.5 Ceramic Matrix Composites
1.3.6 Discontinuous Fiber Composites
1.3.7 Others
1.4 Global Composite Material Market by Application
1.4.1 Overview: Global Composite Material Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Sporting Goods
1.4.3 Aerospace & Defense
1.4.4 Electrical & Electronics
1.4.5 Wind Energy
1.4.6 Building & Construction
1.4.7 Transportation
1.4.8 Others
1.5 Global Composite Material Market Size & Forecast
1.6 Global Composite Material Market Size and Forecast by Region
1.6.1 Global Composite Material Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Composite Material Market Size by Region, (2019-2030)
1.6.3 North America Composite Material Market Size and Prospect (2019-2030)
1.6.4 Europe Composite Material Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Composite Material Market Size and Prospect (2019-2030)
1.6.6 South America Composite Material Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Composite Material Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 Element Materials Technology
2.1.1 Element Materials Technology Details
2.1.2 Element Materials Technology Major Business
2.1.3 Element Materials Technology Composite Material Product and Solutions
2.1.4 Element Materials Technology Composite Material Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Element Materials Technology Recent Developments and Future Plans
2.2 Henkel AG & CO
2.2.1 Henkel AG & CO Details
2.2.2 Henkel AG & CO Major Business
2.2.3 Henkel AG & CO Composite Material Product and Solutions
2.2.4 Henkel AG & CO Composite Material Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Henkel AG & CO Recent Developments and Future Plans
2.3 KGaA
2.3.1 KGaA Details
2.3.2 KGaA Major Business
2.3.3 KGaA Composite Material Product and Solutions
2.3.4 KGaA Composite Material Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 KGaA Recent Developments and Future Plans
2.4 Exova Group plc
2.4.1 Exova Group plc Details
2.4.2 Exova Group plc Major Business
2.4.3 Exova Group plc Composite Material Product and Solutions
2.4.4 Exova Group plc Composite Material Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Exova Group plc Recent Developments and Future Plans
2.5 Westmoreland Mechanical Testing & Research Inc
2.5.1 Westmoreland Mechanical Testing & Research Inc Details
2.5.2 Westmoreland Mechanical Testing & Research Inc Major Business
2.5.3 Westmoreland Mechanical Testing & Research Inc Composite Material Product and Solutions
2.5.4 Westmoreland Mechanical Testing & Research Inc Composite Material Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Westmoreland Mechanical Testing & Research Inc Recent Developments and Future Plans
2.6 Instron
2.6.1 Instron Details
2.6.2 Instron Major Business
2.6.3 Instron Composite Material Product and Solutions
2.6.4 Instron Composite Material Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Instron Recent Developments and Future Plans
2.7 Matrix Composite Inc
2.7.1 Matrix Composite Inc Details
2.7.2 Matrix Composite Inc Major Business
2.7.3 Matrix Composite Inc Composite Material Product and Solutions
2.7.4 Matrix Composite Inc Composite Material Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Matrix Composite Inc Recent Developments and Future Plans
2.8 ETIM Composites Testing Laboratory
2.8.1 ETIM Composites Testing Laboratory Details
2.8.2 ETIM Composites Testing Laboratory Major Business
2.8.3 ETIM Composites Testing Laboratory Composite Material Product and Solutions
2.8.4 ETIM Composites Testing Laboratory Composite Material Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 ETIM Composites Testing Laboratory Recent Developments and Future Plans
2.9 Mistras Group Inc
2.9.1 Mistras Group Inc Details
2.9.2 Mistras Group Inc Major Business
2.9.3 Mistras Group Inc Composite Material Product and Solutions
2.9.4 Mistras Group Inc Composite Material Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Mistras Group Inc Recent Developments and Future Plans
2.10 Intertek Group plc
2.10.1 Intertek Group plc Details
2.10.2 Intertek Group plc Major Business
2.10.3 Intertek Group plc Composite Material Product and Solutions
2.10.4 Intertek Group plc Composite Material Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Intertek Group plc Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Composite Material Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Composite Material by Company Revenue
3.2.2 Top 3 Composite Material Players Market Share in 2023
3.2.3 Top 6 Composite Material Players Market Share in 2023
3.3 Composite Material Market: Overall Company Footprint Analysis
3.3.1 Composite Material Market: Region Footprint
3.3.2 Composite Material Market: Company Product Type Footprint
3.3.3 Composite Material Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Composite Material Consumption Value and Market Share by Type (2019-2024)
4.2 Global Composite Material Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Composite Material Consumption Value Market Share by Application (2019-2024)
5.2 Global Composite Material Market Forecast by Application (2025-2030)
6 North America
6.1 North America Composite Material Consumption Value by Type (2019-2030)
6.2 North America Composite Material Consumption Value by Application (2019-2030)
6.3 North America Composite Material Market Size by Country
6.3.1 North America Composite Material Consumption Value by Country (2019-2030)
6.3.2 United States Composite Material Market Size and Forecast (2019-2030)
6.3.3 Canada Composite Material Market Size and Forecast (2019-2030)
6.3.4 Mexico Composite Material Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Composite Material Consumption Value by Type (2019-2030)
7.2 Europe Composite Material Consumption Value by Application (2019-2030)
7.3 Europe Composite Material Market Size by Country
7.3.1 Europe Composite Material Consumption Value by Country (2019-2030)
7.3.2 Germany Composite Material Market Size and Forecast (2019-2030)
7.3.3 France Composite Material Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Composite Material Market Size and Forecast (2019-2030)
7.3.5 Russia Composite Material Market Size and Forecast (2019-2030)
7.3.6 Italy Composite Material Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Composite Material Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Composite Material Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Composite Material Market Size by Region
8.3.1 Asia-Pacific Composite Material Consumption Value by Region (2019-2030)
8.3.2 China Composite Material Market Size and Forecast (2019-2030)
8.3.3 Japan Composite Material Market Size and Forecast (2019-2030)
8.3.4 South Korea Composite Material Market Size and Forecast (2019-2030)
8.3.5 India Composite Material Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Composite Material Market Size and Forecast (2019-2030)
8.3.7 Australia Composite Material Market Size and Forecast (2019-2030)
9 South America
9.1 South America Composite Material Consumption Value by Type (2019-2030)
9.2 South America Composite Material Consumption Value by Application (2019-2030)
9.3 South America Composite Material Market Size by Country
9.3.1 South America Composite Material Consumption Value by Country (2019-2030)
9.3.2 Brazil Composite Material Market Size and Forecast (2019-2030)
9.3.3 Argentina Composite Material Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Composite Material Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Composite Material Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Composite Material Market Size by Country
10.3.1 Middle East & Africa Composite Material Consumption Value by Country (2019-2030)
10.3.2 Turkey Composite Material Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Composite Material Market Size and Forecast (2019-2030)
10.3.4 UAE Composite Material Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Composite Material Market Drivers
11.2 Composite Material Market Restraints
11.3 Composite Material Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Composite Material Industry Chain
12.2 Composite Material Upstream Analysis
12.3 Composite Material Midstream Analysis
12.4 Composite Material Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Companies Mentioned:

Element Materials Technology
Henkel AG & CO
KGaA
Exova Group plc
Westmoreland Mechanical Testing & Research Inc
Instron
Matrix Composite Inc
ETIM Composites Testing Laboratory
Mistras Group Inc
Intertek Group plc

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