• Blog
  • Structural Composites Market Report

    Structural Composites Market Report

    Structural Composites Market Report
    Report code - SR1213 Delivery - 2 Weeks
    Get Free Sample |
    Play Audio
    Listen
    Structural Composites Market Size, Share, Trend, Forecast, & Industry Analysis – See more...

    Impact of COVID-19 on Structural Composites Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Structural Composites Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Structural Composites Market is likely to witness a CAGR of 7.2% during the forecast period. Major factors such as increasing automotive and marine production, robust demand from the aircraft industry, increasing investment on infrastructure projects, and rising demand from the construction sector are expected to drive the growth of the market.

    Structural Composites Market – Snapshot

    Growth

    7.2% for the next five years

    Major Matrix Type

    Polymer

    Major Reinforcement Material Type

    Glass Fiber

    Dominant Sector Type

    Transportation

    Region with the highest demand

    Asia-Pacific

    Key Players

    Argosy International Inc., Hexcel Corporation, Hexion Inc., Huntsman Corporation, Mitsubishi Chemical Holdings Corporation, Owens Corning, SGL Group, Solvay S.A., Teijin Limited, and Toray Group.

    Segments' Analysis

    Structural-Composites-Market-Dominant-Segments

    Wish to get a free sample? Register Here

    Structural Composites Market Share: By Matrix Type

    Based on the matrix type, the market is segmented as polymer, wood, and metal. Polymer is expected to hold the major share of the market during the forecast period, owing to its growing demand from various sectors. In addition, polymer matrix exhibits various properties such as low specific weight, corrosion resistance, good thermal and electrical insulation, ease of mass production, and excellent optical properties. All of these properties are further expected to drive the market growth during the forecast period. 

    Structural Composites Market Share: By Reinforcement Material Type

    Based on the reinforcement material type, the market is segmented as glass fiber, carbon fiber, aramid fiber, and others. Glass fiber reinforcement is estimated to account for the major share of the market during the forecast period. It is the most commonly used reinforcement material and has extensive applications in major sectors owing to its economical prices. The growth of the segment is driven by some of its key properties, such as incombustibility, corrosion resistance, high strength at low densities, good thermal insulation, and sound insulation. Furthermore, rapid development in the global energy, construction, infrastructure and transportation industries is likely to positively influence the growth of the structural composites market segment in the coming years.

    Structural Composites Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market due to increasing construction spending, rising infrastructure development, and growing energy and defense sectors. In addition, rising economic development, availability of raw materials, and increasing investment in public infrastructure are further expected to fuel the market growth over the forecast period. China and India are the growth engines of the region’s market. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Structural-Composites-Market By-Region

    Know which region offers best growth opportunities. Register Here

    Market Scope & Segmentation

    Structural composites are engineered products manufactured from polymer, wood, or metals. Structural composites are low maintenance and crack-resistant products used in sectors such as automotive, aerospace, marine, construction, and energy.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Structural Composites Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The structural composites market is segmented into the following categories.

    Structural Composites Market Size, Share, & Forecast, by Matrix Type:

    • Polymer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Wood (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Structural Composites Market Size, Share, & Forecast, by Reinforcement Material Type:

    • Glass Fiber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Carbon Fiber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aramid Fiber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Structural Composites Market Size, Share, & Forecast, by Sector Type:

    • Construction & Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Energy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Transportation
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Automotive, Aerospace & Defense, and Others
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Structural Composites Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Structural-Composites-Market-Segmentation

    Want to know the most attractive market segments? Register Here

    Key Players

    Some of the key players in the structural composites market are-

    • Argosy International Inc.
    • Hexcel Corporation
    • Hexion Inc.
    • Huntsman Corporation
    • Mitsubishi Chemical Holdings Corporation
    • Owens Corning
    • SGL Group
    • Solvay S.A.
    • Teijin Limited
    • Toray Group.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the reinforcement material types by sector type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The structural composites market is expected to witness an impressive growth of 7.2% CAGR in the foreseeable future.

    Argosy International Inc., Hexcel Corporation, Hexion Inc., Huntsman Corporation, Mitsubishi Chemical Holdings Corporation, Owens Corning, SGL Group, Solvay S.A., Teijin Limited, and Toray Group are among the key players in the structural composites market.

    Polymer is expected to hold the major share of the structural composites market in the coming years.

    Glass fiber reinforcement is expected to account for the major share in the structural composites market during the next five years.

    Asia-pacific is expected to be the leading structural composites market during the forecast period.

    China and India are the growth engines of the structural composites market.

    •