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Composites Distributor Market Report
The Composites Distributor Market is Segmented by End-Use Industry Type (Aerospace and Defense, Wind Energy, Automotive, Marine, Construction, Pipe and Tank, Electrical & Electronics, Consumer Goods, and Others), by Raw Material Type (Roving, Textile, Polyester Resin, Vinyl Ester Resin, Epoxy Resin, and Others), by Intermediate Type...
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.
Composites distributor market is likely to witness an impressive CAGR of 4.7% during the forecast period. The increasing demand for composites in North America and Asia-Pacific and the presence of a large number of composite part fabricators are likely to propel the composites distributor market during the forecast period.
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Composites Distributor Market - Snapshot |
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Growth |
4.7% for the next five years |
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Dominant End-Use Industry Type |
Construction |
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Major Raw Material Type |
Polyester Resin |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Composites One, Euroresins International GmbH, FRP Services & Company, Gazechim Composites UK, IMCD N.V., Lintech International LLC, Microtex Composites Srl, North American Composites, Sino Composite Co. Ltd, Sumitomo Shoji Chemicals Co. Ltd |
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Based on the end-use industry type, the market is segmented as aerospace & defense, wind energy, automotive, marine, construction, pipe & tank, electrical & electronics, and consumer goods. The construction industry held the largest share of the market in 2019, and is expected to remain dominant during the forecast period driven by the increasing demand for light weight and non-corrosive materials in the industry and the presence of a large number of composite part fabricators.
Based on the raw material type, the composites distributor market is segmented as roving, textile, polyester resin, vinyl ester resin, epoxy resin, and other resins. Polyester resin is estimated to be the largest as well as the fastest-growing material during the forecast period driven by its increasing use in the construction and pipe & tank industries. The use of polyester resin offers advantages such as dimensional stability, ease of handling and provides mechanical and chemical resistance.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing composites distributor market during the forecast period due to the presence of a large number of small part fabricators for pipe & tank, construction, and consumer goods end-use industries. China and India are the growth engines of the region. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.
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Some of the major composites’ distributor companies are-
Composite materials are used in various end-use industries to achieve optimal efficiency and productivity. By using composite materials in the manufacturing process, the manufacturers are able to reduce their production costs.
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.
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Composites Distributor Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The composites distributor market is segmented into the following categories.
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.
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:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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 [email protected].
The composites distributor market is expected to witness an impressive growth of 4.7% CAGR in the foreseeable future.
The construction industry is expected to remain the dominant end-use industry in the composites distributor market?
Composites One, Euroresins International GmbH, FRP Services & Company, Gazechim Composites UK, IMCD N.V., and Lintech International LLC are among the key players in the composites distributor market.
Asia-Pacific is expected to be the largest market for composites distributors during the next five years.
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