Composites Distributor Market Insights
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
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4.7% for the next five years
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Dominant End-Use Industry Type
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Construction
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Major Raw Material Type
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Polyester Resin
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Region with the highest demand
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Asia-Pacific
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Key Players
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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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Market Share Analysis
Composites Distributor Market Share: By End-Use Industry Type
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.
Composites Distributor Market Share: By Raw Material Type
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.
Composites Distributor Market Share: By Region
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.
Some of the major composites’ distributor companies are-
- Composites One
- Euroresins International GmbH
- FRP Services & Company
- Gazechim Composites UK
- IMCD N.V.
- Lintech International LLC.
Market Scope & Segmentation
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
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4
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The composites distributor market is segmented into the following categories.
Composites Distributor Market Size, Share, & Forecast, by End-Use Industry Type:
- Aerospace and Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Wind Energy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Marine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Pipe and Tank (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Consumer Goods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Composites Distributor Market Size, Share, & Forecast, by Raw Material Type:
- Roving (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Textile (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Polyester Resin (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Vinyl Ester Resin (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Epoxy Resin (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Composites Distributor Market Size, Share, & Forecast, by Intermediate Type:
- Prepreg (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Sheet Molding Compound (SMC) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Bulk Molding Compound (BMC) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Short Fiber Thermoplastic (SFT) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Long Fiber Thermoplastic (LFT) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Carbon Fiber Thermoplastic (CFT) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Glass Mat Thermoplastic (GMT) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Composites Distributor 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)
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 of any one of the raw material types by end-use industry 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 [email protected].
