Report overview
A composite material (also called a composition material or shortened to composite, which is the common name) is a material made from two or more constituent materials with significantly different physical or chemical properties.
This report aims to provide a comprehensive presentation of the global market for Composite Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composite Materials. This report contains market size and forecasts of Composite Materials in global, including the following market information:
Global Composite Materials Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global Composite Materials Market Sales, 2019-2024, 2024-2029, (K MT)
Global top five Composite Materials companies in 2023 (%)
The global Composite Materials market was valued at US$ 27400 million in 2023 and is projected to reach US$ 31910 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The fastest growing composite material in the automotive industry is carbon fiber reinforced polymer (CFRP).
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Composite Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Composite Materials Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Composite Materials Market Segment Percentages, by Type, 2023 (%)
Polymer Matrix Composite
Metal Matrix Composite
Ceramic Matrix Composite
Global Composite Materials Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Composite Materials Market Segment Percentages, by Application, 2023 (%)
Aerospace & Defense
Wind Energy
Automotive
Electrical & Electronics
Marine
Others
Global Composite Materials Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Composite Materials Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Composite Materials revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Composite Materials revenues share in global market, 2023 (%)
Key companies Composite Materials sales in global market, 2019-2024 (Estimated), (K MT)
Key companies Composite Materials sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
SGL Carbon
Toyo Tanso
Tokai Carbon
Hexcel
Nippon Carbon
MERSEN BENELUX
Toray
CFC Design
Carbon Composites
GrafTech
Schunk
Americarb
Graphtek
Bay Composites
Luhang Carbon
GOES
Haoshi Carbon
KBC
Jiuhua Carbon
Chemshine
Boyun
Chaoma
Baimtec
Jining Carbon
Outline of Major Chapters:
Chapter 1: Introduces the definition of Composite Materials, market overview.
Chapter 2: Global Composite Materials market size in revenue and volume.
Chapter 3: Detailed analysis of Composite Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Composite Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Composite Materials capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
