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Advanced composite materials (ACMs) are also known as advanced polymer matrix composites. These are generally characterized or determined by unusually high strength fibers with unusually high stiffness, or modulus of elasticity characteristics, compared to other materials, while bound together by weaker matrices. These are termed advanced composite materials (ACM) in comparison to the composite materials commonly in use such as reinforced concrete, or even concrete itself. The high strength fibers are also low density while occupying a large fraction of the volume. Advanced composites exhibit desirable physical and chemical properties that include lightweight coupled with high stiffness (elasticity), and strength along the direction of the reinforcing fiber, dimensional stability, temperature and chemical resistance, flex performance, and relatively easy processing. Advanced composites are replacing metal components in many uses, particularly in the aerospace industry.
This report contains market size and forecasts of Advanced Composite Materials(ACM) in global, including the following market information:
Global Advanced Composite Materials(ACM) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Advanced Composite Materials(ACM) Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Advanced Composite Materials(ACM) companies in 2021 (%)
The global Advanced Composite Materials(ACM) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Carbon Fiber Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Advanced Composite Materials(ACM) include Cytec Solvay Group, DuPont, Hexcel Corporation, Hyosung Corporation, Kermel, Kolon Industries, Teijin, Toray and Koninklijke Ten Cate BV, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Advanced Composite Materials(ACM) 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 Advanced Composite Materials(ACM) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Advanced Composite Materials(ACM) Market Segment Percentages, by Type, 2021 (%)
Carbon Fiber
Glass Fiber
Aramid Fiber
Metal Matrix
Ceramic Matrix
Global Advanced Composite Materials(ACM) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Advanced Composite Materials(ACM) Market Segment Percentages, by Application, 2021 (%)
Aerospace
Medical Treatment
Machinery
Architecture
Other
Global Advanced Composite Materials(ACM) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Advanced Composite Materials(ACM) Market Segment Percentages, By Region and Country, 2021 (%)
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 Advanced Composite Materials(ACM) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Advanced Composite Materials(ACM) revenues share in global market, 2021 (%)
Key companies Advanced Composite Materials(ACM) sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Advanced Composite Materials(ACM) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cytec Solvay Group
DuPont
Hexcel Corporation
Hyosung Corporation
Kermel
Kolon Industries
Teijin
Toray
Koninklijke Ten Cate BV
Mitsubishi Chemical Carbon Fiber and Composites
Owens Corning
SGL Group
Yantai Spandex
3B-the Fibreglass
| Report Attributes | Report Details |
|---|---|
| Report Title | Advanced Composite Materials(ACM) Market, Global Outlook and Forecast 2022-2028 |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2021 |
| Forecast Year | 2029 |
| Number of Pages | 75 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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