Global Hybrid Composites Market is projected to cross USD 876 million by 2027, growing at a CAGR of 15% during the forecast period. This growth is attributed to high demand from the automotive & transportation, wind energy and other end-use industries. Hybrid composite products are preferred as they can reduce the product weight and are stronger than metallic parts. The Global Hybrid Composites Market is broadly segmented into fiber type, resin and end-use industry. Based on fiber type, carbon/glass and glass/carbon fiber segment is expected to be the largest contributor in the hybrid composites market during the forecast period. Based on resin, thermoset resin segment is expected to be the largest contributor in the hybrid composites market during the forecast period. Further, the Thermoset resin dominates the hybrid composite market due to its wide-scale applications in various end-use industries. Based on end-use industry, automotive & transportation is expected to be the largest contributor during the forecast period. Geographically, the market is segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Europe is the major revenue generating region in the hybrid composites market. Some of the key players in the market are Royal DSM N.V., SGL Group, Gurit, Hexcel Corporation, Teijin Limited, Solvay, General Electric, Exel Composites, PlastiComp, Inc., Innegra Technologies, LLC, STRUCTeam Ltd., and Quantum ETA.
Objective of the Study
- To analyse and forecast the market size of Global
Hybrid Composites Market, in terms of value and volume.
- To classify and forecast Global Hybrid
Composites Market based on fiber
type, resin, end-use industry and regional distribution.
- To identify drivers and challenges for Global Hybrid
Composites Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Global
Hybrid Composites Market.
- To conduct the pricing analysis for Hybrid
Composites Market.
- To identify and analyse the profile of leading
players involved in the manufacturing of Global Hybrid Composites.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the suppliers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
Market Insights Research calculated the market size of Global
Key Target Audience
- Manufacturers of Hybrid
Composites
- Suppliers and Distributors
- End consumers
- Raw Material Suppliers
- Industry associations and
experts
- Research organizations and
consulting companies.
- Industry associations
- Market research and
consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in
Units and CAGR for 2017-2021 and 2022E-2027F
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Report coverage
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Revenue forecast, volume forecast, company share,
competitive landscape, growth factors, and trends
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Segments covered
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- Fiber Type
- Resin
- End Use Industry
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Regional scope
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North America; Europe; Asia Pacific; South America;
Middle East & Africa
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Country scope
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United States, Mexico, Canada, China,
India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France,
United Kingdom, Spain, Italy, South Africa, UAE, Qatar, Saudi Arabia, Brazil,
Argentina, Colombia
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Key companies profiled
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Royal DSM N.V., SGL Group, Gurit, Hexcel
Corporation, Teijin Limited, Solvay, General Electric, Exel Composites,
PlastiComp, Inc., Innegra Technologies, LLC, STRUCTeam Ltd., and Quantum ETA.
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Customization scope
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10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact
research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
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