Market Overview:
The global hybrid composites market has been segmented by fiber type, resin type, end-use industry, and region.
By fiber type, the global hybrid composites market has been segmented into carbon/glass, carbon/aramid, metal/plastic, wood/plastic, HMPP/carbon, UHMWPE/carbon, and others. Although carbon-aramid reinforced epoxy offers high strength and impact resistance, the glass-carbon reinforced epoxy is leading the market owing to its low cost and is extensively used in high-end vehicles.
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On the basis of the resin type, the market is segmented into thermoplastic and thermosetting. The thermoplastic resin type was dominating the market in 2017 on account of its ease of recyclability, low curing time, high strength, and increased rigidity.
Based on end-use industry, the market has been segmented into aerospace & defense, building & construction, automotive & transportation, wind energy, marine, and others. Rapid industrialization and the increasing commercial and residential building and construction activities across the globe is expected to increase the demand for hybrid composites during the forecast period. Furthermore, the demand for lightweight automobile and aircraft dur to pertaining regulations for environment protection is driving the market.
Regional Analysis
The global hybrid composites market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The market in Asia-Pacific dominated the global hybrid composites market in 2017 due to the high demand in major end-use industries such as automotive and construction. Fast-paced industrialization in emerging economies such as China and India are expected to fuel product demand in the construction industry.
North America accounted for the second-largest market share in 2017 on account of the high demand for hybrid composites in the aerospace, automotive, and construction industries in the region.
The European market is expected to grow at a significant rate due to the high production and sales of automotive parts in the region.
The Latin American market is projected to witness considerable growth due to the growing automotive industries in Brazil and Argentina.
The market in the Middle East & Africa is also likely to grow due to the presence of infrastructure hubs in the region.
Segmentation
The global hybrid composites market has been segmented on the basis of fiber type, resin type, end-use industry, and region.
On the basis of fiber type, the market has been segmented into carbon/glass, carbon/aramid, metal/plastic, wood/plastic, HMPP/carbon, UHMWPE/carbon, and others.
Based on the resin type, the market has been categorized into thermoplastic and thermosetting.
By end-use industry, the market has been divided into aerospace & defense, building & construction, automotive & transportation, wind energy, marine, and others.
Key Players
Some of the manufacturers operating in the global hybrid composites market are Royal DSM (the Netherlands), SGL Group – The Carbon Company (Germany), Gurit (Switzerland), Hexcel Corporation (US), TEIJIN LIMITED (Japan), Exel Group World Wide (Finland), Solvay (Belgium), PlastiComp, Inc. (US), Innegra Technologies, LLC (US), and Quantum Composites (US).
Intended Audience
Hybrid composites manufacturers
Traders and distributors of Hybrid COMPOSITES
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratories
TABLE OF CONTENTS
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End-Users
4.2 Porter’s Five Forces Analysis
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Buyers
4.2.3 Bargaining Power Of Suppliers
4.2.4 Threat Of Substitutes
4.2.5 Intensity Of Competitive Rivalry
5 Market Dynamics Of Global Hybrid Composites Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
5.6 Trends/Strategies
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