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Hybrid Composites-Global Market Insights and Sales Trends 2024
Synopsis
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 that, when combined, produce a material with characteristics different from the individual components.
The global Hybrid Composites market size is expected to reach US$ 1048.8 million by 2029, growing at a CAGR of 12.2% from 2023 to 2029. The market is mainly driven by the significant applications of Hybrid Composites in various end use industries. The expanding demands from the Marine, Aerospace, Building & Construction and Automotive & Transportation, are propelling Hybrid Composites market. Carbon/Glass, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Carbon/Aramid segment is estimated at % CAGR for the next seven-year period.
Carbon-fiber/Glass-fiber hybrid enjoys the largest usage share in the Hybrid Composites Market. Hybrid carbon fiber/glass fiber material is a lightweight and high-strength alternative for traditional fiberglass and metal applications in the automotive & transportation, building & construction and other industrial markets. The hybrid material offers the performance benefits of carbon fiber at a cost similar to high-performance fiberglass. Users can get up to 90% of carbon’s benefits at a cost much lower than what they would have to incur in case of using carbon fiber. Parts made out of these hybrid composites provide a high strength to weight ratio and are devoid of corrosion. These have extended service life requiring less maintenance. Their high specific properties meet the needs of applications that lay utmost importance on safety and strength.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hybrid Composites, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hybrid Composites market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hybrid Composites market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hybrid Composites sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hybrid Composites covered in this report include Toray, Lanxess, Hexcel, RTP Company and PolyOne Corporation, etc.
The global Hybrid Composites market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toray
Lanxess
Hexcel
RTP Company
PolyOne Corporation
Global Hybrid Composites market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hybrid Composites market, Segment by Type:
Carbon/Glass
Carbon/Aramid
Metal/Plastic
Wood/Plastic
Others
Global Hybrid Composites market, by Application
Marine
Aerospace
Building & Construction
Automotive & Transportation
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hybrid Composites manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hybrid Composites in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 that, when combined, produce a material with characteristics different from the individual components.
The global Hybrid Composites market size is expected to reach US$ 1048.8 million by 2029, growing at a CAGR of 12.2% from 2023 to 2029. The market is mainly driven by the significant applications of Hybrid Composites in various end use industries. The expanding demands from the Marine, Aerospace, Building & Construction and Automotive & Transportation, are propelling Hybrid Composites market. Carbon/Glass, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Carbon/Aramid segment is estimated at % CAGR for the next seven-year period.
Carbon-fiber/Glass-fiber hybrid enjoys the largest usage share in the Hybrid Composites Market. Hybrid carbon fiber/glass fiber material is a lightweight and high-strength alternative for traditional fiberglass and metal applications in the automotive & transportation, building & construction and other industrial markets. The hybrid material offers the performance benefits of carbon fiber at a cost similar to high-performance fiberglass. Users can get up to 90% of carbon’s benefits at a cost much lower than what they would have to incur in case of using carbon fiber. Parts made out of these hybrid composites provide a high strength to weight ratio and are devoid of corrosion. These have extended service life requiring less maintenance. Their high specific properties meet the needs of applications that lay utmost importance on safety and strength.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hybrid Composites, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hybrid Composites market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hybrid Composites market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hybrid Composites sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hybrid Composites covered in this report include Toray, Lanxess, Hexcel, RTP Company and PolyOne Corporation, etc.
The global Hybrid Composites market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toray
Lanxess
Hexcel
RTP Company
PolyOne Corporation
Global Hybrid Composites market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hybrid Composites market, Segment by Type:
Carbon/Glass
Carbon/Aramid
Metal/Plastic
Wood/Plastic
Others
Global Hybrid Composites market, by Application
Marine
Aerospace
Building & Construction
Automotive & Transportation
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hybrid Composites manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hybrid Composites in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Hybrid Composites Market Overview
1.1 Hybrid Composites Product Overview
1.2 Hybrid Composites Market Segment by Type
1.2.1 Carbon/Glass
1.2.2 Carbon/Aramid
1.2.3 Metal/Plastic
1.2.4 Wood/Plastic
1.2.5 Others
1.3 Global Hybrid Composites Market Size by Type
1.3.1 Global Hybrid Composites Market Size Overview by Type (2018-2029)
1.3.2 Global Hybrid Composites Historic Market Size Review by Type (2018-2023)
1.3.3 Global Hybrid Composites Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Hybrid Composites Sales Breakdown by Type (2018-2023)
1.4.2 Europe Hybrid Composites Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Hybrid Composites Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Hybrid Composites Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Hybrid Composites Sales Breakdown by Type (2018-2023)
2 Global Hybrid Composites Market Competition by Company
2.1 Global Top Players by Hybrid Composites Sales (2018-2023)
2.2 Global Top Players by Hybrid Composites Revenue (2018-2023)
2.3 Global Top Players by Hybrid Composites Price (2018-2023)
2.4 Global Top Manufacturers Hybrid Composites Manufacturing Base Distribution, Sales Area, Product Type
2.5 Hybrid Composites Market Competitive Situation and Trends
2.5.1 Hybrid Composites Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Hybrid Composites Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Hybrid Composites as of 2022)
2.7 Date of Key Manufacturers Enter into Hybrid Composites Market
2.8 Key Manufacturers Hybrid Composites Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Hybrid Composites Status and Outlook by Region
3.1 Global Hybrid Composites Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Hybrid Composites Historic Market Size by Region
3.2.1 Global Hybrid Composites Sales in Volume by Region (2018-2023)
3.2.2 Global Hybrid Composites Sales in Value by Region (2018-2023)
3.2.3 Global Hybrid Composites Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Hybrid Composites Forecasted Market Size by Region
3.3.1 Global Hybrid Composites Sales in Volume by Region (2024-2029)
3.3.2 Global Hybrid Composites Sales in Value by Region (2024-2029)
3.3.3 Global Hybrid Composites Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Hybrid Composites by Application
4.1 Hybrid Composites Market Segment by Application
4.1.1 Marine
4.1.2 Aerospace
4.1.3 Building & Construction
4.1.4 Automotive & Transportation
4.1.5 Others
4.2 Global Hybrid Composites Market Size by Application
4.2.1 Global Hybrid Composites Market Size Overview by Application (2018-2029)
4.2.2 Global Hybrid Composites Historic Market Size Review by Application (2018-2023)
4.2.3 Global Hybrid Composites Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Hybrid Composites Sales Breakdown by Application (2018-2023)
4.3.2 Europe Hybrid Composites Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Hybrid Composites Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Hybrid Composites Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Hybrid Composites Sales Breakdown by Application (2018-2023)
5 North America Hybrid Composites by Country
5.1 North America Hybrid Composites Historic Market Size by Country
5.1.1 North America Hybrid Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Hybrid Composites Sales in Volume by Country (2018-2023)
5.1.3 North America Hybrid Composites Sales in Value by Country (2018-2023)
5.2 North America Hybrid Composites Forecasted Market Size by Country
5.2.1 North America Hybrid Composites Sales in Volume by Country (2024-2029)
5.2.2 North America Hybrid Composites Sales in Value by Country (2024-2029)
6 Europe Hybrid Composites by Country
6.1 Europe Hybrid Composites Historic Market Size by Country
6.1.1 Europe Hybrid Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Hybrid Composites Sales in Volume by Country (2018-2023)
6.1.3 Europe Hybrid Composites Sales in Value by Country (2018-2023)
6.2 Europe Hybrid Composites Forecasted Market Size by Country
6.2.1 Europe Hybrid Composites Sales in Volume by Country (2024-2029)
6.2.2 Europe Hybrid Composites Sales in Value by Country (2024-2029)
7 Asia-Pacific Hybrid Composites by Region
7.1 Asia-Pacific Hybrid Composites Historic Market Size by Region
7.1.1 Asia-Pacific Hybrid Composites Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Hybrid Composites Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Hybrid Composites Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Hybrid Composites Forecasted Market Size by Region
7.2.1 Asia-Pacific Hybrid Composites Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Hybrid Composites Sales in Value by Region (2024-2029)
8 Latin America Hybrid Composites by Country
8.1 Latin America Hybrid Composites Historic Market Size by Country
8.1.1 Latin America Hybrid Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Hybrid Composites Sales in Volume by Country (2018-2023)
8.1.3 Latin America Hybrid Composites Sales in Value by Country (2018-2023)
8.2 Latin America Hybrid Composites Forecasted Market Size by Country
8.2.1 Latin America Hybrid Composites Sales in Volume by Country (2024-2029)
8.2.2 Latin America Hybrid Composites Sales in Value by Country (2024-2029)
9 Middle East and Africa Hybrid Composites by Country
9.1 Middle East and Africa Hybrid Composites Historic Market Size by Country
9.1.1 Middle East and Africa Hybrid Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Hybrid Composites Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Hybrid Composites Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Hybrid Composites Forecasted Market Size by Country
9.2.1 Middle East and Africa Hybrid Composites Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Hybrid Composites Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Toray
10.1.1 Toray Company Information
10.1.2 Toray Introduction and Business Overview
10.1.3 Toray Hybrid Composites Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Toray Hybrid Composites Products Offered
10.1.5 Toray Recent Development
10.2 Lanxess
10.2.1 Lanxess Company Information
10.2.2 Lanxess Introduction and Business Overview
10.2.3 Lanxess Hybrid Composites Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Lanxess Hybrid Composites Products Offered
10.2.5 Lanxess Recent Development
10.3 Hexcel
10.3.1 Hexcel Company Information
10.3.2 Hexcel Introduction and Business Overview
10.3.3 Hexcel Hybrid Composites Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hexcel Hybrid Composites Products Offered
10.3.5 Hexcel Recent Development
10.4 RTP Company
10.4.1 RTP Company Company Information
10.4.2 RTP Company Introduction and Business Overview
10.4.3 RTP Company Hybrid Composites Sales, Revenue and Gross Margin (2018-2023)
10.4.4 RTP Company Hybrid Composites Products Offered
10.4.5 RTP Company Recent Development
10.5 PolyOne Corporation
10.5.1 PolyOne Corporation Company Information
10.5.2 PolyOne Corporation Introduction and Business Overview
10.5.3 PolyOne Corporation Hybrid Composites Sales, Revenue and Gross Margin (2018-2023)
10.5.4 PolyOne Corporation Hybrid Composites Products Offered
10.5.5 PolyOne Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Hybrid Composites Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Hybrid Composites Industrial Chain Analysis
11.4 Hybrid Composites Market Dynamics
11.4.1 Hybrid Composites Industry Trends
11.4.2 Hybrid Composites Market Drivers
11.4.3 Hybrid Composites Market Challenges
11.4.4 Hybrid Composites Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Hybrid Composites Distributors
12.3 Hybrid Composites Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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