Composite Preforms Market By Fiber Type (Carbon, Glass, Others), By Product Type (Stitching, Braiding, Knitting, Weaving), By Structure (One-D, Two-D, Three-D), By Application (Automotive, Consumer Goods, Infrastructure, Marine, Medical, Aerospace and Def

Composite Preforms Market By Fiber Type (Carbon, Glass, Others), By Product Type (Stitching, Braiding, Knitting, Weaving), By Structure (One-D, Two-D, Three-D), By Application (Automotive, Consumer Goods, Infrastructure, Marine, Medical, Aerospace and Defence): Global Opportunity Analysis and Industry Forecast, 2021-2031

The composite preforms market was valued at $239.3 million in 2021 and is estimated to reach $433.1 million by 2031, exhibiting a CAGR of 6.1% from 2022 to 2031.

The composite preform is an arrangement of continuous or discontinuous fibrous material which undergoes a reinforcement process to obtain a specific composite shape. Composite preforms have excellent significant properties such as high mechanical strength, thermal stability, and fatigue life owing to which it has been widely used in v industrial, automotive, aerospace, infrastructure, marine, and other end-use sectors.

Moreover, sustainable economic growth coupled with increasing demand for consumer goods has led the automotive & electronics sector to witness a significant increase in demand for composite preform, where composite preforms are widely used in cost and weight reduction purposes. In addition, it is also used to design sports and leisure goods such as bicycle handlebars, bowling balls, skis, and among others. These factors are predicted to contribute toward global market growth.

Furthermore, an increase in investments in the building infrastructure in countries such as the U.S., China, Japan, Mexico, and India, has led the building & construction sector to witness significant growth. Composite preforms have greater thermal stability and resistance to corrosion which it is used in corrosive environments in fire protection applications.  In addition, composite preforms are lightweight, have a strength-to-weight ratio, and help in lowering the cost of construction, as much less material can be used without sacrificing structural stability. This factor is projected to drive the market during the forecast period.

However, the complicated processes associated with composite preforms may restrain the growth of the composite preforms market during the forecast period. On the contrary, the rapid development of water supply, sanitation, urban transport, schools, and healthcare are aiding the growth of the infrastructure sector. Glass fiber-reinforced composite preforms are resistant to corrosion and chemicals, due to which it is widely used for fire protection applications. This factor is anticipated to fuel the demand for composite preforms in the growing building & construction sector; thus, offering the most lucrative opportunities for the market.

The report segments the composite preforms market on the basis of structure type, product type, fiber type, application, and region. Based on structure, it is classified into One-D, Two-D, and Three-D. By product type, it is divided into stitching, braiding, knitting, and weaving. Based on fiber type, it is categorized into carbon, glass, and others. By application, it is divided into automotive, consumer goods, infrastructure, marine, medical, aerospace & defense. Region-wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

The global composite preforms market profiles leading players including Kümpers Composites, C and J Antich, SAERTEX Group, bally ribbon mills, Sigmatex, Axis Composites Limited, Albany International Corp, T.E.A.M., Inc., A and P Technology, and Eurocarbon B.V. The global composite preforms market report provides in-depth competitive analysis as well as profiles of these major players.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the composite preforms market analysis from 2021 to 2031 to identify the prevailing composite preforms market opportunities.
Market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
An in-depth analysis of the composite performs market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes an analysis of the regional as well as global composite preforms market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Fiber Type

Carbon
Glass
Others

By Product Type

Stitching
Braiding
Knitting
Weaving

By Structure

One-D
Two-D
Three-D

By Application

Automotive
Consumer Goods
Infrastructure
Marine
Medical
Aerospace and Defence

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Thailand
Malaysia
Indonesia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
UAE
Argentina
Rest of LAMEA

Key Market Players

Kumpers Composites
Eurocarbon B.V.
A and P Technology
Sigmatex
SAERTEX Group
C and J Antich
Bally Ribbon Mills
T.E.A.M., Inc.
Axis Composites Limited
Albany International Corp

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