Continuous Fiber Composites Market by Resin Type (Thermoset Composite Resins, Thermoplastic Composite Resins), Product Type (Woven Fabric, Non-Crimp Fabric, Unidirectional Tape, and Others), Reinforcement Type (Glass Fiber Composites, Carbon Fiber Composi

Continuous Fiber Composites Market by Resin Type (Thermoset Composite Resins, Thermoplastic Composite Resins), Product Type (Woven Fabric, Non-Crimp Fabric, Unidirectional Tape, and Others), Reinforcement Type (Glass Fiber Composites, Carbon Fiber Composites, and Others), Industry Vertical (Aerospace, Automotive, Power and Energy, Sports and Leisure, Consumer Electronics, and Others), and Region 2024-2032


The global continuous fiber composites market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032. The rapid utilization of continuous fiber composite in wind turbines, the growing adoption of lightweight components in the manufacturing of vehicles, and the rising stringency of government regulations regarding sustainable development represent some of the key factors driving the market.

Continuous fiber composites refer to materials consisting of continuous fibers bonded to a matrix that offers exceptional stiffness and lightweight properties. With its combination of fibers, resins, and core materials, it is one of the most versatile materials available. It can be continuous, chopped or milled in form, and is composed of glass, carbon, or aramid fibers. Depending on the application requirements, including strength, cost, geometry, and complexity, they can be developed from either a thermoset or thermoplastic matrix. Their high strength-to-weight ratio, ease of processing, freedom of form, and recyclable nature make them an excellent choice for numerous industrial applications. Composites with continuous fibers have numerous advantages, including excellent corrosion and creep resistance, low maintenance costs, and lightweight construction. Consequently, these composite materials are used in a variety of industries, such as automotive, aerospace, electronics, sports and leisure, consumer electronics, and construction.

Continuous Fiber Composites Market Trends:
The rapid utilization of continuous fiber composite in blades, nacelles, and smaller components of wind turbines is a significant factor driving the growth of the market. This can be attributed to the escalating demand for clean energy resources from the energy sector. In addition to this, the growing adoption of lightweight components for the manufacturing of vehicles, particularly electric vehicles (EVs), is propelling the market. Moreover, an enhanced focus on carbon emission control is providing an impetus to the market. Besides this, the augmenting demand for non-toxic substitutes for asbestos-based friction products across numerous end-use industries, such as construction, aerospace and marine sectors, is also creating a positive market outlook. The market is further driven by the increasing usage of these composites in industrial manufacturing processes, including cold forming operations, stress corrosion cracking (SCR) processes and metal fastening applications. Apart from this, the rising popularity of electrical resistivity materials and flame retardants in the electronics and electrical industry is resulting in a higher product uptake on the global level. Some of the other factors contributing to the market include continual product innovations, such as rapid cure resin systems and cost-effective carbon and glass fibers, rapid industrialization, and extensive research and development (R&D) activities conducted by the key players.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global continuous fiber composites market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on resin type, product type, reinforcement type, and industry vertical.

Resin Type Insights:

Thermoset Composite Resins
Thermoplastic Composite Resins

The report has provided a detailed breakup and analysis of the continuous fiber composites market based on the resin type. This includes thermoset composite resins and thermoplastic composite resins. According to the report, thermoset composite resins represented the largest segment.

Product Type Insights:

Woven Fabric
Non-Crimp Fabric
Unidirectional Tape
Others

The report has provided a detailed breakup and analysis of the continuous fiber composites market based on the product type. This includes woven fabric, non-crimp fabric, unidirectional tape, and others. According to the report, woven fabric represented the largest segment.

Reinforcement Type Insights:

Glass Fiber Composites
Carbon Fiber Composites
Others

The report has provided a detailed breakup and analysis of the continuous fiber composites market based on the reinforcement type. This includes glass fiber composites, carbon fiber composites, and others. According to the report, glass fiber composites represented the largest segment.

Industry Vertical Insights:

Aerospace
Automotive
Power and Energy
Sports and Leisure
Consumer Electronics
Others

A detailed breakup and analysis of the continuous fiber composites market based on the industry vertical has also been provided in the report. This includes aerospace, automotive, power and energy, sports and leisure, and others. According to the report, aerospace accounted for the largest market share.

Regional Insights:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for continuous fiber composites. Some of the factors driving the North America continuous fiber composites market include the presence of several key players across the region, rapid industrialization, growing adoption of lightweight components for the manufacturing of vehicles, etc.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global continuous fiber composites market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Celanese Corporation, Chomarat Textiles Industries, Gurit Holding AG, Hexcel Corporation, Johns Manville Corporation, Lanxess AG, Owens Corning Corporation, Saertex GmbH & Co. KG, Solvay S.A, Toray Industries Inc, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. How big is the global continuous fiber composites market?
2. What is the expected growth rate of the global continuous fiber composites market during 2024-2032?
3. What are the key factors driving the global continuous fiber composites market?
4. What has been the impact of COVID-19 on the global continuous fiber composites market?
5. What is the breakup of the global continuous fiber composites market based on the resin type?
6. What is the breakup of the global continuous fiber composites market based on the product type?
7. What is the breakup of the global continuous fiber composites market based on the reinforcement type?
8. What is the breakup of the global continuous fiber composites market based on the industry vertical?
9. What are the key regions in the global continuous fiber composites market?
10. Who are the key players/companies in the global continuous fiber composites market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Continuous Fiber Composites Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Resin Type
6.1 Thermoset Composite Resins
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Thermoplastic Composite Resins
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product Type
7.1 Woven Fabric
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Non-Crimp Fabric
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Unidirectional Tape
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Reinforcement Type
8.1 Glass Fiber Composites
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Carbon Fiber Composites
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Industry Vertical
9.1 Aerospace
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Automotive
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Power and Energy
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Sports and Leisure
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Consumer Electronics
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 Drivers, Restraints, and Opportunities
11.1 Overview
11.2 Drivers
11.3 Restraints
11.4 Opportunities
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Celanese Corporation
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Chomarat Textiles Industries
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Gurit Holding AG
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 Hexcel Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Johns Manville Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Lanxess AG
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Owens Corning Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Saertex GmbH & Co. KG
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 SWOT Analysis
15.3.9 Solvay S.A
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Toray Industries Inc
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

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