Global Advanced Composites Market Growth 2023-2029

Global Advanced Composites Market Growth 2023-2029

Advanced composite Material (ACM) is a composite Material which can be used to process the main bearing structure and secondary bearing structure, and whose rigidity and strength properties are equivalent to or greater than aluminum alloy.

LPI (LP Information)' newest research report, the “Advanced Composites Industry Forecast” looks at past sales and reviews total world Advanced Composites sales in 2022, providing a comprehensive analysis by region and market sector of projected Advanced Composites sales for 2023 through 2029. With Advanced Composites sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Advanced Composites industry.

This Insight Report provides a comprehensive analysis of the global Advanced Composites landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Advanced Composites portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Advanced Composites market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Advanced Composites and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Advanced Composites.

The global Advanced Composites market size is projected to grow from US$ 23070 million in 2022 to US$ 35690 million in 2029; it is expected to grow at a CAGR of 35690 from 2023 to 2029.

Emerging trends, which have a direct impact on the dynamics of the advanced composites industry, include increased demand for carbon fiber which has high tensile strength, modulus, and compatibility with different resins

This report presents a comprehensive overview, market shares, and growth opportunities of Advanced Composites market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Thermosetting Advanced Composite
Aramid Fiber Composites
Carbon Fiber Composites
S-Glass Composites

Segmentation by application
Sporting Goods
Construction
Wind Energy
Aerospace & Defense
Electronics

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AGY Holdings
Cytec Solvay
DuPont
Formosa Plasticsoration
Hexceloration
Huntsmanoration
Koninklijke Ten Cate NV
Momentive Performance Materials
Owens Corning
Plasan Carbon Composites
SGL-Group
TEIJIN FIBERS
Toray Industries
WS Atkins
Reliance Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Advanced Composites market?

What factors are driving Advanced Composites market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Advanced Composites market opportunities vary by end market size?

How does Advanced Composites break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.