Global High Performance Composites Industry

Global High Performance Composites Industry

  • April 2021 •
  • 233 pages •
  • Report ID: 5956947 •
  • Format: PDF
Abstract:
- Global High Performance Composites Market to Reach $37.2 Billion by 2027
- Amid the COVID-19 crisis, the global market for High Performance Composites estimated at US$27.2 Billion in the year 2020, is projected to reach a revised size of US$37.2 Billion by 2027, growing at aCAGR of 4.6% over the period 2020-2027. Thermoset, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$16.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Thermoplastic segment is readjusted to a revised 4.7% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $8 Billion, While China is Forecast to Grow at 4.3% CAGR
- The High Performance Composites market in the U.S. is estimated at US$8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.6 Billion by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

- Select Competitors (Total 38 Featured) -
  • 3M Company
  • Agy Holdings Corp.
  • Albany International Corp.
  • Argosy International Inc.
  • Arkema Group
  • BASF SE
  • Crawford Composites, LLC
  • DowDuPont, Inc.
  • Formosa Plastics Corporation
  • GKN PLC
  • Hexcel Corporation
  • Huntsman International LLC
  • Koninklijke Ten Cate BV
  • Mitsubishi Rayon Co., Ltd.
  • Momentive Performance Materials, Inc.
  • Orbital ATK, Inc.
  • Owens Corning
  • Plasan Carbon Composites, Inc.
  • PPG Industries, Inc.
  • SAERTEX GmbH & Co.KG
  • SGL Group - The Carbon Company
  • Solvay SA
  • Teijin Ltd.
  • Toray Industries, Inc.
  • Tpi Composites, Inc.