Product Code: GVR-4-68039-095-9
Epoxy Composites Market Growth & Trends
The global epoxy composites market size is anticipated to reach USD 42.92 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.2% from 2020 to 2027. Growing demand for lightweight material in industries, including aerospace and defense, automotive and transportation, and wind energy, is likely to propel the market growth.
Epoxy composites are widely used for manufacturing a wide array of aircraft as well as automotive parts. Augmenting concerns regarding CO2 emission levels and fuel consumption are expected to increase the use of carbon fiber epoxy composites as a substitute for various metal components, thereby propelling the demand for epoxy composites.
Technological advancements to reduce the manufacturing cycle time is projected to drive the demand for epoxy composites in the automotive industry. Furthermore, the demand for epoxy composites in the wind energy sector is likely to propel further owing to the additional product life and protection offered to the wind rotor blades that are functional in adverse weather conditions.
Surging demand for customized components, primarily in aircraft, automotive, and sports sectors, has urged the market players to integrate their products with downstream manufacturing technologies. Furthermore, surging demand for superior quality composite materials in the manufacturing sector is expected to drive investments in the market, thus complementing growth.
Epoxy Composites Market Report Highlights
The automotive and transportation end-use segment led the market and accounted for 25.6% share of the global revenue in 2019 on account of rising demand for durable and lightweight materials
Germany dominated the European market, accounting for 38.5% share of the regional revenue in 2019, owing to the augmenting demand from the automotive and aerospace industries
By fiber type, the carbon fiber segment is expected to expand at the fastest CAGR of 6.5% from 2020 to 2027 on account of superior attributes, such as high stiffness, low weight, low thermal expansion, and high chemical resistance offered by the composite material
Asia Pacific accounted for 35.9% share of the global revenue in 2019 due to rapid industrialization in the economies, including China, Japan, and India, coupled with augmenting product demand in the growing wind energy sector
The market is characterized by the presence of a large number of regional and international players, resulting in market fragmentation. Key players in the market have a strong distribution network and product brands launched across the globe.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Segmentation & Scope
- 3.3. Penetration & Growth Prospect Mapping
- 3.4. Industry Value Chain Analysis
- 3.5. Regulatory Framework
- 3.6. Market Dynamics
- 3.6.1. Market Driver Analysis
- 3.6.2. Market Restraint Analysis
- 3.6.3. Industry Challenges
- 3.7. Business Environmental Tools Analysis
- 3.7.1. Porter's Five Forces Analysis
- 3.7.1.1. Bargaining Power of Suppliers
- 3.7.1.2. Bargaining Power of Buyers
- 3.7.1.3. Threat of Substitutes
- 3.7.1.4. Threat of New Entrants
- 3.7.1.5. Competitive Rivalry
- 3.7.2. PESTLE Analysis
- 3.7.2.1. Political Landscape
- 3.7.2.2. Economic Landscape
- 3.7.2.3. Social Landscape
- 3.7.2.4. Technology Landscape
- 3.7.2.5. Environmental Landscape
- 3.7.2.6. Legal Landscape
- 3.8. Major Strategic Deals & Alliances
Chapter 4. COVID-19: Impact Analysis
Chapter 5. Epoxy Composites Market: Fiber Type Estimates & Trend Analysis
- 5.1. Epoxy Composites Market: Fiber Type Movement Analysis, 2019 & 2027
- 5.2. Glass Fiber
- 5.2.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 5.3. Carbon Fiber
- 5.3.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 5.4. Others
- 5.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
Chapter 6. Epoxy Composites Market: End-use Estimates & Trend Analysis
- 6.1. Epoxy Composites Market: End-use Movement Analysis, 2019 & 2027
- 6.2. Automotive & Transportation
- 6.2.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 6.3. Aerospace & Defense
- 6.3.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 6.4. Wind Energy
- 6.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 6.5. Electrical & Electronics
- 6.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 6.6. Sporting & Consumer Goods
- 6.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 6.7. Others
- 6.7.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
Chapter 7. Epoxy Composites Market: Regional Estimates & Trend Analysis
- 7.1. Epoxy Composites Market: Regional Movement Analysis, 2019 & 2027
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.2.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.2.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.2.4. U.S.
- 7.2.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.2.4.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.2.4.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.2.5. Canada
- 7.2.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.2.5.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.2.5.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.2.6. Mexico
- 7.2.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.2.6.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.2.6.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.3.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.3.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.3.4. Germany
- 7.3.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.3.4.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.3.4.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.3.5. U.K.
- 7.3.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.3.5.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.3.5.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.3.6. France
- 7.3.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.3.6.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.3.6.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.3.7. Italy
- 7.3.7.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.3.7.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.3.7.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.4.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.4.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.4.4. China
- 7.4.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.4.4.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.4.4.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.4.5. India
- 7.4.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.4.5.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.4.5.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.4.6. Japan
- 7.4.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.4.6.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.4.6.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.4.7. Australia
- 7.4.7.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.4.7.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.4.7.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.5.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.5.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.5.4. Brazil
- 7.5.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.5.4.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.5.4.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.5.5. Argentina
- 7.5.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.5.5.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.5.5.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.6.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.6.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.6.4.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.6.4.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
- 7.6.5. Saudi Arabia
- 7.6.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
- 7.6.5.2. Market estimates and forecasts, by fiber type, 2016 - 2027 (USD Million)
- 7.6.5.3. Market estimates and forecasts, by end use, 2016 - 2027 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Key Global Players, Their Initiatives, & Its Impact on the Market
- 8.2. Key Company/Competition Categorization
- 8.3. Vendor Landscape
- 8.4. Public Companies
- 8.4.1. Company Market Position Analysis
- 8.4.2. Competitive Dashboard Analysis
- 8.5. Private Companies
- 8.5.1. List of Key Emerging Companies And Their Geographical Presence
Chapter 9. Company Profiles
- 9.1. Hexcel Corporation
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. Cytec Solvay Group
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. Polyone Corporation
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. Hindoostan Composite Solutions
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. Teijin Limited
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. Park Electrochemical Corporation
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. Arkema
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. SGL Carbon
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. Toray Industries, Inc.
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Strategic Initiatives
- 9.10. Huntsman Corporation LLC
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Strategic Initiatives