Hybrid Composites Market Report 2019 to 2026: Size, Share, Scope and Market Segmentation | Industry Research CoPosted:
Global report on “Hybrid Composites Market” 2019-2026 mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a Detailed Analysis report, it covers all key inside analysis and opinion in Hybrid Composites industry. The research provides strategically important competitor information, analysis, and insights to formulate effective RandD strategies. The report also reviews key companies involved in Hybrid Composites and enlists all their major and minor projects.
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Global Hybrid Composites Market was valued at US$ 436 Mn in 2017 and is expected to reach US$ 1288 Mn by 2026, at a CAGR of 14.50 % during a forecast period.
Hybrid composites are formed using two or more reinforcement fibers to combine properties of different fibers. These composites are used when longitudinal and lateral mechanical performances are required. The hybrid composites are formed by various configurations of fibers, which include fiber by fiber mixtures, skin-core-skin structures, layer-by-layer mixtures, tow-by-tow mixtures, internal ribs, and external ribs. The properties of a hybrid composite mainly depend upon the fiber content, length of individual fibres, orientation, extent of intermingling of fibres, fiber to matrix bonding and arrangement of both the fibres.
The strength of the hybrid composite is also dependent on the failure strain of individual fibres. Maximum hybrid results are obtained when the fibres are highly strain compatible. Hybrid composites provide wider opportunities to control material stiffness, strength, and cost. The major restraint of hybrid composite have high recurring costs, have very expensive repairs and maintenance. Additionally, they are low cost and lightweight. The increasing demand for lightweight aircraft and automobile across the globe owing to stringent regulations for environment protection by the US Environmental Protection Agency and the European Chemicals Agency is one of the primary factors promoting the growth of hybrid composites market.
Top Performing Key Players in Hybrid Composites Industry: Royal DSM N.V., SGL Group, Gurit, Hexcel Corporation, Teijin Limited, General Electric, Exel Composites, Innegra Technologies, Solvay, PlastiComp
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Scope of Global Hybrid Composites Market:
Based on fiber type, Carbon/glass fiber hybrid composite parts are lighter and stronger than their metal counterparts, due to which, they are extensively used in many industries, including automotive and transportation and wind energy. Carbon/glass hybrid fiber composites are used in high-end vehicles to reduce the overall cost. Users can get up to 90% of carbons benefits at a cost much lower than what they would have to incur in case of using carbon fiber. Parts made out of these hybrid composites provide a high strength to weight ratio and are devoid of corrosion.
Global Hybrid Composites Market, by Fiber Type:
Hmpp (High-Modulus Polypropylene)
Uhmwpe (Ultra High Molecular Weight Polyethylene)
In terms of resins, Thermoset resins exhibit outstanding strength and crack resistance. These resins are suitable for use in automotive and transportation and marine Resins, which are some of the largest end-use industries requiring materials that possess high strength, lightweight, and flammability performance. Thermoset resin dominates the hybrid composite market owing to its wide-scale Resins in various end-use industries including automotive and transportation, aerospace and defense, wind energy, and marine.
Global Hybrid Composites Market, by Resin:
In terms of end-user, the automotive and transportation segment accounts for highest share in terms of revenue in the global market. The automotive and transportation industry uses hybrid composites to reduce weight and increase the fuel efficiency of vehicles. The use of hybrid composites in the automotive industry has enabled good performance and luxury at economical pricing. The better cost and performance properties offered by hybrid composites is expected to drive their demand in the automotive and transportation end-use industry.
Global Hybrid Composites Market, by End-User:
Automotive and Transportation
Aerospace and Defense
Europe is the major revenue generating region in the hybrid composites market. Europe is home to some of the major automotive and aerospace and defense equipment manufacturers, which create demand for hybrid composites in the region. The infrastructure industry in Asia-Pacific has been growing at a healthy rate in recent times. Hence, the region is estimated to witness tremendous growth rate over the assessment period in the Cement Board market.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hybrid Composites in these regions, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
Key Questions Answered in Hybrid Composites Report:
- How does the global Hybrid Composites market look like in 2019?
- Which are the areas set to benefit the most from Hybrid Composites in development?
- How many companies are currently involved in Hybrid Composites development? Which are the most active in the market?
- What is the size of the global Hybrid Composites market?
- How much revenue will be promising Hybrid Composites in the market, and in development, record to 2026?
- What are the key factors driving growth in the global Hybrid Composites market?
- What are the factors restraining the growth of global Hybrid Composites market?
- How do rules regarding Hybrid Composites components differ among key geographical markets?
- What are the key differences in Hybrid Composites regulatory pathways between United States, Europe, China, Japan, Southeast Asia, India, Central and South America?
Further, report additionally concentrate on competitive analysis of key players by materials, price, financial position, materials portfolio, growth strategies and regional presence. The report also provides PEST analysis, PORTER`s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to particular market segment.
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Detailed TOC of Hybrid Composites Market 2019 to 2026:Global Hybrid Composites Market
1.1. Research Objectives
1.2. Report Scope and Market Segmentation
Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology
2.3.1. Secondary Research
18.104.22.168. Secondary data
22.214.171.124. Secondary End-Users
2.3.2. Primary Research
126.96.36.199. Data from Primary End-Users
188.8.131.52. Breakdown of Primary End-Users
3.1. Global Hybrid Composites Market Size, by Market Value (US$ Mn) and Market Volume
Market Decision Framework
5.1. Porter`s Analysis
5.2. Value Chain Analysis
5.3. SWOT Analysis
5.4. PEST Analysis
Global Hybrid Composites Market Analysis and Forecast
6.1. Global Hybrid Composites Market Sizeand Y-o-Y Growth Analysis
6.1.1. North America
6.1.3. Asia Pacific
6.1.4. Middle East and Africa
6.1.5. South America
Global Hybrid Composites Market Analysis and Forecast, by Type
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Hybrid Composites Market Value Share Analysis, by Type
7.4. Global Hybrid Composites Market Size (US$ Mn) Forecast, by Type
7.5. Global Hybrid Composites Market Analysis, by Type
7.6. Global Hybrid Composites Market Attractiveness Analysis, by Type
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