Advanced Composites Market
Advanced Composites Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Aramid Fiber Composites, Carbon Fiber Composites, Glass Fiber Composites
- By Application Aerospace & Defense, Automotive, Wind Energy, Sporting Goods, Other Applications
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 32.2 Billion |
Revenue 2030: | USD 58.48 Billion |
Revenue CAGR (2023 - 2030): | 8.9% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Advanced Composites Market Segment Analysis
- Advanced Composites Product Outlook (Revenue, USD Million, 2018 - 2030)
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Advanced Composites Application Outlook (Revenue, USD Million, 2018 - 2030)
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
-
North America Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- U.S.
- U.S. Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- U.S. Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- U.S. Advanced Composites Market, by Product
- Canada
- Canada Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Canada Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Canada Advanced Composites Market, by Product
-
Mexico
- Mexico Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Mexico Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Mexico Advanced Composites Market, by Product
-
North America Advanced Composites Market, by Product
- Europe
-
Europe Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
-
Europe Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- U. K.
- U.K. Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- U.K. Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- U.K. Advanced Composites Market, by Product
- France
- France Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- France Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- France Advanced Composites Market, by Product
-
Germany
- Germany Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Germany Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Germany Advanced Composites Market, by Product
-
Italy
- Italy Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Italy Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Italy Advanced Composites Market, by Product
-
Spain
- Spain Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Spain Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Spain Advanced Composites Market, by Product
-
Rest of Europe
- Rest of Europe Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Rest of Europe Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Rest of Europe Advanced Composites Market, by Product
-
Europe Advanced Composites Market, by Product
- Asia Pacific
-
Asia Pacific Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
-
Asia Pacific Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- China
- China Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- China Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- China Advanced Composites Market, by Product
- Japan
- Japan Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Japan Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Japan Advanced Composites Market, by Product
-
Germany
- Germany Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Germany Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Germany Advanced Composites Market, by Product
-
India
- India Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- India Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- India Advanced Composites Market, by Product
-
South Korea
- South Korea Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- South Korea Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- South Korea Advanced Composites Market, by Product
-
South East Asia
- South East Asia Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- South East Asia Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- South East Asia Advanced Composites Market, by Product
-
Rest of Asia Pacific
- Rest of Asia Pacific Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Rest of Asia Pacific Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Rest of Asia Pacific Advanced Composites Market, by Product
-
Asia Pacific Advanced Composites Market, by Product
- Latin America
-
Latin America Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
-
Latin America Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Brazil
- Brazil Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Brazil Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Brazil Advanced Composites Market, by Product
- Argentina
- Argentina Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Argentina Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Argentina Advanced Composites Market, by Product
-
Rest of Latin America
- Rest of Latin America Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Rest of Latin America Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Rest of Latin America Advanced Composites Market, by Product
-
Latin America Advanced Composites Market, by Product
- Middle East & Africa
-
Middle East & Africa Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
-
Middle East & Africa Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- GCC Countries
- GCC Countries Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- GCC Countries Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- GCC Countries Advanced Composites Market, by Product
- South Africa
- South Africa Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- South Africa Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- South Africa Advanced Composites Market, by Product
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Advanced Composites Market, by Product
- Aramid Fiber Composites
- Carbon Fiber Composites
- Glass Fiber Composites
- Rest of Middle East & Africa Advanced Composites Market, by Application
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Other Applications
- Rest of Middle East & Africa Advanced Composites Market, by Product
-
Middle East & Africa Advanced Composites Market, by Product
- North America
FAQ
Frequently Asked Question
What is the global demand for Advanced Composites in terms of revenue?
-
The global Advanced Composites valued at USD 32.2 Billion in 2022 and is expected to reach USD 58.48 Billion in 2030 growing at a CAGR of 8.9%.
Which are the prominent players in the market?
-
The prominent players in the market are HCS Group GmbH (Germany), Dymatic Chemicals Inc. (China), Chevron Phillips Chemical Company LLC (U.S.), SK Geo Centric Co. Ltd (Korea), LG Chem (U.S.), Maruzen Petrochemical (Japan), Mitsubishi Chemical Corp. (Japan), CHIME (U.S.), Asahi Kasei Corp. (Japan), SABIC (Saudi Arabia).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.9% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Advanced Composites include
- High demand in aerospace and aircraft industry
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Advanced Composites in 2022.