Epoxy Composite Market by Fiber Type and End-Use Industry: Global Opportunity Analysis and Industry Forecast 2020-2027

The global epoxy composite market size was valued at $16.4 billion in 2019, and is projected to reach $24.2 billion by 2027, growing at a CAGR of 5.1% from 2020 to 2027. Epoxy is a common resin used to create composite materials in thermosets. Epoxy resins are used in a wide variety of components, structures, and concrete repair composites. Major advantages of using epoxy include the ability to adapt to various products, their low shrinkage, good mechanical properties, and resistance to corrosive liquids and environments. In addition, superior electrical properties, high efficiency at elevated temperatures, and reasonable adhesion to substrates are some of the other benefits of using epoxy.

Rise in demand for lightweight materials in the automotive and aviation industries is expected to drive the global demand for epoxy composites due to its low weight-to-strength ratio. In addition, increase in demand for composite materials in pipes & tanks and oil & gas applications is expected to fuel the global market for epoxy composites during the forecast period. Furthermore, epoxy composites are also commonly used in wind turbines. Their superior material properties such as durability and excellent mechanical strength along with weight lightening significantly boost the efficiency of wind turbine. Therefore, growth in the wind energy industry is projected to boost global demand for epoxy composites. However, high volatility in the prices of raw materials and recyclability issues are anticipated to restrain the growth of the global epoxy composite market.

The global epoxy composite market is segmented on the basis of fiber type, end-use industry, and region. By fiber type, the market is classified into glass, carbon, and others (natural fiber and aramid fiber). According to end-use industry, it is divided into aerospace & defense, automotive, electrical & electronics, wind energy, sporting goods, marine, piping, and others. Based on the region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the key players operating in the global epoxy composite market are Barrday Inc., Bhor Chemicals and Plastics Private Limited, Cytec Solvay Group, Hexcel Corporation, Mitsubishi Chemical Corporation, Park Aerospace Corp., Sabancı Holding, SGL Carbon SE, Teijin Limited, and Toray Industries Inc.

KEY BENEFITS FOR STAKEHOLDERS

The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global epoxy composite from 2019 to 2027 to determine the prevailing opportunities.
A comprehensive analysis of the factors that drive and restrict the growth of the market are provided.
Estimations and forecast are based on factors impacting market growth, in terms of both value and volume.
Profiles of leading players operating in the market are provided to understand the global competitive scenario.
The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.

KEY MARKET SEGMENTS

By Fiber Type

Glass
Carbon
Others
Natural Fiber
Aramid Fiber

By End-Use Industry

Aerospace & Defense
Automotive
Electrical & Electronics
Wind Energy
Sporting Goods
Marine
Piping
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific- LAMEA
Brazil
Argentina
Qatar
UAE
Rest of LAMEA

KEY MARKET PLAYERS

Barrday Inc.
Bhor Chemicals And Plastics Private Limited
Cytec Solvay Group
Hexcel Corporation
Mitsubishi Chemical Corporation
Park Aerospace Corp.
Sabancı Holding
SGL Carbon SE
Teijin Limited
Toray Industries Inc.

Frequently Asked Questions about the Global Epoxy Composite Market

What is the estimated value of the Global Epoxy Composite Market?

The Global Epoxy Composite Market was estimated to be valued at $16.4 billion in 2019.

What is the growth rate of the Global Epoxy Composite Market?

The growth rate of the Global Epoxy Composite Market is 5.0%, with an estimated value of $24.2 billion by 2027.

What is the forecasted size of the Global Epoxy Composite Market?

The Global Epoxy Composite Market is estimated to be worth $24.2 billion by 2027.

Report Attribute	Details
No. of Pages	293
Published	July 2020
Forecast Period	2019 - 2027
Estimated Market Value ( USD ) in 2019	$ 16.4 billion
Forecasted Market Value ( USD ) by 2027	$ 24.2 billion
Compound Annual Growth Rate	5.0%
Regions Covered	Global

Chapter 1. Introduction

1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.5. Analyst Tools and Models

Chapter 2. Executive Summary

2.1. Key Findings of the Study
2.2. CXO Perspective

Chapter 3. Market Overview

3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.3. Porter’s Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Increase in Demand for Composite in the Automotive Industry
3.4.1.2. Emerging End-Use Applications of Fiber Composites and Environmental Advantages
3.4.1.3. Rise in Demand for Epoxy Composite from Wind Energy Industry
3.4.2. Restraint
3.4.2.1. Expensive and Complex Carbon Fiber Manufacturing Process
3.4.3. Opportunity
3.4.3.1. Increase in Adoption of Composite from Different Industries
3.5. Parent Peer Market Overview
3.6. Patent Analysis, 2015–2019
3.6.1. Patent Analysis by Country
3.6.2. Patent Analysis by Applicant, 2015–2019
3.6.3. Patent Analysis by Inventors, 2015–2019
3.7. Impact of Government Rules and Regulations
3.8. Impact of Corona (Covid19) Outbreak on the Epoxy Composite Market
3.9. Pricing Analysis
3.10. Value Chainanalysis

Chapter 4. Epoxy Compositemarket, by Fiber Type

4.1. Overview
4.1.1. Market Size and Forecast
4.2. Glass
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.3. Carbon
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country
4.4. Others
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Share Analysis, by Country
4.4.4. Natural Fiber
4.4.5. Aramid Fiber

Chapter 5. Epoxy Compositemarket, by End-Use Industry

5.1. Overview
5.1.1. Market Size and Forecast
5.2. Aerospace & Defense
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Automotive
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country
5.4. Electrical & Electronics
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Share Analysis, by Country
5.5. Wind Energy
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Share Analysis, by Country
5.6. Sporting Goods
5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Market Share Analysis, by Country
5.7. Marine
5.7.1. Key Market Trends, Growth Factors, and Opportunities
5.7.2. Market Size and Forecast, by Region
5.7.3. Market Share Analysis, by Country
5.8. Piping
5.8.1. Key Market Trends, Growth Factors, and Opportunities
5.8.2. Market Size and Forecast, by Region
5.8.3. Market Share Analysis, by Country
5.9. Others
5.9.1. Key Market Trends, Growth Factors, and Opportunities
5.9.2. Market Size and Forecast, by Region
5.9.3. Market Share Analysis, by Country

Chapter 6. Epoxy Compositemarket, by Region

6.1. Overview
6.1.1. Market Size and Forecast, by Region
6.2. North America
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Fiber Type
6.2.3. Market Size and Forecast, by End-Use Industry
6.2.4. Market Size and Forecast, by Country
6.2.5. U.S.
6.2.5.1. Market Size and Forecast, by Fiber Type
6.2.5.2. Market Size and Forecast, by End-Use Industry
6.2.6. Canada
6.2.6.1. Market Size and Forecast, by Fiber Type
6.2.6.2. Market Size and Forecast, by End-Use Industry
6.2.7. Mexico
6.2.7.1. Market Size and Forecast, by Fiber Type
6.2.7.2. Market Size and Forecast, by End-Use Industry
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Fiber Type
6.3.3. Market Size and Forecast, by End-Use Industry
6.3.4. Market Size and Forecast, by Country
6.3.5. Germany
6.3.5.1. Market Size and Forecast, by Fiber Type
6.3.5.2. Market Size and Forecast, by End-Use Industry
6.3.6. France
6.3.6.1. Market Size and Forecast, by Fiber Type
6.3.6.2. Market Size and Forecast, by End-Use Industry
6.3.7. UK
6.3.7.1. Market Size and Forecast, by Fiber Type
6.3.7.2. Market Size and Forecast, by End-Use Industry
6.3.8. Italy
6.3.8.1. Market Size and Forecast, by Fiber Type
6.3.8.2. Market Size and Forecast, by End-Use Industry
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast, by Fiber Type
6.3.9.2. Market Size and Forecast, by End-Use Industry
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Fiber Type
6.4.3. Market Size and Forecast, by End-Use Industry
6.4.4. Market Size and Forecast, by Country
6.4.5. China
6.4.5.1. Market Size and Forecast, by Fiber Type
6.4.5.2. Market Size and Forecast, by End-Use Industry
6.4.6. India
6.4.6.1. Market Size and Forecast, by Fiber Type
6.4.6.2. Market Size and Forecast, by End-Use Industry
6.4.7. Japan
6.4.7.1. Market Size and Forecast, by Fiber Type
6.4.7.2. Market Size and Forecast, by End-Use Industry
6.4.8. South Korea
6.4.8.1. Market Size and Forecast, by Fiber Type
6.4.8.2. Market Size and Forecast, by End-Use Industry
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast, by Fiber Type
6.4.9.2. Market Size and Forecast, by End-Use Industry
6.5. LAMEA
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Fiber Type
6.5.3. Market Size and Forecast, by End-Use Industry
6.5.4. Market Size and Forecast, by Country
6.5.5. Brazil
6.5.5.1. Market Size and Forecast, by Fiber Type
6.5.5.2. Market Size and Forecast, by End-Use Industry
6.5.6. Saudi Arabia
6.5.6.1. Market Size and Forecast, by Fiber Type
6.5.6.2. Market Size and Forecast, by End-Use Industry
6.5.7. South Africa
6.5.7.1. Market Size and Forecast, by Fiber Type
6.5.7.2. Market Size and Forecast, by End-Use Industry
6.5.8. Rest of LAMEA
6.5.8.1. Market Size and Forecast, by Fiber Type
6.5.8.2. Market Size and Forecast, by End-Use Industry

Chapter 7. Competitive Landscape

7.1. Introduction
7.1.1. Market Player Positioning, 2018
7.2. Market Share Analysis of Top Players, 2019 (%)
7.3. Top Winning Strategies
7.3.1. Top Winning Strategies, by Year
7.3.2. Top Winning Strategies, by Development
7.3.3. Top Winning Strategies, by Company
7.4. Product Mapping of Top 10 Player
7.5. Competitive Dashboard
7.6. Competitive Heatmap
7.7. Key Developments
7.7.1. New Product Launches
7.7.2. Expansions
7.7.3. Mergers and Acquisition
7.7.4. Collaboration
7.7.5. Agreement

Chapter 8. Company Profiles

8.1. Barrday Inc.
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Product Portfolio
8.2. Bhor Chemical and Plastic Pvt. Ltd.
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Product Portfolio
8.3. Cytec Solvay Group
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Product Portfolio
8.3.5. Business Performance
8.4. Hexcel Corporation
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Product Portfolio
8.4.5. Business Performance
8.4.6. Key Strategic Moves and Developments
8.5. Mitsubishi Chemical Corporation
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Product Portfolio
8.5.5. Business Performance
8.5.6. Key Strategic Moves and Developments
8.6. Park Aerospace Corp.
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Product Portfolio
8.6.4. Business Performance
8.6.5. Key Strategic Moves and Developments
8.7. Sabanci Holding
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Product Portfolio
8.7.5. Business Performance
8.8. Sgl Carbon Se
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Product Portfolio
8.8.5. Business Performance
8.9. Teijin Limited
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Product Portfolio
8.9.5. Business Performance
8.10. Toray Industries Inc.
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Product Portfolio
8.10.5. Business Performance

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
Scientific and technical writings for product information and related preemptions
Regional government and statistical databases for macro analysis
Authentic news articles and other related releases for market evaluation
Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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