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Thermoset Composites - Global Market Trajectory & Analytics

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    Report

  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303561

FEATURED COMPANIES

  • AGY Holdings Corp.
  • Cytec Industries Inc.
  • Hexion Inc.
  • Jushi Group Co. Ltd.
  • Owens Corning
  • SGL Group
Global Thermoset Composites Market to Reach $76.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Thermoset Composites estimated at US$52.8 Billion in the year 2020, is projected to reach a revised size of US$76.7 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027. Wind Energy, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$18.9 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 Transportation segment is readjusted to a revised 6.1% CAGR for the next 7-year period.





The U.S. Market is Estimated at $14.3 Billion, While China is Forecast to Grow at 8.3% CAGR

The Thermoset Composites market in the U.S. is estimated at US$14.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$15.9 Billion by the year 2027 trailing a CAGR of 8.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Aerospace & Defense Segment to Record 5.9% CAGR

In the global Aerospace & Defense segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$6 Billion in the year 2020 will reach a projected size of US$8.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$10.3 Billion by the year 2027, while Latin America will expand at a 7.1% CAGR through the analysis period.

Select Competitors (Total 45 Featured):
  • AGY Holdings Corp.
  • Carbon Mods
  • Chongqing Polycomp International Corporation
  • Cytec Industries Inc.
  • Hexcel Corporation
  • Hexion Inc.
  • Huntsman Corporation
  • Johns Manville Corporation
  • Jushi Group Co., Ltd.
  • Kemrock Industries and Exports Limited
  • Mitsubishi Rayon Co., Ltd.
  • Owens Corning
  • PPG Industries Inc.
  • SGL Group
  • Taekwang Industries Co Ltd.
  • Teijin Limited
  • Toray Industries Inc.
Frequently Asked Questions about the Global Market for Thermoset Composites

What is the estimated value of the Global Market for Thermoset Composites?

The Global Market for Thermoset Composites was estimated to be valued at $52.8 Billion in 2020.

What is the growth rate of the Global Market for Thermoset Composites?

The growth rate of the Global Market for Thermoset Composites is 5.5%, with an estimated value of $76.7 Billion by 2027.

What is the forecasted size of the Global Market for Thermoset Composites?

The Global Market for Thermoset Composites is estimated to be worth $76.7 Billion by 2027.

Who are the key companies in the Global Market for Thermoset Composites?

Key companies in the Global Market for Thermoset Composites include AGY Holdings Corp., Carbon Mods, Chongqing Polycomp International Corporation, Cytec Industries Inc., Hexcel Corporation, Hexion Inc., Huntsman Corporation, Johns Manville Corporation and Kemrock Industries and Exports Limited.

FEATURED COMPANIES

  • AGY Holdings Corp.
  • Cytec Industries Inc.
  • Hexion Inc.
  • Jushi Group Co. Ltd.
  • Owens Corning
  • SGL Group

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 45

A selection of companies mentioned in this report includes:

  • AGY Holdings Corp.
  • Carbon Mods
  • Chongqing Polycomp International Corporation
  • Cytec Industries Inc.
  • Hexcel Corporation
  • Hexion Inc.
  • Huntsman Corporation
  • Johns Manville Corporation
  • Jushi Group Co. Ltd.
  • Kemrock Industries and Exports Limited
  • Mitsubishi Rayon Co. Ltd.
  • Owens Corning
  • PPG Industries Inc.
  • SGL Group
  • Taekwang Industries Co Ltd.
  • Teijin Limited
  • Toray Industries Inc.