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Epoxy Composite Market Size, Share & Trends Analysis Report By Fiber Type (Glass, Carbon), By End-use (Automotive & Transportation, Wind Energy), By Region (APAC, North America), And Segment Forecasts, 2021 - 2028

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    Report

  • 133 Pages
  • September 2021
  • Region: Global
  • Grand View Research
  • ID: 5440519
Description Jump to:
The global epoxy composite market size is expected to reach USD 55.97 billion by 2028, registering a CAGR of 8.3% over the forecast period, according to a new report by the publisher. Growing usage of advanced lightweight functional materials in various industries, such as automotive & transportation, aerospace & defense, and wind energy, is expected to drive the market.

Increasing demand for composites in the automotive industry is anticipated to boost the market growth over the forecast period. Rising fuel prices have triggered the need for fuel-efficient vehicles, which is expected to increase the usage of composites. Composites are majorly utilized as the replacement for aluminum, wood, and steel on account of their higher strength-to-weight ratio.

The high manufacturing cost of composites is challenging the growth and profitability of the market across the world. In addition, initial capital investment is anticipated to pose a challenge over the forecast period. Companies, such as Toray Industries and Teijin Ltd., are integrated across the value chain of composites ranging from raw material supply to distribution activities and have also diversified their product offerings.

Epoxy Composite Market Report Highlights

  • The glass fiber reinforced epoxy composites segment accounted for the highest revenue share of more than 60% in 2020 as a result of high demand due to their superior characteristics along with cost-effectiveness
  • The automotive & transportation application segment dominated the global market and is expected to register a significant CAGR over the forecast period
  • The wind energy application segment is expected to witness the fastest CAGR of more than 9% due to high product demand in this application or ensuring shape stability, structural strength, and damage resistance to wind turbine rotor blades
  • Asia Pacific led the global market in 2020, in terms of revenue share, owing to the presence of a robust automotive manufacturing base in the region
  • Key companies have undertaken various initiatives, such as technology innovations, R&D, partnerships, and mergers & acquisitions, to manufacture cost-effective and lightweight composite products


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. 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
3.1.1. Global Composites Market
3.2. Industry Value Chain Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry challenges
3.5.4. Market Growth Opportunities
3.6. Business Environmental Tool Analysis: Epoxy Composites Market
3.6.1. Porter’s Five Forces Analysis
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat of New Entrants
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Landscape
3.6.2.2. Economic Landscape
3.6.2.3. Social Landscape
3.6.2.4. Technology Landscape
3.6.2.5. Environmental Landscape
3.6.2.6. Legal Landscape
Chapter 4. COVID-19 Impact Analysis
4.1. Global COVID-19 Spread by Number of Cases & Deaths
4.2. Impact of COVID-19 on GDP
4.3. Impact of COVID-19 on Epoxy Composites Market
Chapter 5. Epoxy Composites Market: Fiber Type Estimates & Trend Analysis
5.1. Epoxy Composites Market: Fiber Type Movement Analysis, 2020 & 2028
5.2. Glass Fiber
5.2.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
5.3. Carbon Fiber
5.3.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
5.4. Other Fiber
5.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
Chapter 6. Epoxy Composites Market: End-use Estimates & Trend Analysis
6.1. Epoxy Composites Market: End-use Movement Analysis, 2020 & 2028
6.2. Automotive & Transportation
6.2.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
6.3. Aerospace & Defense
6.3.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
6.4. Wind Energy
6.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
6.5. Electrical & Electronics
6.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
6.6. Sporting & Consumer Goods
6.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
6.7. Other End-uses
6.7.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
Chapter 7. Epoxy Composites Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2020 & 2028
7.2. Epoxy Composites Market: Regional movement analysis, 2019 & 2027
7.3. North America
7.3.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.3.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.3.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.3.4. U.S.
7.3.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.3.4.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.3.4.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.3.5. Canada
7.3.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.3.5.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.3.5.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.3.6. Mexico
7.3.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.3.6.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.3.6.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.4. Europe
7.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.4.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.4.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.4.4. U.K.
7.4.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.4.4.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.4.4.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.4.5. Germany
7.4.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.4.5.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.4.5.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.4.6. France
7.4.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.4.6.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.4.6.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.4.7. Italy
7.4.7.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.4.7.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.4.7.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.5. Asia Pacific
7.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.5.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.5.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.5.4. China
7.5.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.5.4.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.5.4.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.5.5. India
7.5.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.5.5.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.5.5.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.5.6. Japan
7.5.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.5.6.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.5.6.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.5.7. Australia
7.5.7.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.5.7.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.5.7.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.6. Central & South America
7.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.6.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.6.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.6.4. Brazil
7.6.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.6.4.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.6.4.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.6.5. Argentina
7.6.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.6.5.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.6.5.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.7. Middle East & Africa
7.7.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.7.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.7.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.7.4. Saudi Arabia
7.7.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.7.4.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.7.4.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
7.7.5. South Africa
7.7.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.7.5.2. Market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
7.7.5.3. Market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Chapter 8. Competitive Landscape
8.1. Key global players & recent developments & their impact on the industry
8.2. Vendor Landscape
8.2.1. List of key distributors and channel partners
8.2.2. Key customers
8.3. Public Companies
8.3.1. Company Market Positioning
8.4. Public Companies
8.4.1. List of key emerging companies/technology disruptors/innovators
8.4.2. Geographical Presence
Chapter 9. Company Profiles
9.1. Teijin Ltd.
9.1.1. Company overview
9.1.2. Financial performance
9.1.3. Product benchmarking
9.1.4. Strategic initiatives
9.2. Toray Industries, Inc.
9.2.1. Company overview
9.2.2. Financial performance
9.2.3. Product benchmarking
9.2.4. Strategic initiatives
9.3. Huntsman Corporation LLC
9.3.1. Company overview
9.3.2. Financial performance
9.3.3. Product benchmarking
9.3.4. Strategic initiatives
9.4. SGL Carbon
9.4.1. Company overview
9.4.2. Financial performance
9.4.3. Product benchmarking
9.4.4. Strategic initiatives
9.5. Hexcel Corporation
9.5.1. Company overview
9.5.2. Financial performance
9.5.3. Product benchmarking
9.5.4. Strategic initiatives
9.6. Solvay
9.6.1. Company overview
9.6.2. Financial performance
9.6.3. Product benchmarking
9.6.4. Strategic initiatives
9.7. PARK AEROSPACE CORP.
9.7.1. Company overview
9.7.2. Financial performance
9.7.3. Product benchmarking
9.7.4. Strategic initiatives
9.8. Arkema
9.8.1. Company overview
9.8.2. Financial performance
9.8.3. Product benchmarking
9.8.4. Strategic initiatives
9.9. AVIENT CORPORATION
9.9.1. Company overview
9.9.2. Financial performance
9.9.3. Product benchmarking
9.9.4. Strategic initiatives
9.10. Olin Corporation
9.10.1. Company overview
9.10.2. Financial performance
9.10.3. Product benchmarking
9.10.4. Strategic initiatives
List of Tables
Table 1 Epoxy composites market estimates and forecasts, by glass fiber, 2017 - 2028 (USD Million)
Table 2 Epoxy composites market estimates and forecasts, by carbon fiber, 2017 - 2028 (USD Million)
Table 3 Epoxy composites market estimates and forecasts, by other fiber, 2017 - 2028 (USD Million)
Table 4 Epoxy composites market estimates and forecasts, by automotive & transportation, 2017 - 2028 (USD Million)
Table 5 Epoxy composites market estimates and forecasts, by aerospace & defense, 2017 - 2028 (USD Million)
Table 6 Epoxy composites market estimates and forecasts, by wind energy, 2017 - 2028 (USD Million)
Table 7 Epoxy composites market estimates and forecasts, by electrical & electronics, 2017 - 2028 (USD Million)
Table 8 Epoxy composites market estimates and forecasts, by sporting & consumer goods, 2017 - 2028 (USD Million)
Table 9 Epoxy composites market estimates and forecasts, by other end-uses, 2017 - 2028 (USD Million)
Table 10 North America epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 11 North America epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 12 North America epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 13 The U.S. epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 14 The U.S. epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 15 The U.S. epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 16 Canada epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 17 Canada epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 18 Canada epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 19 Mexico epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 20 Mexico epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 21 Mexico epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 22 Europe epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 23 Europe epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 24 Europe epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 25 The U.K. epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 26 The U.K. epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 27 The U.K. epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 28 Germany epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 29 Germany epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 30 Germany epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 31 France epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 32 France epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 33 France epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 34 Italy epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 35 Italy epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 36 Italy epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 37 Asia Pacific epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 38 Asia Pacific epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 39 Asia Pacific epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 40 China epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 41 China epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 42 China epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 43 India epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 44 India epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 45 India epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 46 Japan epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 47 Japan epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 48 Japan epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 49 Australia epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 50 Australia epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 51 Australia epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 52 Central & South America epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 53 Central & South America epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 54 Central & South America epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 55 Brazil epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 56 Brazil epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 57 Brazil epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 58 Argentina epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 59 Argentina epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 60 Argentina epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 61 Middle East & Africa epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 62 Middle East & Africa epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 63 Middle East & Africa epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 64 Saudi Arabia epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 65 Saudi Arabia epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 66 Saudi Arabia epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
Table 67 South Africa epoxy composites market estimates and forecasts, 2017 - 2028 (USD Million)
Table 68 South Africa epoxy composites market estimates and forecasts, by fiber type, 2017 - 2028 (USD Million)
Table 69 South Africa epoxy composites market estimates and forecasts, by end-use, 2017 - 2028 (USD Million)
List of Figures
Figure 1 Market segmentation & scope
Figure 2 Information procurement
Figure 3 Primary research pattern
Figure 4 Primary research process
Figure 5 Market research approaches - Bottom-Up Approach
Figure 6 Market research approaches - Top-Down Approach
Figure 7 Market research approaches - Combined Approach
Figure 8 Penetration & Growth Prospect Mapping
Figure 9 Epoxy Composites Market - Value Chain Analysis
Figure 10 Epoxy Composites Market - Market Dynamic
Figure 11 Market Driver Impact Analysis
Figure 12 World Motor Vehicle Production by Region (2020) (Thousand Units)
Figure 13 World Motor Vehicle Production from 2017 to 2028 (Thousand Units)
Figure 14 Air Transport Passengers from 2017 to 2028 (Thousand Units)
Figure 15 Market Restrain Impact Analysis
Figure 16 Pricing - CFRP Vs Other Materials (USD/Kg)
Figure 17 Epoxy Composites Market - Fiber Type Movement Analysis, 2020 & 2028
Figure 18 Epoxy Composites Market - End-Use Movement Analysis, 2020 & 2028
Figure 19 Epoxy Composites Market - Regional Movement Analysis, 2020 & 2028
Figure 20 Epoxy Composites Market - Competition categorization

Companies Mentioned

  • Teijin Ltd.
  • Toray Industries, Inc.
  • Huntsman Corporation LLC
  • SGL Carbon
  • Hexcel Corporation
  • Solvay
  • PARK AEROSPACE CORP.
  • Arkema
  • AVIENT CORPORATION
  • Olin Corporation

Methodology

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Table Information

Report AttributeDetails
No. of Pages133
PublishedSeptember 2021
Forecast Period2020 - 2028
Estimated Market Value ( USD ) in 2020 $ 28.4 Billion
Forecasted Market Value ( USD ) by 2028 $ 55.97 Billion
Compound Annual Growth Rate8.9%
Regions CoveredGlobal
No. of Companies Mentioned10

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