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Epoxy Composite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 143 Pages
  • January 2023
  • Region: Global
  • IMARC Group
  • ID: 5732621
The global epoxy composite market size reached US$ 32.3 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 46.4 Billion by 2028, exhibiting a CAGR of 6.22% during 2022-2028.

Epoxy composite is a type of material that employs epoxy resin for creating a polymer matrix, which is reinforced with fibers or other fillers to manufacture durable components with high strength-to-weight ratios. Some of the commonly used methods for producing epoxy composites include hand layup, compression, filament winding, and injection resin and resin molding processes. As compared to conventional construction materials, such as metal and concrete, epoxy composite is more lightweight, flexible, and cost-effective, and exhibits excellent adhesion and superior ultraviolet (UV) radiation, chemical, and heat resistance properties. This, in turn, protects the object from deterioration, due to which it is extensively used in various industrial applications. At present, epoxy composite is mainly available in glass and carbon fiber types.

Epoxy Composite Market Trends:

One of the key factors driving the epoxy composite market is the widespread product adoption in load-bearing applications, including automotive, aerospace, oil and gas, and construction industries, due to their improved mechanical properties, high adhesiveness, heat and solvent resistance, and low costs. Additionally, epoxy composites exhibit various beneficial properties, such as being lightweight, exhibiting resistance to fatigue, and offering lack of shrinkage after cooling, due to which they are frequently combined with carbon and glass fiber to manufacture wind blades. As a result, there has been a fueling demand for epoxy composites in the wind energy industry for producing and coating components, which is acting as another growth-inducing factor. In line with this, significant technological advancements and the introduction of several effective and affordable production solutions for manufacturing epoxy composites in bulk are contributing to the market growth. Other factors, such as strategic collaborations amongst key players and ongoing investments in the research and development (R&D) activities for producing versatile epoxy resin that can be deployed as a key component to construct air and watercraft, are creating a positive outlook for the market.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global epoxy composite market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on fiber type, manufacturing process and end user.

Breakup by Fiber Type:

  • Glass Fiber
  • Carbon Fiber
  • Others

Breakup by Manufacturing Process:

  • Lay-up
  • Compression Moulding
  • Resin Injection
  • Resin Transfer Moulding
  • Filament Winding
  • Pultrusion

Breakup by End User:

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

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arkema S.A, Avient Corporation, Axiom Materials Inc., Gurit, Hexcel Corporation, Huntsman Corporation LLC, Mitsubishi Chemical Holdings Corporation, SGL Carbon SE, Solvay S.A, Teijin Limited and Toray Industries Inc.

Key Questions Answered in This Report:

  • How has the global epoxy composite market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global epoxy composite market?
  • What are the key regional markets?
  • What is the breakup of the market based on the fiber type?
  • What is the breakup of the market based on the manufacturing process?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global epoxy composite market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Epoxy Composite Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Fiber Type
6.1 Glass Fiber
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Carbon Fiber
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast

7 Market Breakup by Manufacturing Process
7.1 Lay-up
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Compression Moulding
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Resin Injection
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Resin Transfer Moulding
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Filament Winding
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Pultrusion
7.6.1 Market Trends
7.6.2 Market Forecast

8 Market Breakup by End User
8.1 Aerospace and Defense
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Electrical and Electronics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Wind Energy
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Sporting Goods
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Marine
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Piping
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Others
8.8.1 Market Trends
8.8.2 Market Forecast

9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast

10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Arkema S.A
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Avient Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Axiom Materials Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Gurit
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Hexcel Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Huntsman Corporation LLC
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Mitsubishi Chemical Holdings Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 SGL Carbon SE
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Solvay S.A
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Teijin Limited
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Toray Industries Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis

List of Figures
Figure 1: Global: Epoxy Composite Market: Major Drivers and Challenges
Figure 2: Global: Epoxy Composite Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Epoxy Composite Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Epoxy Composite Market: Breakup by Fiber Type (in %), 2022
Figure 5: Global: Epoxy Composite Market: Breakup by Manufacturing Process (in %), 2022
Figure 6: Global: Epoxy Composite Market: Breakup by End User (in %), 2022
Figure 7: Global: Epoxy Composite Market: Breakup by Region (in %), 2022
Figure 8: Global: Epoxy Composite (Glass Fiber) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Epoxy Composite (Glass Fiber) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Epoxy Composite (Carbon Fiber) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Epoxy Composite (Carbon Fiber) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Epoxy Composite (Other Fiber Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Epoxy Composite (Other Fiber Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Epoxy Composite (Lay-up) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Epoxy Composite (Lay-up) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Epoxy Composite (Compression Moulding) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Epoxy Composite (Compression Moulding) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Epoxy Composite (Resin Injection) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Epoxy Composite (Resin Injection) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Epoxy Composite (Resin Transfer Moulding) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Epoxy Composite (Resin Transfer Moulding) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Epoxy Composite (Filament Winding) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Epoxy Composite (Filament Winding) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Epoxy Composite (Pultrusion) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Epoxy Composite (Pultrusion) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Epoxy Composite (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Epoxy Composite (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Epoxy Composite (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Epoxy Composite (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Epoxy Composite (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Epoxy Composite (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Epoxy Composite (Wind Energy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Epoxy Composite (Wind Energy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Epoxy Composite (Sporting Goods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Epoxy Composite (Sporting Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Epoxy Composite (Marine) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Epoxy Composite (Marine) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Epoxy Composite (Piping) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Epoxy Composite (Piping) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Epoxy Composite (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Epoxy Composite (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: North America: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: North America: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: United States: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: United States: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Canada: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Canada: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Asia-Pacific: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Asia-Pacific: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: China: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: China: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Japan: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Japan: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: India: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: India: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: South Korea: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: South Korea: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Australia: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Australia: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Indonesia: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Indonesia: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Others: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Others: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Europe: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Europe: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Germany: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Germany: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: France: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: France: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: United Kingdom: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: United Kingdom: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Italy: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Italy: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Spain: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Spain: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Russia: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Russia: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Others: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Others: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Latin America: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Latin America: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Brazil: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Brazil: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Mexico: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Mexico: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Others: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Others: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Middle East and Africa: Epoxy Composite Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Middle East and Africa: Epoxy Composite Market: Breakup by Country (in %), 2022
Figure 90: Middle East and Africa: Epoxy Composite Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Global: Epoxy Composite Industry: SWOT Analysis
Figure 92: Global: Epoxy Composite Industry: Value Chain Analysis
Figure 93: Global: Epoxy Composite Industry: Porter's Five Forces Analysis

List of Tables
Table 1: Global: Epoxy Composite Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Epoxy Composite Market Forecast: Breakup by Fiber Type (in Million US$), 2023-2028
Table 3: Global: Epoxy Composite Market Forecast: Breakup by Manufacturing Process (in Million US$), 2023-2028
Table 4: Global: Epoxy Composite Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Epoxy Composite Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Epoxy Composite Market: Competitive Structure
Table 7: Global: Epoxy Composite Market: Key Players

Companies Mentioned

  • Arkema S.A
  • Avient Corporation
  • Axiom Materials Inc.
  • Gurit
  • Hexcel Corporation
  • Huntsman Corporation LLC
  • Mitsubishi Chemical Holdings Corporation
  • SGL Carbon SE
  • Solvay S.A
  • Teijin Limited
  • Toray Industries Inc.

Methodology

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