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Continuous Fiber Composites Market by Resin Type, Product Type, Reinforcement Type, Industry Vertical, and Region 2023-2028

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    Report

  • 145 Pages
  • March 2023
  • Region: Global
  • IMARC Group
  • ID: 5742978
The global continuous fiber composites market size reached US$ 2.55 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 3.62 Billion by 2028, exhibiting a CAGR of 6.01% during 2022-2028. The rapid utilization of continuous fiber composite in wind turbines, the growing adoption of lightweight components in the manufacturing of vehicles, and the rising stringency of government regulations regarding sustainable development represent some of the key factors driving the market.

Continuous fiber composites refer to materials consisting of continuous fibers bonded to a matrix that offers exceptional stiffness and lightweight properties. With its combination of fibers, resins, and core materials, it is one of the most versatile materials available. It can be continuous, chopped or milled in form, and is composed of glass, carbon, or aramid fibers. Depending on the application requirements, including strength, cost, geometry, and complexity, they can be developed from either a thermoset or thermoplastic matrix. Their high strength-to-weight ratio, ease of processing, freedom of form, and recyclable nature make them an excellent choice for numerous industrial applications. Composites with continuous fibers have numerous advantages, including excellent corrosion and creep resistance, low maintenance costs, and lightweight construction. Consequently, these composite materials are used in a variety of industries, such as automotive, aerospace, electronics, sports and leisure, consumer electronics, and construction.

Continuous Fiber Composites Market Trends:

The rapid utilization of continuous fiber composite in blades, nacelles, and smaller components of wind turbines is a significant factor driving the growth of the market. This can be attributed to the escalating demand for clean energy resources from the energy sector. In addition to this, the growing adoption of lightweight components for the manufacturing of vehicles, particularly electric vehicles (EVs), is propelling the market. Moreover, an enhanced focus on carbon emission control is providing an impetus to the market. Besides this, the augmenting demand for non-toxic substitutes for asbestos-based friction products across numerous end-use industries, such as construction, aerospace and marine sectors, is also creating a positive market outlook. The market is further driven by the increasing usage of these composites in industrial manufacturing processes, including cold forming operations, stress corrosion cracking (SCR) processes and metal fastening applications. Apart from this, the rising popularity of electrical resistivity materials and flame retardants in the electronics and electrical industry is resulting in a higher product uptake on the global level. Some of the other factors contributing to the market include continual product innovations, such as rapid cure resin systems and cost-effective carbon and glass fibers, rapid industrialization, and extensive research and development (R&D) activities conducted by the key players.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each segment of the global continuous fiber composites market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on resin type, product type, reinforcement type, and industry vertical.

Resin Type Insights:

  • Thermoset Composite Resins
  • Thermoplastic Composite Resins


The report has provided a detailed breakup and analysis of the continuous fiber composites market based on the resin type. This includes thermoset composite resins and thermoplastic composite resins. According to the report, thermoset composite resins represented the largest segment.

Product Type Insights:

  • Woven Fabric
  • Non-Crimp Fabric
  • Unidirectional Tape
  • Others


The report has provided a detailed breakup and analysis of the continuous fiber composites market based on the product type. This includes woven fabric, non-crimp fabric, unidirectional tape, and others. According to the report, woven fabric represented the largest segment.

Reinforcement Type Insights:

  • Glass Fiber Composites
  • Carbon Fiber Composites
  • Others


The report has provided a detailed breakup and analysis of the continuous fiber composites market based on the reinforcement type. This includes glass fiber composites, carbon fiber composites, and others. According to the report, glass fiber composites represented the largest segment.

Industry Vertical Insights:

  • Aerospace
  • Automotive
  • Power and Energy
  • Sports and Leisure
  • Consumer Electronics
  • Others


A detailed breakup and analysis of the continuous fiber composites market based on the industry vertical has also been provided in the report. This includes aerospace, automotive, power and energy, sports and leisure, and others. According to the report, aerospace accounted for the largest market share.

Regional Insights:

  • 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


The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for continuous fiber composites. Some of the factors driving the North America continuous fiber composites market include the presence of several key players across the region, rapid industrialization, growing adoption of lightweight components for the manufacturing of vehicles, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global continuous fiber composites market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Celanese Corporation, Chomarat Textiles Industries, Gurit Holding AG, Hexcel Corporation, Johns Manville Corporation, Lanxess AG, Owens Corning Corporation, Saertex GmbH & Co. KG, Solvay S.A, Toray Industries Inc, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:

  • How has the global continuous fiber composites market performed so far and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global continuous fiber composites market?
  • What are the key regional markets?
  • Which countries represent the most attractive continuous fiber composites markets?
  • What is the breakup of the market based on the resin type?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on reinforcement type?
  • What is the breakup of the market based on industry vertical?
  • What is the competitive structure of the global continuous fiber composites market?
  • Who are the key players/companies in the global continuous fiber composites market?

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 Continuous Fiber Composites Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Resin Type
6.1 Thermoset Composite Resins
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Thermoplastic Composite Resins
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Product Type
7.1 Woven Fabric
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Non-Crimp Fabric
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Unidirectional Tape
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast

8 Market Breakup by Reinforcement Type
8.1 Glass Fiber Composites
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Carbon Fiber Composites
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast

9 Market Breakup by Industry Vertical
9.1 Aerospace
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Automotive
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Power and Energy
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Sports and Leisure
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Consumer Electronics
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast

10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast

11 Drivers, Restraints, and Opportunities
11.1 Overview
11.2 Drivers
11.3 Restraints
11.4 Opportunities

12 Value Chain Analysis

13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Celanese Corporation
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Chomarat Textiles Industries
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Gurit Holding AG
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 Hexcel Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Johns Manville Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Lanxess AG
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Owens Corning Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Saertex GmbH & Co. KG
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 SWOT Analysis
15.3.9 Solvay S.A
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Toray Industries Inc
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
  • Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

List of Figures
Figure 1: Global: Continuous Fiber Composites Market: Major Drivers and Challenges
Figure 2: Global: Continuous Fiber Composites Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Continuous Fiber Composites Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Continuous Fiber Composites Market: Breakup by Resin Type (in %), 2022
Figure 5: Global: Continuous Fiber Composites Market: Breakup by Product Type (in %), 2022
Figure 6: Global: Continuous Fiber Composites Market: Breakup by Reinforcement Type (in %), 2022
Figure 7: Global: Continuous Fiber Composites Market: Breakup by Industry Vertical (in %), 2022
Figure 8: Global: Continuous Fiber Composites Market: Breakup by Region (in %), 2022
Figure 9: Global: Continuous Fiber Composites (Thermoset Composite Resins) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Continuous Fiber Composites (Thermoset Composite Resins) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Continuous Fiber Composites (Thermoplastic Composite Resins) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Continuous Fiber Composites (Thermoplastic Composite Resins) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Continuous Fiber Composites (Woven Fabric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Continuous Fiber Composites (Woven Fabric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Continuous Fiber Composites (Non-Crimp Fabric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Continuous Fiber Composites (Non-Crimp Fabric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Continuous Fiber Composites (Unidirectional Tape) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Continuous Fiber Composites (Unidirectional Tape) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Continuous Fiber Composites (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Continuous Fiber Composites (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Continuous Fiber Composites (Glass Fiber Composites) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Continuous Fiber Composites (Glass Fiber Composites) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Continuous Fiber Composites (Carbon Fiber Composites) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Continuous Fiber Composites (Carbon Fiber Composites) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Continuous Fiber Composites (Other Reinforcement Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Continuous Fiber Composites (Other Reinforcement Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Continuous Fiber Composites (Aerospace) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Continuous Fiber Composites (Aerospace) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Continuous Fiber Composites (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Continuous Fiber Composites (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Continuous Fiber Composites (Power and Energy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Continuous Fiber Composites (Power and Energy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Continuous Fiber Composites (Sports and Leisure) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Continuous Fiber Composites (Sports and Leisure) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Continuous Fiber Composites (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Continuous Fiber Composites (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Continuous Fiber Composites (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Continuous Fiber Composites (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: North America: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: North America: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: United States: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: United States: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Canada: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Canada: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Asia-Pacific: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Asia-Pacific: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: China: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: China: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Japan: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Japan: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: India: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: India: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: South Korea: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: South Korea: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Australia: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Australia: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Indonesia: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Indonesia: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Others: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Others: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Europe: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Europe: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Germany: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Germany: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: France: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: France: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: United Kingdom: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: United Kingdom: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Italy: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Italy: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Spain: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Spain: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Russia: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Russia: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Latin America: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Latin America: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Brazil: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Brazil: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Mexico: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Mexico: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Others: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Others: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Middle East and Africa: Continuous Fiber Composites Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Middle East and Africa: Continuous Fiber Composites Market: Breakup by Country (in %), 2022
Figure 87: Middle East and Africa: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Continuous Fiber Composites Industry: Drivers, Restraints, and Opportunities
Figure 89: Global: Continuous Fiber Composites Industry: Value Chain Analysis
Figure 90: Global: Continuous Fiber Composites Industry: Porter's Five Forces Analysis

List of Tables
Table 1: Global: Continuous Fiber Composites Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Continuous Fiber Composites Market Forecast: Breakup by Resin Type (in Million US$), 2023-2028
Table 3: Global: Continuous Fiber Composites Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 4: Global: Continuous Fiber Composites Market Forecast: Breakup by Reinforcement Type (in Million US$), 2023-2028
Table 5: Global: Continuous Fiber Composites Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 6: Global: Continuous Fiber Composites Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Continuous Fiber Composites Market: Competitive Structure
Table 8: Global: Continuous Fiber Composites Market: Key Players

Companies Mentioned

  • Celanese Corporation
  • Chomarat Textiles Industries
  • Gurit Holding AG
  • Hexcel Corporation
  • Johns Manville Corporation
  • Lanxess AG
  • Owens Corning Corporation
  • Saertex GmbH & Co. KG
  • Solvay S.A
  • Toray Industries Inc

Methodology

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Table Information