Composite Materials in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Composite materials are formed when two materials with different physical and chemical properties are combined. These composite materials are specially designed to carry out a certain task, for instance becoming stronger, lighter, or electrically resistant. Additionally, they can increase stiffness and strength. They are preferred over conventional materials because they enhance the qualities of the base material and can be used in a variety of contexts.
- The North American composite materials market recorded revenues of $31.34 billion in 2024, representing a compound annual growth rate (CAGR) of 2.3% between 2019-24.
- Market consumption volume increased with a CAGR of 1.5% between 2019-24, reaching a total of 3,325.0 kilotons in 2024.
- The moderate growth of the North American composite materials market during 2019-24 can be attributed to the rising demand for lightweight and durable materials from the aerospace and defense, automotive, and wind energy industries.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the composite materials market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the composite materials market in North America
- Leading company profiles reveal details of key composite materials market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America composite materials market with five year forecasts
Reasons to Buy
- What was the size of the North America composite materials market by value in 2024?
- What will be the size of the North America composite materials market in 2029?
- What factors are affecting the strength of competition in the North America composite materials market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's composite materials market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Compagnie de Saint-Gobain
- Owens Corning
- Huntsman International LLC
- Hexcel Corp
