A composite material (also called a composition material or shortened to composite, which is the common name) is a material made from two or more constituent materials with significantly different physical or chemical properties that, when combined, produce a material with characteristics different from the individual components.
Carbon-fiber/Glass-fiber hybrid enjoys the largest usage share in the Hybrid Composites Market. Hybrid carbon fiber/glass fiber material is a lightweight and high-strength alternative for traditional fiberglass and metal applications in the automotive & transportation, building & construction and other industrial markets. The hybrid material offers the performance benefits of carbon fiber at a cost similar to high-performance fiberglass. Users can get up to 90% of carbons benefits at a cost much lower than what they would have to incur in case of using carbon fiber. Parts made out of these hybrid composites provide a high strength to weight ratio and are devoid of corrosion. These have extended service life requiring less maintenance. Their high specific properties meet the needs of applications that lay utmost importance on safety and strength.
Asia-Pacific to Witness Strongest Growth Rate in Hybrid Composites Market. The infrastructure industry in Asia-Pacific has been growing at a healthy rate in recent times. Hence, the region is estimated to witness tremendous growth rate over the assessment period in the Cement Board market. The largest revenue segment is construction followed by furniture. The Asia-Pacific region is currently experiencing high investments in residential and commercial construction, especially in China, Japan, Taiwan and South Korea and in developing economies such as India, Malaysia, Indonesia and Vietnam. All of these factors will be supported by the ever-increasing population in the region, urbanization and their increasing purchasing power. Regulations related to VOC emissions are currently being implemented in many regions of Asia-Pacific, and this might also drive the usage of cement boards such as fiber cement board (FCB) and cement bonded particleboard (CBPB).
Key questions addressed by the report
- Where will all these developments take Hybrid Compositesin the mid- to long-term?
- What are the upcoming technological trends in the Hybrid Compositesmarket?
- What are the opportunities for various players that exist at present and those that are planning to enter at different stages of the value chain?
- How growth strategies implemented by key players will impact the growth rate of the Hybrid Compositesmarket, and who will have the undue advantage?
- What are the current adoption trends of the Hybrid Compositesmarket?
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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The global Hybrid Composites market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019–2025.
This report focuses on Hybrid Composites volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hybrid Composites market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Hybrid Composites in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Hybrid Composites manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
- Toray
- Lanxess
- Hexcel
- RTP Company
- PolyOne Corporation
- North America
- Europe
- China
- Japan
- Southeast Asia
- India
- Carbon/Glass
- Carbon/Aramid
- Metal/Plastic
- Wood/Plastic
- Others
- Marine
- Aerospace
- Building & Construction
- Automotive & Transportation
- Others
* Estimates 2019–2024 Hybrid Compositesmarket development trends with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
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