Data Bridge Market Research analyses that the advanced composites market is expected to reach USD 40,574.57 million by 2030, which was USD 21,921.18 million in 2022, registering a CAGR of 8.00% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
 
Advanced composites materials are also called as advanced polymer matrix composites. These composites are lightweight materials with high modulus to elasticity and strength. These products are manufactured by using fibrous material which are embedded in different resin matrices. These advanced materials are extensively utilized in marine, aerospace and defines, automotive and wind energy sector.
 
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Some of the major players operating in the advanced composites market are:
 
  • TORAY INDUSTRIES, INC.(Japan)
  • Teijin Aramid B.V. (Netherlands)
  • Mitsubishi Chemical Group Corporation Japan
  • Huntsman International LLC. (U.S.)
  • BASF SE (Germany)
  • Solvay (Belgium)
  • Akzo Nobel N.V. (Netherlands)
  • DuPont (U.S.)
  • Hexion (U.S.)
  • Honeywell International Inc. (U.S.)
  • Owens Corning (U.S.)
  • Formosa Plastics Corporation (Taiwan)
  • Henkel AG & Co. Kagan (Germany)
  • Lyondellbasell Industries Holdings B.V. (Netherlands)
  • Hanwha Solutions (South Korea)
 
Global Advanced Composites Market Scope:
 
The advanced composites market is segmented on the basis of fibre type, resin type, manufacturing process and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
 
Fibber Type
  • Carbon
  • S-Glass
  • Aramid
  • Others
 
Resin Type
  • Thermosetting
  • Thermoplastic
 
Manufacturing Process
  • Automated Tape Laying (ATL)
  • Automated Fibber Placement (AFP)
  • Hand Layup/Spray Layup
  • Filament Winding, Pultrusion
  • Resin Transfer Moulding (RTM)
  • Compression moulding
  • Injection moulding
  • Others
 
 
Parabens Market Regional Analysis/Insights:
 
The parabens market is analysed and market size insights and trends are provided by country, product type, application and end use as referenced above.
 
The countries covered in the parabens market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
 
North America dominates the parabens market in terms of market share revenue owing to the growing disposable income of the people and the growing demand for processed food and cosmetics products in this region.
 
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