Global Hybrid Composites Market Size & Outlook, 2019-2027
Global hybrid composites market, 2016-2027 (US$M)
Related Markets
Global hybrid composites market highlights
- The global hybrid composites market generated a revenue of USD 534.2 million in 2019 and is expected to reach USD 1,464.7 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 13.4% by 2027.
- In terms of segment, carbon/glass accounted for a revenue of USD 204.2 million in 2019.
- Carbon/Glass is the most lucrative fiber type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2019.
- Country-wise, UK is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 534.2 million |
| Market revenue in 2027 | USD 1,464.7 million |
| Growth rate | 13.4% (CAGR from 2019 to 2027) |
| Largest segment | Carbon/glass |
| Fastest growing segment | Carbon/Glass |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon/Glass, Carbon/Aramid, HMPP, UHMWPE |
Other key industry trends
- In terms of revenue, the North America accounted for 25.2% of the global hybrid composites market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, UK is the fastest growing regional market and is projected to reach USD 59.3 million by 2027.
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Hybrid Composites Market Scope
Hybrid Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hybrid composites market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hybrid composites market will help companies and investors design strategic landscapes.
Carbon/glass was the largest segment with a revenue share of 38.23% in 2019. Horizon Databook has segmented the Global hybrid composites market based on carbon/glass, carbon/aramid, hmpp, uhmwpe covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Hybrid Composites Fiber Type Outlook (Revenue, USD Million, 2016-2027)
- Carbon/Glass
- Carbon/Aramid
- HMPP
- UHMWPE
- Others
- Global Hybrid Composites Resin Type Outlook (Revenue, USD Million, 2016-2027)
- Thermoset
- Thermoplastic
- Global Hybrid Composites End-Use Outlook (Revenue, USD Million, 2016-2027)
- Automotive & Transportation
- Aerospace & Defense
- Wind Energy
- Marine
- Sporting Goods
- Others
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Our clientele includes a mix of hybrid composites market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global hybrid composites market , including forecasts for subscribers. This global databook contains high-level insights into Global hybrid composites market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global hybrid composites market size, by regions, 2016-2027 (US$M)
Top 10 countries: Hybrid composites market size, 2019 (US$M)
Global hybrid composites market share, by fiber type, 2019 & 2027 (%, US$M)
Hybrid composites market: Opportunity assessment by country
Global hybrid composites market, by region, 2019 (US$M)
| Fiber Type | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 90.6 | 103.1 | 117.5 | 134.5 | 150.2 | 168.0 | 188.7 | 212.9 | 241.1 | 273.9 | 312.0 | 356.2 | 13.0% |
| Europe | 111.1 | 126.0 | 143.3 | 163.4 | 181.8 | 203.1 | 227.7 | 256.4 | 289.7 | 328.5 | 373.6 | 425.9 | 12.7% |
| Asia Pacific | 96.2 | 110.9 | 128.1 | 148.4 | 167.8 | 189.8 | 215.9 | 246.8 | 283.2 | 326.0 | 376.4 | 435.7 | 14.4% |
| Latin America | 31.7 | 36.4 | 42.0 | 48.6 | 54.8 | 61.9 | 70.3 | 80.1 | 91.6 | 105.2 | 121.1 | 139.7 | 14.1% |
| MEA | 25.9 | 29.6 | 34.0 | 39.4 | 44.4 | 50.4 | 56.9 | 64.2 | 72.7 | 82.6 | 93.9 | 107.1 | 13.3% |
| Overall | 355.5 | 406.0 | 464.8 | 534.2 | 599.0 | 673.3 | 759.4 | 860.4 | 978.3 | 1,116.2 | 1,276.9 | 1,464.7 | 13.4% |
Related regional statistics
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