Europe Hybrid Composites Market Size & Outlook, 2019-2027
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Europe hybrid composites market highlights
- The Europe hybrid composites market generated a revenue of USD 163.4 million in 2019.
- The market is expected to grow at a CAGR of 12.7% from 2020 to 2027.
- In terms of segment, carbon/glass was the largest revenue generating fiber type in 2019.
- Carbon/Glass is the most lucrative fiber type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2020 to 2027.
Europe data book summary
| Market revenue in 2019 | USD 163.4 million |
| Market revenue in 2027 | USD 425.9 million |
| Growth rate | 12.7% (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 |
| Key market players worldwide | Teijin Ltd, DSM, Hexcel Corp, Solvay SA |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.6% of the global hybrid composites market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 435.7 million by 2027.
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Hybrid Composites Market Scope
Hybrid Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Hexcel Corp | View profile | 5590 | 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 | https://www.hexcel.com |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| DSM | View profile | 10001+ | Heerlen, Limburg, The Netherlands, Europe | http://www.dsm.com |
Europe 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 38.43% in 2019. Horizon Databook has segmented the Europe hybrid composites market based on carbon/glass, carbon/aramid, hmpp, uhmwpe covering the revenue growth of each sub-segment from 2016 to 2027.
- Europe Hybrid Composites Fiber Type Outlook (Revenue, USD Million, 2016-2027)
- Carbon/Aramid
- HMPP
- Others
- Carbon/Glass
- UHMWPE
- Europe Hybrid Composites Resin Type Outlook (Revenue, USD Million, 2016-2027)
- Thermoplastic
- Thermoset
- Europe Hybrid Composites End-Use Outlook (Revenue, USD Million, 2016-2027)
- Wind Energy
- Others
- Aerospace & Defense
- Automotive & Transportation
- Marine
- Sporting Goods
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Target buyers of Europe hybrid composites market databook
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Our clientele includes a mix of hybrid composites market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hybrid composites market , including forecasts for subscribers. This continent databook contains high-level insights into Europe hybrid composites market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Europe hybrid composites market size, by country, 2016-2027 (US$M)
Europe Hybrid Composites Market Outlook Share, 2019 & 2027 (US$M)
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