Advanced Composites Market
Advanced Composites Market Forecasts to 2028 - Global Analysis By Product Type (S-Glass, Carbon, Aramid and Other Product Types), Resin Type (Thermoplastic and Thermosetting), Manufacturing Process (Automated Fiber Placement (AFP), Automated Tape Laying (ATL), Resin Transfer Molding (RTM) and Other Resin Types), End User and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $35.28 BN |
|
Projected Year Value (2028) |
US $66.71 BN |
|
CAGR (2022 - 2028) |
11.2% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Europe |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Advanced Composites Market is accounted for $35.28 billion in 2022 and is expected to reach $66.71 billion by 2028 growing at a CAGR of 11.2% during the forecast period. Advanced Composite Materials (ACM) has found extensive use in a variety of technical sectors thanks to their exceptional fatigue resistance, high strength, high hardness, and low weight, replacing metal alloys with composite materials decreases a structure's bulk by 20–30%. But in some unique circumstances the number of which is steadily growing the marriage of material directional properties with design ideas that make use of them, supported by the benefits of contemporary composite technology, results in a significant improvement in structural performance. Composite constructions with uniform strength that use fibres that are evenly strained to carry the load serve as examples of this efficiency.
Market Dynamics:
Driver:
Higher demand for lightweight, fuel-efficient vehicles
Recently, it has become very necessary to fight global pollution and reduce the carbon footprint of the world. It is crucial for automobile and aeroplane manufacturers to collaborate with the government to reduce the weight of cars in order to achieve greater efficiency, especially in light of the fact that governments in both developed and developing countries are working to reduce pollution and promote the use of fuel-efficient vehicles that produce less pollution. Advanced composites have grown in popularity as well as multiple activities for market and technology research and development. The need for innovative composite materials will be driven by the growing need to increase car and aviation efficiency, decrease fuel costs, reduce pollution, and create lightweight automobiles.
Restraint:
Limited use since it may be repaired and recycled
Advanced composite materials have special characteristics and attributes that set them apart from conventional materials and make them much more effective for a range of applications. As a result, it is challenging to spot any internal cracks or malfunctions in the places where it is used. The primary drawback of these advanced composite materials is their brittleness, which, if not properly maintained or subjected to routine testing, might result in unexpected catastrophic failure of the component.
Opportunity:
Growing demand for ceramic matrix composites in developing countries
In developing Asia-Pacific countries like Thailand, China, India, and Singapore, demand for ceramic matrix composites has expanded dramatically, which is expected to fuel market growth. These developing nations are striving to install fuel-efficient aviation engines and vehicle modules made of ceramic matrix composites in an effort to combat rising fuel prices and usage. Besides that, engine components including combustor liners, blades, nozzles, and shrouds utilise ceramic matrix advanced composites. Better fuel efficiency leads to a decrease in the aircraft's operating and administrative costs. In addition to high levels of urbanisation, industrialisation, and growing living standards, these countries' strong economies are a major factor in the adoption of machinery that uses less fuel.
Threat:
Insufficient skilled workers
There is a dearth of highly skilled labourers with an understanding of how to use efficient repair techniques, and there is a considerable demand for them. As a result, the reparability issue is made worse. Despite the longer lifespan of these advanced composite materials, the individual parts might be recycled and used again. The lifespan of such components can be increased with more knowledge of complex composite materials and repair techniques as well as an increase in the number of skilled and knowledgeable people.
Covid-19 Impact
Prior to the COVID-19 epidemic, the automotive, building & construction, aerospace & defence, wind energy, and marine sectors dominated the market for advanced composites. Due to supply chain snags brought on by closed domestic and international borders in 2020, a number of sectors had to scale back operations. Manufacturing operations were affected by the epidemic as a result of limitations put in place by various governments. Advanced composites are widely employed in the automotive, aerospace, and defence sectors of the economy, particularly in the control of vehicle weight and fuel efficiency. It is also commonly utilised in the building industry. Consequently, when activity in these industries diminished, so did the need for advanced composites. The epidemic also brought about changes in the cost of basic materials.
The aramid segment is expected to be the largest during the forecast period
The aramid segment is estimated to have a lucrative growth, due to expanding use in the defence industry. The product's wide range of properties, including high strength, low density, high heat, and impact resistance, are anticipated to be the main driver of growth. Due to its great strength, stiffness, and resilience to heat and shock, advanced aramid fibres are being used more often in the global automobile industry. Over the course of the forecast period, the market for advanced composites is anticipated to be driven by the use of the product in the production of tyres, body armour, and parts for defence vehicles.
The aerospace & defense segment is expected to have the highest CAGR during the forecast period
The aerospace & defense segment is anticipated to witness the highest CAGR growth during the forecast period, due to the demand for composites is projected to be driven during the projection period by positive year-over-year growth in the aerospace sector and increased investment in the sector. However, the penetration of these composites is limited in these industries due to the restriction of the application of goods to only high-end vehicles, large ships, and aircraft carriers. Rising defence spending is anticipated to increase demand for aramid composites throughout the projected period. Growing political unrest throughout the world is anticipated to increase defence sector expenditure, which will increase product demand over the estimated period.
Region with highest share:
Europe is projected to hold the largest market share during the forecast period owing to the nation's sizable market, enormous consumer disposable income, ability to mass produce and provide a wide range of goods, and other factors, the industry has expanded. It is projected that the rising demand for environmentally friendly renewable energy would be positively impacted by increased wind turbine installation in Spain, Germany, and the United Kingdom.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the volume and value, North America is the world's largest consumer of advanced composites. The increased use of advanced composites in industries like aerospace & defence, renewable energy, and transportation is fuelling the growth of the North American advanced composites market. In terms of value and volume, the US is now the greatest consumer of advanced composites worldwide, and it is anticipated that throughout the projected period, this position will only get stronger.
Key players in the market
Some of the key players profiled in the Advanced Composites Market include Mitsubishi Chemical Group Corporation, Huntsman International LLC, Solvay, Teijin Aramid B.V, TORAY INDUSTRIES, INC, BASF SE, DuPont, Honeywell International Inc., Henkel AG & Co. KgaA, Hanwha Solutions, Kemira, Akzo Nobel N.V., Hexion, Owens Corning, ,Formosa Plastics Corporation, SGL Carbon, Evonik Industries AG and H.B. Fuller
Key Developments:
In March 2023, The Mitsubishi Chemical Group (the MCG Group) announced that a plant-derived bio-engineering plastic DURABIO™ has been adopted for the body surface (outer layer) of ZOOM L1, a cap-type water-based gel ink ballpoint pen of the design stationery brand ZOOM.* This product has been available at ZOOM dealers in major Japanese cities since February.
In September 2022, Ibaraki Prefecture and Mitsubishi Chemical Corporation (MCC), a member of the Mitsubishi Chemical Group (the MCG Group), hereby announce that we will commence a strategic partnership agreement aiming to establish a circular industrial complex in the Kashima coastal industrial zone and create a carbonneutral industrial base located in the Ibaraki coastal area.
Product Types Covered:
• S-Glass
• Carbon
• Aramid
• Other Product Types
Resin Types Covered:
• Thermoplastic
• Thermosetting
Manufacturing Processes Covered:
• Automated Fiber Placement (AFP)
• Automated Tape Laying (ATL)
• Resin Transfer Molding (RTM)
• Filament Winding, Pultrusion
• Compression Molding
• Injection Molding
End Users Covered:
• Automotive
• Civil Engineering
• Energy & Power
• Aerospace & Defense
• Electrical & Electronics
• Healthcare
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Advanced Composites Market, By Product Type
5.1 Introduction
5.2 S-Glass
5.3 Carbon
5.4 Aramid
5.5 Other Product Types
6 Global Advanced Composites Market, By Resin Type
6.1 Introduction
6.2 Thermoplastic
6.3 Thermosetting
7 Global Advanced Composites Market, By Manufacturing Process
7.1 Introduction
7.2 Automated Fiber Placement (AFP)
7.3 Automated Tape Laying (ATL)
7.4 Resin Transfer Molding (RTM)
7.5 Filament Winding, Pultrusion
7.6 Compression Molding
7.7 Injection Molding
8 Global Advanced Composites Market, By End User
8.1 Introduction
8.2 Automotive
8.3 Civil Engineering
8.4 Energy & Power
8.5 Aerospace & Defense
8.6 Electrical & Electronics
8.7 Healthcare
8.8 Other End Users
9 Global Advanced Composites Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Mitsubishi Chemical Group Corporation
11.2 Huntsman International LLC
11.3 Solvay
11.4 Teijin Aramid B.V.
11.5 TORAY INDUSTRIES, INC
11.6 BASF SE
11.7 DuPont
11.8 Honeywell International Inc.
11.9 Henkel AG & Co. KgaA
11.10 Hanwha Solutions
11.11 Kemira
11.12 Akzo Nobel N.V.
11.13 Hexion
11.14 Owens Corning
11.15 Formosa Plastics Corporation
11.16 SGL Carbon
11.17 Evonik Industries AG
11.18 H.B. Fuller
List of Tables
1 Global Advanced Composites Market Outlook, By Region (2020-2028) ($MN)
2 Global Advanced Composites Market Outlook, By Product Type (2020-2028) ($MN)
3 Global Advanced Composites Market Outlook, By S-Glass (2020-2028) ($MN)
4 Global Advanced Composites Market Outlook, By Carbon (2020-2028) ($MN)
5 Global Advanced Composites Market Outlook, By Aramid (2020-2028) ($MN)
6 Global Advanced Composites Market Outlook, By Other Product Types (2020-2028) ($MN)
7 Global Advanced Composites Market Outlook, By Resin Type (2020-2028) ($MN)
8 Global Advanced Composites Market Outlook, By Thermoplastic (2020-2028) ($MN)
9 Global Advanced Composites Market Outlook, By Thermosetting (2020-2028) ($MN)
10 Global Advanced Composites Market Outlook, By Manufacturing Process (2020-2028) ($MN)
11 Global Advanced Composites Market Outlook, By Automated Fiber Placement (AFP) (2020-2028) ($MN)
12 Global Advanced Composites Market Outlook, By Automated Tape Laying (ATL) (2020-2028) ($MN)
13 Global Advanced Composites Market Outlook, By Resin Transfer Molding (RTM) (2020-2028) ($MN)
14 Global Advanced Composites Market Outlook, By Filament Winding, Pultrusion (2020-2028) ($MN)
15 Global Advanced Composites Market Outlook, By Compression Molding (2020-2028) ($MN)
16 Global Advanced Composites Market Outlook, By Injection Molding (2020-2028) ($MN)
17 Global Advanced Composites Market Outlook, By End User (2020-2028) ($MN)
18 Global Advanced Composites Market Outlook, By Automotive (2020-2028) ($MN)
19 Global Advanced Composites Market Outlook, By Civil Engineering (2020-2028) ($MN)
20 Global Advanced Composites Market Outlook, By Energy & Power (2020-2028) ($MN)
21 Global Advanced Composites Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
22 Global Advanced Composites Market Outlook, By Electrical & Electronics (2020-2028) ($MN)
23 Global Advanced Composites Market Outlook, By Healthcare (2020-2028) ($MN)
24 Global Advanced Composites Market Outlook, By Other End Users (2020-2028) ($MN)
25 North America Advanced Composites Market Outlook, By Country (2020-2028) ($MN)
26 North America Advanced Composites Market Outlook, By Product Type (2020-2028) ($MN)
27 North America Advanced Composites Market Outlook, By S-Glass (2020-2028) ($MN)
28 North America Advanced Composites Market Outlook, By Carbon (2020-2028) ($MN)
29 North America Advanced Composites Market Outlook, By Aramid (2020-2028) ($MN)
30 North America Advanced Composites Market Outlook, By Other Product Types (2020-2028) ($MN)
31 North America Advanced Composites Market Outlook, By Resin Type (2020-2028) ($MN)
32 North America Advanced Composites Market Outlook, By Thermoplastic (2020-2028) ($MN)
33 North America Advanced Composites Market Outlook, By Thermosetting (2020-2028) ($MN)
34 North America Advanced Composites Market Outlook, By Manufacturing Process (2020-2028) ($MN)
35 North America Advanced Composites Market Outlook, By Automated Fiber Placement (AFP) (2020-2028) ($MN)
36 North America Advanced Composites Market Outlook, By Automated Tape Laying (ATL) (2020-2028) ($MN)
37 North America Advanced Composites Market Outlook, By Resin Transfer Molding (RTM) (2020-2028) ($MN)
38 North America Advanced Composites Market Outlook, By Filament Winding, Pultrusion (2020-2028) ($MN)
39 North America Advanced Composites Market Outlook, By Compression Molding (2020-2028) ($MN)
40 North America Advanced Composites Market Outlook, By Injection Molding (2020-2028) ($MN)
41 North America Advanced Composites Market Outlook, By End User (2020-2028) ($MN)
42 North America Advanced Composites Market Outlook, By Automotive (2020-2028) ($MN)
43 North America Advanced Composites Market Outlook, By Civil Engineering (2020-2028) ($MN)
44 North America Advanced Composites Market Outlook, By Energy & Power (2020-2028) ($MN)
45 North America Advanced Composites Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
46 North America Advanced Composites Market Outlook, By Electrical & Electronics (2020-2028) ($MN)
47 North America Advanced Composites Market Outlook, By Healthcare (2020-2028) ($MN)
48 North America Advanced Composites Market Outlook, By Other End Users (2020-2028) ($MN)
49 Europe Advanced Composites Market Outlook, By Country (2020-2028) ($MN)
50 Europe Advanced Composites Market Outlook, By Product Type (2020-2028) ($MN)
51 Europe Advanced Composites Market Outlook, By S-Glass (2020-2028) ($MN)
52 Europe Advanced Composites Market Outlook, By Carbon (2020-2028) ($MN)
53 Europe Advanced Composites Market Outlook, By Aramid (2020-2028) ($MN)
54 Europe Advanced Composites Market Outlook, By Other Product Types (2020-2028) ($MN)
55 Europe Advanced Composites Market Outlook, By Resin Type (2020-2028) ($MN)
56 Europe Advanced Composites Market Outlook, By Thermoplastic (2020-2028) ($MN)
57 Europe Advanced Composites Market Outlook, By Thermosetting (2020-2028) ($MN)
58 Europe Advanced Composites Market Outlook, By Manufacturing Process (2020-2028) ($MN)
59 Europe Advanced Composites Market Outlook, By Automated Fiber Placement (AFP) (2020-2028) ($MN)
60 Europe Advanced Composites Market Outlook, By Automated Tape Laying (ATL) (2020-2028) ($MN)
61 Europe Advanced Composites Market Outlook, By Resin Transfer Molding (RTM) (2020-2028) ($MN)
62 Europe Advanced Composites Market Outlook, By Filament Winding, Pultrusion (2020-2028) ($MN)
63 Europe Advanced Composites Market Outlook, By Compression Molding (2020-2028) ($MN)
64 Europe Advanced Composites Market Outlook, By Injection Molding (2020-2028) ($MN)
65 Europe Advanced Composites Market Outlook, By End User (2020-2028) ($MN)
66 Europe Advanced Composites Market Outlook, By Automotive (2020-2028) ($MN)
67 Europe Advanced Composites Market Outlook, By Civil Engineering (2020-2028) ($MN)
68 Europe Advanced Composites Market Outlook, By Energy & Power (2020-2028) ($MN)
69 Europe Advanced Composites Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
70 Europe Advanced Composites Market Outlook, By Electrical & Electronics (2020-2028) ($MN)
71 Europe Advanced Composites Market Outlook, By Healthcare (2020-2028) ($MN)
72 Europe Advanced Composites Market Outlook, By Other End Users (2020-2028) ($MN)
73 Asia Pacific Advanced Composites Market Outlook, By Product Type (2020-2028) ($MN)
74 Asia Pacific Advanced Composites Market Outlook, By S-Glass (2020-2028) ($MN)
75 Asia Pacific Advanced Composites Market Outlook, By Carbon (2020-2028) ($MN)
76 Asia Pacific Advanced Composites Market Outlook, By Aramid (2020-2028) ($MN)
77 Asia Pacific Advanced Composites Market Outlook, By Other Product Types (2020-2028) ($MN)
78 Asia Pacific Advanced Composites Market Outlook, By Resin Type (2020-2028) ($MN)
79 Asia Pacific Advanced Composites Market Outlook, By Thermoplastic (2020-2028) ($MN)
80 Asia Pacific Advanced Composites Market Outlook, By Thermosetting (2020-2028) ($MN)
81 Asia Pacific Advanced Composites Market Outlook, By Manufacturing Process (2020-2028) ($MN)
82 Asia Pacific Advanced Composites Market Outlook, By Automated Fiber Placement (AFP) (2020-2028) ($MN)
83 Asia Pacific Advanced Composites Market Outlook, By Automated Tape Laying (ATL) (2020-2028) ($MN)
84 Asia Pacific Advanced Composites Market Outlook, By Resin Transfer Molding (RTM) (2020-2028) ($MN)
85 Asia Pacific Advanced Composites Market Outlook, By Filament Winding, Pultrusion (2020-2028) ($MN)
86 Asia Pacific Advanced Composites Market Outlook, By Compression Molding (2020-2028) ($MN)
87 Asia Pacific Advanced Composites Market Outlook, By Injection Molding (2020-2028) ($MN)
88 Asia Pacific Advanced Composites Market Outlook, By End User (2020-2028) ($MN)
89 Asia Pacific Advanced Composites Market Outlook, By Automotive (2020-2028) ($MN)
90 Asia Pacific Advanced Composites Market Outlook, By Civil Engineering (2020-2028) ($MN)
91 Asia Pacific Advanced Composites Market Outlook, By Energy & Power (2020-2028) ($MN)
92 Asia Pacific Advanced Composites Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
93 Asia Pacific Advanced Composites Market Outlook, By Electrical & Electronics (2020-2028) ($MN)
94 Asia Pacific Advanced Composites Market Outlook, By Healthcare (2020-2028) ($MN)
95 Asia Pacific Advanced Composites Market Outlook, By Other End Users (2020-2028) ($MN)
96 South America Advanced Composites Market Outlook, By Product Type (2020-2028) ($MN)
97 South America Advanced Composites Market Outlook, By S-Glass (2020-2028) ($MN)
98 South America Advanced Composites Market Outlook, By Carbon (2020-2028) ($MN)
99 South America Advanced Composites Market Outlook, By Aramid (2020-2028) ($MN)
100 South America Advanced Composites Market Outlook, By Other Product Types (2020-2028) ($MN)
101 South America Advanced Composites Market Outlook, By Resin Type (2020-2028) ($MN)
102 South America Advanced Composites Market Outlook, By Thermoplastic (2020-2028) ($MN)
103 South America Advanced Composites Market Outlook, By Thermosetting (2020-2028) ($MN)
104 South America Advanced Composites Market Outlook, By Manufacturing Process (2020-2028) ($MN)
105 South America Advanced Composites Market Outlook, By Automated Fiber Placement (AFP) (2020-2028) ($MN)
106 South America Advanced Composites Market Outlook, By Automated Tape Laying (ATL) (2020-2028) ($MN)
107 South America Advanced Composites Market Outlook, By Resin Transfer Molding (RTM) (2020-2028) ($MN)
108 South America Advanced Composites Market Outlook, By Filament Winding, Pultrusion (2020-2028) ($MN)
109 South America Advanced Composites Market Outlook, By Compression Molding (2020-2028) ($MN)
110 South America Advanced Composites Market Outlook, By Injection Molding (2020-2028) ($MN)
111 South America Advanced Composites Market Outlook, By End User (2020-2028) ($MN)
112 South America Advanced Composites Market Outlook, By Automotive (2020-2028) ($MN)
113 South America Advanced Composites Market Outlook, By Civil Engineering (2020-2028) ($MN)
114 South America Advanced Composites Market Outlook, By Energy & Power (2020-2028) ($MN)
115 South America Advanced Composites Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
116 South America Advanced Composites Market Outlook, By Electrical & Electronics (2020-2028) ($MN)
117 South America Advanced Composites Market Outlook, By Healthcare (2020-2028) ($MN)
118 South America Advanced Composites Market Outlook, By Other End Users (2020-2028) ($MN)
119 Middle East & Africa Advanced Composites Market Outlook, By Product Type (2020-2028) ($MN)
120 Middle East & Africa Advanced Composites Market Outlook, By S-Glass (2020-2028) ($MN)
121 Middle East & Africa Advanced Composites Market Outlook, By Carbon (2020-2028) ($MN)
122 Middle East & Africa Advanced Composites Market Outlook, By Aramid (2020-2028) ($MN)
123 Middle East & Africa Advanced Composites Market Outlook, By Other Product Types (2020-2028) ($MN)
124 Middle East & Africa Advanced Composites Market Outlook, By Resin Type (2020-2028) ($MN)
125 Middle East & Africa Advanced Composites Market Outlook, By Thermoplastic (2020-2028) ($MN)
126 Middle East & Africa Advanced Composites Market Outlook, By Thermosetting (2020-2028) ($MN)
127 Middle East & Africa Advanced Composites Market Outlook, By Manufacturing Process (2020-2028) ($MN)
128 Middle East & Africa Advanced Composites Market Outlook, By Automated Fiber Placement (AFP) (2020-2028) ($MN)
129 Middle East & Africa Advanced Composites Market Outlook, By Automated Tape Laying (ATL) (2020-2028) ($MN)
130 Middle East & Africa Advanced Composites Market Outlook, By Resin Transfer Molding (RTM) (2020-2028) ($MN)
131 Middle East & Africa Advanced Composites Market Outlook, By Filament Winding, Pultrusion (2020-2028) ($MN)
132 Middle East & Africa Advanced Composites Market Outlook, By Compression Molding (2020-2028) ($MN)
133 Middle East & Africa Advanced Composites Market Outlook, By Injection Molding (2020-2028) ($MN)
134 Middle East & Africa Advanced Composites Market Outlook, By End User (2020-2028) ($MN)
135 Middle East & Africa Advanced Composites Market Outlook, By Automotive (2020-2028) ($MN)
136 Middle East & Africa Advanced Composites Market Outlook, By Civil Engineering (2020-2028) ($MN)
137 Middle East & Africa Advanced Composites Market Outlook, By Energy & Power (2020-2028) ($MN)
138 Middle East & Africa Advanced Composites Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
139 Middle East & Africa Advanced Composites Market Outlook, By Electrical & Electronics (2020-2028) ($MN)
140 Middle East & Africa Advanced Composites Market Outlook, By Healthcare (2020-2028) ($MN)
141 Middle East & Africa Advanced Composites Market Outlook, By Other End Users (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
