Transportation Composites Market
Transportation Composites Market Forecasts to 2030 - Global Analysis By Material Type (Aramid Fiber, Glass Fiber, Natural Fiber and Carbon Fiber Composite), Vehicle Type (Passenger Cars, Commercial Vehicles, Threshers and Other Vehicle Types), Resin, Application, End User and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $49.8 BN |
|
Projected Year Value (2030) |
US $128 BN |
|
CAGR (2023 - 2030) |
14.5% |
|
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 |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Transportation Composites Market is accounted for $49.8 billion in 2023 and is expected to reach $128 billion by 2030 growing at a CAGR of 14.5% during the forecast period. Transportation composites are advanced materials used in the construction of vehicles, such as cars, airplanes, and trains. These composites are typically made by combining two or more constituent materials to create a new material with enhanced properties. Due to their lightweight nature and durability, transportation composites play a crucial role in reducing the overall weight of vehicles, thereby contributing to improved performance, energy efficiency, and environmental sustainability in the transportation sector.
According to the Bureau of Transportation Statistics, a US-based government agency, US airlines carried 194 million more passengers in 2022 than in 2021, a 30% increase year on year.
Market Dynamics:
Driver:
Light weighting initiatives
By reducing the weight of vehicles and transportation structures, light weighting initiatives aim to improve fuel economy, reduce emissions, and enhance overall performance. Transportation composites play a crucial role in light-weighting strategies due to their exceptional strength-to-weight ratio and versatility. Additionally, light-weighting initiatives are driven by stringent emissions standards and fuel economy regulations imposed by governments worldwide. Overall, light weighting initiatives serve as a significant driver in the transportation composites market, driving market growth.
Restraint:
High initial investment
The initial investment required for developing and implementing composite solutions in transportation applications can be substantial, encompassing expenses related to research and development and specialized training. Composite materials often command higher prices compared to traditional materials like steel or aluminum, primarily due to the complexity of manufacturing processes and the cost of raw materials such as carbon fibers and resins. Additionally, the specialized machinery and infrastructure needed for composite fabrication further contribute to the initial capital outlay.
Opportunity:
Technological advancements
Advancements in manufacturing processes play a crucial role in making transportation composites more efficient to produce. Technologies such as automated layup systems, additive manufacturing (3D printing), and out-of-autoclave processing techniques streamline production processes and reduce cycle times. Additionally, advances in design engineering, aided by computer-aided design (CAD) and simulation tools, enable optimized structural designs that maximize the benefits of composite materials while meeting performance requirements and regulatory standards. These factors accelerate market demand.
Threat:
Recycling and disposal challenges
Recycling and disposal challenges present a significant restraint in the transportation composites market, stemming from the complex nature of composite materials. Transportation composites often consist of multiple layers or types of materials, making them difficult to separate and recycle effectively. The composite manufacturing process typically involves resins and other additives that can complicate recycling efforts. Furthermore, regulatory frameworks and policies related to waste management and environmental protection may impose additional hurdles for the recycling and disposal of transportation composites. which hamper market expansion.
Covid-19 Impact
The COVID-19 pandemic had a significant impact on the transportation composites market. Initially, the pandemic caused widespread disruptions in manufacturing operations and supply chains, leading to delays in production, reduced demand, and logistical challenges. However, the pandemic also underscored the importance of light weighting and fuel efficiency in the transportation industry as companies sought to adapt to changing consumer preferences and regulatory requirements. This could potentially drive continued interest and investment in transportation composites.
The carbon fiber composite segment is expected to be the largest during the forecast period
The carbon fiber composite segment is estimated to hold the largest share due to their lightweight, high-strength solutions that contribute to improved performance, fuel efficiency, and sustainability. Composed of carbon fibers embedded in a polymer matrix, carbon fiber composites boast exceptional properties such as high tensile strength, stiffness, and corrosion resistance while being significantly lighter than traditional materials like steel or aluminum. Carbon fiber composites find extensive applications across various modes of transportation, including automotive, aerospace, marine, and rail.
The interior segment is expected to have the highest CAGR during the forecast period
The interior segment is anticipated to have lucrative growth during the forecast period. Composites play a crucial role in interior applications due to their versatility, lightweight nature, and ability to be moulded into complex shapes. In automotive interiors, composites are utilized in various components, such as dashboard panels, door panels, center consoles, and seating structures. As a result, interior applications represent a significant segment of the transportation composites market.
Region with largest share:
North America commanded the largest market share during the extrapolated period. In the aerospace sector, North American companies are at the forefront of developing advanced composite materials for aircraft manufacturing. These materials offer significant weight savings, enabling aircraft to achieve better fuel economy, increased payload capacity, and enhanced durability. Moreover, the marine industry in the region utilizes composites for building lightweight and corrosion-resistant vessels, such as boats and yachts, catering to recreational and commercial markets.
Region with highest CAGR:
Asia Pacific is expected to witness profitable growth over the projection period, due to its burgeoning automotive and aerospace industries, rapid urbanization, and increasing infrastructure investments. Moreover, the region's commitment to sustainability and stringent regulations promoting lightweight materials drive the demand for transportation composites. Overall, the Asia Pacific region presents substantial opportunities for the transportation composites market, driven by expanding industries, infrastructure development, environmental concerns, and regulatory support.
Key players in the market
Some of the key players in the Transportation Composites Market include Gurit Holding AG, Mitsubishi Chemical Holding, Toray Industries Inc., Teijin Limited, SGL Carbon SE, Solvay Group, UFP Technologies, Inc., E.I. du Pont de Nemours & Co, Plasan Carbon Composites, Inc., Liberty Advanced Composites Ltd. and Saertex GmbH & Co. KG.
Key Developments:
In May 2023, Toray Industries, Inc., announced that it has signed a four-year global partnership agreement with star Japanese sprinter Abdul Hakim Sani Brown. Under this arrangement, he will receive support from Toray and appear in its advertisements while helping develop materials and taking part in its social contribution initiatives.
In April 2022, SAERTEX and Terre de Lin have launched collaboration for non-crimp fabrics with flax fibers for the marine and sports & leisure segments. The partnership of the two companies aims to combine SAERTEX´s expertise in reinforcement materials with the large capacity of one of the world´s biggest suppliers of sustainable flax fibers, Terre de Lin.
In June 2022, Mitsubishi Chemical Holdings Group is launching a corporate partnership program ""TANAMIN Digital Health Challenge - Creating hope for all facing illness"" to support startup companies in the digital health field, in collaboration with Plug and Play Japan
Material Types Covered:
• Aramid Fiber
• Glass Fiber
• Natural Fiber
• Carbon Fiber Composite
Vehicle Types Covered:
• Passenger Cars
• Commercial Vehicles
• Threshers
• Other Vehicle Types
Resins Covered:
• Thermoplastic
• Thermoset
Applications Covered:
• Exterior
• Interior
• Engine Components
• Other Applications
End Users Covered:
• Aerospace
• Automotive
• Marine Industry
• Railways
• 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 2021, 2022, 2023, 2026, and 2030
- 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 Application 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 Transportation Composites Market, By Material Type
5.1 Introduction
5.2 Aramid Fiber
5.3 Glass Fiber
5.4 Natural Fiber
5.5 Carbon Fiber Composite
6 Global Transportation Composites Market, By Vehicle Type
6.1 Introduction
6.2 Passenger Cars
6.3 Commercial Vehicles
6.3.1 Straight Trucks
6.3.2 Fire Trucks
6.3.3 Dump Trucks
6.4 Threshers
6.5 Other Vehicle Types
7 Global Transportation Composites Market, By Resin
7.1 Introduction
7.2 Thermoplastic
7.3 Thermoset
8 Global Transportation Composites Market, By Application
8.1 Introduction
8.2 Exterior
8.3 Interior
8.4 Engine Components
8.5 Other Applications
9 Global Transportation Composites Market, By End User
9.1 Introduction
9.2 Aerospace
9.3 Automotive
9.4 Marine Industry
9.5 Railways
9.6 Other End Users
10 Global Transportation Composites Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Gurit Holding AG
12.2 Mitsubishi Chemical Holding
12.3 Toray Industries Inc.
12.4 Teijin Limited
12.5 SGL Carbon SE
12.6 Solvay Group
12.7 UFP Technologies, Inc.
12.8 E.I. du Pont de Nemours & Co
12.9 Plasan Carbon Composites, Inc.
12.10 Liberty Advanced Composites Ltd.
12.11 Saertex GmbH & Co. KG
List of Tables
1 Global Transportation Composites Market Outlook, By Region (2021-2030) ($MN)
2 Global Transportation Composites Market Outlook, By Material Type (2021-2030) ($MN)
3 Global Transportation Composites Market Outlook, By Aramid Fiber (2021-2030) ($MN)
4 Global Transportation Composites Market Outlook, By Glass Fiber (2021-2030) ($MN)
5 Global Transportation Composites Market Outlook, By Natural Fiber (2021-2030) ($MN)
6 Global Transportation Composites Market Outlook, By Carbon Fiber Composite (2021-2030) ($MN)
7 Global Transportation Composites Market Outlook, By Vehicle Type (2021-2030) ($MN)
8 Global Transportation Composites Market Outlook, By Passenger Cars (2021-2030) ($MN)
9 Global Transportation Composites Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
10 Global Transportation Composites Market Outlook, By Straight Trucks (2021-2030) ($MN)
11 Global Transportation Composites Market Outlook, By Fire Trucks (2021-2030) ($MN)
12 Global Transportation Composites Market Outlook, By Dump Trucks (2021-2030) ($MN)
13 Global Transportation Composites Market Outlook, By Threshers (2021-2030) ($MN)
14 Global Transportation Composites Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
15 Global Transportation Composites Market Outlook, By Resin (2021-2030) ($MN)
16 Global Transportation Composites Market Outlook, By Thermoplastic (2021-2030) ($MN)
17 Global Transportation Composites Market Outlook, By Thermoset (2021-2030) ($MN)
18 Global Transportation Composites Market Outlook, By Application (2021-2030) ($MN)
19 Global Transportation Composites Market Outlook, By Exterior (2021-2030) ($MN)
20 Global Transportation Composites Market Outlook, By Interior (2021-2030) ($MN)
21 Global Transportation Composites Market Outlook, By Engine Components (2021-2030) ($MN)
22 Global Transportation Composites Market Outlook, By Other Applications (2021-2030) ($MN)
23 Global Transportation Composites Market Outlook, By End User (2021-2030) ($MN)
24 Global Transportation Composites Market Outlook, By Aerospace (2021-2030) ($MN)
25 Global Transportation Composites Market Outlook, By Automotive (2021-2030) ($MN)
26 Global Transportation Composites Market Outlook, By Marine Industry (2021-2030) ($MN)
27 Global Transportation Composites Market Outlook, By Railways (2021-2030) ($MN)
28 Global Transportation Composites Market Outlook, By Other End Users (2021-2030) ($MN)
29 North America Transportation Composites Market Outlook, By Country (2021-2030) ($MN)
30 North America Transportation Composites Market Outlook, By Material Type (2021-2030) ($MN)
31 North America Transportation Composites Market Outlook, By Aramid Fiber (2021-2030) ($MN)
32 North America Transportation Composites Market Outlook, By Glass Fiber (2021-2030) ($MN)
33 North America Transportation Composites Market Outlook, By Natural Fiber (2021-2030) ($MN)
34 North America Transportation Composites Market Outlook, By Carbon Fiber Composite (2021-2030) ($MN)
35 North America Transportation Composites Market Outlook, By Vehicle Type (2021-2030) ($MN)
36 North America Transportation Composites Market Outlook, By Passenger Cars (2021-2030) ($MN)
37 North America Transportation Composites Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
38 North America Transportation Composites Market Outlook, By Straight Trucks (2021-2030) ($MN)
39 North America Transportation Composites Market Outlook, By Fire Trucks (2021-2030) ($MN)
40 North America Transportation Composites Market Outlook, By Dump Trucks (2021-2030) ($MN)
41 North America Transportation Composites Market Outlook, By Threshers (2021-2030) ($MN)
42 North America Transportation Composites Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
43 North America Transportation Composites Market Outlook, By Resin (2021-2030) ($MN)
44 North America Transportation Composites Market Outlook, By Thermoplastic (2021-2030) ($MN)
45 North America Transportation Composites Market Outlook, By Thermoset (2021-2030) ($MN)
46 North America Transportation Composites Market Outlook, By Application (2021-2030) ($MN)
47 North America Transportation Composites Market Outlook, By Exterior (2021-2030) ($MN)
48 North America Transportation Composites Market Outlook, By Interior (2021-2030) ($MN)
49 North America Transportation Composites Market Outlook, By Engine Components (2021-2030) ($MN)
50 North America Transportation Composites Market Outlook, By Other Applications (2021-2030) ($MN)
51 North America Transportation Composites Market Outlook, By End User (2021-2030) ($MN)
52 North America Transportation Composites Market Outlook, By Aerospace (2021-2030) ($MN)
53 North America Transportation Composites Market Outlook, By Automotive (2021-2030) ($MN)
54 North America Transportation Composites Market Outlook, By Marine Industry (2021-2030) ($MN)
55 North America Transportation Composites Market Outlook, By Railways (2021-2030) ($MN)
56 North America Transportation Composites Market Outlook, By Other End Users (2021-2030) ($MN)
57 Europe Transportation Composites Market Outlook, By Country (2021-2030) ($MN)
58 Europe Transportation Composites Market Outlook, By Material Type (2021-2030) ($MN)
59 Europe Transportation Composites Market Outlook, By Aramid Fiber (2021-2030) ($MN)
60 Europe Transportation Composites Market Outlook, By Glass Fiber (2021-2030) ($MN)
61 Europe Transportation Composites Market Outlook, By Natural Fiber (2021-2030) ($MN)
62 Europe Transportation Composites Market Outlook, By Carbon Fiber Composite (2021-2030) ($MN)
63 Europe Transportation Composites Market Outlook, By Vehicle Type (2021-2030) ($MN)
64 Europe Transportation Composites Market Outlook, By Passenger Cars (2021-2030) ($MN)
65 Europe Transportation Composites Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
66 Europe Transportation Composites Market Outlook, By Straight Trucks (2021-2030) ($MN)
67 Europe Transportation Composites Market Outlook, By Fire Trucks (2021-2030) ($MN)
68 Europe Transportation Composites Market Outlook, By Dump Trucks (2021-2030) ($MN)
69 Europe Transportation Composites Market Outlook, By Threshers (2021-2030) ($MN)
70 Europe Transportation Composites Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
71 Europe Transportation Composites Market Outlook, By Resin (2021-2030) ($MN)
72 Europe Transportation Composites Market Outlook, By Thermoplastic (2021-2030) ($MN)
73 Europe Transportation Composites Market Outlook, By Thermoset (2021-2030) ($MN)
74 Europe Transportation Composites Market Outlook, By Application (2021-2030) ($MN)
75 Europe Transportation Composites Market Outlook, By Exterior (2021-2030) ($MN)
76 Europe Transportation Composites Market Outlook, By Interior (2021-2030) ($MN)
77 Europe Transportation Composites Market Outlook, By Engine Components (2021-2030) ($MN)
78 Europe Transportation Composites Market Outlook, By Other Applications (2021-2030) ($MN)
79 Europe Transportation Composites Market Outlook, By End User (2021-2030) ($MN)
80 Europe Transportation Composites Market Outlook, By Aerospace (2021-2030) ($MN)
81 Europe Transportation Composites Market Outlook, By Automotive (2021-2030) ($MN)
82 Europe Transportation Composites Market Outlook, By Marine Industry (2021-2030) ($MN)
83 Europe Transportation Composites Market Outlook, By Railways (2021-2030) ($MN)
84 Europe Transportation Composites Market Outlook, By Other End Users (2021-2030) ($MN)
85 Asia Pacific Transportation Composites Market Outlook, By Country (2021-2030) ($MN)
86 Asia Pacific Transportation Composites Market Outlook, By Material Type (2021-2030) ($MN)
87 Asia Pacific Transportation Composites Market Outlook, By Aramid Fiber (2021-2030) ($MN)
88 Asia Pacific Transportation Composites Market Outlook, By Glass Fiber (2021-2030) ($MN)
89 Asia Pacific Transportation Composites Market Outlook, By Natural Fiber (2021-2030) ($MN)
90 Asia Pacific Transportation Composites Market Outlook, By Carbon Fiber Composite (2021-2030) ($MN)
91 Asia Pacific Transportation Composites Market Outlook, By Vehicle Type (2021-2030) ($MN)
92 Asia Pacific Transportation Composites Market Outlook, By Passenger Cars (2021-2030) ($MN)
93 Asia Pacific Transportation Composites Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
94 Asia Pacific Transportation Composites Market Outlook, By Straight Trucks (2021-2030) ($MN)
95 Asia Pacific Transportation Composites Market Outlook, By Fire Trucks (2021-2030) ($MN)
96 Asia Pacific Transportation Composites Market Outlook, By Dump Trucks (2021-2030) ($MN)
97 Asia Pacific Transportation Composites Market Outlook, By Threshers (2021-2030) ($MN)
98 Asia Pacific Transportation Composites Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
99 Asia Pacific Transportation Composites Market Outlook, By Resin (2021-2030) ($MN)
100 Asia Pacific Transportation Composites Market Outlook, By Thermoplastic (2021-2030) ($MN)
101 Asia Pacific Transportation Composites Market Outlook, By Thermoset (2021-2030) ($MN)
102 Asia Pacific Transportation Composites Market Outlook, By Application (2021-2030) ($MN)
103 Asia Pacific Transportation Composites Market Outlook, By Exterior (2021-2030) ($MN)
104 Asia Pacific Transportation Composites Market Outlook, By Interior (2021-2030) ($MN)
105 Asia Pacific Transportation Composites Market Outlook, By Engine Components (2021-2030) ($MN)
106 Asia Pacific Transportation Composites Market Outlook, By Other Applications (2021-2030) ($MN)
107 Asia Pacific Transportation Composites Market Outlook, By End User (2021-2030) ($MN)
108 Asia Pacific Transportation Composites Market Outlook, By Aerospace (2021-2030) ($MN)
109 Asia Pacific Transportation Composites Market Outlook, By Automotive (2021-2030) ($MN)
110 Asia Pacific Transportation Composites Market Outlook, By Marine Industry (2021-2030) ($MN)
111 Asia Pacific Transportation Composites Market Outlook, By Railways (2021-2030) ($MN)
112 Asia Pacific Transportation Composites Market Outlook, By Other End Users (2021-2030) ($MN)
113 South America Transportation Composites Market Outlook, By Country (2021-2030) ($MN)
114 South America Transportation Composites Market Outlook, By Material Type (2021-2030) ($MN)
115 South America Transportation Composites Market Outlook, By Aramid Fiber (2021-2030) ($MN)
116 South America Transportation Composites Market Outlook, By Glass Fiber (2021-2030) ($MN)
117 South America Transportation Composites Market Outlook, By Natural Fiber (2021-2030) ($MN)
118 South America Transportation Composites Market Outlook, By Carbon Fiber Composite (2021-2030) ($MN)
119 South America Transportation Composites Market Outlook, By Vehicle Type (2021-2030) ($MN)
120 South America Transportation Composites Market Outlook, By Passenger Cars (2021-2030) ($MN)
121 South America Transportation Composites Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
122 South America Transportation Composites Market Outlook, By Straight Trucks (2021-2030) ($MN)
123 South America Transportation Composites Market Outlook, By Fire Trucks (2021-2030) ($MN)
124 South America Transportation Composites Market Outlook, By Dump Trucks (2021-2030) ($MN)
125 South America Transportation Composites Market Outlook, By Threshers (2021-2030) ($MN)
126 South America Transportation Composites Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
127 South America Transportation Composites Market Outlook, By Resin (2021-2030) ($MN)
128 South America Transportation Composites Market Outlook, By Thermoplastic (2021-2030) ($MN)
129 South America Transportation Composites Market Outlook, By Thermoset (2021-2030) ($MN)
130 South America Transportation Composites Market Outlook, By Application (2021-2030) ($MN)
131 South America Transportation Composites Market Outlook, By Exterior (2021-2030) ($MN)
132 South America Transportation Composites Market Outlook, By Interior (2021-2030) ($MN)
133 South America Transportation Composites Market Outlook, By Engine Components (2021-2030) ($MN)
134 South America Transportation Composites Market Outlook, By Other Applications (2021-2030) ($MN)
135 South America Transportation Composites Market Outlook, By End User (2021-2030) ($MN)
136 South America Transportation Composites Market Outlook, By Aerospace (2021-2030) ($MN)
137 South America Transportation Composites Market Outlook, By Automotive (2021-2030) ($MN)
138 South America Transportation Composites Market Outlook, By Marine Industry (2021-2030) ($MN)
139 South America Transportation Composites Market Outlook, By Railways (2021-2030) ($MN)
140 South America Transportation Composites Market Outlook, By Other End Users (2021-2030) ($MN)
141 Middle East & Africa Transportation Composites Market Outlook, By Country (2021-2030) ($MN)
142 Middle East & Africa Transportation Composites Market Outlook, By Material Type (2021-2030) ($MN)
143 Middle East & Africa Transportation Composites Market Outlook, By Aramid Fiber (2021-2030) ($MN)
144 Middle East & Africa Transportation Composites Market Outlook, By Glass Fiber (2021-2030) ($MN)
145 Middle East & Africa Transportation Composites Market Outlook, By Natural Fiber (2021-2030) ($MN)
146 Middle East & Africa Transportation Composites Market Outlook, By Carbon Fiber Composite (2021-2030) ($MN)
147 Middle East & Africa Transportation Composites Market Outlook, By Vehicle Type (2021-2030) ($MN)
148 Middle East & Africa Transportation Composites Market Outlook, By Passenger Cars (2021-2030) ($MN)
149 Middle East & Africa Transportation Composites Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
150 Middle East & Africa Transportation Composites Market Outlook, By Straight Trucks (2021-2030) ($MN)
151 Middle East & Africa Transportation Composites Market Outlook, By Fire Trucks (2021-2030) ($MN)
152 Middle East & Africa Transportation Composites Market Outlook, By Dump Trucks (2021-2030) ($MN)
153 Middle East & Africa Transportation Composites Market Outlook, By Threshers (2021-2030) ($MN)
154 Middle East & Africa Transportation Composites Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
155 Middle East & Africa Transportation Composites Market Outlook, By Resin (2021-2030) ($MN)
156 Middle East & Africa Transportation Composites Market Outlook, By Thermoplastic (2021-2030) ($MN)
157 Middle East & Africa Transportation Composites Market Outlook, By Thermoset (2021-2030) ($MN)
158 Middle East & Africa Transportation Composites Market Outlook, By Application (2021-2030) ($MN)
159 Middle East & Africa Transportation Composites Market Outlook, By Exterior (2021-2030) ($MN)
160 Middle East & Africa Transportation Composites Market Outlook, By Interior (2021-2030) ($MN)
161 Middle East & Africa Transportation Composites Market Outlook, By Engine Components (2021-2030) ($MN)
162 Middle East & Africa Transportation Composites Market Outlook, By Other Applications (2021-2030) ($MN)
163 Middle East & Africa Transportation Composites Market Outlook, By End User (2021-2030) ($MN)
164 Middle East & Africa Transportation Composites Market Outlook, By Aerospace (2021-2030) ($MN)
165 Middle East & Africa Transportation Composites Market Outlook, By Automotive (2021-2030) ($MN)
166 Middle East & Africa Transportation Composites Market Outlook, By Marine Industry (2021-2030) ($MN)
167 Middle East & Africa Transportation Composites Market Outlook, By Railways (2021-2030) ($MN)
168 Middle East & Africa Transportation Composites Market Outlook, By Other End Users (2021-2030) ($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
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “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
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
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.
