Fibers and Composites are one of the most important products in organic chemicals. We track the most important types of industrial fibers like carbon fibers and glass fibers. Apart from these, we also cover in our report markets like polymer fibers w ....see more
The wind blade recycling market is expected to grow from USD 68,235 thousand in 2024 to USD 3,70,935 thousand in 2029, at a CAGR of 40.3% during the forecast period. Prominent companies include Veolia (France), Acciona (Spain), Stena Metal AB (Sweden), Vestas (Denmark), Iberdrola, S.A. (Spain), Makeen Energy (Denmark), Kuusakoski OY (Finland), Renercycle (Spain), Continuum (Denmark), Holcim Group (Switzerland), Alliant Energy Corporation (US), Plaswire Ltd (Ireland), Goldwind (China), Chn Energy Investment Group (China), and Enel SpA (Italy), Gjenkraft AS (Norway), Kingo Wind (Denmark), Carbon River Inc (US), Global Fiberglass Solution (US), Wind Power Solutions, LLC (US), Refiber Aps (Denmark), Eurecum Gmbh & Co.Kg (Germany), Reviable Energy (US), EDF Group (France), Neowa Gmbh (Germany), and among others.
The ceramic fiber market is expected to grow from USD 2.3 billion in 2024 to USD 3.5 billion by 2029, at a CAGR of 8.6% during the forecast period. The key players profiled in the report include Morgan Advanced Materials plc. (UK), Alkegen (US), IBIDEN Co., Ltd. (Japan), NUTEC Incorporated (Mexico), HarbisonWalker International Inc. (US), Isolite Insulating Products Co. Ltd. (Japan), YESO INSULATING PRODUCTS COMPANY LIMITED (China), RATH Group (Austria), ZIRCAR Ceramics Inc. (US), and among others.
The CNG tanks market is expected to grow from USD USD 2.9 billion in 2024 to USD 4.3 billion by 2029, at a CAGR of 8.5% during the forecast period. Prominent companies include Worthington Enterprise (US), Luxfer Holding PLC (UK), Hexagon Composite ASA (Norway), Quantum Fuel Systems (US), Everest Kanto Cylinder (India), Beijing Tianhai Industry (China), Faber Industries SPA (Italy), CIMC Enric (China), Luxi New Energy Equipment Group (China), Sinocleansky (China), Timetechnoplast ltd (India), Rama Cylinders (India)
The nanocellulose market is expected to grow from USD 0.6 billion in 2024 to USD 3.4 billion by 2032, at a CAGR of 23.7% during the forecast period. The major players in the nanocellulose market include Fiberlean Technologies (UK), Borregaard (Norway), Nippon Paper Industries (Japan), Celluforce Inc. (Canada), Kruger Inc. (Canada), Stora Enso (Finland), RISE Innventia (Sweden), American Process Inc. (US), FPInnovations (Canada), and UPM (Finland).
The EV composites market is expected to grow from USD 2.3 billion in 2024 to USD 5.1 billion by 2029, at a CAGR of 17.1% during the forecast period. Prominent companies include Toray Industries, Inc. (Japan), Teijin Limited (Japan), Syensqo (Belgium), Piran Advanced Composites (UK), HRC (Hengrui Corporation) (China), Envalior (Germany), Exel Composites (Finland), Kautex Textron GmbH & Co. KG (Germany), SGL Carbon (Germany), POLYTEC HOLDING AG (Austria), Plastic Omnium (France), Röchling SE & Co. KG (Germany), Mar-Bal, Inc. (US), ElringKlinger AG (Germany), and Faurecia (France), The Gund Company (US), IDI Composites International (US), TRB Lightweight Structures (US), CIE Automotive India (India), ZhongAo Carbon (China), Atlas Fibre (US), Jiangsu Kangde Xin Composite Material (China), Euro Advanced Carbon Fiber Composites GmbH (US), Owens Corning (US) and among others.
The transportation composites market is expected to grow from USD 44.7 billion in 2024 to USD 81.4 billion by 2029, at a CAGR of 12.7% during the forecast period. The key players in the market are Hexcel Corporation (US), Mitsubishi Chemical Holdings Corporation (Japan), Owens Corning (US), Toray Industries Inc. (Japan), Teijin Limited (Japan), Syensqo S.A. (Belgium), Jushi Group Co. Ltd. (China), SGL Group (Germany), and Gurit Holding AG (Switzerland). These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the transportation composites market.
The milled carbon fiber market is expected to grow from USD 182 million in 2024 to USD 302 million by 2029, at a CAGR of 10.8% during the forecast period. Prominent companies include Toray Industries, Inc. (Japan), Mitsubishi Chemical Group Corporation (Japan), Teijin Limited (Japan), Daigas Group (Japan), Stanford Advanced Materials (US), Nippon Graphite Fiber Co., Ltd. (Japan), Easy Composites Ltd (UK), Haufler Composites GmbH & Co. KG (Germany), Procotex (Belgium), SGL Carbon (Germany), CLM-Pro (Croatia), R&G Faserverbundwerkstoffe GmbH (Germany), Nippon Polymer Sangyo Co., Ltd. (Japan), Tasuns Composite Technology Co., Ltd. (China), Nantong Yongtong Environmental Technology Co., Ltd. (China), Hebei Yayang Spodumene Co., Ltd. (China), K. SAKAI & Co., LTD. (Japan), Elley New Material Co., Ltd. (China), TIANJIN YUFENG CARBON CO., LTD. (China), CARBONFIBER.CZ (Czech Republic), Shenzhen Xiangu High-Tech. Co., Ltd. (China), Hangzhou Impact New Materials Co., Ltd. (China), China Beihai Fiberglass Co., Ltd. (China), among others.
The synthetic yarn market is expected to grow from USD 234.1 billion in 2024 to USD 300.5 billion by 2029, at a CAGR of 5.1% during the forecast period. Prominent companies in the synthetic yarn market include Kuraray Co., Ltd. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Corporation (Japan), DuPont (US), Toray Industries, Inc. (Japan), Zhejiang Hengyi Group Ltd. (China), Reliance industries Limited (India), Indorama Ventures Public company Limited (Thailand), Aksa Akrilik Kimya (Turkey), Lenzing Group (Austria), Eastman Chemical Company (US).
The ceramic matrix composite market is expected to grow from USD 12.0 billion in 2024 to USD 23.8 billion by 2031, at a CAGR of 10.3% during the forecast period. Prominent companies include General Electric (US), Rolls-Royce PLC (UK), SGL Carbon (Germany), Raytheon Technologies Corporation (US), Axiom Materials Inc. (US), CoorsTek Inc. (US), Lancer Systems (US), COIC (US), Applied Thin Films (US), Ultramet (US), CFC Carbon co., ltd. (China), among others.
The aerospace composites market is expected to grow from USD 29.1 billion in 2024 to USD 52.1 billion by 2029, at a CAGR of 12.3% during the forecast period. Prominent companies include Solvay (Belgium), Toray Industries, Inc. (Japan), Mitsubishi Chemical Group Corporation (Japan), Hexcel Corporation (US), Teijin Limited (Japan), SGL Carbon (Germany), Spirit AeroSystems (US), Materion Corporation (US), Lee Aerospace (US), General Dynamics Corporation (US), Absolute Composites (India), FDC Composites Inc. (Canada), Avior Produits Intégrés Inc. (Canada), Collins Aerospace (US), Aernnova Aerospace S.A (Spain) among others.
The steel fiber market is expected to grow from USD 1.96 billion in 2024 to USD 2.44 billion by 2029, at a CAGR of 4.5% during the forecast period. Prominent companies include Bekaert (Belgium), ArcelorMittal (Luxembourg), Nippon Seisen Co., Ltd. (Japan), Fibrometals (Romania), Sika AG (Switzerland), Jiangsu Shagang Group Co., Ltd.(China), Zhejiang Boen Metal Products Co., Ltd. (China), Green Steel Group (Italy), Spajic Doo (Serbia), Kosteel Co., Ltd. (South Korea), Severstal (Russia), Enviromesh Pty ltd. (Australia), Hunan Shuanxing Steel Fiber Co., Ltd. (China), and Kerakoll SPA (Italy) among others.
The rail composites market is expected to grow from USD 1.7 billion in 2023 to USD 2.4 billion by 2028, at a CAGR of 7.2% during the forecast period. Prominent companies in the rail composites market include Gurit Holdings AG (Switzerland), Hexcel Corporation (US), 3A Composites (Switzerland), Toray Industries, Inc. (Japan), Solvay (Belgium), Teijin Limited (Japan), Premier Composite Technologies (UAE), Dartford Composites Ltd. (UK), Exel Composites (Finland), Avient Corporation (US), Kineco Limited (India), BASF SE (Germany), AVIC Cabin Systems (UK), BFG International (Bahrain), and Reliance Industries Ltd. (India).
The core materials market is expected to grow from USD 1.6 billion in 2023 to USD 3.0 billion by 2028, at a CAGR of 13.5% during the forecast period. Prominent companies in the core material market include Gurit Holdings AG (Switzerland), Hexcel Corporation (US), 3A Composites (Switzerland), Evonik Industries AG (Germany), Armacell (Luxembourg), Diab Group (Sweden), The Gill Corporation (US), Euro Composites (Luxembourg), Changzhou Tiansheng New Materials Co., Ltd. (China), Plascore Inc. (US), and Toray Industries, Inc. (US).
The composites market is expected to grow from USD 108.8 USD billion in 2023 to USD 181.7 USD billion by 2028, at a CAGR of 10.8% during the forecast period. The key players in the market are Owens Corning (US), Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Holdings Corporation (Japan), Hexcel Corporation (US), SGL Group (Germany), Nippon Electric Glass Co. Ltd. (Japan), Huntsman International LLC. (US), and Solvay (Belgium), among many others.
The organosheet market is expected to grow from USD 0.6 billion in 2023 to USD 1.0 billion by 2028, at a CAGR of 12.0% during the forecast period. Prominent companies include Ensinger (Germany), Toray Industries Inc. (Japan), Johns Manville (US), Haufler Composites (Germany), SGL Carbon SE (Germany), Profol GmbH (Germany), Lanxess AG (Germany), Porcher Industries (Germany), Kingfa Science & Technology Co. Ltd. (China), Mitsubishi Chemical Group Corporation (Japan), Teijin Limited (Japan), Avient Corporation (US), Kordsa Teknik Tekstil A.S. (Turkiye), BUFA(Germany), SABIC (Saudi Arabia) among others.
The carbon & graphite felt market is expected to grow from USD 551 million in 2024 to USD 871 million by 2029, at a CAGR of 9.6% during the forecast period. Prominent companies in the carbon & graphite felt market include SGL Group (Germany), Toray Industries, Inc. (Japan), Kureha Corporation (Japan), Nippon Carbon Co., Ltd. (Japan), Morgan Advanced Materials Plc (UK), Beijing Great Wall Co., Ltd. (China), Mersen (France), Chemshine Carbon Co., Ltd. (China), CM Carbon Co., Ltd. (China), and Gansu Haoshi Carbon Fiber Co., Ltd (China).
The carbon fiber market is expected to grow from USD 7.1 billion in 2023 to USD 23.2 billion by 2033, at a CAGR of 12.6% during the forecast period. Prominent companies include Toray Industries Inc., (Japan), Teijin Limited (Japan), Mitsubishi Chemical Group Corporation (Japan), Hexcel Corporation (US), Solvay (Belgium), SGL Carbon (Germany), Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Co., Ltd. (China), Kureha Corporation (Japan), DowAksa (Turkey), Jilin Chemical Fiber Group Co., Ltd. (China), Jiangsu Hengshen Co., Ltd. (China), Anshan Sinoda Carbon Fibers Co., Ltd. (China), and China National Bluestar (Group) Co., Ltd. (China) among others.
The wood-plastic composites market is expected to grow from USD 7.5 billion in 2023 to USD 11.9 billion by 2028, at a CAGR of 9.8% during the forecast period. Prominent companies in the wood-plastic composites market include Trex Company, Inc., (US), MoistureShield (US), UFP Industries, Inc. (US), Fiberon (US), TimberTech (US), TAMKO Building Products LLC (US), Beologic (Belgium), FKuR Kunstsoff GmbH (Germany), JELU-WERK J. Ehrler GmbH & Co. KG (Germany), and Green Dot Bioplastics, Inc. (US).
The automotive carbon thermoplastic market is expected to grow from USD 522 million in 2023 to USD 983 million by 2028, at a CAGR of 13.5% during the forecast period. Prominent companies in the automotive carbon thermoplastic market include BASF SE (Germany), Solvay (Belgium), Avient Corporation (US), Celanese Corporation (US), Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Group Corporation (Japan), SGL Carbon (Germany), Asahi Kasei Corporation (Japan), CompLam Material Co., Ltd. (Taiwan), Ensinger (Germany), and Jiangsu QIYI Technology Co., Ltd. (China).
The CFRTP market is expected to grow from USD 8.9 billion in 2023 to USD 16.8 billion by 2028, at a CAGR of 13.5% during the forecast period. Prominent companies in the CFRTP market include Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Group Corporation (Japan), Solvay (Belgium), SGL Carbon (Germany), Avient Corporation (US), Celanese Corporation (US), Asahi Kasei Corporation (Japan), RTP Company (US), CompLam Material Co., Ltd. (Taiwan), Ensinger (Germany), and Jiangsu QIYI Technology Co., Ltd. (China).
The feminine hygiene products market is expected to grow from USD 24.6 billion in 2023 to USD 32.2 billion by 2028, at a CAGR of 5.5% during the forecast period. Johnson & Johnson (US), Procter & Gamble (US), Kimberly-Clark (US), Essity Aktiebolag (PUBL) (Sweden), Kao Corporation (Japan), Daio Paper Corporation (Japan), Unicharm Corporation (Japan), Premier FMCG (South Africa), Ontex (Belgium), Hengan International Group Company Ltd. (China), Drylock Technologies (Belgium), Natracare LLC (US), First Quality Enterprises, Inc. (US), Bingbing Paper Co., Ltd. (China), TZMO SA (Poland), Redcliffe Hygiene Private Limited (India), The Keeper, Inc. (US), Diva International Inc. (Canada), Tosama (Slovenia), Lambi (Mexico), Cotton High Tech - Cohitech (South Africa), Edgewell Personal Care (US), Bostik (Spain), Corman (Italy) and Seventh Generation (US), among others are the key players operating in the feminine hygiene products market.
The carbon fiber construction repair market is expected to grow from USD 119 million in 2023 to USD 192 million by 2028, at a CAGR of 10.0% during the forecast period. Prominent companies in the carbon fiber composite repair market include SIKA AG (Switzerland), Mapei SpA (Italy), Fosroc Inc. (UAE), Master Builders Solutions (Germany), Critica Infrastructure (US), AB-SCHOMBURG Yapi Kimyasallari A.S. (Turkey), Dowaksa (UAE), Dextra Group (Thailand), Rhino Carbon Fiber Reinforcement Products (US), Mitsubishi Chemical Corporation (Japan), Toray Industries Inc. (Japan), Simpson Strong-Tie Company Inc. (US), Antop Global Technology Co., Ltd. (China), Sireg Geotech S.r.l. (Italy), and Chomarat Group (US).
The basalt fiber market is expected to grow from USD 279 million in 2023 to USD 503 million by 2028, at a CAGR of 12.5% during the forecast period. Prominent companies in the basalt fiber market include Kamenny Vek (Russia), Zhejiang GBF Basalt Fiber Co. (China), JFE RockFiber Corp. (Japan), Mafic SA (Ireland), Technobasalt-Invest LLC (Ukraine), Russian Basalt (Russia), ISOMATEX SA (Belgium), INCOTELOGY GmbH (Germany), Sudaglass Basalt Fiber Technology (US), Shanxi Basalt Fiber Technology Co., Ltd (China), Mudanjiang Basalt Fiber Co. (China), among others.
The polyester fiber market is expected to grow from USD 102.2 billion in 2023 to USD 151.6 billion by 2028, at a CAGR of 8.2% during the forecast period. Prominent companies in the polyester fiber market include Zhejiang Hengyi Group Co., Ltd. (China), Reliance Industries Ltd. (India), Indorama Venture Public Company Ltd. (Thailand), Toray Industries Ltd. (Japan), Sinopec Yizheng Chemical Fiber Limited Liablity Company (China), Alpek S.A.B DE C.V. (Mexico), Diyou Fiber (M) Sdn Bhd (Malaysia), Bombay Dyeing (India), and Green Group SA (Romania).
The aramid fiber market is expected to grow from USD 4.7 billion in 2023 to USD 7.6 billion by 2028, at a CAGR of 9.9% during the forecast period. The key market players identified in the report Teijin Limited(Japan), DuPont de Numerous, Inc. (US), Yantai Tayho Advanced Materials Co., Ltd. (China), Hyosung Corporation (South Korea), Toray Industries, Inc. (Japan), Kolon Industries Inc. (South Korea), Huvis Corp. (South Korea), Kermel (France), China National Bluestar (Group) Co., Ltd. (China), and SRO Aramid (Jiangsu) Co. Ltd. (China).
The CNG, RNG, and hydrogen tanks market is expected to grow from USD 2.5 billion in 2022 to USD 5.6 billion by 2030, at a CAGR of 10.7% during the forecast period. Prominent companies in the CNG, RNG, and hydrogen tanks market include Worthington Industries, Inc. (US), Luxfer Group (UK), Hexagon Composites ASA (Norway), Quantum Fuel Systems LLC. (US), Everest Kanto Cylinders Ltd. (India), Praxair Technologies Inc. (US), Avanco Group (Germany), Xinyi Beijing Tianhai Industry Co. Ltd. (China), Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd. (China), and Faber Industrie SpA (Italy). These players have taken different organic and inorganic developmental strategies over the past five years.
The polymer blends & alloys market is expected to grow from USD 4.4 billion in 2022 to USD 6.6 billion by 2028, at a CAGR of 6.7% during the forecast period. Prominent companies include Covestro AG (Germany), BASF SE (Germany), Celanese Corporation (US), LG Chemical (South Korea), INEOS Styrolution Group GmbH (Germany), JSR Corporation (Japan), LyondellBasell Industries Holdings B.V. (US), Mitsubishi Engineering-Plastics Corporation (Japan), SABIC (Saudi Arabia), Daicel Corporation (Japan), Asahi Kasei Corporation (Japan), and CHIMEI (Taiwan), among others.
The thermoplastic tapes market is expected to grow from USD 2.7 billion in 2023 to USD 4.4 billion by 2028, at a CAGR of 10.5% during the forecast period. The major players in the thermoplastic tapes market are Toray Industries, Inc. (Japan), SABIC (Saudi Arabia), Mitsui Chemicals, Inc. (Japan), Evonik Industries AG (Germany), Hexcel Corporation (US), Teijin Limited (Japan), Arkema (Netherlands), and Solvay (Belgium), BASF SE (US), and SGL Carbon (Germany), among others.
The composite repair market is expected to grow from USD 18.6 billion in 2023 to USD 34.2 billion by 2028, at a CAGR of 13.0% during the forecast period. Some of the key players in the global composite repair market are such as Lufthansa Technik AG (Germany), Air France KLM E&M (France), and HAECO (U.S.), UpWind Solution (U.S.), Total Wind Group A/S (Denmark), and Technical Wind Services (Scotland), . Citadel Technologies (U.S.), Milliken Infrastructure (U.S.), and T.D. Williamson (U.S.), West Systems (U.S.) and WR composites (U.K.), Fibrwraps (U.S.) and Concrete Repairs Ltd. (U.K.).
The natural fiber composites market is expected to grow from USD 328 million for 2023 to USD 424 million by 2028, at a CAGR of 5.3% during the forecast period. The key players in the market include Procotex SA Corporation NV (Belgium), Polyvlies Franz Beyer GMBH & Co. KG (Germany), Tecnaro GmbH (Germany), FlexForm Technologies (US), Meshlin Composites Zrt (Hungary), GreenCore Composites Inc. (Canada), GreenGran B.V. (Netherlands), and Jelu-werk Josef Ehrler GmbH Co & Co. KG (Germany) and others. These manufacturers have been adapting different organic and inorganic developmental strategies over the past five years for their market growth.
The 3D printing high performance plastic market is expected to grow from USD 123 million in 2023 to USD 362 million by 2028, at a CAGR of 24.0% during the forecast period. Prominent companies in the 3D printing high performance plastics market include Arkema (France), 3D Systems, Inc. (US), Markforged (US), Stratasys (US), Evonik Industries AG (Germany), Oxford Performance Materials, Inc. (US), EOS GmbH (Germany), Solvay (Belgium), SABIC (Saudi Arabia), BASF SE (Germany), Impossible Objects (US), Apium Additive Technologies GmbH (Germany), Ensinger (Germany), Victrex plc (UK), and CRP Technology S.r.l. (Italy).
The CF & CFRP market is expected to grow from USD 29.7 billion in 2022 to USD 60.3 billion by 2028, at a CAGR of 12.7% during the forecast period. Major manufacturers in this market are based in Asia Pacific and Europe. Toray Industries Inc., (Japan), Teijin Limited (Japan), Mitsubishi Chemical Corporation (Japan), Hexcel Corporation (US), Solvay (Belgium), SGL Carbon (Germany), Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Co., Ltd. (China), Kureha Corporation (Japan), DowAksa (Turkey), Jilin Chemical Fiber Group Co., Ltd. (China) and Jiangsu Hengshen Co., Ltd. (China) are among a few leading players operating in the CF & CFRP market. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to expand their presence in the CF & CFRP market further.
The hydrogen tank material market is expected to grow from USD 953 million in 2022 to USD 3,988 million by 2030, at a CAGR of 22.7% during the forecast period. The key players in the market include Worthington Industries, Inc., (US), Luxfer Group (England), Hexagon Composites ASA (Norway), Quantum Fuel Systems LLC (US), Faber Industrie SPA (Italy), Everest Kanto Cylinders Ltd. (India), Avanco Group (Germany), Praxair Technologies, Inc. (US), and others. These manufacturers have been adapting different organic and inorganic developmental strategies over the past five years for their market growth.
The recycled carbon fiber market is expected to grow from USD 172 million in 2023 to USD 278 million by 2028, at a CAGR of 10.0% during the forecast period. The major players in recycled carbon fiber market are Toray Industries, Inc. (Japan), Alpha Recyclage Composites (France), Mitsubishi Chemical Group (Japan), Gen 2 Carbon Limited (UK), Carbon Conversions, Inc. (US), Carbon Fiber Recycling (US), Shocker Composites, LLC. (US), Procotex (Belgium), Carbon Fiber Remanufacturing (US), and CATACK-H (South Korea).
The glass mat market is expected to grow from USD 1.3 billion in 2022 to USD 2.2 billion by 2028, at a CAGR of 8.6% during the forecast period. The key players in the market include Owens Corning, (US), Chongqing Polycomp International Corporation (CPIC), (China), China Jushi Co., Ltd., (China), 3B-the Fibreglass Company, (Belgium), Saint-Gobain, (France), Nippon Electric Glass Co., Ltd., (Japan), China Beihai Fiberglass Co., Ltd, (China), Taiwan Glass Ind. Corp. (Taiwan), Superior Huntingdon Composites Co., LLC, (US), Jiangsu Changhai Composite materials Co., Ltd, (China). These manufacturers are adapting different organic and inorganic developmental strategies over the past five years for their market growth.
The fiberglass market is expected to grow from USD 27.7 billion in 2022 to USD 44.3 billion by 2028, at a CAGR of 7.3% during the forecast period. Major players operating in the fiberglass market China Jushi Co., Ltd. (China), Owens Corning (US), Chongqing Polycomp International Corp. (CPIC) (China), Nippon Electric Glass Co., Ltd. (Japan), are some of the market players.
The automotive composites market is expected to grow from USD 7.2 billion in 2022 to USD 14.3 billion by 2028, at a CAGR of 12.1% during the forecast period. The key players in the market include Toray Industries Inc. (Japan), SGL Carbon (Germany), Teijin Limited (Japan), Mitsubishi Chemical Holding Corporation (Japan), Owen Cornings (US), Hexcel Corporation (US), Solvay SA (Belgium), Gurit (Switzerland), UFP Technologies Ltd. (US), Huntsman Corporation (US), and Hexion (US). These manufacturers are adapting different organic and inorganic developmental strategies over the past five years for their market growth.
The armor materials market is expected to grow from USD 11.0 billion in 2021 to USD 16.1 billion by 2027, at a CAGR of 6.6% during the forecast period. The key players profiled in the report include DuPont De Nemours, Inc. (US), Teijin Limited (Japan), 3M Company (US), ATI, Inc. (US), and Honeywell International Inc. (US).
The composites in oil & gas industry market is expected to grow from USD 2.3 billion in 2022 to USD 3.4 billion by 2028, at a CAGR of 6.1% during the forecast period. Major players operating in the composites in oil & gas industry market Baker Hughes (US), NOV Inc. (US), SLB (Schlumberger N.V.) (US), Halliburton (US), Shawcor (Canada), are some of the market players.
The recycled materials for mobility applications market is expected to grow from USD 2.5 billion in 2022 to USD 3.9 billion by 2027, at a CAGR of 8.6% during the forecast period. The major players active in the market are Toray Industries, Inc., (Japan), Solvay (Belgium), Faurecia (France), Continental AG (Germany), Neste (Finland), Unifi, Inc. (US), Celanese Corporation (US), Custom Polymers, Inc. (US), Procotex (Belgium), Carbon Fiber Recycling (US), SGL Carbon (Germany), and Wellman Advanced Materials (US).
The long fiber thermoplastics market is expected to grow from USD 3.5 billion in 2022 to USD 6.1 billion by 2027, at a CAGR of 9.3% during the forecast period. The major players active in the market are Celanese Corporation (US), SABIC (Saudi Arabia), Lanxess AG (Germany), BASF SE (Germany), Mitsubishi Chemical Group Corporation (Japan), Avient Corporation (US), Daicel Polymer Ltd. (Japan), Asahi Kasei Corporation (Japan), RTP Company, Inc. (US), Solvay SA (Belgium) are some of the key players in the long fiber thermoplastics market., among many others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the long fiber thermoplastics market. These players have taken different organic and inorganic developmental strategies over the past five years.
The meta-aramid fiber market is expected to grow from USD 1.4 billion in 2022 to USD 2.3 billion by 2027, at a CAGR of 10.6% during the forecast period. The key market players profiled in the report include Teijin Ltd. (Japan), DuPont De Numerous, Inc. (US), Yantai Tayho Advanced Materials Co., Ltd. (China), Toray Industries, Inc. (Japan), Huvis Corporation (South Korea), Kermel (France), X-FIPER New Material Co., Ltd. (China), Aramid HPM, LLC (US), Shanghai J&S New Materials Co., Ltd. (China) and Lydall Industrial Filtration (UK).
The global carbon fiber prepreg market size is expected to grow from USD 9.7 billion in 2022 to USD 18.9 billion by 2027, at a CAGR of 14.2% during the forecast period. The market is growing due to its increasing demand from Aerospace & Defense, Automotive, Sports & Recreation, Wind Energy industries. Mitsubishi Chemical Carbon Fiber and Composites, Inc. (Japan), Solvay (Belgium), Teijin Limited (Japan), Toray Industries Inc. (Japan), Hexcel Corporation (US), Gurit Holding AG (Switzerland), SGL Carbon (Germany), Park Aerospace Corp. (US), and Axiom Materials, Inc. (US) are key players in the carbon fiber prepreg market.
The carbon fiber tape market is expected to grow from USD 2.4 billion in 2022 to USD 4.4 billion by 2027, at a CAGR of 13.0% during the forecast period. The key players in the market include Teijin Ltd. (Japan), Toray Industries, Inc (Japan), Hexcel Corporation (US), Mitsubishi Chemical Holdings (Japan), and SGL Group (Germany). These companies have adopted various organic and inorganic growth strategies such as agreements, acquisitions, expansions, and joint ventures to increase their global presence and enhance their position in the carbon fiber tape market.
The LNG storage tank market is expected to grow from USD 14.5 billion in 2022 to USD 20.8 billion by 2027, at a CAGR of 7.5% during the forecast period. The key players in the LNG storage tank market include Linde Plc (Ireland), McDermott International Inc. (US), Wartsila (Finland), IHI Corporation (Japan), Air Water Inc. (Japan), Cimc Enric (China), Chart Industries (US), Isisan A.S (Turkey), Cryolor (France), Inox (India), Carbon Energy Group (US), and TransTech Energy Llc. (US), and others. These players are adopting the strategies of new product launches, expansions, and agreements to maintain their competitive position in the LNG storage tank market.
The activated carbon fiber market is expected to grow from USD 232 million in 2022 to USD 350 million by 2027, at a CAGR of 8.5% during the forecast period. The major Players in cosmetic preservatives Market includes Toyobo Co., Ltd. (Japan), Kuraray Co., Ltd. (Japan), Unitika Ltd. (Japan), Gun Ei Chemical Industry Co., Ltd. (Japan), Evertech Envisafe Ecology Co., Ltd. (Taiwan), AWA Paper & Technology Company, Inc. (Japan), Taiwan Carbon Technology Co., Ltd. (Taiwan), Daigas Group (Japan), Auro Carbon & Chemicals (India), Hangzhou Nature Technology Co., Ltd. (China), Eurocarb Products Ltd. (UK), China Beihai Fiberglass Co., Ltd. (China), Bio-Medical Carbon Technology Co., Ltd. (Taiwan), CeraMaterials (US), and HPMS Graphite (US).
The polyisobutylene market is expected to grow from USD 2.9 billion in 2022 to USD 4.0 billion by 2027, at a CAGR of 6.8% during the forecast period. Lubrizol Corporation (US), BASF (Germany), TPC Group (US), Lanxess AG (Germany), Nizhnekamskneftekhim (Russia), Reliance Industries (India), Sibur (Russia), Exxon Mobil (US), INEOS (UK), and Daelim (South Korea), among others are the key players operating in the polyisobutylene market. These companies have adopted various organic and inorganic growth strategies such as agreements, acquisitions, expansions, and joint ventures to increase their global presence and enhance their position in the polyisobutylene market.
The FRP vessels market is expected to grow from USD 3.9 billion in 2022 to USD 5.7 billion by 2027, at a CAGR of 8.0% during the forecast period. Some of the key players in the global FRP Vesselsmarket are such as Hexagon Composites ASA (Norway), Luxfer Group (England), Worthington Industries, Inc. (US), Everest Kanto Cylinders Ltd. (India), Quantum Fuel Systems LLC. (US), Faber Industrie SpA (Italy), Avanco Group (Germany), Shawcor Ltd (US), NOV Inc. (US), and Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd. (China).
The eco fibers market is expected to grow from USD 52.0 billion in 2022 to USD 78.3 billion in 2027, at a CAGR of 8.5% during the forecast period. Major companies including Sateri (China), Grasim Industries Limited (India), Lenzing AG (Austria), Tangshan Sanyou Group Xingda Chemical Fibre Co., Ltd.(China), and Us Fibers (US) are important players in the market for eco fibers. Expansion, mergers, joint ventures, and the development of novel products are the primary strategies employed by the leading players to build the eco fibers market.
The ceramic armor market is expected to grow from USD 2.3 billion in 2022 to USD 3.5 billion by 2027, at a CAGR of 8.6% during the forecast period. The key players in the market include BAE Systems plc (UK), Koninklijke DSM N.V. (Netherlands), Morgan Advanced Materials (UK), Saint-Gobain (France), CoorsTek, Inc. (US), 3M Company (US), and CeramTec (Germany), among many others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the composites market. These players have taken different organic and inorganic developmental strategies over the past five years.