MRO Magazine

Global Composites Market Worth USD 105.26 Billion by 2021 – Analysis, Technologies & Forecasts Report 2016-2021 – Key Vendors: Hexcel, Huntsman, PPG Industries – Research and Markets

May 25, 2016
By Business Wire News


Research and Markets has announced the addition of the “Composites Market by Type (Carbon Fiber Composites, Glass Fiber Composites and Others), Resin Type (Thermoplastic Composites and Thermosetting Composites), Manufacturing Process, Application and by Region – Global Trends and Forecasts to 2021” report to their offering.

The global market for composites is estimated to grow from USD 69.50 Billion in 2015 to USD 105.26 Billion by 2021, at a CAGR of 7.04% between 2016 and 2021. The global market for composites marked a strong growth in the past few years due to its high demand from the aerospace & defense and transportation applications. Composites provide high strength-to-weight ratio, heat resistance, and are lightweight, which increase fuel efficiency in vehicles and give structural stability to aircrafts.

The research methodology used to estimate and forecast the composites market began with capturing data on key company revenues and raw material costs through secondary research. The product offerings were taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of composites from the revenue of key players in the market.

Companies Mentioned:

  • Chongqing Polycomp International Corporation
  • Compagnie De Saint-Gobain
  • Cytec Industries (Solvay S.A.)
  • E. I. Du Pont Nemours & Co.
  • Hexcel Corporation
  • Huntsman Corporation
  • Jushi Group Co. Ltd.
  • Momentive Performance Materials, Inc.
  • Owens Corning
  • PPG Industries Inc.
  • SGL Group
  • Teijin Limited
  • Toray Industries
  • Weyerhaeuser Company

Report Structure:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Macro Economic Overview and Key Trends

8 Composites Market, By Fiber Type

9 Composites Market, By Resin Type

10 Composites Market, By Manufacturing Process

11 Composites Market, By Application

12 Composites Market, By Region

13 Competitive Landscape

14 Company Profiles

15 Appendix

For more information visit

Research and Markets
Laura Wood, Senior Manager
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