Jun 3, 2020   SOURCE: BusinessWire

Insights on the Worldwide Marine Composites Industry to 2026 - Featuring Toray Industries, Mitsubishi Rayon & Hexcel Among Others - ResearchAndMarkets.com

The "Global Marine Composites Market By Composite Type (Metal Matrix Composites, Ceramic Matrix Composites, Polymer Matrix Composites), By Application (Power Boats, Sailboats, Cruise Ships, Others), By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Marine Composites Market was valued around USD 4 billion until 2019 and is expected to grow at a formidable rate of around 6% during the forecast period. The Global Marine Composites Market is driven by the surging requirement for lightweight boats. Moreover, surging technological innovations so that overall time of production cycle can be reduced, which is anticipated to positively impact the growth of the market during the forecast years. Also, increase in need for corrosion resistance parts in building ships is further expected to bolster the growth of the market over the next few years.

The Global Marine Composites Market is segmented based on composite type, application, company and region. Based on composite type, the market can be categorized into metal matrix composites, ceramic matrix composites and polymer matrix composites. The polymer matrix composites segment dominated the market until 2019 in terms of largest revenue and is expected to maintain its leading position during the forecast period as well. This can be ascribed to its large-scale applications in the marine industry as this polymer matrix composite exhibits excellent properties. In addition to this, polymer matrix composite provides additional benefits such as corrosion resistance, lightweight and impact resistance, which is thereby boosting the growth of the segment during the forecast years.

Companies Mentioned

  • Toray Industries Inc.
  • Mitsubishi Rayon Co. Ltd.
  • Hexcel Corporation
  • Owens Corning
  • Cytec Solvay Group
  • E. I. Du Pont De Nemours and Company
  • Gurit Holding
  • SGL Group
  • Teijin Limited
  • Hyosung
  • Zoltek Companies Inc.
  • Tatneft Alabuga Fiberglass
  • Premier Composite Technologies
  • Advanced Custom Manufacturing
  • Aeromarine Industries Ltd.
  • Airborne
  • GMS Composites
  • Composites One
  • Hexion
  • Marine Concepts

Objective of the Study:

  • To analyze and estimate the market size of the Global Marine Composites Market from 2015 to 2018.
  • To estimate and forecast the market size of the Global Marine Composites Market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast the Global Marine Composites Market based on composite type, application, company and regional distribution.
  • To identify dominant region or segment in the Global Marine Composites Market.
  • To identify drivers and challenges for the Global Marine Composites Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Marine Composites Market.
  • To conduct pricing analysis for the Global Marine Composites Market.
  • To identify and analyze the profile of leading players operating in the Global Marine Composites Market.
  • To identify key sustainable strategies adopted by market players in the Global Marine Composites Market.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Marine Composites Market

4. Executive Summary

5. Voice of Customer

5.1. Product Awareness

5.2. Customer Satisfaction Analysis

5.3. Unmet Needs/Challenges

6. Global Marine Composites Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Composite Type (Metal Matrix Composites, Ceramic Matrix Composites, Polymer Matrix Composites)

6.2.1.1. By Polymer Matrix Composites (Glass Fiber Marine Composites, Carbon Fiber Marine Composites, Others)

6.2.2. By Application (Power Boats, Sailboats, Cruise Ships, Others)

6.2.3. By Company (2019)

6.2.4. By Region

6.3. Market Attractiveness Index

7. Asia-Pacific Marine Composites Market Outlook

7.1. Market Size & Forecast

7.2. Market Share & Forecast

7.3. Asia-Pacific: Country Analysis

8. Europe Marine Composites Market Outlook

8.1. Market Size & Forecast

8.2. Market Share & Forecast

8.3. Europe: Country Analysis

9. North America Marine Composites Market Outlook

9.1. Market Size & Forecast

9.2. Market Share & Forecast

9.3. North America: Country Analysis

10. South America Marine Composites Market Outlook

10.1. Market Size & Forecast

10.2. Market Share & Forecast

10.3. South America: Country Analysis

11. Middle East and Africa Marine Composites Market Outlook

11.1. Market Size & Forecast

11.2. Market Share & Forecast

11.3. MEA: Country Analysis

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

15. Strategic Recommendations

16. About Us & Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/5kcn4o