Hybrid Composites Market Analysis

  • Report ID: 3890
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Hybrid Composites Market Analysis

Fibre (Carbon/Glass, Carbon/Aramid, Metal/Plastic, Wood/Plastic)

The carbon/glass category is poised to lead the market during the forecast period with about 49% share of the global hybrid composites market. Carbon/glass composites have better properties such as lightweight that help in reducing the weight of the wind blades and vehicles. In the production of hybrid composite laminates, carbon/glass and glass fiber-reinforced fabrics with an epoxy matrix are used. These composite materials offer a range of properties that increase demand in industry and beyond, e.g. reduced thermal expansion, strong rigidity, tolerance to temperatures up to 1 500 C, chemical resistance values higher than 700 C as well as lower weight. With significantly less expense than if they had utilized carbon fiber, users can achieve up to 85 to 90% of the benefits of carbon.

End-Use (Automotive & Transportation, Construction, Wind Energy, Marine, Aerospace & Defence, Sporting Goods)

The automotive & transportation industry is expected to garner the largest market share. In the automotive sector, the usage of hybrid composites has made high-performance and luxury affordable. Hybrid composites' improved cost and performance attributes are anticipated to fuel demand in the automotive and transportation end-use sectors.

Our in-depth analysis of the global market includes the following segments:

     Fiber

  • Carbon/Glass
  • Carbon/Aramid
  • Metal/Plastic
  • Wood/Plastic

     End-User

  • Automotive & Transportation
  • Construction
  • Wind Energy
  • Marine
  • Aerospace & Defense
  • Sporting Goods
  • Railways

     Resin Type

  • Thermoset
  • Thermoplastic
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 3890
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hybrid composites is evaluated at USD 13.62 billion.

The hybrid composites market size was over USD 12.06 billion in 2024 and is poised to exceed USD 84.92 billion by 2037, growing at over 16.2% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for lightweight materials, growing environmental concerns and technological advancements will boost the market growth.

Asia Pacific industry is estimated to account for largest revenue share of 34% by 2037, owing to extension of the manufacturing sector besides strong growth in automotive production in the region.

The major players in the market include General Electric, DSM N.V., QUANTUMETA, Hexcel Group, Gurit, Exel Composites, Solvay SA, PlastiComp, Inc., SGL group, PolyOne Corporation
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