Hybrid Composites Market Segmentation:
Fibre Segment Analysis
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 Segment Analysis
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:
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