Global Epoxy Composite Market

Global Epoxy Composite Market Size, Trends & Analysis with COVID-19 Impact - Forecasts To 2026 By Fiber Type (Glass Fiber, Carbon Fiber, Other Fibers), By End-Use Industry (Wind Energy, Aerospace & Defense, Automotive & Transportation, Sporting Goods, Electrical & Electronics, Pipe & Tank, Marine, Others), By Manufacturing Process (Molding Process, Layup Process, Resin Injection Molding Process, Resin Transfer Molding Process, Filament Winding Process, Pultrusion Process), By Region (North America, Europe, Asia Pacific and Rest of the World); and Company Market Share Analysis & Competitor Analysis

Category Chemicals & Advanced Material

Format

This report was recently updated on April 12 2024 with the latest and most recent market numbers

Epoxy Composite Market: Insights

The global epoxy composite market will register a high CAGR over the projected period from 2020 to 2026. Epoxy is a very well-known thermoset resin that is used due to its corrosion resistance, supreme mechanical and electrical properties, and lower shrinkage properties in various forms of plastic components as well as concrete frameworks and fixes. Some of the major factors projected to drive the growth of the epoxy composites industry are the growing demand for lightweight materials in the automotive, and air space industries, along with the rising adoption of cheap production technologies. Moreover, the demand for epoxy composites in the automotive industry is anticipated to push due to the technological developments to minimize production cycle time. The growing use of epoxy composites of carbon fiber as a replacement for different metal parts, thus propelling the market for epoxy composites. However, price fluctuations of raw materials and issues associated with mouldability and recyclability are some of the significant factors which are likely to impede market growth during the forecast timeframe.

Global Epoxy Composite Market Size – Forecasts to 2026

Epoxy Composite Market: By Fiber Type

Based on the study of fiber type, this market can be divided into three segments namely; carbon fiber, glass fiber, and other fibers. Amongst all the fiber types, glass fiber will hold the largest market share in terms of volume and revenue. As compared to other materials, this is attributed to characteristics such as low weight, sophisticated manufacturing adaptability, high toughness, and high bulk strength. In several end-use industries, such as wind energy, electrical and electronics, and automotive industries, epoxy composites are increasingly used. Furthermore, the carbon fiber aspect will lead to the strongest growth rate in terms of value over the projected timeframe. The composite of carbon fiber epoxy is very light in weight and also has outstanding structural strength, durability, rigidity, and excellent properties of tensile strength.

Epoxy Composite Market: By End-Use Industry

Based on the study of end-user, the market is broken into wind energy, aerospace & defense, automotive & transportation, sporting goods, electrical & electronics, pipe & tank, marine, among others. The wind energy aspect will lead to the strongest growth rate in terms of value over the projected timeframe. This is attributed to the increased demand for wind turbine epoxy composites that provide extended life of the product and efficiency. Furthermore, automotive & transportation will be the fastest-growing segment to hold the biggest market shares in terms of revenue over the projected timeframe. Epoxy composite is only found in high-end applications in the automobile & transport industry, such as luxury vehicles. This is attributed to strength, durability, and weights are influencing business growth.

Epoxy Composite Market

Epoxy Composite Market: By Region

The largest revenue supporter in the market is the Asia-Pacific region over the projected timeline. The increased growth in the transportation, and construction sector coupled with the growing expansion of the wind energy sector in developing countries including China and India are influencing the market in the APAC. Moreover, the increasing spending on research & development activities would have an impact on the APAC region's business growth. Furthermore, North America is projected to be the fastest-growing region over the projected timeframe. The increasing demand for lightweight materials, such as epoxy composites, mainly in fuel-efficient vehicle designs, is expected to push the product demand due to the introduction of strict environmental regulations.

Epoxy Composite Market Share & Competitor Analysis

The companies involved in developing epoxy composite are Mitsubishi Rayon Co., Ltd., Cytec Solvay Group, ATL Composites, Gordon Composites, Hexcel Corporation, IDI Composites, Teijin Limited, Gurit Holding AG, SGL Group, Axiom Materials, Park Electrochemical Corporation, Myko Engineering, Isosport, Rotec Composite Group B.V., Royal Tencate N.V., Kemrock Industries and Exports Limited, Hindoostan Composite Solutions, Toray Industries Inc., Sumitomo Bakelite Co., Ltd., and Barrday, among others.

Please note: This is not an exhaustive list of companies profiled in the report.

Check the Press Release on Global Epoxy Composite Market Report

Epoxy Composite Market: By Fiber Type

Introduction
1. Epoxy Composite Market, By Fiber Type, 2020-2026 (USD Million)
Glass Fiber
1. Glass Fiber: Epoxy Composite Market, 2020-2026 (USD Million)
Carbon Fiber
1. Carbon Fiber: Epoxy Composite Market, 2020-2026 (USD Million)
Other Fibers
1. Other Fibers: Epoxy Composite Market, 2020-2026 (USD Million)

Epoxy Composite Market: By Manufacturing Process

Introduction
1. Epoxy Composite Market, By Manufacturing Process, 2020-2026 (USD Million)
Layup Process
1. Layup Process: Epoxy Composite Market, 2020-2026 (USD Million)
Compression Molding Process
1. Compression Molding Process: Epoxy Composite Market, 2020-2026 (USD Million)
Resin Injection Molding Process
1. Resin Injection Molding Process: Epoxy Composite Market, 2020-2026 (USD Million)
Resin Transfer Molding Process
1. Resin Transfer Molding Process: Epoxy Composite Market, 2020-2026 (USD Million)
Filament Winding Process
1. Filament Winding Process: Epoxy Composite Market, 2020-2026 (USD Million)

Epoxy Composite Market: By End-Use Industry

Introduction
1. Epoxy Composite Market, By End-Use Industry, 2020-2026 (USD Million)
Wind Energy
1. Wind Energy: Epoxy Composite Market, 2020-2026 (USD Million)
Aerospace & Defense
1. Aerospace & Defense: Epoxy Composite Market, 2020-2026 (USD Million)
Automotive & Transportation
1. Automotive & Transportation: Epoxy Composite Market, 2020-2026 (USD Million)
Sporting Goods
1. Sporting Goods: Epoxy Composite Market, 2020-2026 (USD Million)
Electrical & Electronics
1. Electrical & Electronics: Epoxy Composite Market, 2020-2026 (USD Million)
Pipe & Tank
1. Pipe & Tank: Epoxy Composite Market, 2020-2026 (USD Million)
Marine
1. Marine: Epoxy Composite Market, 2020-2026 (USD Million)
Others
1. Others: Epoxy Composite Market, 2020-2026 (USD Million)

Epoxy Composite Market: By Region

Introduction
1. Global Epoxy Composite Market, Regional Analysis, 2020-2026(USD Million)
North America
1. North America Epoxy Composite Market, Regional Analysis, 2020-2026(USD Million)
  1. By Fiber Type
    1. North America Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
  2. By Manufacturing Process
    1. North America Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
  3. By End-Use Industry
    1. North America Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
  4. By Country
    1. U.S
      1. By Fiber Type
        
        U.S. Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        U.S. Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        U.S. Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
    2. Canada.
      1. By Fiber Type
        
        Canada Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        Canada Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        Canada Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
    3. Mexico
      1. By Fiber Type
        
        Mexico Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        Mexico Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        Mexico Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
Europe
1. Europe Epoxy Composite Market, Regional Analysis, 2020-2026(USD Million)
  1. By Fiber Type
    1. Europe Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
  2. By Manufacturing Process
    1. Europe Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
  3. By End-Use Industry
    1. Europe Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
  4. By Country
    1. Germany
      1. By Fiber Type
        
        Germany Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        Germany Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        Germany Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
    2. UK
      1. By Fiber Type
        
        UK Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        UK Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        UK Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
    3. France
      1. By Fiber Type
        
        France Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        France Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        France Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
    4. Italy
      1. By Fiber Type
        
        Italy Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        Italy Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        Italy Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
Asia Pacific
1. Asia Pacific Epoxy Composite Market, Regional Analysis, 2020-2026(USD Million)
  1. By Fiber Type
    1. Asia Pacific Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
  2. By Manufacturing Process
    1. Asia Pacific Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
  3. By End-Use Industry
    1. Asia Pacific Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
  4. By Country
    1. China
      1. By Fiber Type
        
        China Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        China Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        China Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
    2. Japan
      1. By Fiber Type
        
        Japan Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        Japan Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        Japan Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
    3. India
      1. By Fiber Type
        
        India Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        India Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        India Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
    4. South Korea
      1. By Fiber Type
        
        South Korea Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        South Korea Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        South Korea Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
    5. Rest Of Apac
      1. By Fiber Type
        
        Rest Of Apac, Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        Rest Of Apac Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        Rest Of Apac Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
Central & South America
1. Central & South America Epoxy Composite Market, Regional Analysis, 2020-2026(USD Million)
  1. By Fiber Type
    1. Central & South America Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
  2. By Manufacturing Process
    1. Central & South America Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
  3. By End-Use Industry
    1. Central & South America Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
  4. By Country
    1. Brazil
      1. By Fiber Type
        
        Brazil Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        Brazil Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        Brazil Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
Middle East & Africa
1. Middle East & Africa Epoxy Composite Market, Regional Analysis, 2020-2026(USD Million)
  1. By Fiber Type
    1. Middle East & Africa Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
  2. By Manufacturing Process
    1. Middle East & Africa Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
  3. By End-Use Industry
    1. Middle East & Africa Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
  4. By Country
    1. Saudi Arabia
      1. By Fiber Type
        
        Saudi Arabia Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        Saudi Arabia Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        Saudi Arabia Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)
    2. UAE
      1. By Fiber Type
        
        UAE Epoxy Composite Market, By Fiber Type, 2020-2026(USD Million)
      2. By Manufacturing Process
        
        UAE Epoxy Composite Market, By Manufacturing Process, 2020-2026(USD Million)
      3. By End-Use Industry
        
        UAE Epoxy Composite Market, By End-Use Industry, 2020-2026(USD Million)

The Global Epoxy Composite Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Epoxy Composite Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Epoxy Composite Market.

Epoxy Composite Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Epoxy Composite Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Epoxy Composite Market