Marine Composite Market

Marine Composite Market to Expand at a CAGR of 6.7 % from 2020 to 2026| TORAY INDUSTRIES, Hexcel Corporation, HYOSUNG, Gurit,etc.

Market Size – USD 3672.8 Million in 2018, Market Growth – CAGR of 6.7%, Market Trends – Product Launches and Research for Advanced Tech Developments


The Global Marine Composite Market research study takes a comprehensive approach towards studying the key trends influencing the growth of this sector. The report comprises data that offers an in-depth insight into the business sector. The research report focuses on the changes and progress in the business sphere due to the recent COVID-19 pandemic. A detailed outline of the Marine Composite market size is offered in the report with respect to the valuation and volume along with the market dynamics and scenario. The report also evaluates the latest market scenario and is updated with the latest changes in the economic scenario of the market due to the COVID-19 pandemic. The report evaluates the current market scenario along with the impact of the COVID-19 pandemic on the present and future scenarios.

Market Size – USD 3672.8 Million in 2018, Market Growth – CAGR of 6.7%, Market Trends – Product Launches and Research for Advanced Tech Developments

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The study offers valuable insights into the regional landscape of industry verticals, coupled with the established companies that have gained a substantial position in the industry.

Summary of the Global Marine Composite Market:

  • The report offers an in-depth analysis of the regional landscape
  • A comprehensive overview of the competitive landscape
  • A detailed outline of the market segmentation

Detailed Analysis of the Regional Segmentation:

The report analyses the regional market of this industry through extensive study. The global Marine Composite market has established its base in the key regions of the world. These key regions cover areas such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The report includes valuable insights pertaining to the industry shares and market position as per the market share occupied by these geographies. Additionally, the report also offers the upcoming growth opportunities and prospects for the key players of the industry in these key regions. It also offers the expected growth rate that the industry is anticipated to register over the forecast timeline.

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Competitive Landscape:

The Marine Composite market research report comprises of a comprehensive evaluation of the competitive landscape of the business sphere. It elaborates on the breakdown of the competitive scenario of the Marine Composite industry and offers key insights into the companies’ profiles, product portfolio, strategic alliances, expansion plans, and technological advancements and product developments.

According to the report, the competitive scenario sees engagement from the players such as Owens Corning, SGL Group – The Carbon Company, TORAY INDUSTRIES, INC., Cytec Solvay Group, Mitsubishi Chemical Corporation. TEIJIN LIMITED., Hexcel Corporation, HYOSUNG, Gurit (UK), ZOLTEK, Premier Composite Technologies (PCT), Aeromarine Industries Ltd, Airborne, Composites One, Hexion, Marine Concepts / Design Concepts, Fleming Marine Composites.

The report offers insights into substantial information about the market share and market size held by the prominent players along with the information about production sites and manufacturing facilities. Moreover, it offers key insights about their production and manufacturing capacity, product offerings, expansion plans, application spectrum, and revenue contribution. It also offers insights into gross revenue, profit margin, market share, market size, supply and demand ratio, and import/export. Thorough SWOT analysis and Porter’s Five Forces analysis are performed for each player to garner insightful data about their market position and financial standings.

Outline of the Marine Composite Market Segmentation:

The Marine Composite industry is further segmented based on types, applications, end-user industries, and technologies, among others, to provide a better understanding of the Marine Composite industry.

Fiber type (Revenue, USD Million; 2016–2026)

  • Glass Fiber
  • Carbon Fiber
  • Aramid
  • Natural Fibers
  • Others

Resin Type (Revenue, USD Million; 2016–2026)

  • Polyester
  • Vinyl Ester
  • Epoxy
  • Thermoplastic
  • Phenolic
  • Acrylic
  • Others

Composite Type (Revenue, USD Million; 2016–2026)

  • Polymer Matrix Composite (PMC)
  • Ceramic Matrix Composite (CMC)
  • Metal Matrix Composite (MMC)
  • Other

Vessel Type (Revenue, USD Million; 2016–2026)

  • Power Boats
  • Sailboats
  • Cruise Ships
  • Cargo Vessels
  • Naval Boats
  • Jet Boats
  • Personal Watercraft
  • Others

The segmentation section covers detailed market share analysis for each product and application along with an accurate projection of the market growth during the forecast period. The report also explains in detail about the consumption rate of each product and application, along with an anticipated growth rate over the forecast period.

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Highlights of the TOC:

Chapter 1: Methodology & Scope

Chapter 2: Summary of the Marine Composite Market

Chapter 3: Insights into Marine Composite Industry

Chapter 4: Regional Analysis

Chapter 5: Company profiles

And Many More.

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