Hybrid Composites Market Strategies and Insight Driven Transformation 2020-2027

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Hybrid Composites Market To Reach USD 1.49
Billion By 2026
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Market Summary
The growth of the market is governed by various
factors such as growing demand from the
automotive industries and stringent government
regulations Market Size USD 0.49 Billion in
2018, Market Growth - CAGR of 14.8, Market
Trends-Emergence of hybrid composites for newer
application
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Our Approach
Market Summary

• The Hybrid Composites Market is expected to reach
  USD 1.49 Billion by 2026, according to a new
  report by Reports and Data. The Hybrid Composites
  Market is anticipated to show robust growth
  during the forecast period. The key factors
  driving the market are the ability to balance
  cost and performance characteristics which tend
  to stimulate the market globally.
• Hybrid composites are distinguished mainly from
  other fabrics based on specific technical
  functions that need particular performance
  characteristics such as high durability and
  stability and exceptional resistance to flames,
  heat, and chemical agents. The balance in cost
  and performance provided by the hybrid composites
  is a significant factor propelling this market.
• The durability of hybrid composites are dependent
  on the breakdown pressure of individual fibers.
  Most hybrid results are achieved when the fibers
  which are highly strain compatible. Hybrid
  composites provide more extensive opportunities
  to control material strength, stiffness, and
  cost. The growing demand for lightweight aircraft
  and vehicles across the globe due to stringent
  controls for environment protection by the
  European Chemicals Agency and the US
  Environmental Protection Agency is one of the
  fundamental factors supporting the growth of
  hybrid composites market.
• APAC is anticipated to witness the highest CAGR
  of 15.9 during the forecast period. This growth
  is due to the growing demand from wind energy,
  automotive transportation end-use enterprises.
  The ever increasing focus towards large
  automotive manufacturing is a critical factor
  leading to the growth of the market in this
  region.

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Our Approach
Market Summary

• Key participants include Hexcel Corporation, SGL
  Carbon SE, Exel Group World Wide, TEIJIN LIMITED,
  Solvay, Gurit, Innegra Technologies, LLC,
  PlastiComp, Inc., Royal DSM N.V, General
  Electric.
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• Segments covered in the report
• Resin Type Outlook (Volume, Kilo Tons and
  Revenue, USD Billion 2016-2026)
• Thermoset
• Thermoplastic
• Fiber Outlook (Volume, Kilo Tons and Revenue,
  USD Billion 2016-2026)
• Carbon/Glass and Glass/Carbon
• Aramid/Carbon
• HMPP/Carbon
• UHMWPE/Carbon
• Others

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Our Approach
Market Summary

• End User Outlook (Volume, Kilo Tons and Revenue,
  USD Billion 2016-2026)
• Automotive Transportation
• Marine
• Aerospace Defense
• Wind Energy
• Others
• Major Geographies Covered in the Hybrid
  Composites Market Report
• North America (U.S., Canada)
• Latin America (Chile, Brazil, Argentina, Rest of
  Latin America)
• Europe (U.K., Italy, Germany, France, Rest of
  EU)
• Asia Pacific (India, Japan, China, South Korea,
  Australia, Rest of APAC)
• Middle East Africa (Saudi Arabia, U.A.E.,
  South Africa, Rest of MEA)
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  Report, Click _at_ https//www.reportsanddata.com/dis
  count-enquiry-form/1803

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Our Approach
Market Summary

• Further key findings from the report suggest
• The Hybrid Composites Market is estimated to
  reach USD 1.49 Billion by 2026, at a CAGR of
  14.8 during the forecast period.
• The carbon/glass and glass/carbon fiber accounts
  for the largest share of 36.7 of the market in
  2018.
• Carbon/glass fibers are often used in the
  manufacturing of spare seatbacks, door panels,
  tire lining, boot liner, among others. It also
  shows high draping capacity, making it perfect
  for automotive manufacturers. These components
  help in decreasing vehicle weight and hence
  increases fuel efficiency.
• The automotive and transportation end user
  segment accounts for the largest share of 27.3
  of the market in 2018.
• The thermoset resin type is expected to witness a
  higher CAGR of 14.8 during the forecast period.
• The European market accounts for the largest
  market share of 26.2 of the market in 2018 and
  is expected to provide lucrative growth towards
  the global market, due to the presence of
  prominent automotive and aerospace defense
  equipment manufacturers leading massive demand
  for hybrid fabrics in the region.
• Various players are developing strategies to mark
  their presence in the industry.
• Solvay developed a new hybrid composite material
  in October 2017. The composite is produced using
  a mixture of fibers, namely carbon and glass. The
  resin applied is polyarylamide. The development
  has supported the company to enhance its presence
  in the hybrid composites market.
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  detail/hybrid-composites-market

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Our Approach
About Us

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