Textile Composites

Textile Composites Market Outlook

The global textile composites market was valued at approximately USD 30 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.5% through 2035, reaching an estimated USD 66 billion. The growth of this market can be attributed to the increasing demand for lightweight and high-strength materials across various industries, including aerospace, automotive, and construction. Additionally, advancements in manufacturing technologies and the rising trend of sustainability in material selection are driving the market forward. The robust growth is also fueled by a surge in applications in the automotive sector, where the need for fuel efficiency and reduced emissions is paramount, thus steering interest toward high-performance textile composites. This sector is supported further by governmental initiatives promoting the use of advanced materials to enhance structural integrity and performance.

Growth Factor of the Market

One of the primary growth factors for the textile composites market is the increasing adoption of lightweight materials that can significantly reduce fuel consumption and emissions in transportation applications. For instance, automotive manufacturers are increasingly integrating textile composites into vehicle designs to achieve weight reductions without sacrificing strength or durability. Furthermore, the aerospace and defense sectors are also witnessing substantial investments in textile composites, as these materials offer superior performance characteristics essential for high-stakes applications. The construction industry is another key driver, as the demand for durable and versatile materials for infrastructure projects continues to rise. Coupled with innovations in fiber technology and composite processing methods, the market is well-positioned for sustainable growth. Additionally, the rising awareness of environment-friendly and recyclable materials is propelling the demand for sustainable textile composites, further bolstering market expansion.

Key Highlights of the Market

• The textile composites market is anticipated to reach USD 66 billion by 2035, growing at a CAGR of 8.5%.
• Transportation sectors, specifically automotive and aerospace, are the largest consumers of textile composites.
• Technological advancements in fiber and composite processing are enhancing material performance.
• The increasing focus on lightweight and sustainable materials is driving innovation in the market.
• Asia Pacific is expected to exhibit the highest growth rate due to rapid industrialization and infrastructural development.

By Product Type

Polymer Matrix Composites:

Polymer matrix composites (PMCs) dominate the textile composites market due to their versatility and ease of manufacturing. They are made from a polymer resin matrix reinforced with fibers, providing exceptional strength-to-weight ratios that are essential for numerous applications. The adaptability of PMCs allows them to be tailored for specific needs, making them ideal for aerospace, automotive, and consumer goods. Their lightweight nature helps improve fuel efficiency in vehicles, thus making them an attractive choice for manufacturers focused on sustainability. Furthermore, advancements in resin technologies, such as bio-based resins, are anticipated to push the demand for PMCs even higher in the coming years.

Ceramic Matrix Composites:

Ceramic matrix composites (CMCs) are gaining traction in the textile composites market due to their high-temperature resistance and structural stability. These composites are typically used in applications that demand robust material performance, such as in the aerospace and defense industries, where they can withstand extreme environments. Their excellent thermal properties make them suitable for engine components and thermal shielding in aerospace applications. As the demand for materials that can operate in high-temperature conditions increases, CMCs are expected to experience substantial growth. Innovations in processing techniques and reductions in production costs are likely to enhance their adoption in various sectors.

Metal Matrix Composites:

Metal matrix composites (MMCs) are primarily used in applications requiring superior mechanical properties. They combine metals with reinforcing fibers, making them highly suitable for aerospace, automotive, and industrial applications. The unique characteristics of MMCs, such as improved wear resistance and thermal conductivity, drive their demand in high-performance settings. As industries continue to seek materials that can perform under stress while maintaining lightweight characteristics, MMCs are positioned to grow. The ongoing research to enhance their properties and reduce manufacturing costs is vital for maximizing their application range.

Hybrid Composites:

Hybrid composites, which combine different types of fibers such as glass and carbon, are increasingly popular due to their enhanced performance attributes and cost-effectiveness. By leveraging the benefits of multiple materials, hybrid composites can be tailored to meet specific performance requirements across various applications. This flexibility makes them especially useful in sectors like automotive and sports equipment, where both strength and reduced weight are crucial. The growing acceptance of hybrid composites in mainstream applications is anticipated to drive their market growth, supported by advances in manufacturing processes that facilitate the production of these versatile materials.

Others:

The “Others” category in the product type segment includes various innovative composite materials that do not fit neatly into the aforementioned categories. These can include bio-composites made from renewable materials, as well as various experimental composites that are being researched for specialized applications. The continuous exploration of new materials to meet specific industry challenges ensures that this segment remains dynamic. As sustainability becomes a central theme in material science, the exploration of plant-based and other environmentally friendly composites is likely to gain momentum, potentially expanding the market share for this segment significantly.

By Application

Aerospace & Defense:

The aerospace and defense sector is one of the largest and most lucrative markets for textile composites. The demand for lightweight, high-strength materials that can withstand harsh environments makes textile composites particularly attractive for aircraft and military applications. Their use significantly contributes to improving fuel efficiency and overall performance of aircraft while ensuring safety and reliability. The growing emphasis on reducing the weight of aircraft components to enhance flight range and payload capacity continues to drive innovation in this sector, with new materials being developed to meet stringent aerospace standards. As commercial air travel and defense budgets expand, the demand for advanced textile composites in this application area is expected to rise steadily.

Automotive:

The automotive application of textile composites is primarily driven by the industry's need for lightweight materials that contribute to fuel efficiency and reduced emissions. Manufacturers are increasingly adopting textile composites in various parts of vehicles, including interiors, exteriors, and structural components, to achieve weight reduction without compromising safety. The push toward electric and hybrid vehicles further intensifies this demand, as these vehicles require innovative materials that can enhance performance and efficiency. As automakers continue to explore advanced materials to meet regulatory requirements and consumer expectations, the textile composites market in the automotive sector is projected to witness robust growth.

Sports & Leisure:

The sports and leisure industry has seen a significant increase in the use of textile composites, thanks to their lightweight and high-performance characteristics. From high-end bicycles and sports gear to outdoor equipment, textile composites provide the necessary durability and performance enhancements sought by athletes and consumers alike. The ongoing trend towards customization and the use of innovative materials in sporting goods positions this segment for continued growth. As health and fitness awareness rises, the demand for durable and lightweight sports equipment will also rise, thereby increasing the uptake of textile composites in this market.

Construction:

In the construction industry, textile composites are being utilized for a range of applications, including reinforcement and insulation materials. Their lightweight nature and corrosion resistance make them ideal for use in infrastructure projects, potentially reducing construction time and costs. Additionally, the increasing focus on sustainability in construction practices, such as the use of recyclable materials, is boosting the adoption of textile composites. As urbanization accelerates and infrastructure projects expand globally, the demand for textile composites in construction is expected to grow, driven by the need for durable and efficient building materials.

Others:

The “Others” category in applications includes a variety of sectors that utilize textile composites for specific purposes, such as medical devices, electronics, and consumer products. This segment reflects the versatility of textile composites and their adaptability to various industrial requirements. As innovation continues and new applications are identified, this segment is likely to see increased activity, with research focusing on developing specialized composites to meet unique industry needs. The ongoing development of textile composite technologies enhances their applicability in diverse fields, ensuring a steady demand across varied sectors.

By Distribution Channel

Direct Sales:

Direct sales remain a dominant distribution channel for textile composites, allowing manufacturers to establish strong relationships with customers and offer tailored solutions. This approach enables companies to maintain control over pricing, quality, and customer service, which is crucial for industries requiring specialized materials. Direct engagement with clients helps manufacturers better understand market needs, facilitating the development of innovative products tailored to those needs. While this channel can be resource-intensive, it provides significant advantages in terms of flexibility and responsiveness to market demands, resulting in a competitive edge for companies that effectively leverage direct sales.

Distributors:

Distributors play a vital role in the textile composites market by bridging the gap between manufacturers and end-users. They enable manufacturers to expand their reach and access a broader customer base without investing heavily in retail operations. Distributors often provide value-added services, such as inventory management and logistics, which enhance their appeal to manufacturers looking to optimize operations. Additionally, distributors' market insights and customer relationships can facilitate faster market penetration for new products, streamlining the process of bringing innovative textile composites to various sectors. As demand for textile composites continues to grow, distributors will remain key players in ensuring efficient supply chain management.

Online Retail:

The rise of online retail has fundamentally altered the landscape of the textile composites market by providing an accessible platform for customers to procure materials. Online retail channels enable manufacturers and distributors to reach customers in remote locations, offering convenience and flexibility. With the increasing prevalence of e-commerce, manufacturers can showcase their products through digital platforms, enhancing visibility and accessibility. The convenience of online shopping, coupled with detailed product information and reviews, has made it an attractive option for customers seeking textile composites. As e-commerce continues to grow, it is expected to become an increasingly important channel for distribution in the textile composites market.

Wholesalers:

Wholesalers serve as a crucial link in the supply chain for textile composites, providing bulk quantities of materials to retailers and manufacturers. They typically offer competitive pricing due to their ability to buy in large volumes, making them an attractive option for businesses looking to reduce procurement costs. Wholesalers often carry a wide range of products, allowing their customers to source multiple materials from a single supplier. Their expertise in market trends and demand forecasting can also assist manufacturers in managing inventory effectively. As the demand for textile composites expands, wholesalers will play a vital role in ensuring consistent supply and distribution across various industries.

Others:

The "Others" category in distribution channels encompasses various alternative methods of distribution, including specialty stores, trade shows, and direct-to-consumer models. These channels allow businesses to target niche markets and specific customer segments effectively. Specialty stores often focus on providing high-quality materials and expert advice, catering to customers with specialized needs. Trade shows offer opportunities for manufacturers to showcase their innovations and connect with potential buyers, while direct-to-consumer models enable companies to establish a strong brand presence. As the textile composites market evolves, these alternative distribution channels are likely to gain traction, providing opportunities for growth and expansion.

By Fiber Type

Carbon Fiber:

Carbon fiber is one of the most sought-after materials in the textile composites market, known for its exceptional strength and lightweight properties. It is widely used in high-performance applications, including aerospace, automotive, and sports equipment, where performance and weight are critical. The ability of carbon fiber composites to withstand extreme conditions while maintaining structural integrity makes them a preferred choice for manufacturers looking to enhance product performance. As advancements in carbon fiber production processes reduce costs and improve accessibility, its adoption is expected to increase across various industries, leading to robust market growth.

Glass Fiber:

Glass fiber is widely recognized for its affordability and versatility, making it a popular choice in a range of applications. While it may not possess the same strength-to-weight ratio as carbon fiber, glass fiber composites offer excellent durability and resistance to environmental conditions. As a result, they are extensively used in construction, automotive, and consumer products. The ongoing research into improving the properties of glass fiber composites, such as enhancing their tensile strength and resistance to moisture, will likely contribute to their sustained demand in various sectors. Their cost-effectiveness continues to make glass fiber an attractive option for manufacturers aiming for a balance between performance and price.

Aramid Fiber:

Aramid fiber, known for its high strength and thermal stability, is increasingly being utilized in textile composites for applications requiring superior protection and performance. Its unique characteristics, such as resistance to abrasion and impact, make it ideal for use in military and industrial applications where safety is paramount. The growing demand for protective gear, automotive components, and aerospace applications is promoting the integration of aramid fibers into composite materials. As end-users seek materials that offer enhanced safety and performance features, the market for aramid fiber composites is poised for significant growth, driven by technological advancements and innovation.

Natural Fiber:

Natural fibers are gaining popularity in the textile composites market due to their biodegradable properties and sustainability. Materials such as flax, hemp, and jute are being increasingly integrated into composite formulations to meet the rising consumer demand for eco-friendly products. Natural fiber composites provide adequate mechanical properties while reducing environmental impact, making them suitable for various applications, including automotive, construction, and consumer goods. As consumers and industries prioritize sustainability, the adoption of natural fibers in composites is likely to rise, driving innovation and growth in this segment of the market.

Others:

The "Others" category in fiber types encompasses several innovative and niche fibers that do not fall under the traditional categories of carbon, glass, aramid, or natural fibers. This may include newly developed synthetic fibers or composites designed for specific applications, such as high-temperature resistance or specialized medical uses. The continuous exploration of novel materials ensures that this segment remains vibrant and adaptable to changing market needs. As research and development in fiber technology continue to evolve, the potential for growth in this segment will expand, providing manufacturers with unique opportunities to differentiate their products.

By Region

The regional analysis of the textile composites market reveals distinct patterns of growth across various territories. North America holds a substantial share of the market, driven by robust demand from the aerospace and defense sectors, as well as advancements in automotive technologies. The market in North America is projected to grow at a CAGR of approximately 7% through 2035, reflecting the region's commitment to innovation and high-performance materials. Additionally, the presence of established players and a strong focus on research and development contribute to the region's leading position in the textile composites market.

In contrast, the Asia Pacific region is expected to experience the highest growth rate during the forecast period, with an anticipated CAGR of 10% due to rapid industrialization, urbanization, and infrastructural development. Countries like China and India are witnessing substantial investments in automotive and construction, driving demand for textile composites. The increasing focus on lightweight materials and sustainability is influencing manufacturers to explore textile composites as a viable alternative, thereby propelling market growth in this region. Overall, while North America currently leads the market, the Asia Pacific region's growth potential presents significant opportunities for stakeholders in the textile composites sector.

Opportunities

The textile composites market is poised for numerous opportunities as industries continue to seek materials that offer enhanced performance, reduced weight, and improved sustainability. The demand for lightweight materials in the automotive and aerospace sectors poses a significant opportunity for manufacturers of textile composites, enabling them to capture a larger market share by providing innovative solutions tailored to these industries. Additionally, the trend towards sustainability and eco-friendly materials presents a unique opportunity for companies focusing on natural fibers and recyclable composites. As consumers become more environmentally conscious, the ability to offer sustainable alternatives can create a competitive edge and attract a diverse customer base. The ongoing research in fiber technology and composite manufacturing methods further enhances opportunities for innovation, allowing manufacturers to create products that meet evolving market demands.

Moreover, expanding applications of textile composites in emerging sectors like wind energy, medical devices, and consumer goods also represent lucrative opportunities. The integration of textile composites into renewable energy applications, such as wind turbine blades, highlights the material's versatility and ability to withstand harsh environmental conditions. As the renewable energy sector continues to grow, the demand for advanced composites will increase, providing manufacturers with new avenues for growth. Furthermore, innovations in medical and healthcare applications, such as patient support and mobility devices, are gaining traction, emphasizing the need for lightweight and durable materials. By strategically positioning themselves in these emerging markets, companies can capitalize on the evolving landscape of the textile composites industry.

Threats

Despite the opportunities in the textile composites market, there are several threats that could hinder growth and market expansion. One of the primary challenges is the volatility of raw material prices, particularly for fibers and resins, which can significantly impact manufacturing costs. Fluctuations in the prices of petroleum-based products can lead to increased production costs for synthetic fibers, potentially affecting the overall pricing structure of textile composites. Additionally, competition from alternative materials, such as metals and traditional polymers, poses a threat to the market. As industries explore various materials to meet specific requirements, there is a risk that textile composites may be sidelined in favor of more established options that offer similar performance characteristics. Manufacturers must continuously innovate and demonstrate the unique benefits of textile composites to remain competitive in a crowded marketplace.

Another significant threat to the textile composites market is the potential for regulatory challenges and standards surrounding material safety and environmental impact. As governments and regulatory bodies increasingly scrutinize materials for their environmental footprint and sustainability, manufacturers may face additional compliance costs and stringent regulations. Ensuring compliance with these regulations can create barriers to entry for smaller players in the market, limiting competition and hindering innovation. Additionally, any negative perception regarding the environmental impact of composite production processes could deter consumers and industries from adopting these materials. Therefore, staying ahead of regulatory developments and actively engaging in sustainable practices will be vital for manufacturers to navigate these challenges effectively.

Competitor Outlook

• Teijin Limited
• Hexcel Corporation
• Toray Industries Inc.
• Solvay S.A.
• Owens Corning
• 3M Company
• Jushi Group Co., Ltd.
• DuPont de Nemours, Inc.
• Hexion Inc.
• TenCate Advanced Composites
• SABIC
• Kimberly-Clark Corporation
• Saint-Gobain
• Lanxess AG
• Gurit Holding AG

The competitive landscape of the textile composites market is characterized by a diverse range of players, from established multinationals to emerging companies focused on innovation. Major players are investing heavily in research and development to create advanced textile composite materials that meet the evolving needs of various industries. Companies like Teijin Limited and Toray Industries Inc. are at the forefront, offering a wide range of high-performance composite solutions aimed at the aerospace and automotive markets. Their commitment to innovation and sustainability positions them as leaders in the textile composites sector. Furthermore, these companies are actively pursuing strategic partnerships and collaborations to enhance their product offerings and expand their market reach, ensuring they remain competitive in an ever-evolving landscape.

Another significant trend in the competitive landscape is the increasing focus on sustainability and eco-friendly materials. As market players recognize the importance of environmental responsibility, organizations such as Owens Corning and Jushi Group Co., Ltd. are making strides in developing recyclable and bio-based composites. Their initiatives not only align with consumer preferences for sustainable products but also help mitigate the risks associated with fluctuating raw material prices. By prioritizing sustainability, these companies are establishing a competitive advantage and appealing to environmentally conscious consumers and industries, driving demand for their innovative offerings.

Lastly, smaller companies and startups are also entering the textile composites market, bringing fresh ideas and innovative solutions. Many of these companies focus on niche applications or specialize in developing advanced materials that cater to specific market needs. Their agility and ability to respond quickly to changing market dynamics allow them to carve out unique positions within the industry. As these smaller players gain traction, they introduce new competition to the established market leaders, contributing to a dynamic and diverse competitive landscape. Overall, the textile composites market remains vibrant and competitive, with significant opportunities for growth and innovation as industries increasingly adopt these advanced materials.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 SABIC
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 3M Company
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Lanxess AG
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Hexion Inc.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Solvay S.A.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Saint-Gobain
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Owens Corning
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Teijin Limited
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Gurit Holding AG
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Hexcel Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Jushi Group Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Toray Industries Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 DuPont de Nemours, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Kimberly-Clark Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 TenCate Advanced Composites
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Textile Composites Market, By Fiber Type
    • 6.1.1 Carbon Fiber
    • 6.1.2 Glass Fiber
    • 6.1.3 Aramid Fiber
    • 6.1.4 Natural Fiber
    • 6.1.5 Others
  • 6.2 Textile Composites Market, By Application
    • 6.2.1 Aerospace & Defense
    • 6.2.2 Automotive
    • 6.2.3 Sports & Leisure
    • 6.2.4 Construction
    • 6.2.5 Others
  • 6.3 Textile Composites Market, By Product Type
    • 6.3.1 Polymer Matrix Composites
    • 6.3.2 Ceramic Matrix Composites
    • 6.3.3 Metal Matrix Composites
    • 6.3.4 Hybrid Composites
    • 6.3.5 Others
  • 6.4 Textile Composites Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributors
    • 6.4.3 Online Retail
    • 6.4.4 Wholesalers
    • 6.4.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Textile Composites Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Textile Composites market is categorized based on

By Product Type

• Polymer Matrix Composites
• Ceramic Matrix Composites
• Metal Matrix Composites
• Hybrid Composites
• Others

By Application

• Aerospace & Defense
• Automotive
• Sports & Leisure
• Construction
• Others

By Distribution Channel

• Direct Sales
• Distributors
• Online Retail
• Wholesalers
• Others

By Fiber Type

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

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Teijin Limited
• Hexcel Corporation
• Toray Industries Inc.
• Solvay S.A.
• Owens Corning
• 3M Company
• Jushi Group Co., Ltd.
• DuPont de Nemours, Inc.
• Hexion Inc.
• TenCate Advanced Composites
• SABIC
• Kimberly-Clark Corporation
• Saint-Gobain
• Lanxess AG
• Gurit Holding AG