Composite Preforms Market, By Fiber Type (Carbon, Glass, Others), By Technology (Stitching, Braiding

Published Date: | Report Code : MT2058829

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The Global Composite Preforms Market is projected to reach USD 725.9 Million by 2028, growing at a CAGR of 8.7% during the forecast period. The increased demand is expected to steer the market during the forecast period.

Composite Preforms Market

Composite Preforms Market

Composite preforms are primarily fibers of elite composition arranged in variable 2D and 3D forms to create the desired form. Nowadays composite preforms are most popular over the standard materials, like metals such as steel, iron, and others, thanks to their lightweight, high durability, and resistance to corrosion. Composite preforms find wide applications in metallurgy, aerospace & defense, and heavy machinery industries as they're the fundamental material to those industries and have a high potential of customization.

Aerospace followed by the automotive industry is expected to be the key consumers of composite preforms for the subsequent five years. The necessity of all the end-user industries to design various techniques to achieve higher efficiencies is paramount since natural mineral deposits throughout the globe are getting depleted. However, strict industrial requirements and the inability of certain composites to fulfill the technical requirements could hold back the composite preforms market. The emerging economies in conjunction with R&D projects of various space agencies like NASA, ESA, and ISRO offer wonderful opportunities for composite preforms.

Composite Preforms Market

Composite Preforms Market

The North American region is set to be the biggest player in this in the composite preforms market due to the extensive demand for composite preforms in aerospace & automotive sectors. The Asia Pacific region is poised to register the highest growth in the composite preforms market by the end of the forecast period due to extensive growth in the aerospace sector achieved due to the proactive approach of ISRO. The Middle East is still an emerging region in the composite preforms market.

Key Factors Impacting the Growth of Composite Preforms Market:

  • Growth of the automotive industry across the world
  • Substitute to metals used across various industries
  • Increased use in the aerospace sector due to low weight & sturdiness
  • Low cost of technology
  • Key Developments in the Composite Preforms Market:
  1. On 15 October 2018, Bally Ribbon Mills (BRM), an industry leader in the design, development, and manufacture of highly specialized engineered woven fabrics, showcased its high-quality, high-performance products at CAMX 2018, this new development in composite preforms market is sure to cause ripples across the textile industry.

What Does This Report Provide?

This report provides a detailed understanding of the global composite preforms market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with a potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the composite preforms market.

Market Segmentation:

By Fiber Type:

  • Carbon
  • Glass
  • Others

By Technology:

  • Stitching
  • Braiding
  • Weaving
  • Knitting

By Structure:

  • One-D
  • Two-D
  • Three-D

By End-Use Industry:

  • Aerospace
  • Automotive
  • Consumer Goods
  • Construction
  • Healthcare
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Fiber Type
    • By Technology
    • By Structure
    • By End-User Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Fiber Type
    • By Technology
    • By Structure
    • By End-User Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Fiber Type
    • By Technology
    • By Structure
    • By End-User Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Fiber Type
    • By Technology
    • By Structure
    • By End-User Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Fiber Type
    • By Technology
    • By Structure
    • By End-User Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Fiber Type
    • By Technology
    • By Structure
    • By End-User Industry

Companies Covered: Major Companies profiled in the report which are key players in the global composite preforms market are A&P Technology, Albany Engineered Composites, Bally Ribbon Mills, Compsys Inc., Fabric Development Inc., SGL Kumpers GmbH, Sigmatex.

Years Considered In The Study

Historic Year

2016, 2017

Base Year

2018

Forecast Period

2019-2028 

CAGR % (2019-2028)

8.7%

Reasons to Buy This Report:

  • Market size estimation of the global composite preforms market on a regional and global basis.
  • The unique research design for market size estimation and forecast.
  • Profiling of major companies operating in the composite preforms market with key developments.
  • Broad scope to cover all the possible segments helping every stakeholder in the market.

Customization:

  • We provide customization of the study to meet specific requirements:
  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

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