The Global Market for Composites: Resins, Fillers, Reinforcements, Natural Fibers and Nanocomposites Through 2026

The global market for composites should grow from $102.0 billion in 2017 to $145.7 billion by 2022, with a compound annual growth rate (CAGR) of 7.4% for the period of 2017-2022.

Report Includes

• 107 data tables
• An overview of the global market for composites, including resins, fillers, reinforcements, natural fibers, and nanocomposites
• Analyses of global market trends, with data from 2016, 2017, and projections of compound annual growth rates (CAGRs) through 2022
• Segmentation of the major components of this market into five major types and further breakdown by their subtypes, application markets, regional markets, and major players in each of these submarkets
• Coverage of major end-user industries and applications, including construction/infrastructure; transportation; marine markets; electrical/electronic parts/components; appliances; and consumer products (sport and leisure, lawn and garden products, etc.)
• Analysis of the market's dynamics, specifically growth drivers, inhibitors, and opportunities
• Company profiles of major players in the market, including Advanced Composites Inc., DIC Corp., GE Inc., Hexion Inc., and Toray Industries Inc.

The global reinforced plastic composite market will grow from 14.8 billion pounds in 2015 to about 17.6 billion pounds by 2020, with a compound annual growth rate (CAGR) of 3.5% for the period of 2015-2020.

Report Includes

• An overview of the global market for reinforced plastic composites including resins, fillers, reinforcements, natural fibers & nanocomposites.
• Analyses of global market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020.
• Segmentation of the major components of this market into its resin, technology, and applications components.
• Coverage of relevant applications including automotive; construction/infrastructure including anti-corrosion and panel products; marine markets; aerospace; electronic parts/components; appliances; consumer products (sport and leisure, lawn/garden products, etc.); and a miscellaneous category.
• Analysis of the market's dynamics, specifically growth drivers, inhibitors, and opportunities.
• Profiles of major players in the industry.

The global reinforced plastic composite market is estimated to total 13.6 billion pounds in 2013, 14.3 billion pounds in 2014 and is expected to increase to nearly 17.2 billion pounds by 2019. This market is expected to show a compound annual growth rate (CAGR) of 3.7% through the forecast period of 2014 to 2019.

Report Includes

• An overview of the global market for reinforced plastic composites including resins, fillers, reinforcements, natural fibers & nanocomposites.
• Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
• Segmentation of the major components of this market into its resin, technology, and applications components.
• Coverage of relevant applications including automotive; construction/infrastructure including anti-corrosion and panel products; marine markets; aerospace; electronic parts/components; appliances; consumer products (sport and leisure, lawn/garden products, etc.); and a miscellaneous category.

The North American fiber-reinforced plastic/composite market is estimated at 2.7 billion pounds in 2010 and is expected to increase to about 3.1 billion by 2015, reflecting a 2.8% compound annual growth rate (CAGR).

• The U.S. market for composites increased from 2.7 billion pounds in 2006 to an estimated 2.8 billion pounds in 2007. It should reach over 3.3 billion by 2012, a compound annual growth rate of 3.3%.
• Construction/Infrastructure and automotive products are the key applications since they comprise about 60% of total volume, followed by marine, electronic components and consumer products.
• The largest growth will be experienced by the low volume aerospace market led by the introduction of composite commercial aircraft exterior parts such as fuselages and wings.

• The fiber-reinforced plastic market is estimated at almost 2.3 billion pounds in 2002 and, rising at an average annual growth rate (AAGR) of 3%, is expected to reach 2.64 billion pounds by 2007.
• Automotive applications account for 719 million pounds and are expected to rise at an AAGR of 2.5% to 814 million pounds by 2007.
• Construction applications will rise at an AAGR of 2.7% to 688 million pounds by 2007.
• Marine and electronic components applications, rising at AAGRs of 3.5% and 4.5% respectively, are the fastest growing.
• Thermosets accounted for about 62% of total volume in 2002 and will maintain that position over the next five years.
• Nanocomposites are in the very early stages of development and, with regard to fiber-reinforced plastics, initially will make an impact in the automotive market.