The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the most significant global advanced polymer composites market, with a 43.19% market revenue share in 2022. The dominant aircraft manufacturing players in the region contribute to the region's dominance in the advanced polymer composites market. The rising climate change concerns have increased the demand for E-vehicles. The dominant market player Tesla in the E-vehicle market, has a significant market presence in the region, driving the advanced polymer composites demand. Furthermore, the rising fiscal funds to ramp up green technologies as a step towards reducing carbon emissions will also propel the advanced polymer composites market. The developed countries of the region have a high-per-capita income which increases the adoption of green technologies and drives the advanced polymer composites market. The increasing defence spending in the face of rising Russian and Chinese threats will also augment the advanced polymer composites market. The Russian-Ukraine war has also increased the demand for US-made weapons and defence systems, which will bode well for the regional advanced polymer composites market.
North America Advanced Polymer Composites Market Share in 2022 - 43.19%
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The product type segment is divided into resin, fibre and others. The resin segment dominated the market with a revenue share of around 44% in 2022. The resins have a wide variety of applications in multiple industries. They are strong and stiff, ideal for preparing strong auto parts used in the automotive or aerospace sectors. Many resins have great mechanical strength and resist strong flames and electricity. They can be applied to electrical materials or used in metal bonding processes. They have high corrosion resistance making them ideal to be used in automotive, contribution and buildings subjected to harsh environmental conditions. The comparatively lower cost and ease of application or handling enable it to dominate the product type segment in the market. They offer dimensional stability. The resin polymers do not undergo chemical change during the transition process and maintain their mechanical strength, making them ideal for use in several industries.
The end user is divided into automotive, construction, aerospace, wind energy, defence, and others. The aerospace segment is expected to grow at the fastest CAGR of 13.12% during the forecast period. The increasing air traffic, given the rising disposable income of the population, will drive the market. The growing demand for charter planes for business efficiency is spearheading the demand for auto parts in the aerospace industry, which will bode well for the advanced polymer composite market. The growing investments in the aerospace sector, both public and private, to facilitate its growth after two devasting years of the pandemic will augment the sector's demand for advanced polymer composites. The dominance of a few aircraft manufacturers in the market has prompted several governments and private market players to invest in developing their aircraft carriers, which will aid the segment's growth and ensure its dominance in the future.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Product Type
4.3.2. Market Attractiveness Analysis by End User
4.3.3. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising demand for lightweight auto parts to increase fuel-efficiency
5.3. Restraints
5.3.1. Complex production process
5.4. Opportunities
5.4.1. The increasing demand for non-conventional energy
5.5. Challenges
5.5.1. Rules and regulations governing the advanced polymer composites industry
6. Global Advanced Polymer Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Resin
6.3. Fiber
6.4. Others
7. Global Advanced Polymer Market Analysis and Forecast, By End User
7.1. Segment Overview
7.2. Automotive
7.3. Construction
7.4. Aerospace
7.5. Wind Energy
7.6. Defence
7.7. Others
8. Global Advanced Polymer Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Advanced Polymer Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in the Advanced Polymer Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Arkema SA
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. BASF SE
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Cristex Ltd.
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Hexcel Corporation
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Kemrock Industries and Exports Limited
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Mitsubishi Rayon Co. Ltd.
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Owens Corning Corporation
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. SGL Carbon SE
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Solvay SA
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Toray Industries Inc.
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
List of Table
1. Global Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
2. Global Resin Advanced Polymer Market, By Region, 2019-2030 (USD Billion)
3. Global Fiber Advanced Polymer Market, By Region, 2019-2030 (USD Billion)
4. Global Others Advanced Polymer Market, By Region, 2019-2030 (USD Billion)
5. Global Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
6. Global Automotive Advanced Polymer Market, By Region, 2019-2030 (USD Billion)
7. Global Construction Advanced Polymer Market, By Region, 2019-2030 (USD Billion)
8. Global Aerospace Advanced Polymer Market, By Region, 2019-2030 (USD Billion)
9. Global Wind Energy Advanced Polymer Market, By Region, 2019-2030 (USD Billion)
10. Global Defence Advanced Polymer Market, By Region, 2019-2030 (USD Billion)
11. Global Others Advanced Polymer Market, By Region, 2019-2030 (USD Billion)
12. Global Advanced Polymer Market, By Region, 2019-2030 (USD Billion)
13. North America Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
14. North America Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
15. U.S. Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
16. U.S. Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
17. Canada Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
18. Canada Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
19. Mexico Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
20. Mexico Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
21. Europe Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
22. Europe Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
23. Germany Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
24. Germany Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
25. France Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
26. France Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
27. U.K. Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
28. U.K. Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
29. Italy Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
30. Italy Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
31. Spain Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
32. Spain Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
33. Asia Pacific Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
34. Asia Pacific Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
35. Japan Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
36. Japan Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
37. China Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
38. China Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
39. India Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
40. India Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
41. South America Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
42. South America Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
43. Brazil Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
44. Brazil Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
45. Middle East and Africa Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
46. Middle East and Africa Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
47. UAE Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
48. UAE Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
49. South Africa Advanced Polymer Market, By Product Type, 2019-2030 (USD Billion)
50. South Africa Advanced Polymer Market, By End User, 2019-2030 (USD Billion)
List of Figures
1. Global Advanced Polymer Market Segmentation
2. Advanced Polymer Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Advanced Polymer Market Attractiveness Analysis by Product Type
9. Global Advanced Polymer Market Attractiveness Analysis by End User
10. Global Advanced Polymer Market Attractiveness Analysis by Region
11. Global Advanced Polymer Market: Dynamics
12. Global Advanced Polymer Market Share by Product Type (2022 & 2030)
13. Global Advanced Polymer Market Share by End User (2022 & 2030)
14. Global Advanced Polymer Market Share by Regions (2022 & 2030)
15. Global Advanced Polymer Market Share by Company (2021)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global advanced polymer market based on below-mentioned segments:
Global Advanced Polymer Market by Product Type:
Global Advanced Polymer Market by End User:
Global Advanced Polymer Market by Region:
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