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Global Fiber Reinforced Composites Market (2020 to 2026) - by Fiber Type, Application and Region - ResearchAndMarkets.com

July 2, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jul 2, 2021--

The “Fiber Reinforced Composites Market Research Report by Fiber Type, by Application, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Fiber Reinforced Composites Market size was estimated at USD 171.80 Billion in 2020 and expected to reach USD 185.64 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 8.39% from 2020 to 2026 to reach USD 278.61 Billion by 2026.

Market Segmentation & Coverage:

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This research report categorizes the Fiber Reinforced Composites to forecast the revenues and analyze the trends in each of the following sub-markets:

  • Based on Fiber Type, the Fiber Reinforced Composites Market was examined across Carbon Fibers and Fiberglass.
  • Based on Matrix Type, the Fiber Reinforced Composites Market was examined across Metal Matrix, Non-metal Matrix, and Polymer Matrix.
  • Based on Application, the Fiber Reinforced Composites Market was examined across Automotive, Construction, Defense, Electronic, and Industrial Equipments.
  • Based on Geography, the Fiber Reinforced Composites Market was examined across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific is further studied across China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

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The FPNV Positioning Matrix evaluates and categorizes the vendors in the Fiber Reinforced Composites Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Fiber Reinforced Composites Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Fiber Reinforced Composites Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Fiber Reinforced Composites Market?

4. What is the competitive strategic window for opportunities in the Global Fiber Reinforced Composites Market?

5. What are the technology trends and regulatory frameworks in the Global Fiber Reinforced Composites Market?

6. What is the market share of the leading vendors in the Global Fiber Reinforced Composites Market?

7. What modes and strategic moves are considered suitable for entering the Global Fiber Reinforced Composites Market?

Market Dynamics

Drivers

  • Rise in the use of fiber-reinforced composites in the automotive industry
  • Increasing demand for the fuel-efficient vehicles
  • Growing need for fiber-reinforced composites in the electronics & electrical industry

Restraints

  • High cost associated with the production of fiber-reinforced composites

Opportunities

  • Ongoing researches on reducing the price of carbon fibers
  • Increasing demand for lightweight & rigid advanced composite materials for automotive and aerospace applications in North America

Challenges

  • Availability of easily accessible substitute products

Companies Mentioned

  • Argosy Minerals Limited
  • Cytec Industries Incorporated
  • Hexcel Corporation
  • Plasan Carbon Composites, Inc.
  • PolyOne Corporation
  • Quantum Composites, Inc.
  • SABIC
  • Toray Industries, Inc.
  • TPI Composites Inc.
  • Zoltek Corporation

For more information about this report visit https://www.researchandmarkets.com/r/cvlfa6

View source version on businesswire.com:https://www.businesswire.com/news/home/20210702005376/en/

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KEYWORD:

INDUSTRY KEYWORD: NATURAL RESOURCES OTHER MANUFACTURING STEEL ENGINEERING AUTOMOTIVE MANUFACTURING AEROSPACE MINING/MINERALS MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 07/02/2021 12:24 PM/DISC: 07/02/2021 12:24 PM

http://www.businesswire.com/news/home/20210702005376/en