Global Marine Composites Industry Research Report, Growth Trends and Competitive Analysis 2018-2025
- Rep Id : XPLREP2116
- Published On : September, 2018
- No. of Pages : 121
- Category : Plastics
- Publisher : QYResearch
In terms of consumption side, this report focuses on the consumption of Marine Composites by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
The marine market is the most deeply penetrated of all end markets served by the composites industry. Yachts, sailboats and other boats use lots of marine composites. For decades, composites have been the material of choice for marine manufacturers to build beautiful and innovative boats, ships, pipes and personal watercraft.
The composites have been the material of choice for marine manufacturers to build beautiful and innovative boats, ships, pipes and personal watercraft. Marine composites are an integral part of the marine industry. As the marine material downstream application, Powerboats is its largest downstream market, which took up 51.66% of the consumption in 2015.
In 2015, the global marine composites market is led by USA, Europe and China, where the Gurit is an important producer. USA is the largest production region of marine composites in the world in the past few years and it will keep the same position in the next five years. The USA market took up about 49.87% in the global production market in 2015. Europe is the second-largest region-wise market.
The market has reached saturation levels in the USA and Europe regions, while it is expanding in emerging economies such as the Asia-Pacific, Middle East, and Latin American regions. The world’s large enterprises are mainly concentrated in these regions.
The Marine Composites market was valued at 1160 Million US$ in 2017 and is projected to reach 1660 Million US$ by 2025, at a CAGR of 4.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Marine Composites.
This report includes the following manufacturers; we can also add the other companies as you want.
- Owens Corning
- Johns Manville
- Hexcel Corporation
- Cytec Solvay Group
- 3A Composites
- Future Pipe Industries
- SGL Group
- National Oilwell Varco
- Janicki Industries
- Marine Plastics
- Jiumei Fiber Glass
- PE Composites
- Pipe Composites
- Aeromarine Industries
- Mitsubishi Rayon
Market Segment by Product Type
- Glass Fiber Reinforced Plastics (GFRPs)
- Polymer Fiber Reinforced Plastics (PFRPs)
- Carbon Fiber Reinforced Plastics (CFRPs)
Market Segment by Application
- Cruise Liner
Key Regions split in this report:
- North America
- United States
- South Korea
- Central & South America
- Rest of Central & South America
- Middle East & Africa