세계의 하이브리드 복합재료 시장 예측(-2030년) : 부문별, 지역별 분석

According to Stratistics MRC, the Global Hybrid Composites Market is accounted for $955.91 million in 2023 and is expected to reach $2868.91 million by 2030 growing at a CAGR of 17% during the forecast period. Materials made of two or more distinct kinds of reinforcing fibers or particles embedded in a single matrix are referred to as hybrid composites. Through these combinations, a composite with improved performance characteristics is produced, utilizing the special qualities of each constituent material. Furthermore, hybrid composites are designed to strike a balance between strength, stiffness, toughness, and other desired qualities by carefully combining materials like carbon fibers, glass fibers, aramid fibers, or different nanoparticles.

According to the American Composites Manufacturers Association (ACMA), hybrid composites are increasingly gaining recognition for their ability to offer a versatile and optimized combination of materials, providing engineers and manufacturers with innovative solutions to meet diverse performance requirements in various industries.

Market Dynamics:

Driver:

Demand for minimalist solutions

The market for hybrid composites is largely driven by the increase in demand for lightweight materials, especially in sectors like aerospace and automotive manufacturing. High-strength-to-weight ratio materials are sought after by manufacturers as fuel efficiency and sustainability become critical considerations. Furthermore, in order to meet the changing needs of these industries, hybrid composites, which combine various reinforcing fibers or particles, offer a flexible way to achieve the required balance of reduced weight and structural integrity.

Restraint:

Complexity of processing and design

Manufacturers may find it extremely difficult to design and process hybrid composites due to their complexity. The manufacturing workflow as a whole, processing parameters, and material compatibility must all be carefully taken into account when integrating various types of reinforcing fibers or particles. The intricate nature of these procedures may result in longer production times and more complicated operations. Additionally, continuous improvements in design techniques and processing technologies are necessary to overcome these obstacles and expedite the manufacture of hybrid composites.

Opportunity:

Growing focus on electric cars (EVS)

The market for hybrid composites is expected to witness substantial growth due to the worldwide trend towards eco-friendly transportation, particularly with the increasing popularity of electric vehicles (EVs). Hybrid composites are a promising answer to the need for lightweight materials to improve the energy efficiency and range of EVs. Furthermore, the automotive sector's increasing embracement of electrification presents a significant opportunity for hybrid composites to fulfill the structural and weight-reduction demands of electric vehicle (EV) components.

Threat:

Fierce rivalry with traditional materials

The widespread use of hybrid composites is threatened by the established use of conventional materials like metals and plastics. It can be difficult for hybrid composites to compete on a cost basis in industries where conventional materials have well-established supply chains and manufacturing processes. Moreover, one major obstacle to market penetration is overcoming the inertia associated with switching from traditional materials to hybrid composites.

Covid-19 Impact:

The COVID-19 pandemic has caused production slowdowns, disruptions in global supply chains, and a decline in demand across multiple industries, all of which have had a significant impact on the hybrid composites market. Lockdowns, travel bans, and social distancing policies have hindered manufacturing, which has caused schedule delays for projects and a decline in new investment. Additionally, the pandemic-induced economic downturn has led to cost-cutting initiatives in a number of industries, which has impacted the uptake of cutting-edge materials like hybrid composites.

The Carbon/Glass segment is expected to be the largest during the forecast period

It is projected that carbon and glass will command the largest market share. This blend combines the cost-effectiveness and impact resistance of glass fibers with the high strength and stiffness of carbon fibers. Furthermore, carbon/glass hybrid composites are widely used in a variety of industries, such as sports equipment, automotive, and aerospace, where a balance between weight reduction, performance, and cost effectiveness is essential. Due to the combination, producers are able to attain the best possible structural qualities, which make these hybrid composites ideal for a variety of uses that call for an affordable, high-performing material solution.

The Thermoplastics segment is expected to have the highest CAGR during the forecast period

The market's highest CAGR is being seen in the thermoplastics segment. The benefits of thermoplastic hybrid composites, which include improved toughness, recyclability, and ease of processing, come from combining the desirable properties of traditional thermoplastics with reinforcing materials. In applications like consumer goods, aircraft structures, and automotive parts, thermoplastic hybrid composites are becoming more and more popular as industries place a greater emphasis on lightweight and sustainable materials. Moreover, their capacity to be melted and reshaped several times over the course of their lifetime is in line with the growing emphasis on the concepts of the circular economy.

Region with largest share:

It is projected that the European region will hold the largest market share. Key industries such as automotive, aerospace, and renewable energy are major drivers of the hybrid composites market in Europe. The use of cutting-edge materials in manufacturing processes is leading the way in nations like Germany, France, and the United Kingdom. Hybrid composites are becoming more widely used as a result of the European Union's emphasis on sustainability, strict environmental laws, and a growing emphasis on lowering carbon emissions. Furthermore, cooperative initiatives between European industry participants and research institutes promote creativity and the creation of novel uses for hybrid composites.

Region with highest CAGR:

The market's highest CAGR is seen in the Asia-Pacific region. Fast industrialization, strong economic growth, and rising investments in important industries like construction, aerospace, and automotive within nations like China, India, and Japan are all responsible for this dynamic growth. The increasing need for materials that are both lightweight and highly effective, along with an emphasis on sustainability and energy efficiency, has led to the widespread use of hybrid composites in various fields. Additionally, the Asia-Pacific region also gains from a robust manufacturing base and rising consumer awareness of the benefits of hybrid composites in improving product performance.

Key players in the market

Some of the key players in Hybrid Composites market include Innegra Technologies, LLC, DSM Corporation, PlastiComp, Inc, Hexcel Corporation, Solvay S.A., General Electric, SGL Group, PolyOne Corporation, Teijin Limited, Exel Composites PLC and Gurit Holding.

Key Developments:

In January 2024, Teijin Limited, a leading Japanese conglomerate with pharmaceutical and implantable medical device businesses and Garwood Medical Devices, a breakthrough New York medtech company, have announced a joint research and development agreement designed to enable Garwood and Teijin to bring Garwood's novel infection control technology to Japan.

In December 2023, GE Vernova announced today that it has signed a framework agreement with Forestalia to install up to 693 MW of onshore wind turbines across 16 future project sites throughout the Aragon region in Spain. Through this exclusive framework agreement, 110 of GE's 6.1-158 wind turbines will be installed in six phases near Zaragoza.

In May 2023, DSM and Firmenich announced plans to combine their food, beverage, and taste businesses, the merger is complete. The new company, dsm-firmenich launches today. In May 2022, two major ingredients players - DSM and Firmenich - announced plans to create an 'industry leader' via a 'merger of equals'. By bringing the companies together, they aim to combine their respective strengths across the flavours, fragrances and nutritional ingredients segments.

Fiber Types Covered:

• Carbon/Glass
• Aramid/Carbon
• HMPP
• UHMWPE
• Other Fiber Types

Resin Types Covered:

• Epoxy
• Polyester
• Phenolics
• Polypropylene
• Polyamide
• Thermoplastics
• Other Resin Types

End Users Covered:

• Automotive & Transportation
• Marine
• Aerospace & Defense
• Wind Energy
• Sporting Goods
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Hybrid Composites Market, By Fiber Type

• 5.1 Introduction
• 5.2 Carbon/Glass
• 5.3 Aramid/Carbon
• 5.4 HMPP
• 5.5 UHMWPE
• 5.6 Other Fiber Types

6 Global Hybrid Composites Market, By Resin Type

• 6.1 Introduction
• 6.2 Epoxy
• 6.3 Polyester
• 6.4 Phenolics
• 6.5 Polypropylene
• 6.6 Polyamide
• 6.7 Thermoplastics
• 6.8 Other Resin Types

7 Global Hybrid Composites Market, By End User

• 7.1 Introduction
• 7.2 Automotive & Transportation
• 7.3 Marine
• 7.4 Aerospace & Defense
• 7.5 Wind Energy
• 7.6 Sporting Goods
• 7.7 Other End Users

8 Global Hybrid Composites Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Innegra Technologies, LLC
• 10.2 DSM Corporation
• 10.3 PlastiComp, Inc
• 10.4 Hexcel Corporation
• 10.5 Solvay S.A.
• 10.6 General Electric
• 10.7 SGL Group
• 10.8 PolyOne Corporation
• 10.9 Teijin Limited
• 10.10 Exel Composites PLC
• 10.11 Gurit Holding