Composite Material Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
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The global Composite Material market is expected to grow at a CAGR of 2.7% during the forecast period.
The global Composite Material market is estimated to be about 778.7 million US dollars in 2020.
The global Composite Material market is estimated to reach 866.2 million USD by 2026.
The global Composite Material market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Composite Material market will be able to gain an advantage as they use reports as a powerful resource.
The global Composite Material market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Composite Material market will be able to gain an advantage as they use reports as a powerful resource.
Composite Material markets by category
Polymer Matrix Composites
Continuous Fiber Composites
Ceramic Matrix Composites
Discontinuous Fiber Composites
Others
Composite Material Market by Application (Percentage of Demand)
Sporting Goods
Aerospace & Defense
Electrical & Electronics
Wind Energy
Building & Construction
Transportation
Others
Who are the leading companies in Composite Material market
Element Materials Technology
Henkel AG & CO
KGaA
Exova Group plc
Westmoreland Mechanical Testing & Research Inc
Instron
Matrix Composite Inc
ETIM Composites Testing Laboratory
Mistras Group Inc
Intertek Group plc
Composite Material markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Composite Material.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Consumption Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Composite Material Market Size and Growth Forecast 2014-2026
2.2 Global Composite Material Market Size by Region 2014-2026
2.3 Composite Material Gross Margin in Different Region 2014-2021
2.4 Global Composite Material Market by Major Companies
2.1 Global Composite Material Revenue and Market Share by Vendors (2016-2021)
2.2 Global Composite Material Industry Concentration Ratio (CR5 and HHI)
2.3 Top 5 Composite Material Vendors Market Share
2.4 Top 10 Composite Material Vendors Market Share
3 Global Composite Material Market by Type
3.1 Global Composite Material Market Size and Growth Rate Segment by Types from 2014-2021
3.2 Brief Introduction of Different Types
3.2.1 Polymer Matrix Composites
3.2.2 Continuous Fiber Composites
3.2.3 Ceramic Matrix Composites
3.2.4 Discontinuous Fiber Composites
3.2.5 Others
4 Global Composite Material Market by Application
4.1 Global Composite Material Market Size and Growth Rate Segment by Applications from 2014-2021
4.2 Brief Introduction of Different Applications
4.2.1 Sporting Goods
4.2.2 Aerospace & Defense
4.2.3 Electrical & Electronics
4.2.4 Wind Energy
4.2.5 Building & Construction
4.2.6 Transportation
4.2.7 Others
5 North America Composite Material Market Value and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Composite Material Value ($) from 2014-2021
5.2 North America Composite Material Market Value ($) and Growth (%) by Type from 2014-2021
5.3 North America Composite Material Market Value ($) and Growth (%) by Application from 2014-2021
5.4 North America Composite Material Market Value ($) and Growth (%) by Countries from 2014-2021
5.4.1 The United States
5.4.2 Canada
5.5 Top North America Composite Material Participants Value ($) and Market Share (%) in 2020
6 Europe Composite Material Market Value and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Composite Material Value ($) from 2014-2021
6.2 Europe Composite Material Market Value ($) and Growth (%) by Type from 2014-2021
6.3 Europe Composite Material Market Value ($) and Growth (%) by Application from 2014-2021
6.4 Europe Composite Material Market Value ($) and Growth (%) by Countries from 2014-2021
6.4.1 Germany
6.4.2 France
6.4.3 UK
6.4.4 Italy
6.4.5 Russia
…
6.5 Top Europe Composite Material Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Composite Material Market Value and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Composite Material Value ($) from 2014-2021
7.2 Asia-Pacific Composite Material Market Value ($) and Growth (%) by Type from 2014-2021
7.3 Asia-Pacific Composite Material Market Value ($) and Growth (%) by Application from 2014-2021
7.4 Asia-Pacific Composite Material Market Value ($) and Growth (%) by Countries from 2014-2021
7.4.1 China
7.4.2 Japan
7.4.3 Korea
7.4.4 Southeast Asia
7.4.5 India
7.4.6 Australia
…
7.5 Top Asia-Pacific Composite Material Participants Value ($) and Market Share (%) in 2020
8 Latin America Composite Material Market Value and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Composite Material Value ($) from 2014-2021
8.2 Latin America Composite Material Market Value ($) and Growth (%) by Type from 2014-2021
8.3 Latin America Composite Material Market Value ($) and Growth (%) by Application from 2014-2021
8.4 Latin America Composite Material Market Value ($) and Growth (%) by Countries from 2014-2021
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Chile
8.4.5 Colombia
…
8.5 Top Latin America Composite Material Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Composite Material Market Value and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Composite Material Value ($) from 2014-2021
9.2 Middle East & Africa Composite Material Market Value ($) and Growth (%) by Type from 2014-2021
9.3 Middle East & Africa Composite Material Market Value ($) and Growth (%) by Application from 2014-2021
9.4 Middle East & Africa Composite Material Market Value ($) and Growth (%) by Countries from 2014-2021
9.4.1 Egypt
9.4.2 Saudi Arabia
9.4.3 United Arab Emirates
9.4.4 Nigeria
9.4.5 South Africa
…
9.5 Top Middle East & Africa Composite Material Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Element Materials Technology
10.1.1 Element Materials Technology Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Element Materials Technology Value, Gross and Growth Rate from 2014-2021
10.2 Henkel AG & CO
10.2.1 Henkel AG & CO Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Henkel AG & CO Value, Gross and Growth Rate from 2014-2021
10.3 KGaA
10.3.1 KGaA Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 KGaA Value, Gross and Growth Rate from 2014-2021
10.4 Exova Group plc
10.4.1 Exova Group plc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Exova Group plc Value, Gross and Growth Rate from 2014-2021
10.5 Westmoreland Mechanical Testing & Research Inc
10.5.1 Westmoreland Mechanical Testing & Research Inc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 Westmoreland Mechanical Testing & Research Inc Value, Gross and Growth Rate from 2014-2021
10.6 Instron
10.6.1 Instron Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Instron Value, Gross and Growth Rate from 2014-2021
10.7 Matrix Composite Inc
10.7.1 Matrix Composite Inc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Matrix Composite Inc Value, Gross and Growth Rate from 2014-2021
10.8 ETIM Composites Testing Laboratory
10.8.1 ETIM Composites Testing Laboratory Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 ETIM Composites Testing Laboratory Value, Gross and Growth Rate from 2014-2021
10.9 Mistras Group Inc
10.9.1 Mistras Group Inc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 Mistras Group Inc Value, Gross and Growth Rate from 2014-2021
10.10 Intertek Group plc
10.10.1 Intertek Group plc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 Intertek Group plc Value, Gross and Growth Rate from 2014-2021
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in one or More of the Following Regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
11.1.2 Increasing Use of Composite Material by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
12. Future Forecast of Global Composite Material Market from 2021-2026
12.1 Future Forecast of Global Composite Material Market from 2021-2026 Segment by Regions
12.2 Future Forecast of Global Composite Material Market from 2021-2026 Segment by Type
12.3 Future Forecast of Global Composite Material Market from 2021-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Market Size Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
14.8 Covid-19 Impact/Evaluation
15 Disclaimer
Research Methodology:
Composite Material Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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