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Multifunctional Composite Materials Market, Global Outlook and Forecast 2022-2028

Multifunctional Composite Materials Market, Global Outlook and Forecast 2022-2028

  • Published on : 06 July 2022
  • Pages :79
  • Report Code:SMR-7186990

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Report overview

Organizations designers and engineers value composite materials majorly for structural properties including light weight, stiffness, and high strength. These materials are used in various sectors such as electrical, capacitors, batteries, hybrid ground vehicles, automotive, airplanes, energy conversion, and others. With increasing advances in the field of multifunctional composites which provides different properties, it has become beneficial for various industrial sectors. Multifunctional materials and systems have many major functions occurring sequentially in time.
This report contains market size and forecasts of Multifunctional Composite Materials in global, including the following market information:
Global Multifunctional Composite Materials Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Multifunctional Composite Materials Market Sales, 2017-2022, 2023-2028, (K sqm)
Global top five Multifunctional Composite Materials companies in 2021 (%)
The global Multifunctional Composite Materials market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Carbon Fiber Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Multifunctional Composite Materials include Hexcel Corporation, Mitsubishi Chemical Holding Corporation, Nippon Graphite Fiber Corporation, SGL Carbon SE, Solvay SA, Teijin Limited and Toray Industries Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Multifunctional Composite Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Multifunctional Composite Materials Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Multifunctional Composite Materials Market Segment Percentages, by Type, 2021 (%)
Carbon Fiber
Fabrics/Reinforcements
Prepregs/Resins
Adhesives
Honeycomb
Other
Global Multifunctional Composite Materials Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Multifunctional Composite Materials Market Segment Percentages, by Application, 2021 (%)
Aerospace Industry
Medical Industry
Machinery Industry
Achitechture Industry
Other
Global Multifunctional Composite Materials Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Multifunctional Composite Materials Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Multifunctional Composite Materials revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Multifunctional Composite Materials revenues share in global market, 2021 (%)
Key companies Multifunctional Composite Materials sales in global market, 2017-2022 (Estimated), (K sqm)
Key companies Multifunctional Composite Materials sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hexcel Corporation
Mitsubishi Chemical Holding Corporation
Nippon Graphite Fiber Corporation
SGL Carbon SE
Solvay SA
Teijin Limited
Toray Industries Inc.