Functional Composites Market - Global Forecast to 2021
出 版 商:MarketsandMarkets
出版日期:2016/06/21
頁 數:161頁
文件格式:PDF
“The global functional composites market size is projected to reach USD 43.35 billion by 2021”
The global functional composites market is projected to reach USD 43.35 billion by 2021, from USD 26.33 billion in 2015, registering a CAGR of 8.7% between 2016 and 2021. The main reasons for the growth of this market are the increasing use of these composites for various functions which they serve along with their structural properties.
“Thermally Conductive Composites: The largest function segment of the market”
Thermally conductive composites segment was the largest function segment of the global functional composites market in 2015. Thermally conductive composites are increasingly used in the aerospace & defense, consumer goods & electronics, and transportation industries for heat dissipation application. Electrical conductivity is another key function where carbon fiber, which is electrically conductive by nature, is used as reinforcement. Other key functions include magnetic, barrier, and optics.
“Aerospace & Defense: The fastest growing and the largest end-user industry segment”
Aerospace & defense is the largest end-user industry segment of the global functional composites market, having accounted for the largest market share in 2015. This large share can be attributed to the high usage of functional composites in key application areas, such as body parts of aircraft, combustion systems, and others. Transportation and consumer goods & electronics are the other key end-user industries for functional composites.
“Asia-Pacific: The fastest-growing regional market for functional composites”
The Asia-Pacific functional composites market is the fastest-growing market, with high demand from the region’s consumer goods & electronics and transportation industries. This market has the highest growth potential, as emerging economies in the region are expected to provide a key market to end users of functional composites. North America and Europe are the major markets for functional composites, and are expected to maintain their dominance during the forecast period.
Breakdown of profile of primary participants:
‧ By Company Type: Tier 1 - 59%, Tier 2 - 21%, and Tier 3 - 20%
‧ By Designation: Director Level - 31%, Manager Level - 69%
‧ By Region: North America - 55%, Europe - 30%, Asia-Pacific - 5%, RoW - 2%
As a part of qualitative analysis, the report provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, such as The 3M Company (U.S.), Applied Materials, Inc. (U.S.), Momentive Performance Materials Inc. (U.S.), Kyocera Corporation (Japan), E.I. DuPont de Nemours (U.S.), Covestro AG (Bayer AG, Germany), Air Products (U.S.) Materion Corporation (U.S.), and others.
Reasons to buy this report:
This report covers the following key aspects:
‧ What will be the market size by 2021 and what will be the growth rate
‧ What are the key market trends
‧ What is driving this market
‧ What are the challenges that impact market growth
‧ Who are the key players in this market
‧ Global report covers key regions, such as North America, Europe, Asia-Pacific, South America, and the Middle-East & Africa, along with country analysis
The global functional composites market is projected to reach USD 43.35 billion by 2021, from USD 26.33 billion in 2015, registering a CAGR of 8.7% between 2016 and 2021. The main reasons for the growth of this market are the increasing use of these composites for various functions which they serve along with their structural properties.
“Thermally Conductive Composites: The largest function segment of the market”
Thermally conductive composites segment was the largest function segment of the global functional composites market in 2015. Thermally conductive composites are increasingly used in the aerospace & defense, consumer goods & electronics, and transportation industries for heat dissipation application. Electrical conductivity is another key function where carbon fiber, which is electrically conductive by nature, is used as reinforcement. Other key functions include magnetic, barrier, and optics.
“Aerospace & Defense: The fastest growing and the largest end-user industry segment”
Aerospace & defense is the largest end-user industry segment of the global functional composites market, having accounted for the largest market share in 2015. This large share can be attributed to the high usage of functional composites in key application areas, such as body parts of aircraft, combustion systems, and others. Transportation and consumer goods & electronics are the other key end-user industries for functional composites.
“Asia-Pacific: The fastest-growing regional market for functional composites”
The Asia-Pacific functional composites market is the fastest-growing market, with high demand from the region’s consumer goods & electronics and transportation industries. This market has the highest growth potential, as emerging economies in the region are expected to provide a key market to end users of functional composites. North America and Europe are the major markets for functional composites, and are expected to maintain their dominance during the forecast period.
Breakdown of profile of primary participants:
‧ By Company Type: Tier 1 - 59%, Tier 2 - 21%, and Tier 3 - 20%
‧ By Designation: Director Level - 31%, Manager Level - 69%
‧ By Region: North America - 55%, Europe - 30%, Asia-Pacific - 5%, RoW - 2%
As a part of qualitative analysis, the report provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, such as The 3M Company (U.S.), Applied Materials, Inc. (U.S.), Momentive Performance Materials Inc. (U.S.), Kyocera Corporation (Japan), E.I. DuPont de Nemours (U.S.), Covestro AG (Bayer AG, Germany), Air Products (U.S.) Materion Corporation (U.S.), and others.
Reasons to buy this report:
This report covers the following key aspects:
‧ What will be the market size by 2021 and what will be the growth rate
‧ What are the key market trends
‧ What is driving this market
‧ What are the challenges that impact market growth
‧ Who are the key players in this market
‧ Global report covers key regions, such as North America, Europe, Asia-Pacific, South America, and the Middle-East & Africa, along with country analysis
TABLE OF CONTENTS
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY & PRICING 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.2 MARKET SIZE ESTIMATION 19
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 22
2.4 MARKET SHARE ESTIMATION 23
2.4.1 KEY DATA FROM SECONDARY SOURCES 23
2.4.2 KEY DATA FROM PRIMARY SOURCES 24
2.4.2.1 Key industry insights 25
2.5 ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
3.1 INTRODUCTION 26
3.2 HISTORICAL BACKDROP AND EVOLUTION 27
3.3 CURRENT SCENARIO 27
3.4 FUTURE OUTLOOK 30
3.5 CONCLUSION 31
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES IN THE ADVANCED FUNCTIONAL COMPOSITES MARKET 32
4.2 ADVANCED FUNCTIONAL COMPOSITES MARKET, BY END-USER 32
4.3 ADVANCED FUNCTIONAL COMPOSITES MARKET: MAJOR SEGMENTS 33
4.4 ADVANCED FUNCTIONAL COMPOSITES MARKET GROWTH 34
4.5 ADVANCED FUNCTIONAL COMPOSITES MARKET, DEVELOPING & EMERGING NATIONS 34
4.6 LIFE CYCLE ANALYSIS, BY REGION 35
5 MARKET OVERVIEW 36
5.1 INTRODUCTION 37
5.2 MARKET SEGMENTATION 37
5.2.1 BY MATRIX TYPE 37
5.2.2 BY FUNCTION 38
5.2.3 BY END-USER 39
5.2.4 BY REGION 40
5.3 MARKET DYNAMICS 41
5.3.1 DRIVERS 41
5.3.1.1 Increasing usage across various end-user industries 41
5.3.1.2 Growing demand in healthcare applications 42
5.3.2 RESTRAINTS 43
5.3.2.1 High raw material cost 43
5.3.3 OPPORTUNITIES 44
5.3.3.1 Potential use in eco-friendly constructions 44
5.3.3.2 High growth opportunities for the market in Asia-Pacific 44
5.3.4 CHALLENGES 44
5.3.4.1 Lack of standardization in the industry 44
6 INDUSTRY TRENDS 45
6.1 INTRODUCTION 45
6.2 VALUE CHAIN ANALYSIS 45
6.2.1 RAW MATERIALS FOR ADVANCED FUNCTIONAL COMPOSITES 45
6.2.2 ADVANCED FUNCTIONAL COMPOSITES MANUFACTURERS 46
6.2.3 DISTRIBUTION NETWORK 46
6.2.4 END-USER 46
6.3 PORTER’S FIVE FORCES ANALYSIS 47
6.3.1 BARGAINING POWER OF SUPPLIERS 47
6.3.2 THREAT OF NEW ENTRANTS 48
6.3.3 THREAT OF SUBSTITUTES 48
6.3.4 BARGAINING POWER OF BUYERS 48
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 49
7 ADVANCED FUNCTIONAL COMPOSITES MARKET, BY MATRIX TYPE 50
7.1 INTRODUCTION 51
7.2 MARKET SIZE AND PROJECTION 51
7.3 METAL MATRIX COMPOSITES 53
7.4 POLYMER MATRIX COMPOSITES 54
7.5 CERAMIC MATRIX COMPOSITES 56
7.6 HYBRID MATRIX COMPOSITES 58
8 ADVANCED FUNCTIONAL COMPOSITES MARKET, BY FUNCTION 60
8.1 INTRODUCTION 61
8.2 MARKET SIZE AND PROJECTION 61
8.3 THERMALLY CONDUCTIVE 63
8.4 ELECTRICALLY CONDUCTIVE 65
8.5 MAGNETIC 66
8.6 BARRIER 68
8.7 OPTIC 69
9 ADVANCED FUNCTIONAL COMPOSITES MARKET, BY END-USER 71
9.1 INTRODUCTION 72
9.2 AEROSPACE & DEFENSE 74
9.3 WIND ENERGY 75
9.4 TRANSPORTATION 76
9.5 BUILDING, CONSTRUCTION, STORAGE & PIPING 78
9.6 CONSUMER GOODS & ELECTRONICS 80
9.7 OTHERS 82
10 REGIONAL ANALYSIS 84
10.1 INTRODUCTION 85
10.2 NORTH AMERICA 87
10.2.1 U.S. 89
10.2.2 CANADA 90
10.2.3 MEXICO 91
10.3 EUROPE 92
10.3.1 GERMANY 95
10.3.2 FRANCE 96
10.3.3 U.K. 97
10.3.4 ITALY 98
10.3.5 REST OF EUROPE 99
10.4 ASIA-PACIFIC 101
10.4.1 CHINA 103
10.4.2 SOUTH KOREA 104
10.4.3 JAPAN 105
10.4.4 REST OF ASIA-PACIFIC 106
10.5 MIDDLE EAST & AFRICA 108
10.5.1 MIDDLE EAST 110
10.5.2 AFRICA 111
10.6 SOUTH AMERICA 113
10.6.1 BRAZIL 115
10.6.2 ARGENTINA 116
11 COMPETITIVE LANDSCAPE 117
11.1 OVERVIEW 117
11.2 EXPANSIONS: ONE OF THE MOST POPULAR GROWTH STRATEGIES 117
11.3 MAXIMUM DEVELOPMENTS IN 2012 119
11.4 COMPETITIVE SITUATION AND TRENDS 120
11.4.1 EXPANSIONS 120
11.4.2 NEW PRODUCT LAUNCHES 121
11.4.3 COLLABORATIONS/AGREEMENTS 122
11.4.4 MERGERS & ACQUISITIONS 123
12 COMPANY PROFILES 124
12.1 INTRODUCTION 124
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
12.2 3M COMPANY 125
12.3 3A COMPOSITES INC. 128
12.4 AIR PRODUCTS AND CHEMICALS, INC. 130
12.5 BAYER AG 133
12.6 E. I. DU PONT DE NEMOURS AND COMPANY 135
12.7 AMETEK, INC. 138
12.8 APPLIED MATERIALS, INC. 140
12.9 KYOCERA CORPORATION 142
12.10 MOMENTIVE PERFORMANCE MATERIALS INC. 144
12.11 MATERION CORPORATION 147
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 APPENDIX 149
13.1 INSIGHTS OF INDUSTRY EXPERTS 149
13.2 DEVELOPMENTS 150
13.3 DISCUSSION GUIDE 151
13.4 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 155
13.5 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 157
13.6 AVAILABLE CUSTOMIZATIONS 158
13.7 RELATED REPORTS 159
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY & PRICING 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.2 MARKET SIZE ESTIMATION 19
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 22
2.4 MARKET SHARE ESTIMATION 23
2.4.1 KEY DATA FROM SECONDARY SOURCES 23
2.4.2 KEY DATA FROM PRIMARY SOURCES 24
2.4.2.1 Key industry insights 25
2.5 ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
3.1 INTRODUCTION 26
3.2 HISTORICAL BACKDROP AND EVOLUTION 27
3.3 CURRENT SCENARIO 27
3.4 FUTURE OUTLOOK 30
3.5 CONCLUSION 31
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES IN THE ADVANCED FUNCTIONAL COMPOSITES MARKET 32
4.2 ADVANCED FUNCTIONAL COMPOSITES MARKET, BY END-USER 32
4.3 ADVANCED FUNCTIONAL COMPOSITES MARKET: MAJOR SEGMENTS 33
4.4 ADVANCED FUNCTIONAL COMPOSITES MARKET GROWTH 34
4.5 ADVANCED FUNCTIONAL COMPOSITES MARKET, DEVELOPING & EMERGING NATIONS 34
4.6 LIFE CYCLE ANALYSIS, BY REGION 35
5 MARKET OVERVIEW 36
5.1 INTRODUCTION 37
5.2 MARKET SEGMENTATION 37
5.2.1 BY MATRIX TYPE 37
5.2.2 BY FUNCTION 38
5.2.3 BY END-USER 39
5.2.4 BY REGION 40
5.3 MARKET DYNAMICS 41
5.3.1 DRIVERS 41
5.3.1.1 Increasing usage across various end-user industries 41
5.3.1.2 Growing demand in healthcare applications 42
5.3.2 RESTRAINTS 43
5.3.2.1 High raw material cost 43
5.3.3 OPPORTUNITIES 44
5.3.3.1 Potential use in eco-friendly constructions 44
5.3.3.2 High growth opportunities for the market in Asia-Pacific 44
5.3.4 CHALLENGES 44
5.3.4.1 Lack of standardization in the industry 44
6 INDUSTRY TRENDS 45
6.1 INTRODUCTION 45
6.2 VALUE CHAIN ANALYSIS 45
6.2.1 RAW MATERIALS FOR ADVANCED FUNCTIONAL COMPOSITES 45
6.2.2 ADVANCED FUNCTIONAL COMPOSITES MANUFACTURERS 46
6.2.3 DISTRIBUTION NETWORK 46
6.2.4 END-USER 46
6.3 PORTER’S FIVE FORCES ANALYSIS 47
6.3.1 BARGAINING POWER OF SUPPLIERS 47
6.3.2 THREAT OF NEW ENTRANTS 48
6.3.3 THREAT OF SUBSTITUTES 48
6.3.4 BARGAINING POWER OF BUYERS 48
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 49
7 ADVANCED FUNCTIONAL COMPOSITES MARKET, BY MATRIX TYPE 50
7.1 INTRODUCTION 51
7.2 MARKET SIZE AND PROJECTION 51
7.3 METAL MATRIX COMPOSITES 53
7.4 POLYMER MATRIX COMPOSITES 54
7.5 CERAMIC MATRIX COMPOSITES 56
7.6 HYBRID MATRIX COMPOSITES 58
8 ADVANCED FUNCTIONAL COMPOSITES MARKET, BY FUNCTION 60
8.1 INTRODUCTION 61
8.2 MARKET SIZE AND PROJECTION 61
8.3 THERMALLY CONDUCTIVE 63
8.4 ELECTRICALLY CONDUCTIVE 65
8.5 MAGNETIC 66
8.6 BARRIER 68
8.7 OPTIC 69
9 ADVANCED FUNCTIONAL COMPOSITES MARKET, BY END-USER 71
9.1 INTRODUCTION 72
9.2 AEROSPACE & DEFENSE 74
9.3 WIND ENERGY 75
9.4 TRANSPORTATION 76
9.5 BUILDING, CONSTRUCTION, STORAGE & PIPING 78
9.6 CONSUMER GOODS & ELECTRONICS 80
9.7 OTHERS 82
10 REGIONAL ANALYSIS 84
10.1 INTRODUCTION 85
10.2 NORTH AMERICA 87
10.2.1 U.S. 89
10.2.2 CANADA 90
10.2.3 MEXICO 91
10.3 EUROPE 92
10.3.1 GERMANY 95
10.3.2 FRANCE 96
10.3.3 U.K. 97
10.3.4 ITALY 98
10.3.5 REST OF EUROPE 99
10.4 ASIA-PACIFIC 101
10.4.1 CHINA 103
10.4.2 SOUTH KOREA 104
10.4.3 JAPAN 105
10.4.4 REST OF ASIA-PACIFIC 106
10.5 MIDDLE EAST & AFRICA 108
10.5.1 MIDDLE EAST 110
10.5.2 AFRICA 111
10.6 SOUTH AMERICA 113
10.6.1 BRAZIL 115
10.6.2 ARGENTINA 116
11 COMPETITIVE LANDSCAPE 117
11.1 OVERVIEW 117
11.2 EXPANSIONS: ONE OF THE MOST POPULAR GROWTH STRATEGIES 117
11.3 MAXIMUM DEVELOPMENTS IN 2012 119
11.4 COMPETITIVE SITUATION AND TRENDS 120
11.4.1 EXPANSIONS 120
11.4.2 NEW PRODUCT LAUNCHES 121
11.4.3 COLLABORATIONS/AGREEMENTS 122
11.4.4 MERGERS & ACQUISITIONS 123
12 COMPANY PROFILES 124
12.1 INTRODUCTION 124
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
12.2 3M COMPANY 125
12.3 3A COMPOSITES INC. 128
12.4 AIR PRODUCTS AND CHEMICALS, INC. 130
12.5 BAYER AG 133
12.6 E. I. DU PONT DE NEMOURS AND COMPANY 135
12.7 AMETEK, INC. 138
12.8 APPLIED MATERIALS, INC. 140
12.9 KYOCERA CORPORATION 142
12.10 MOMENTIVE PERFORMANCE MATERIALS INC. 144
12.11 MATERION CORPORATION 147
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 APPENDIX 149
13.1 INSIGHTS OF INDUSTRY EXPERTS 149
13.2 DEVELOPMENTS 150
13.3 DISCUSSION GUIDE 151
13.4 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 155
13.5 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 157
13.6 AVAILABLE CUSTOMIZATIONS 158
13.7 RELATED REPORTS 159