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Continuous Fiber Composites Market by Resin Type (Thermoset Composite Resins, Thermoplastic Composite Resins), Product Type (Woven Fabric, Non-Crimp Fabric, Unidirectional Tape, and Others), Reinforcement Type (Glass Fiber Composites, Carbon Fiber Composites, and Others), Industry Vertical (Aerospace, Automotive, Power and Energy, Sports and Leisure, Consumer Electronics, and Others), and Region 2024-2032

April 2024 | 137 pages | ID: C5D000E00A1CEN
IMARC Group

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The global continuous fiber composites market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032. The rapid utilization of continuous fiber composite in wind turbines, the growing adoption of lightweight components in the manufacturing of vehicles, and the rising stringency of government regulations regarding sustainable development represent some of the key factors driving the market.

Continuous fiber composites refer to materials consisting of continuous fibers bonded to a matrix that offers exceptional stiffness and lightweight properties. With its combination of fibers, resins, and core materials, it is one of the most versatile materials available. It can be continuous, chopped or milled in form, and is composed of glass, carbon, or aramid fibers. Depending on the application requirements, including strength, cost, geometry, and complexity, they can be developed from either a thermoset or thermoplastic matrix. Their high strength-to-weight ratio, ease of processing, freedom of form, and recyclable nature make them an excellent choice for numerous industrial applications. Composites with continuous fibers have numerous advantages, including excellent corrosion and creep resistance, low maintenance costs, and lightweight construction. Consequently, these composite materials are used in a variety of industries, such as automotive, aerospace, electronics, sports and leisure, consumer electronics, and construction.

Continuous Fiber Composites Market Trends:
The rapid utilization of continuous fiber composite in blades, nacelles, and smaller components of wind turbines is a significant factor driving the growth of the market. This can be attributed to the escalating demand for clean energy resources from the energy sector. In addition to this, the growing adoption of lightweight components for the manufacturing of vehicles, particularly electric vehicles (EVs), is propelling the market. Moreover, an enhanced focus on carbon emission control is providing an impetus to the market. Besides this, the augmenting demand for non-toxic substitutes for asbestos-based friction products across numerous end-use industries, such as construction, aerospace and marine sectors, is also creating a positive market outlook. The market is further driven by the increasing usage of these composites in industrial manufacturing processes, including cold forming operations, stress corrosion cracking (SCR) processes and metal fastening applications. Apart from this, the rising popularity of electrical resistivity materials and flame retardants in the electronics and electrical industry is resulting in a higher product uptake on the global level. Some of the other factors contributing to the market include continual product innovations, such as rapid cure resin systems and cost-effective carbon and glass fibers, rapid industrialization, and extensive research and development (R&D) activities conducted by the key players.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global continuous fiber composites market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on resin type, product type, reinforcement type, and industry vertical.

Resin Type Insights:

Thermoset Composite Resins
Thermoplastic Composite Resins

The report has provided a detailed breakup and analysis of the continuous fiber composites market based on the resin type. This includes thermoset composite resins and thermoplastic composite resins. According to the report, thermoset composite resins represented the largest segment.

Product Type Insights:

Woven Fabric
Non-Crimp Fabric
Unidirectional Tape
Others

The report has provided a detailed breakup and analysis of the continuous fiber composites market based on the product type. This includes woven fabric, non-crimp fabric, unidirectional tape, and others. According to the report, woven fabric represented the largest segment.

Reinforcement Type Insights:

Glass Fiber Composites
Carbon Fiber Composites
Others

The report has provided a detailed breakup and analysis of the continuous fiber composites market based on the reinforcement type. This includes glass fiber composites, carbon fiber composites, and others. According to the report, glass fiber composites represented the largest segment.

Industry Vertical Insights:

Aerospace
Automotive
Power and Energy
Sports and Leisure
Consumer Electronics
Others

A detailed breakup and analysis of the continuous fiber composites market based on the industry vertical has also been provided in the report. This includes aerospace, automotive, power and energy, sports and leisure, and others. According to the report, aerospace accounted for the largest market share.

Regional Insights:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for continuous fiber composites. Some of the factors driving the North America continuous fiber composites market include the presence of several key players across the region, rapid industrialization, growing adoption of lightweight components for the manufacturing of vehicles, etc.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global continuous fiber composites market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Celanese Corporation, Chomarat Textiles Industries, Gurit Holding AG, Hexcel Corporation, Johns Manville Corporation, Lanxess AG, Owens Corning Corporation, Saertex GmbH & Co. KG, Solvay S.A, Toray Industries Inc, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. How big is the global continuous fiber composites market?
2. What is the expected growth rate of the global continuous fiber composites market during 2024-2032?
3. What are the key factors driving the global continuous fiber composites market?
4. What has been the impact of COVID-19 on the global continuous fiber composites market?
5. What is the breakup of the global continuous fiber composites market based on the resin type?
6. What is the breakup of the global continuous fiber composites market based on the product type?
7. What is the breakup of the global continuous fiber composites market based on the reinforcement type?
8. What is the breakup of the global continuous fiber composites market based on the industry vertical?
9. What are the key regions in the global continuous fiber composites market?
10. Who are the key players/companies in the global continuous fiber composites market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL CONTINUOUS FIBER COMPOSITES MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY RESIN TYPE

6.1 Thermoset Composite Resins
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Thermoplastic Composite Resins
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY PRODUCT TYPE

7.1 Woven Fabric
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Non-Crimp Fabric
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Unidirectional Tape
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Others
  7.4.1 Market Trends
  7.4.2 Market Forecast

8 MARKET BREAKUP BY REINFORCEMENT TYPE

8.1 Glass Fiber Composites
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Carbon Fiber Composites
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Others
  8.3.1 Market Trends
  8.3.2 Market Forecast

9 MARKET BREAKUP BY INDUSTRY VERTICAL

9.1 Aerospace
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Automotive
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Power and Energy
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4 Sports and Leisure
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5 Consumer Electronics
  9.5.1 Market Trends
  9.5.2 Market Forecast
9.6 Others
  9.6.1 Market Trends
  9.6.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 DRIVERS, RESTRAINTS, AND OPPORTUNITIES

11.1 Overview
11.2 Drivers
11.3 Restraints
11.4 Opportunities

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Celanese Corporation
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
    15.3.1.3 Financials
    15.3.1.4 SWOT Analysis
  15.3.2 Chomarat Textiles Industries
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
  15.3.3 Gurit Holding AG
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
    15.3.3.3 Financials
  15.3.4 Hexcel Corporation
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
    15.3.4.3 Financials
    15.3.4.4 SWOT Analysis
  15.3.5 Johns Manville Corporation
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
  15.3.6 Lanxess AG
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
    15.3.6.3 Financials
    15.3.6.4 SWOT Analysis
  15.3.7 Owens Corning Corporation
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
    15.3.7.3 Financials
    15.3.7.4 SWOT Analysis
  15.3.8 Saertex GmbH & Co. KG
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
    15.3.8.3 SWOT Analysis
  15.3.9 Solvay S.A
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
    15.3.9.3 Financials
    15.3.9.4 SWOT Analysis
  15.3.10 Toray Industries Inc
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
    15.3.10.3 Financials
    15.3.10.4 SWOT Analysis
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

LIST OF TABLES

Table 1: Global: Continuous Fiber Composites Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Continuous Fiber Composites Market Forecast: Breakup by Resin Type (in Million US$), 2024-2032
Table 3: Global: Continuous Fiber Composites Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
Table 4: Global: Continuous Fiber Composites Market Forecast: Breakup by Reinforcement Type (in Million US$), 2024-2032
Table 5: Global: Continuous Fiber Composites Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
Table 6: Global: Continuous Fiber Composites Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Continuous Fiber Composites Market: Competitive Structure
Table 8: Global: Continuous Fiber Composites Market: Key Players

LIST OF FIGURES

Figure 1: Global: Continuous Fiber Composites Market: Major Drivers and Challenges
Figure 2: Global: Continuous Fiber Composites Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Continuous Fiber Composites Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Continuous Fiber Composites Market: Breakup by Resin Type (in %), 2023
Figure 5: Global: Continuous Fiber Composites Market: Breakup by Product Type (in %), 2023
Figure 6: Global: Continuous Fiber Composites Market: Breakup by Reinforcement Type (in %), 2023
Figure 7: Global: Continuous Fiber Composites Market: Breakup by Industry Vertical (in %), 2023
Figure 8: Global: Continuous Fiber Composites Market: Breakup by Region (in %), 2023
Figure 9: Global: Continuous Fiber Composites (Thermoset Composite Resins) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Continuous Fiber Composites (Thermoset Composite Resins) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Continuous Fiber Composites (Thermoplastic Composite Resins) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Continuous Fiber Composites (Thermoplastic Composite Resins) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Continuous Fiber Composites (Woven Fabric) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Continuous Fiber Composites (Woven Fabric) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Continuous Fiber Composites (Non-Crimp Fabric) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Continuous Fiber Composites (Non-Crimp Fabric) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Continuous Fiber Composites (Unidirectional Tape) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Continuous Fiber Composites (Unidirectional Tape) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Continuous Fiber Composites (Other Product Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Continuous Fiber Composites (Other Product Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Continuous Fiber Composites (Glass Fiber Composites) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Continuous Fiber Composites (Glass Fiber Composites) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Continuous Fiber Composites (Carbon Fiber Composites) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Continuous Fiber Composites (Carbon Fiber Composites) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Continuous Fiber Composites (Other Reinforcement Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Continuous Fiber Composites (Other Reinforcement Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Continuous Fiber Composites (Aerospace) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Continuous Fiber Composites (Aerospace) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Continuous Fiber Composites (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Continuous Fiber Composites (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Continuous Fiber Composites (Power and Energy) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Continuous Fiber Composites (Power and Energy) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Continuous Fiber Composites (Sports and Leisure) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Continuous Fiber Composites (Sports and Leisure) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Continuous Fiber Composites (Consumer Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Continuous Fiber Composites (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Continuous Fiber Composites (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Continuous Fiber Composites (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: North America: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: North America: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: United States: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: United States: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Canada: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Canada: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Asia-Pacific: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Asia-Pacific: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: China: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: China: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Japan: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Japan: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: India: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: India: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: South Korea: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: South Korea: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Australia: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Australia: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Indonesia: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Indonesia: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Others: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Others: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Europe: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Europe: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Germany: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Germany: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: France: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: France: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: United Kingdom: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: United Kingdom: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Italy: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Italy: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Spain: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Spain: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Russia: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Russia: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Others: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Others: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Latin America: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Latin America: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Brazil: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Brazil: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Mexico: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Mexico: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Others: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Others: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Middle East and Africa: Continuous Fiber Composites Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Middle East and Africa: Continuous Fiber Composites Market: Breakup by Country (in %), 2023
Figure 87: Middle East and Africa: Continuous Fiber Composites Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Global: Continuous Fiber Composites Industry: Drivers, Restraints, and Opportunities
Figure 89: Global: Continuous Fiber Composites Industry: Value Chain Analysis
Figure 90: Global: Continuous Fiber Composites Industry: Porter's Five Forces Analysis


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