Data Bridge Market Research analyses that the Hybrid Composite market which was USD 729.18 million in 2022, would rocket up to USD 2,039.54 million by 2030, and is expected to undergo a CAGR of 12.40% during the forecast period. This indicates that the market value. “automotive” dominates the end-use segment of the hybrid composite market by their versatile properties like light weight, strength to weight ratio, low cost which will raise the demand of the product in automotive sector. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
The most common hybrid composites are glass-carbon reinforced epoxy because it gives a strong material at reasonable costs and carbon-aramid reinforced epoxy because it increases the combines strength and impact of resistance. Hybrid composites are commonly used when lateral as well as longitudinal mechanical performances are required and when a combination of properties of different kinds of fibres wants to be achieved.
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Some of the major players operating in the Hybrid Composite market are:
- Quantum Composites (US)
- Textum OPCO, LLC (US)
- Composites Evolution (UK)
- DEVOLD AMT (Norway)
- Taiyuan Heavy Industry Co.,Ltd (China)
- STRUCTeam (UK)
- RTP Company (USA)
- G. Angeloni s.r.l (Italy)
- Talon Technology Co.,Ltd (US)
- Rock West Composites, Inc (US)
- COLAN AUSTRALIA, (Australia)
- CIT Composite Materials Italy (Italy)
- SGL Carbon (Germany)
- Gurit (Switzerland)
- Hexcel Corporation (US)
Global Hybrid Composite Market Scope:
The Hybrid Composite market is segmented on the basis of fibre, resin and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Fibre
- Carbon or Glass
- Aramid or Carbon
- HMPP
- UHMWPE
- Others
Resin
- Thermoset
- Thermoplastic
End User
- Automotive and Transportation
- Aerospace and Defence
- Wind Energy
- Marine
- Sporting Goods
- Others
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Hybrid Composite Market Regional Analysis/Insights:
The Hybrid Composite market is analysed and market size insights and trends are provided by country, fibre, resin and end user as referenced above.
The countries covered in the Hybrid Composite market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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