The Advanced Composites Market report by Archive Market Research analyzes the global market, which is expected to reach USD 76.67 billion by 2032, growing at a CAGR of 9.3% during the forecast period. The market is driven by increasing R&D spending, consumer preference for fuel-efficient and eco-friendly mobility systems, and advanced composite manufacturing technologies such as Additive Manufacturing and Automated Fiber Placement. The report profiles key players like Toray Industries, Koninklijke Ten Cate NV, Teijin Limited, Hexcel Corporation, and others.
The report covers product segments such as aramid, carbon, glass, and resin type, and applications like aerospace & defense, automotive, wind energy, and construction. Emerging trends include the growth of hybrid composites, bio-based composites, and advanced manufacturing technologies. The report also provides market analysis, growth opportunities, and challenges faced by the industry.
The market is segmented by region, including North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa, and by country level break-up. The report also includes a detailed analysis of the competitive landscape, including company profiles, peer group analysis, and BCG matrix. The report is a valuable resource for individuals and companies, providing insights into the market dynamics, trends, and growth opportunities.