Home > Chemicals & Materials > Advanced Materials > Advanced Polymer Composites Market

Advanced Polymer Composites Market Share

Report ID: GMI1175
Published Date: Aug 2022
Report Format: PDF

Download Free Sample

Advanced Polymer Composites Market Share

BASF SE
Arkema S.A.
SGL Carbon SE
Kemrock Industries and Exports Limited
Solvay S.A.
Mitsubishi Rayon Co. Ltd.
Toray Industries Inc.

are among the leading companies in the global advanced polymer composites market. Strategic alliances, acquisitions, and mergers will help these organizations expand business opportunities, make effective use of advanced composites and bolster customer base across regions. For example, in July 2022, Arkema acquired Polimeros Especiales, a leading emulsion resins producer in Mexico. The planned acquisition will strengthen Arkema’s position in the fast-growing regional market.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Global market for advanced polymer composites was more than USD 10.5 billion in 2021 and is estimated to record around 5.9% CAGR during 2022-2030 forecast period.

The advanced polymer composites industry share from the carbon fiber segment will record a 6.6% CAGR through 2030, with key material properties such as excellent rigidity and great tensile strength, which make it suitable for applications in the automotive, marine, and aerospace sectors.

Europe advanced polymer composites industry value will exceed USD 5 billion by 2030, with increased vehicle manufacturing and introduction of supportive government policies to make electric vehicles (EVs).

BASF SE, Arkema S.A., Solvay S.A., SGL Carbon SE, Toray Industries Inc., Mitsubishi Rayon Co. Ltd., Kemrock Industries and Exports Limited, and many others, are among the leading companies in advanced polymer composites market.