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Epoxy Composite Market Share

Report ID: GMI9199
Published Date: Apr 2024
Report Format: PDF

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Epoxy Composite Market Share

Epoxy Composite Market Company Share, (2023)

The substantial growth of the Hexcel Corporation, Gurit Holding AG, Solvay S.A., Hexion Inc. (Momentive Performance Materials Inc.), and Toray Industries, Inc. are prominent players in the epoxy composite market, each contributing significantly to its growth. Hexcel is renowned for its advanced composite materials used in aerospace, defense, automotive, and industrial sectors, driving innovation and technological advancements. Gurit Holding AG offers tailored composite solutions for wind energy, marine, and transportation industries, playing a pivotal role in emerging sectors like renewable energy. Solvay S.A.'s epoxy resins and specialty polymers cater to aerospace, automotive, and electronics, driving market expansion through its focus on innovation and customer collaboration.

Hexion Inc. (Momentive Performance Materials Inc.) provides epoxy solutions for aerospace, automotive, construction, and electronics, emphasizing sustainability and high-performance applications. Toray Industries, Inc., known for its carbon fiber composites, contributes to epoxy composite growth with its focus on research, vertical integration, and global market presence, particularly in lightweighting and structural applications. Together, these companies drive innovation, technological advancements, and market expansion in the epoxy composite industry.

Epoxy Composite Market Companies

Major players operating in the market include:

Aoc, Llc
Ashland Global Holdings Inc.
Gurit Holding Ag
Hexcel Corporation
Hexion Inc.
Huntsman Corporation
Mitsubishi Chemical Corporation
Owens Corning
Sika Ag
Solvay S.A.
Teijin Limited
Toray Industries, Inc.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for epoxy composite was valued at USD 38.1 billion in 2023 and is set to grow at over 7.7% CAGR between 2024 and 2032, due to its unique technical properties and versatile applications.

Epoxy composite industry from the glass type segment reached a revenue of USD 38.1 billion in 2023 and is set to record USD 74.1 billion by 2032, driven by heightened global awareness surrounding environmental sustainability and stringent regulations.

North America epoxy composite market generated a revenue of USD 13.5 billion in 2023 and may reach USD 26.7 billion by 2032, driven by advanced manufacturing capabilities, coupled with a robust infrastructure.

Aoc, Llc, Ashland Global Holdings Inc., Gurit Holding Ag, Hexcel Corporation, Hexion Inc., Huntsman Corporation, and Mitsubishi Chemical Corporation among others.