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Hybrid Fabrics Market Share
Companies include, Gurit, Hexcel Corporation, Exel Composites Plc, Toray Industries, Inc., and SGL Carbon are significant contributors to the global market. Gurit is renowned for its advanced composite materials, enhancing performance in aerospace and wind energy sectors. Hexcel Corporation excels in providing high-strength, lightweight hybrid fabrics used extensively in aerospace and automotive applications. Exel Composites Plc offers innovative composite solutions, including hybrid fabrics that improve durability and efficiency in transportation and renewable energy. Toray Industries, Inc. supplies high-performance hybrid fabrics for various industries, including aerospace, where their materials support advanced structural applications. SGL Carbon is known for its high-quality carbon and hybrid fabrics that deliver superior strength and thermal resistance, benefiting automotive and industrial applications.
Hybrid Fabrics Market Companies
Top companies operating in the hybrid fabrics industry include:
- Gurit
- Hexcel Corporation
- Exel Composites Plc
- Toray Industries, Inc.
- SGL Carbon
- Mitsubishi Chemical Corporation
- Solvay S.A.
- Teijin Limited
- Axiom Materials Inc.
- Zoltek Companies, Inc.
Who are the major hybrid fabrics industry players?
Gurit, Hexcel Corporation, Exel Composites Plc, Toray Industries, Inc., SGL Carbon, Mitsubishi Chemical Corporation, Solvay S.A., Teijin Limited, Axiom Materials Inc., and Zoltek Companies, Inc.
What is the size of the APAC hybrid fabrics industry?
Asia Pacific hybrid fabrics market is projected to achieve USD 429 million by 2032 owing to the robust growth of the automotive and industrial sector
What is the value of the hybrid fabrics market?
Global hybrid fabrics industry size was USD 426.1 million in 2023 and will grow at 15.2% CAGR from 2024 to 2032 due to the growing demand for automobiles coupled with the increasing government participation in the development of renewable energy sector
Why is the demand for hybrid fabrics rising in aerospace & defense?
The aerospace & defense segment held 38.9% of the hybrid fabrics market share in 2023, led by higher usage of lightweight and high strength products