Hybrid Composites Market 2028 by Types, Application, Technology, Opportunities, End Users and Regions | The Insight Partners

Hybrid composites are usually used in a combination of two or more reinforcement fibers. The hybrid composites refer to composites with either multiple fiber materials or multiple matrix materials. For instance, two types of continuous fibers such as, glass fiber and carbon fiber are laced together to exploit the high toughness of the glass fiber and the high absolute value of the carbon fiber. In addition, carbon fiber used in a combination with polymer composites that is widely used in many engineering fields where high mechanical properties and lightweight are required. The hybrid composites market is anticipated to grow with a significant rate in the coming years, due to increasing demand for lightweight materials, which reduce the weight of vehicles and wind blades. However, increased demand from the automotive & transportation and wind energy end-use industries is anticipated to offer more growth opportunities for the players operating in the hybrid composites market.

The "Global Hybrid Composites Market Analysis to 2028" is a specialized and in-depth study of the chemical industry with a focus on the global market trend. The report aims to provide an overview of global market with detailed market segmentation by resin, fiber type, end user and geography. The global hybrid composites market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hybrid composites market players and offers key trends and opportunities in the market. The global hybrid composites market is segmented on the basis of resin, fiber type, and end user. Based on resin, the hybrid composites market is segmented as, thermoplastic hybrid composite, and thermoset hybrid composite. On the basis of fiber type, the market is categorized into, UHMWPE/carbon hybrid composites, HMPP/carbon hybrid composites, aramid (Kevlar)/carbon hybrid composites, carbon/glass & glass/carbon hybrid composites, and others. Based on the end user, the hybrid composites market is categorized into, Marine, sporting goods, automotive & transportation, wind energy, aerospace & defense, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global hybrid composites market based on resin, fiber type, and end user. It also provides market size and forecast till 2028 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The hybrid composites market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region. North America is expected to contribute to the largest share in the hybrid composites market in the coming years, due to increasing demand for high performance structural materials and balance in cost and performance offered by the hybrid composites. However, Asia Pacific is expected to witness significant growth in the market during the forecast period, owing to increased used in various end-use industries such as, transportation, aerospace & defense, sporting goods, and wind energy in the region.

The report analyzes factors affecting hybrid composites market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the hybrid composites market in these regions. The report also includes the profiles of key hybrid composites manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years. Some of the key players operating in the hybrid composites market include, SGL Carbon SE, Hexcel Corporation, TEIJIN LIMITED, Exel Group World Wide, Gurit, Solvay, Innegra Technologies, LLC, GENERAL ELECTRIC, PlastiComp, Inc., and Royal DSM N.V among others.