Hybrid Fabric Market By Type, By Application, and By Region :Industry Analysis, Market Share,Revenue Opportunity,Competition and Forecast 2020-2027

 

Market Overview:

The Hybrid Fabric is the type of fabrics that consist more than one type of structural fiber. These are the specialty fibers are mainly manufactured by using different combinations of carbon, aramid, glass and other high-strength fibers in the form of layers. Such fabrics are primarily differentiated from the other fibers and fabrics on the basis of the special technical functions that require specific performance properties such as high strength and durability, excellent resistance to heat, flame and chemical agents. Some of the major consumers of this product are automotive, aerospace & defense industry and energy and transportation sector. The Global Hybrid Fabric Market is estimated to grow at a healthy CAGR of more than 15% to reach over USD 450 million in 2023. This is mainly attributed to the growing demand from major end-use industries namely automotive, aerospace & defense, and wind energy. For instance, the global market for core materials for aerospace industry is estimated to reach over 43 billion USD by 2023, which in turn is anticipated to fuel the demand for the product during the forecast period.

 

Competitive Analysis:

The leading players in the Global Hybrid Fabric Market are Koninklijke DSM N.V. (The Netherlands), Gurit (Switzerland), Hexcel Corporation (US), Solvay (Belgium), BGF Industries, Inc. (US), Exel Composites (Finland), SGL Group (Germany), Textum Inc. (US), HACOTECH Gmbh (Germany), and Arrow Technical Textiles Pvt. Ltd. (India), among others.

 

Get Complete Report @ 

https://www.marketresearchfuture.com/reports/hybrid-fabric-market-7641

 

Market Segmentation:

Based on Combination, the Global Hybrid Fabric Market has been segmented into carbon-aramid, aramid-glass, carbon-glass, carbon-UHMWPE, and others. Among them carbon-glass hybrid fabric is estimated to grow at the highest CAGR owing to surging demand from the high-end vehicles to reduce the overall cost of an automobile. Additionally, there is high growth in demand for the Hybrid Fabric based-composites in the automotive, wind energy, and defense industries.

By Form, the composite segment held the largest market share in 2017 owing to the high strength-to-weight ratio offered by this form.

By End-Use Industry, the Global Hybrid Fabric Market has been categorized into automotive, aerospace & defense, wind energy, consumer goods, sports & leisure, and others. The automotive sector accounted to the major market share in 2017 on account of the surging demand for the product in various automotive applications such as body parts, front body fascia, and interior. Additionally, increasing demand from the rapidly growing renewable energy sector in developing regions on the backdrop of increasing installations is anticipated to propel the market growth during the forecast period.

 

Regional Analysis:

The Global Hybrid Fabric Market has been segmented across five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. This healthy growth of the market in this region is attributed to the rising product demand in the major end-users in this region namely automotive and wing energy. This is expected to fuel the market growth in the region during the assessment period.

Europe and North America are expected to witness moderate growth during the forecast period. However, they account for the considerable market share in 2017, mainly due to the high consumption for the advanced light materials in automotive and aerospace industry in these regions. The Middle East & Africa and Latin America held lower of share in this market in 2017.

 

Request For Sample Report Here @

https://www.marketresearchfuture.com/sample_request/7641

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

 

Contact:

Market Research Future

Phone: +16468459312

Email: sales@marketresearchfuture.com

 

Read More Related Article:

https://www.marketresearchfuture.com/reports/cyclohexane-market-1090

 

https://www.marketresearchfuture.com/reports/aromatics-market-930

 

https://www.marketresearchfuture.com/reports/phosgene-market-1184

 

https://www.marketresearchfuture.com/reports/protective-fabrics-market-876

Comments

Post a Comment

Popular posts from this blog

Middle East and North Africa Metallic Stearates Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Metallic stearates, widely used in various industries, are compounds derived from stearic acid and metal salts. These versatile substances find their applications in numerous sectors, including plastics, rubber, cosmetics, pharmaceuticals, and paints. With their exceptional lubricating, stabilizing, and anti-blocking properties, metallic stearates have witnessed a significant surge in demand, fueling the growth of the   Middle East and North Africa   metallic stearates market. The continuous development in the industry and the increasing investment in the industry, where the market value is expected to reach over USD 5.4 billion by the year 2030 with a CAGR of 5.4% during the forecast period. Expanding Applications : The  Middle East and North Africa metallic stearates market  has experienced remarkable growth due to the expanding applications across several industries. In the plastics industry, metallic stearates act as lubricants, preventing the me...
Read more

Middle East and North Africa Purging Compound Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  The  Middle East and North Africa purging compound market  has witnessed significant growth in recent years, owing to its crucial role in optimizing the efficiency and cleanliness of polymer processing equipment. This article delves into the key factors driving the market's expansion and highlights the benefits of using purging compounds in various industrial applications. Enhancing Operational Efficiency : Purging compounds play a pivotal role in ensuring the smooth operation of polymer processing equipment, such as extruders, Molded Pulp Packaging , and blow molding machines. By effectively removing color, contaminants, and residues from the machinery, purging compounds enable quick transitions between different materials, reducing downtime and improving productivity. Manufacturers can minimize material waste and achieve cost savings by utilizing purging compounds during color changes, material switches, and machine shutdowns. Efficient Cleaning Mechani...
Read more

Middle East and North Africa Polyurethane Dispersion Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Polyurethane dispersion (PUD) has emerged as a versatile and environmentally friendly alternative to traditional solvent-based coatings and adhesives. With its unique properties and applications across various industries, polyurethane dispersion has gained significant traction in recent years. This article explores the growing popularity of  Middle East and North Africa polyurethane dispersion market , its advantages, applications, and the future prospects of this remarkable material. polyurethane dispersion market Size was valued at USD 2.2 billion in 2021. The polyurethane dispersion market industry is projected to grow from USD 2.3 Billion in 2022 to USD 3.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.25% during the forecast period (2022 - 2030).  The Advantages of Polyurethane Dispersion: Environmental Friendliness: One of the primary advantages of polyurethane dispersion is its eco-friendly nature. Unlike solvent-based coatings, PUDs ...
Read more