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The hybrid fabrics market will witness a fast-paced growth due to the cost-saving opportunities it can provide to businesses, since a hybrid fabric could be cheaper than utilizing only one expensive material like carbon fiber. A hybrid option apparently enables better customization according to requirements of the application. Subsequently, manufacturers are anticipated to move towards adoption of hybrid fabrics for making distinct parts of automobiles, aircrafts and wind turbines in regions like Europe, where enhancing structural materials attract vast amount of capital and industry support.According to a May 2019 report by GMI, the hybrid fabrics market size is growing at 15% CAGR & is expected to hit USD 400 million business by 2025. Elaborating further, major European players in the automotive sector have taken steps for finding ways that lower the overall weight of vehicles, and the swelling hybrid fabrics market can allow these efforts to take shape. Light-weight structural components are usually the preferred method for improving the vehicle efficiency, resulting to lower emissions and mitigation of environmental concerns. Carbon fibers, enormously deployed to replace steel parts in cars, entail high cost and currently are being used mostly for luxury vehicles.
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Aerospace & defense application segment is expected to grow at more than 14% CAGR over the forecast timeframe owing to low weight and high strength to aircraft components. Radomes, secondary structures, nacelles and interior paneling systems are made using hybrid fabrics.
Hybrid fabrics market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in square meters and revenue in USD million from 2014 to 2025, for the following segments:
Hybrid Fibers Market, Product By End-User
o Glass/carbon
• Automotive
• Aerospace & defense
• Wind energy
• Sports & recreational equipment
• Others
o Glass/aramid
• Automotive
• Aerospace & defense
• Wind energy
• Sports & recreational equipment
• Others
o Carbon/aramid
• Automotive
• Aerospace & defense
• Wind energy
• Sports & recreational equipment
• Others
o Others
• Automotive
• Aerospace & defense
• Wind energy
• Sports & recreational equipment
• Others
Hybrid Fibers Market, By End User
o Automotive
o Aerospace & defense
o Wind energy
o Sports & recreational equipment
o Others
The above information is provided on a regional and country basis for the following:
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa
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A wide application scope and an increasing customer base has proliferated the global hybrid fabrics market, with augmented demand from the automotive, aerospace, energy, defense and sports industries. The superior properties of these materials, created by combining more than one kind of structural fiber, make them ideal to replace conventional materials like steel across various end-user segments. Other fabric combinations like carbon & aramid and aramid & glass are also finding use in key application areas. As investments towards developing more efficient and eco-friendlier materials surge, the hybrid fabric market can be expected to gather significant momentum over the coming years.
Some of the key players in global hybrid fabrics market includes Hexcel Corporation, Porcher Industries, Kordsa, SGL Carbon, Gurit, Solvay, Royal DSM, Exel Composites PLC, Textum Inc., BGF Industries Inc., Hacotech GmbH, Quantum Composites, Devold Amt As, Colan Australia, Composite Fabrics of America and Fiberpreg GmbH
Browse key industry insights spread across 182 pages with 371 market data tables & 26 figures & charts from the report, “Global Hybrid Fabrics Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
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Partial Table of Contents (ToC) of the report:
Chapter 3. Hybrid Fabrics Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.3.4.1. List of key raw material manufacturers/suppliers
3.3.4.2. List of key manufacturers/distributors
3.3.4.3. List of key existing/potential customers
3.4. Innovation & sustainability
3.4.1. Patent analysis
3.4.2. Raw material analysis
3.4.3. Future trends
3.5. Industry impact forces
3.5.1. Growth drivers
3.5.1.1. Increasing automotive production in Asia Pacific
3.5.1.2. Strong defense investments in the U.S.
3.5.1.3. Growth in commercial airline industry
3.5.1.4. Growing dependency on renewable energy sources
3.5.2. Industry pitfalls & challenges
3.5.2.1. High cost of production
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. China
3.6.3. Europe
3.7. Growth potential analysis
3.8. Regional price trends
3.8.1. Cost structure analysis
3.8.1.1. R&D cost
3.8.1.2. Manufacturing & equipment cost
3.8.1.3. Raw material cost
3.8.1.4. Distribution cost
3.8.1.5. Operating cost
3.8.1.6. Miscellaneous cost
3.8.2. Price by product
3.8.3. Price by end-user
3.9. Competitive landscape, 2018
3.9.1. Company market share analysis, 2018
3.9.2. Brand analysis
3.9.3. Key stakeholders
3.9.4. Strategic dashboard
3.10. Porter’s analysis
3.10.1. Supplier application
3.10.2. Buyer application
3.10.3. Threat of new entrants
3.10.4. Threat of substitutes
3.10.5. Industry rivalry
3.11. PESTEL analysis
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/hybrid-fabrics-market
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Website: https://www.gminsights.com/pressrelease/hybrid-fabrics-market
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