Marine Composites Market Size in Global Industry : Technology, Applications, Growth and Status 2018-2023

ResearchMoz presents professional and in-depth study of "Global Marine Composites Market by Manufacturers, Regions, Type and Application, Forecast to 2023".

The marine market is the most deeply penetrated of all end markets served by the composites industry. Yachts, sailboats and other boats use lots of marine composites. For decades, composites have been the material of choice for marine manufacturers to build beautiful and innovative boats, ships, pipes and personal watercraft.

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Scope of the Report:

This report focuses on the Marine Composites in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The composites have been the material of choice for marine manufacturers to build beautiful and innovative boats, ships, pipes and personal watercraft. Marine composites are an integral part of the marine industry. As the marine material downstream application, Powerboats is its largest downstream market, which took up 51.66% of the consumption in 2015.

In 2015, the global marine composites market is led by USA, Europe and China, where the Gurit is an important producer. USA is the largest production region of marine composites in the world in the past few years and it will keep the same position in the next five years. The USA market took up about 49.87% in the global production market in 2015. Europe is the second-largest region-wise market.

The market has reached saturation levels in the USA and Europe regions, while it is expanding in emerging economies such as the Asia-Pacific, Middle East, and Latin American regions. The worlds large enterprises are mainly concentrated in these regions.

The worldwide market for Marine Composites is expected to grow at a CAGR of roughly 4.6% over the next five years, will reach 1520 million US$ in 2023, from 1160 million US$ in 2017, according to a new GIR (Global Info Research) study.

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Market Segment by Manufacturers, this report covers
Gurit
Owens Corning
Toray
DuPont
Johns Manville
Hexcel Corporation
Cytec Solvay Group
3A Composites
Future Pipe Industries
SGL Group
National Oilwell Varco
Janicki Industries
Marine Plastics
Jiumei Fiber Glass
PE Composites
Pipe Composites
Aeromarine Industries
Teijin
AGC
Mitsubishi Rayon
PPG
TenCate

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Glass Fiber Reinforced Plastics (GFRPs)
Polymer Fiber Reinforced Plastics (PFRPs)
Carbon Fiber Reinforced Plastics (CFRPs)
Others

Market Segment by Applications, can be divided into
Powerboats
Sailboats
Cruise Liner
Others

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There are 15 Chapters to deeply display the global Marine Composites market.
Chapter 1, to describe Marine Composites Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Marine Composites, with sales, revenue, and price of Marine Composites, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Marine Composites, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Marine Composites market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Marine Composites sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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Marine Composites market grow tremendously at a CAGR of about 6.04% by 2020

ResearchMoz presents professional and in-depth study of "Global Marine Composites Market 2016-2020".

Marine composites are used extensively in the construction of ships and marine structures. These composites have a higher stiffness and strength by weight than most other materials, including metals, such as steel and aluminum. These are used in various parts of a commercial or pleasure craft. The result is a lighter craft that can achieve a higher rate of speed than the same type of craft constructed with aluminum or steel.

Technavios analysts forecast the global marine composites market to grow at a CAGR of 6.04% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global marine composites market for 2016-2020. To calculate the market size, the report considers the consumption of marine composites products for applications in powerboats, sailboats, cruise ships, and others (personal watercraft and race boats).

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

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Technavio's report, Global Marine Composites Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
3A Composites
Cytec
DuPont
Mitsubishi Rayon (MRC)
Owens Corning

Other prominent vendors
Gurit
Hexcel
SGL Group
Teijin
Toray Industries

Market driver
High demand from small boats
For a full, detailed list, view our report

Market challenge
Disadvantages of marine composites
For a full, detailed list, view our report

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Market trend
Recovery of boat manufacturing industry
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

For More Information Kindly Contact:

ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow me on Blogger at: http://mymarketresearchlifereports.blogspot.in/