Hybrid Composites Market Driving Factors, Industry Analysis, Investment Feasibility and Trends, Outlook -2023

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Hybrid Composites Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Hybrid Composites Market Research Report-
Forecast to 2023
Hybrid Composites Market - Overview
The Global Hybrid Composites Market is primarily
driven by the increasing use of these composites
in major industries such as aerospace defense,
building construction, automotive
transportation, wind energy, marine, and others.
This can be attributed to the specific advantages
of hybrid composites over conventional composites
such as high strength, stiffness, balanced
bending, thermal distortion stability, improved
fatigue resistance, and improved impact
resistance. Additionally, they are low cost and
lightweight. The increasing demand for
lightweight aircraft and automobile across the
globe owing to stringent regulations for
environment protection by the US Environmental
Protection Agency and the European Chemicals
Agency is one of the primary factors promoting
the growth of Hybrid Composites Market. Rapid
industrialization and urbanization in the
emerging economies of Asia-Pacific have resulted
in increased construction, which is also fueling
market growth. Moreover, the hybrid composites
made from glass and Kevlar are used as a
replacement for expensive fibers like graphite
and boron. Furthermore, the recent technological
advancements associated with the use of composite
hybrid polymers in electronics is expected to
bring in significant opportunities to the
manufacturers in coming years.
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Hybrid Composites Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Hybrid Composites Market has been
segmented by Fiber Type, Resin Type, End-Use
Industry, and Region. By Fiber Type, the Global
Hybrid Composites Market has been segmented into
carbon/glass, carbon/aramid, metal/plastic,
wood/plastic, HMPP/carbon, UHMWPE/carbon, and
others. Although carbon-aramid reinforced epoxy
offers high strength and impact resistance, the
glass-carbon reinforced epoxy is leading the
market owing to its low cost and is extensively
used in high-end vehicles. On the basis of the
Resin Type, the market is segmented into
thermoplastic and thermosetting. The
thermoplastic resin type was dominating the
market in 2017 on account of its ease of
recyclability, low curing time, high strength,
and increased rigidity. Based on End-Use
Industry, the market has been segmented into
aerospace defense, building construction,
automotive transportation, wind energy, marine,
and others. Rapid industrialization and the
increasing commercial and residential building
and construction activities across the globe is
expected to increase the demand for hybrid
composites during the forecast period.
Furthermore, the demand for lightweight
automobile and aircraft dur to pertaining
regulations for environment protection is driving
the market. Complete List of Tables and Figures
_at_ https//www.marketresearchfuture.com/reports/hyb
rid-composites-market-6920

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Hybrid Composites Market Research Report-
Forecast to 2023
Regional Outlook
The Hybrid Composites Market has been analyzed
with respect to five regions, namely,
Asia-Pacific, North America, Europe, Latin
America, and the Middle East Africa. The
market in Asia-Pacific dominated the Global
Hybrid Composites Market in 2017 on account of
the high demand from major end-use industries
such as automotive and construction in the
region. The North American market is expected to
witness significant growth due to the demand from
the aerospace, construction, and automotive
industries. The market in Europe is expected to
drive product demand due to the high production
and trading of automotive parts in countries such
as Germany, UK, France, and Italy.
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Hybrid Composites Market Research Report-
Forecast to 2023
Major Players in this Research

• Hybrid Composites Market Prominent Players
• Royal DSM (the Netherlands)
• SGL Group The Carbon Company (Germany)
• Gurit (Switzerland)
• Hexcel Corporation (US)
• TEIJIN LIMITED (Japan)
• Exel Group World Wide (Finland)
• Solvay (Belgium)
• PlastiComp, Inc. (US)
• Innegra Technologies, LLC (US)
• Quantum Composites (US)

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