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Jul 05 2022 Priti S

Advanced Polymer Composites Market Size & Share to See Modest Growth Through 2025

The global advanced polymer composites market is expected to witness a remarkable expansion at a CAGR of 8% during the period 2021 to 2025 and reach an estimated value of USD 5.25bn by the end of the forecast period.


The rising demand from the wind energy sector as these polymers are used in the making of wind blades and turbines is anticipated to intensify the growth of the advanced polymer composites market.


Researchmoz throws some light on the global advanced polymer composites market such as market size, opportunities, trends, drivers, restraints, product dominance, regional dominance, and competitive edge. 


Factors Driving and Restraining the Market

  • The global advanced polymer composites market is expected to grow owing to increasing demand from the aerospace sector due to the rise in air travel.
  • The rise in demand for air carriers for quicker deliveries and increasing expenditures from the military and defence sector for newer aircraft is expected to amplify the expansion of the global advanced polymer composites market during the forecast years.
  • Rapid urbanization is expected to bolster the expansion of the advanced polymer composites market in the coming years.
  • The modern living and increasing demand for luxury cars and recreational boats such as yachts are anticipated to drive the global advanced polymer composites market during the forecast period.
  • The oil and gas industry is expected to boost the advanced polymer composites market, owing to the demand for replacing metals with polymer composites.
  • The increase in disposable income in the hands of consumers is projected to expand the global advanced polymer composites market during the forecast period.


Some of the prominent players involved in the global advanced polymer composites market are –

  • Kemrock Industries
  • Mitsubishi Rayon,
  • Owens Corning
  • Toray Industries
  • SGL Carbon
  • Hexcel
  • Arkema
  • Cytec Industries
  • Cristex
  • BASF


Product/Type Disposition (Revenue in USD million)

  • Glass
  • Carbon
  • Aramid


End-User Disposition (Revenue in USD million)

  • Aerospace
  • Automotive
  • Marine
  • Energy
  • Others


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Regional Disposition 


·         North America (United States, Canada, Mexico)

·         Europe (Germany, UK, France, Italy, Spain, Others)

·         Asia-Pacific (China, Japan, India, South Korea, Southeast Asia, Others)

·         The Middle East and Africa (Saudi Arabia, UAE, South Africa, Others)

·         South America (Brazil, Others)

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Priti S

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