Global High-Temperature Composite Materials Strategic Business Report 2023: Hypersonic Aircrafts to Spur Demand


Dublin, May 11, 2023 (GLOBE NEWSWIRE) -- The "High-Temperature Composite Materials: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for High-Temperature Composite Materials estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$8.1 Billion by 2030, growing at a CAGR of 7.5% over the analysis period 2022-2030.

CMC, one of the segments analyzed in the report, is projected to record a 7.8% CAGR and reach US$3.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the MMC segment is readjusted to a revised 7.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 9.2% CAGR

The High-Temperature Composite Materials market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$838.8 Million by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.

Select Competitors (Total 57 Featured) -

  • BASF SE
  • Henkel AG & Co. KGaA
  • Hexion Inc.
  • Kyocera Unimerco A/S
  • Nippon Carbon Co., Ltd.
  • Renegade Materials Corporation
  • Schweiter Technologies AG
  • SGL Carbon SE
  • Solvay S.A.
  • Toray Advanced Composites
  • Ube Industries, Ltd.

Key Attributes:

Report AttributeDetails
No. of Pages354
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$4.5 Billion
Forecasted Market Value (USD) by 2030$8.1 Billion
Compound Annual Growth Rate7.6%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • High-Temperature Composite Materials - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Need for Advanced Materials, the Cornerstone for Innovation & Growth of High Temperature Composite Materials
  • Everything is Made Up of Something: Robust Opportunity for Advanced Materials, the Foundation for Growth in the High Temperature Composites Market: Global Market for Advanced Materials (In US$ Billion) for Years 2020, 2022 and 2024
  • Year 2020 Has Been a Year of Astounding Disruption & Unbelievable Transformation
  • COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
  • The First Vaccines Are Here! Will It Change the Existing Economic Realities? & Is it Really the Silver Bullet We Were Waiting For?
  • How Are Major End-Use Industries for High Temperature Composite Materials Impacted by the Pandemic & What's the New Normal?
  • Military & Defense Industry
  • Global Defense & Related Technologies Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Aerospace & Aviation
  • Global Aerospace & Aviation Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Transportation
  • Global Transportation Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Energy & Power
  • Global Energy Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Electronics & Electrical (E&E)
  • Global Electrical & Electronics Equipment Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • High Temperature Composites Materials: Definition, Scope, Types, Applications, Research & Development
  • Recent Industry Activity
  • Innovations
  • World Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Hypersonic Aircrafts to Spur Demand for Ultra-High-Temperature Composite Materials
  • As the Race to Leverage Emerging Opportunities in Hypersonics Begins, Material Innovations Remain Crucial in Breaking New Barriers: Global Market for Hypersonic Missiles (In US$ Million) for Years 2020, 2022, 2024, 2026
  • Lightweighting in Aerospace Components & Systems to Drive Growth in the Market
  • Global Fleet of Commercial Aircraft in 2036 by Region (in Units)
  • Aging Aircraft Expand Opportunities for Engineering Materials
  • Fleet Upgrades & New Aircraft Manufacturing Opportunities to Open Parallel Growth Opportunities for High Temperature Composite Materials: Global Average Aircraft Fleet Age (In Years) by Geographic Region/Country for Cumulative Period 2018-2023 and 2023-2028
  • Robust Opportunities Emerge in Energy Storage Applications
  • Why Energy Storage is Growing in Popularity?
  • Here's How High-Temperature Composites Can Revolutionize Energy Storage
  • Technological Advances Especially in Materials Remain Important in Driving Energy Storage Capacity Additions: Energy Storage Capacity Worldwide (In Gigawatt Hours) for Years 2020, 2025 & 2030
  • Growing Demand for High Temperature Electronics to Drive New Opportunities for High Temperature Ceramic Composites
  • Ceramic Matrix Composites (CMC), the Most Popular Type of High Temperature Composites
  • CMCs In Aerospace
  • Why Metal Matrix Composites (MMC) Are Finally Becoming the Material of Choice for Manufacturers
  • Continuous Innovations Will Be the Way Forward

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/okyvqg

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Global Market for High-Temperature Composite Materials

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