2018-2023 Global Marine Composites Consumption Market Report

Published: July 2018
No. of Pages: 183
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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Marine Composites market for 2018-2023.

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.
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 worldÂ’s large enterprises are mainly concentrated in these regions.
Over the next five years, LPI(LP Information) projects that Marine Composites will register a 4.6% CAGR in terms of revenue, reach US$ 1520 million by 2023, from US$ 1160 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Composites market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:
- Glass Fiber Reinforced Plastics (GFRPs)
- Polymer Fiber Reinforced Plastics (PFRPs)
- Carbon Fiber Reinforced Plastics (CFRPs)
- Others
Segmentation by application:
- Powerboats
- Sailboats
- Cruise Liner
- Others

This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- 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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
- To study and analyze the global Marine Composites consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Marine Composites market by identifying its various subsegments.
- Focuses on the key global Marine Composites manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Marine Composites with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Marine Composites submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

Published By: LP Information INC
Product Code: LP Information INC29698


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