Marine Composites Market PDF 2021-2026: Size, Share, Trends, Analysis & Research Report

1. Global Marine Composites Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Marine Composites Market Outlook 2026: According to the latest report by IMARC Group, titled "Marine Composites Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global marine composites market size reached a value of US$ 4.4 Billion in 2020. Marine composites refer to a combination of two or more fibers and resin materials that assist in enhancing the physical and chemical properties of marine components. They are majorly used to attribute proper shape with enhanced strength and improved material properties to the parts. They provide the components with excellent corrosion resistance that enables them to withstand high water pressure at great depths and provide water-tight seals. Some of the commonly utilized marine composites include wood fibers, fiberglass, ferrocement, glass- reinforced plastic, carbon composites and aramid fiber. They are widely used during the assembling of sailboats, cruise ships, recreational boats and submarines. Request for a free sample report: https://www.imarcgroup.com/marine-composites- market/requestsample

4. Report Description and Highlights Report Description Global Marine Composites Market Trends: The global market is primarily driven by the rapid expansion of the maritime sector across the globe, coupled with the widespread popularity of marine tourism and the rising demand for lightweight sailboats and cruise vessels. Fiber marine composites are increasingly utilized for the manufacturing of various marine parts to improve the overall efficiency and performance of the vehicles. Along with this, there has been a considerable increase in the demand for high-speed and luxurious recreational boats on the global level. These vehicles extensively employ the use of high-quality marine composites as they offer flexibility in designs, excellent strength-to-weight ratio and enhanced fuel efficiency with improved noise damping features. Catalyzed by the inflating disposable income levels of the masses, shifting lifestyle preferences and significant growth in the tourism sector across the globe, this is expected to create a positive outlook for the market.

5. Report Description Report Description and Highlights The market is further driven by the increasing integration of renewable materials and vacuum infusion in the manufacturing of marine composites as they offer improved stiffness and excellent resistance to impact, moisture and abrasion. Some of the other factors contributing to the market growth include increasing transportation cargo activities across borders and the rising preference for marine vehicles with lesser carbon emissions. Market Summary: Breakup by Composite Type: • Metal • Ceramic and polymer matrix composites Breakup by Fiber Type: • Glass • Carbon • Aramid • Other fibers On account of the aforementioned factors, the market is expected to witness moderate growth during 2021-2026.

6. Report Description Report Description and Highlights Breakup by Resin Type: • Polyester • Vinyl ester • Epoxy • Thermoplastic • Phenolic • Acrylic Breakup by Vessel Type: • Power boats • Sailboats • Cruise ships Breakup by Region: • North America • Europe • Asia Pacific • Latin America • Middle East and Africa

7. Report Description and Highlights Report Description Competitive Landscape With Keyplayer: • 3A Composites GmbH • E. I. Du Pont De Nemours and Company • GMS Composites • Gurit AG • Hexcel Corporation • Hyosung Marine Co. Ltd. • Owens Corning • Solvay SA • SGL Carbon SE • Teijin Limited • Zoltek Corporation View Report TOC, Figures and Tables : https://www.imarcgroup.com/marine-composites-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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