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.
In our report, major marine composite products include glass fiber composites, polymer fiber materials and carbon fiber composites. In this industry, major industry participants are engaged in widening their product portfolio and developing superior quality marine composites to attain sustainability and gain market share.
This report contains market size and forecasts of Marine Composites in global, including the following market information:
Global Marine Composites Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Marine Composites Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Marine Composites companies in 2021 (%)
The global Marine Composites market was valued at 1439.5 million in 2021 and is projected to reach US$ 1946.2 million by 2028, at a CAGR of 4.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Glass Fiber Reinforced Plastics (GFRPs) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Marine Composites include Gurit, Owens Corning, Toray, DuPont, Johns Manville, Hexcel Corporation, Cytec Solvay Group, 3A Composites and Future Pipe Industries, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Marine Composites manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Composites Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Marine Composites Market Segment Percentages, by Type, 2021 (%)
Glass Fiber Reinforced Plastics (GFRPs)
Polymer Fiber Reinforced Plastics (PFRPs)
Carbon Fiber Reinforced Plastics (CFRPs)
Others
Global Marine Composites Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Marine Composites Market Segment Percentages, by Application, 2021 (%)
Powerboats
Sailboats
Cruise Liner
Others
Global Marine Composites Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Marine Composites Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Marine Composites revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Marine Composites revenues share in global market, 2021 (%)
Key companies Marine Composites sales in global market, 2017-2022 (Estimated), (MT)
Key companies Marine Composites sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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