Frequently Asked Questions
The market is segmented based on , By Composite Type (Metal Matrix Composite, Ceramic Matrix Composite, and Polymer Matrix Composite), Fiber Type (Glass Fiber, Carbon Fiber, Natural Fibers, and Others), Resin Type (Polyester, Vinyl Ester, Epoxy, Thermoplastic, Phenolic, Acrylic, and Others), Vessel Type (Power Boats, Sailboats, Cruise Ships, Cargo Vessels, Naval Boats, Jet Boats, Personal Watercraft, and Others) - Industry Trends and Forecast to 2023 to 2031.
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The Global Marine Composites Market size was valued at USD 5.43 USD Billion in 2023.
The Global Marine Composites Market is projected to grow at a CAGR of 7.4% during the forecast period of 2024 to 2031.
The major players operating in the market include Owens Corning (U.S.), SGL Group - The Carbon Company (Germany), TORAY INDUSTRIES, INC. (Japan), Cytec Solvay Group (Belgium), Mitsubishi Chemical Corporation (Japan), TEIJIN LIMITED. (Japan), Hexcel Corporation (U.S.), DuPont (U.S.), HYOSUNG (South Korea), Gurit (U.K.), ZOLTEK (U.S.), Premier Composite Technologies (PCT) (UAE), PJSC TATNEFT (Russia), ADVANCED CUSTOM MANUFACTURING (U.S.), Aeromarine Industries Ltd (Canada), Airborne (Netherlands), Composites One (U.S.), Hexion (U.S.), Marine Concepts/Design Concepts (U.S.), Airex AG (Switzerland), Fleming Marine Composites (U.S.), Multimarine Manufacturing Ltd (U.K.).
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.