Based on current analysis, the global marine composite market was valued at USD 3672.8 million in 2018 and is expected to reach USD 6166.9 million by 2026, at a CAGR of 6.7%

New York, NY -- (SBWire) -- 06/14/2019 --Marine composites provide excellent strength to weight ratios, make materials resistant to corrosion, require low maintenance cost and improves flexibility. North America is dominating the marine composites market and is likely to remain the revenue generating region during the forecast period. Composite materials are those materials in which strengthening material like carbon fibers, fiberglass or aramid fibers are reinforced in a resin to make a much stronger material with improved material properties for different applications.

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Scope of the Report:
The research methodologies used for evaluating the Marine Composite market are inventive and also provides enough evidence on the demand and supply status, production capability, import and export, supply chain management and investment feasibility. The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.

Market Segment by manufacturers, the report covers the following companies:
Owens Corning, SGL Group – The Carbon Company, TORAY INDUSTRIES, INC., Cytec Solvay Group, Mitsubishi Chemical Corporation. TEIJIN LIMITED., Hexcel Corporation, HYOSUNG, Gurit (UK), ZOLTEK, Premier Composite Technologies (PCT), Aeromarine Industries Ltd, Airborne, Composites One, Hexion, Marine Concepts / Design Concepts, , Fleming Marine Composites, among others.

Segments covered in this market study
This report about global marine composite market forecasts revenue growth at a global, regional and country level also, provides an analysis on the industry trends in each of the sub segments from 2016 to 2026. For the purpose of this study, the market is segmented on the basis of fiber type, resin type, composite type, end users and regions:

Fiber type (Revenue, USD Million; 2016–2026)
- Glass Fiber
- Carbon Fiber
- Aramid
- Natural Fibers
- Others

Resin Type (Revenue, USD Million; 2016–2026)
- Polyester
- Vinyl Ester
- Epoxy
- Thermoplastic
- Phenolic
- Acrylic
- Others

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Composite Type (Revenue, USD Million; 2016–2026)
- Polymer Matrix Composite (PMC)
- Ceramic Matrix Composite (CMC)
- Metal Matrix Composite (MMC)
- Other

Vessel Type (Revenue, USD Million; 2016–2026)
- Power Boats
- Sailboats
- Cruise Ships
- Cargo Vessels
- Naval Boats
- Jet Boats
- Personal Watercraft
- Others

Regional Outlook (Revenue in USD Million; 2016–2026)
- North America
o U.S.
o Canada
- Europe
o Germany
o France
o UK
o Spain
o Italy
o Rest of the Europe
- Asia Pacific
- China
o India
o Japan
o Rest of Asia-Pacific
- Middle East & Africa
- Latin America
o Brazil

Estimating the potential size of the Marine Composite industry:
Industry experts conducting the study further estimate the potential of the Marine Composite industry. Such information is important for firms looking to launch an innovative service or product on the market. Industry experts have measured the total volume of the given market. Researchers have calculated the industry in terms of sales by the competitors and end-user – customers. Data on the entire size of the Marine Composite market for a particular product or a service for the forecast period, 2019 to 2026 covered in the report makes it valuable. This information reveals the upper limit of the Marine Composite industry for a specific product or service.

The research provides answers to the following key questions:
- What is the estimated growth rate of the Marine Composite market for the forecast period 2019 - 2026? What will be the market share and size of the industry during the estimated period?
- What are prime factors expected to drive the Marine Composite industry for the estimated period?
- What are the major market leaders and what has been their winning strategy for success so far?
- What are the significant trends shaping the growth prospects of the Marine Composite market?
- What are the key challenges expected to restrict the progress of the industry for the forecast period, 2019 - 2026?
- What the opportunities product owners can bank on to generate high profits?

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Table of Contents

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Global Marine Composite Segmentation & Impact Analysis

Chapter 5. Global Marine Composite Market by Fiber Type Insights & Trends

Chapter 6. Global Marine Composite Market by Resin Fiber Type Insights & Trends

Chapter 7. Global Marine Composite Market By Composite Fiber Type Insights & Trends

Chapter 8. Global Marine Composite Market by vessel Fiber Type Insights & Trends

Chapter 9. Global Marine Composite Market Regional Outlook

Chapter 10. Competitive Landscape

Chapter 11. Company Profiles

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