Global Hybrid Fabric Market, By Fiber Type (Glass/Carbon, Carbon/Uhmwpe, Glass/Aramid (Kevlar), Carbon/Aramid (Kevlar), Others), Form (Composite Form, Non-Composite Form), End-User (Automotive and Transportation, Aerospace and Defense, Wind Energy, Sports and Recreational, Consumer Goods, Others) – Industry Trends and Forecast to 2029.
Hybrid Fabric Market Analysis and Size
Hybrid fabrics market is projected to grow at a healthy rate during the forecast period. Furthermore, hybrid fabric is highly appropriate for use in transportation, automobile and aerospace industries because in these industries require lightweight materials with flammability and high strength performance. The construction and building sectors are anticipated to be the rapidly developing sectors of the hybrid fabric market globally.
Data Bridge Market Research analyses that the hybrid fabric market was valued at USD 271.47 million in 2021 and is expected to reach USD 896.15 million by 2029, registering a CAGR of 16.10% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Hybrid Fabric Market Scope and Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD million, Volumes in Units, Pricing in USD
Fiber Type (Glass/Carbon, Carbon/Uhmwpe, lass/Aramid (Kevlar), Carbon/Aramid (Kevlar), Others), Form (Composite Form, Non-Composite Form), End-User (Automotive and Transportation, Aerospace and Defense, Wind Energy, Sports and Recreational, Consumer Goods, Others)
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered
Quantum Fabric (U.S.), Textum OPCO, LLC (U.S.), Fabric Evolution (U.K.), DEVOLD AMT (Norway), Taiyuan Heavy Industry Co.,Ltd (China), STRUCTeam (U.K.), RTP Company (USA), G. Angeloni s.r.l (Italy)., Talon Technology Co.,Ltd (U.S.)., Rock West Fabric, Inc (U.S.)., COLAN AUSTRALIA, (Australia), CIT Composite Materials Italy (Italy), SGL Carbon (Germany), Gurit (Switzerland), Hexcel Corporation (U.S.), Exel Fabric (Finland), General Electric (U.S.), Solvay (Belgium), LANXESS (Germany), Avient Corporation(U.S.), Aerodyn GmbH (Germany), C. Cramer, Weberei, GmbH and Co. K.G. (Germany), Innegra Technologies, LLC (U.S.), Teijin Aramid B.V (Japan)
Hybrid fabric are those fabric that have a combination of two or more reinforcement fibres.
The most common hybrid fabric is glass-carbon reinforced epoxy because it gives a strong material at reasonable costs. Using carbon-aramid reinforced epoxy increases the combined strength and impact of resistance. Hybrid fabric are commonly used when lateral as well as longitudinal mechanical performances are required and when a combination of properties of different kinds of fibres wants to be achieved,
Global Hybrid Fabric Market Dynamics
- Increasing demand of hybrid fabric in automotive sector
The automobile manufacturers such as BMW, Merced’s, Audi, and Volkswagen have already used this fabric to make the automobile's exterior and interior parts. The evolution of several type of hybrid fabric in automotive applications for instance, in application of automotive piston, development of environmental friendly automotive, anti-roll bar brake friction material for medium duty automotive application, and low-velocity impact response of hybrid carbon/glass fiber-reinforced polymer fabric, are some factors which is expected to increase the growth of the hybrid fabric market.
- Rising demand of hybrid fabric due to water absorption property
The water absorption property of these fabrics decrease the bonding between the fibers and matrix, which leads to reduction in the properties of fabric. So the fibre reinforced fabric can be used in those areas in which we need the less interactions of product with water. This property of fibres can be reduced by the help of chemical treatment which will boost the demand of the hybrid fabric in the market.
- High usage in defence and aerospace sector
The growing demand of hybrid fabric from defence and aerospace sector will generate exceptional demand for the product. In current period, increase the use of hybrid fabric in the aerospace market especially in those aerospace equipment which requires ultra-edge fabric to sustain the product is also the major reason for the excellent revenue growth of the hybrid fabric market.
- Growing demand of hybrid fabric in several application
The increasing application of hybrid fabric will create lucrative opportunities for the growth of the hybrid fabric market due to this increase the adoption of hybrid fabric into several end user industries. Increase in demand for hybrid fabrics in several end user industries such as transportation and automotive, wind energy and sports and recreation industries is anticipated to increase the global hybrid fabric market in upcoming period.
Moreover, upsurge in emerging new market and strategic collaborations will act as market drivers and further increase useful opportunities for the market's growth rate.
- High cost associated with market
High technology cost and high manufacturing cost of hybrid fabric will hinder the growth rate of the hybrid fabric market during forecast period.
Furthermore, moisture absorption of these fibres are very high which leads to decrease the bond between matrix and the fibre, Also, Poor fire resistance and time consuming are some other factors which is projected to hamper the growth of the potential market.
This hybrid fabric market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the hybrid fabric market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Hybrid Fabric Market
The emergence of the covid-19 pandemic has affected several developed and developing countries, Oxygen beds, Staff, medicines, and ventilators are all in short supply in the hospital. Due to the outbreak of covid-19 disrupted the supply chains, production activities being also disrupted in many countries, all these factors have adverse effects on the hybrid fabric market. However, post Covid-19 situation will favor the market because new developments will take place during the forecast period.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Hybrid Fabric Market Scope
The hybrid fabric market is segmented on the basis fiber type, form and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Glass/Aramid (Kevlar)
- Carbon/Aramid (Kevlar)
- Composite Form
- Non-Composite Form
- Automotive and Transportation
- Aerospace and Defense
- Wind Energy
- Sports and Recreational
- Consumer Goods
Hybrid Fabric Market Regional Analysis/Insights
The hybrid fabric market is analysed and market size insights and trends are provided by country, fiber type, form and end-user as referenced above.
The countries covered in the hybrid fabric market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the hybrid fabric market in terms of revenue and market share. This is due to the presence of major aerospace and defence and automotive equipment manufacturers in this region
Asia-Pacific is anticipated to be the fastest developing region during the forecast period of 2022-2029 due to the continuous advancement and product innovations of new hybrid fabric products in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Hybrid Fabric Market Share Analysis
The hybrid fabric market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to hybrid fabric market.
Some of the major players operating in the hybrid fabric market are:
- Quantum Fabric (U.S.)
- Textum OPCO, LLC (U.S.)
- Fabric Evolution (U.K.)
- DEVOLD AMT (Norway)
- Taiyuan Heavy Industry Co.,Ltd (China)
- STRUCTeam (U.K.)
- RTP Company (U.S.)
- G. Angeloni s.r.l (Italy)
- Talon Technology Co.,Ltd (U.S.).
- Rock West Fabric, Inc (U.S.)
- COLAN AUSTRALIA, (Australia)
- CIT Composite Materials Italy (Italy)
- SGL Carbon (Germany)
- Gurit (Switzerland)
- Hexcel Corporation (U.S.)
- Exel Fabric (Finland)
- General Electric (U.S.)
- Solvay (Belgium)
- LANXESS (Germany)
- Avient Corporation (U.S.)
- Aerodyn GmbH (Germany)
- C. Cramer, Weberei, GmbH and Co. KG (Germany)
- Innegra Technologies, LLC (U.S.)
- Teijin Aramid B.V (Japan)
Research Methodology: Global Hybrid Fabric Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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