輸送用複合材市場 : 2029年までの世界予測

Transportation Composites Market - Global Forecast to 2029

輸送用複合材市場 : 樹脂(熱可塑性樹脂&熱硬化性樹脂)、製造プロセス、繊維、用途(内装、外装)、輸送タイプ(航空、道路、鉄道、水路)、地域別 - 2029年までの世界予測
Transportation Composites Market by Resin (Thermoplastic and Thermoset), Manufacturing Process, Fiber, Application (Interior, Exterior), Transportation Type (Airways, Roadways, Railways, Waterways), and Region - Global Forecast to 2029
出版年月2024年6月
ページ数307
図表数425
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global transportation composites market is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.7% from 2024 to 2029, with a projected value of USD 81.4 billion by 2029, up from USD 44.7 billion in 2024.

世界の輸送用複合材市場は、2024年から2029年にかけて年平均成長率(CAGR)12.7%で成長すると予想されており、2024年の447億米ドルから2029年までに814億米ドルに達すると予測されています。

輸送用複合材市場 : 2029年までの世界予測

These composites are widely used in many different industries, including the automotive, marine, and aerospace and defense sectors. Their extraordinary properties—such as great resistance to abrasion and wear, raised modulus and strength, enhanced stiffness, low density, amazing chemical resistance, and minimum creep—are what propel their acceptance. These characteristics make them extremely well-suited for a wide range of applications, including interior automobile panels, aviation constructions, and automotive components.

“The resin transfer molding process to be the fastest growing segment in terms of value in the global transportation composites.”
Resin Transfer Molding (RTM) is a manufacturing technology that has a remarkable Compound Annual Growth Rate (CAGR) in the transportation composites sector, with respect to value. RTM has drawn notice due to its effectiveness, affordability, and capacity to create complexly designed, high-quality composite parts. One noteworthy example of how RTM is becoming more and more prevalent is the way that top automakers are using it to create lightweight, yet robust components. For example, a well-known automaker in the Asia Pacific area used RTM to create composite body panels, which significantly reduced weight and improved fuel economy of their cars.

輸送用複合材市場 : 2029年までの世界予測 ecosystem

“Interior application is expected to dominate the market in terms of volume.”
It is projected that the transportation composites market would be dominated by the interior application during the forecast period. In this market, the transportation industry is expected to be a major user of composite materials, especially in autos. This trend is driven by the growing use of composite materials in automobiles. Moreover, the growing inclination towards thermoplastic composites in airplane parts, because of their remarkable strength and low weight, drives market expansion in the interior application sector. The railway industry also stands out as a major factor in the growing need for composites in interior applications.

“Carbon fiber composites is estimated to be the fastest-growing segment during forecast period.”
The fastest-growing fiber category is carbon fiber, which can be ascribed to its increasing use in a variety of industries. Carbon fiber automotive composites have superior qualities than glass fiber automotive composites, especially in aerospace and defense applications. Compared to glass fiber, carbon fiber is 30% lighter and has twice the strength. Its application in automotive settings began with racing cars, where its characteristics not only minimize vehicle weight but also guarantee increased safety because of its strength and stiffness, especially in monocoque frame designs. Notably, carbon fiber is used extensively for all structural parts of Formula One racing cars, offering outstanding crash resistance in addition to its other advantages.

“Roadways is projected to be the fastest-growing transportation type in terms of value and volume.”
Out of all the transportation categories, the roadways is expected to grow at the fastest rate. Composites are widely used in many different automotive situations, including cars, buses, military vehicles, commercial vehicles, and racing like touring cars and Formula 1. Numerous benefits are available to them, such as resistance to corrosion, electrical non-conductivity, flexibility, low maintenance needs, durability, and adaptability in design. Glass fiber composites are widely used for both exterior and interior components in vehicle applications. OEMs may comply with strict environmental standards and reduce vehicle weight and fuel consumption by utilizing the lightweight and remarkable strength of composite materials. As a result, there is a significant market for transportation composites, especially in the heavy vehicle market.

“Thermoplastic resin type is expected to be the fastest-growing segment during forecasted period.”
The principal advantage of thermoplastic resins as matrix materials is their malleability, which thermoset resins do not possess. Because of this feature, the composite that results is easily recyclable. Different kinds of thermoplastic resins function as matrix materials in the manufacturing of composites, making it easier to create complex material shapes. Thermoplastic composites make it simple to produce intricate structures. Furthermore, they can be used to fabricate enormous structures because they can be stored at room temperature.

“North America is the largest regional level market in transportation composites market in terms of value.”
North America leads the world the transportation composites market in terms of value, thanks to breakthroughs in the automotive sector, aerospace technology, and maritime engineering. Tight environmental restrictions and the region’s strategic emphasis on lightweighting drive composites’ widespread acceptance in the transportation industry. The use of composites in aircraft manufacture by the aerospace industry is a compelling case study that highlights North America’s dominance. Composite materials are being used more often by major aircraft manufacturers like Boeing and Airbus to build sturdy, lightweight aircraft structures that improve fuel economy and lower emissions. Furthermore, there is a growing trend in the North American automotive industry toward the use of composite materials in vehicles to reduce weight and enhance performance and fuel efficiency.

輸送用複合材市場 : 2029年までの世界予測 region

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:
• By Company Type – Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%
• By Designation – C Level- 50%, Director Level- 30%, and Executives- 20%
• By Region – North America- 15%, Europe- 50%, Asia Pacific- 20%, Middle East & Africa (MEA)-10%, Latin America-10%

The report provides a comprehensive analysis of company profiles listed below:
• Hexcel Corporation (US)
• Toray Industries, Inc. (Japan)
• Owens Corning (US)
• Gurit Holding AG (Switzerland)
• Syensqo S.A. (Belgium)
• Mitsubishi Chemical Holdings Corporation (Japan)
• Teijin Limited (Japan)
• SGL Group (Germany)
• Royal DSM (Netherlands)

Research Coverage

This report covers the global transportation composites market and forecasts the market size until 2025. The report includes the market segmentation – Resin (Thermoplastic and Thermoset), Fiber (Carbon, Glass, Natural, and Others), Application (Interior, Exterior, and others), Transportation Type (Airways, Railways, Waterways, and Roadways), Manufacturing Process (Compression Molding, Injection Molding, Resin Transfer Molding, and Others), and Region (Europe, North America, APAC, Latin America, and MEA). Porter’s Five Forces analysis, along with the drivers, restraints, opportunities, and challenges, are discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global transportation composites market.

Key benefits of buying the report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall transportation composites market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of key drivers (Increasing demand from aerospace sector, Growth of environmentally friendly electric vehicles, Increasing demand for high-speed rail (HSR)
• Restraints (Obstacles in scaling up production, Lack of technological advancement in emerging economies)
• Opportunities (Reduction in cost of carbon fibers, Increased demand for commercial aircraft, Growing leisure boats demand )
• Challenges (Developing low-cost technologies, recycling of composite materials) influencing the growth of the composite market

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the transportation composite market

• Market Development: Comprehensive information about lucrative markets – the report analyses the transportation composite market across varied regions.

• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the transportation composite market

• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Owens Corning (US), Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Holdings Corporation (Japan), Hexcel Corporation (US), SGL Group (Germany), Syensqo S.A. (Belgium) among others in the transportation composite market.

Table of Contents

1            INTRODUCTION            45

1.1         STUDY OBJECTIVES      45

1.2         MARKET DEFINITION   45

1.2.1      INCLUSIONS & EXCLUSIONS     46

1.3         MARKET SCOPE             46

1.3.1      TRANSPORTATION COMPOSITES MARKET SEGMENTATION    46

1.3.2      REGIONS COVERED      47

1.3.3      YEARS CONSIDERED     47

1.3.4      CURRENCY CONSIDERED          48

1.3.5      UNITS CONSIDERED     48

1.4         LIMITATIONS   48

1.5         STAKEHOLDERS            48

1.6         SUMMARY OF CHANGES            49

1.7         IMPACT OF RECESSION 49

2            RESEARCH METHODOLOGY     50

2.1         RESEARCH DATA           50

FIGURE 1           TRANSPORTATION COMPOSITES MARKET: RESEARCH DESIGN              50

2.1.1      SECONDARY DATA       51

2.1.1.1   Key data from secondary sources     51

2.1.2      PRIMARY DATA 52

2.1.2.1   Key data from primary sources         52

2.1.2.2   Interviews with top transportation composites manufacturers    52

2.1.2.3   Interviews with Experts     53

2.1.2.4   Key industry insights          53

2.2         MARKET SIZE ESTIMATION       54

2.2.1      BOTTOM-UP APPROACH           54

FIGURE 2           COMPOSITES MARKET: BOTTOM-UP APPROACH          54

2.2.2      TOP-DOWN APPROACH             55

FIGURE 3           COMPOSITES MARKET: TOP-DOWN APPROACH            55

2.3         BASE NUMBER CALCULATION  55

FIGURE 4           APPROACH 1: SUPPLY-SIDE ANALYSIS  55

FIGURE 5           APPROACH 2: DEMAND-SIDE ANALYSIS             56

2.4         MARKET FORECAST APPROACH            56

2.4.1      SUPPLY SIDE    56

2.4.2      DEMAND SIDE  56

2.5         DATA TRIANGULATION             57

FIGURE 6           TRANSPORTATION COMPOSITES MARKET: DATA TRIANGULATION          57

2.6         FACTOR ANALYSIS        58

2.7         IMPACT OF RECESSION 58

2.8         RESEARCH ASSUMPTIONS         58

2.9         RESEARCH LIMITATIONS           59

3            EXECUTIVE SUMMARY 60

FIGURE 7           AIRWAYS DOMINATED TRANSPORTATION COMPOSITES MARKET IN 2023             60

FIGURE 8           CARBON FIBER ACCOUNTED FOR LARGEST MARKET SHARE IN 2023      61

FIGURE 9           THERMOSET RESIN ACCOUNTED FOR LARGER MARKET SHARE IN 2023  61

FIGURE 10         OTHER MANUFACTURING PROCESSES REGISTERED HIGHEST CAGR   62

FIGURE 11         INTERIOR APPLICATION ACCOUNTED FOR LARGEST MARKET SHARE  62

FIGURE 12         ASIA PACIFIC TO BE FASTEST-GROWING REGION IN GLOBAL TRANSPORTATION COMPOSITES MARKET       63

4            PREMIUM INSIGHTS      64

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN TRANSPORTATION

COMPOSITES MARKET 64

FIGURE 13         HIGH DEMAND FROM ROADWAYS SEGMENT TO DRIVE MARKET            64

4.2         TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE

AND REGION, 2023        64

FIGURE 14         ASIA PACIFIC AND ROADWAYS ACCOUNTED FOR LARGEST SHARES 64

4.3         TRANSPORTATION COMPOSITES MARKET, BY MANUFACTURING PROCESS           65

FIGURE 15         COMPRESSION MOLDING SEGMENT ACCOUNTED FOR LARGEST SHARE            65

4.4         TRANSPORTATION COMPOSITES MARKET, BY FIBER    65

FIGURE 16         GLASS FIBER ACCOUNTED FOR LARGEST SHARE           65

4.5         TRANSPORTATION COMPOSITES MARKET, BY RESIN    65

FIGURE 17         THERMOSET RESIN DOMINATED TRANSPORTATION COMPOSITES MARKET 65

4.6         TRANSPORTATION COMPOSITES MARKET, BY APPLICATION   66

FIGURE 18         INTERIOR SEGMENT ACCOUNTED FOR HIGHEST CAGR              66

4.7         TRANSPORTATION COMPOSITES MARKET, BY KEY COUNTRIES              66

FIGURE 19         CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD              66

5            MARKET OVERVIEW     67

5.1         INTRODUCTION            67

5.2         MARKET DYNAMICS     67

FIGURE 20         TRANSPORTATION COMPOSITES MARKET: MARKET DYNAMICS        67

5.2.1      DRIVERS            68

5.2.1.1   Increasing requirement for composite materials in aerospace sector         68

5.2.1.2   Growth of environmentally friendly electric vehicles    68

5.2.1.3   Increasing demand for high-speed rail (HSR) 69

TABLE 1             HSR MILEAGE IN OPERATION & UNDER CONSTRUCTION, BY COUNTRY         70

5.2.2      RESTRAINTS     70

5.2.2.1   Obstacles in scaling up production   70

5.2.2.2   Lack of technological advancement in emerging economies       70

5.2.3      OPPORTUNITIES           71

5.2.3.1   Reduction in cost of carbon fibers    71

5.2.3.2   Increased demand for commercial aircraft      71

TABLE 2             AIRCRAFT DELIVERIES, BY REGION, 2023            71

5.2.3.3   Growing leisure boat demand          72

5.2.4      CHALLENGES   72

5.2.4.1   Recycling of composite materials     72

5.2.4.2   Developing low-cost technologies    72

5.3         PORTER’S FIVE FORCES ANALYSIS         72

FIGURE 23         TRANSPORTATION COMPOSITES MARKET: PORTER’S FIVE FORCES ANALYSIS         73

5.3.1      THREAT OF NEW ENTRANTS    73

5.3.2      THREAT OF SUBSTITUTES         73

5.3.3      BARGAINING POWER OF SUPPLIERS     74

5.3.4      BARGAINING POWER OF BUYERS           74

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 74

5.4         SUPPLY CHAIN ANALYSIS          75

FIGURE 24         TRANSPORTATION COMPOSITES MARKET: SUPPLY CHAIN ANALYSIS          75

TABLE 3             TRANSPORTATION COMPOSITES MARKET: ROLE OF COMPANIES IN ECOSYSTEM     75

5.4.1      RAW MATERIAL             76

5.4.2      MANUFACTURING PROCESS     76

5.4.3      FINAL PRODUCT           76

5.5         ECOSYSTEM/MARKET MAP       77

FIGURE 25         TRANSPORTATION COMPOSITES MARKET: KEY STAKEHOLDERS IN ECOSYSTEM            77

FIGURE 26         TRANSPORTATION COMPOSITES MARKET: ECOSYSTEM              77

5.6         PRICING ANALYSIS        78

5.6.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION              78

FIGURE 27         AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION  78

5.6.2      AVERAGE SELLING PRICE TREND, BY FIBER       79

FIGURE 28         AVERAGE SELLING PRICE OF TRANSPORTATION COMPOSITES, BY FIBER (USD/KG)         79

5.6.3      AVERAGE SELLING PRICE TREND, BY RESIN TYPE          79

FIGURE 29         AVERAGE SELLING PRICE OF TRANSPORTATION COMPOSITES, BY RESIN TYPE (USD/KG)            79

5.6.4      AVERAGE SELLING PRICE TREND, BY TRANSPORTATION TYPE 80

FIGURE 30         AVERAGE SELLING PRICE OF TRANSPORTATION COMPOSITES, BY TRANSPORTATION TYPE (USD/KG)  80

5.6.5      AVERAGE SELLING PRICE TREND, BY REGION  80

TABLE 4             AVERAGE SELLING PRICE TREND, BY REGION  80

5.7         VALUE CHAIN ANALYSIS            81

FIGURE 31         TRANSPORTATION COMPOSITES MARKET: VALUE CHAIN ANALYSIS          81

5.8         TRADE ANALYSIS          81

5.8.1      EXPORT SCENARIO FOR HS CODE 7019 82

TABLE 5             TOP 10 EXPORTING COUNTRIES IN 2023            82

5.8.2      IMPORT SCENARIO FOR HS CODE 7019 83

TABLE 6             TOP 10 IMPORTING COUNTRIES IN 2023            83

5.8.3      EXPORT SCENARIO FOR HS CODE 681511           84

TABLE 7             TOP 10 EXPORTING COUNTRIES IN 2023            84

5.8.4      IMPORT SCENARIO FOR HS CODE 681511           84

TABLE 8             TOP 10 IMPORTING COUNTRIES IN 2023            84

5.9         TECHNOLOGY ANALYSIS           85

TABLE 9             COMPARATIVE STUDY OF MAJOR TRANSPORTATION COMPOSITES MANUFACTURING PROCESSES    85

5.9.1      KEY TECHNOLOGY       86

5.9.1.1   Technology analysis for glass fiber composites             86

5.9.1.2   Technology analysis for carbon fiber composites          86

5.9.2      COMPLEMENTARY TECHNOLOGY        88

5.9.3      ADJACENT TECHNOLOGY         88

5.10       KEY STAKEHOLDERS AND BUYING CRITERIA    88

5.10.1    KEY STAKEHOLDERS IN BUYING PROCESS         88

FIGURE 34         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP TWO APPLICATIONS          88

TABLE 10           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP TWO APPLICATIONS IN TRANSPORTATION COMPOSITES MARKET              88

5.10.2    BUYING CRITERIA         89

FIGURE 35         KEY BUYING CRITERIA FOR TOP TWO APPLICATIONS  89

TABLE 11           KEY BUYING CRITERIA FOR TOP TWO APPLICATIONS IN TRANSPORTATION COMPOSITES MARKET       89

5.11       PATENT ANALYSIS        89

5.11.1    INTRODUCTION            89

5.11.2    METHODOLOGY           89

5.11.3    DOCUMENT TYPES       90

TABLE 12           TRANSPORTATION COMPOSITES MARKET: TOTAL NUMBER OF PATENTS     90

FIGURE 36         PATENT ANALYSIS, BY DOCUMENT TYPE          90

FIGURE 37         PATENT PUBLICATION TREND, 2014−2024       90

5.11.4    INSIGHTS          91

5.11.5    LEGAL STATUS 91

FIGURE 38         TRANSPORTATION COMPOSITES MARKET: LEGAL STATUS OF PATENTS           91

5.11.6    JURISDICTION ANALYSIS           91

FIGURE 39         CHINESE JURISDICTION REGISTERED HIGHEST NUMBER OF PATENTS           91

5.11.7    TOP APPLICANTS          92

FIGURE 40         SHENYANG JIANZHU UNIVERSITY REGISTERED HIGHEST NUMBER OF PATENTS  92

5.11.8    PATENTS BY SHENYANG JIANZHU UNIVERSITY 92

5.11.9    PATENTS BY SOUTH CHINA UNIVERSITY OF TECHNOLOGY      92

5.11.10  TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS            93

5.12       REGULATORY LANDSCAPE       94

5.12.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          95

TABLE 13           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         95

TABLE 14           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 96

TABLE 15           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         96

TABLE 16           REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         97

5.13       KEY CONFERENCES AND EVENTS          97

TABLE 17           TRANSPORTATION COMPOSITES MARKET: KEY CONFERENCES AND EVENTS, 2024–2025             97

5.14       CASE STUDY ANALYSIS 98

5.14.1    CASE STUDY 1: VELOCITY COMPOSITES IS EXPANDING INTO US MARKET AND PROVIDING SUPPORT TO GKN AEROSTRUCTURES          98

5.14.2    CASE STUDY 2: GKN AEROSPACE AND GE AEROSPACE EXTEND PARTNERSHIP FOR AEROENGINE DEVELOPMENT AND PRODUCTION 99

5.14.3    CASE STUDY 3: HEXCEL INTRODUCES LATEST HEXTOW CARBON FIBER INNOVATION      99

5.15       TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       100

FIGURE 41         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS BUSINESS              100

5.16       INVESTMENT AND FUNDING SCENARIO            101

FIGURE 42         DEALS AND FUNDING IN TRANSPORTATION COMPOSITES MARKET SOARED IN 2022           101

FIGURE 43         PROMINENT TRANSPORTATION COMPOSITES MANUFACTURING FIRMS IN 2024 (USD BILLION)           101

6            TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE    102

6.1         INTRODUCTION            103

FIGURE 44         AEROSPACE & DEFENSE TO DOMINATE TRANSPORTATION COMPOSITES MARKET 103

TABLE 18           TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     103

TABLE 19           TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             104

TABLE 20           TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     104

TABLE 21           TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             104

6.2         AEROSPACE & DEFENSE             105

6.2.1      HIGH STRENGTH, INCREASED FUEL EFFICIENCY, AND DECREASED GREENHOUSE GAS EMISSION PROPERTIES TO DRIVE MARKET 105

6.2.2      CIVIL    105

6.2.3      DEFENSE           105

TABLE 22           AEROSPACE & DEFENSE: TRANSPORTATION COMPOSITES MARKET, BY AIRCRAFT TYPE, 2021–2023 (USD MILLION)            105

TABLE 23           AEROSPACE & DEFENSE: TRANSPORTATION COMPOSITES, BY AIRCRAFT TYPE, 2021–2023 (KILOTON) 106

TABLE 24           AEROSPACE & DEFENSE: TRANSPORTATION COMPOSITES, BY AIRCRAFT TYPE, 2024–2029 (USD MILLION)       106

TABLE 25           AEROSPACE & DEFENSE: TRANSPORTATION COMPOSITES, BY AIRCRAFT TYPE, 2024–2029 (KILOTON) 106

TABLE 26           AEROSPACE & DEFENSE: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)            107

TABLE 27           AEROSPACE & DEFENSE: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON)      107

TABLE 28           AEROSPACE & DEFENSE: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)            107

TABLE 29           AEROSPACE & DEFENSE: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON)      108

6.3         RAILWAYS         108

6.3.1      ENHANCED THERMAL AND ACOUSTIC PERFORMANCE TO DRIVE MARKET            108

6.3.2      METROS AND MONORAILS        108

6.3.3      PASSENGER RAILS         108

6.3.4      HIGH SPEED AND BULLET TRAINS        109

TABLE 30           RAILWAYS: TRANSPORTATION COMPOSITES MARKET, BY RAIL TYPE, 2021–2023 (USD MILLION)   109

TABLE 31           RAILWAYS: TRANSPORTATION COMPOSITES MARKET, BY RAIL TYPE, 2021–2023 (KILOTON)           109

TABLE 32           RAILWAYS: TRANSPORTATION COMPOSITES MARKET, BY RAIL TYPE, 2024–2029 (USD MILLION)   109

TABLE 33           RAILWAYS: TRANSPORTATION COMPOSITES MARKET, BY RAIL TYPE, 2024–2029 (KILOTON)           110

TABLE 34           RAILWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)       110

TABLE 35           RAILWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON) 110

TABLE 36           RAILWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)       111

TABLE 37           RAILWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON) 111

6.4         WATERWAYS    111

6.4.1      CORROSION-RESISTANT AND WEIGHT-REDUCTION PROPERTIES TO DRIVE MARKET 111

6.4.2      POWERBOAT    112

6.4.3      SAILBOAT         112

6.4.4      CRUISE SHIP     112

6.4.5      OTHER BOAT TYPES     112

TABLE 38           WATERWAYS: TRANSPORTATION COMPOSITES MARKET, BY BOAT TYPE, 2021–2023 (USD MILLION) 112

TABLE 39           WATERWAYS: TRANSPORTATION COMPOSITES MARKET, BY BOAT TYPE, 2021–2023 (KILOTON)         113

TABLE 40           WATERWAYS: TRANSPORTATION COMPOSITES MARKET, BY BOAT TYPE, 2024–2029 (USD MILLION) 113

TABLE 41           WATERWAYS: TRANSPORTATION COMPOSITES MARKET, BY BOAT TYPE, 2024–2029 (KILOTON)         113

TABLE 42           WATERWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)       114

TABLE 43           WATERWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON) 114

TABLE 44           WATERWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)       114

TABLE 45           WATERWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON) 115

6.5         ROADWAYS      115

6.5.1      HIGH PENETRATION IN ELECTRIC VEHICLES TO DRIVE MARKET              115

6.5.2      AUTOMOTIVE  115

6.5.3      RECREATIONAL VEHICLES        115

6.5.4      BUS, TRUCKS, AND OTHER HEAVY VEHICLES   116

TABLE 46           ROADWAYS: TRANSPORTATION COMPOSITES MARKET, BY VEHICLE TYPE, 2021–2023 (USD MILLION)          116

TABLE 47           ROADWAYS: TRANSPORTATION COMPOSITES MARKET, BY VEHICLE TYPE, 2021–2023 (KILOTON)   116

TABLE 48           ROADWAYS: TRANSPORTATION COMPOSITES MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)          116

TABLE 49           ROADWAYS: TRANSPORTATION COMPOSITES MARKET, BY VEHICLE TYPE, 2024–2029 (KILOTON)   117

TABLE 50           ROADWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)       117

TABLE 51           ROADWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON) 117

TABLE 52           ROADWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)       118

TABLE 53           ROADWAYS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON) 118

7            TRANSPORTATION COMPOSITES MARKET, BY APPLICATION   119

7.1         INTRODUCTION            120

FIGURE 45         EXTERIOR APPLICATION TO LEAD TRANSPORTATION COMPOSITES MARKET 120

TABLE 54           TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (KILOTON)   120

TABLE 55           TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (USD MILLION)          121

TABLE 56           TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   121

TABLE 57           TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          121

7.2         INTERIOR          122

7.2.1      INCREASING RELIANCE ON AEROSPACE & DEFENSE INDUSTRY TO DRIVE MARKET 122

TABLE 58           INTERIOR: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON) 122

TABLE 59           INTERIOR: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)       122

TABLE 60           INTERIOR: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON) 123

TABLE 61           INTERIOR: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)       123

7.3         EXTERIOR         124

7.3.1      INCREASING DEMAND FOR LIGHTWEIGHT MATERIALS TO DRIVE MARKET            124

TABLE 62           EXTERIOR: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON) 124

TABLE 63           EXTERIOR: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)       124

TABLE 64           EXTERIOR: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON) 125

TABLE 65           EXTERIOR: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)       125

7.4         OTHER APPLICATIONS 125

TABLE 66           OTHER APPLICATIONS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON)      126

TABLE 67           OTHER APPLICATIONS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)            126

TABLE 68           OTHER APPLICATIONS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON)      126

TABLE 69           OTHER APPLICATIONS: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)            127

8            TRANSPORTATION COMPOSITES MARKET, BY FIBER    128

8.1         INTRODUCTION            129

FIGURE 46         CARBON FIBER TO DOMINATE TRANSPORTATION COMPOSITES MARKET 129

TABLE 70           TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2021–2023 (KILOTON)             129

TABLE 71           TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2021–2023 (USD MILLION)     130

TABLE 72           TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2024–2029 (KILOTON)             130

TABLE 73           TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2024–2029 (USD MILLION)     130

8.2         GLASS FIBER COMPOSITES        131

8.2.1      RESISTANCE TO HARSH CONDITIONS, STRENGTH, AND DURABILITY TO DRIVE MARKET       131

FIGURE 47         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       131

TABLE 74           GLASS FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON) 131

TABLE 75           GLASS FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)       132

TABLE 76           GLASS FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON) 132

TABLE 77           GLASS FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)       132

8.3         CARBON FIBER COMPOSITES   133

8.3.1      ADVANCEMENTS IN MANUFACTURING TECHNOLOGY TO DRIVE MARKET            133

TABLE 78           CARBON FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON) 133

TABLE 79           CARBON FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)       133

TABLE 80           CARBON FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON) 134

TABLE 81           CARBON FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)       134

8.4         NATURAL FIBER COMPOSITES 135

8.4.1      VERSATILITY AND AESTHETIC APPEALING PROPERTIES TO DRIVE MARKET            135

TABLE 82           NATURAL FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON)         135

TABLE 83           NATURAL FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)  135

TABLE 84           NATURAL FIBER TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON)         136

TABLE 85           NATURAL FIBER: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)  136

8.5         OTHER FIBER COMPOSITES      137

TABLE 86           OTHER FIBER COMPOSITES: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON)      137

TABLE 87           OTHER FIBER COMPOSITES: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)            137

TABLE 88           OTHER FIBER COMPOSITES: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON)      137

TABLE 89           OTHER FIBER COMPOSITES: TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)            138

9            TRANSPORTATION COMPOSITES MARKET, BY RESIN    139

9.1         INTRODUCTION            140

FIGURE 48         THERMOSET RESIN SEGMENT TO DOMINATE TRANSPORTATION COMPOSITES MARKET       140

TABLE 90           TRANSPORTATION COMPOSITES MARKET, BY RESIN, 2021–2023 (USD MILLION)     140

TABLE 91           TRANSPORTATION COMPOSITES MARKET, BY RESIN, 2021–2023 (KILOTON)             140

TABLE 92           TRANSPORTATION COMPOSITES MARKET, BY RESIN, 2024–2029 (USD MILLION)     141

TABLE 93           TRANSPORTATION COMPOSITES MARKET, BY RESIN, 2024–2029 (KILOTON)             141

9.2         THERMOSET    141

9.2.1      EXCEPTIONAL DURABILITY AND VERSATILITY TO DRIVE MARKET              141

9.2.2      EPOXY 141

9.2.3      POLYESTER      142

9.2.4      VINYL ESTER    142

9.2.5      OTHER THERMOSET RESINS     142

FIGURE 49         DEMAND FOR POLYESTER RESIN TO BE HIGHEST DURING FORECAST PERIOD       142

TABLE 94           THERMOSET: TRANSPORTATION COMPOSITES MARKET, BY RESIN TYPE, 2021–2023 (USD MILLION) 143

TABLE 95           THERMOSET: TRANSPORTATION COMPOSITES MARKET, BY RESIN TYPE, 2021–2023 (KILOTON)        143

TABLE 96           THERMOSET: TRANSPORTATION COMPOSITES MARKET, BY RESIN TYPE, 2024–2029 (USD MILLION) 143

TABLE 97           THERMOSET: TRANSPORTATION COMPOSITES MARKET, BY RESIN TYPE, 2024–2029 (KILOTON)        144

9.3         THERMOPLASTIC          144

9.3.1      HIGH DEMAND FOR LIGHTWEIGHT MATERIALS TO DRIVE MARKET              144

9.3.2      POLYPHENYLENE SULPHIDE (PPS)       144

9.3.3      POLYAMIDE (PA)           145

9.3.4      POLYPROPYLENE (PP) 145

9.3.5      OTHER THERMOPLASTIC RESINS          145

TABLE 98           THERMOPLASTIC: TRANSPORTATION COMPOSITES MARKET, BY RESIN TYPE, 2021–2023 (USD MILLION)         145

TABLE 99           THERMOPLASTIC: TRANSPORTATION COMPOSITES MARKET, BY RESIN TYPE, 2021–2023 (KILOTON)   145

TABLE 100         THERMOPLASTIC: TRANSPORTATION COMPOSITES MARKET, BY RESIN TYPE, 2024–2029 (USD MILLION)         146

TABLE 101         THERMOPLASTIC: TRANSPORTATION COMPOSITES MARKET, BY RESIN TYPE, 2024–2029 (KILOTON)   146

10          TRANSPORTATION COMPOSITES MARKET, BY MANUFACTURING PROCESS           147

10.1       INTRODUCTION            148

FIGURE 50         RESIN TRANSFER MOLDING PROCESS TO LEAD TRANSPORTATION COMPOSITES MARKET       148

TABLE 102         TRANSPORTATION COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2021–2023 (USD MILLION)             148

TABLE 103         TRANSPORTATION COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2021–2023 (KILOTON)       149

TABLE 104         TRANSPORTATION COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2024–2029 (USD MILLION)             149

TABLE 105         TRANSPORTATION COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2024–2029 (KILOTON)       149

10.2       INJECTION MOLDING PROCESS             150

10.3       COMPRESSION MOLDING PROCESS      150

10.4       RESIN TRANSFER MOLDING PROCESS (RTM)    150

10.5       OTHER MANUFACTURING PROCESSES 150

11          TRANSPORTATION COMPOSITES MARKET, BY REGION 151

11.1       INTRODUCTION            152

FIGURE 51         CHINA TO BE FASTEST-GROWING TRANSPORTATION COMPOSITES MARKET DURING FORECAST PERIOD      152

TABLE 106         TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (USD MILLION)     152

TABLE 107         TRANSPORTATION COMPOSITES MARKET, BY REGION, 2021–2023 (KILOTON)             153

TABLE 108         TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (USD MILLION)     153

TABLE 109         TRANSPORTATION COMPOSITES MARKET, BY REGION, 2024–2029 (KILOTON)             153

11.2       NORTH AMERICA          154

11.2.1    RECESSION IMPACT      154

FIGURE 52         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET SNAPSHOT        155

TABLE 110         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER 2021–2023 (USD MILLION)       155

TABLE 111         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER 2021–2023 (KILOTON) 156

TABLE 112         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER 2024–2029 (USD MILLION)       156

TABLE 113         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2024–2029 (KILOTON)             156

TABLE 114         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (USD MILLION)     157

TABLE 115         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (KILOTON)            157

TABLE 116         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     157

TABLE 117         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (KILOTON)            157

TABLE 118         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION) 158

TABLE 119         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)       158

TABLE 120         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION) 158

TABLE 121         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)       159

TABLE 122         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)            159

TABLE 123         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2021–2023 (KILOTON)     159

TABLE 124         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            159

TABLE 125         NORTH AMERICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2024–2029 (KILOTON)     160

11.2.2    US         160

11.2.2.1 Increasing reliance on composites for aircraft structures to drive market  160

TABLE 126         US: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     160

TABLE 127         US: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             161

TABLE 128         US: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     161

TABLE 129         US: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             161

11.2.3    CANADA            162

11.2.3.1 Increasing demand from roadways and aerospace sector to drive market  162

TABLE 130         CANADA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     162

TABLE 131         CANADA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             162

TABLE 132         CANADA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     163

TABLE 133         CANADA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             163

11.3       EUROPE             164

11.3.1    RECESSION IMPACT      164

FIGURE 53         EUROPE: TRANSPORTATION COMPOSITES MARKET SNAPSHOT        165

TABLE 134         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2021–2023 (USD MILLION)          165

TABLE 135         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2021–2023 (KILOTON)   166

TABLE 136         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2024–2029 (USD MILLION)          166

TABLE 137         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2024–2029 (KILOTON)   166

TABLE 138         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (USD MILLION)           167

TABLE 139         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (KILOTON)    167

TABLE 140         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)           167

TABLE 141         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (KILOTON)    167

TABLE 142         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     168

TABLE 143         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             168

TABLE 144         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     168

TABLE 145         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             169

TABLE 146         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)    169

TABLE 147         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2021–2023 (KILOTON)           170

TABLE 148         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)    170

TABLE 149         EUROPE: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2024–2029 (KILOTON)           170

11.3.2    GERMANY         171

11.3.2.1 Increasing focus on fuel efficiency and sustainability to drive market       171

TABLE 150         GERMANY: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     171

TABLE 151         GERMANY: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             171

TABLE 152         GERMANY: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     172

TABLE 153         GERMANY: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             172

11.3.3    FRANCE             172

11.3.3.1 Innovations and industrial leadership to drive market  172

TABLE 154         FRANCE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     173

TABLE 155         FRANCE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             173

TABLE 156         FRANCE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     173

TABLE 157         FRANCE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             174

11.3.4    UK         174

11.3.4.1 Strong research and manufacturing capabilities to drive market 174

TABLE 158         UK: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     174

TABLE 159         UK: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             175

TABLE 160         UK: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     175

TABLE 161         UK: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             175

11.3.5    ITALY   176

11.3.5.1 Pioneering innovations across aerospace and transportation industries to drive market   176

TABLE 162         ITALY: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     176

TABLE 163         ITALY: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             176

TABLE 164         ITALY: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     177

TABLE 165         ITALY: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             177

11.3.6    SPAIN   177

11.3.6.1 Increasing investments in research and production to drive market          177

TABLE 166         SPAIN: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     178

TABLE 167         SPAIN: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             178

TABLE 168         SPAIN: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     178

TABLE 169         SPAIN: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             179

11.3.7    RUSSIA 179

11.3.7.1 Growing demand for lightweight and high-performance materials to drive market              179

TABLE 170         RUSSIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     179

TABLE 171         RUSSIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             180

TABLE 172         RUSSIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     180

TABLE 173         RUSSIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             180

11.3.8    REST OF EUROPE           181

TABLE 174         REST OF EUROPE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION) 181

TABLE 175         REST OF EUROPE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)       181

TABLE 176         REST OF EUROPE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION) 181

TABLE 177         REST OF EUROPE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)       182

11.4       ASIA PACIFIC    182

11.4.1    RECESSION IMPACT      183

FIGURE 54         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET SNAPSHOT        184

TABLE 178         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2021–2023 (USD MILLION)            184

TABLE 179         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2021–2023 (KILOTON)     185

TABLE 180         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, 2024–2029 (USD MILLION)          185

TABLE 181         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2024–2029 (KILOTON)     185

TABLE 182         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (USD MILLION)           186

TABLE 183         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (KILOTON)    186

TABLE 184         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)           186

TABLE 185         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (KILOTON)    186

TABLE 186         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     187

TABLE 187         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             187

TABLE 188         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     187

TABLE 189         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             188

TABLE 190         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)    188

TABLE 191         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2021–2023 (KILOTON)           189

TABLE 192         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)    189

TABLE 193         ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2024–2029 (KILOTON)           189

11.4.2    CHINA  190

11.4.2.1 Increasing demand for electric vehicles and aerospace projects to drive market              190

TABLE 194         CHINA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     190

TABLE 195         CHINA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             190

TABLE 196         CHINA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     191

TABLE 197         CHINA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             191

11.4.3    JAPAN  191

11.4.3.1 Increasing demand for fuel-efficient and environmentally friendly vehicles to drive market   191

TABLE 198         JAPAN: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     192

TABLE 199         JAPAN: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             192

TABLE 200         JAPAN: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     192

TABLE 201         JAPAN: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             193

11.4.4    INDIA   193

11.4.4.1 Increasing investments in local R&D facilities to drive market    193

TABLE 202         INDIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     194

TABLE 203         INDIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             194

TABLE 204         INDIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     194

TABLE 205         INDIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             195

11.4.5    SOUTH KOREA 195

11.4.5.1 Increased penetration in aerospace industry to drive market      195

TABLE 206         SOUTH KOREA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     195

TABLE 207         SOUTH KOREA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             196

TABLE 208         SOUTH KOREA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     196

TABLE 209         SOUTH KOREA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             196

11.4.6    REST OF ASIA PACIFIC  197

TABLE 210         REST OF ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)          197

TABLE 211         REST OF ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)   197

TABLE 212         REST OF ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)          197

TABLE 213         REST OF ASIA PACIFIC: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)   198

11.5       MIDDLE EAST & AFRICA             198

11.5.1    RECESSION IMPACT      198

TABLE 214         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2021–2023 (USD MILLION)   198

TABLE 215         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2021–2023 (KILOTON)          199

TABLE 216         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2024–2029 (USD MILLION)   199

TABLE 217         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2024–2029 (KILOTON)          199

TABLE 218         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (USD MILLION)  200

TABLE 219         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (KILOTON)         200

TABLE 220         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  200

TABLE 221         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (KILOTON)         200

TABLE 222         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)          201

TABLE 223         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)   201

TABLE 224         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)          201

TABLE 225         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)   202

TABLE 226         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)         202

TABLE 227         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2021–2023 (KILOTON)  203

TABLE 228         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)         203

TABLE 229         MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2024–2029 (KILOTON)  203

11.5.2    GCC COUNTRIES           204

11.5.2.1 UAE      204

11.5.2.1.1            Government supports using energy-efficient composites to drive market              204

TABLE 230         UAE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     204

TABLE 231         UAE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             204

TABLE 232         UAE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     205

TABLE 233         UAE: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             205

11.5.2.2 Saudi Arabia        205

11.5.2.2.1            Increasing demand for high strength-to-weight ratios and corrosion resistance composites to drive market            205

TABLE 234         SAUDI ARABIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     206

TABLE 235         SAUDI ARABIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             206

TABLE 236         SAUDI ARABIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     206

TABLE 237         SAUDI ARABIA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             207

11.5.2.3 Rest of GCC countries       207

TABLE 238         REST OF GCC COUNTRIES: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)          207

TABLE 239         REST OF GCC COUNTRIES: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)   208

TABLE 240         REST OF GCC COUNTRIES: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)          208

TABLE 241         REST OF GCC COUNTRIES: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)   208

11.5.3    SOUTH AFRICA 209

11.5.3.1 Growing demand from aerospace to drive market        209

TABLE 242         SOUTH AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION) 209

TABLE 243         SOUTH AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)       209

TABLE 244         SOUTH AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION) 210

TABLE 245         SOUTH AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)       210

11.5.4    REST OF MIDDLE EAST & AFRICA           210

TABLE 246         REST OF MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)          210

TABLE 247         REST OF MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)              211

TABLE 248         REST OF MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)          211

TABLE 249         REST OF MIDDLE EAST & AFRICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)              211

11.6       LATIN AMERICA             212

11.6.1    RECESSION IMPACT      212

TABLE 250         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2021–2023 (USD MILLION)      212

TABLE 251         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2021–2023 (KILOTON)             213

TABLE 252         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2024–2029 (USD MILLION)      213

TABLE 253         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY FIBER, 2024–2029 (KILOTON)             213

TABLE 254         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (USD MILLION)     214

TABLE 255         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2021–2023 (KILOTON)            214

TABLE 256         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     214

TABLE 257         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY APPLICATION, 2024–2029 (KILOTON)            214

TABLE 258         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION) 215

TABLE 259         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)       215

TABLE 260         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION) 215

TABLE 261         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)       216

TABLE 262         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)            216

TABLE 263         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2021–2023 (KILOTON)     216

TABLE 264         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            217

TABLE 265         LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY COUNTRY, 2024–2029 (KILOTON)     217

11.6.2    BRAZIL 217

11.6.2.1 Increasing demand for sustainable, efficient, and safer automobiles to drive market              217

TABLE 266         BRAZIL: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     218

TABLE 267         BRAZIL: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             218

TABLE 268         BRAZIL: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     218

TABLE 269         BRAZIL: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             219

11.6.3    MEXICO             219

11.6.3.1 Need for lighter and more durable train components to drive market       219

TABLE 270         MEXICO: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)     219

TABLE 271         MEXICO: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)             220

TABLE 272         MEXICO: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)     220

TABLE 273         MEXICO: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)             220

11.6.4    REST OF LATIN AMERICA          221

TABLE 274         REST OF LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (USD MILLION)          221

TABLE 275         REST OF LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2021–2023 (KILOTON)   221

TABLE 276         REST OF LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (USD MILLION)          221

TABLE 277         REST OF LATIN AMERICA: TRANSPORTATION COMPOSITES MARKET, BY TRANSPORTATION TYPE, 2024–2029 (KILOTON)   222

12          COMPETITIVE LANDSCAPE       223

12.1       OVERVIEW        223

12.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          223

TABLE 278         STRATEGIES ADOPTED BY TRANSPORTATION COMPOSITE MANUFACTURERS        223

12.3       REVENUE ANALYSIS      225

FIGURE 55         TRANSPORTATION COMPOSITES MARKET: REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS 225

12.4       MARKET SHARE ANALYSIS         225

FIGURE 56         SHARES OF KEY PLAYERS IN TRANSPORTATION COMPOSITES MARKET            226

TABLE 279         DEGREE OF COMPETITION: TRANSPORTATION COMPOSITES MARKET            226

12.4.1    MARKET RANKINGS      226

FIGURE 57         RANKING OF TOP FIVE PLAYERS IN TRANSPORTATION COMPOSITES MARKET 227

12.4.2    BRAND/PRODUCT COMPARATIVE ANALYSIS, BY TRANSPORTATION COMPOSITE PRODUCTS            228

FIGURE 58         BRAND/PRODUCT COMPARATIVE ANALYSIS, BY TRANSPORTATION COMPOSITE PRODUCTS    229

12.5       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   230

12.5.1    STARS  230

12.5.2    EMERGING LEADERS    230

12.5.3    PERVASIVE PLAYERS     231

12.5.4    PARTICIPANTS 231

FIGURE 59         TRANSPORTATION COMPOSITES MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023      231

12.5.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      232

12.5.5.1 Company footprint            232

FIGURE 60         TRANSPORTATION COMPOSITES MARKET: COMPANY FOOTPRINT (15 COMPANIES)   232

12.5.5.2 Region footprint  233

TABLE 280         TRANSPORTATION COMPOSITES MARKET: REGION FOOTPRINT (15 COMPANIES)   233

12.5.5.3 Transportation type footprint          233

TABLE 281         TRANSPORTATION COMPOSITES MARKET: TRANSPORTATION TYPE FOOTPRINT (15 COMPANIES)             233

12.5.5.4 Application footprint         234

TABLE 282         TRANSPORTATION COMPOSITES MARKET: APPLICATION FOOTPRINT (15 COMPANIES)   234

12.5.5.5 Fiber footprint     235

TABLE 283         TRANSPORTATION COMPOSITES MARKET: FIBER FOOTPRINT (15 COMPANIES)            235

12.6       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          235

12.6.1    PROGRESSIVE COMPANIES       235

12.6.2    RESPONSIVE COMPANIES          235

12.6.3    DYNAMIC COMPANIES 236

12.6.4    STARTING BLOCKS       236

FIGURE 61         TRANSPORTATION COMPOSITES MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 236

12.6.5    COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES         237

TABLE 284         TRANSPORTATION COMPOSITES MARKET: KEY STARTUPS/SMES           237

TABLE 285         TRANSPORTATION COMPOSITES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        237

12.7       VALUATION AND FINANCIAL METRICS OF TRANSPORTATION COMPOSITE VENDORS 238

FIGURE 62         TRANSPORTATION COMPOSITES MARKET: EV/EBITDA OF KEY VENDORS  238

FIGURE 63         YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS 239

12.8       COMPETITIVE SCENARIO AND TRENDS             239

12.8.1    PRODUCT LAUNCHES  239

TABLE 286         TRANSPORTATION COMPOSITES MARKET: PRODUCT LAUNCHES, JANUARY 2018–APRIL 2024  239

12.8.2    DEALS  241

TABLE 287         TRANSPORTATION COMPOSITES MARKET: DEALS, JANUARY 2018–APRIL 2024             241

12.8.3    EXPANSIONS    248

TABLE 288         TRANSPORTATION COMPOSITES MARKET: EXPANSIONS, JANUARY 2018–APRIL 2024         248

12.8.4    OTHER DEVELOPMENTS           250

TABLE 289         TRANSPORTATION COMPOSITES MARKET: OTHER DEVELOPMENTS, JANUARY 2018–APRIL 2024     250

13          COMPANY PROFILES    251

(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats) *

13.1       KEY PLAYERS   251

13.1.1    SYENSQO          251

TABLE 290         SYENSQO: COMPANY OVERVIEW           251

FIGURE 64         SYENSQO: COMPANY SNAPSHOT           252

TABLE 291         SYENSQO: PRODUCTS/SOLUTIONS/SERVICES OFFERED              252

TABLE 292         SYENSQO: PRODUCT LAUNCHES, JANUARY 2018−APRIL 2024              254

TABLE 293         SYENSQO: OTHER DEVELOPMENTS, JANUARY 2018−APRIL 2024      254

13.1.2    TORAY INDUSTRIES INC.            256

TABLE 294         TORAY INDUSTRIES INC.: COMPANY OVERVIEW            256

FIGURE 65         TORAY INDUSTRIES INC: COMPANY SNAPSHOT             257

TABLE 295         TORAY INDUSTRIES INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          257

TABLE 296         TORAY INDUSTRIES, INC.: PRODUCT LAUNCHES, JANUARY 2018−APRIL 2024           260

TABLE 297         TORAY INDUSTRIES, INC.: DEALS, JANUARY 2018−APRIL 2024              261

TABLE 298         TORAY INDUSTRIES, INC.: EXPANSIONS, JANUARY 2018−APRIL 2024      263

13.1.3    3A COMPOSITES            265

TABLE 299         3A COMPOSITES: COMPANY OVERVIEW             265

FIGURE 66         3A COMPOSITES: COMPANY SNAPSHOT            266

TABLE 300         3A COMPOSITES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          266

13.1.4    HEXCEL CORPORATION            268

TABLE 301         HEXCEL CORPORATION: COMPANY OVERVIEW             268

FIGURE 67         HEXCEL CORPORATION: COMPANY SNAPSHOT             269

TABLE 302         HEXCEL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          269

TABLE 303         HEXCEL CORPORATION: PRODUCT LAUNCHES, JANUARY 2018−APRIL 2024           271

TABLE 304         HEXCEL CORPORATION: EXPANSIONS, JANUARY 2018−APRIL 2024      271

TABLE 305         HEXCEL CORPORATION: DEALS, JANUARY 2018−APRIL 2024              271

TABLE 306         HEXCEL CORPORATION: EXPANSIONS, JANUARY 2018−APRIL 2024      272

13.1.5    GURIT HOLDINGS AG   274

TABLE 307         GURIT HOLDING AG: COMPANY OVERVIEW     274

FIGURE 68         GURIT HOLDING AG: COMPANY SNAPSHOT     275

TABLE 308         GURIT HOLDING AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED          275

13.1.6    OWENS CORNING          277

TABLE 309         OWENS CORNING: COMPANY OVERVIEW          277

TABLE 310         OWENS CORNING: PRODUCTS/SOLUTIONS/SERVICES OFFERED          278

13.1.7    TEIJIN LIMITED             280

TABLE 311         TEIJIN LIMITED: COMPANY OVERVIEW 280

TABLE 312         TEIJIN LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED              281

TABLE 313         TEIJIN LIMITED: DEALS, JANUARY 2018−APRIL 2024      283

TABLE 314         TEIJIN LIMITED: EXPANSIONS, JANUARY 2018−APRIL 2024              284

13.1.8    MITSUBISHI CHEMICAL GROUP CORPORATION            285

TABLE 315         MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY OVERVIEW        285

FIGURE 71         MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY SNAPSHOT        285

TABLE 316         MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCTS/SOLUTIONS/ SERVICES OFFERED  286

TABLE 317         MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCT LAUNCHES, JANUARY 2018−APRIL 2024 287

TABLE 318         MITSUBISHI CHEMICAL GROUP CORPORATION: DEALS, JANUARY 2018−APRIL 2024        287

TABLE 319         MITSUBISHI CHEMICAL GROUP CORPORATION: EXPANSIONS, JANUARY 2018−APRIL 2024        288

13.1.9    AVIENT CORPORATION             290

TABLE 320         AVIENT CORPORATION: COMPANY OVERVIEW 290

FIGURE 72         AVIENT CORPORATION: COMPANY SNAPSHOT             290

TABLE 321         AVIENT CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          291

TABLE 322         AVIENT CORPORATION: PRODUCT LAUNCHES, JANUARY 2018−APRIL 2024           291

13.1.10  EXEL COMPOSITES       292

TABLE 323         EXEL COMPOSITES: COMPANY OVERVIEW        292

FIGURE 73         EXEL COMPOSITES: COMPANY SNAPSHOT        293

TABLE 324         EXEL COMPOSITES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          293

TABLE 325         EXEL COMPOSITES: PRODUCT LAUNCHES, JANUARY 2018−APRIL 2024           294

TABLE 326         EXEL COMPOSITES.: DEALS, JANUARY 2018−APRIL 2024              294

13.1.11  MATERION CORPORATION       295

TABLE 327         MATERION CORPORATION: COMPANY OVERVIEW        295

FIGURE 74         MATERION CORPORATION: COMPANY SNAPSHOT       296

TABLE 328         MATERION CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   296

TABLE 329         MATERION CORPORATION: DEALS, JANUARY 2018−APRIL 2024      297

13.1.12  SGL CARBON    299

TABLE 330         SGL CARBON: COMPANY OVERVIEW     299

TABLE 331         SGL CARBON: PRODUCTS/SOLUTIONS/SERVICES OFFERED              300

TABLE 332         SGL CARBON: PRODUCT LAUNCHES, JANUARY 2018−APRIL 2024      302

TABLE 333         SGL CARBON: DEALS, JANUARY 2018−APRIL 2024          302

TABLE 334         SGL CARBON: EXPANSIONS, JANUARY 2018−APRIL 2024              304

13.1.13  LEE AEROSPACE            305

TABLE 335         LEE AEROSPACE: COMPANY OVERVIEW             305

TABLE 336         LEE AEROSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          305

13.1.14  BFG INTERNATIONAL  307

TABLE 337         BFG INTERNATIONAL: COMPANY OVERVIEW   307

TABLE 338         BFG INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED          307

TABLE 339         BFG INTERNATIONAL: DEALS, JANUARY 2018−APRIL 2024              308

13.1.15  FDC COMPOSITES INC. 309

TABLE 340         FDC COMPOSITES INC.: COMPANY OVERVIEW 309

TABLE 341         FDC COMPOSITES INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          309

*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.

13.2       OTHER PLAYERS           311

13.2.1    ARRIS COMPOSITES, INC.           311

TABLE 342         ARRIS COMPOSITES, INC.: COMPANY OVERVIEW           311

13.2.2    OXFORD SPACE SYSTEMS          311

TABLE 343         OXFORD SPACE SYSTEMS: COMPANY OVERVIEW           311

13.2.3    SEKISUI AEROSPACE     312

TABLE 344         SEKISUI AEROSPACE: COMPANY OVERVIEW      312

13.2.4    ACP COMPOSITES, INC. 312

TABLE 345         ACP COMPOSITES, INC.: COMPANY OVERVIEW 312

13.2.5    ADVANCED COMPOSITES INC. 313

TABLE 346         ADVANCED COMPOSITES INC.: COMPANY OVERVIEW  313

13.2.6    PIRAN ADVANCED COMPOSITES           313

TABLE 347         PIRAN ADVANCED COMPOSITES: COMPANY OVERVIEW              313

13.2.7    ATLAS FIBRE     314

TABLE 348         ATLAS FIBRE: COMPANY OVERVIEW     314

13.2.8    KAUTEX TEXTRON GMBH & CO. KG      314

TABLE 349         KAUTEX TEXTRON GMBH & CO. KG: COMPANY OVERVIEW              314

13.2.9    TRB LIGHTWEIGHT STRUCTURES         315

TABLE 350         TRB LIGHTWEIGHT STRUCTURES: COMPANY OVERVIEW              315

13.2.10  THE GUND COMPANY  315

TABLE 351         THE GUND COMPANY: COMPANY OVERVIEW   315

14          APPENDIX         316

14.1       DISCUSSION GUIDE      316

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL             318

14.3       CUSTOMIZATION OPTIONS      320

14.4       RELATED REPORTS       320

14.5       AUTHOR DETAILS         321