Sunday, November 12, 2023

Global Air Separation Equipment Market Research Report 2023

What is Global Air Separation Equipment Market?

The Global Air Separation Equipment Market is a vast and dynamic sector that plays a crucial role in various industries. This market revolves around the equipment used to separate atmospheric air into its primary components, typically nitrogen and oxygen, and sometimes also argon and other rare inert gases. The most common method used is fractional distillation, where air is first cooled to a liquid state and then separated based on the different boiling points of its components. The demand for these separated gases is high in several industries, including healthcare, food and beverage, metallurgy, and chemical industries, among others. The value of this market was estimated to be US$ 4637 million in 2022, and it is projected to reach US$ 6376.5 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period from 2023 to 2029.

Air Separation Equipment Market

Below 20 K CMPH, 20-60 K CMPH, Above 60 K CMPH in the Global Air Separation Equipment Market:

The Global Air Separation Equipment Market is segmented based on the capacity of the equipment, namely Below 20 K CMPH, 20-60 K CMPH, and Above 60 K CMPH. The 20-60 K CMPH segment is the largest, holding over 55% of the market share. This segment's dominance can be attributed to its wide application range, covering small to medium scale industries. The Below 20 K CMPH equipment is typically used in industries with lower requirements, such as small-scale food and beverage industries, while the Above 60 K CMPH equipment is used in large-scale industries with high demand for separated gases, such as large chemical plants or steel mills. The choice of equipment capacity depends on the specific requirements of the industry, including the volume and purity of the gases needed.

Chemical Industry, Industry Gas, Metallurgy Industry, Other in the Global Air Separation Equipment Market:

The Global Air Separation Equipment Market finds its application in various industries such as the Chemical Industry, Industry Gas, Metallurgy Industry, and others. In the Chemical Industry, these gases are used in various processes, including oxidation, hydrogenation, and nitration, among others. In the Industry Gas sector, the separated gases are used for various purposes, including welding, cutting, and heat treatment processes. In the Metallurgy Industry, oxygen is used in large quantities for steelmaking and other metallurgical processes. Other industries where these gases find application include healthcare, where oxygen is used for medical purposes, and the food and beverage industry, where nitrogen is used for packaging and cooling purposes.

Global Air Separation Equipment Market Outlook:

To rephrase the market outlook, the Global Air Separation Equipment Market, which was valued at US$ 4637 million in 2022, is expected to grow at a CAGR of 4.6% and reach a value of US$ 6376.5 million by 2029. This growth is driven by the increasing demand for separated gases in various industries. The market is dominated by a few major players who hold over 50% of the market share. The largest product segment in this market is the 20-60 K CMPH equipment, which holds over 55% of the market share. This segment's dominance is due to its wide range of applications in small to medium scale industries.


Report Metric Details
Report Name Air Separation Equipment Market
Accounted market size in 2022 US$ 4637 in million
Forecasted market size in 2029 US$ 6376.5 million
CAGR 4.6%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Below 20 K CMPH
  • 20-60 K CMPH
  • Above 60 K CMPH
Segment by Application
  • Chemical Industry
  • Industry Gas
  • Metallurgy Industry
  • Other
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Linde, Air Liquide, Praxair, Air Products, Taiyo Nippon Sanso, Hangyang Group, Sichuan Air Separation, HNEC, Messer, JSC Cryogenmash, AMCS, Gas Engineering LLC, Air Water
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Photoresist Chemicals Market Research Report 2023

What is Global Photoresist Chemicals Market?

The Global Photoresist Chemicals Market is a vast and dynamic sector that plays a crucial role in various industries. Photoresist chemicals are light-sensitive materials used in several industrial processes, such as photolithography and photoengraving, to form a patterned coating on a surface. These chemicals are primarily used in the manufacturing of semiconductors and microchips. The global market for these chemicals is substantial and continues to grow, driven by the increasing demand for semiconductors in various sectors such as electronics, automotive, and telecommunications.

Photoresist Chemicals Market

Positive Photoresist, Negative Photoresist in the Global Photoresist Chemicals Market:

Diving deeper into the Global Photoresist Chemicals Market, we find two main types of photoresist chemicals: Positive Photoresist and Negative Photoresist. Positive Photoresist chemicals become soluble when exposed to light, allowing the unexposed areas to be removed by the developer solution. On the other hand, Negative Photoresist chemicals become insoluble when exposed to light, meaning the exposed areas remain after the development process. The choice between positive and negative photoresist depends on the specific requirements of the manufacturing process. The Negative Photoresist segment holds a larger share of the market, indicating its widespread use in various industries.

Semiconductors & ICS, LCDs, Printed Circuit Boards, Others in the Global Photoresist Chemicals Market:

The Global Photoresist Chemicals Market finds its applications in several areas. Semiconductors & ICS, LCDs, Printed Circuit Boards, and others are some of the key areas where these chemicals are extensively used. In the semiconductor industry, photoresist chemicals are used in the photolithography process to produce integrated circuits (ICs). Similarly, in the production of LCDs, these chemicals are used to create fine patterns on glass substrates. In the manufacturing of printed circuit boards, photoresist chemicals are used to form circuit patterns. Other applications include the production of microelectromechanical systems (MEMS) and other microfabrication processes.

Global Photoresist Chemicals Market Outlook:

Now, let's take a look at the market outlook for the Global Photoresist Chemicals Market. In 2022, the market was valued at US$ 3447 million. It is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2029, reaching a value of US$ 4740.1 million by 2029. This growth is driven by the increasing demand for these chemicals in various industries, particularly in semiconductor manufacturing. The market is dominated by the top five manufacturers, who collectively hold over 40% of the market share. In terms of product types, Negative Photoresist is the largest segment, accounting for over 60% of the market.


Report Metric Details
Report Name Photoresist Chemicals Market
Accounted market size in 2022 US$ 3447 in million
Forecasted market size in 2029 US$ 4740.1 million
CAGR 4.6%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Positive Photoresist
  • Negative Photoresist
Segment by Application
  • Semiconductors & ICS
  • LCDs
  • Printed Circuit Boards
  • Others
Production by Region
  • North America
  • Europe
  • Southeast Asia
  • Japan
  • China
  • China Taiwan
  • South Korea
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company DuPont, Fujifilm Electronic Materials, Tokyo Ohka Kogyo, Merck Group, JSR Corporation, LG Chem, Shin-Etsu Chemical, Sumitomo, Chimei, Daxin, Everlight Chemical, Dongjin Semichem, Asahi Kasei, Eternal Materials, Hitachi Chemical, Chang Chun Group
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Cationic Starch Market Research Report 2023

What is Global Cationic Starch Market?

The Global Cationic Starch Market is a vast and dynamic sector that deals with the production, distribution, and consumption of cationic starch. This type of starch is chemically modified to carry positive charges, which allows it to interact with negatively charged substances like cellulose fibers, making it an essential component in various industries. The market is global in nature, meaning it encompasses the production and distribution of cationic starch across different countries and regions worldwide. The market is segmented based on the type of cationic starch produced. These include Corn Cationic Starch, Tapioca Cationic Starch, Potato Cationic Starch, Wheat, and Other Cationic Starch. Corn Cationic Starch is the most prevalent, primarily due to the abundance of corn as a raw material. Tapioca Cationic Starch is also widely used, especially in regions where tapioca is readily available. Potato Cationic Starch and Wheat Cationic Starch are less common but still significant players in the market. Other types of cationic starch are also produced, depending on the availability of raw materials and specific industry needs.

Cationic Starch Market

Corn Cationic Starch, Tapioca Cationic Starch, Potato Cationic Starch, Wheat and Other Cationic Starch in the Global Cationic Starch Market:

The Global Cationic Starch Market finds its applications in various sectors. One of the primary uses is in Paper Making Performance. The positive charges in cationic starch allow it to bind with the negatively charged cellulose fibers in paper, improving its strength and printability. The Textile Industry also uses cationic starch as a sizing agent to increase the strength of yarns during weaving. In the Mining and Sewage Treatment Industries, cationic starch is used as a flocculant to help separate solid particles from liquids. Other applications of cationic starch include its use in food and beverage industry, pharmaceuticals, and cosmetics, among others.

Paper Making Performance, Textile Industry, Mining and Sewage Treatment Industries, Others in the Global Cationic Starch Market:

The Global Cationic Starch Market is on a growth trajectory. As of 2022, the market was valued at US$ 1644 million. This value is expected to increase to US$ 2260.7 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.6% from 2023 to 2029. This growth is driven by the increasing demand for cationic starch in various industries, especially in paper making. The market is also highly competitive, with the top three players accounting for about 30% of the global market shares. The dominance of Corn Cationic Starch is evident, as it holds about 55% of the market share. Similarly, Paper Making Performance is the leading application of cationic starch, accounting for about 80% of the market share.

Global Cationic Starch Market Outlook:

In conclusion, the Global Cationic Starch Market is a significant and growing sector. Its diverse applications in various industries, coupled with the increasing demand for cationic starch, are driving its growth. As the market continues to evolve, it will be interesting to see how the dynamics change and what new opportunities arise.


Report Metric Details
Report Name Cationic Starch Market
Accounted market size in 2022 US$ 1644 in million
Forecasted market size in 2029 US$ 2260.7 million
CAGR 4.6%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Corn Cationic Starch
  • Tapioca Cationic Starch
  • Potato Cationic Starch
  • Wheat and Other Cationic Starch
Segment by Application
  • Paper Making Performance
  • Textile Industry
  • Mining and Sewage Treatment Industries
  • Others
Production by Region
  • Europe
  • North America
  • Southeast Asia
  • India
  • China
  • Mid East & Africa
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Roquette, Tate & Lyle, Cargill, Ingredion, Western Polymer, Grain Processing, Galam, Solam AB, Santosh, Sunar Misir, Starch Asia, Saurashtra, Südstärke GmbH, Honest, Chemigate, Guangxi State Farms, Shandong Fuyang Biotechnology, Zhejiang Yizhi Starch, Dezhou Runde Starch, Xilai-Starch, Nantong Yunfeng Starch, Zhucheng Xingmao Corn Developing, Papermate Science Technology
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Gelfoam Market Research Report 2023

What is Global Gelfoam Market?

The Global Gelfoam Market is a fascinating sector of the healthcare industry that focuses on the production and distribution of Gelfoam, a surgical dressing made from purified pork skin gelatin. This product is used in various surgical procedures to control bleeding, and its market has been growing steadily over the years. The Gelfoam Market is a global entity, with its products being used in hospitals, clinics, and healthcare facilities all over the world. The market is segmented into different types of Gelfoam products, such as sponge and powder-based Gelfoam. Each type has its unique properties and uses, making them suitable for different surgical procedures. The sponge-based Gelfoam is a soft, pliable, and absorbent material that can be cut to any size or shape, making it ideal for use in various surgical procedures. On the other hand, the powder-based Gelfoam is a fine, granular material that can be sprinkled onto a bleeding surface to control bleeding. Both types of Gelfoam are sterile, absorbable, and safe to use, making them a popular choice among surgeons and healthcare professionals.

Gelfoam Market

Sponge, Powder in the Global Gelfoam Market:

The Global Gelfoam Market is not just about the production and distribution of Gelfoam products. It also involves the use of these products in various surgical procedures. Gelfoam is used in minimally invasive surgery, general surgery, and other types of surgery. In minimally invasive surgery, Gelfoam is used to control bleeding and facilitate the healing process. It is inserted into the surgical site through a small incision, where it absorbs blood and forms a gelatinous mass that aids in clotting. In general surgery, Gelfoam is used to control bleeding in larger surgical sites. It is applied directly to the bleeding surface, where it absorbs blood and forms a gelatinous mass that aids in clotting. In other types of surgery, Gelfoam is used in a similar manner to control bleeding and facilitate the healing process. The use of Gelfoam in these various surgical procedures has contributed significantly to the growth of the Global Gelfoam Market.

Minimally Invasive Surgery, General Surgery, Others in the Global Gelfoam Market:

The Global Gelfoam Market is a dynamic and evolving sector of the healthcare industry. As per the market outlook, the market was valued at US$ 916.3 million in 2022 and is expected to reach US$ 1260 million by 2029, growing at a CAGR of 4.6% during the forecast period 2023-2029. The largest proportion of Gelfoam, about 44%, is used for general surgery. North America is the largest consumer of Gelfoam, accounting for nearly 42% of the global consumption. The market is dominated by several key players, including Johnson & Johnson, Gelita, Pfizer, Baxter, Ferrosan Medical Devices, B Braun, and Equimedical, who collectively hold about 92% of the market shares. These figures highlight the significant growth potential of the Global Gelfoam Market and its importance in the healthcare industry.


Report Metric Details
Report Name Gelfoam Market
Accounted market size in 2022 US$ 916.3 million
Forecasted market size in 2029 US$ 1260 million
CAGR 4.6%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Sponge
  • Powder
Segment by Application
  • Minimally Invasive Surgery
  • General Surgery
  • Others
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Johnson & Johnson, Gelita, Pfizer, Baxter, Ferrosan Medical Devices, B Braun, Equimedical
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Nursing Bras Market Research Report 2023

What is Global Nursing Bras Market?

The Global Nursing Bras Market is a comprehensive study of the current trends, growth indicators, and market dynamics that are expected to shape the growth of the Nursing Bras industry worldwide. The report provides a detailed analysis of the market size, share, growth rate, trends, and forecast from 2022 to 2029. The market for nursing bras is primarily driven by the increasing population of pregnant and lactating women who require comfortable and supportive bras during this period. The nursing bras are specially designed to provide comfort, support, and ease of feeding to the new mothers. The global nursing bras market was valued at US$ 1196.2 million in 2022 and is expected to reach US$ 1644.9 million by 2029, growing at a CAGR of 4.6% during the forecast period.

Nursing Bras Market

Underwire Nursing Bras, Wireless Nursing Bras in the Global Nursing Bras Market:

The Global Nursing Bras Market is segmented into two types: Underwire Nursing Bras and Wireless Nursing Bras. Underwire nursing bras are designed with a thin, semi-circular strip of rigid material fitted inside the brassiere fabric. They are intended to lift, separate, shape, and support the breasts. On the other hand, wireless nursing bras are free from the underwire and are considered more comfortable than the underwire bras. They provide ample support and are ideal for wearing while sleeping or lounging. The choice between underwire and wireless nursing bras depends on the comfort and personal preference of the mother. The market for both types of nursing bras is growing due to the increasing awareness about the importance of proper breast support during the nursing period.

Pregnant Women, Lactating Women in the Global Nursing Bras Market:

The Global Nursing Bras Market finds its application mainly among Pregnant Women and Lactating Women. Pregnant women require nursing bras for comfort and support as the size and weight of the breasts increase during pregnancy. The nursing bras are designed with features like extra hooks and eyes on the band, wider shoulder straps, soft cotton lining, and cups that can be opened and closed for feeding. For lactating women, nursing bras are essential for breastfeeding. They provide easy access for feeding and help in maintaining the shape of the breasts. The market for nursing bras is expected to grow as the number of pregnant and lactating women increases globally.

Global Nursing Bras Market Outlook:

The Global Nursing Bras Market outlook highlights the growth trajectory of the market. The market was valued at US$ 1196.2 million in 2022 and is projected to reach US$ 1644.9 million by 2029, growing at a CAGR of 4.6% during the forecast period. The key manufacturers of Nursing Bras include Bravado, Destination (Motherhood), Triumph, La Leche League, Anita, Medela, Cake Maternity, Leading Lady, Cantaloop, Rosemadame, Senshukai, INUjIRUSHI, Wacoal (Elomi), Sweet Mommy, Mamaway, O.C.T. Mami, Happy House, Hubo, Embry, and Aimer. These manufacturers collectively hold about 32% of the market shares. The largest market share is held by China with 26%, followed by Europe with 22%. The growth of the market is driven by the increasing demand for comfortable and supportive bras among pregnant and lactating women.


Report Metric Details
Report Name Nursing Bras Market
Accounted market size in 2022 US$ 1196.2 million
Forecasted market size in 2029 US$ 1644.9 million
CAGR 4.6%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Underwire Nursing Bras
  • Wireless Nursing Bras
Segment by Application
  • Pregnant Women
  • Lactating Women
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Bravado, Destination (Motherhood), Triumph, La Leche League, Anita, Medela, Cake Maternity, Leading Lady, Cantaloop, Rosemadame, Senshukai, INUjIRUSHI, Wacoal (Elomi), Sweet Mommy, Mamaway, O.C.T. Mami, Happy House, Hubo, Embry, Aimer
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Rebar Detector Market Research Report 2023

What is Global Rebar Detector Market?

The Global Rebar Detector Market is a sector that focuses on the production, distribution, and use of rebar detectors worldwide. Rebar detectors are devices used in the construction industry to locate reinforcement bars in concrete structures. These devices are essential in ensuring the safety and integrity of structures, as they help to prevent damage to the rebar during drilling, cutting, or coring processes. The market for these devices is global, meaning it encompasses manufacturers, distributors, and users from all over the world. The value of this market was estimated at US$ 118.9 million in 2022, and it is projected to grow to US$ 163.5 million by 2029. This growth is expected to occur at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2029.

Rebar Detector Market

Handheld Type, Laptop Type in the Global Rebar Detector Market:

The Global Rebar Detector Market is segmented into two main types: Handheld Type and Laptop Type. The Handheld Type is the most popular and efficient, accounting for 74% of the market share. These devices are portable and easy to use, making them ideal for on-site construction work. On the other hand, the Laptop Type is more sophisticated and offers more advanced features. However, it is less common due to its higher cost and complexity. Despite these differences, both types play a crucial role in the construction industry, helping to ensure the safety and integrity of structures.

Construction, Communication, Others in the Global Rebar Detector Market:

The Global Rebar Detector Market finds its applications in various sectors, with Construction being the largest consumer group, accounting for 91% of the market share. In the construction industry, rebar detectors are used to locate reinforcement bars in concrete structures, preventing damage during drilling, cutting, or coring processes. This helps to ensure the safety and integrity of structures. The Communication sector also uses rebar detectors, although to a lesser extent. These devices are used to locate and avoid damaging rebar when installing communication lines. Other sectors that use rebar detectors include the mining industry, where they are used to locate and avoid damaging reinforcement bars during drilling operations.

Global Rebar Detector Market Outlook:

The Global Rebar Detector Market outlook highlights the growth and trends in this sector. In 2022, the market was valued at US$ 118.9 million, and it is expected to reach US$ 163.5 million by 2029. This represents a compound annual growth rate (CAGR) of 4.6% from 2023 to 2029. North America is the second largest consumer of rebar detectors, accounting for 30% of the market share. The most commonly used type of rebar detector is the Handheld Type, which accounts for 74% of the market share. The largest consumer group of rebar detectors is the construction industry, which accounts for 91% of the market share.


Report Metric Details
Report Name Rebar Detector Market
Accounted market size in 2022 US$ 118.9 million
Forecasted market size in 2029 US$ 163.5 million
CAGR 4.6%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Handheld Type
  • Laptop Type
Segment by Application
  • Construction
  • Communication
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company HILTI, Bosch, Proceq, Elcometer, ZBL, Zircon Corporation, James Instruments, Beijing Concrete, Beijing TIME High Technology, ELE International, NOVOTEST, Wuhan Sinorock Technology
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Marine Composites Market Research Report 2023

What is Global Marine Composites Market?

The Global Marine Composites Market is a vast and dynamic sector that plays a crucial role in the marine industry. It encompasses a wide range of composite materials used in the construction and maintenance of marine vessels. These composites are specially designed and manufactured to withstand harsh marine conditions, providing durability, strength, and resistance to corrosion. They are used in various parts of a vessel, including the hull, deck, and mast, among others. The market is driven by the increasing demand for high-performance and lightweight materials in the marine industry, coupled with the growing marine tourism and recreational activities worldwide. However, the market also faces several challenges, such as high production costs and stringent environmental regulations. Despite these challenges, the market continues to grow, thanks to the continuous advancements in composite technology and the increasing adoption of these materials in the marine industry.

Marine Composites Market

Glass Fiber Reinforced Plastics (GFRPs), Polymer Fiber Reinforced Plastics (PFRPs), Carbon Fiber Reinforced Plastics (CFRPs), Others in the Global Marine Composites Market:

The Global Marine Composites Market is segmented into various types, including Glass Fiber Reinforced Plastics (GFRPs), Polymer Fiber Reinforced Plastics (PFRPs), Carbon Fiber Reinforced Plastics (CFRPs), and others. Each of these types has its unique properties and applications in the marine industry. GFRPs, for instance, are widely used due to their high strength-to-weight ratio, excellent resistance to corrosion, and cost-effectiveness. PFRPs, on the other hand, are known for their flexibility and high impact resistance, making them ideal for certain marine applications. CFRPs are highly valued for their superior strength and stiffness, although they are more expensive than other types. Other types of marine composites include natural fiber composites, metal matrix composites, and ceramic matrix composites, each with its unique advantages and applications.

Powerboats, Sailboats, Cruise Liner, Others in the Global Marine Composites Market:

The Global Marine Composites Market finds its application in various areas, including powerboats, sailboats, cruise liners, and others. In powerboats, these composites are used to enhance the boat's speed and fuel efficiency, while in sailboats, they are used to improve the boat's performance and durability. In cruise liners, marine composites are used in various parts of the ship, including the hull, deck, and interior, to provide strength, durability, and aesthetic appeal. Other applications of marine composites include yachts, ferries, naval vessels, and offshore vessels, among others. The use of these composites in these areas is driven by their numerous advantages over traditional materials, such as wood and metal, including their lightweight, high strength, corrosion resistance, and ease of maintenance.

Global Marine Composites Market Outlook:

The future outlook of the Global Marine Composites Market is promising, with the market expected to grow significantly in the coming years. As of 2022, the market was valued at US$ 1399 million, and it is projected to reach US$ 1923.8 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period from 2023 to 2029. This growth is attributed to the increasing demand for marine composites in the marine industry, driven by their numerous advantages over traditional materials. Furthermore, the market is dominated by the top four manufacturers, who collectively hold a market share of over 20%. In terms of product type, GFRPs are the largest segment, accounting for over 80% of the market share, thanks to their cost-effectiveness and excellent properties.


Report Metric Details
Report Name Marine Composites Market
Accounted market size in 2022 US$ 1399 in million
Forecasted market size in 2029 US$ 1923.8 million
CAGR 4.6%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Glass Fiber Reinforced Plastics (GFRPs)
  • Polymer Fiber Reinforced Plastics (PFRPs)
  • Carbon Fiber Reinforced Plastics (CFRPs)
  • Others
Segment by Application
  • Powerboats
  • Sailboats
  • Cruise Liner
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company 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
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Automated Hydrogen Generator Market Research Report 2025

What is Global Automated Hydrogen Generator Market? The Global Automated Hydrogen Generator Market refers to the industry focused on the pr...