About Me

WK Information’s purpose is to support clients to make informed optimal decisions. Our reports cover a variety of fields, from niche market to general market. Our consistent growth and ability to deliver in-depth analyses and market insight has engaged genuine.

Follow us


04 Aug

Global Cristobalite Market Insight

Global cristobalite will increase steadily over the next...

03 Aug

Global Gold Nanoparticles Market Insight

The Gold Nanoparticles is forecast to crazy increase...

26 Jul

Global Flue Gas Desulfurization Market Insight

The Flue Gas Desulfurization is forecast to steadily...

25 Jul

Global Epoxy Reactive Diluents Market Insight

According to the WK-chem Research “Global Epoxy Reactive...

20 Jan
Global 3D-Printed Composites Market Insight January 20, 2022 Comments

The 3D-Printed Composites is forecast to fast increase over the next four years.According to the WK-chem Research “Global 3D-Printed Composites Professional Survey Report 2022, Forecast to 2027”, 3D printing or additive manufacturing (AM) is still at a nascent stage in the composites industry, but the technology possesses huge opportunities in most of the industry verticals including aerospace & defense and automotive. The technology offers several benefits over existing processes, such as lower part cycle time, efficient part manufacturing, ability to create variable geometries, reduction in waste, no need for expensive tools, and compatibility with all possible material combinations.The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 7.5% base on WK-chem Research regression analysis model.

Analysts’ Viewpoint:

“Due to the increasingly fierce market competition, it is recommended that companies in the market value chain adopt strategies such as capacity expansion, new product development and acquisition to maintain and expand the market share of 3D-Printed Composites.”Said Tom, Senior analyst, Chemical industry Market Research Center in WK-chem Research.

Market insight:

Traditionally, the glass fiber and carbon fiber composites industry was concentrated in Japan, North America, and Europe. However, in recent years, there has been a significant shift toward the emerging economies in APAC and Rest of the World. For instance, the demand for glass fiber and carbon fiber composites in aerospace, wind energy, and transportation sectors has increased in the emerging economies, such as India, Brazil, and China, due to the strong demand for low-cost carriers. Countries, including China, have launched a number of research projects involving glass fiber and carbon fiber composites, and its rapid industrialization is likely to accommodate the increase in demand. Moreover, with the rapid economic growth and industrialization in the emerging nations, cyclic industries such as automotive, pipe and tanks, and construction and infrastructure are expected to grow rapidly, driving the demand for GFRP and CFRP. Further, for the upgradation, maintenance of existing infrastructure and the creation of new cities with water treatment facilities, the demand for composites in the construction & infrastructure industry as well as in pipes & tanks is expected to grow during the forecast period.

Manufacturing and non-recurring development costs continue to limit the penetration of composites in several applications such as sporting goods, marine, and consumer goods. Design consistency, process standardization, and maintenance technology are the major issues of concern. The lack of standardization of material and methodologies compels the manufacturers to consider conservative designs, which hampers the mass production and economic performance of automobiles and aircraft. In addition, limited human resources with training and experience in composites restrain broader applications of composites.The high cost of composites has been an important point of concern associated with its increasing use in structural applications. The real potential of composites has not yet been realized owing to R&D costs, high manufacturing costs, and increased cycle times. Many applications of aerospace composites have been discovered, but due to high-cost constraints, commercialization of these applications is yet to get started. Owing to the high R&D costs, developing low-cost technologies is a major challenge for all the researchers and key manufacturers.

Competition Landscape:

This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading 3D-Printed Composites companies that include Owens Corning (US), Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Holdings Corporation (Japan), Hexcel Corporation (US), SGL Group (Germany), Nippon Electrical Glass Co. Ltd. (Japan), Huntsman International LLC. (US), and Solvay (Belgium).

Segmentation of 3D-Printed Composites Market:

Based on the reinforcement type, the market is segmented as carbon fiber composites, glass fiber composites, and other composites. Carbon fiber is projected to remain the largest reinforcement type in the market during the forecast period. This fiber type is also likely to witness the highest growth during the same period. Carbon fiber offers a wide array of advantages over competing materials, such as lightweight, higher strength and stiffness, and exceptional fatigue and corrosion resistance. The penetration of carbon fiber is incessantly increasing, owing to its excellent properties and external market factors. High demand for lightweight components in the structural applications for improving fuel efficiency or reducing carbon emissions is the leading growth driver of the increased demand for carbon fibers in major industries such as aerospace & defense and automotive.Based on application, the 3D-Printed Composites is segmented into aerospace & defense, wind energy, automotive & transportation, construction & infrastructure, pipes & tanks, and marine.Automotive & Transportation industry has the largest market share in the global composites.The saving in weight for a given level of strength makes the use of composites vital in the automotive & transportation industry. The automotive and rail sectors are focused on reducing weight and increasing the efficiency of vehicles and exploiting more advanced materials. The composites industry has experienced a sheer transformation in the development of manufacturing process in terms of automation; however, end-use industries such as automotive are still demanding further reduction in the overall cycle time of finished parts. At the same time, they are also looking for a process that curtails wastage during production. Here, 3D printing plays a vital role in delivering the customers’ expectation by making parts in lesser time with reduced wastage.

3D-Printed Composites Market: Regional Analysis

In terms of geography, the global 3D-Printed Composites market has been segmented into: North America,Europe, APAC, Latin America. APAC held the largest market share in the composites market.APAC is the major consumer of composite owing to high demand from China, Japan, India, and other countries. Major end-use industries of composites in the APAC market include construction, automotive and transportation, aerospace & defense, and wind energy among others. Advancements in technology, regulatory policies, and government norms are some of the major factors driving the composites market in APAC.The region is also the largest manufacturer of advanced composites globally. Additionally, many ongoing R&D projects favor the growth of 3D-printed composite parts in this region.

Cagr: 7.5%
Largest share area: APAC
Largest share country:China
Product Type:Carbon Fiber Composites, Glass Fiber Composites, Other Composites
Application:Aerospace & Defense, Wind Energy, Automotive & Transportation, Construction & Infrastructure, Pipes & Tanks, Marine
Leading Company:Owens Corning, Toray Industries, Inc., Teijin Limited, Mitsubishi Chemical Holdings Corporation, Hexcel Corporation