Functional Composites Market by Type (Metal Matrix Composites, Polymer Matrix Composites), Function (Thermally Conductive, Electrically Conductive); End-User (Consumer Goods & Electronics, Transportation) and by Region (North America, Europe, Asia Pacific, South America, Middle East and Africa) Global Trends and Forecast from 2023 to 2029

Published on: Apr 2023
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Number Of Pages:130

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Market Size	CAGR	Dominating Region
USD 84.67 billion by 2029	8.7%	Asia Pacific

By Type	By Function	By End-User	By Region
Metal Matrix Composites Polymer Matrix Composites	Thermally Conductive Electrically Conductive	Consumer Goods & Electronics Transportation	North America Europe Asia Pacific South America Middle East And Africa

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The global Functional Composites market was valued at USD 47.22 billion in 2022, and is projected to reach USD 84.67 billion by 2029, growing at a CAGR of 8.7% from 2023 to 2029

Functional Composites Market Overview

Recent advancements in optical fabrication and deposition techniques, as well as rising consumer demand for efficient optical devices, are expected to drive the Functional Composites market over the course of the forecast period. Functional Composites are being used more frequently in a variety of sectors, including electronics, transportation, and building & construction.

Functional Composites are substances with unique electrical, magnetic, and optical properties that cannot be attained by each of their individual constituents alone. In other words, functional composites combine the qualities of different materials and their advantages. Compared to the original materials, they are stiffer, stronger, tougher, lighter, and more resilient. Reduced weight, increased biodegradability, enhanced barrier properties, improved mechanical properties, novel formulations for extrusion goods, improved weather resistance, higher adhesive capabilities, and high temperature resistance are just a few of the exceptional qualities made possible by these.

Photonic crystals are a type of functional composite where both the matrix and the filler are solid phases, like in opal and other structures. Additionally, these composites support a variety of biomaterials that are shielded from one another by effective coating systems. A composite material is a multi-phase system made up of reinforcing and matrix materials. Metal matrix composites, inorganic non-metallic matrix composites, and polymer matrix composites are all types of continuous matrix material.

ATTRIBUTE	DETAILS
Study period	2022-2029
Base year	2021
Estimated year	2022
Forecasted year	2022-2029
Historical period	2018-2020
Unit	Value (USD Billion) (Kilotons)
Segmentation	By Type, By Function, By End-user, By Region.
By Type	Metal Matrix Composites Polymer Matrix Composites
By Function	Thermally Conductive Electrically Conductive
By End-user	Consumer Goods & Electronics Transportation
By Region	North America Europe Asia Pacific South America Middle East and Africa

Functional composites can be divided according to type into three categories: epoxy resin matrix composites, metal matrix composites (aluminium matrix composites), and polymer matric composites. Fibre is used as reinforcement in polymer matrix composite materials, and organic polymer serves as the matrix. Typically, reinforcement fibres are the main load-bearing component because their strength is greater than that of the matrix material. Metal matrix composites use fibres of a ceramic material, such as graphite/silicon carbide, to reinforce low-density metal, such as aluminium. Due to its low density and strong specific mechanical properties, aluminium metal matrix is widely used in the automotive industry. The demand for functional metal matrix composites is dominated by aluminium composite matrix. The demand for aluminium matrix composites is primarily driven by expansion in the automotive and aerospace industries. Functional composite materials can also be divided into three categories based on their reinforcement methods: diffusion-enhanced composite materials, particle-enhanced composite materials, and fiber-reinforced composite materials. Automotive, aerospace, defence, electrical, electronics, and other industries use functional composite materials extensively.

Due to their developed aerospace and defence industries, Europe and North America currently hold the lion’s share of the global functional composite market. North America and Europe are home to many function composites manufacturers. However, Asia-Pacific nations are growing steadily in terms of year-over-year growth in the demand for functional composites. The demand for various kinds of functional composites is primarily driven by the expansion of industrialization in Asia-Pacific. Asia Pacific’s automotive and aerospace sectors, particularly those in China, India, and Japan, are growing steadily. As a result, the demand for functional composites in the area is increasing.

Functional Composites Market | Exactitude Consultancy

Functional Composites Market Segment Analysis

Based on type, service, end-user, process and region, the global market for professional Functional Composites is divided into these categories.

On the basis of types functional composite is divided into Metal Matrix Composites, Polymer Matrix Composites. Metal matrix composites use fibres of a ceramic material, such as graphite/silicon carbide, to strengthen low-density metal, such as aluminium. Because to its low density and strong specific mechanical properties, aluminium metal matrix is frequently employed in the automobile industry. The demand for functional metal matrix composites is dominated by aluminium composite matrix. The demand for aluminium matrix composites is primarily driven by expansion in the automotive and aerospace industries.

Due to its piezoelectric, magnetic, semiconducting, and conducting capabilities, polymer matrix composites are frequently employed in the semiconductor and electronics industries. As a result, they are utilized in electrical boards, electronic sheets, magnetic coils, and casings for structural components.

On the basis of function functional composites divided into Thermally Conductive, Electrically Conductive

A composite material’s thermal conductivity is influenced by the fibre, resin, fibre volume fraction, fibre orientation, heat flow direction, and operating temperature. Composites have anisotropic thermal conductivity by nature.

It is now possible to give the user the physical characteristics of a metal in a thermoplastic polymer for the first time thanks to highly electrically conductive polymer composites. As a result, these highly electrically conductive polymer composites represent a hybrid class of materials that, on the one hand, allow the user to attain extremely high electrical conductivity in a purely metallic form. On the other hand, they simultaneously provide thermoplastics’ processing flexibility, including FFF printing, extrusion, and injection moulding.

Functional Composites Market Key Players

The major players operating in the global Functional Composites industry include 3M Company, Applied Materials, Inc., Momentive Performance Materials Inc., Kyocera Corporation, E.I. DuPont de Nemours, Covestro AG, Air Products, Materion Corporation, Aerospace Metal Composites Limited, and GKN PLC and others.

4 March 2022: KYOCERA AVX, a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, is set to acquire ROHM Semiconductor’s tantalum and polymer capacitor business assets. The two companies recently reached a final agreement, which states that ROHM Semiconductor (ROHM Co., Ltd.) will transfer its tantalum and polymer capacitor business assets — including all of its tantalum and polymer capacitor manufacturing lines and relevant intellectual property — to KYOCERA AVX.

12 November 2021: Kyocera Corporation (President: Hideo Tanimoto, hereinafter “Kyocera”) has entered a comprehensive partnership agreement with the towns of China-cho (pronounced Chi-na) and Wadomari-cho on Okinoerabu Island, Kagoshima Prefecture, Japan, to construct a renewable energy microgrid.

Who Should Buy? Or Key Stakeholders

Manufacturing
End Use industries
Automotive Industries
Industrial Vehicles
Aviation
Regulatory Authorities
Research Organizations
Metal Processing Industries
Construction

Functional Composites Market Regional Analysis

Geographically, the Functional Composites market is segmented into North America, South America, Europe, APAC and MEA.

North America: includes the US, Canada, Mexico
Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
South America: includes Brazil, Argentina and Rest of South America
Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA

In terms of value, the Asia Pacific region held the greatest market share for Functional Composites in 2020. Because labour and raw materials are less expensive in Asia Pacific than in Europe and North America, Functional Composites manufacturers have more opportunities there. The primary factor driving its expansion is the rising demand from the end-use industries of building & construction and transportation. The demand for Functional Composites is particularly high in China, Japan, India, and South Korea, among other nations. The demand for Functional Composites is also anticipated to rise over the next five years due to an increase in foreign direct investment (FDI) in the infrastructure and transportation sectors.

Key Market Segments: Functional Composites Market

Functional Composites Market By Type, 2020-2029, (USD Billion) (Kilotons)

Metal Matrix Composites
Polymer Matrix Composites

Functional Composites Market By Function, 2020-2029, (USD Billion) (Kilotons)

Thermally Conductive
Electrically Conductive

Functional Composites Market By End-User, 2020-2029, (USD Billion) (Kilotons)

Consumer Goods & Electronics
Transportation

Functional Composites Market By Region 2022-2029, (USD Billion) (Kilotons)

North America
Europe
Asia Pacific
South America
Middle East And Africa

Important Countries In All Regions Are Covered

Exactitude Consultancy Services Key Objectives:

Increasing sales and market share
Developing new technology
Improving profitability
Entering new markets
Enhancing brand reputation

Key Questions Answered: –

What is the expected growth rate of the functional composites market over the next 7 years?
Who are the major players in the functional composites market and what is their market share?
What are the end-user industries driving demand for market and what is their outlook?
What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
How is the economic environment affecting the functional composites market, including factors such as interest rates, inflation, and exchange rates?
What is the expected impact of government policies and regulations on the functional composites market?
What is the current and forecasted size and growth rate of the global functional composites market?
What are the key drivers of growth in the functional composites market?
Who are the major players in the market and what is their market share?
What are the distribution channels and supply chain dynamics in the functional composites market?
What are the technological advancements and innovations in the functional composites market and their impact on product development and growth?
What are the regulatory considerations and their impact on the market?
What are the challenges faced by players in the functional composites market and how are they addressing these challenges?
What are the opportunities for growth and expansion in the functional composites market?
What are the product offerings and specifications of leading players in the market?
What is the pricing trend of functional composites in the market and what is the impact of raw material prices on the price trend?

Introduction
1. Market Definition
2. Market Segmentation
3. Research Timelines
4. Assumptions and Limitations
Research Methodology
1. Data Mining
  1. Secondary Research
  2. Primary Research
  3. Subject-Matter Experts’ Advice
2. Quality Checks
  1. Final Review
3. Data Triangulation
  1. Bottom-Up Approach
  2. Top-Down Approach
  3. Research Flow
4. Data Sources
Executive Summary
Market Overview
1. Global Functional Composites Market Outlook
  1. Market Drivers
  2. Market Restraints
  3. Market Opportunities
2. Impact of Covid-19 On Functional Composites Market
3. Porter’s five forces model
  1. Threat from new entrants
  2. Threat from substitutes
  3. Bargaining power of suppliers
  4. Bargaining power of customers
  5. Degree of competition
4. Industry value chain Analysis
Global Functional Composites Market by Type, 2020-2029, (USD BILLION)
1. Metal Matrix Composites
2. Polymer Matrix Composites
Global Functional Composites Market by Function, 2020-2029, (USD BILLION)
1. Thermally Conductive
2. Electrically Conductive
Global Functional Composites Market by End-user, 2020-2029, (USD BILLION)

8.1. Consumer Goods & Electronics

8.2. Transportation

Global Functional Composites Market by Region, 2020-2029, (USD BILLION)
1. North America
  1. US
  2. Canada
  3. Mexico
2. South America
  1. Brazil
  2. Argentina
  3. Colombia
  4. Rest of South America
3. Europe
  1. Germany
  2. UK
  3. France
  4. Italy
  5. Spain
  6. Russia
  7. Rest of Europe
4. Asia Pacific
  1. India
  2. China
  3. Japan
  4. South Korea
  5. Australia
  6. South-East Asia
  7. Rest of Asia Pacific
5. Middle East and Africa
  1. UAE
  2. Saudi Arabia
  3. South Africa
  4. Rest of Middle East and Africa

Company Profiles*

(Business Overview, Company Snapshot, Product Offered, Recent Developments)

Airbus Group SE.
The Boeing Company
China Guodian Corporation.
Alstom Wind
General Electric Company.
Foxconn Technology Group
Daimler AG.
Volkswagen AG
Ferrari S.p.A.
3M Company.
3A Composites Inc.
Kyocera Corporation

*The Company List Is Indicative

LIST OF TABLES

TABLE 1 GLOBAL FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 2 GLOBAL FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 3 GLOBAL FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 4 GLOBAL FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 5 GLOBAL FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 6 GLOBAL FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 7 GLOBAL FUNCTIONAL COMPOSITES MARKET BY REGION (USD BILLION) 2020-2029

TABLE 8 GLOBAL FUNCTIONAL COMPOSITES MARKET BY REGION (KILOTONS) 2020-2029

TABLE 9 NORTH AMERICA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 10 NORTH AMERICA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 11 NORTH AMERICA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 12 NORTH AMERICA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 13 NORTH AMERICA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 14 NORTH AMERICA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 15 NORTH AMERICA FUNCTIONAL COMPOSITES MARKET BY COUNTRY (USD BILLION) 2020-2029

TABLE 16 NORTH AMERICA FUNCTIONAL COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2029

TABLE 17 US FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 18 US FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 19 US FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 20 US FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 21 US FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 22 US FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 23 CANADA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 24 CANADA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 25 CANADA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 26 CANADA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 27 CANADA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 28 CANADA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 29 MEXICO FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 30 MEXICO FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 31 MEXICO FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 32 MEXICO FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 33 MEXICO FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 34 MEXICO FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 35 SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 36 SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 37 SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 38 SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 39 SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 40 SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 41 SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY COUNTRY (USD BILLION) 2020-2029

TABLE 42 SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2029

TABLE 43 BRAZIL FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 44 BRAZIL FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 45 BRAZIL FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 46 BRAZIL FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 47 BRAZIL FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 48 BRAZIL FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 49 ARGENTINA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 50 ARGENTINA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 51 ARGENTINA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 52 ARGENTINA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 53 ARGENTINA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 54 ARGENTINA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 55 COLOMBIA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 56 COLOMBIA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 57 COLOMBIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 58 COLOMBIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 59 COLOMBIA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 60 COLOMBIA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 61 REST OF SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 62 REST OF SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 63 REST OF SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 64 REST OF SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 65 REST OF SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 66 REST OF SOUTH AMERICA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 67 ASIA-PACIFIC FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 68 ASIA-PACIFIC FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 69 ASIA-PACIFIC FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 70 ASIA-PACIFIC FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 71 ASIA-PACIFIC FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 72 ASIA-PACIFIC FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 73 ASIA-PACIFIC FUNCTIONAL COMPOSITES MARKET BY COUNTRY (USD BILLION) 2020-2029

TABLE 74 ASIA-PACIFIC FUNCTIONAL COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2029

TABLE 75 INDIA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 76 INDIA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 77 INDIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 78 INDIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 79 INDIA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 80 INDIA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 81 CHINA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 82 CHINA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 83 CHINA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 84 CHINA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 85 CHINA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 86 CHINA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 87 JAPAN FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 88 JAPAN FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 89 JAPAN FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 90 JAPAN FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 91 JAPAN FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 92 JAPAN FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 93 SOUTH KOREA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 94 SOUTH KOREA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 95 SOUTH KOREA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 96 SOUTH KOREA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 97 SOUTH KOREA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 98 SOUTH KOREA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 99 AUSTRALIA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 100 AUSTRALIA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 101 AUSTRALIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 102 AUSTRALIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 103 AUSTRALIA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 104 AUSTRALIA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 105 SOUTH-EAST ASIA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 106 SOUTH-EAST ASIA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 107 SOUTH-EAST ASIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 108 SOUTH-EAST ASIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 109 SOUTH-EAST ASIA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 110 SOUTH-EAST ASIA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 111 REST OF ASIA PACIFIC FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 112 REST OF ASIA PACIFIC FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 113 REST OF ASIA PACIFIC FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 114 REST OF ASIA PACIFIC FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 115 REST OF ASIA PACIFIC FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 116 REST OF ASIA PACIFIC FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 117 EUROPE FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 118 EUROPE FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 119 EUROPE FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 120 EUROPE FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 121 EUROPE FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 122 EUROPE FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 123 EUROPE FUNCTIONAL COMPOSITES MARKET BY COUNTRY (USD BILLION) 2020-2029

TABLE 124 EUROPE FUNCTIONAL COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2029

TABLE 125 GERMANY FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 126 GERMANY FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 127 GERMANY FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 128 GERMANY FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 129 GERMANY FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 130 GERMANY FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 131 UK FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 132 UK FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 133 UK FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 134 UK FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 135 UK FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 136 UK FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 137 FRANCE FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 138 FRANCE FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 139 FRANCE FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 140 FRANCE FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 141 FRANCE FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 142 FRANCE FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 143 ITALY FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 144 ITALY FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 145 ITALY FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 146 ITALY FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 147 ITALY FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 148 ITALY FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 149 SPAIN FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 150 SPAIN FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 151 SPAIN FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 152 SPAIN FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 153 SPAIN FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 154 SPAIN FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 155 RUSSIA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 156 RUSSIA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 157 RUSSIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 158 RUSSIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 159 RUSSIA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 160 RUSSIA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 161 REST OF EUROPE FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 162 REST OF EUROPE FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 163 REST OF EUROPE FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 164 REST OF EUROPE FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 165 REST OF EUROPE FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 166 REST OF EUROPE FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 167 MIDDLE EAST AND AFRICA FUNCTIONAL COMPOSITES MARKET BY COUNTRY (USD BILLION) 2020-2029

TABLE 168 MIDDLE EAST AND AFRICA FUNCTIONAL COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2029

TABLE 169 UAE FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 170 UAE FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 171 UAE FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 172 UAE FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 173 UAE FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 174 UAE FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 175 SAUDI ARABIA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 176 SAUDI ARABIA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 177 SAUDI ARABIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 178 SAUDI ARABIA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 179 SAUDI ARABIA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 180 SAUDI ARABIA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 181 SOUTH AFRICA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 182 SOUTH AFRICA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 183 SOUTH AFRICA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 184 SOUTH AFRICA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 185 SOUTH AFRICA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 186 SOUTH AFRICA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

TABLE 187 REST OF MIDDLE EAST AND AFRICA FUNCTIONAL COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2029

TABLE 188 REST OF MIDDLE EAST AND AFRICA FUNCTIONAL COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2029

TABLE 189 REST OF MIDDLE EAST AND AFRICA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (USD BILLION) 2020-2029

TABLE 190 REST OF MIDDLE EAST AND AFRICA FUNCTIONAL COMPOSITES MARKET BY FUNCTION (KILOTONS) 2020-2029

TABLE 191 REST OF MIDDLE EAST AND AFRICA FUNCTIONAL COMPOSITES MARKET BY END-USER (USD BILLION) 2020-2029

TABLE 192 REST OF MIDDLE EAST AND AFRICA FUNCTIONAL COMPOSITES MARKET BY END-USER (KILOTONS) 2020-2029

LIST OF FIGURES

FIGURE 1 MARKET DYNAMICS

FIGURE 2 MARKET SEGMENTATION

FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED

FIGURE 4 DATA TRIANGULATION

FIGURE 5 BOTTOM-UP APPROACH

FIGURE 6 TOP-DOWN APPROACH

FIGURE 7 RESEARCH FLOW

FIGURE 8 GLOBAL FUNCTIONAL COMPOSITES MARKET BY TYPE, USD BILLION, 2020-2029

FIGURE 9 GLOBAL FUNCTIONAL COMPOSITES MARKET BY FUNCTION, USD BILLION, 2020-2029

FIGURE 10 GLOBAL FUNCTIONAL COMPOSITES MARKET BY END-USER, USD BILLION, 2020-2029

FIGURE 11 GLOBAL FUNCTIONAL COMPOSITES MARKET BY REGION, USD BILLION, 2020-2029

FIGURE 12 PORTER’S FIVE FORCES MODEL

FIGURE 13 GLOBAL FUNCTIONAL COMPOSITES MARKET BY TYPE, USD BILLION, 2021

FIGURE 14 GLOBAL FUNCTIONAL COMPOSITES MARKET BY FUNCTION, USD BILLION, 2021

FIGURE 15 GLOBAL FUNCTIONAL COMPOSITES MARKET BY END-USER, USD BILLION, 2021

FIGURE 16 GLOBAL FUNCTIONAL COMPOSITES MARKET BY REGION 2021 USD BILLION

FIGURE 17 MARKET SHARE ANALYSIS

FIGURE 18 AIRBUS GROUP SE: COMPANY SNAPSHOT

FIGURE 19 THE BOEING COMPANY: COMPANY SNAPSHOT

FIGURE 20 CHINA GUODIAN CORPORATION: COMPANY SNAPSHOT

FIGURE 21 ALSTOM WIND: COMPANY SNAPSHOT

FIGURE 22 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT

FIGURE 23 FOXCONN TECHNOLOGY GROUP: COMPANY SNAPSHOT

FIGURE 24 DAIMLER AG: COMPANY SNAPSHOT

FIGURE 25 VOLKSWAGEN AG: COMPANY SNAPSHOT

FIGURE 26 FERRARI S.P.A: COMPANY SNAPSHOT

FIGURE 27 3M COMPANY: COMPANY SNAPSHOT

FIGURE 28 3A COMPOSITES INC.: COMPANY SNAPSHOT

FIGURE 29 KYOCERA CORPORATION: COMPANY SNAPSHOT

• What is the worth of global Functional Composites market?

The global Functional Composites market was valued at 47.22 billion in 2022, and is projected to reach 84.67 billion by 2029, growing at a CAGR of 8.7% from 2022 to 2029

• Which market segments are covered in the report on the Functional Composites market?

Based on by type, by Function, by end-user and by region the Functional Composites market report’s divisions are broken down.

• What is the CAGR of Functional Composites market?

The global Functional Composites market registered a CAGR of 16.7% from 2022 to 2029. The industry segment was the highest revenue contributor to the market.

• Which are the top companies to hold the market share in Functional Composites market?

• Which is the largest regional market for the Functional Composites market?

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INTERESTED IN THIS RESEARCH?

REPORT OUTLOOK

SCOPE OF THE REPORT

Functional Composites Market Overview

Functional Composites Market Segment Analysis

Functional Composites Market Key Players

Who Should Buy? Or Key Stakeholders

Functional Composites Market Regional Analysis

Key Market Segments: Functional Composites Market

Exactitude Consultancy Services Key Objectives:

Key Questions Answered: –

Table of Content

LIST OF TABLES

LIST OF FIGURES

FAQ

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