Hybrid Composites Market | Exactitude Consultancy Reports

Fri, 02 Jun 2023 11:30:34 +0000

The global hybrid composites market is projected to grow from USD 522 Million in 2022 to USD 5678 Million by 2029, at a CAGR of 13% during the forecast period.

Hybrid Composites Market Overview
Hybrid composites are materials that consist of two or more types of fibers embedded in a single polymer matrix. To generate hybrid composites, several fiber types must be linked into a single matrix. Due to their adaptable qualities, such as their lightweight, high strength-to-weight ratio, low cost, and ease of structure creation, hybrid composites are used in a wide variety of technical applications. Composites and hybrid composites are used extensively in the automotive industry for both interior and exterior purposes. Some of the specific advantages of hybrid composites over traditional composites include balanced strength and stiffness, balanced bending and membrane mechanical properties, balanced thermal distortion stability, reduced weight and/or cost, improved fatigue resistance, reduced notch sensitivity, improved fracture toughness and/or crack-arresting properties, and improved impact resistance.
Segment Analysis
The global hybrid composites market segment is based on fiber type, resin, and end-use industry. By fiber type, the market is bifurcated into Carbon/Glass and Glass/Carbon Hybrid Composites, Aramid (Kevlar)/Carbon Hybrid Composites, Hmpp/Carbon Hybrid Composites, Uhmwpe/Carbon Hybrid Composites, Other Fiber Hybrid Composites. By resin type, the market is bifurcated into Thermoset Hybrid Composite and Thermoplastic Hybrid Composite. Based on the end-use industry the market is bifurcated into Aerospace & Defense, Wind Energy, Automotive & Transportation, Sporting Goods, and Marine.

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