Marine Composites Market by Type (Glass Fiber Composites, Carbon Fiber Composites, Foam Core Materials), by Application (Power Boats, Cruise Ships, Sail Boats) - Global Trends and Forecasts to 2019

Composites have found wide acceptance in various industries including marine because of their light weight and superior environmental resistance characteristics. On the basis of application areas, the market of marine composites can be broadly segmented into power boats, cruise ships, and sail boats. Though power boats is the major application of marine composites and serves an array of industries including marine leisure market, sail boats is an emerging market and the demand for the same is growing at a high pace.

The North American region is the biggest market of marine composites, accounting for half of the total marine composites demand. There is a lot of scope in the Asia-Pacific market due to the expanding manufacturing base for cruise ships and power boats in the region. With the emerging technological developments and innovations in the region, the demand for marine composites may further augment at a higher pace.

Currently, the reach of marine composites is increasing in power boats and cruise ships segment. The key drivers for increasing demand of marine composites are rise in demand of fuel efficient vehicles and increasing use of high speed boats in recreation activities. The design flexibility offered by composites is further pushing the market of marine composites in different marine applications. Technological developments & innovations and expansion are identified as key strategies to expand the marine composites market.

This study on marine composites market estimates its global demand and market size in terms of value for 2013 and projects the expected demand and also the market size the same by 2019. As a part of the quantitative analysis, the study segments the global market by types and applications at country level with current market estimation and forecast till 2019. The countries covered in the report are the U.S., Canada, Germany, Italy, France, Japan, China, South Korea, and Argentina. The segmentation by type includes glass fiber composites, carbon fiber composites and foam core materials; while on the basis of its application, the segmentation includes power boats, cruise ships, sail boats, and others.

As a part of qualitative analysis, the research provides report with a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, and key issues in the market.

It also includes company profiling and competitive strategies adopted by various market players including Toray Industries (Japan), Mitsubishi Rayon Co. Ltd (Japan), Owens Corning (U.S.), 3A composites (Switzerland), Cytec Industries Inc (U.S.), E. I. Du Pont de Nemours and Company (U.S.), Gurit Holding Ag (Switzerland), Hexcel Corporation Inc. (U.S.), SGL Group (Germany), and Teijin Limited (Japan).

TABLE OF CONTENTS

1 INTRODUCTION
1.1 OBJECTIVES
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED IN THE REPORT
1.4 CURRENCY & PRICING
1.5 PACKAGE SIZE
1.6 LIMITATIONS
1.7 STAKE HOLDERS

2 RESEARCH METHODOLOGY
2.1 MARKET SIZE ESTIMATION
2.2 MARKET CRACKDOWN & DATA TRIANGULATION
2.3 MARKET SHARE ESTIMATION
2.3.1 KEY DATA FROM SECONDARY SOURCES
2.3.2 KEY DATA FROM PRIMARY SOURCES
2.3.2.1 Key Industry Insights
2.4 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS
4.1 MARINE COMPOSITES MARKET IN NORTH AMERICA
4.2 U.S. DOMINATES THE GLOBAL MARINE COMPOSITES MARKET
4.3 MARINE COMPOSITES MARKET: DEVELOPED VS. DEVELOPING NATIONS
4.4 LIFE CYCLE ANALYSIS, BY REGION

5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rise In Demand Of High Speed Boats
5.2.1.2 Better Properties As Compared To Other Alternatives
5.2.1.3 Design Flexibility of Vessels
5.2.1.4 Rise in Demand of Fuel Efficient Vehicles
5.2.2 RESTRAINTS
5.2.2.1 Concern About Reparability and Recyclability
5.2.2.2 High Cost of Carbon Fiber
5.2.2.3 Poor Fire Resistant Properties
5.2.2.4 Increasing Styrene Regulations
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing Leisure Boat Market
5.2.3.2 Advancement in Technologies
5.2.4 CHALLENGES
5.2.4.1 High Capital Cost
5.2.4.2 Recyclability of Composites
5.3 BURNING ISSUES
5.3.1 NEED FOR LOW COST PRODUCTION TECHNOLOGIES
5.4 STRATEGIC BENCHMARKING

6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.3 PORTER’S FIVE FORCES ANALYSIS
6.3.1 BARGAINING POWER OF SUPPLIERS
6.3.2 BARGAINING POWER OF BUYERS
6.3.3 THREAT OF SUBSTITUTES
6.3.4 THREAT OF NEW ENTRANTS
6.3.5 DEGREE OF COMPETITION
6.4 REGULATORY FRAMEWORK
6.5 RAW MATERIAL ANALYSIS
6.6 GREEN COMPOSITES
6.6.1 METHODS OF MANUFACTURING GREEN COMPOSITES
6.6.2 ADVANTAGES OF GREEN COMPOSITES
6.6.3 DISADVANTAGES OF GREEN COMPOSITES
6.6.4 APPLICATIONS OF GREEN COMPOSITES

7 MARINE COMPOSITES MARKET, BY TYPE
7.1 INTRODUCTION
7.1.1 METAL MATRIX COMPOSITE (MMC)
7.1.2 CERAMIC MATRIX COMPOSITE (CMC)
7.1.3 POLYMER MATRIX COMPOSITE (PMC)
7.1.3.1 Glass fiber composites
7.1.3.2 Carbon fiber composites
7.1.3.3 Foam core materials

8 MARINE COMPOSITES MARKET, BY APPLICATION
8.1 INTRODUCTION
8.2 POWER BOAT
8.3 CRUISE SHIP
8.4 SAIL BOAT
8.5 OTHERS

9 MARINE COMPOSITES MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 U.S.
9.2.2 CANADA
9.3 EUROPE
9.3.1 ITALY
9.3.2 GERMANY
9.3.3 FRANCE
9.3.4 U.K.
9.4 ASIA-PACIFIC
9.4.1 JAPAN
9.4.2 SOUTH KOREA
9.4.3 CHINA
9.5 REST OF THE WORLD (ROW)
9.5.1 ARGENTINA

10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 COMPETITIVE SITUATION & TRENDS
10.3 EXPANSIONS: THE MOST POPULAR GROWTH STRATEGY
10.3.1 EXPANSIONS
10.3.2 AGREEMENTS & COLLABORATIONS
10.3.3 NEW PRODUCT LAUNCHES & DEVELOPMENTS
10.3.4 MERGERS & ACQUISITIONS

11 COMPANY PROFILES
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 INTRODUCTION
11.2 TORAY INDUSTRIES
11.3 MITSUBISHI RAYON CO. LTD
11.4 HEXCEL CORPORATION
11.5 OWENS CORNING
11.6 3A COMPOSITES
11.7 CYTEC INDUSTRIES INC.
11.8 E. I. DU PONT DE NEMOURS
11.9 GURIT HOLDING AG
11.1 SGL-GROUP
11.11 TEIJIN LIMITED
*Details might not be captured in case of unlisted companies.

12 APPENDIX
12.1 DISCUSSION GUIDE
12.1.1 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
12.1.2 AVAILABLE CUSTOMIZATIONS
12.1.3 RELATED REPORTS