Product Code: ETC4498588 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The composites market in Singapore encompasses a broad spectrum of materials, including carbon fiber composites, glass fiber composites, and polymer matrix composites. These materials find applications in aerospace, marine, construction, and automotive sectors, offering lightweight, durable, and corrosion-resistant solutions. Singapore commitment to research and development has bolstered its position as a key player in the composites market, serving domestic industries and exporting its products globally. This market is expected to maintain steady growth as composites continue to replace traditional materials in various applications.
The Singapore composites market is being driven by the versatility and lightweight properties of composite materials. These materials find extensive applications in industries like aerospace, marine, and construction. The need for high-performance, corrosion-resistant, and durable solutions has led to the adoption of composites. Government initiatives promoting sustainable construction and transportation solutions further contribute to the growth of the composites market in Singapore.
The Singapore Composites Market encounters challenges related to material standardization and recycling. Composites, made from materials like carbon fiber and fiberglass, are used in aerospace, automotive, and construction. Standardizing composite materials to ensure consistent quality and performance is essential. Additionally, the market must address the need for efficient composite recycling methods to reduce waste and promote sustainability.
The COVID-19 pandemic influenced the Singapore composites market, with varying impacts on different industries. Composites are essential materials in aerospace, automotive, and construction. While some segments faced supply chain disruptions and delays in project timelines, others experienced continued growth, driven by the need for lightweight and high-performance materials. The pandemic highlighted the importance of composites in enhancing fuel efficiency and reducing emissions in transportation applications. The market responded by focusing on innovation and diversification to address changing industry demands.
The Singapore composites market features prominent players like Hexcel Corporation, Owens Corning, and Toray Industries, Inc. Hexcel Corporation is a leading manufacturer of advanced composite materials, contributing to various industries with its high-performance products. Owens Corning is recognized for its fiberglass and composite solutions, catering to construction, automotive, and industrial applications. Toray Industries, Inc. is a global giant in the composites industry, known for its carbon fiber composites, which are used in aerospace, automotive, and other high-performance applications in Singapore. These key players continue to push the boundaries of composites technology to meet the evolving demands of the Singapore market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Composites Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Composites Market - Industry Life Cycle |
3.4 Singapore Composites Market - Porter's Five Forces |
3.5 Singapore Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Singapore Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Singapore Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 Singapore Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Singapore Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Composites Market Trends |
6 Singapore Composites Market, By Types |
6.1 Singapore Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Composites Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 Singapore Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.1.4 Singapore Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.5 Singapore Composites Market Revenues & Volume, By Natural Fiber Composites, 2021-2031F |
6.2 Singapore Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Singapore Composites Market Revenues & Volume, By Thermoset Composites, 2021-2031F |
6.2.3 Singapore Composites Market Revenues & Volume, By Thermoplastic Composites, 2021-2031F |
6.3 Singapore Composites Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Singapore Composites Market Revenues & Volume, By Aerospace & defense, 2021-2031F |
6.3.3 Singapore Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.4 Singapore Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Singapore Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.6 Singapore Composites Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 Singapore Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.3.8 Singapore Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Singapore Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Singapore Composites Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Singapore Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.4.3 Singapore Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.4.4 Singapore Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.4.5 Singapore Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.4.6 Singapore Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.7 Singapore Composites Market Revenues & Volume, By RTM, 2021-2031F |
7 Singapore Composites Market Import-Export Trade Statistics |
7.1 Singapore Composites Market Export to Major Countries |
7.2 Singapore Composites Market Imports from Major Countries |
8 Singapore Composites Market Key Performance Indicators |
9 Singapore Composites Market - Opportunity Assessment |
9.1 Singapore Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Singapore Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Singapore Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 Singapore Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Singapore Composites Market - Competitive Landscape |
10.1 Singapore Composites Market Revenue Share, By Companies, 2024 |
10.2 Singapore Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |