Composite Textiles Market Size, Impacted by COVID-19, to Reach US$ 7.1 Billion in 2026, Says Stratview Research
DETROIT, March 3, 2021 /PRNewswire/ -- Stratview Research announces the launch of a new research report on Composite Textiles Market by Reinforcement Type (Glass Fiber Textiles and Carbon Fiber Textiles), by Product Type (Woven Textiles, Woven Yarn, Multi-Axials, and CFM/CSM), by End-Use Industry Type (A&D, Marine, Transportation, Construction, Consumer Goods, Electrical & Electronics, Pipe & Tank, Wind Energy, and Others), by Process Type (Hand Layup, Resin Infusion, Pultrusion, Prepreg Layup, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026.
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today's composite textile market realities and future possibilities for the forecast period of 2021 to 2026. After a continuous interest in our glass fiber textiles market, carbon fiber textiles market, multi-axials market, and non-woven textiles market report, we have tried to further expand our research scope to the composite textiles market. The report estimates the short- as well as long-term repercussions of the COVID-19 pandemic on the demand for composite textiles at the global, regional, as well as country level. Also, the report provides the possible loss that the industry will endure by comparing pre-COVID and post-COVID scenarios. The vital data/information provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.
Composite Textiles Market: Highlights from the Report
Composite textiles are becoming an inherent part of the textiles industry with their growing eminence across major end-use industries. There are more than 50 global and regional players, engaged in supplying composite textiles with a few players holding a distinct position in the market. Composite textiles have gained significant interest as structural materials in many end-use industries owing to their value proposition and their unique combination of damage tolerance, delamination, and free and complex shape formability.