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United States Marine Composites Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The United States marine composites market is expected to exhibit steady growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Marine composites made using fibers and resin materials are used to shape and reinforce marine components. These components include glass-reinforced plastic, carbon composites, aramid fiber and ferrocement. Marine composites are utilized in the manufacturing of ducts, gratings, shafts, hull shells and piping. At present, they find application in assembling sailboats, cruise ships and powerboats as they provide advantageous properties, like fuel efficiency, high mechanical strength, corrosion resistance, reduction in the overall weight and customizability.

The primary factor driving the market in the United States is the burgeoning shipbuilding industry. Moreover, the escalating demand for high speed, power and luxury boats and yachts is impelling the market growth. Some of the other factors, such as rapid technological advancements in various industries, the large presence of skilled workforce, advanced processing capabilities and the growing research and development (R&D) activities, are driving the market further in the US. However, the outbreak of coronavirus disease (COVID-19) and the subsequent lockdown restrictions imposed by the governing agencies have resulted in severe supply chain disruptions. This has negatively affected the market growth in the country, but it is currently witnessing gradual recovery on account of the upliftment of lockdown restrictions and several product innovations, including the development of marine composites using renewable materials. These composites offer additional stiffness, water repellency, vibration damping, and impact and abrasion resistance.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States marine composites market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on composite type, fiber type, resin type and vessel type.

Breakup by Composite Type:

  • Metal Matrix Composite (MMC)
  • Ceramic Matrix Composite (CMC)
  • Polymer Matrix Composite (PMC)
     

Breakup by Fiber Type:

  • Glass Fiber
  • Carbon Fiber
  • Aramid Fiber
  • Natural Fiber
  • Others
     

Breakup by Resin Type:

  • Polyester
  • Vinyl Ester
  • Epoxy
  • Thermoplastic
  • Phenolic
  • Acrylic
  • Others
     

Breakup by Vessel Type:

  • Power Boats
  • Sailboats
  • Cruise Ships
  • Others
     

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Million
Segment Coverage Composite Type, Fiber Type, Resin Type, Vessel Type, Region
Region Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the United States marine composites market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the United States marine composites market?
  • What are the key regional markets?
  • What is the breakup of the market based on the composite type?
  • What is the breakup of the market based on the fiber type?
  • What is the breakup of the market based on the resin type?
  • What is the breakup of the market based on the vessel type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the United States marine composites market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    United States Marine Composites Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Composite Type
    6.1    Metal Matrix Composite (MMC)
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Ceramic Matrix Composite (CMC)
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Polymer Matrix Composite (PMC)
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Fiber Type
    7.1    Glass Fiber
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Carbon Fiber
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Aramid Fiber
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Natural Fiber
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Resin Type
    8.1    Polyester
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Vinyl Ester
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Epoxy
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Thermoplastic
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Phenolic
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Acrylic
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9    Market Breakup by Vessel Type
    9.1    Power Boats
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Sailboats
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Cruise Ships
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by Region
    10.1    Northeast
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Midwest
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    South
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    West
        10.4.1 Market Trends
        10.4.2 Market Forecast 
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis 
15    Policy and Regulatory Landscape
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players

List of Figures

Figure 1: United States: Marine Composites Market: Major Drivers and Challenges
Figure 2: United States: Marine Composites Market: Sales Value (in Million US$), 2015 - 2020 
Figure 3: United States: Marine Composites Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: United States: Marine Composites Market: Breakup by Composite Type (in %), 2020
Figure 5: United States: Marine Composites Market: Breakup by Fiber Type (in %), 2020
Figure 6: United States: Marine Composites Market: Breakup by Resin Type (in %), 2020
Figure 7: United States: Marine Composites Market: Breakup by Vessel Type (in %), 2020
Figure 8: United States: Marine Composites Market: Breakup by Region (in %), 2020
Figure 9: United States: Marine Composites (Metal Matrix Composite - MMC) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: United States: Marine Composites (Metal Matrix Composite - MMC) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: United States: Marine Composites (Ceramic Matrix Composite - CMC) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: United States: Marine Composites (Ceramic Matrix Composite - CMC) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: United States: Marine Composites (Polymer Matrix Composite - PMC) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: United States: Marine Composites (Polymer Matrix Composite - PMC) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: United States: Marine Composites (Glass Fiber) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: United States: Marine Composites (Glass Fiber) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: United States: Marine Composites (Carbon Fiber) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: United States: Marine Composites (Carbon Fiber) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: United States: Marine Composites (Aramid Fiber) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: United States: Marine Composites (Aramid Fiber) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: United States: Marine Composites (Natural Fiber) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: United States: Marine Composites (Natural Fiber) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: United States: Marine Composites (Other Fiber Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: United States: Marine Composites (Other Fiber Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: United States: Marine Composites (Polyester) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: United States: Marine Composites (Polyester) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: United States: Marine Composites (Vinyl Ester) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: United States: Marine Composites (Vinyl Ester) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: United States: Marine Composites (Epoxy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: United States: Marine Composites (Epoxy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: United States: Marine Composites (Thermoplastic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: United States: Marine Composites (Thermoplastic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: United States: Marine Composites (Phenolic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: United States: Marine Composites (Phenolic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: United States: Marine Composites (Acrylic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: United States: Marine Composites (Acrylic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: United States: Marine Composites (Other Resin Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: United States: Marine Composites (Other Resin Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: United States: Marine Composites (Power Boats) Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: United States: Marine Composites (Power Boats) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: United States: Marine Composites (Sailboats) Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: United States: Marine Composites (Sailboats) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: United States: Marine Composites (Cruise Ships) Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: United States: Marine Composites (Cruise Ships) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: United States: Marine Composites (Other Vessel Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: United States: Marine Composites (Other Vessel Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Northeast: Marine Composites Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Northeast: Marine Composites Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Midwest: Marine Composites Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Midwest: Marine Composites Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: South: Marine Composites Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: South: Marine Composites Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: West: Marine Composites Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: West: Marine Composites Market Forecast: Sales Value (in Million US$), 2021-2026 
Figure 55: United States: Marine Composites Industry: SWOT Analysis
Figure 56: United States: Marine Composites Industry: Value Chain Analysis
Figure 57: United States: Marine Composites Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: United States: Marine Composites Market: Key Industry Highlights, 2020 and 2026
Table 2: United States: Marine Composites Market Forecast: Breakup by Composite Type (in Million US$), 2021-2026
Table 3: United States: Marine Composites Market Forecast: Breakup by Fiber Type (in Million US$), 2021-2026
Table 4: United States: Marine Composites Market Forecast: Breakup by Resin Type (in Million US$), 2021-2026
Table 5: United States: Marine Composites Market Forecast: Breakup by Vessel Type (in Million US$), 2021-2026
Table 6: United States: Marine Composites Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: United States: Marine Composites Market: Competitive Structure
Table 8: United States: Marine Composites Market: Key Players

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