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Non-Woven Textile for Composites Market Report : Trends, Forecast and Competitive Analysis 1.

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Presentation on theme: "Non-Woven Textile for Composites Market Report : Trends, Forecast and Competitive Analysis 1."— Presentation transcript:

1 Non-Woven Textile for Composites Market Report 2019-2024: Trends, Forecast and Competitive Analysis 1

2 Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industry Aerospace & defense, transportation, wind energy, marine, construction, and others Market Segments by Product Type Non crimp textiles and CSM/CFM Market Segments by Material Type Glass fiber, carbon fiber, and natural fiber and others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies NameOwens Corning, Jushi, Sigmatex, Saertex, and SGL and others. Trend Growth Rate and CAGR5% Key Industry Forecast The non-woven textile for composites market is expected to reach $3.4 billion by 2024 with a CAGR of 5.0% from 2019 to 2024. Key Industry Driver Driver: Increasing use of composites in different end use industries and performance benefits of non-woven textiles as it offers better drapablity and delamination in composite structures. 2

3 Industry Overview Market Size The non-woven textile for composites market is expected to reach $3.4 billion by 2024 with a CAGR of 5.0% from 2019 to 2024. An emerging trend, which has a direct impact on the dynamics of the non-woven textile for composites industry, includes the development of defect control technology in textile production. Market Size (2024)$3.4 billion CAGR (2019-24)5% 3 Industry Performance : Forecast


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