1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 UNIT CONSIDERED 17
1.6 LIMITATIONS 17
1.7 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 22
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 23
2.2.2 TOP-DOWN APPROACH 24
2.3 DATA TRIANGULATION 25
2.4 ASSUMPTIONS 26

3 EXECUTIVE SUMMARY 27

4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES IN THE MARINE COMPOSITES MARKET 32
4.2 MARINE COMPOSITES MARKET, BY COMPOSITE TYPE 32
4.3 POLYMER MATRIX COMPOSITES MARKET, BY FIBER TYPE 33
4.4 POLYMER MATRIX COMPOSITES MARKET, BY RESIN TYPE 33
4.5 MARINE COMPOSITES MARKET, BY VESSEL TYPE AND REGION 34
4.6 MARINE COMPOSITES MARKET, BY COUNTRY 34
4.7 MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE 35

5 MARKET OVERVIEW 36
5.1 INTRODUCTION 36
5.2 MARKET DYNAMICS 36
5.2.1 DRIVERS 37
5.2.1.1 Rise in the demand for high-speed boats 37
5.2.1.2 Better properties of marine composites than that of other alternatives 37
5.2.1.3 Design flexibility of vessels 37
5.2.1.4 Rise in demand for fuel-efficient vessels 37
5.2.2 RESTRAINTS 38
5.2.2.1 High cost of carbon fiber 38
5.2.2.2 Availability of new high strength and lightweight alloys 38
5.2.3 OPPORTUNITIES 38
5.2.3.1 Growing leisure boat market 38
5.2.3.2 Technological advancements 38
5.2.4 CHALLENGES 39
5.2.4.1 High capital cost 39
5.2.4.2 Concern about reparability and recyclability 39
5.3 PORTER'S FIVE FORCES ANALYSIS 40
5.3.1 THREAT OF SUBSTITUTES 41
5.3.2 BARGAINING POWER OF SUPPLIERS 41
5.3.3 BARGAINING POWER OF BUYERS 41
5.3.4 THREAT OF NEW ENTRANTS 42
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 42

6 MARINE COMPOSITES MARKET, BY COMPOSITE TYPE 43
6.1 INTRODUCTION 44
6.2 METAL MATRIX COMPOSITES (MMC) 44
6.3 CERAMIC MATRIX COMPOSITES (CMC) 44
6.4 POLYMER MATRIX COMPOSITES (PMC) 44

7 MARINE COMPOSITES MARKET, POLYMER MATRIX COMPOSITE BY TYPE 47
7.1 INTRODUCTION 48
7.2 POLYMER MATRIX COMPOSITES MARKET, BY FIBER TYPE 48
7.2.1 GLASS FIBER MARINE COMPOSITES 49
7.2.2 CARBON FIBER MARINE COMPOSITES 50
7.2.3 OTHERS 52
7.3 POLYMER MATRIX COMPOSITES MARKET, BY RESIN TYPE 53
7.3.1 POLYESTER MARINE COMPOSITES 54
7.3.2 VINYL ESTER MARINE COMPOSITES 55
7.3.3 EPOXY MARINE COMPOSITES 56
7.3.4 THERMOPLASTIC MARINE COMPOSITES 57
7.3.5 OTHERS 58

8 MARINE COMPOSITES MARKET, BY VESSEL TYPE 60
8.1 INTRODUCTION 61
8.2 POWER BOATS 62
8.2.1 YACHTS 62
8.2.2 CATAMARANS 62
8.2.3 RACING BOATS 62
8.3 SAILBOATS 64
8.4 CRUISE SHIP 65
8.5 OTHERS 67

9 MARINE COMPOSITES MARKET, BY REGION 68
9.1 INTRODUCTION 69
9.2 NORTH AMERICA 70
9.2.1 US 74
9.2.2 CANADA 74
9.3 EUROPE 74
9.3.1 ITALY 78
9.3.2 GERMANY 78
9.3.3 FRANCE 79
9.3.4 UK 79
9.3.5 NETHERLANDS 79
9.3.6 REST OF EUROPE 79
9.4 APAC 80
9.4.1 CHINA 83
9.4.2 JAPAN 84
9.4.3 SOUTH KOREA 84
9.4.4 AUSTRALIA 84
9.4.5 REST OF APAC 84
9.5 LATIN AMERICA 84
9.5.1 BRAZIL 88
9.5.2 ARGENTINA 88
9.5.3 REST OF LATIN AMERICA 88
9.6 MEA 88
9.6.1 SOUTH AFRICA 92
9.6.2 TURKEY 92
9.6.3 REST OF MEA 92

10 COMPETITIVE LANDSCAPE 93
10.1 INTRODUCTION 93
10.2 KEY GROWTH STRATEGIES 94
10.2.1 NEW PRODUCT LAUNCHES 94
10.2.2 EXPANSIONS 95
10.2.3 ACQUISITIONS 96
10.2.4 AGREEMENTS 97

11 COMPANY PROFILES 98
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 TORAY INDUSTRIES INC. 98
11.2 MITSUBISHI RAYON CO. LTD. 101
11.3 HEXCEL CORPORATION 104
11.4 OWENS CORNING 107
11.5 CYTEC SOLVAY GROUP 110
11.6 E. I. DU PONT DE NEMOURS AND COMPANY 113
11.7 GURIT HOLDING 114
11.8 SGL GROUP 115
11.9 TEIJIN LIMITED 117
11.10 HYOSUNG 119
11.11 OTHER COMPANIES 121
11.11.1 ZOLTEK COMPANIES INC. 121
11.11.2 TATNEFT ALABUGA FIBERGLASS 121
11.11.3 PREMIER COMPOSITE TECHNOLOGIES 121
11.11.4 ADVANCED CUSTOM MANUFACTURING 121
11.11.5 AEROMARINE INDUSTRIES LTD. 121
11.11.6 AIRBORNE 121
11.11.7 GMS COMPOSITES 121
11.11.8 COMPOSITES ONE 122
11.11.9 HEXION 122
11.11.10 MARINE CONCEPTS 122
*Details might not be captured in case of unlisted companies

12 APPENDIX 123
12.1 DISCUSSION GUIDE 123
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 126
12.3 AVAILABLE CUSTOMIZATIONS 128
12.4 RELATED REPORTS 128
12.5 AUTHOR DETAILS 129

LIST OF TABLES
TABLE 1 MARINE COMPOSITES MARKET SIZE, 2016-2023 27
TABLE 2 MARINE COMPOSITES MARKET SIZE, BY COMPOSITE TYPE, 2016-2023 (USD MILLION) 45
TABLE 3 MARINE COMPOSITES MARKET SIZE, BY COMPOSITE TYPE, 2016-2023 (KILOTON) 46
TABLE 4 POLYMER MATRIX COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (USD MILLION) 48
TABLE 5 POLYMER MATRIX COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (KILOTON) 49
TABLE 6 GLASS FIBER MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 50
TABLE 7 GLASS FIBER MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (KILOTON) 50
TABLE 8 CARBON FIBER MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 51
TABLE 9 CARBON FIBER MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (KILOTON) 51
TABLE 10 OTHER FIBER MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 52
TABLE 11 OTHER FIBER MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (KILOTON) 52
TABLE 12 POLYMER MATRIX COMPOSITE MARKET SIZE, BY RESIN TYPE, 2016-2023 (USD MILLION) 53
TABLE 13 POLYMER MATRIX COMPOSITE MARKET SIZE, BY RESIN TYPE, 2016-2023 (KILOTON) 53
TABLE 14 POLYESTER MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 54
TABLE 15 POLYESTER MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (KILOTON) 55
TABLE 16 VINYL ESTER MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 55
TABLE 17 VINYL ESTER MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (KILOTON) 56
TABLE 18 EPOXY MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (US MILLION) 56
TABLE 19 EPOXY MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (KILOTON) 57
TABLE 20 THERMOPLASTIC MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 57
TABLE 21 THERMOPLASTIC MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (KT) 58
TABLE 22 OTHER RESIN MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 58
TABLE 23 OTHER RESIN MARINE COMPOSITES MARKET SIZE, BY REGION, 2016-2023 (KILOTON) 59
TABLE 24 MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (USD MILLION) 61
TABLE 25 MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (KILOTON) 62
TABLE 26 MARINE COMPOSITES MARKET SIZE IN POWER BOATS, BY REGION, 2016-2023 (USD MILLION) 63
TABLE 27 MARINE COMPOSITES MARKET SIZE IN POWER BOATS, BY REGION, 2016-2023 (KILOTON) 63
TABLE 28 MARINE COMPOSITES MARKET SIZE IN SAILBOATS, BY REGION, 2016-2023 (USD MILLION) 64
TABLE 29 MARINE COMPOSITES MARKET SIZE IN SAILBOATS, BY REGION, 2016-2023 (KILOTON) 65
TABLE 30 MARINE COMPOSITES MARKET SIZE IN CRUISE SHIP, BY REGION, 2016-2023 (USD MILLION) 66
TABLE 31 MARINE COMPOSITES MARKET SIZE IN CRUISE SHIP, BY REGION, 2016-2023 (KILOTON) 66
TABLE 32 MARINE COMPOSITES MARKET SIZE IN OTHER VESSEL TYPES, BY REGION, 2016-2023 (USD MILLION) 67
TABLE 33 MARINE COMPOSITES MARKET SIZE IN OTHER VESSEL TYPES, BY REGION, 2016-2023 (KILOTON) 67
TABLE 34 MARINE COMPOSITES MARKET SIZE, BY REGION, 2018-2023 (USD MILLION) 69
TABLE 35 MARINE COMPOSITES MARKET SIZE, BY REGION, 2018-2023 (KILOTON) 70
TABLE 36 NORTH AMERICA: MARINE COMPOSITES MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 71
TABLE 37 NORTH AMERICA: MARINE COMPOSITES MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON) 72
TABLE 38 NORTH AMERICA: MARINE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (USD MILLION) 72
TABLE 39 NORTH AMERICA: MARINE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (KILOTON) 72
TABLE 40 NORTH AMERICA: MARINE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016-2023 (USD MILLION) 73
TABLE 41 NORTH AMERICA: MARINE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016-2023 (KILOTON) 73
TABLE 42 NORTH AMERICA: MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (USD MILLION) 73
TABLE 43 NORTH AMERICA: MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (KILOTON) 74
TABLE 44 EUROPE: MARINE COMPOSITES MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 76
TABLE 45 EUROPE: MARINE COMPOSITES MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON) 76
TABLE 46 EUROPE: MARINE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (USD MILLION) 76
TABLE 47 EUROPE: MARINE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (KILOTON) 77
TABLE 48 EUROPE: MARINE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016-2023 (USD MILLION) 77
TABLE 49 EUROPE: MARINE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016-2023 (KILOTON) 77
TABLE 50 EUROPE: MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (USD MILLION) 78
TABLE 51 EUROPE: MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (KILOTON) 78
TABLE 52 APAC: MARINE COMPOSITES MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 81
TABLE 53 APAC: MARINE COMPOSITES MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON) 81
TABLE 54 APAC: MARINE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (USD MILLION) 81
TABLE 55 APAC: MARINE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (KILOTON) 82
TABLE 56 APAC: MARINE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016-2023 (USD MILLION) 82
TABLE 57 APAC: MARINE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016-2023 (KILOTON) 82
TABLE 58 APAC: MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (USD MILLION) 83
TABLE 59 APAC: MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (KILOTON) 83
TABLE 60 LATIN AMERICA: MARINE COMPOSITES MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 85
TABLE 61 LATIN AMERICA: MARINE COMPOSITES MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON) 85
TABLE 62 LATIN AMERICA: MARINE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (USD MILLION) 86
TABLE 63 LATIN AMERICA: MARINE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (KILOTON) 86
TABLE 64 LATIN AMERICA: MARINE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016-2023 (USD MILLION) 86
TABLE 65 LATIN AMERICA: MARINE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016-2023 (KILOTON) 87
TABLE 66 LATIN AMERICA: MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (USD MILLION) 87
TABLE 67 LATIN AMERICA: MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (KILOTON) 87
TABLE 68 MEA: MARINE COMPOSITES MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 89
TABLE 69 MEA: MARINE COMPOSITES MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON) 89
TABLE 70 MEA: MARINE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (USD MILLION) 90
TABLE 71 MEA: MARINE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2016-2023 (KILOTON) 90
TABLE 72 MEA: MARINE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016-2023 (USD MILLION) 90
TABLE 73 MEA: MARINE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2016-2023 (KILOTON) 91
TABLE 74 MEA: MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (USD MILLION) 91
TABLE 75 MEA: MARINE COMPOSITES MARKET SIZE, BY VESSEL TYPE, 2016-2023 (KILOTON) 91
TABLE 76 NEW PRODUCT LAUNCHES, 2014-2018 94
TABLE 77 EXPANSIONS, 2014-2018 95
TABLE 78 ACQUISITIONS, 2014-2018 96
TABLE 79 AGREEMENTS, 2014-2018 97

LIST OF FIGURES
FIGURE 1 MARINE COMPOSITES MARKET SEGMENTATION 16
FIGURE 2 MARINE COMPOSITES MARKET: RESEARCH DESIGN 18
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 23
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 24
FIGURE 5 MARINE COMPOSITES MARKET: DATA TRIANGULATION 25
FIGURE 6 POLYMER MATRIX COMPOSITES TO DOMINATE THE MARINE COMPOSITES MARKET 28
FIGURE 7 POWER BOATS SEGMENT TO LEAD THE MARINE COMPOSITES MARKET 28
FIGURE 8 CARBON FIBER TO REGISTER THE HIGHEST CAGR IN THE POLYMER MATRIX COMPOSITES MARKET 29
FIGURE 9 POLYESTER TO BE THE LARGEST RESIN TYPE SEGMENT IN THE POLYMER MATRIX COMPOSITES MARKET 29
FIGURE 10 US TO CONTINUE LEADING THE MARINE COMPOSITES MARKET 30
FIGURE 11 NORTH AMERICA DOMINATED THE MARINE COMPOSITES MARKET 31
FIGURE 12 HIGH DEMAND FROM THE POWER BOATS SEGMENT TO DRIVE THE MARKET, 2018-2023 32
FIGURE 13 POLYMER MATRIX COMPOSITE TO DOMINATE THE MARINE COMPOSITES MARKET 32
FIGURE 14 CARBON FIBER TO BE THE FASTEST-GROWING FIBER TYPE SEGMENT OF POLYMER MATRIX COMPOSITES MARKET 33
FIGURE 15 POLYESTER TO BE THE LARGEST RESIN TYPE SEGMENT 33
FIGURE 16 NORTH AMERICA LED THE MARINE COMPOSITES MARKET 34
FIGURE 17 CHINA TO REGISTER THE HIGHEST CAGR IN THE MARINE COMPOSITES MARKET 34
FIGURE 18 POWER BOATS TO BE THE LARGEST VESSEL TYPE SEGMENT 35
FIGURE 19 OVERVIEW OF FACTORS GOVERNING THE MARINE COMPOSITES MARKET 36
FIGURE 20 MARINE COMPOSITES MARKET: PORTER'S FIVE FORCES ANALYSIS 40
FIGURE 21 POLYMER MATRIX COMPOSITES TO DOMINATE THE MARINE COMPOSITES MARKET 45
FIGURE 22 GLASS FIBER MARINE COMPOSITES TO DOMINATE THE POLYMER MATRIX COMPOSITES MARKET 48
FIGURE 23 GLASS FIBER MARINE COMPOSITES MARKET SIZE, BY REGION, 2018-2023 (USD MILLION) 49
FIGURE 24 NORTH AMERICA TO BE THE LARGEST CARBON FIBER MARINE COMPOSITES MARKET 51
FIGURE 25 VINYL ESTER TO BE THE SECOND-LARGEST RESIN TYPE 53
FIGURE 26 NORTH AMERICA TO DOMINATE THE POLYESTER RESIN MARINE COMPOSITES MARKET 54
FIGURE 27 POWER BOAT VESSEL TYPE TO DOMINATE THE MARINE COMPOSITES MARKET 61
FIGURE 28 NORTH AMERICA TO BE THE LARGEST MARINE COMPOSITES MARKET IN POWER BOATS SEGMENT 63
FIGURE 29 EUROPE TO BE THE LARGEST MARINE COMPOSITES MARKET IN SAILBOATS SEGMENT 64
FIGURE 30 EUROPE TO BE THE LARGEST MARINE COMPOSITES MARKET IN CRUISE SHIPS SEGMENT 65
FIGURE 31 CHINA TO BE THE FASTEST-GROWING MARINE COMPOSITES MARKET 69
FIGURE 32 NORTH AMERICA: MARINE COMPOSITES MARKET 71
FIGURE 33 EUROPE: MARINE COMPOSITES MARKET 75
FIGURE 34 APAC: MARINE COMPOSITES MARKET 80
FIGURE 35 BRAZIL TO DOMINATE THE MARINE COMPOSITES MARKET IN LATIN AMERICA 85
FIGURE 36 SOUTH AFRICA TO BE THE LARGEST MARINE COMPOSITES MARKET 89
FIGURE 37 COMPANIES ADOPTED NEW PRODUCT LAUNCHES AS THE KEY GROWTH STRATEGY BETWEEN 2014 AND 2018 93
FIGURE 38 TORAY INDUSTRIES INC.: COMPANY SNAPSHOT 98
FIGURE 39 TORAY INDUSTRIES INC.: SWOT ANALYSIS 100
FIGURE 40 MITSUBISHI RAYON CO. LTD.: COMPANY SNAPSHOT 101
FIGURE 41 MITSUBISHI RAYON CO. LTD.: SWOT ANALYSIS 103
FIGURE 42 HEXCEL CORPORATION: COMPANY SNAPSHOT 104
FIGURE 43 HEXCEL CORPORATION: SWOT ANALYSIS 106
FIGURE 44 OWENS CORNING: COMPANY SNAPSHOT 107
FIGURE 45 OWENS CORNING: SWOT ANALYSIS 109
FIGURE 46 CYTEC SOLVAY GROUP: COMPANY SNAPSHOT 110
FIGURE 47 CYTEC SOLVAY GROUP: SWOT ANALYSIS 112
FIGURE 48 E.I. DU PONT DE NEMOURS AND COMPANY: COMPANY SNAPSHOT 113
FIGURE 49 GURIT HOLDING: COMPANY SNAPSHOT 114
FIGURE 50 SGL GROUP: COMPANY SNAPSHOT 115
FIGURE 51 TEIJIN LIMITED: COMPANY SNAPSHOT 117
FIGURE 52 HYOSUNG: COMPANY SNAPSHOT 119