The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Composite Vacuum Consumables Market.

It was estimated prior to this unanticipated outbreak that the Composite Vacuum Consumables Market to reach US$ 656.3 million in 2024. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

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Composites are one of the most versatile materials with the availability of various manufacturing processes. The overall performance of composite parts is highly dependent on the selection of the manufacturing process. Vacuum consumables prove to be decisive in some of the manufacturing processes including VARTM and prepreg layup in fabricating composite parts with high mechanical performance including excellent surface finish.  

Vacuum consumables are the most widely used consumables in the composites industry and these materials also assist composite part fabricators to enhance the overall process efficiency. Over the eons, vacuum consumables had witnessed a disruptive journey with significant changes happening on the improvements in materials and technologies. Major players have developed innovative vacuum consumables, such as reusable silicone bag membrane, targeting many existing un-filled industry requirements including the low-cost system and multiple usabilities of bags. 

Vacuum consumables comprise many consumables, such as vacuum bagging film, release film, peel ply, breather & bleeder, pressure-sensitive tape, sealing tape, vacuum hose, and vacuum pump. Vacuum bagging film and release film are expected to remain the key vacuum consumable types over the next five years. Both major manufacturing processes; VARTM and prepreg lay-up, are heavily relied on vacuum bagging film and release film during parts manufacturing.

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Based on the end-use industry type, the market is segmented into Aerospace & Defense, Wind Energy, Marine, Transportation, and Others. Aerospace & defense is expected to remain the largest segment of the composite vacuum consumables market during the forecast period. High use of prepreg lay-up process for manufacturing structural composite components is the prime driver of the higher demand for vacuum consumable in the aerospace & defense industry. The next-generation aircraft, such as B787 and A350XWB, contain about 50% composites of the total structural weight of the aircraft in which the majority is manufactured through prepreg material.

The transportation segment is expected to experience high growth for the same period. The stringent government regulations are forcing auto OEMs to incorporate advanced lightweight materials in the structural areas of an automobile. This trend is driving composite penetration, especially in electric vehicles and premium vehicles, to enhance fuel efficiency and to achieve stringent government regulations, such as CAFÉ standards.

Based on the regions, North America is expected to remain the largest market for composite vacuum consumables during the forecast period. The region is the world’s capital of composites manufacturing with the presence of several small- to large-sized composite part molders. It is the largest composites market for aerospace & defense, transportation, and marine industries and is also one of the leading wind composite markets. These all four markets will continue to generate a healthy demand for vacuum consumables in the region in the coming years.

Asia-Pacific is likely to be the fastest-growing market for composite vacuum consumables for the same period. High growth of composites, a gradual shift of manufacturing base from the developed economies to the developing Asian economies, the formation of a large number of strategic alliances with the Asian companies to set up their facilities in this region, and upcoming indigenous commercial and regional aircraft are some of the key whys and wherefores behind the massive growth in the Asia-Pacific region. China, Japan, and India are expected to remain the growth engines of the Asia-Pacific’s market.      

Key Players:

The supply chain of this market comprises raw materials suppliers, film suppliers, vacuum consumable manufacturers, distributors, part molders, OEMs, and end-users. The global composite vacuum consumable is a highly consolidated market. The key Composite vacuum consumables manufacturers are Airtech Advanced Materials Group, Solvay S.A. (Umeco Plc), and Diatex S.A. New product development, regional expansion, and the formation of long-term relationships with prepreg manufacturers are the key strategies adopted by the key players to gain a competitive edge in the market.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Composite Vacuum Consumables Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

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