The business intelligence report titled ‘Global Hybrid Fabrics Market Size By Product (Glass/Carbon, Glass/Aramid, Carbon/Aramid), By End-user (Automotive, Aerospace & Defense, Wind Energy, Sports & Recreational Equipment), Industry Analysis Report, Regional (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Indonesia, Australia, South Korea, Thailand, Brazil, Mexico, Saudi Arabia, South Africa, UAE), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available with MarketStudyReport, opines that the global hybrid fabrics market is slated to generate a revenue of USD 400 million by 2025.

Growing dependency on renewable energy resources, and proliferation of commercial airline industry are the major factors fueling home standby gensets market growth.

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Notably, hybrid fabrics are pivotal in reducing the weight of rotor blades and wind turbines, thereby facilitating efficient operation. Increasing demand for wind turbines will unearth new opportunities for market expansion in the forthcoming years.

In contrast, production of hybrid fabrics involves the integration of a complex weaving technology and carbon, which is expensive in nature. This may prove to be a challenge for several players, thereby restricting market expansion.

Based on product type, the carbon/ glass segment of the global hybrid fabrics market accounted for a significant revenue share in 2020. Carbon and glass hybrid fabrics are extensively utilized in the production of different exterior and interior automobile components such as battery casings, leaf springs, and chassis as they have high flexural and tensile properties.

Speaking of application spectrum, the aerospace & defense sector remains the largest contributor in terms of revenue, attributable to burgeoning utilization of hybrid fabrics in the production of various defense and aircraft pieces such as insulation panels, wings, seats, radomes, fairings etc.  

Geographically, United States hybrid fabrics market is slated to witness significant expansion during the review period, creditable to massive defense equipment expenditure in the country. Also, the U.S. houses some of the major defense equipment manufacturers including Raytheon Technologies Corporation, The Boeing Company, and Lockheed Martin Corporation, which is aiding in expanding consumer base in the nation.

The competitive terrain of this business sphere is majorly influenced by companies such as Colan Australia, Devold AMT AS, Quantum Composites Inc., Hacotech GmbH, BGF Industries Inc., Textum Inc., Exel Composites plc, Gurit Holding AG, SGL Carbon SE, KORDSA, Porcher Industries SA, and Hexcel Corporation.