Plastic-metal Hybrids Market
Plastic-metal Hybrids Market Study by Household Furniture, Sports Footwear [Skates], Home Appliances, Office/Medical Furniture, TV/Monitor Supports, and Other Application From 2024 to 2034
Analysis of Plastic-metal Hybrids Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Plastic-metal Hybrids Market Outlook (2024 to 2034)
Revenue from the global plastic-metal hybrids market is evaluated to reach US$ 1.02 billion in 2024, as stated in a study published by Fact.MR. The market is analyzed to grow at a CAGR of 7.4% to reach US$ 2.1 billion by the end of 2034.
The market for plastic/metal hybrid spacers is growing significantly because of the rising need for strong, lightweight materials in industrial and automotive applications. By fusing plastic's flexibility with metal's strength, these hybrid spacers deliver better performance. The quest for energy-efficient solutions and developments in material technologies are important concerns.
The construction, automotive, and aerospace industries are looking for lighter materials without sacrificing strength. Hybrid spacers made of plastic and metal combine the advantages of lightweight materials with the strength and durability of metal. They present a convincing alternative. Thereby, all these trends are positively contributing to the increased demand for plastic-metal hybrids around the world.
Manufacturing process innovations such as additive manufacturing and 3D printing are making it possible to produce intricate and personalized plastic/metal hybrid spacers. More flexibility and shorter lead times are provided by these technologies, which facilitate manufacturers' ability to meet unique client requirements and expedite product development.
The market for sustainable materials and goods is expanding as concerns about resource depletion and climate change grow. When made with recyclable materials or energy-efficient procedures, plastic/metal hybrid spacers help create a more sustainable future. Investments in R&D activities to investigate novel materials and environment-friendly production techniques are positively affecting market dynamics.
| Report Attribute | Detail |
|---|---|
| Plastic-metal Hybrids Market Size (2024E) | US$ 1.02 Billion |
| Forecasted Market Value (2034F) | US$ 2.1 Billion |
| Global Market Growth Rate (2024 to 2034) | 7.4% CAGR |
| East Asia Market Share (2024E) | 34.6% |
| United States Growth Rate (2024 to 2034) | 6.8% CAGR |
| Sales from Automotive Industry (2024E) | US$ 400.9 Million |
| Key Companies Profiled | LANXESS Corporation; BASF SE; ILJIN Holdings Co., Ltd; Schroder Hybrid; Hemholtz-Zentrum Geesthacht; SABIC; TU Braunschweig; Swisspacer; Ensinger; Technoform Glass Insulation; Glasslam; Alu-Pro(Rolltech); Edgetech (Quanex); Viracon; AGC Glass; Thermoseal; KÖMMERLING; Nantong Heding Building Materials Technology; Lvya Building Decoration. |
Plastic-metal hybrids are compounds or substances formed by mixing plastic with metal. The properties of plastics & metals are combined in an optimized way. Plastic-metal hybrids are formed by mechanical locking of plastic & metal compounds. Plastic-metal hybrids are commercially produced by injection molding or extrusion.
Selection of proper material should be done to achieve accurate mechanical linking of plastic & metal. Generally, polyamide plastic is used in plastic-metal hybrids. Plastic-metal hybrids offer various beneficial properties, such as high load-bearing capacity, high corrosion resistance, low weight, enhanced dimensional tolerance, improved performance, high integration potential, easy recyclability, etc.
Plastic-metal hybrids make the assembly simpler by reducing the separate components into single molded parts. Plastic-metal hybrids provide strength, energy absorption, and rigidity. Plastic-metal hybrids are widely used in the automotive & aerospace industry to obtain better fuel efficiency.
Due to their low weight, plastic-metal hybrids find applications in the electronic industry. Plastic-metal hybrids are also used in the production of bicycles and scooter frames. They also find applications in furniture production and agricultural equipment.
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Plastic-metal Hybrids Market: Dynamics
Technological developments are boosting the growth of the automotive industry. Changing technology has given rise to the demand for lightweight materials for better fuel efficiency and improved vehicle performance due to which rising demand for plastic-metal hybrids is being witnessed from the automotive industry.
Plastic-metal hybrids are also witnessing growing demand from the aerospace industry for the manufacturing of certain aircraft parts. Thus, the growth of the aerospace industry will add to the growth of the plastic-metal hybrids market.
The growing population has escalated agricultural production and technological developments have led to the use of advanced agricultural equipment. Demand for various attributes, such as corrosion resistance, high strength & lightweight, have led to an increased usage of plastic-metal hybrids in the manufacturing of agricultural equipment.
An increase in disposable income and the development of new and innovative technologies have led to the growth of the electronics industry. The growing electronic industry is leading to the growth of the plastic-metal hybrids market.
Also, the use of plastic-metal hybrids is increasing in the production of bicycle and scooter frames. However, research and development of improved plastic materials & composites might decline the growth of the plastic-metal hybrids market.
Plastic-metal Hybrids Market: Regional Outlook
There is a significant presence of automotive industries in regions of Western Europe. Apart, agricultural production is also growing at a good pace, which makes this region a prominent market for plastic-metal hybrids. The rate of agricultural production is high in the North America region and the presence of key automotive manufacturers makes North America a promising market region for plastic-metal hybrids.
Automotive and electronic industries are growing at a good pace in regions, such as Asia Pacific & Japan. Also, rising agricultural production makes this region a potential market for plastic-metal hybrids. Regions, such as Latin America and Africa, are growing in terms of agricultural production.
The Middle East is focusing on bringing improvements in its architecture, which in turn, is giving rise to demand for improved and decorative furniture. The above factors make Latin America, Middle East & Africa a steadily growing market region for plastic metal hybrids.
“The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, applications, and industries.
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The report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
- Eastern Europe (Russia, Poland, CIS)
- Asia-Pacific (China, India, ASEAN, South Korea)
- Japan
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Segmentation of the Plastic-metal Hybrids Market:
-
By Application :
- Household Furniture
- Sports Footwear (Skates)
- Home appliances
- Office/Medical Furniture
- TV/Monitor supports
- Electronic housings
- Bicycle & Scooter frames
- Agricultural Equipment
- Others
-
By End-use Industry :
- Automotive
- Aerospace
- Electronics
- Consumer Goods
- Aerospace & Defense
- Industrial Machinery
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Application
- 6.2. End Use Industry
- 7. Global Market Analysis and Forecast, By Application
- 7.1. Household Furniture
- 7.2. Sports Footwear (Skates)
- 7.3. Home appliances
- 7.4. Office/Medical Furniture
- 7.5. TV/Monitor supports
- 7.6. Electronic housings
- 7.7. Bicycle & Scooter frames
- 7.8. Agricultural Equipment
- 7.9. Others
- 8. Global Market Analysis and Forecast, By End Use Industry
- 8.1. Automotive
- 8.2. Aerospace
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. Asia Pacific
- 9.6. East Asia
- 9.7. MEA
- 10. North America Sales Analysis and Forecast, by Key Segments and Countries
- 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 16. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 17. Sales Forecast by Application and End Use Industry for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. LANXESS Corporation
- 19.2. BASF SE
- 19.3. ILJIN Holdings Co., Ltd
- 19.4. Schroder Hybrid
- 19.5. Hemholtz-Zentrum Geesthacht
- 19.6. SABIC
- 19.7. TU Braunschweig
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Application
Table 3: Global Market US$ Mn Forecast by End Use Industry
Table 4: North America Market US$ Mn Forecast by Country
Table 5: North America Market US$ Mn Forecast by Application
Table 6: North America Market US$ Mn Forecast by End Use Industry
Table 7: Latin America Market US$ Mn Forecast by Country
Table 8: Latin America Market US$ Mn Forecast by Application
Table 9: Latin America Market US$ Mn Forecast by End Use Industry
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Application
Table 12: Western Europe Market US$ Mn Forecast by End Use Industry
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Application
Table 15: Eastern Europe Market US$ Mn Forecast by End Use Industry
Table 16: Asia Pacific Market US$ Mn Forecast by Country
Table 17: Asia Pacific Market US$ Mn Forecast by Application
Table 18: Asia Pacific Market US$ Mn Forecast by End Use Industry
Table 19: East Asia Market US$ Mn Forecast by Country
Table 20: East Asia Market US$ Mn Forecast by Application
Table 21: East Asia Market US$ Mn Forecast by End Use Industry
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Application
Table 24: MEA Market US$ Mn Forecast by End Use Industry
Table 25: Region Market US$ Mn Forecast by Country
Table 26: Region Market US$ Mn Forecast by Application
Table 27: Region Market US$ Mn Forecast by End Use Industry
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Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 17: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 18: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 20: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: Region Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 26: Region Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 27: Region Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What will be the demand outlook for the plastic-metal hybrids market?
The plastic-metal hybrids market is expected to garner a market value of US$ 2.1 billion by the end of 2034.
Which region will spearhead the growth in the plastic-metal hybrids market?
North America is expected to possess a 28.1% market share for the plastic-metal hybrids market in 2024.
What is the anticipated growth of the plastic-metal hybrids market until 2034?
The plastic-metal hybrids market is expected to register a CAGR of 7.4% in the forecast period.
Plastic-metal Hybrids Market