3D Woven Fabrics Market to exceed US$ 266.34 million by 2028

    Published on 10-Apr-2023
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    Report : 3D Woven Fabrics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Solid, Hollow, Shell, and Nodal), Fiber Type (Carbon Fiber, Glass Fiber, and Others), Application (Ballistics, Aircraft, Transportation, Building & Construction, and Others)

    The scope of our recent study on the “3D Woven Fabrics Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Fiber Type, and Application” includes the factors fueling the market growth, revenue estimation and forecast, market share analysis, and the identification of significant market players and their key developments.

    The 3D woven fabrics market size is expected to grow from US$ 120.87 million in 2022 to US$ 266.34 million by 2028; it is estimated to grow at a CAGR of 14.1% from 2022 to 2028. 3D woven fabrics are more durable, corrosion resistant, and have high strength, as they are highly preferred over traditional materials such as steel and aluminum. Also, 3D woven fabrics are improving the design process of end products across various industries. Due to all these characteristics of 3D woven fabrics are widely used in various end-use industries such as ballistics, aircraft, transportation, building and construction, and others, also the market size is expected to increase significantly during the forecast period. 

    Based on application, the global 3D woven fabrics market is segmented into ballistics, aircraft, transportation, building & construction, and others. The 3D woven fabrics market share for the aircraft segment was the largest in 2022. 3D woven fabrics allow weight reduction in existing airframe and structural components and have the ability to weave complex 3D shapes, such as turbine blades, without any worry about delamination. Aircraft segment is expected to account for significant 3D woven fabrics market growth during the forecast period.

    The global 3D woven fabrics market is segmented into five main regions—North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. Europe held the largest revenue share of the global 3D woven fabrics market in 2022. A major factor driving the 3D woven fabrics market in Europe is the increase in the use of 3D woven fabrics from the aircraft, automotive, and building and construction industries.

    Impact of COVID-19 Pandemic on 3D Woven Fabrics Market

    Many economies were affected due to the onset of the COVID-19 pandemic. The COVID-19 outbreak created a temporary distortion in the operational efficiencies of industrial bases. Various end-use industries, such as automotive, aircraft, and building & construction, were severely affected by the pandemic, impacting the demand for 3D woven fabrics. The automotive sector was severely affected due to lockdown, laborer shortages, increased material costs, and delays in the supply chain that reduced the demand for 3D woven fabrics in the global market. However, industries began reviving with the resumption of operations in 2021. With this, the 3D woven fabrics market continues to witness significant recovery.

    The report includes the segmentation of the global 3D woven fabrics market as follows: 

    The global 3D woven fabrics market is segmented on the basis of type, fiber type, and application. Based on type, the 3D woven fabrics market is segmented into solid, hollow, shell, and nodal. Based on fiber type, the global 3D woven fabrics market is segmented into carbon fiber, glass fiber, and others. Based on application, the 3D woven fabrics market is segmented into ballistics, aircraft, transportation, building & construction, and others. By geography, the global 3D woven fabrics market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America 3D woven fabrics market is further segmented into the US, Canada, and Mexico. The Europe 3D woven fabrics market is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Asia Pacific 3D woven fabrics market is further categorized into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The South & Central America 3D woven fabrics market is further categorized into Brazil, Argentina, and the Rest of South & Central America.

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