The hybrid fabric is a blend of two different types of fibers. The hybrid fabric is manufactured, when properties of more than one type of fiber are required in a product. The combination of two fibers provides structure, strength, stiffness along with good impact and fatigue resistance to the fabric. These hybrid fabrics also offer non-corrosiveness, non-conductivity, flexibility, low maintenance, durability, design flexibility, and cost saving. The common types of hybrid fabrics are glass/carbon, carbon/UHMWPE (Ultra High Molecular Weight Polyethylene), glass/aramid, carbon/aramid, and others. Carbon is one of the key fibers used in most hybrid fabrics types. The hybrid fabric is used in automobile & transportation, aerospace & defense, wind energy, sports & recreational, consumer goods, and other end-use industries. ____________ Notes: Micromarkets1 are defined as the subsegments of the hybrid fabric market included in the report. Core competencies2 of the companies are determined in terms of their key developments and strategies to sustain their position in the market.
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.