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Composites Piezoelectric Material Market Size, Share Global Outlook and Forecast 2023-2029

Writer's picture: krish mundekrish munde

The global Composites Piezoelectric Material market was valued at US$ 243.7 million in 2022 and is projected to reach US$ 423.9 million by 2029, at a CAGR of 8.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Composites Piezoelectric Material (or Piezoelectric composites) are a class of functional materials consisting of piezoelectric active materials and non-piezoelectric passive polymers, mechanically attached together to form different connectivities. These composites have several advantages compared to conventional piezoelectric ceramics and polymers, including improved electromechanical properties, mechanical flexibility and the ability to tailor properties by using several different connectivity patterns. These advantages have led to the improvement of overall transducer performance, such as transducer sensitivity and bandwidth, resulting in rapid implementation of piezoelectric composites in medical imaging ultrasounds and other acoustic transducers. Recently, new piezoelectric composite transducers have been developed with optimized composite components that have improved thermal stability and mechanical quality factors, making them promising candidates for high temperature, high power transducer applications, such as therapeutic ultrasound, high power ultrasonic wirebonding, high temperature non-destructive testing, and downhole energy harvesting.


This report aims to provide a comprehensive presentation of the global market for Composites Piezoelectric Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composites Piezoelectric Material. This report contains market size and forecasts of Composites Piezoelectric Material in global, including the following market information:


  • Global Composites Piezoelectric Material Market Revenue, 2018-2023, 2024-2029, ($ millions)

  • Global Composites Piezoelectric Material Market Sales, 2018-2023, 2024-2029, (K Units)

  • Global top five Composites Piezoelectric Material companies in 2022 (%)


Global Composites Piezoelectric Material key players include Arkema, UJRC, Solvay, Piezo Kinetics, MSI Tranducers, etc. Global top five manufacturers hold a share about 40%.

North America is the largest market, with a share over 30%, followed by Europe and China, both have a share about 40 percent.

In terms of product, 1-3 Type is the largest segment, with a share about 85%. And in terms of application, the largest application is Industrial, followed by Healthcare.

We surveyed the Composites Piezoelectric Material manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Composites Piezoelectric Material Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Composites Piezoelectric Material Market Segment Percentages, by Type, 2022 (%)


  • 1-3 Type

  • 2-2 Type


Global Composites Piezoelectric Material Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Composites Piezoelectric Material Market Segment Percentages, by Application, 2022 (%)


  • Healthcare

  • Aerospace & Defense

  • Industrial

  • Others


Global Composites Piezoelectric Material Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Composites Piezoelectric Material Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis


The report also provides analysis of leading market participants including:


  • Key companies Composites Piezoelectric Material revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Composites Piezoelectric Material revenues share in global market, 2022 (%)

  • Key companies Composites Piezoelectric Material sales in global market, 2018-2023 (Estimated), (K Units)

  • Key companies Composites Piezoelectric Material sales share in global market, 2022 (%)

key players include:


  • Arkema

  • UJRC

  • Solvay

  • Piezo Kinetics

  • MSI Tranducers Corp.

  • CeramTec

  • Morgan Advanced Materials

  • Johnson Matthey

  • Piezo Technologies

  • Meggitt Sensing

  • Smart Material Corporation

  • APC International

  • Innovia (Shanghai) Materials

  • Weifang Jude Electronic Co.,Ltd


Outline of Major Chapters:

Chapter 1: Introduces the definition of Composites Piezoelectric Material, market overview.

Chapter 2: Global Composites Piezoelectric Material market size in revenue and volume.

Chapter 3: Detailed analysis of Composites Piezoelectric Material manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Composites Piezoelectric Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Composites Piezoelectric Material capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Composites Piezoelectric Material Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Composites Piezoelectric Material Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Composites Piezoelectric Material Overall Market Size 2.1 Global Composites Piezoelectric Material Market Size: 2022 VS 2029 2.2 Global Composites Piezoelectric Material Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Composites Piezoelectric Material Sales: 2018-2029 3 Company Landscape 3.1 Top Composites Piezoelectric Material Players in Global Market 3.2 Top Global Composites Piezoelectric Material Companies Ranked by Revenue 3.3 Global Composites Piezoelectric Material Revenue by Companies 3.4 Global Composites Piezoelectric Material Sales by Companies 3.5 Global Composites Piezoelectric Material Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Composites Piezoelectric Material Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Composites Piezoelectric Material Product Type 3.8 Tier 1, Tier 2 and Tier 3 Composites Piezoelectric Material Players in Global Market 3.8.1 List of Global Tie

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