The hybrid fabrics market is expected to reach $418 million by 2027, representing a 9 percent CAGR (compound annual growth rate) growth from 2020 to 2027, according to a new study by Allied Market Research. The growth will be primarily driven by the increasing success of lightweight fabrics, a surge in applications in the aircraft and automotive industries, and the multiplication of low-emission norms all over the world. Meanwhile, market growth is curtailed by the high cost of carbon/aramid and the availability of low-cost alternatives, said experts. By fiber type, the glass/carbon segment currently has the largest market share (nearly two-fifths in 2019), and is estimated to maintain its lead status during the 2020-2027 period. The carbon/UHMWPE segment is expected to register the highest growth and a CAGR evolution of 11.4 percent from 2020 to 2027. By region, the Asia-Pacific is estimated to show the highest growth, with a CAGR increase of 11.6 percent in the forecast period. Europe currently holds the largest share of the global hybrid fabric market, followed by North America.