The Composites Market Size was valued at USD 107.9 billion in 2023, and expected to reach USD 243.3 billion by 2031, and grow at a CAGR of 10.7% over the forecast period 2024-2031. The research report is beneficial for existing companies, possible new entrants, and potential investors because it offers a complete market assessment across important geographies like North America, Europe, Asia Pacific, Middle East, Latin America, and the Rest of the World. The most recent Composites Market study assesses market estimates and projections for all of the research’s covered segments on a global and regional level. The approach uses past market data to estimate revenue. This analysis discusses market trends, top companies, supply chain trends, technological advances, significant advancements, and upcoming company strategies.
Both primary and secondary sources were used to compile the Composites market data. Sales revenue from each segment and sub segment covered by the study’s scope is used to compute the market size. Both top-down and bottom-up methods are used in the market sizing analysis to validate and verify the accuracy of the data. Other areas of the industry, such as the supply chain, downstream buyers, and sourcing strategy, have been evaluated in order to provide a comprehensive and in-depth analysis of the market. Buyers will also be given with market positioning research, which takes into account elements like target consumer, brand strategy, and pricing plan.
Check sample on https://www.snsinsider.com/sample-request/1999
The major key players listed in the composites market are
- Teijin Ltd.
- Toray Industries, Inc.
- Owens Corning
- PPG Industries, Inc.
- Huntsman Corporation LLC
- SGL Group
- Hexcel Corporation
- DuPont
- Compagnie de Saint-Gobain S.A.
- Weyerhaeuser Company
- Momentive Performance Materials, Inc.
- Cytec Industries (Solvay, S.A.)
- China Jushi Co., Ltd.
- Kineco Limited
- Veplas Group
Market Segmentation
There will be numerous opportunities for industry participants to take advantage of the Composites market’s significant room for growth. The segment analysis of the report will aid in determining how each category will impact market growth in the ensuing years. By type, application, end-use, and geography, the market has been categorized in the market study.
Market Segmentation
By Fiber Type:
Glass Fiber Composites
Carbon Fiber Composites
Natural Fiber Composites
Other Fiber Composites
By Resin Type:
Thermoset Composites
Thermoplastic Composites
By End-use industry:
Aerospace & defense
Wind Energy
Automotive & Transportation
Construction & Infrastructure
Marine
Pipe
Tanks & Pressure Vessels
Electrical & Electronics
Others
By Manufacturing Process:
Lay-up
Filament Winding
Injection Molding
Pultrusion
Compression Molding
RTM
Others
Competitive Outlook
Current business summaries, gross margins, selling prices, sales income, sales volume, product specs with photographs, and contact information for each of the leading competitors on the market are all included in the research. In a descriptive section in the report’s conclusion, along with the market’s general scope in terms of investment feasibility in several Composites market sectors, new initiatives that might succeed in the worldwide market in the near future are highlighted.
Key Highlights of the Composites Market Report
- How COVID-19 impacts the target market’s commercial activities and income creation.
- Explicitly describing the elements that would limit the market’s growth.
- Accurate forecasts of future trends and discernible modifications in consumer behavior.
- Detailed information on the factors that could have an impact on market growth in the years to come.
- A thorough examination of the market’s competitive landscape and in-depth information on each provider.
About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company’s aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
Contact Us:
Akash Anand – Head of Business Development & Strategy
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
Related Reports
Diesel Exhaust Fluid Market Size
