Composites Market
Composites Market - Global Industry Assessment & Forecast
#
Pages:
155
2023
Jan - 2022
VMR-1194
Segments Covered
By
Product Carbon Fiber, Glass Fiber, Others
-
By
Manufacturing Process Layup Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Compression Molding Process, Resin Transfer Molding Process, Others
-
By
End-Use Automotive & Transportation, Electrical & Electronics, Wind Energy, Construction & Infrastructure, Pipes & Tanks, Marine, Others
-
By
Resin Type Thermoplastic, Thermosetting
-
By
Region North America, Europe, Latin America, Asia-Pacific, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 120.9 Billion |
 Revenue 2032:
|
USD 258.1 Billion |
 Revenue CAGR
(2024 - 2032): |
8.8% |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
Europe |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Composites Market by Product by Manufacturing Process by End-Use by Resin Type by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
Vantage Market
Research | 24-Jan-2022
FAQ
Frequently Asked Question
What is the global demand for Composites in terms of revenue?
-
The global Composites valued at USD 120.9 Billion in 2023 and is expected to reach USD 258.1 Billion in 2032 growing at a CAGR of 8.8%.
Which are the prominent players in the market?
-
The prominent players in the market are Huntsman Corporation, SGL Carbon SE, Teijin Limited, PPG Industries Inc., Toray Industries Inc., Owens Corning, Hexcel Corporation, DuPont de Nemours Inc., Momentive Performance Materials, Jushi Group Co. Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.8% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Composites include
- Increasing Construction and Infrastructure Spending
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Composites in 2023.
