The Composites Global Market Report 2023, provides comprehensive information on the composites market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Composites Global Market Report 2023, the market size is expected to grow from $88.9 billion in 2022 to $98.91 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global composites is expected to grow to $154.39 billion in 2027 at a CAGR of 11.8%.
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The composites market is segmented:
1) By Product: Carbon Fiber, Glass Fiber
2) By Manufacturing Process: Layup Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Compression Molding Process, Resin Transfer Molding Process, Other Processes
3) By Resin Type: Thermoset Composites, Thermoplastic Composites
4) By End-Use Industry: Aerospace and defense, Wind Energy, Automotive and Transportation, Construction & Infrastructure, Marine, Pipe and Tank, Electrical and Electronics, Other End-Users
Asia-Pacific was the largest region in the composites market in 2022.
Top 5 Major Key Players Are:
DuPont
Gurit
Henkel Corporation
Hexcel Corporation
Huntsman International LLC
Table Of Contents
1. Executive Summary
2. Composites Market Characteristics
3. Composites Market Trends And Strategies
4. Composites Market – Macro Economic Scenario
5. Composites Market Size And Growth
…….
26. Africa Composites Market
27. Composites Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Composites Market
29. Composites Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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