Quick Summary:
As the global economy continues to adapt and grow, understanding emerging markets is of paramount importance for senior business decision-makers. One such market rife with possibilities is the Composite Films industry, on track to reach a valuation of $492.2 million by 2030. This extensive market research report offers the requisite insights to navigate this steady growth and bolster your business strategies.
The report entails an in-depth analysis of key market segments, including lucrative subsectors such as Epoxy, projected to reach the $318 million mark by the end of the decade. Furthermore, it takes into account the notable geographical markets, such as the U.S, China, Japan, Canada, and Germany, scrutinizing their growth rates and projected sizes. Our report also includes informed insights into key competitors in this space from industry behemoths to emerging players. And, with access to digital archives, online collaborative updates, and complimentary updates for one year, this report promises to keep you a step ahead in the ever-evolving Composite Films market landscape.
Global Composite Films Market to Reach $492.2 Million by 2030
The global market for Composite Films estimated at US$261.2 Million in the year 2022, is projected to reach a revised size of US$492.2 Million by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030. Epoxy, one of the segments analyzed in the report, is projected to record 8.7% CAGR and reach US$318 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Other Resin Films segment is readjusted to a revised 7.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $71.2 Million, While China is Forecast to Grow at 13.4% CAGR
The Composite Films market in the U.S. is estimated at US$71.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$120.4 Million by the year 2030 trailing a CAGR of 13.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 6.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.Select Competitors (Total 48 Featured) -
- 3M
- Axiom Materials Inc.
- Gurit
- Henkel AG. & Co. KGAA
- Hexcel Corporation
- Lincoln Composite Materials, Inc.
- Northern Composites, LLC.
- Park Aerospace Corp.
- Socomore
- Solvay
- Toray Industries, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Composite Films?
What is the growth rate of the Global Market for Composite Films?
What is the forecasted size of the Global Market for Composite Films?
Who are the key companies in the Global Market for Composite Films?
| Report Attribute | Details |
|---|---|
| No. of Pages | 96 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 261.2 Million |
| Forecasted Market Value ( USD | $ 492.2 Million |
| Compound Annual Growth Rate | 8.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M
- Axiom Materials Inc.
- Gurit
- Henkel AG. & Co. KGAA
- Hexcel Corporation
- Lincoln Composite Materials, Inc.
- Northern Composites, LLC.
- Park Aerospace Corp.
- Socomore
- Solvay
- Toray Industries, Inc.
