Quick Summary:
In an increasingly dynamic and innovation-driven global economy, the Closed Moulding Composites market is making substantial waves. The Closed Moulding Composites market is projected to reach an impressive size of US$131.3 Billion by 2030, with significant growth primarily driven by sectors such as Glass Fiber Composites and Carbon Fiber Composites. This encyclopedic research report, which provides a comprehensive view of the market landscape and its future potentials, is an invaluable resource to cultivate an informed understanding and strategic approach to investment in this booming sector.
Not only does this report provide insights into the global market dynamics, but it also delves into key geographic territories including the U.S., China, Japan, Canada, and Germany, thereby providing a comprehensive view of the opportunities and competitive landscape in these prominent markets. In addition, the report features a select list of competitors, enabling you to decipher competitive strengths and strategies. What makes it indispensable to investors and decision-makers alike is its special coverage on global competitiveness, market presence across multiple geographies, and online interactive updates to keep you ahead of the curve. Purchase this market research report to enhance your strategic decision making and stay ahead in the global Closed Molding Composites market.
Global Closed Molding Composites Market to Reach $131.3 Billion by 2030
The global market for Closed Molding Composites estimated at US$80.4 Billion in the year 2022, is projected to reach a revised size of US$131.3 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030. Glass Fiber Composites, one of the segments analyzed in the report, is projected to record 7.2% CAGR and reach US$74.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Carbon Fiber Composites segment is readjusted to a revised 5.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $21.4 Billion, While China is Forecast to Grow at 9.6% CAGR
The Closed Molding Composites market in the U.S. is estimated at US$21.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$31 Billion by the year 2030 trailing a CAGR of 9.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.Select Competitors (Total 12 Featured) -
- A. Schulman, Inc.
- Continental Structural Plastics, Inc.
- Core Molding Technologies, Inc.
- Exel Composites Oyj
- GKN Aerospace
- Menzolit GmbH
- Polynt S.P.A.
- Royal Ten Cate NV
- SAERTEX GmbH & Co.KG
- STRONGWELL Corporation
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 Closed Molding Composites?
What is the growth rate of the Global Market for Closed Molding Composites?
What is the forecasted size of the Global Market for Closed Molding Composites?
Who are the key companies in the Global Market for Closed Molding Composites?
| Report Attribute | Details |
|---|---|
| No. of Pages | 179 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 80.4 Billion |
| Forecasted Market Value ( USD | $ 131.3 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- A. Schulman, Inc.
- Continental Structural Plastics, Inc.
- Core Molding Technologies, Inc.
- Exel Composites Oyj
- GKN Aerospace
- Menzolit GmbH
- Polynt S.P.A.
- Royal Ten Cate NV
- SAERTEX GmbH & Co.KG
- STRONGWELL Corporation
