Global Composites Market to Reach $167.2 Billion by 2030
The global market for Composites estimated at US$90.1 Billion in the year 2022, is projected to reach a revised size of US$167.2 Billion by 2030, growing at a CAGR of 8% over the analysis period 2022-2030. Glass Fiber Composites, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach US$100.1 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 8.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $24.6 Billion, While China is Forecast to Grow at 12.1% CAGR
The Composites market in the U.S. is estimated at US$24.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$37.7 Billion by the year 2030 trailing a CAGR of 12.1% 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 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.Select Competitors (Total 247 Featured) -
- Basf SE
- Binani Industries Ltd.
- Chongqing Polycomp International Corporation
- Dowaksa
- Gaffco Ballistics
- Gurit
- Henkel Ag & Co. KGAA
- Hexcel Corporation
- Hexion
- Honeywell International Inc.
- Huntsman International LLC.
- Jushi Group Co., Ltd.
- Kineco Kaman Composites - India Private Limited
- Mitsubishi Chemical Holdings Corporation
- Nippon Electric Glass Co. Ltd.
- Owens Corning
- Renegade Materials Corporation
- Sgl Group
- Solvay
- Taishan Fiberglass Inc.(CTG)
- Teijin Limited
- Toray Industries, Inc.
- Trex Company, Inc.
- Upm Biocomposites
- Weyerhaeuser Company
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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Basf SE
- Binani Industries Ltd.
- Chongqing Polycomp International Corporation
- Dowaksa
- Gaffco Ballistics
- Gurit
- Henkel Ag & Co. KGAA
- Hexcel Corporation
- Hexion
- Honeywell International Inc.
- Huntsman International LLC.
- Jushi Group Co., Ltd.
- Kineco Kaman Composites - India Private Limited
- Mitsubishi Chemical Holdings Corporation
- Nippon Electric Glass Co. Ltd.
- Owens Corning
- Renegade Materials Corporation
- Sgl Group
- Solvay
- Taishan Fiberglass Inc.(CTG)
- Teijin Limited
- Toray Industries, Inc.
- Trex Company, Inc.
- Upm Biocomposites
- Weyerhaeuser Company
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 196 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 90.1 Billion |
Forecasted Market Value ( USD | $ 167.2 Billion |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Global |