Transportation is expected to remain the largest segment in the global composites market


Posted March 22, 2022 by Lucintel

An exciting new study from the team of Lucintel found that composites market is expected to reach $39.4 billion by 2025 with a CAGR of 4%.

 
An exciting new study from the team of Lucintel found that composites market is expected to reach $39.4 billion by 2025 with a CAGR of 4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The composites market is segmented based on application, fiber type, resin type, manufacturing process, molding compound, country, and region. In this market, transportation is the largest segment by end use industry, whereas injection molding is largest by manufacturing process. Players can benefit from the available opportunities like increasing automotive production, high growth in construction, and infrastructure development.
The growing usage of recycled and bio-based composites and a shifting focus from commodities to more specialized grades of composites are emerging trends having impact on dynamics of the industry.
Owens Corning, Jushi Group, Nippon Electric, Toray Industries, and Hexel Corporation are some of the major players profiled in this 415 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the composites market by application type (transportation, marine, wind energy, aerospace, pipe & tank, construction, electrical & electronics, consumer goods, and others), raw material (glass fiber, carbon fiber, aramid fiber, polyester resin, vinyl ester, phenolic, polyurethane, thermoplastic resin, filler, and others), fiber type (glass fiber composites, carbon fiber composites, and aramid fiber composites), resin type (polyester composites, epoxy composites, vinyl ester composites, phenolic composites, other thermosets, and thermoplastic composites), by molding compound (SMC, BMC, SFT, LFT, and other composites), and region (North America, Europe, APAC, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the composites market?
Q.4 What are some changing demands of customers in the composites market?
Q.5 What are the new developments in the composites market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this composites area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this composites market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751

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Contact Email [email protected]
Issued By Lucintel LLC
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https://www.lucintel.com/composites-market.aspx
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Categories Business
Tags composites market
Last Updated March 22, 2022