United States Composites Market worth USD 161.68 billion by 2030 Globally, at a CAGR of 7.9% says Exactitude Consultancy
The Exactitude Consultancy has updated its global market reports with latest data for 2024 and projections up to 2030
LUTON, BEDFORDSHIRE, UNITED KINGDOM, April 26, 2024 /EINPresswire.com/ -- The global composites market is expected to grow at 7.9% CAGR from 2024 to 2030. It is expected to reach above USD 161.68 billion by 2030 from USD 81.56 billion in 2023.
The latest study released on the Global Composites Market evaluates market size, trend, and forecast to 2030. The Composites market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. The report is assembled to comprise qualitative and quantitative elements of Composites industry including market share that admires each country concerned in the competitive marketplace.
In addition, it provides a comprehensive analysis of aspects involved in market development before and after the Covid-19 pandemic. Report also conducted a PESTEL analysis in the industry to study key influencers and barriers to entry.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ฉ๐จ๐ซ๐ญ: โ
https://exactitudeconsultancy.com/reports/8920/composites-market/#request-a-sample
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐๐ฅ๐ฎ๐๐:
Owens Corning, Toray Industries, Inc., Teijin Limited, Mitsubishi Chemical Holdings Corporation, Hexcel Corporation, SGL Group, Nippon Electrical Glass Co. Ltd., Huntsman International LLC., and Solvay.
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฐ๐ฌ:
InJune 2021, will see Solvay S.A. Access to Novotech's selection of thermoset and thermoplastic composites and adhesive materials made possible thanks to a partnership with the Italian UAM firm. Additionally, it will offer specialised technical assistance for the second prototype of its hybrid Seagull water landing aircraft, scheduled to take flight in late 2021.
In June 2021 ,Hexcel Corporation reported that a lightweight camera drone it had created utilising HexPly carbon fibre prepregs had successfully completed its first flight. A group of students from the University of Applied Sciences Upper Austria in Wels created the composite drone using materials provided by Austria's Hexcel Neumarkt.
The report endeavours to offer a 360-degree analysis of the global Composites Market on the back of an insightful study of the prevailing demand and supply trends, important fiscal statistics of major players sustaining in the market, and the influence of latest economic advancements on the market. Developments in each geographical region is charted using authentic historical data with a view to help gauge the future trajectory of the market across the globe. SWOT analysis is conducted to identify the strengths, weaknesses, opportunities, and threats that these companies forecast to witness during the forecast period.
๐๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ญ๐ ๐๐ซ๐๐๐ค ๐๐จ๐ฐ๐ง ๐๐ซ๐ ๐ข๐ฅ๐ฅ๐ฎ๐ฆ๐ข๐ง๐๐ญ๐๐ ๐๐๐ฅ๐จ๐ฐ:
Global Composites Market by Fiber Type, 2020-2029, (USD Million) (Kilotons)
Glass Fiber Composites
Carbon Fiber Composites
Natural Fiber Composites
Global Composites Market by Resin Type, 2020-2029, (USD Million) (Kilotons)
Thermoset Composites
Thermoplastic Composites
Global Composites Market by Manufacturing Process, 2020-2029, (USD Million) (Kilotons)
Lay-Up Process
Filament Winding Process
Injection Molding Process
Pultrusion Process
Compression Molding Process
Resin Transfer Molding (Rtm) Process
Other
Global Composites Market By End-Use Industry, 2020-2029, (USD Million) (Kilotons)
Transportation
Aerospace & Defense
Wind Energy
Construction & Infrastructure
Pipe & Tank
Marine
Electrical & Electronics
Others
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ๐ฅ๐ฒ, ๐ญ๐ก๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง, ๐ซ๐๐ฏ๐๐ง๐ฎ๐, ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ก๐๐ซ๐, ๐๐ง๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ:
โ Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
โ North America (United States, Mexico & Canada)
โ South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
โ Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
โ Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
The findings based on our research methodology indicate that Asia Pacific will hold the largest revenue share in the global market during the forecast period. The increasing demand in major industries such as automotive & transportation, aerospace and defense, building & construction, and electrical & electronics is expected to create a humongous opportunity for players in this market. Moreover, the rapid development of cities and the existence of many manufacturers such as Toray Industries Inc. and Mitsubishi Chemical Holdings Corporation is expected to boost the regional market positively.
๐๐๐ฃ๐๐๐ญ๐ข๐ฏ๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
-To carefully analyze and forecast the size of the Composites market by value and volume.
-To estimate the market shares of major segments of the Composites.
-To showcase the development of the Composites market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Composites market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Composites.
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Composites market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐๐ง๐ ๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ@
https://exactitudeconsultancy.com/reports/8920/composites-market/
๐๐๐ฏ๐ข๐ง๐ ๐จ๐ฎ๐ซ ๐ซ๐๐ฏ๐ข๐๐ฐ๐ฌ ๐๐ง๐ ๐ฌ๐ฎ๐๐ฌ๐๐ซ๐ข๐๐ข๐ง๐ ๐ญ๐จ ๐จ๐ฎ๐ซ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐ก๐๐ฅ๐ฉ ๐ฒ๐จ๐ฎ ๐ฌ๐จ๐ฅ๐ฏ๐ ๐ญ๐ก๐ ๐ฌ๐ฎ๐๐ฌ๐๐ช๐ฎ๐๐ง๐ญ ๐ข๐ฌ๐ฌ๐ฎ๐๐ฌ:
โ Uncertainty about the market future: Our research and insights help our customers predict the upcoming revenue pockets and growth areas.
โ Understanding market sentiments: It is very important to have a fair understanding of market sentiment for your strategy. Our insights will help you see every single eye on Composites market sentiment. We maintain this analysis by working with key opinion leaders on the value chain of each industry we track.
โ Understanding the most reliable investment center: Our research evaluates investment centers in the market, taking into account future demand, profits, and returns. Clients can focus on the most prestigious investment centers through Composites market research.
โ Evaluating potential business partners: Our research and insights help our clients in identifying compatible business partners.
๐๐ก๐๐ญ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐จ๐๐ฌ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง?
Historical data coverage: 2018 to 2023; Growth Projections: 2024 to 2030.ย
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.ย
6-7 year performance forecasts: major segments covering applications, top products and geographies.ย
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
๐๐๐ง ๐ ๐ฆ๐จ๐๐ข๐๐ฒ ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ ๐ข๐ญ ๐ญ๐จ ๐ฌ๐ฎ๐ข๐ญ ๐ฆ๐ฒ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ?
Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
Free country-level analysis for the 5 countries of your choice.
Free competitive analysis of 5 key market players.
40 free analyst hours to cover any other data point.
๐๐จ๐ฐ ๐๐ซ๐ ๐๐ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ? & ๐๐ก๐ฒ ๐๐ก๐จ๐จ๐ฌ๐ ๐๐ฌ?
We always believe in quality, so we will provide you instant 24*7 sales support. In case, you have any queries or any doubts then we will provide post-purchase priority analyst assistance to clarify even single doubt on the Composites study.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ข๐ง๐ค๐ฌ:
https://exactitudeconsultancy.com/ko/reports/8920/composites-market/
https://exactitudeconsultancy.com/zh-CN/reports/8920/composites-market/
https://exactitudeconsultancy.com/ja/reports/8920/composites-market/
https://exactitudeconsultancy.com/de/reports/8920/composites-market/
https://exactitudeconsultancy.com/fr/reports/8920/composites-market/
๐ป๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐; ๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐-๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐-๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐ต๐๐๐๐ ๐จ๐๐๐๐๐๐, ๐จ๐๐๐,
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
๐๐จ๐ง๐ง๐๐๐ญ ๐ฎ๐ฌ ๐จ๐ง:
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Irfan T
Exactitude Consultancy
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