Composites Market Is Expected To Reach $39.4 Billion By 2025- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest market report analyzed that composites provides attractive opportunities in the transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronics, aerospace, and others. The composites market is expected to reach $39.4 billion by 2025 with a CAGR of 4%. In this market, transportation is the largest segment by end use industry, whereas injection molding is largest by manufacturing process. The development of low-cost carbon fibers, high performance glass fiber, and rapid cure resin system provides strategic growth path in this market.
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Based on end use industry, the composites market is segmented into transportation, marine, wind energy, aerospace, pipe & tank, construction, electrical & electronics, consumer goods, and others. The transportation segment accounted for the largest share of the market in 2020.
Browse in-depth TOC on “Composites Market”
38 – Tables
238 – Figures
415– Pages
The composites market is ...
... marked by the presence of several big and small players. Some of the prominent players offering composites include Owens Corning, Jushi Group, Nippon Electric, Toray Industries, and Hexel Corporation.
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This unique research report 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 helpdesk@lucintel.com.
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: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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