Lucintel Blog: Electrical and electronics is expected to remain the largest segment in the global BRIC composites market

Tuesday, May 30, 2023

Electrical and electronics is expected to remain the largest segment in the global BRIC composites market

An exciting new study from the team of Lucintel found that BRIC composites market is expected to reach $28.1 billion by 2028 with a CAGR of 5.2%. 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.

Download Brochure of this report by clicking on https://www.lucintel.com/bric-composites-market.aspx.

The BRIC composites market is segmented based on end use, country. In this market, electrical and electronics is expected to remain the largest end use.

Innovation trends focused on high tensile strength, innovation trends focused on high tensile modulus and glass fiber based composites part using 3D technology, low styrene content unsaturated polyester resin are emerging trends having impact on dynamics of the industry.

Suzlon, Kineco Limited, Mahindra CEI Automotive Ltd., Tata AutoComp Systems, Chongqing Polycomp International Corporation (CPIC), Owens Corning, Jushi Group Co., Ltd., and Polynt-Reichhold are some of the major players profiled in this 205 page report.

Request Sample Pages by clicking on https://www.lucintel.com/bric-composites-market.aspx.

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 BRIC composites market by end use (pipe and tank, transportation, wind energy, aerospace and defense, construction, marine, electrical and electronics, and others) and country (Brazil, Russia, India China)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the BRIC composites market?

Q.4 What are some changing demands of customers in the BRIC composites market?

Q.5 What are the new developments in the BRIC 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 BRIC 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 BRIC 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 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.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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