According to a market report by Lucintel, the future of the composite materials in the global boating market looks promising with opportunities in sailboard, inboard and strendrive, outboard and others shoes. The composite materials in the global boating market is expected to reach an estimated $1,466 million by 2030 from $1094 million in 2023 at a CAGR of 4% from 2023 to 2030. The major driver for this market is penetration of composites in the new applications in marine due to its better mechanical properties like corrosion resistance and chemical resistance.
Browse 107 figures/charts and 168 tables in this 205-page report to
understand trends, opportunity and forecast in composite materials in the
global boating market to 2030 by engine type (sailboat, inboard and sterndrive,
and others), material used (advance composites and commodity composites), and
region (North America, Europe, Asia Pacific, and Rest of the World).
Lucintel forecasts that, inboard and sterndrive is expected to be the
largest engine type by value and volume and it is also expected to witness the
highest growth over the forecast period due to the increase in consumer’s
disposable income and maintaining lifestyle of the consumers.
Download sample by clicking on composite
materials in the global boating market
North America is expected to remain the largest region by value and
volume and over the forecast period due to increasing retail sale units of the
boats in this region. Europe is expected to witness the highest growth over the
forecast period.
Toray Industries Inc., Solvay, Gurit, DuPont, Hexion Coatings and
Composites Inc, Owens Corningare the major suppliers in the composite materials
in the global boating market.
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 write us at helpdesk@lucintel.com To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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