According to the recent study the composites tube market is projected to reach an estimated $580 million by 2030 from $424 million in 2023 at a CAGR of 5% from 2023 to 2030. Growth in this market is primarily driven by lower lifecycle cost compared to competing materials, such as steel, wood, and concrete and increasing demand for lightweight composite structures.
Browse 107 figures/charts
and 68 tables in this 205-page report to understand trends, opportunities and
forecast in composites tube market by end use (transportation, electrical,
sports and leisure, telecommunication, industrial, robotics and automation, and
others), fiber type (carbon fiber, glass fiber, and hybrid), manufacturing
process (pultrusion/ pullwinding, filament winding, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Download sample by clicking composites tube market
Lucintel forecasts that
sports and leisure will remain the largest end use segment over the forecast
period due to its excellent physical properties, such as high strength &
stiffness with low overall weight, excellent fatigue resistance, and
dimensional stability.
Glass composite tube
will remain the largest segment over the forecast period due to its low weight
and excellent strength to weight ratio.
APAC & ROW is
expected to remain the largest region over the forecast period due to due to
the rapid industrialization, and urbanization.
Exel Composites,
Accurate Plastics, Strongwell Corporation, Fibertech Composite, Fibergrate
Composite Structures are the major suppliers in the composites tube 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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years. We are quoted in several publications like the Wall Street Journal,
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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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