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Tuesday, March 22, 2022

Composites Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Opportunities in the composites market have evolved through a number of stages i.e. from evolution of glass reinforced plastic parts and MRI and x-ray table. Lucintel has found the future of this market to be promising; 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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https://www.lucintel.com/composites-market.aspx

Owens Corning, Jushi Group, Nippon Electric, Toray Industries, and Hexel Corporation are some of the companies profiled in this report.

Some of the features of this report:

·         Market size estimates: Composites market size estimation in terms of value ($M) shipment.

·         Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by segments and region.

·         Segmentation analysis: Composites market size by various applications such as application, fiber type, resin type, manufacturing process, molding compound, and country in terms of value and volume shipment.

·         Regional analysis: Composites market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

·         Growth opportunities: Analysis on growth opportunities in different applications and regions of composites in the composites market.

·         Strategic analysis: This includes M&A, new product development, and competitive landscape of composites in the composites market.

·         Analysis of competitive intensity of the industry based on Porter’s Five Forces model. 

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

This exclusive 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.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: 
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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