According to a market report by Lucintel, the future of the global composites distributor market looks promising with opportunities in the transportation, marine, wind energy, aerospace & defense, pipe & tank, automotive, marine, construction, electrical/electronics, and consumer goods. The global composites distributor market is expected to reach an estimated $4 billion by 2030 at a CAGR of 1% from 2023 to 2030. The major drivers for this market are increasing demand for composites in North America and Asia Pacific region and presence of large number of medium and small composite part manufacturers.
Browse 89 figures/charts
and 76 tables in this 181-page report
to understand trends, opportunity and
forecast in composites distributor market to 2030 by end use (aerospace and
defense, wind energy, automotive, marine, construction, pipe and tank,
electrical/electronics, consumer goods, and others), raw material (roving,
textile, polyester resin, vinylester resin, epoxy resin, and other resins),
intermediate (prepreg, SMC, BMC, SFT, LFT, CFT, and GMT), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, polyester resin is expected to remain the largest material by
value and volume and it is also expected to witness the highest growth during
the forecast period due to increasing demand in construction and pipe &
tank industry.
Construction
will remain the largest end use due to growth in demand for light weight and
non-corrosive materials in industrial, commercial, residential, and civil
construction applications as well as presence of large number of composite part
fabricators. Distributors generally serve small to medium size part fabricators
as they buy small to mid-sized quantities for various applications.
Download
sample by clicking on composites
distributor market.
Asia
Pacific is expected to remain the largest region by value and volume and is
also expected to experience the highest growth over the forecast period because
of growing composites market and presence of a large number of small part
fabricators especially for pipe & tank, construction, and consumer goods
end use industries
Composites
One, North American Composites, Revchem Composites, Bodo Möller Chemie, ICOM
Composites are the major suppliers in the composites distributor 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
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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