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22nd September 2017

Growth Opportunities in the Global Composites Industry


Report summary

The future of the global composites market looks attractive, with opportunities in the transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronic, aerospace and others. The global composite materials market is expected to reach an estimated $39.1 billion by 2022 and it is forecast to grow at a CAGR of 5.1% from 2017 to 2022. The global composites end product market is expected to reach an estimated $113.2 billion by 2022. The major drivers for growth in this market are increasing demand for lightweight materials in the aerospace & defence and automotive industry; corrosion and chemical resistance materials demand in construction and pipe & tank industry; electrical resistivity and low flame retardant materials demand in E&E industry.

Emerging trends, which have a direct impact on the dynamics of the industry, include development of low-cost carbon fibres, high performance glass fibre and shorter cycle time of resin system.

A total of 240 figures / charts and 39 tables are provided in this 383-page report to help in your business decisions.

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Growth Opportunities in the Global Composites Industry

383 pages, print format

Publication date: June 2017

Publisher: Lucintel

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