Composites Market Size, Top Players, and Forecast by 2028
Composites Market: Strategic Insights
Composites Market
-
CAGR (2022 - 2028)5.8% -
Market Size 2022
US$ 88.71 Billion -
Market Size 2028
US$ 24.19 Billion
Market Dynamics
GROWTH DRIVERS
- Demand for lightweight, high-strength materials
- Focus on sustainability driving composite adoption
FUTURE TRENDS
- Advancements in carbon fiber composites
- Rising use of thermoplastic composites
OPPORTUNITIES
- Growth in wind energy applications
- Increased use in electric vehicle production
Key Players
- DuPont de Nemours Inc
- Gurit Holding AG
- Hexion Inc
- Mitsubishi Chemical Holdings Corp
- Nippon Electric Glass Co Ltd
- Owens Corning
- SGL Carbon SE
- Teijin Ltd
- Solvay SA
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Fiber Type
- Carbon Fiber Composites
- Glass Fiber Composites
Resin Type
- Thermoset
- Thermoplastic
End-Use Industry
- Automotive
- Aerospace & Defense
- Wind
- Construction
- Marine
- Sporting Goods