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Composites Market Share

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Report ID: 4570
Published Date: Oct 11, 2024
Report Format: PDF, PPT

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Composites Market Share

Regionally, the global composites market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2037, owing to growing disposable income in this region. For instance, Singapore's disposable income per capita was anticipated to be around 30 thousand dollars within the ASEAN area.

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Composites Market Size & Share, Global Forecast Report 2037

Author Credits: Rajrani Baghel

Report ID: 4570
Published Date: Oct 11, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of composites is evaluated at USD 121.01 billion.

The composites market size was valued at USD 114.68 billion in 2024 and is likely to exceed USD 272.06 billion by the end of 2037, expanding at over 6.9% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by growing infrastructure activities of roads and bridges, surge in usage of composites in aerospace, rise in aging infrastructure, and others.

Asia Pacific is set to hold largest industry share by 2037, owing to growing disposable income in the region.

The major players in the market include Huntsman Corporation LLC, SGL Carbon, Teijin Limited, PPG Industries, Inc., Toray Industries, Inc., Owens Corning, Hexcel Corporation, DuPont, Momentive Performance Materials, Inc., China Jushi Group Co., Ltd.

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