Global Advanced Composites Market Size & Outlook
Global advanced composites market, 2017-2030 (US$M)
Related Markets
Global advanced composites market highlights
- The global advanced composites market generated a revenue of USD 34,266.4 million in 2021 and is expected to reach USD 74,923.6 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 9.1% by 2030.
- In terms of segment, carbon fiber composites accounted for a revenue of USD 20,510.5 million in 2021.
- Carbon Fiber Composites is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 34,266.4 million |
| Market revenue in 2030 | USD 74,923.6 million |
| Growth rate | 9.1% (CAGR from 2021 to 2030) |
| Largest segment | Carbon fiber composites |
| Fastest growing segment | Carbon Fiber Composites |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aramid Fiber Composites, Carbon Fiber Composites, Glass Fiber Composites |
Other key industry trends
- In terms of revenue, the North America accounted for 37.7% of the global advanced composites market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 14,455.9 million by 2030.
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Advanced Composites Market Scope
Advanced Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global advanced composites market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced composites market will help companies and investors design strategic landscapes.
Carbon fiber composites was the largest segment with a revenue share of 59.86% in 2021. Horizon Databook has segmented the Global advanced composites market based on aramid fiber composites, carbon fiber composites, glass fiber composites covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Advanced Composites Product Outlook (Revenue, USD Million, 2017-2030)
- Aramid Fiber Composites
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Others
- Carbon Fiber Composites
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Pipes & Tanks
- Construction
- Marine
- Others
- Glass Fiber Composites
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Pipes & Tanks
- Construction
- Marine
- Others
- Aramid Fiber Composites
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Target buyers of Global advanced composites market databook
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Our clientele includes a mix of advanced composites market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global advanced composites market , including forecasts for subscribers. This global databook contains high-level insights into Global advanced composites market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global advanced composites market size, by regions, 2017-2030 (US$M)
Top 10 countries: Advanced composites market size, 2021 (US$M)
Global advanced composites market share, by product, 2021 & 2030 (%, US$M)
Advanced composites market: Opportunity assessment by country
Global advanced composites market, by region, 2021 (US$M)
Related regional statistics
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