Poland Composite Strengthening Systems Market Size & Outlook
Related Markets
Poland composite strengthening systems market highlights
- The Poland composite strengthening systems market generated a revenue of USD 1.2 million in 2023 and is expected to reach USD 1.6 million by 2030.
- The Poland market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, fiber-reinforced polymer (frp) was the largest revenue generating product in 2023.
- Fiber-Reinforced Polymer (FRP) is the most lucrative product segment registering the fastest growth during the forecast period.
Composite strengthening systems market data book summary
| Market revenue in 2023 | USD 1.2 million |
| Market revenue in 2030 | USD 1.6 million |
| Growth rate | 5.8% (CAGR from 2024 to 2030) |
| Largest segment | Fiber-reinforced polymer (frp) |
| Fastest growing segment | Fiber-Reinforced Polymer (FRP) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fiber-Reinforced Polymer (FRP), Fabric-Reinforced Cementitious Matrix (FRCM) |
| Key market players worldwide | Simpson Strong-Tie Company |
Other key industry trends
- In terms of revenue, Poland accounted for 0.7% of the global composite strengthening systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany composite strengthening systems market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 10.5 million by 2030.
Fiber-reinforced polymer (frp) was the largest segment with a revenue share of 75% in 2023. Horizon Databook has segmented the Poland composite strengthening systems market based on fiber-reinforced polymer (frp), fabric-reinforced cementitious matrix (frcm) covering the revenue growth of each sub-segment from 2018 to 2030.
Poland witnessed an increased growth of 0.3% in the GDP in 2023, moreover economic growth in 2024 is expected to oscillate around 2.3%.
This growth was supported by large investments, increase in the net exports, low interest rates, private consumption, and improved position of the labor market.
Positive economic developments in the country are expected to boost the per capita income, thereby driving the demand for housing.
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Composite Strengthening Systems Market Scope
Composite Strengthening Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Simpson Strong-Tie Company | View profile | 1001-5000 | Pleasanton, California, United States, North America | https://www.strongtie.com |
Poland composite strengthening systems market size, by product, 2018-2030 (US$M)
Poland Composite Strengthening Systems Market Outlook Share, 2023 & 2030 (US$M)
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