Global Composites Market Size & Outlook, 2022-2030
Global composites market, 2018-2030 (US$M)
Related Markets
Global composites market highlights
- The global composites market generated a revenue of USD 93,694.3 million in 2022 and is expected to reach USD 163,971.2 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.2% by 2030.
- In terms of segment, glass fiber others accounted for a revenue of USD 56,210.6 million in 2022.
- Carbon Fiber is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 93,694.3 million |
| Market revenue in 2030 | USD 163,971.2 million |
| Growth rate | 7.2% (CAGR from 2022 to 2030) |
| Largest segment | Glass fiber others |
| Fastest growing segment | Carbon Fiber |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Fiber, Glass Fiber Others |
Other key industry trends
- In terms of revenue, the North America accounted for 21.7% of the global composites market in 2022.
- By country, the China 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 22,991.6 million by 2030.
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Composites Market Scope
Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 composites market will help companies and investors design strategic landscapes.
Glass fiber others was the largest segment with a revenue share of 59.99% in 2022. Horizon Databook has segmented the Global composites market based on carbon fiber, glass fiber others covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Composites Product Outlook (Revenue, USD MIllion, 2018-2030)
- Carbon Fiber
- Glass Fiber Others
- Others
- Global Composites MFG Process Outlook (Revenue, USD MIllion, 2018-2030)
- Layup
- Filament
- Injection Molding
- Pultrusion
- Compresion molding
- RTM
- Others
- Global Composites Application Outlook (Revenue, USD MIllion, 2018-2030)
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
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Target buyers of Global composites market databook
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Our clientele includes a mix of 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 composites market , including forecasts for subscribers. This global databook contains high-level insights into Global composites market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global composites market size, by region, 2018-2030 (US$M)
Top 10 countries by Composites Market revenue, 2022 (US$M)
Global composites market share, by product, 2022 & 2030 (%, US$M)
Composites market: Opportunity assessment by country
Global composites market, by region, 2022 (US$M)
Related regional statistics
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