France Composites Market Size & Outlook, 2022-2030
France composites market, 2018-2030 (US$M)
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France composites market highlights
- The France composites market generated a revenue of USD 4,543.0 million in 2022 and is expected to reach USD 7,291.5 million by 2030.
- The France market is expected to grow at a CAGR of 6.1% from 2023 to 2030.
- In terms of segment, glass fiber others was the largest revenue generating product in 2022.
- Carbon Fiber is the most lucrative product segment registering the fastest growth during the forecast period.
Composites market data book summary
| Market revenue in 2022 | USD 4,543.0 million |
| Market revenue in 2030 | USD 7,291.5 million |
| Growth rate | 6.1% (CAGR from 2022 to 2030) |
| Largest segment | Glass fiber others |
| Fastest growing segment | Carbon Fiber |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Fiber, Glass Fiber Others |
| Key market players worldwide | Teijin Ltd, Toray Industries Inc, Owens-Corning Inc, PPG Industries Inc, Huntsman Corp, SGL Group, Hexcel Corp, DuPont de Nemours Inc, Compagnie de Saint-Gobain SA, Weyerhaeuser Co, Cytec Industries, Jushi, KINECO, Momentive, Veplas Group |
Other key industry trends
- In terms of revenue, France accounted for 4.8% of the global composites market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany composites market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,669.2 million by 2030.
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Composites Market Scope
Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 54.21% in 2022. Horizon Databook has segmented the France composites market based on carbon fiber, glass fiber others covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for composites in France is expected to be propelled by the latest advancements in the manufacturing facilities in the aerospace and automotive sectors. To meet the ascending demand for composites, Owens Corning increased its production capacity by investing USD 50 million in its production facility located in Chambery, France.
The growth of maritime industries in France is expected to aid the rise in demand for composites for marine applications. An increase in the production of fishing boats and large marine vessels is expected to boost the product demand.
In addition, increasing the use of composites for marine aggregate mining and extraction machinery is presumed to have a positive impact on the overall market growth. Moreover, initiatives to increase offshore wind energy and tidal energy projects are expected to bolster the product demand over the forecast period.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the France composites market , including forecasts for subscribers. This country databook contains high-level insights into France composites market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France composites market size, by product, 2018-2030 (US$M)
France Composites Market Outlook Share, 2022 & 2030 (US$M)
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