Asia Pacific Epoxy Composite Market Size & Outlook
Asia Pacific epoxy composite market, 2017-2028 (US$M)
Related Markets
Asia Pacific epoxy composite market highlights
- The Asia Pacific epoxy composite market generated a revenue of USD 10,365.0 million in 2020.
- The market is expected to grow at a CAGR of 10% from 2021 to 2028.
- In terms of segment, glass fiber was the largest revenue generating fiber type in 2020.
- Carbon Fiber is the most lucrative fiber type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2021 to 2028.
Asia Pacific data book summary
| Market revenue in 2020 | USD 10,365.0 million |
| Market revenue in 2028 | USD 22,217.8 million |
| Growth rate | 10% (CAGR from 2020 to 2028) |
| Largest segment | Glass fiber |
| Fastest growing segment | Carbon Fiber |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass Fiber, Carbon Fiber, Other Fibers |
| Key market players worldwide | Teijin Ltd, Toray Industries Inc, Huntsman Corp, SGL Group, Hexcel Corp, Solvay SA, Park Aerospace Corp, Arkema SA, Avient Corp, Olin Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 36.5% of the global epoxy composite market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 22,217.8 million by 2028.
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Epoxy Composite Market Scope
Epoxy Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific epoxy composite 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 epoxy composite market will help companies and investors design strategic landscapes.
Glass fiber was the largest segment with a revenue share of 60.13% in 2020. Horizon Databook has segmented the Asia Pacific epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
Highly dynamic economic growth in the region is anticipated to create growth opportunities for foreign investors. Asia Pacific region includes China, Japan, India, Australia, South Korea, and ASEAN countries.
Substantially high global growth and trade coupled with the U.S. fiscal stimulus are anticipated to support trade activities in the region. Financial conditions in countries such as China, Japan and India have a significant impact on the region’s economic conditions.
Asia Pacific has been severely hit by the corona virus pandemic and at present, the region is on the phase of recovery. The countries within this region have strengthened their economic ties in the past decade; this is anticipated to create optimism for the economic revival of the countries.
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Target buyers of Asia Pacific epoxy composite market databook
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Our clientele includes a mix of epoxy composite 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 continent-level data and insights on the Asia Pacific epoxy composite market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific epoxy composite market size, by country, 2017-2028 (US$M)
Asia Pacific Epoxy Composite Market Outlook Share, 2020 & 2028 (US$M)
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