Australia Epoxy Composite Market Size & Outlook, 2020-2028
Australia epoxy composite market, 2017-2028 (US$M)
Related Markets
Australia epoxy composite market highlights
- The Australia epoxy composite market generated a revenue of USD 707.6 million in 2020 and is expected to reach USD 1,022.3 million by 2028.
- The Australia market is expected to grow at a CAGR of 4.7% 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.
Epoxy composite market data book summary
| Market revenue in 2020 | USD 707.6 million |
| Market revenue in 2028 | USD 1,022.3 million |
| Growth rate | 4.7% (CAGR from 2020 to 2028) |
| Largest segment | Glass fiber |
| Fastest growing segment | Carbon Fiber |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 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, Australia accounted for 2.5% of the global epoxy composite market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China epoxy composite market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,606.3 million by 2028.
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Epoxy Composite Market Scope
Epoxy Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 60.34% in 2020. Horizon Databook has segmented the Australia epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
Australia is the 12th largest economy in the world in terms of nominal GDP and has highly developed mixed economy. The country’s economy is mainly driven by government and business spending .The country’s major trading partner is China.
The country also has free trade agreements with ASEAN countries, the U.S., Canada, Chile, China, South Korea, Malaysia, New Zealand, Peru, and Singapore. Mining is the major sector for revenue generation for the country.
Australia has the credit for not falling into recession during 2007–2008. Owing to the spread of COVID-19 pandemic, the country’s GDP fell by 2.4% in 2020 and IMF forecasts that the country will be recovering by 2022 due to the efficient fiscal policies.
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Our clientele includes a mix of epoxy composite market companies, investment firms, advisory firms & academic institutions.
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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 Australia epoxy composite market , including forecasts for subscribers. This country databook contains high-level insights into Australia epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Australia epoxy composite market size, by fiber type, 2017-2028 (US$M)
Australia Epoxy Composite Market Outlook Share, 2020 & 2028 (US$M)
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