Canada Epoxy Composite Market Size & Outlook, 2020-2028
Canada epoxy composite market, 2017-2028 (US$M)
Related Markets
Canada epoxy composite market highlights
- The Canada epoxy composite market generated a revenue of USD 1,613.7 million in 2020 and is expected to reach USD 3,234.6 million by 2028.
- The Canada market is expected to grow at a CAGR of 9.1% 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 1,613.7 million |
| Market revenue in 2028 | USD 3,234.6 million |
| Growth rate | 9.1% (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, Canada accounted for 5.7% 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 North America, U.S. epoxy composite market is projected to lead the regional market in terms of revenue in 2028.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,672.3 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Epoxy Composite Market Scope
Epoxy Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 59.51% in 2020. Horizon Databook has segmented the Canada epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
The Canadian economy is highly developed and has mixed characteristics. The country ranks 9th in the world in terms of nominal GDP and 15th in terms of purchasing power parity. Owing to its abundant natural reserves of petroleum and natural gas.
the country is considered an energy superpower in the world. Canada maintains a strong trading network and it is one of the most highly globalized economies. The Canadian economy got destabilized in 2020 owing to the spread of the COVID-19 pandemic.
However, it has started showing recovery from economic destabilization since the beginning of 2021 and the rate of recovery is faster than expected. Bank of Canada announced that it expects the Canadian economy to grow by 6.5% in 2021. The quick recovery is anticipated to offer better opportunities to the manufacturers of various end-user industries located in the country.
Reasons to subscribe to Canada epoxy composite market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada epoxy composite market databook
-
Our clientele includes a mix of epoxy composite market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the Canada epoxy composite market , including forecasts for subscribers. This country databook contains high-level insights into Canada epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Canada epoxy composite market size, by fiber type, 2017-2028 (US$M)
Canada Epoxy Composite Market Outlook Share, 2020 & 2028 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
