Europe Epoxy Composite Market Size & Outlook, 2020-2028
Europe epoxy composite market, 2017-2028 (US$M)
Related Markets
Europe epoxy composite market highlights
- The Europe epoxy composite market generated a revenue of USD 6,863.1 million in 2020.
- The market is expected to grow at a CAGR of 7.6% 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, Germany is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 6,863.1 million |
| Market revenue in 2028 | USD 12,364.1 million |
| Growth rate | 7.6% (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, Europe region accounted for 24.2% 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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Europe 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 61.24% in 2020. Horizon Databook has segmented the Europe epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
Europe is a free-market economy based on the movement or flow of the capital. The major national economies of Europe include Germany, the UK, France, Italy, Russia, and Spain. The European Union countries generate approximately two-third of Europe’s GDP. Presence of corporate giants in the region is anticipated to offer better business opportunities for the European countries.
Most of the top corporates of the Fortune Global 500 have their headquarters in Europe. Recent spread of corona virus disease caused major damage to the European economy. However, timely actions taken by various governments and development of vaccines across the region could control the spreading of the disease.
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Target buyers of Europe 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 Europe epoxy composite market , including forecasts for subscribers. This continent databook contains high-level insights into Europe epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Europe epoxy composite market size, by country, 2017-2028 (US$M)
Europe Epoxy Composite Market Outlook Share, 2020 & 2028 (US$M)
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