Market revenue in 2020 | USD 2,703.1 million |
Market revenue in 2028 | USD 5,140.3 million |
Growth rate | 8.4% (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 |
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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 62.01% in 2020. Horizon Databook has segmented the Germany epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
Germany has mixed economy, and it permits a free market economy for consumer goods and business services. The country remains the most politically and economically influential member nation in the Europe Union.
Country has strong exporting activities and together with China and the U.S., Germany is one of the top three exporting countries in the world. Also, Germany has the most open economy among G7 states and the country’s economic centers are located at Munich, Stuttgart, Rhine-Neckar, Hamburg, and Berlin.
The German economy is the leading manufacturing economy in Europe, and it is less likely to be affected by financial instabilities. During the initial wave of the COVID-19, even though the country’s macroeconomic indices fell, the government took initiatives which were able to keep the economy stable.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany epoxy composite market , including forecasts for subscribers. This country databook contains high-level insights into Germany epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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