Italy Epoxy Composite Market Size & Outlook, 2020-2028
Italy epoxy composite market, 2017-2028 (US$M)
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Italy epoxy composite market highlights
- The Italy epoxy composite market generated a revenue of USD 1,384.3 million in 2020 and is expected to reach USD 2,459.4 million by 2028.
- The Italy market is expected to grow at a CAGR of 7.4% 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 1,384.3 million |
| Market revenue in 2028 | USD 2,459.4 million |
| Growth rate | 7.4% (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 |
Other key industry trends
- In terms of revenue, Italy accounted for 4.9% 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 Europe, Germany epoxy composite market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 5,140.3 million by 2028.
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Epoxy Composite Market Scope
Epoxy Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 61.91% in 2020. Horizon Databook has segmented the Italy epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
Italy’s financial sector is moderately stable and most sectors in the country are open. Spread of COVID19 infections created a negative impact on the country’s economy in 2020.The country is one of the largest economies in Europe and its financial structure is chiefly reliant on services and manufacturing.
The country is divided into highly industrialized northern part and more agriculture-dependent southern part. Almost 75% of the country’s revenue is generated in northern part, hence the high per capita income and lower unemployment rate in this region.
Political instability, economic stagnation, and lack of structural reforms are the major challenges faced by the country after the spread of COVID-19. However, the introduction of new fiscal measures by the Italian government is anticipated to bring stability in the economy.
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Our clientele includes a mix of epoxy composite market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy epoxy composite market , including forecasts for subscribers. This country databook contains high-level insights into Italy epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Italy epoxy composite market size, by fiber type, 2017-2028 (US$M)
Italy Epoxy Composite Market Outlook Share, 2020 & 2028 (US$M)
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