Mexico Epoxy Composite Market Size & Outlook, 2020-2028
Mexico epoxy composite market, 2017-2028 (US$M)
Related Markets
Mexico epoxy composite market highlights
- The Mexico epoxy composite market generated a revenue of USD 774.3 million in 2020 and is expected to reach USD 1,672.3 million by 2028.
- The Mexico market is expected to grow at a CAGR of 10.1% from 2021 to 2028.
- In terms of segment, glass fiber was the largest revenue generating fiber type in 2020.
- Glass 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 774.3 million |
| Market revenue in 2028 | USD 1,672.3 million |
| Growth rate | 10.1% (CAGR from 2020 to 2028) |
| Largest segment | Glass fiber |
| Fastest growing segment | Glass 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, Mexico accounted for 2.7% 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.
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Epoxy Composite Market Scope
Epoxy Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 61.41% in 2020. Horizon Databook has segmented the Mexico epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
Mexico is one of the emerging economies in the North American region. According to the International Monetary Fund (IMF), the country is the 15th top country in terms of nominal GDP. The Mexican economy relies on both manufacturing and service sectors.
with substantial share of private ownerships. Various projects for the upgrading of infrastructure, including railroads, airports, telecommunications, electricity generation, and natural gas distribution, are anticipated to improve the macroeconomic indices of the country in near future.
Mexico is an export-driven country and a significant share of the Mexican trade falls under Free Trade Agreements. One of the highly influential free-trade agreements is United States-Mexico-Canada Agreement (USMCA).
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Target buyers of Mexico 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 country-level data and insights on the Mexico epoxy composite market , including forecasts for subscribers. This country databook contains high-level insights into Mexico epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Mexico epoxy composite market size, by fiber type, 2017-2028 (US$M)
Mexico Epoxy Composite Market Outlook Share, 2020 & 2028 (US$M)
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