U.S. Epoxy Composite Market Size & Outlook, 2020-2028
U.S. epoxy composite market, 2017-2028 (US$M)
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U.S. epoxy composite market highlights
- The U.S. epoxy composite market generated a revenue of USD 5,600.5 million in 2020 and is expected to reach USD 11,408.7 million by 2028.
- The U.S. market is expected to grow at a CAGR of 9.3% 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 5,600.5 million |
| Market revenue in 2028 | USD 11,408.7 million |
| Growth rate | 9.3% (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, U.S. accounted for 19.7% 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 |
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U.S. 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 60.36% in 2020. Horizon Databook has segmented the U.S. epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
The U.S. is the world’s largest economy, in terms of nominal GDP and net wealth, and the region is the second-largest economy on the basis of purchasing power parity. The U.S. economy represents approximately 20% of the total global economic output.
Economic development of the country is mainly attributed to its highly influential service and manufacturing sector. Booming research & development activities focused on innovation are anticipated to provide a better future for the U.S. economy.
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Target buyers of U.S. 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 U.S. epoxy composite market , including forecasts for subscribers. This country databook contains high-level insights into U.S. epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. epoxy composite market size, by fiber type, 2017-2028 (US$M)
U.S. Epoxy Composite Market Outlook Share, 2020 & 2028 (US$M)
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