Global Reinforced Plastics Market Size & Outlook
Global reinforced plastics market, 2018-2030 (US$M)
Global reinforced plastics market highlights
- The global reinforced plastics market generated a revenue of USD 258,665.0 million in 2023 and is expected to reach USD 314,953.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 2.9% by 2030.
- In terms of segment, carbon fiber accounted for a revenue of USD 258,665.0 million in 2023.
- Carbon Fiber is the most lucrative fiber type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 258,665.0 million |
| Market revenue in 2030 | USD 314,953.8 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Carbon fiber |
| Fastest growing segment | Carbon Fiber |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Fiber |
Other key industry trends
- In terms of revenue, the North America accounted for 24.5% of the global reinforced plastics market in 2023.
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Reinforced Plastics Market Scope
Reinforced Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global reinforced plastics 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 reinforced plastics market will help companies and investors design strategic landscapes.
Carbon fiber was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global reinforced plastics market based on carbon fiber covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Reinforced Plastics Fiber Type Outlook (Revenue, USD Million, 2018-2030)
- Carbon Fiber
- Glass Fiber
- Aramid Fiber
- Others
- Global Reinforced Plastics Application Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Building & Construction
- Aerospace & Aviation
- Wind Energy
- Marine
- Electrical & Electronics
- Others
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Target buyers of Global reinforced plastics market databook
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Our clientele includes a mix of reinforced plastics 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 global-level data and insights on the Global reinforced plastics market , including forecasts for subscribers. This global databook contains high-level insights into Global reinforced plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global reinforced plastics market size, by regions, 2018-2030 (US$M)
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