North America Reinforced Plastics Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$63,425.5

Forecast, 2030 (US$M)

$76,533.8

CAGR, 2024 - 2030

2.7%

Report Coverage

North America

North America reinforced plastics market, 2018-2030 (US$M)

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Related Markets

Global Reinforced Plastics Industry Outlook

Europe Reinforced Plastics Market Outlook

Asia Pacific Reinforced Plastics Market Outlook

Latin America Reinforced Plastics Market Outlook

MEA Reinforced Plastics Market Outlook

North America reinforced plastics market highlights

The North America reinforced plastics market generated a revenue of USD 63,425.5 million in 2023.
The market is expected to grow at a CAGR of 2.7% from 2024 to 2030.
In terms of segment, carbon fiber was the largest revenue generating fiber type in 2023.
Carbon Fiber is the most lucrative fiber type segment registering the fastest growth during the forecast period.

North America data book summary

Market revenue in 2023	USD 63,425.5 million
Market revenue in 2030	USD 76,533.8 million
Growth rate	2.7% (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, North America region accounted for 24.5% of the global reinforced plastics market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 111,147.2 million by 2030.

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Reinforced Plastics Market Scope

Reinforced plastics market segmentation & scope

Fiber Type

Carbon Fiber

Glass Fiber

Aramid Fiber

Others

Application

Automotive

Building & Construction

Aerospace & Aviation

Wind Energy

Marine

Electrical & Electronics

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Canada

Mexico

U.S.

Denmark

France

Germany

Italy

Spain

China

India

Japan

South Korea

Thailand

Argentina

Brazil

Saudi Arabia

South Africa

UAE

Reinforced Plastics Market Companies

Name	Profile	# Employees	HQ	Website

North America 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 North America reinforced plastics market based on carbon fiber covering the revenue growth of each sub-segment from 2018 to 2030.

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Target buyers of North America reinforced plastics market databook

Our clientele includes a mix of reinforced plastics market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America reinforced plastics market , including forecasts for subscribers. This continent databook contains high-level insights into North America reinforced plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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