Market Research Insights

  San Francisco, 9 Feb 2023:  The Report  Composites Market  Size, Share & Trends Analysis Report By Product Type (Carbon fiber, Glass Fiber), By Manufacturing Process (Layup, Filament, Injection Molding, Pultrusion), By End-Use, By Region, And Segment Forecasts, 2022 - 2030 The global composites market size is expected to reach USD 163.97 billion by 2030, registering a CAGR of 7.0% over the forecast period,according to a new report by Grand View Research, Inc. The demand for composites is expected to witness significant growth owing to the rising fuel prices and stringent government regulations have shifted automobile manufacturers focus on light-weighted components which would further propel the market demand over the forecast period. Composite products play an essential role in the manufacturing of automotive and aircraft parts. The growing concerns regarding fuel consumption and CO 2  emission levels have prompted the manufacturers to use carbo...

San Francisco, 12 December 2019:   The Report   Composites Market   Size, Share & Trends Analysis Report By Product (Carbon, Glass), By Resin, By Manufacturing Process, By Application, By End Use, And Segment Forecasts, 2018 – 2025 The global composites market size is expected to reach USD 130.83 billion by 2024, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.8% over the forecast period. Rising demand for lightweight materials from automotive and aerospace industries is likely to drive market growth. Rising need for lightweight vehicles is expected to fuel composites market growth over the forecast period. U.S. and Europe are the key regions in the aerospace and defense sector with aircraft manufacturers such as Boeing and Airbus driving product demand. The composites market has observed backward as well as forward integration from various raw material manufacturers. In-house availability of m...