Lucintel Forecasts Composites Tube Market to Reach $580.0 million by 2030

According to the recent study the composites tube market is projected to reach an estimated $580.0 million by 2030 from $423.6 million in 2023, at a CAGR of 5.0% 2023 to 2030. Growth in this market is primarily driven by lower lifecycle cost compared to competing materials, such as steel, wood, and concrete and increasing demand for lightweight composite structures.

Browse 88 figures / charts and 66 tables in this 135 -page report to understand trends, opportunities and forecast in composites tube market by end use (transportation, electrical, sports and leisure, telecommunication, industrial, robotics and automation, and others), fiber type (carbon fiber, glass fiber, and hybrid), manufacturing process (pultrusion/ pullwinding, filament winding, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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Lucintel forecasts that sports and leisure will remain the largest end use segment over the forecast period due to its excellent physical properties, such as high strength & stiffness with low overall weight, excellent fatigue resistance, and dimensional stability.

Glass composite tube will remain the largest segment over the forecast period due to its low weight and excellent strength to weight ratio.

APAC & ROW is expected to remain the largest region over the forecast period due to due to the rapid industrialization, and urbanization.

Exel Composites, Accurate Plastics, Strongwell Corporation, Fibertech Composite, Fibergrate Composite Structures are the major suppliers in the composites tube market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]

Lucintel Forecasts Glass Mat Thermoplastic Market to Reach $957.0 million by 2030

According to the recent study the glass mat thermoplastic market is projected to reach an estimated $967.1 million by 2030 from $622.9 million by 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by the increasing use of glass mat thermoplastic in automotive and construction applications, increasing use for lightweight materials, recyclability, and ease of processing of GMT.

Browse 50 figures / charts and 48 tables in this 130 -page report to understand trends, opportunities and forecast in glass mat thermoplastic market by application (transportation, construction, and others), material type (traditional GMT and advance GMT), and region (North America, Europe, and Asia Pacific & Rest of the World).

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Lucintel forecasts that transportation will remain the largest application by value and volume due to increasing government mandates for higher fuel economy, recyclability, and ease of processing are the major driving forces that spur growth for GMT.

Traditional GMT is expected to remain the largest market by value and volume, mainly driven by its various mechanical properties like lower mass, recyclability, high productivity, and low tooling cost.

Asia Pacific (APAC) expected to remain the largest market and it is also expected to witness the highest growth over the forecast period due to the anticipated growth in the end user industries and increasing focus on lightweight thermoplastic composites

Mitsubishi Chemical Advanced Materials, Hanwha Advanced Materials, JFE Chemical Corporation are the major supplier in the glass mat thermoplastic market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]

Lucintel Forecasts UK Composites Market to Reach $0.7 billion by 2030

According to the recent study the UK composites market is projected to reach an estimated $0.7 billion by 2030 from $0.6 billion in 2023, at a CAGR of 2.8% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for lightweight materials in the aerospace & defense, automotive, and wind energy industries; the UK composites market will also see increased demand due to the need for materials that offer corrosion and chemical resistance in the construction industry.

Browse 127 figures / charts and 101 tables in this 241 -page report to understand trends, opportunities and forecast in UK composites market by end use application (aerospace and defense, transportation, wind energy, construction, and others), fiber type (glass composites, and carbon composites), resin type (polyester composites, epoxy composites, vinyl ester composites, PA composites, PP composites, and other), and manufacturing process (hand layup, spray up, resin infusion, pultrusion, injection molding, compression molding, prepreg layup, and others).

Lucintel forecast that wind energy will remain the largest end use segment and is also expected to witness the highest growth over the forecast period due to due to increasing potential demand for bigger, stronger, more durable composite turbine blades.

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Glass composites will remain the largest segment over the forecast period due to the increasing use of glass composites in various applications.

GKN Aerospace, BAE Systems, Hexcel, Bombardien, NP Aerospace, Princess, Sunseeker, Exel Composites, and MHI Vestas Offshore Wind are among the major UK composites providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]

Lucintel Forecasts Indian Composites Market to Reach $3.0 Billion by 2030

According to the recent study the Indian composites market is projected to reach an estimated $3.0 billion by 2030 from $2.0 billion in 2023, at a CAGR of 7.0% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for lightweight materials in the aerospace & defense and automotive industries; corrosion and chemical-resistant materials’ demand in the construction and pipe & tank industries; demand for materials with electrical resistance and high flame retardancy in the electrical and electronics industry.

Browse 48 figures / charts and 46 tables in this 137 -page report to understand trends, opportunities and forecast in Indian composites market by nd use (pipe & tank, transportation, wind energy, aerospace and defense, construction, marine, and electrical and electronics, and others), fiber type (glass fiber based composites, carbon fiber based composites, and aramid fiber based composites), and resin type (UPR based composites, epoxy based composites, vinyl Ester based composites, and others).

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Lucintel forecasts that wind energy will remain the largest end use segment over the forecast period, and it is also expected to witness the highest growth over the forecast period due to the increasing installation of wind turbines and requirement of lightweight and non-corrosive materials in wind energy.

Glass fiber based composites will remain the largest fiber type segment due to the increasing use of glass fiber based composites, for its better mechanical properties, in construction, transportation, and electrical & electronics end use industries. Carbon fiber based composites segment is expected to witness the highest growth segment over the forecast period.

Suzlon, Kineco, Mahindra CEI Automotive, Tata AutoComp Systems, and Patil Rail Infrastructure are the major supplier in the Indian composites market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]

Lucintel Forecasts Sheet Molding Compound Market to Reach $4.8 billion by 2030

According to the recent study the sheet molding compound market is projected to reach an estimated $4.8 billion by 2030 from $3.8 billion in 2023, at a CAGR of 3.5% from 2023 to 2030. Growth in this market is primarily driven by increasing use of lightweight materials in transportation, and performance benefits, such as lower corrosion in construction and higher thermal resistance in E&E industries.

Browse 140 figures / charts and 97 tables in this 205 -page report to understand trends, opportunities and forecast in sheet molding compound market by end use (transportation, electrical and electronics, construction, and others), fiber type (glass fiber and carbon fiber), resin type (polyester, vinyl ester and others), density (low density, and mid and high density), and region (North America, Europe, Asia Pacific and the Rest of the World).

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Lucintel forecasts that in this market, transportation will remain the largest end use supported by growing automotive production and increasing focus on lightweight materials. Pickup truck boxes, deck lids, fenders, hoods, and bumpers are some of the major applications of SMC in the transportation industry. Construction is expected to witness the highest growth over the forecast period.

Glass fiber based SMC will remain the largest segment over the forecast period supported by its high performance characteristics and it is also expected to witness the highest growth over the forecast period.

Asia Pacific is expected to remain the largest market by value and volume. ROW is expected to witness the highest growth over the forecast period because of growing demand from construction and other end uses.

Teijin Limited, Polytec Group, IDI Composites International, Polynt Group, Lorenz, Menzolit GmbH, Ningbo HAMC Group, Core Molding Technologies, Changzhou Jiang's Composite Materials Technology Co., Ltd., LyondellBasellare the major suppliers in the sheet molding compound market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]

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