PUBLISHER: Lucintel | PRODUCT CODE: 851260
PUBLISHER: Lucintel | PRODUCT CODE: 851260
UK Composites Market Trends and Forecast
The future of the UK composites market looks promising with opportunities in aerospace and defense, transportation, wind energy, and construction end use. The UK composites market is expected to reach an estimated $1.3 billion by 2027 with a CAGR of 9.3% from 2021 to 2027. The major drivers in this market are increasing demand for lightweight materials in the aerospace & defense, automotive, and wind energy industries; the UK composites market will also see increased demand due to the need for materials that offer corrosion and chemical resistance in the construction industry.
Emerging Trends in the UK Composites Market
Emerging trends, which have a direct impact on the dynamics of the UK composites industry, includes growing partnership and acquisitions leads to grow UK composites market, and increasing investment in R&D projects across supply chain of UK composites industry.
A total of 127 figures / charts and 101 tables are provided in this 241-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the UK composites market report.
UK Composites Market by Segment
UK Composites Market by End Use [Value ($M) and Volume (Million Pounds) shipment analysis for 2016 - 2027]:
UK Composites Market by Fiber Type [Value ($M) and Volume (Million Pounds) shipment analysis for 2016 - 2027]:
UK Composites Market by Resin Type [Value ($M) and Volume (Million Pounds) shipment analysis for 2016 - 2027]:
UK Composites Market by Manufacturing Process [Value ($M) and Volume (Million Pounds) shipment analysis for 2016 - 2027]:
List of UK Composites Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies UK composites companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the UK composites companies profiled in this report includes.
UK Composites Market Insight
Features of UK composites Market
FAQ
Q1. What is the UK composites market size?
Answer: The UK composites market is expected to reach an estimated $1.3 billion by 2027
Q2. What is the growth forecast for UK composites market?
Answer: The UK composites market is expected to grow at a CAGR of 9.3% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the UK composites market?
Answer: The major drivers in this market are 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.
Q4. What are the major applications or end use industries for UK composites?
Answer: Wind Energy and other applications are the major applications UK composites.
Q5. What are the emerging trends in UK composites market?
Answer: Emerging trends, which have a direct impact on the dynamics of the UK composites industry, includes growing partnership and acquisitions leads to grow UK composites market, and increasing investment in R&D projects across supply chain of UK composites industry. GKN Aerospace, BAE System, Hexcel, Bombardier, and NP Aerospace are among the major glass fiber manufacturers
Q6. Who are the key UK composites companies?
Answer: Some of the key UK composites companies are as follows:
Q7. Which UK composites material segment will be the largest in future?
Answer: Lucintel forecast that glass composites will remain the largest segment over the forecast period due to the increasing use of glass composites in various applications.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.