Global $26 Billion Thermoplastic Composites Market Outlook, 2030: Asia-Pacific Presents the Most Lucrative Opportunities [Yahoo! Finance]
TORAY INDUS INC UNSP/ADR (TRYIY)
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Source: Yahoo! Finance
The global thermoplastic composites market is expected to reach an estimated $26 billion by 2030 with a CAGR of 4% 2023 to 2030. The major drivers for this market are growing demand for lightweight and environmentally sustainable materials, and the replacement of metals with composites in different end use industries. The future of the market looks promising with opportunities in the transportation, consumer goods, industrial, and construction market. This study includes a forecast for the global thermoplastic composites market by end use, material type, resin, reinforcement, and region. Market Report Features Market Size Estimates: Thermoplastic composites market size estimation in terms of value ($M) and Volume (kilotons) Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions. Segmentation Analysis: Market size by end use, material type, resin, reinforcement and region Regional Analysis: Thermoplastic composites
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