Europe Composites Market Opportunities, Statistics, Size, Share, Competitive Landscape with Forecast to 2028

 

The Europe Composites Market is expected to grow from US$ 18,760.27 million in 2022 to US$ 25,145.13 million by 2028. It is estimated to grow at a CAGR of 5.0% from 2022 to 2028.   

The geographic scope of the Europe Composites refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets.

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The List of Companies - Europe Composites Market

  1. DuPont de Nemours Inc
  2. Gurit Holding AG
  3. Hexion Inc
  4. Mitsubishi Chemical Holdings Corp
  5. Nippon Electric Glass Co Ltd
  6. Owens Corning
  7. SGL Carbon SE
  8. Solvay SA
  9. Teijin Ltd
  10. Toray Industries Inc

Expanding Applications of Glass Fiber Composites

Glass fibers are fine strands of silica-based glass, extruded into small-diameter fibers and available in various compositions such as A-glass, C-glass, D-glass, AR-glass, S-glass, and E-glass—each offering distinct properties and applications. These fibers are embedded within a resin matrix to create glass fiber-reinforced composites, where they are chemically bonded using silane coupling agents to enhance strength and durability.

The increasing adoption of glass fiber composites across key industries—including wind energy, construction, marine, and sporting goods—has significantly expanded their market potential. In the construction sector, technological advancements are driving demand for lightweight and high-strength composites. Similarly, the marine industry relies on these composites for manufacturing large structural components, such as bearings, propellers, hatch covers, exhaust systems, and topside structures.

Additionally, glass fiber composites are widely used in sports and recreational equipment due to their lightweight nature, high strength, low friction coefficient, fatigue resistance, and ease of molding. These properties make them ideal for tennis rackets, golf clubs, bicycles, skis, and fitness equipment. As their adoption continues to grow across industries, glass fiber composites remain a key driver of the Europe composites market.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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