Lucintel Forecasts the Global Compression Molding Process for the Composite Market is expected to grow with a CAGR of 3.4% from 2024 to 2030
Lucintel Forecasts the Global Compression Molding Process for the Composite Market is expected to grow with a CAGR of 3.4% from 2024 to 2030
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According to a market report by Lucintel, the future of the global compression molding process for the composite market looks promising with opportunities in the transportation, construction, electrical and electronic, and consumer good markets. The global compression molding process for the composite market is expected to grow with a CAGR of 3.4% from 2024 to 2030. The major drivers for this market are increasing demand for lightweight and durable materials in automotive and aerospace industries, growing adoption of composite materials for energy efficiency and sustainability, and advancements in technology enhancing efficiency and reducing production costs.
A more than 150-page report to understand trends, opportunity and forecast in compression molding process for the composite market to 2030 by fiber type (glass fiber, carbon fiber, and aramid fiber), resin type (polyester, epoxy, vinyl ester, phenolic, and thermoplastic), application (transportation, construction, electrical & electronics, consumer goods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the fiber type category, glass fiber is expected to witness the highest growth over the forecast period.
Within the application category, transportation is expected to witness the highest growth.
Download sample by clicking on compression molding process for the composite market
In terms of regions, APAC is expected to witness highest growth over the forecast period.
Owens Corning, Jushi Group, Nippon Electric Glass, CPIC, Toray Industries, Hexcel Composites, Mitsubishi Rayon are the major suppliers in the compression molding process for the composite 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] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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