According to a new market report published by Lucintel, the future of the global composites distributor market looks promising with opportunities in transportation, marine, wind energy, aerospace & defense, pipe & tank, automotive, marine, construction, electrical/electronics, and consumer goods. The composites distributor market is expected to reach $4.7 billion by 2026 with a CAGR of 4.9% from 2021 to 2026. The major drivers in this market are increasing demand for composites in North America and Asia Pacific region and presence of large number of medium and small composite part manufacturers.
Browse 63 market data tables and 74 figures spread through 142 pages and in-depth TOC on “Global Composites Distributor Market"
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In this market, polyester resin is expected to remain the largest material by value and volume and it is also expected to witness the highest growth during the forecast period due to increasing demand in construction and pipe & tank industry.
Within this market, construction will remain the largest end use industry due to growth in demand for light weight and non-corrosive materials in industrial, commercial, residential, and civil construction applications as well as presence of large number of composite part fabricators. Distributors generally serve small to medium size part fabricators as they buy small to mid-sized quantities for various applications.
Asia Pacific is expected to remain the largest region by value and volume and it is also expected to experience the highest growth over the forecast period because of growing composites market and presence of a large number of small part fabricators especially for pipe & tank, construction, and consumer goods end use industries
Emerging trends, which have a direct impact on the dynamics of the industry, include Composites distributor capturing market either through merger and acquisition or partnership. Some of the major composites distributor manufacturers profiled in this report include Composites One, North American Composites, Gazechim, Euroresins, Lintech International, FRP Services, IMCD Group B.V., Microtex Composites SRL, Sino Composites, Sumitomo Shoji Chemicals, Sojitz Corporation, and Soon Yang Chemicals .Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global composites distributor market by end use industry, raw material, intermediate, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Composites Distributor Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes the composites distributor market size and forecast for the composites distributor market through 2026, segmented by end use industry, raw material, intermediate, and region as follows:
By End Use Industry [$M shipment analysis for 2015 – 2026]:
Aerospace and Defense
Wind Energy
Automotive
Marine
Construction
Pipe and Tank
E&E
Consumer Goods
Others
By Raw Material [$M shipment analysis for 2015 – 2026]:
Roving (GF/CF)
Textile (GF/CF)
Polyester Resin
Vinyl Ester Resin
Epoxy Resin
Other Resins
By Intermediate [$M shipment analysis for 2015 – 2026]:
Prepreg
SMC (Sheet Molding Compound)
BMC (Bulk Molding Compound)
SFT (Short Fiber Thermoplastic)
LFT (Long Fiber Thermoplastic)
CFT (Carbon Fiber Thermoplastic)
GMT (Glass Mat Thermoplastic)
By Region [$M shipment analysis for 2015 – 2026]:
North America
Europe
Asia Pacific
The Rest of the World
This 142-page 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 click on this link https://www.lucintel.com/composites-distributor-market.aspx or helpdesk@lucintel.com.
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