Textile Composites Market Share Projections: CAGR of 6.6% Envisions Market Size of USD 9.23 billion by 2030

Exactitude Consultancy has published a new research report on "Textile Composites Market Size 2024". The report explores comprehensive and perceptive Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development prestige.

The global textile composites market is expected to grow at 6.6% CAGR from 2024 to 2030. It is expected to reach above USD 9.23 billion by 2030 from USD 5.9 billion in 2023. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market".

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Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major vendors in the Global Textile Composites Market include Owens Corning, Hexcel Corp., Saertex GmbH & Co. KG, BGF Industries Inc., Chomarat Industries, Sigmatex Ltd., Toray Industries, China Jushi Co. Ltd., DowDuPont, Teijin Limited, Composite Fabrics of America and Hyosung Corp. and others…

Market Segmentation 2024 to 2032

Textile Composites Market By Fiber Type, 2020-2030, (USD Billion) (Kilotons)

Carbon

Glass

Aramid

Others

Textile Composites Market By Textile Type, 2020-2030, (USD Billion) (Kilotons)

Woven

Non-Woven

Textile Composites Market By Application, 2020-2030, (USD Billion) (Kilotons)

Electrical & Electronics

Aerospace & Defense

Wind Energy

Sporting Goods

Marine

Construction

Others

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

• North America (United States, Mexico & Canada)

• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).