UK Composites Market Report: Trends, Opportunities and Competitive Analysis [2024-2030]
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UK Composites Market Trends and Forecast
The future of the UK composites market looks promising with opportunities in aerospace and defense, transportation, wind energy, and construction end use. The UK Composites market is expected t%li%reach an estimated $735 million by 2030 with a CAGR of 3% from 2023 t%li%2030. The major drivers in this market are increasing demand for lightweight materials in the aerospace & defense, automotive, and wind energy industries; the UK composites market will als%li%see increased demand due t%li%the need for materials that offer corrosion and chemical resistance in the construction industry.
Emerging Trends in the UK Composites Market
Emerging trends, which have a direct impact on the dynamics of the UK composites industry, includes growing partnership and acquisitions leads t%li%grow UK composites market, and increasing investment in R&D projects across supply chain of UK composites industry.
A total of 127 figures / charts and 101 tables are provided in this 241-page report t%li%help in your business decisions. A sample figure with insights is shown below.
UK Composites Market by Segment
The study includes a forecast for the UK composites market by end use application, fiber type, resin type, and manufacturing process as follows:
UK Composites Market by End Use [Value ($M) andVolume (Million Pounds) Shipment Analysis for 2018 – 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies UK composites companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the UK composites companies profiled in this report includes.
Q1. What is the UK composites market size?
Answer:The UK composites market is expected t%li%reach an estimated $735 million by 2030.
Q2. What is the growth forecast for UK composites market?
Answer:The UK composites market is expected t%li%grow at a CAGR of 3% from 2023 t%li%2030.
Q3. What are the major drivers influencing the growth of the UK composites market?
Answer: The major drivers in this market are increasing demand for lightweight materials in the aerospace & defense, automotive, and wind energy industries; the UK composites market will als%li%see increased demand due t%li%the need for materials that offer corrosion and chemical resistance in the construction industry.
Q4. What are the major applications or end use industries for UK composites?
Answer: Others which includes pipe and tanks, electrical and electronics, marine and consumer goods is the major end use for global composites.
Q5. What are the emerging trends in UK composites market?
Answer:Emerging trends, which have a direct impact on the dynamics of the UK composites industry, includes growing partnership and acquisitions leads t%li%grow UK composites market, and increasing investment in R&D projects across supply chain of UK composites industry. GKN Aerospace, BAE System, Hexcel, Bombardier, and NP Aerospace are among the major glass fiber manufacturers
Q6. Wh%li%are the key UK composites companies?
Answer:Some of the key UK composites companies are as follows:
Answer: Lucintel forecast that glass composites will remain the largest segment over the forecast period due t%li%the increasing use of glass composites in various applications.
Q8. D%li%we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 10 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the UK composites market by end use application (aerospace and defense, transportation, wind energy, construction, and others), fiber type (glass composites, and carbon composites), resin type (polyester composites, epoxy composites, vinyl ester composites, PA composites, PP composites, and other), and manufacturing process (hand layup, spray up, resin infusion, pultrusion, injection molding, compression molding, prepreg layup, and others)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.4 What are the business risks and threats t%li%the market?
Q.5 What are the emerging trends in this market and the reasons behind them?
Q.6 What are the changing demands of customers in the market?
Q.7 What are the new developments in the market? Which companies are leading these developments?
Q.8 Wh%li%are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are some of the competitive products and processes in this area and how big of a threat d%li%they pose for loss of market share via material or product substitution?
Q.10 What M & A activities have taken place in the last 5 years in this market?
For any questions related t%li%UK composites market or related t%li%UK composite market size, UK composite market analysis, UK composite suppliers, UK composite manufacturers, UK composite raw material, UK composite cost, UK composite market trend and forecast, UK composite applications, write Lucintel analyst at email: [email protected] we will be glad t%li%get back t%li%you soon.
UK Composites Market Trends and Forecast
The future of the UK composites market looks promising with opportunities in aerospace and defense, transportation, wind energy, and construction end use. The UK Composites market is expected t%li%reach an estimated $735 million by 2030 with a CAGR of 3% from 2023 t%li%2030. The major drivers in this market are increasing demand for lightweight materials in the aerospace & defense, automotive, and wind energy industries; the UK composites market will als%li%see increased demand due t%li%the need for materials that offer corrosion and chemical resistance in the construction industry.
Emerging Trends in the UK Composites Market
Emerging trends, which have a direct impact on the dynamics of the UK composites industry, includes growing partnership and acquisitions leads t%li%grow UK composites market, and increasing investment in R&D projects across supply chain of UK composites industry.
A total of 127 figures / charts and 101 tables are provided in this 241-page report t%li%help in your business decisions. A sample figure with insights is shown below.
UK Composites Market by Segment
The study includes a forecast for the UK composites market by end use application, fiber type, resin type, and manufacturing process as follows:
UK Composites Market by End Use [Value ($M) andVolume (Million Pounds) Shipment Analysis for 2018 – 2030]:
- Aerospace and Defense
- Transportation
- Wind Energy
- Construction
- Others
- Glass Composites
- Carbon Composites
- Polyester Composites
- Epoxy Composites
- Vinyl Ester Composites
- PA Composites
- PP Composites
- Other Composites
- Hand Layup
- Spray Up
- Resin Infusion
- Pultrusion
- Injection Molding
- Compression Molding
- Prepreg Layup
- Others
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies UK composites companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the UK composites companies profiled in this report includes.
- GKN Aerospace
- BAE Systems
- Hexcel
- Bombardien
- NP Aerospace
- Princess
- Sunseeker
- Exel Composites
- MHI Vestas Offshore Wind
- Lucintel forecast that wind energy will remain the largest end use segment and is als%li%expected t%li%witness the highest growth over the forecast period due t%li%due t%li%increasing potential demand for bigger, stronger, more durable composite turbine blades.
- Glass composites will remain the largest segment over the forecast period due t%li%the increasing use of glass composites in various applications.
- Market Size Estimates:UK composites market size estimation in terms of value ($M) and volume (M lbs)
- Trend and Forecast Analysis:Market trends (2018-2023) and forecast (2024-2030) by various segments.
- Segmentation Analysis:Market size by end use, fiber type, resin type, and manufacturing process
- Growth Opportunities:Analysis of growth opportunities in different end use, fiber type, resin type, and manufacturing process for the UK composites market.
- Strategic Analysis:This includes M&A, new product development, and competitive landscape for the UK composites market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Q1. What is the UK composites market size?
Answer:The UK composites market is expected t%li%reach an estimated $735 million by 2030.
Q2. What is the growth forecast for UK composites market?
Answer:The UK composites market is expected t%li%grow at a CAGR of 3% from 2023 t%li%2030.
Q3. What are the major drivers influencing the growth of the UK composites market?
Answer: The major drivers in this market are increasing demand for lightweight materials in the aerospace & defense, automotive, and wind energy industries; the UK composites market will als%li%see increased demand due t%li%the need for materials that offer corrosion and chemical resistance in the construction industry.
Q4. What are the major applications or end use industries for UK composites?
Answer: Others which includes pipe and tanks, electrical and electronics, marine and consumer goods is the major end use for global composites.
Q5. What are the emerging trends in UK composites market?
Answer:Emerging trends, which have a direct impact on the dynamics of the UK composites industry, includes growing partnership and acquisitions leads t%li%grow UK composites market, and increasing investment in R&D projects across supply chain of UK composites industry. GKN Aerospace, BAE System, Hexcel, Bombardier, and NP Aerospace are among the major glass fiber manufacturers
Q6. Wh%li%are the key UK composites companies?
Answer:Some of the key UK composites companies are as follows:
- GKN Aerospace
- BAE Systems
- Hexel
- Bombardien
- NP Aerospace
- Princess.
- Sunseeker
- Exel Composites
- MHI Vestas Offshore Wind
Answer: Lucintel forecast that glass composites will remain the largest segment over the forecast period due t%li%the increasing use of glass composites in various applications.
Q8. D%li%we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 10 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the UK composites market by end use application (aerospace and defense, transportation, wind energy, construction, and others), fiber type (glass composites, and carbon composites), resin type (polyester composites, epoxy composites, vinyl ester composites, PA composites, PP composites, and other), and manufacturing process (hand layup, spray up, resin infusion, pultrusion, injection molding, compression molding, prepreg layup, and others)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.4 What are the business risks and threats t%li%the market?
Q.5 What are the emerging trends in this market and the reasons behind them?
Q.6 What are the changing demands of customers in the market?
Q.7 What are the new developments in the market? Which companies are leading these developments?
Q.8 Wh%li%are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are some of the competitive products and processes in this area and how big of a threat d%li%they pose for loss of market share via material or product substitution?
Q.10 What M & A activities have taken place in the last 5 years in this market?
For any questions related t%li%UK composites market or related t%li%UK composite market size, UK composite market analysis, UK composite suppliers, UK composite manufacturers, UK composite raw material, UK composite cost, UK composite market trend and forecast, UK composite applications, write Lucintel analyst at email: [email protected] we will be glad t%li%get back t%li%you soon.
1. EXECUTIVE SUMMARY
2. UK COMPOSITES MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1: Macroeconomic Trends and Forecasts
3.2: UK Composites Market Trends and Forecast
3.3 UK Composites Market by End Use
3.3.1: Aerospace and Defense
3.3.2: Transportation
3.3.3: Wind Energy
3.3.4: Construction
3.3.5: Others
3.4: UK Composites Market by Fiber Type
3.4.1: Glass Composites
3.4.2: Carbon Composites
3.5: UK Composites Market by Resin Type
3.4.1 Polyester Composites
3.4.2: Epoxy Composites
3.4.3: Vinyl Ester Composites
3.4.4: PA Composites
3.4.5: PP Composites
3.4.6: Others Composites
3.6: UK Composites Market by Manufacturing Process
4. COMPETITOR ANALYSIS
4.1: Product Portfolio Analysis
4.2: Operational Integration
4.3: Geographical Reach
4.4: Porter’s Five Forces Analysis
5. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities for the UK Composites Market by End Use
5.1.2: Growth Opportunities for the UK Composites Market by Fiber Type
5.1.3: Growth Opportunities for the UK Composites Market by Resin Type
5.1.4: Growth Opportunities for the UK Composites Market by Manufacturing Process
5.2: Emerging Trends in the UK Composites Market
5.3: Strategic Analysis
5.3.1: New Product Development
5.3.2: Mergers and Acquisitions and Joint Ventures
5.3.3: Capacity Expansion
5.3.4: Certification and Licensing
5.3.5: Technology Development
6. COMPANY PROFILES OF LEADING PLAYERS
6.1: GKN Aerospace
6.2: BAE Systems
6.3: Hexel
6.4: Bombardier
6.5: NP Aerospace
6.6: Princess
6.7: Sunseeker
6.8: Exel Composites
6.9: MHI Vestas Offshore Wind
2. UK COMPOSITES MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1: Macroeconomic Trends and Forecasts
3.2: UK Composites Market Trends and Forecast
3.3 UK Composites Market by End Use
3.3.1: Aerospace and Defense
3.3.2: Transportation
3.3.3: Wind Energy
3.3.4: Construction
3.3.5: Others
3.4: UK Composites Market by Fiber Type
3.4.1: Glass Composites
3.4.2: Carbon Composites
3.5: UK Composites Market by Resin Type
3.4.1 Polyester Composites
3.4.2: Epoxy Composites
3.4.3: Vinyl Ester Composites
3.4.4: PA Composites
3.4.5: PP Composites
3.4.6: Others Composites
3.6: UK Composites Market by Manufacturing Process
4. COMPETITOR ANALYSIS
4.1: Product Portfolio Analysis
4.2: Operational Integration
4.3: Geographical Reach
4.4: Porter’s Five Forces Analysis
5. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities for the UK Composites Market by End Use
5.1.2: Growth Opportunities for the UK Composites Market by Fiber Type
5.1.3: Growth Opportunities for the UK Composites Market by Resin Type
5.1.4: Growth Opportunities for the UK Composites Market by Manufacturing Process
5.2: Emerging Trends in the UK Composites Market
5.3: Strategic Analysis
5.3.1: New Product Development
5.3.2: Mergers and Acquisitions and Joint Ventures
5.3.3: Capacity Expansion
5.3.4: Certification and Licensing
5.3.5: Technology Development
6. COMPANY PROFILES OF LEADING PLAYERS
6.1: GKN Aerospace
6.2: BAE Systems
6.3: Hexel
6.4: Bombardier
6.5: NP Aerospace
6.6: Princess
6.7: Sunseeker
6.8: Exel Composites
6.9: MHI Vestas Offshore Wind
