Lucintel Forecasts the Global Spray Up Process in the Composites Market is expected to grow with a CAGR of 4.7% from 2024 to 2030
Lucintel Forecasts the Global Spray Up Process in the Composites Market is expected to grow with a CAGR of 4.7% from 2024 to 2030
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According to a market report by Lucintel, the future of the global spray up process in the composites market looks promising with opportunities in the pipe and tank, construction, electrical and electronic, and consumer good markets. The global spray up process in the composites market is expected to grow with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are growing adoption of compositess for their high strength-to-weight ratio, advancements in spray-up process technology enhancing production efficiency and quality, and continuous developments in spray-up equipment, such as spray guns, pumps, and material delivery systems.
A more than 150-page report to understand trends, opportunity and forecast in spray up process in the composites market to 2030 by fiber type (glass fiber, carbon fiber, and aramid fiber), resin type (polyester, epoxy, vinyl ester, phenolic, and thermoplastic), application (pipe & tank, 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, pipe and tank will remain the largest segment.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period.
Owens Corning, Jushi Group, Nippon Electric Glass, CPIC, Toray Industries, Hexcel Compositess, Mitsubishi Rayon are the major suppliers in the spray up process in the composites 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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