Marine Composites Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2023

The marine market is the most deeply penetrated of all end markets served by the composites industry. Yachts, sailboats and other boats use lots of marine composites. For decades, composites have been the material of choice for marine manufacturers to build beautiful and innovative boats, ships, pipes and personal watercraft.

In our report, major marine composite products include glass fiber composites, polymer fiber materials and carbon fiber composites. In this industry, major industry participants are engaged in widening their product portfolio and developing superior quality marine composites to attain sustainability and gain market share.

LPI (LP Information)' newest research report, the "Marine Composites Industry Forecast" looks at past sales and reviews total world Marine Composites sales in 2022, providing a comprehensive analysis by region and market sector of projected Marine Composites sales for 2023 through 2029. With Marine Composites sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Composites industry.

This Insight Report provides a comprehensive analysis of the global Marine Composites landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Composites portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Marine Composites market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Composites and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Composites.

The global Marine Composites market size is projected to grow from US$ 1368.6 million in 2022 to US$ 1896.6 million in 2029; it is expected to grow at a CAGR of 1896.6 from 2023 to 2029.

Global Marine Composites key players include Gurit, Owens Corning, Johns Manville, 3A Composites, etc. Global top four manufacturers hold a share over 20%.

USA is the largest market, with a share over 45%, followed by Europe, and APAC, both have a share over 40 percent.
In terms of product, Glass Fiber Reinforced Plastics (GFRPs) is the largest segment, with a share over 80%. And in terms of application, the largest application is Powerboats, followed by Sailboats, Cruise liner, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Composites market by product type, application, key manufacturers and key regions and countries.

Key Questions Addressed in this Report
What is the 10-year outlook for the global Marine Composites market?
What factors are driving Marine Composites market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Marine Composites market opportunities vary by end market size?
How does Marine Composites break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/454672/marine-composites-2029

Strategic Points Covered in TOC:
Chapter 1: Scope of Marine Composites, Research Methodology, etc.
Chapter 2: Executive Summary, global Marine Composites market size (sales and revenue) and CAGR, Marine Composites market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: Marine Composites sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global Marine Composites sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Marine Composites market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of Marine Composites.
Chapter 14: Research Findings and Conclusion

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