Press release
Europe Composites Market Analysis, Segments, Size, Share, Growth 2028
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Rising Demand for Glass-Fiber Composites Fuels Growth in the Europe Composites Market
Glass fibers are fine strands of silica-based glass, extruded into small-diameter fibers and available in various compositions such as A-glass, C-glass, D-glass, AR-glass, S-glass, and E-glass. These fibers, when embedded in a resin matrix and chemically bonded with silane coupling agents, form glass fiber-reinforced composites.
The growing adoption of glass fibers across industries such as wind energy, construction, sporting goods, and marine applications is driving the expansion of the Europe composites market. In construction, the use of advanced technological processes has increased the demand for construction composites. Meanwhile, in the marine industry, glass fiber composites are extensively used for large composite structures, including bearings, propellers, hatch covers, exhaust systems, and topside structures.
Their unique properties-lightweight, high strength, design flexibility, ease of molding, low friction coefficient, and fatigue resistance-make glass fiber composites highly suitable for sports facilities, equipment, and goods, including tennis rackets, golf clubs, bicycles, skis, and fitness gear. The rising demand for these materials across various sectors is significantly contributing to the growth of the Europe Composites Market.
Europe Composites Market Segments Covered
Europe Composites Market By Fiber Type
Carbon Fiber Composites
Glass Fiber Composites
Europe Composites Market By Resin Type
Thermoset
Thermoplastic
Europe Composites Market By End Use Industry
Automotive
Aerospace and Defense
Wind
Construction
Marine
Sporting Goods
Europe Composites Market Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Europe Composites Market leaders and key company profiles
DuPont de Nemours Inc
Gurit Holding AG
Hexion Inc
Mitsubishi Chemical Holdings Corp
Nippon Electric Glass Co Ltd
Owens Corning
SGL Carbon SE
Solvay SA
Teijin Ltd
Toray Industries Inc
Overview of the Europe Composites Market
The European construction sector is expanding due to population growth and evolving remodeling trends, including accessibility modifications, customizations, and technological integrations. Increased investments from both governments and private entities in infrastructure projects are further fueling the growth of the composites market.
According to the European Construction Industry Federation, the European Union (EU) invested $1.4 trillion in the construction industry in 2020, with a 4.2% increase in investments in 2021. Germany, France, the UK, Italy, and Spain accounted for over 70% of the EU's total investments in construction projects, with the residential sector making up 51% of this investment.
Additionally, Eurostat reports that wind energy contributed 37% of the total renewable energy generated in the EU in 2021. In response, composite manufacturers are focusing on research and development to enhance material efficiency for the wind energy sector, particularly for high-strength rotor blades and durable wind turbine components.
Strategic Insights into the Europe Composites Market
Gaining strategic insights into the European composites market involves data-driven analysis of industry trends, key players, and regional dynamics. These insights help businesses identify growth opportunities, develop unique value propositions, and stay ahead of market shifts.
By leveraging analytics, industry stakeholders-including investors, manufacturers, and suppliers-can anticipate changes in demand, explore untapped market segments, and align their strategies for long-term success. A future-oriented approach is crucial in navigating the evolving landscape of the European composites industry, ensuring profitability and sustainable growth.
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