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    US Advanced Composites Market

    ID: MRFR/CnM/11418-CR
    100 Pages
    Garvit Vyas
    December 2023

    US Advanced Composites Market Research Report Information by Resin Type {Advanced Thermosetting Resin (Epoxy, Acrylic, Phenolic, Polyurethane, Vinyl Ester, and Others), Advanced Thermoplastic Resin [Polyphenylene Sulfide (PPS), Polyetherimide (PEI), Polyetheretherketone (PEEK)], and Others}, Fiber Type (Carbon Fiber Composites, Aramid Fiber Composites, S-Glass Composites), Application (Aerospace & Defense, Wind Energy, Automotive, Sports Equipment, Consumer Goods, Construction, Medical), and Region - Market Forecast till 2035

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    US Advanced Composites Market Infographic
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    US Advanced Composites Market Summary

    The US Advanced Composites market is projected to grow significantly from 30.5 USD Billion in 2024 to 60.2 USD Billion by 2035.

    Key Market Trends & Highlights

    US Advanced Composites Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 6.38 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 60.2 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 30.5 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced materials due to increased demand for lightweight and high-strength components is a major market driver.

    Market Size & Forecast

    2024 Market Size 30.5 (USD Billion)
    2035 Market Size 60.2 (USD Billion)
    CAGR (2025 - 2035) 6.38%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Key Companies in the US Advanced Composites Market market include

    Report Scope

    Report Attribute/Metric Details
    Market Size 2021 6,841.5 Thousand Tons
    Market Size 2022 7,318.9 Thousand Tons
    Market Size 2030 13,297.8 Thousand Tons
    Compound Annual Growth Rate (CAGR) 6.26% (2022-2030)
    Base Year 2021
    Forecast Period 2022-2030
    Historical Data 2019 & 2020
    Forecast Units Volume (Thousand Tons)
    Report Coverage Volume Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Resin Type, Fiber Type, Product Type, Application, and Region
    Geographies Covered North America, Europe, Asia Pacific, Middle East, Latin America, and Africa
    Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, and Others
    Key Companies Profiled BASF, DowDuPont, Lanxess, SABIC, DSM, Celanese, PolyOne, Solvay, Toray, Teijin Limited, Mitsubishi Chemical, Arkema, SGL Carbon, Hexcel, and RTP Company
    Key Market Opportunities Widening Scope of Application in the Healthcare Sector
    Key Market Dynamics Growing Focus on Lightweight in Automotive Industry Growth Adoption in Aerospace Industry
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    Case Study
    Chemicals and Materials