Lucintel's latest market report analyzed that UK composites provides attractive opportunities in aerospace and defense, transportation, wind energy, and construction end use. The UK composites market is expected to reach $1.3 billion by 2027 with a CAGR of 9.3%. In this market, wind energy is the largest segment by end use application, whereas glass composite is largest by fiber type. Growing partnership and acquisitions leads to grow UK composites market, and increasing investment in R&D projects across supply chain of UK composites industry provides strategic growth path in this market.
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Based on end use application, the UK composites market is segmented into aerospace and defense, transportation, wind energy, construction, and others. The wind energy segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing potential demand for bigger, stronger, more durable composite turbine blades.
Browse in-depth TOC on “UK Composites Market”
101 – Tables
127 – Figures
241 – Pages
The UK Composites Market is marked by the presence of several big and small players. Some of the prominent players offering UK composites include GKN Aerospace, BAE Systems, Hexcel, Bombardien, NP Aerospace, Princess, Sunseeker, Exel Composites, and MHI Vestas Offshore Wind.
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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 click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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