In 2021, the global market volume of polymer composite materials was estimated at over 12 million metric tons, up from some 8.5 million tons in 2010. Furthermore, the market volume is forecast to reach around 15.5 million metric tons by 2026. During the period in consideration, the composite materials market volume experienced its largest growth in China, rising from 1.7 million tons in 2010 to 3.6 million tons in 2021, and with an expected volume of 4.6 million tons by 2026.
Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by region
(in million metric tons)
* Estimated figure.
** Forecast figures based on a CAGR between 2021 and 2026 of seven percent for Middle East and Africa, five percent for Europe and North America, and four percent for South America and Other Asia.
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JEC Group. (February 24, 2022). Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by region (in million metric tons) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1344083/global-market-volume-of-polymer-composite-materials-by-region/
JEC Group. "Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by region (in million metric tons)." Chart. February 24, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1344083/global-market-volume-of-polymer-composite-materials-by-region/
JEC Group. (2022). Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by region (in million metric tons). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1344083/global-market-volume-of-polymer-composite-materials-by-region/
JEC Group. "Market Volume of Polymer Composite Materials Worldwide from 2010 to 2021, with a Forecast until 2026, by Region (in Million Metric Tons)." Statista, Statista Inc., 24 Feb 2022, https://www.statista.com/statistics/1344083/global-market-volume-of-polymer-composite-materials-by-region/
JEC Group, Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by region (in million metric tons) Statista, https://www.statista.com/statistics/1344083/global-market-volume-of-polymer-composite-materials-by-region/ (last visited August 24, 2024)
Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by region (in million metric tons) [Graph], JEC Group, February 24, 2022. [Online]. Available: https://www.statista.com/statistics/1344083/global-market-volume-of-polymer-composite-materials-by-region/
