The volume of the composite materials market construction segment was estimated at some 3.3 million metric tons in 2021, an increase of 50 percent in comparison to 2010. By 2026, the sector's market volume is forecast to reach 3.8 million tons. Meanwhile, the consumer goods segment experienced an increase of roughly 67 percent between 2010 and 2021, with an expected market volume of 1.2 million metric tons by 2026.
Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by application sector
(in million metric tons)
* Estimated figure.
** Forecast figures based on a CAGR between 2021 and 2026 of three percent for the construction sector; four percent for the marine, consumer goods, and other sectors; five percent for the electrical and electronics sector; six percent for the energy sector; and seven percent for the transportation sector.
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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 application sector (in million metric tons) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1344126/global-market-volume-of-polymer-composite-materials-by-application/
JEC Group. "Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by application sector (in million metric tons)." Chart. February 24, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1344126/global-market-volume-of-polymer-composite-materials-by-application/
JEC Group. (2022). Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by application sector (in million metric tons). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1344126/global-market-volume-of-polymer-composite-materials-by-application/
JEC Group. "Market Volume of Polymer Composite Materials Worldwide from 2010 to 2021, with a Forecast until 2026, by Application Sector (in Million Metric Tons)." Statista, Statista Inc., 24 Feb 2022, https://www.statista.com/statistics/1344126/global-market-volume-of-polymer-composite-materials-by-application/
JEC Group, Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by application sector (in million metric tons) Statista, https://www.statista.com/statistics/1344126/global-market-volume-of-polymer-composite-materials-by-application/ (last visited November 22, 2024)
Market volume of polymer composite materials worldwide from 2010 to 2021, with a forecast until 2026, by application sector (in million metric tons) [Graph], JEC Group, February 24, 2022. [Online]. Available: https://www.statista.com/statistics/1344126/global-market-volume-of-polymer-composite-materials-by-application/
