This statistic shows the estimated size of the composite materials market for the United Kingdom (UK) from 2015 to 2030, by industrial sector. The UK plans to grow its composites market to a value of twelve billion British pounds by 2030, though this would rely on all sectors meeting their highest forecasts. In these figures, the oil and gas sector will see the proportionally biggest increase in composite material usage, with more 35.5 times as many of these materials being used by 2030.
Composite materials market forecast for the United Kingdom (UK) from 2015 to 2030, by industrial sector
(in million GBP)
For each ot the forecasted figures, there is an upper and a lower estimate. In this statistic, the midpoint of these estimates is taken, for example the figure for composites used in the UK aerospace industry in 2020 is 1,100 million pounds, as the lower forecast is 1,040 million pounds and the upper forecast is 1,160 million pounds.
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Composites UK. (October 10, 2016). Composite materials market forecast for the United Kingdom (UK) from 2015 to 2030, by industrial sector (in million GBP) [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/624539/composite-market-industry-sector-uk/
Composites UK. "Composite materials market forecast for the United Kingdom (UK) from 2015 to 2030, by industrial sector (in million GBP)." Chart. October 10, 2016. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/624539/composite-market-industry-sector-uk/
Composites UK. (2016). Composite materials market forecast for the United Kingdom (UK) from 2015 to 2030, by industrial sector (in million GBP). Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/624539/composite-market-industry-sector-uk/
Composites UK. "Composite Materials Market Forecast for The United Kingdom (Uk) from 2015 to 2030, by Industrial Sector (in Million Gbp)." Statista, Statista Inc., 10 Oct 2016, https://www.statista.com/statistics/624539/composite-market-industry-sector-uk/
Composites UK, Composite materials market forecast for the United Kingdom (UK) from 2015 to 2030, by industrial sector (in million GBP) Statista, https://www.statista.com/statistics/624539/composite-market-industry-sector-uk/ (last visited December 12, 2024)
Composite materials market forecast for the United Kingdom (UK) from 2015 to 2030, by industrial sector (in million GBP) [Graph], Composites UK, October 10, 2016. [Online]. Available: https://www.statista.com/statistics/624539/composite-market-industry-sector-uk/
