Global Transportation Composites and Plastics market cagr 13.6%

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Transportation

Composites and Plastics Market

Transportation Composites and Plastics Market

Scope: Industry Analysis, Market Size, Growth,

Trends Till 2031

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Transportation Composites and Plastics Market Size and Growth

The Transportation Composites and Plastics market is experiencing robust growth, driven by increasing demand for lightweight materials and fuel efficiency. The global market size is projected to reach approximately $30 billion by 2025, with significant advancements in technology and sustainable practices enhancing product applications across automotive, aerospace, and rail industries. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ SGL Group

◍ Owens Corning

◍ Mitsubishi Chemical Holdings Corporation

◍ Royal DSM

◍ Toray Industries Inc.

◍ Jushi Group

◍ Hexcel Corporation

◍ Teijin Limited

◍ Solvay

◍ Gurit Holding AG

The Transportation Composites and Plastics Market features key players like SGL Group, Owens Corning, and Mitsubishi Chemical Holdings. These companies innovate in lightweight materials to enhance fuel efficiency and performance. Their advancements drive market growth by meeting rising sustainability demands. Sales revenues include:

- Owens Corning: $9.3 billion

- Toray Industries: $10 billion

- Solvay: $10.9 billion

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Market Segmentation

By Application

Railways

Waterways

Roadways

Others

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By Product

Thermoplastic

Thermoset

Market Growth

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$ X Billion USD

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Global Transportation Composites and Plastics market cagr 13.6% by ReportPrime - Issuu