What is the size of the Global Composites Beam Market?

Global Composites Beam Market was valued at USD 1.34 billion and is projected to reach a market size of USD 2.95 billion by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 11.92%.

What are the Global Composites Beam Market drivers?

Increasing demand for lightweight and durable materials in industries, growing awareness of the benefits of composite beams, and Government initiatives to promote the use of composite materials treatment are propelling the global composites beam industry.

What are the segments under the Global Composites Beam Market by application?

Based on application, the Global Composites Beam Market is segmented by Construction, Transportation, Aerospace, Industrial, and Other (e.g., medical devices, sporting goods).

Which is the most dominant region for the Global Composites Beam Market?

Asia-Pacific is the most dominant region for the Global Composites Beam Market.

Who are the leading players in the Global Composites Beam Market?

Pultruded Composites Inc., Toray Industries Inc., Ashland Inc., Owens Corning Corporation, Strongwell, PPG Industries Inc., and Gurit Holding AG are the key players operating in the Global Composites Beam Market