- Epoxy composites are the type of advance level of composite material that are lighter in weight and oppose corrosion and are also flexible in nature and dent-resistant. It is generally produced from a woven glass fabric and non-woven glass core which are a mixture of epoxy synthetic resin.
- The rise in the application of epoxy composite in the wind energy industry is further estimated to cushion the growth of the epoxy composites market.
- China is expected to dominate the Asia-Pacific Epoxy Composites Market due to its large manufacturing base, rapid infrastructure development, and leadership in wind energy and automotive production. In 2024, China accounted for approximately 60% of the regional market share, leading regional growth.
- India is the fastest-growing country in the Asia-Pacific epoxy composites market, projected to grow at a CAGR of 7.1%. This growth is driven by rapid industrialization, infrastructure development, and increasing demand in automotive and construction sectors.
- In 2024, Glass fiber dominates the epoxy composites market accounted for over 55% of the market share globally due to its low cost, excellent mechanical strength, and widespread use in automotive, construction, and marine applications.
