Materials 02/2025
The composites market in Europe continued its downward trend for the third year in a row. The decline in absolute market volume in Europe was coupled with a growing global market. There was already a significant decline of 9% in the European production volume in 2022. Another decline of 8% in the overall market for composites in Europe was recorded for 2023. In 2024, the market will fall by 5.6% to a total volume of 2.416 million tons. Glass fiber-reinforced systems still account for over 95% of the overall market. Other material systems, such as CFRP (carbon fiber-reinforced plastics) or NFRP (natural fiber-reinforced plastics), however, remain specialties, with CFRP in particular continuing to develop positively in corresponding application segments.
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