The European market for fiber-reinforced plastics / composites 2022
Market developments, trends, challenges and outlook
For 2022, the European production volume is expected to decline across all materials by
6 % in total. In contrast, the global market for composites increased from 12.1 million tons to 12.7 million tons last year. Growth was therefore around 5 %. Market momentum in Europe was therefore significantly lower than in the global market. Overall, Europe’s share of the global market is around 22%.
You can find the full market report here.