Lucintel Forecasts the Global Composites Cable Tray Market to is expected to grow with a CAGR of 7.1% from 2024 to 2030
Lucintel Forecasts the Global Composites Cable Tray Market to is expected to grow with a CAGR of 7.1% from 2024 to 2030
Blog Article
According to a market report by Lucintel, the future of the global composites cable tray market looks promising with opportunities in the chemcial, oil and gas, power generation, and construction markets. The global composites cable tray market is expected to grow with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are increasing demand for efficient cable management solutions, growth in infrastructure development projects worldwide, and growing adoption of composites materials for lightweight and corrosion-resistant trays.
A more than 150-page report to understand trends, opportunity and forecast in composites cable tray market to 2030 by fiber type (glass fiber and carbon fiber), product type (ladder, channel cable, and others), end use (chemicals, oil & gas, power generation, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the fiber type category, glass fiber is expected to witness the highest growth over the forecast period.
Within the end use category, construction is expected to witness the highest growth.
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In terms of regions, APAC is expected to witness highest growth over the forecast period.
Owens Corning, Jushi Group, Nippon Electric Glass, CPIC, Toray Industries, Hexcel Compositess, Mitsubishi Rayon are the major suppliers in the composites cable tray market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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