| Product Code: ETC5753567 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Advanced composites are materials that offer superior strength-to-weight ratios, making them ideal for use in aerospace, automotive, and construction applications. In Bhutan, the advanced composites market is gradually developing as industries recognize the benefits of these materials for reducing weight and improving performance. Government initiatives to foster industrial innovation and sustainability may stimulate the adoption of advanced composites in various sectors.
The advanced composites market in Bhutan is driven by the growing demand for lightweight and high-strength materials in various industries, including aerospace, automotive, and construction. Advanced composites, such as carbon fiber and glass fiber composites, are favored for their superior mechanical properties and resistance to corrosion. The increasing focus on fuel efficiency and emission reduction in the automotive sector is driving the adoption of advanced composites. Additionally, the aerospace industry in Bhutan is witnessing growth, with the demand for lightweight and durable materials for aircraft manufacturing contributing to market expansion.
The advanced composites market in Bhutan struggles with challenges such as the high cost of raw materials and manufacturing processes. Limited local expertise and technology for producing advanced composites further hinder market development. Additionally, the small scale of industrial applications within the country reduces the demand for these high-performance materials.
The advanced composites market in Bhutan is driven by demand from the construction, automotive, and aerospace industries. Government policies promoting sustainable and high-performance materials in construction and manufacturing support the market`s growth. Initiatives to develop infrastructure and modernize transportation systems also boost demand for advanced composites. Challenges include high production costs and limited local expertise in composite manufacturing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan Advanced Composites Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Advanced Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Advanced Composites Market - Industry Life Cycle |
3.4 Bhutan Advanced Composites Market - Porter's Five Forces |
3.5 Bhutan Advanced Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Bhutan Advanced Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Bhutan Advanced Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Bhutan Advanced Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Bhutan Advanced Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in industries such as aerospace, automotive, and construction. |
4.2.2 Increasing focus on sustainable and eco-friendly materials in Bhutan. |
4.2.3 Government initiatives and investments in promoting advanced composites technology. |
4.3 Market Restraints |
4.3.1 High initial costs associated with advanced composites production and implementation. |
4.3.2 Lack of skilled labor and expertise in advanced composites manufacturing in Bhutan. |
4.3.3 Limited availability of raw materials for producing advanced composites locally. |
5 Bhutan Advanced Composites Market Trends |
6 Bhutan Advanced Composites Market Segmentations |
6.1 Bhutan Advanced Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Advanced Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.3 Bhutan Advanced Composites Market Revenues & Volume, By Aramid Fiber Composites, 2021-2031F |
6.1.4 Bhutan Advanced Composites Market Revenues & Volume, By S-Glass Fiber Composites, 2021-2031F |
6.1.5 Bhutan Advanced Composites Market Revenues & Volume, By Other Fiber Composites, 2021-2031F |
6.2 Bhutan Advanced Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Advanced Composites Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.2.3 Bhutan Advanced Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3 Bhutan Advanced Composites Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Advanced Composites Market Revenues & Volume, By Hand layup/ Spray Layup, 2021-2031F |
6.3.3 Bhutan Advanced Composites Market Revenues & Volume, By AFP/ATL, 2021-2031F |
6.3.4 Bhutan Advanced Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.3.5 Bhutan Advanced Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.3.6 Bhutan Advanced Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.3.7 Bhutan Advanced Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.3.8 Bhutan Advanced Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Bhutan Advanced Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Bhutan Advanced Composites Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Bhutan Advanced Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.4.3 Bhutan Advanced Composites Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.4 Bhutan Advanced Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.4.5 Bhutan Advanced Composites Market Revenues & Volume, By Sporting Goods, 2021-2031F |
6.4.6 Bhutan Advanced Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.4.7 Bhutan Advanced Composites Market Revenues & Volume, By Civil Engineering, 2021-2031F |
6.4.8 Bhutan Advanced Composites Market Revenues & Volume, By Medical, 2021-2031F |
6.4.9 Bhutan Advanced Composites Market Revenues & Volume, By Medical, 2021-2031F |
7 Bhutan Advanced Composites Market Import-Export Trade Statistics |
7.1 Bhutan Advanced Composites Market Export to Major Countries |
7.2 Bhutan Advanced Composites Market Imports from Major Countries |
8 Bhutan Advanced Composites Market Key Performance Indicators |
8.1 Research and development expenditure in advanced composites technology. |
8.2 Number of partnerships and collaborations with international advanced composites manufacturers. |
8.3 Percentage of waste reduction achieved through the use of advanced composites in Bhutanese industries. |
9 Bhutan Advanced Composites Market - Opportunity Assessment |
9.1 Bhutan Advanced Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Bhutan Advanced Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Bhutan Advanced Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Bhutan Advanced Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Bhutan Advanced Composites Market - Competitive Landscape |
10.1 Bhutan Advanced Composites Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Advanced Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |