| Product Code: ETC5707821 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Burkina Faso`s composites import market witnessed a surge in concentration levels in 2024, with the top exporting countries being India, USA, Germany, Ghana, and China. The Herfindahl-Hirschman Index (HHI) indicated very high concentration, reflecting intense competition among these key players. The impressive Compound Annual Growth Rate (CAGR) of 69.98% from 2020 to 2024 and a notable growth rate of 72.5% from 2023 to 2024 suggest a robust expansion in the composites import sector of Burkina Faso, driven by strong demand and strategic partnerships with leading global suppliers.

The overall composites market in Burkina Faso includes a wide range of composite materials used in various industries, such as construction, automotive, aerospace, and manufacturing. The market is driven by the increasing demand for high-performance materials that offer benefits like reduced weight, increased strength, and durability. Challenges include high production and material costs, limited local manufacturing capabilities, and a lack of awareness about the advantages of composites. Additionally, the market is affected by the underdeveloped infrastructure for research and development in the country.
The composites market in Burkina Faso is driven by the increasing demand for lightweight, high-strength materials across various industries, including construction, automotive, aerospace, and energy. The growth of infrastructure development, industrial activities, and technological advancements in composite materials contribute to market expansion. The benefits of composites, such as improved performance, durability, and efficiency, are fueling their adoption in a wide range of applications.
The overall Composites market in Burkina Faso is challenged by high production and material costs, limited local manufacturing capabilities, and a lack of technical expertise. The market also struggles with limited research and development facilities, which affects innovation and adaptation of composite materials. Economic instability, logistical issues, and reliance on imports further constrain the market`s growth potential.
The overall composites market in Burkina Faso is shaped by government policies that encourage industrial growth and technological innovation. The government has been implementing strategies to boost various sectors, including construction, manufacturing, and transportation, which drive the demand for composite materials. Policies that support research and development, as well as local manufacturing of composites, help in expanding the market. Additionally, regulations that promote the use of sustainable and high-performance materials contribute to the growth of the composites market.
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 Burkina Faso Composites Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Composites Market - Industry Life Cycle |
3.4 Burkina Faso Composites Market - Porter's Five Forces |
3.5 Burkina Faso Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Burkina Faso Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Burkina Faso Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 Burkina Faso Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Burkina Faso Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in various industries |
4.2.2 Growing construction and infrastructure development projects in Burkina Faso |
4.2.3 Rising focus on renewable energy sources and the need for composites in wind energy applications |
4.3 Market Restraints |
4.3.1 Limited awareness and knowledge about composites and their applications in Burkina Faso |
4.3.2 High initial investment and production costs associated with composites |
4.3.3 Lack of skilled workforce for manufacturing and handling composites |
5 Burkina Faso Composites Market Trends |
6 Burkina Faso Composites Market Segmentations |
6.1 Burkina Faso Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.1.3 Burkina Faso Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.4 Burkina Faso Composites Market Revenues & Volume, By Natural Fiber Composites, 2021-2031F |
6.2 Burkina Faso Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Composites Market Revenues & Volume, By Thermoset Composites, 2021-2031F |
6.2.3 Burkina Faso Composites Market Revenues & Volume, By Thermoplastic Composites, 2021-2031F |
6.3 Burkina Faso Composites Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Burkina Faso Composites Market Revenues & Volume, By Aerospace & defense, 2021-2031F |
6.3.3 Burkina Faso Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.4 Burkina Faso Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Burkina Faso Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.6 Burkina Faso Composites Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 Burkina Faso Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.3.8 Burkina Faso Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Burkina Faso Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Burkina Faso Composites Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Burkina Faso Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.4.3 Burkina Faso Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.4.4 Burkina Faso Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.4.5 Burkina Faso Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.4.6 Burkina Faso Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.7 Burkina Faso Composites Market Revenues & Volume, By RTM, 2021-2031F |
7 Burkina Faso Composites Market Import-Export Trade Statistics |
7.1 Burkina Faso Composites Market Export to Major Countries |
7.2 Burkina Faso Composites Market Imports from Major Countries |
8 Burkina Faso Composites Market Key Performance Indicators |
8.1 Percentage increase in the number of composites manufacturing facilities in Burkina Faso |
8.2 Adoption rate of composites in key industries such as automotive, aerospace, and construction |
8.3 Number of research and development partnerships established for composites innovation and technology advancement |
9 Burkina Faso Composites Market - Opportunity Assessment |
9.1 Burkina Faso Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Burkina Faso Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Burkina Faso Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 Burkina Faso Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Burkina Faso Composites Market - Competitive Landscape |
10.1 Burkina Faso Composites Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |