Product Code: ETC5753596 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The advanced composites market in Finland is rapidly expanding due to the increasing demand from aerospace, automotive, and construction industries. Advanced composites are known for their lightweight, strength, and durability, making them ideal for use in high-performance applications. Finlands strong industrial base, including its focus on sustainable materials and innovations, is contributing to the growth of this market.
The Advanced Composites Market in Finland is being driven by industries such as aerospace, automotive, and wind energy, which require lightweight, high-strength materials. The demand for advanced composites like carbon fiber and glass fiber is rising due to their ability to reduce weight, improve fuel efficiency, and offer superior mechanical properties. Sustainability concerns and increasing energy efficiency in manufacturing processes also contribute to the growing adoption of these materials.
In Finland, the advanced composites market encounters challenges such as high production costs and the complex manufacturing processes involved in producing these materials. While advanced composites are used in various industries, including aerospace, automotive, and defense, the lack of widespread understanding of the material`s benefits limits its adoption, particularly among smaller enterprises. There is also the challenge of developing cost-effective recycling processes for composite materials, as sustainability concerns grow among both businesses and consumers.
In Finland, the advanced composites market is driven by both environmental and technological policies aimed at reducing the carbon footprint of industries like automotive, aerospace, and construction. The government promotes the use of high-performance, lightweight materials to improve energy efficiency and reduce emissions in various sectors. Policies related to sustainability and green energy contribute to the demand for advanced composite materials, as they are integral to making industries more efficient and eco-friendly. Public-private partnerships and R&D funding also help foster innovation in the composite materials sector.
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 Finland Advanced Composites Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Advanced Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Advanced Composites Market - Industry Life Cycle |
3.4 Finland Advanced Composites Market - Porter's Five Forces |
3.5 Finland Advanced Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Finland Advanced Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Finland Advanced Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Finland Advanced Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Finland Advanced Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Finland Advanced Composites Market Trends |
6 Finland Advanced Composites Market Segmentations |
6.1 Finland Advanced Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Finland Advanced Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.3 Finland Advanced Composites Market Revenues & Volume, By Aramid Fiber Composites, 2021-2031F |
6.1.4 Finland Advanced Composites Market Revenues & Volume, By S-Glass Fiber Composites, 2021-2031F |
6.1.5 Finland Advanced Composites Market Revenues & Volume, By Other Fiber Composites, 2021-2031F |
6.2 Finland Advanced Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Finland Advanced Composites Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.2.3 Finland Advanced Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3 Finland Advanced Composites Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Finland Advanced Composites Market Revenues & Volume, By Hand layup/ Spray Layup, 2021-2031F |
6.3.3 Finland Advanced Composites Market Revenues & Volume, By AFP/ATL, 2021-2031F |
6.3.4 Finland Advanced Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.3.5 Finland Advanced Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.3.6 Finland Advanced Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.3.7 Finland Advanced Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.3.8 Finland Advanced Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Finland Advanced Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Finland Advanced Composites Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Finland Advanced Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.4.3 Finland Advanced Composites Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.4 Finland Advanced Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.4.5 Finland Advanced Composites Market Revenues & Volume, By Sporting Goods, 2021-2031F |
6.4.6 Finland Advanced Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.4.7 Finland Advanced Composites Market Revenues & Volume, By Civil Engineering, 2021-2031F |
6.4.8 Finland Advanced Composites Market Revenues & Volume, By Medical, 2021-2031F |
6.4.9 Finland Advanced Composites Market Revenues & Volume, By Medical, 2021-2031F |
7 Finland Advanced Composites Market Import-Export Trade Statistics |
7.1 Finland Advanced Composites Market Export to Major Countries |
7.2 Finland Advanced Composites Market Imports from Major Countries |
8 Finland Advanced Composites Market Key Performance Indicators |
9 Finland Advanced Composites Market - Opportunity Assessment |
9.1 Finland Advanced Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Finland Advanced Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Finland Advanced Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Finland Advanced Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Finland Advanced Composites Market - Competitive Landscape |
10.1 Finland Advanced Composites Market Revenue Share, By Companies, 2024 |
10.2 Finland Advanced Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |