Product Code: ETC4500537 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In Ghana, the marine composites market is witnessing steady growth, driven by the demand for lightweight, durable, and corrosion-resistant materials for marine vessel construction, offshore structures, and marine equipment. Marine composites, composed of fiber reinforcements such as fiberglass, carbon fiber, and aramid fibers in a polymer matrix, offer advantages such as high strength-to-weight ratio, fatigue resistance, and design flexibility, making them suitable for marine applications. With Ghana maritime industry and offshore activities, the demand for marine composites is expected to remain strong in the country.
The Ghana marine composites market is experiencing growth driven by increasing demand for lightweight and corrosion-resistant materials in marine construction and manufacturing. Marine composites` usage in boat hulls, decks, and structural components is driving market expansion in the country.
Challenges in the marine composites market include material selection and performance validation. Developing composite materials with optimal strength, stiffness, and corrosion resistance for marine applications such as boat hulls, decks, and offshore structures requires extensive testing and validation under harsh environmental conditions. Additionally, addressing cost competitiveness and production scalability challenges associated with composite manufacturing processes such as resin infusion and filament winding is crucial for market adoption and industry growth.
To support innovation and competitiveness in Ghana maritime and aerospace industries, the government has implemented policies to promote the growth of the marine composites market. Measures include providing incentives for research and development, supporting skills development in composite manufacturing technologies, and fostering partnerships between industry stakeholders to enhance product quality, performance, and affordability.
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 Ghana Marine Composites Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Marine Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Marine Composites Market - Industry Life Cycle |
3.4 Ghana Marine Composites Market - Porter's Five Forces |
3.5 Ghana Marine Composites Market Revenues & Volume Share, By Composite Type, 2021 & 2031F |
3.6 Ghana Marine Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Ghana Marine Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.8 Ghana Marine Composites Market Revenues & Volume Share, By Vessel Type, 2021 & 2031F |
4 Ghana Marine Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Marine Composites Market Trends |
6 Ghana Marine Composites Market, By Types |
6.1 Ghana Marine Composites Market, By Composite Type |
6.1.1 Overview and Analysis |
6.1.2 Ghana Marine Composites Market Revenues & Volume, By Composite Type, 2021-2031F |
6.1.3 Ghana Marine Composites Market Revenues & Volume, By Metal Matrix Composite (MMC), 2021-2031F |
6.1.4 Ghana Marine Composites Market Revenues & Volume, By Ceramic Matrix Composite (CMC), 2021-2031F |
6.1.5 Ghana Marine Composites Market Revenues & Volume, By Polymer Matrix Composite (PMC), 2021-2031F |
6.2 Ghana Marine Composites Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Ghana Marine Composites Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.2.3 Ghana Marine Composites Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.2.4 Ghana Marine Composites Market Revenues & Volume, By Others, 2021-2031F |
6.2.5 Ghana Marine Composites Market Revenues & Volume, By Aramid, 2021-2031F |
6.2.6 Ghana Marine Composites Market Revenues & Volume, By Natural Fibers, 2021-2031F |
6.3 Ghana Marine Composites Market, By Resin Type |
6.3.1 Overview and Analysis |
6.3.2 Ghana Marine Composites Market Revenues & Volume, By Polyester, 2021-2031F |
6.3.3 Ghana Marine Composites Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.3.4 Ghana Marine Composites Market Revenues & Volume, By Epoxy, 2021-2031F |
6.3.5 Ghana Marine Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3.6 Ghana Marine Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.7 Ghana Marine Composites Market Revenues & Volume, By Phenolic, 2021-2031F |
6.4 Ghana Marine Composites Market, By Vessel Type |
6.4.1 Overview and Analysis |
6.4.2 Ghana Marine Composites Market Revenues & Volume, By Power Boats, 2021-2031F |
6.4.3 Ghana Marine Composites Market Revenues & Volume, By Sailboats, 2021-2031F |
6.4.4 Ghana Marine Composites Market Revenues & Volume, By Cruise Ships, 2021-2031F |
6.4.5 Ghana Marine Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4.6 Ghana Marine Composites Market Revenues & Volume, By Cargo Vessels, 2021-2031F |
6.4.7 Ghana Marine Composites Market Revenues & Volume, By Naval Boats, 2021-2031F |
6.4.8 Ghana Marine Composites Market Revenues & Volume, By Personal Watercraft, 2021-2031F |
6.4.9 Ghana Marine Composites Market Revenues & Volume, By Personal Watercraft, 2021-2031F |
7 Ghana Marine Composites Market Import-Export Trade Statistics |
7.1 Ghana Marine Composites Market Export to Major Countries |
7.2 Ghana Marine Composites Market Imports from Major Countries |
8 Ghana Marine Composites Market Key Performance Indicators |
9 Ghana Marine Composites Market - Opportunity Assessment |
9.1 Ghana Marine Composites Market Opportunity Assessment, By Composite Type, 2021 & 2031F |
9.2 Ghana Marine Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Ghana Marine Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.4 Ghana Marine Composites Market Opportunity Assessment, By Vessel Type, 2021 & 2031F |
10 Ghana Marine Composites Market - Competitive Landscape |
10.1 Ghana Marine Composites Market Revenue Share, By Companies, 2024 |
10.2 Ghana Marine Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |