| Product Code: ETC5720763 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Laos continued to rely heavily on composite resin imports, with top exporters being Thailand, China, Hong Kong, Turkey, and the United States of America. Despite a highly concentrated market with a high Herfindahl-Hirschman Index (HHI), the industry experienced a significant decline with a negative compound annual growth rate (CAGR) of -71.99% and a growth rate of -95.95%. This sharp downturn signals challenges and potential shifts in market dynamics, highlighting the need for strategic adaptation and diversification in the composite resin import sector in Laos.

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 Laos Composite Resin Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Composite Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Composite Resin Market - Industry Life Cycle |
3.4 Laos Composite Resin Market - Porter's Five Forces |
3.5 Laos Composite Resin Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Laos Composite Resin Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.7 Laos Composite Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Laos Composite Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in various industries such as automotive, construction, and aerospace |
4.2.2 Growing focus on eco-friendly and sustainable products, leading to the adoption of composite resins |
4.2.3 Technological advancements in manufacturing processes and materials, enhancing the quality and performance of composite resins |
4.3 Market Restraints |
4.3.1 High initial setup costs for manufacturing composite resins, limiting market entry for new players |
4.3.2 Volatility in raw material prices, impacting the overall production costs and pricing of composite resins |
4.3.3 Limited awareness and understanding of the benefits of composite resins among end-users in Laos |
5 Laos Composite Resin Market Trends |
6 Laos Composite Resin Market Segmentations |
6.1 Laos Composite Resin Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Laos Composite Resin Market Revenues & Volume, By Thermoset, 2021-2031F |
6.1.3 Laos Composite Resin Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.2 Laos Composite Resin Market, By Manufacturing Process |
6.2.1 Overview and Analysis |
6.2.2 Laos Composite Resin Market Revenues & Volume, By Layup, 2021-2031F |
6.2.3 Laos Composite Resin Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.2.4 Laos Composite Resin Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.5 Laos Composite Resin Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.2.6 Laos Composite Resin Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.2.7 Laos Composite Resin Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.3 Laos Composite Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Laos Composite Resin Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.3 Laos Composite Resin Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 Laos Composite Resin Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.5 Laos Composite Resin Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.3.6 Laos Composite Resin Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.7 Laos Composite Resin Market Revenues & Volume, By Marine, 2021-2031F |
6.3.8 Laos Composite Resin Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Laos Composite Resin Market Revenues & Volume, By Others, 2021-2031F |
7 Laos Composite Resin Market Import-Export Trade Statistics |
7.1 Laos Composite Resin Market Export to Major Countries |
7.2 Laos Composite Resin Market Imports from Major Countries |
8 Laos Composite Resin Market Key Performance Indicators |
8.1 Research and development investment in new composite resin technologies |
8.2 Adoption rate of composite resins in key industries in Laos |
8.3 Number of partnerships and collaborations between composite resin manufacturers and end-users for product development |
8.4 Environmental impact assessment and sustainability certifications for composite resin products |
9 Laos Composite Resin Market - Opportunity Assessment |
9.1 Laos Composite Resin Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Laos Composite Resin Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.3 Laos Composite Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Laos Composite Resin Market - Competitive Landscape |
10.1 Laos Composite Resin Market Revenue Share, By Companies, 2024 |
10.2 Laos Composite Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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