| Product Code: ETC5707872 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Maldives` composites import shipments in 2024 saw a significant increase in concentration, with top exporters being China, India, Sri Lanka, Thailand, and the USA. This high concentration indicates a strong reliance on a few key markets for composites. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.9%, while the growth rate from 2023 to 2024 spiked at an impressive 13.16%. This data suggests a growing demand for composites in Maldives, with key players like China and India playing a crucial role in meeting these needs.

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 Maldives Composites Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Composites Market - Industry Life Cycle |
3.4 Maldives Composites Market - Porter's Five Forces |
3.5 Maldives Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Maldives Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Maldives Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 Maldives Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Maldives Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure development projects in the Maldives |
4.2.2 Increasing demand for lightweight and durable materials in various industries |
4.2.3 Government initiatives promoting the use of composites in manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up composite manufacturing facilities |
4.3.2 Limited availability of skilled labor for composite manufacturing processes in the Maldives |
5 Maldives Composites Market Trends |
6 Maldives Composites Market Segmentations |
6.1 Maldives Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.1.3 Maldives Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.4 Maldives Composites Market Revenues & Volume, By Natural Fiber Composites, 2021-2031F |
6.2 Maldives Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Composites Market Revenues & Volume, By Thermoset Composites, 2021-2031F |
6.2.3 Maldives Composites Market Revenues & Volume, By Thermoplastic Composites, 2021-2031F |
6.3 Maldives Composites Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Maldives Composites Market Revenues & Volume, By Aerospace & defense, 2021-2031F |
6.3.3 Maldives Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.4 Maldives Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Maldives Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.6 Maldives Composites Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 Maldives Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.3.8 Maldives Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Maldives Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Maldives Composites Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Maldives Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.4.3 Maldives Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.4.4 Maldives Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.4.5 Maldives Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.4.6 Maldives Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.7 Maldives Composites Market Revenues & Volume, By RTM, 2021-2031F |
7 Maldives Composites Market Import-Export Trade Statistics |
7.1 Maldives Composites Market Export to Major Countries |
7.2 Maldives Composites Market Imports from Major Countries |
8 Maldives Composites Market Key Performance Indicators |
8.1 Percentage increase in the number of construction permits issued for projects involving composites |
8.2 Adoption rate of composites in key industries such as marine, automotive, and aerospace |
8.3 Investment inflow in research and development of new composite materials and technologies |
8.4 Percentage growth in the number of partnerships between local businesses and international composite manufacturers |
8.5 Average time taken to complete a composite manufacturing project from design to production |
9 Maldives Composites Market - Opportunity Assessment |
9.1 Maldives Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Maldives Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Maldives Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 Maldives Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Maldives Composites Market - Competitive Landscape |
10.1 Maldives Composites Market Revenue Share, By Companies, 2024 |
10.2 Maldives Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |