Product Code: ETC4519235 | 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: 26 |
The advanced composites market in Myanmar is seeing growth as industries such as aerospace, automotive, and construction increasingly adopt these materials for their superior strength-to-weight ratio and durability. Advanced composites are used in a variety of high-performance applications, contributing to innovation and efficiency in these sectors. The push for modernization and technological advancement in Myanmar supports this market expansion.
The advanced composites market in Myanmar is experiencing growth due to their superior performance characteristics, such as high strength-to-weight ratio, durability, and corrosion resistance. These materials are increasingly used in aerospace, automotive, and construction industries. The push towards lightweight and fuel-efficient vehicles and aircraft is a major driver for advanced composites. Additionally, infrastructure development and the need for sustainable construction materials contribute to market growth. Innovations in composite manufacturing techniques and the availability of raw materials further support this trend.
The advanced composites market in Myanmar encounters several obstacles, including high production costs and a lack of technical expertise. The sophisticated nature of advanced composites requires significant investment in technology and skilled labor, both of which are in short supply in Myanmar. This results in higher production costs and limits the competitiveness of local products. Additionally, there is limited awareness and understanding of the benefits of advanced composites, which hinders market adoption. The market also faces challenges related to the sourcing of high-quality raw materials, which are often imported, leading to increased costs and potential supply chain issues.
Myanmars policies in the advanced composites market focus on fostering innovation and supporting high-tech manufacturing industries. The Ministry of Industry promotes research and development in advanced materials through grants and collaboration with international experts. Policies are designed to support the aerospace, automotive, and construction sectors, which are primary users of advanced composites. There are also initiatives to develop local expertise and technical skills in composite manufacturing.
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 Myanmar Advanced Composites Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Advanced Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Advanced Composites Market - Industry Life Cycle |
3.4 Myanmar Advanced Composites Market - Porter's Five Forces |
3.5 Myanmar Advanced Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Myanmar Advanced Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Myanmar Advanced Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Myanmar Advanced Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Myanmar Advanced Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Myanmar Advanced Composites Market Trends |
6 Myanmar Advanced Composites Market, By Types |
6.1 Myanmar Advanced Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Advanced Composites Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 Myanmar Advanced Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.4 Myanmar Advanced Composites Market Revenues & Volume, By Aramid Fiber Composites, 2021-2031F |
6.1.5 Myanmar Advanced Composites Market Revenues & Volume, By S-Glass Fiber Composites, 2021-2031F |
6.1.6 Myanmar Advanced Composites Market Revenues & Volume, By Other Fiber Composites, 2021-2031F |
6.2 Myanmar Advanced Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Advanced Composites Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.2.3 Myanmar Advanced Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3 Myanmar Advanced Composites Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Myanmar Advanced Composites Market Revenues & Volume, By Hand layup/ Spray Layup, 2021-2031F |
6.3.3 Myanmar Advanced Composites Market Revenues & Volume, By AFP/ATL, 2021-2031F |
6.3.4 Myanmar Advanced Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.3.5 Myanmar Advanced Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.3.6 Myanmar Advanced Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.3.7 Myanmar Advanced Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.3.8 Myanmar Advanced Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Myanmar Advanced Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Myanmar Advanced Composites Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Myanmar Advanced Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.4.3 Myanmar Advanced Composites Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.4 Myanmar Advanced Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.4.5 Myanmar Advanced Composites Market Revenues & Volume, By Sporting Goods, 2021-2031F |
6.4.6 Myanmar Advanced Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.4.7 Myanmar Advanced Composites Market Revenues & Volume, By Civil Engineering, 2021-2031F |
6.4.8 Myanmar Advanced Composites Market Revenues & Volume, By Medical, 2021-2031F |
6.4.9 Myanmar Advanced Composites Market Revenues & Volume, By Medical, 2021-2031F |
7 Myanmar Advanced Composites Market Import-Export Trade Statistics |
7.1 Myanmar Advanced Composites Market Export to Major Countries |
7.2 Myanmar Advanced Composites Market Imports from Major Countries |
8 Myanmar Advanced Composites Market Key Performance Indicators |
9 Myanmar Advanced Composites Market - Opportunity Assessment |
9.1 Myanmar Advanced Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Myanmar Advanced Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Myanmar Advanced Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Myanmar Advanced Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Myanmar Advanced Composites Market - Competitive Landscape |
10.1 Myanmar Advanced Composites Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Advanced Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |