| Product Code: ETC4498595 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 |
The overall composites market in Myanmar is witnessing robust growth driven by increasing applications across various industries such as automotive, aerospace, construction, and marine. Factors like lightweight, high strength, corrosion resistance, and design flexibility are driving the adoption of composites in diverse end-use sectors.
The overall composites market in Myanmar is expanding due to the increasing demand across various industries, including automotive, aerospace, construction, and marine. The benefits of composites, such as high strength-to-weight ratio, corrosion resistance, and design flexibility, are driving their adoption. Economic development, urbanization, and infrastructure projects create a strong demand for composite materials. Furthermore, innovations in composite manufacturing and the growing focus on sustainable materials contribute to market growth.
The overall composites market in Myanmar is challenged by several factors including high production and import costs, limited local expertise, and a lack of awareness about the benefits of composites. While there is potential for growth, particularly in sectors like construction, automotive, and aerospace, the current market infrastructure does not support large-scale production or innovation. This situation results in a reliance on imported materials and technologies, which are costlier and less accessible for many local businesses.
Broad government policies aimed at industrial diversification and modernization have bolstered the overall composites market in Myanmar. These policies include infrastructure development projects, investment in research and innovation, and fostering an environment conducive to domestic and international business collaborations in the composites 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 Myanmar Composites Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Composites Market - Industry Life Cycle |
3.4 Myanmar Composites Market - Porter's Five Forces |
3.5 Myanmar Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Myanmar Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Myanmar Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 Myanmar Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Myanmar Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in the automotive and aerospace industries in Myanmar |
4.2.2 Increasing investments in infrastructure development projects driving the demand for composites in construction applications |
4.2.3 Rising awareness about the benefits of composites such as corrosion resistance, durability, and design flexibility |
4.3 Market Restraints |
4.3.1 Lack of skilled labor for manufacturing and processing composites in Myanmar |
4.3.2 Limited availability of raw materials locally, leading to dependency on imports |
4.3.3 Challenges related to quality control and standardization of composites production processes in the country |
5 Myanmar Composites Market Trends |
6 Myanmar Composites Market, By Types |
6.1 Myanmar Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Composites Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 Myanmar Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.1.4 Myanmar Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.5 Myanmar Composites Market Revenues & Volume, By Natural Fiber Composites, 2021-2031F |
6.2 Myanmar Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Composites Market Revenues & Volume, By Thermoset Composites, 2021-2031F |
6.2.3 Myanmar Composites Market Revenues & Volume, By Thermoplastic Composites, 2021-2031F |
6.3 Myanmar Composites Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Myanmar Composites Market Revenues & Volume, By Aerospace & defense, 2021-2031F |
6.3.3 Myanmar Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.4 Myanmar Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Myanmar Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.6 Myanmar Composites Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 Myanmar Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.3.8 Myanmar Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Myanmar Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Myanmar Composites Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Myanmar Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.4.3 Myanmar Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.4.4 Myanmar Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.4.5 Myanmar Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.4.6 Myanmar Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.7 Myanmar Composites Market Revenues & Volume, By RTM, 2021-2031F |
7 Myanmar Composites Market Import-Export Trade Statistics |
7.1 Myanmar Composites Market Export to Major Countries |
7.2 Myanmar Composites Market Imports from Major Countries |
8 Myanmar Composites Market Key Performance Indicators |
8.1 Percentage increase in the number of composite material suppliers in Myanmar |
8.2 Growth in the adoption of composites in new application areas within the country |
8.3 Research and development investment in composites technology in Myanmar |
9 Myanmar Composites Market - Opportunity Assessment |
9.1 Myanmar Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Myanmar Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Myanmar Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 Myanmar Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Myanmar Composites Market - Competitive Landscape |
10.1 Myanmar Composites Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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