| Product Code: ETC8621992 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
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 Nigeria Composite Material Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Composite Material Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Composite Material Market - Industry Life Cycle |
3.4 Nigeria Composite Material Market - Porter's Five Forces |
3.5 Nigeria Composite Material Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.6 Nigeria Composite Material Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Nigeria Composite Material Market Revenues & Volume Share, By Coatings, 2021 & 2031F |
3.8 Nigeria Composite Material Market Revenues & Volume Share, By Adhesives, 2021 & 2031F |
3.9 Nigeria Composite Material Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Nigeria Composite Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in industries such as automotive, aerospace, and construction. |
4.2.2 Growing investments in infrastructure development projects in Nigeria. |
4.2.3 Rising awareness about the benefits of composite materials over traditional materials. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the production and implementation of composite materials. |
4.3.2 Lack of skilled labor for manufacturing and handling composite materials. |
4.3.3 Limited availability of raw materials for composite material production in Nigeria. |
5 Nigeria Composite Material Market Trends |
6 Nigeria Composite Material Market, By Types |
6.1 Nigeria Composite Material Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Composite Material Market Revenues & Volume, By Resin, 2021- 2031F |
6.1.3 Nigeria Composite Material Market Revenues & Volume, By Thermoset Resin, 2021- 2031F |
6.1.4 Nigeria Composite Material Market Revenues & Volume, By EpoxyVinyl, 2021- 2031F |
6.1.5 Nigeria Composite Material Market Revenues & Volume, By Ester Pheonolics Cyanate, 2021- 2031F |
6.1.6 Nigeria Composite Material Market Revenues & Volume, By Esters Polyimides, 2021- 2031F |
6.1.7 Nigeria Composite Material Market Revenues & Volume, By Other, 2021- 2031F |
6.1.8 Nigeria Composite Material Market Revenues & Volume, By Bismaleimides, 2021- 2031F |
6.2 Nigeria Composite Material Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Composite Material Market Revenues & Volume, By Glass Fiber, 2021- 2031F |
6.2.3 Nigeria Composite Material Market Revenues & Volume, By Carbon Fiber, 2021- 2031F |
6.2.4 Nigeria Composite Material Market Revenues & Volume, By Aramid Fiber, 2021- 2031F |
6.2.5 Nigeria Composite Material Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Nigeria Composite Material Market, By Coatings |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Composite Material Market Revenues & Volume, By Gel Coat, 2021- 2031F |
6.3.3 Nigeria Composite Material Market Revenues & Volume, By Surface Veil, 2021- 2031F |
6.4 Nigeria Composite Material Market, By Adhesives |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Composite Material Market Revenues & Volume, By Epoxies, 2021- 2031F |
6.4.3 Nigeria Composite Material Market Revenues & Volume, By Bismaleimide, 2021- 2031F |
6.4.4 Nigeria Composite Material Market Revenues & Volume, By Cyanate Ester, 2021- 2031F |
6.4.5 Nigeria Composite Material Market Revenues & Volume, By Modified Acrylics, 2021- 2031F |
6.4.6 Nigeria Composite Material Market Revenues & Volume, By Polyurethanes, 2021- 2031F |
6.4.7 Nigeria Composite Material Market Revenues & Volume, By Silicones, 2021- 2031F |
6.5 Nigeria Composite Material Market, By End-user Industry |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Composite Material Market Revenues & Volume, By Construction, 2021- 2031F |
6.5.3 Nigeria Composite Material Market Revenues & Volume, By Transportation, 2021- 2031F |
6.5.4 Nigeria Composite Material Market Revenues & Volume, By Electronics & Electrical, 2021- 2031F |
6.5.5 Nigeria Composite Material Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.5.6 Nigeria Composite Material Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.5.7 Nigeria Composite Material Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Nigeria Composite Material Market Import-Export Trade Statistics |
7.1 Nigeria Composite Material Market Export to Major Countries |
7.2 Nigeria Composite Material Market Imports from Major Countries |
8 Nigeria Composite Material Market Key Performance Indicators |
8.1 Research and development expenditure on new composite material technologies. |
8.2 Adoption rate of composite materials in key industries. |
8.3 Number of partnerships or collaborations between local companies and international composite material manufacturers. |
8.4 Percentage of waste reduction achieved through the use of composite materials in manufacturing processes. |
8.5 Investment in composite material recycling infrastructure. |
9 Nigeria Composite Material Market - Opportunity Assessment |
9.1 Nigeria Composite Material Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.2 Nigeria Composite Material Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Nigeria Composite Material Market Opportunity Assessment, By Coatings, 2021 & 2031F |
9.4 Nigeria Composite Material Market Opportunity Assessment, By Adhesives, 2021 & 2031F |
9.5 Nigeria Composite Material Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Nigeria Composite Material Market - Competitive Landscape |
10.1 Nigeria Composite Material Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Composite Material 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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