Product Code: ETC4498610 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Nigeria composites market encompasses a wide range of fiber-reinforced composite materials used in various industries, including aerospace, automotive, marine, construction, and renewable energy. With the increasing demand for lightweight, high-strength materials and sustainable solutions, composites play a critical role in product innovation, performance optimization, and cost efficiency across diverse applications.
The Nigeria Composites Market is influenced by the growing demand for lightweight and high-strength materials in various industries such as automotive, aerospace, and construction. The focus on improving product performance and reducing environmental impact drives market growth.
The composites market in Nigeria is constrained by high production costs, limited industrial applications, and competition from traditional materials. Additionally, low awareness and technological adoption hinder market expansion.
Material science regulations, manufacturing standards, and product quality guidelines influence the composites market.
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 Composites Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Composites Market - Industry Life Cycle |
3.4 Nigeria Composites Market - Porter's Five Forces |
3.5 Nigeria Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Nigeria Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Nigeria Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 Nigeria Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Nigeria Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in various industries such as automotive, construction, and aerospace. |
4.2.2 Growing focus on infrastructure development and investments in Nigeria. |
4.2.3 Rise in government initiatives promoting the use of composites for sustainable and energy-efficient solutions. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up manufacturing facilities for composites. |
4.3.2 Lack of skilled labor and technical expertise in the composites industry in Nigeria. |
4.3.3 Challenges related to recycling and disposal of composite materials, leading to environmental concerns. |
5 Nigeria Composites Market Trends |
6 Nigeria Composites Market, By Types |
6.1 Nigeria Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Composites Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 Nigeria Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.1.4 Nigeria Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.5 Nigeria Composites Market Revenues & Volume, By Natural Fiber Composites, 2021-2031F |
6.2 Nigeria Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Composites Market Revenues & Volume, By Thermoset Composites, 2021-2031F |
6.2.3 Nigeria Composites Market Revenues & Volume, By Thermoplastic Composites, 2021-2031F |
6.3 Nigeria Composites Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Composites Market Revenues & Volume, By Aerospace & defense, 2021-2031F |
6.3.3 Nigeria Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.4 Nigeria Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Nigeria Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.6 Nigeria Composites Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 Nigeria Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.3.8 Nigeria Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Nigeria Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Nigeria Composites Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.4.3 Nigeria Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.4.4 Nigeria Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.4.5 Nigeria Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.4.6 Nigeria Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.7 Nigeria Composites Market Revenues & Volume, By RTM, 2021-2031F |
7 Nigeria Composites Market Import-Export Trade Statistics |
7.1 Nigeria Composites Market Export to Major Countries |
7.2 Nigeria Composites Market Imports from Major Countries |
8 Nigeria Composites Market Key Performance Indicators |
8.1 Number of new infrastructure projects integrating composite materials. |
8.2 Percentage increase in adoption of composites in key industries. |
8.3 Research and development investment in composites technology advancement. |
8.4 Percentage growth in the number of skilled professionals in the composites industry. |
8.5 Environmental impact assessment and adherence to sustainability practices within the composites sector. |
9 Nigeria Composites Market - Opportunity Assessment |
9.1 Nigeria Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Nigeria Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Nigeria Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 Nigeria Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Nigeria Composites Market - Competitive Landscape |
10.1 Nigeria Composites Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |