| Product Code: ETC4501310 | 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 |
The thermoset composites market in Nigeria is experiencing steady growth, driven by the demand for durable and lightweight materials in construction, transportation, and electrical industries. Thermoset composites offer excellent mechanical properties, thermal stability, and resistance to corrosion, making them suitable for a wide range of applications. With increasing emphasis on infrastructure development and renewable energy projects, there is a growing demand for thermoset composites in Nigeria.
Thermoset composites find applications in diverse sectors including construction, marine, and electrical industries in Nigeria. The demand for durable, corrosion-resistant, and fire-retardant materials drives the growth of the thermoset composites market. Infrastructure development projects and the need for high-performance materials further fuel market growth.
Similar to thermoplastic composites, high production costs and the availability of skilled labor are challenges in the thermoset composites market. Moreover, educating end-users about the benefits of thermoset composites and overcoming traditional material preferences are additional hurdles.
In Nigeria, government policies regarding the thermoset composites market may focus on fostering technological innovation, enhancing competitiveness, and promoting sustainable manufacturing practices. Policies could include research and development grants for composites technology, investment incentives for manufacturers, and regulations to ensure product quality and safety standards. Additionally, the government may support initiatives to improve infrastructure and logistics to facilitate the growth of the thermoset composites industry.
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 Thermoset Composites Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Thermoset Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Thermoset Composites Market - Industry Life Cycle |
3.4 Nigeria Thermoset Composites Market - Porter's Five Forces |
3.5 Nigeria Thermoset Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.6 Nigeria Thermoset Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Nigeria Thermoset Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.8 Nigeria Thermoset Composites Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Nigeria Thermoset Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in industries such as automotive, aerospace, and construction |
4.2.2 Growing investments in infrastructure projects and renewable energy initiatives driving the demand for thermoset composites |
4.2.3 Rising focus on sustainability and environmental regulations promoting the use of thermoset composites as a greener alternative |
4.3 Market Restraints |
4.3.1 High initial costs associated with the production and processing of thermoset composites |
4.3.2 Limited awareness and understanding of the benefits of thermoset composites among potential end-users |
4.3.3 Challenges related to recyclability and end-of-life disposal of thermoset composites |
5 Nigeria Thermoset Composites Market Trends |
6 Nigeria Thermoset Composites Market, By Types |
6.1 Nigeria Thermoset Composites Market, By Manufacturing Process |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Thermoset Composites Market Revenues & Volume, By Manufacturing Process, 2021-2031F |
6.1.3 Nigeria Thermoset Composites Market Revenues & Volume, By Lay-Up, 2021-2031F |
6.1.4 Nigeria Thermoset Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.1.5 Nigeria Thermoset Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.1.6 Nigeria Thermoset Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.2 Nigeria Thermoset Composites Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Thermoset Composites Market Revenues & Volume, By Glass, 2021-2031F |
6.2.3 Nigeria Thermoset Composites Market Revenues & Volume, By Carbon, 2021-2031F |
6.3 Nigeria Thermoset Composites Market, By Resin Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Thermoset Composites Market Revenues & Volume, By Polyester, 2021-2031F |
6.3.3 Nigeria Thermoset Composites Market Revenues & Volume, By Epoxy, 2021-2031F |
6.3.4 Nigeria Thermoset Composites Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.4 Nigeria Thermoset Composites Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Thermoset Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.4.3 Nigeria Thermoset Composites Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.4 Nigeria Thermoset Composites Market Revenues & Volume, By Sporting Goods, 2021-2031F |
6.4.5 Nigeria Thermoset Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.4.6 Nigeria Thermoset Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.4.7 Nigeria Thermoset Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.4.8 Nigeria Thermoset Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.4.9 Nigeria Thermoset Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
7 Nigeria Thermoset Composites Market Import-Export Trade Statistics |
7.1 Nigeria Thermoset Composites Market Export to Major Countries |
7.2 Nigeria Thermoset Composites Market Imports from Major Countries |
8 Nigeria Thermoset Composites Market Key Performance Indicators |
8.1 Adoption rate of thermoset composites in key industries (e.g., automotive, aerospace, construction) |
8.2 Number of new infrastructure projects incorporating thermoset composites |
8.3 Percentage increase in RD investments specifically targeted towards thermoset composites |
8.4 Environmental impact assessments showcasing the benefits of thermoset composites in reducing carbon footprint |
8.5 Number of partnerships or collaborations between thermoset composite manufacturers and end-users for product development |
9 Nigeria Thermoset Composites Market - Opportunity Assessment |
9.1 Nigeria Thermoset Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.2 Nigeria Thermoset Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Nigeria Thermoset Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.4 Nigeria Thermoset Composites Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Nigeria Thermoset Composites Market - Competitive Landscape |
10.1 Nigeria Thermoset Composites Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Thermoset Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |