| Product Code: ETC5707891 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Norway`s composites import market in 2024 continued to see a diverse range of suppliers, with China, Sweden, Germany, Poland, and the UK leading the pack. The market remains competitive with a low concentration, as indicated by the Herfindahl-Hirschman Index (HHI). The sector exhibited strong growth with a compound annual growth rate (CAGR) of 8.8% from 2020 to 2024. Notably, the growth rate spiked to 13.1% from 2023 to 2024, reflecting a robust uptrend in import shipments of composites into Norway.

The composites market in Norway is expanding as industries seek advanced materials that combine strength, lightweight properties, and durability. Composites are used in various applications, including aerospace, automotive, and construction. The market is supported by technological innovations and the growing adoption of composite materials for their superior performance characteristics.
The Norway Composites Market is driven by the growing demand for lightweight, high-strength materials in automotive, aerospace, and construction sectors.
In Norway, the composites market faces challenges related to the high cost of materials and production. Additionally, the market is impacted by competition from traditional materials, such as steel and aluminum, and the need for specialized skills and equipment to work with composite materials.
Government policies in Norway for the Composites market emphasize innovation and sustainability. Regulations support the development and use of advanced composite materials across various industries, including aerospace, automotive, and construction. The government provides funding and incentives for research into new composite technologies and ensures that these materials meet high standards for performance and environmental impact.
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 Norway Composites Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Composites Market - Industry Life Cycle |
3.4 Norway Composites Market - Porter's Five Forces |
3.5 Norway Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Norway Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Norway Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 Norway Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Norway Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in various industries |
4.2.2 Favorable government regulations promoting the use of composites in construction and automotive sectors |
4.2.3 Growing focus on sustainability and environmental concerns driving the adoption of composites |
4.3 Market Restraints |
4.3.1 High initial investment and production costs associated with composites manufacturing |
4.3.2 Limited recycling options for composite materials leading to environmental concerns |
4.3.3 Lack of awareness and expertise in handling composites among end-users |
5 Norway Composites Market Trends |
6 Norway Composites Market Segmentations |
6.1 Norway Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.1.3 Norway Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.4 Norway Composites Market Revenues & Volume, By Natural Fiber Composites, 2021-2031F |
6.2 Norway Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Norway Composites Market Revenues & Volume, By Thermoset Composites, 2021-2031F |
6.2.3 Norway Composites Market Revenues & Volume, By Thermoplastic Composites, 2021-2031F |
6.3 Norway Composites Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Norway Composites Market Revenues & Volume, By Aerospace & defense, 2021-2031F |
6.3.3 Norway Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.4 Norway Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Norway Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.6 Norway Composites Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 Norway Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.3.8 Norway Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Norway Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Norway Composites Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Norway Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.4.3 Norway Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.4.4 Norway Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.4.5 Norway Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.4.6 Norway Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.7 Norway Composites Market Revenues & Volume, By RTM, 2021-2031F |
7 Norway Composites Market Import-Export Trade Statistics |
7.1 Norway Composites Market Export to Major Countries |
7.2 Norway Composites Market Imports from Major Countries |
8 Norway Composites Market Key Performance Indicators |
8.1 Research and development investment in new composite materials and technologies |
8.2 Adoption rate of composites in key industries such as aerospace, automotive, and construction |
8.3 Percentage of companies incorporating sustainable practices in composite production and usage |
8.4 Innovation rate in composite manufacturing processes and materials |
8.5 Number of partnerships and collaborations between composite manufacturers and end-users for product development and market expansion |
9 Norway Composites Market - Opportunity Assessment |
9.1 Norway Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Norway Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Norway Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 Norway Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Norway Composites Market - Competitive Landscape |
10.1 Norway Composites Market Revenue Share, By Companies, 2024 |
10.2 Norway Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |