| Product Code: ETC5720798 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Republic of Macedonia continued to see a significant influx of composite resin imports, with top exporters being Germany, Italy, Turkey, Greece, and Bulgaria. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 19.25% from 2020 to 2024 demonstrates a strong market expansion. Moreover, the growth rate of 28.45% from 2023 to 2024 highlights a rapid acceleration in import shipments, suggesting a thriving demand for composite resins in North Macedonia.

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 Republic of Macedonia Composite Resin Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Composite Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Composite Resin Market - Industry Life Cycle |
3.4 Republic of Macedonia Composite Resin Market - Porter's Five Forces |
3.5 Republic of Macedonia Composite Resin Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Republic of Macedonia Composite Resin Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.7 Republic of Macedonia Composite Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia Composite Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for composite resins in various end-use industries such as automotive, construction, and aerospace due to their lightweight and durable properties |
4.2.2 Growing focus on sustainability and environmental regulations driving the adoption of eco-friendly composite resins |
4.2.3 Technological advancements leading to the development of innovative composite resin materials with enhanced performance characteristics |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the overall production cost of composite resins |
4.3.2 Lack of awareness and limited knowledge about the benefits and applications of composite resins among potential end-users |
4.3.3 Competition from alternative materials such as metals and plastics posing a challenge to market growth |
5 Republic of Macedonia Composite Resin Market Trends |
6 Republic of Macedonia Composite Resin Market Segmentations |
6.1 Republic of Macedonia Composite Resin Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Composite Resin Market Revenues & Volume, By Thermoset, 2021-2031F |
6.1.3 Republic of Macedonia Composite Resin Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.2 Republic of Macedonia Composite Resin Market, By Manufacturing Process |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Composite Resin Market Revenues & Volume, By Layup, 2021-2031F |
6.2.3 Republic of Macedonia Composite Resin Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.2.4 Republic of Macedonia Composite Resin Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.5 Republic of Macedonia Composite Resin Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.2.6 Republic of Macedonia Composite Resin Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.2.7 Republic of Macedonia Composite Resin Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.3 Republic of Macedonia Composite Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Composite Resin Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.3 Republic of Macedonia Composite Resin Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 Republic of Macedonia Composite Resin Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.5 Republic of Macedonia Composite Resin Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.3.6 Republic of Macedonia Composite Resin Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.7 Republic of Macedonia Composite Resin Market Revenues & Volume, By Marine, 2021-2031F |
6.3.8 Republic of Macedonia Composite Resin Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Republic of Macedonia Composite Resin Market Revenues & Volume, By Others, 2021-2031F |
7 Republic of Macedonia Composite Resin Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Composite Resin Market Export to Major Countries |
7.2 Republic of Macedonia Composite Resin Market Imports from Major Countries |
8 Republic of Macedonia Composite Resin Market Key Performance Indicators |
8.1 Research and development investment in new composite resin technologies |
8.2 Adoption rate of eco-friendly composite resins in key industries |
8.3 Number of collaborations and partnerships for the development and commercialization of composite resin products |
8.4 Level of government support and incentives for the composite resin industry |
8.5 Rate of adoption of advanced manufacturing processes in the production of composite resins |
9 Republic of Macedonia Composite Resin Market - Opportunity Assessment |
9.1 Republic of Macedonia Composite Resin Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Republic of Macedonia Composite Resin Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.3 Republic of Macedonia Composite Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia Composite Resin Market - Competitive Landscape |
10.1 Republic of Macedonia Composite Resin Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Composite Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |