Composite Doors and Windows Global Business Report 2024: As Demand Rises for Hygienic Doors & Windows, Composite Materials Hold an Edge [Yahoo! Finance]
ASSA ABLOY UNSP/ADR (ASAZY)
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Source: Yahoo! Finance
Global Composite Doors and Windows Market to Reach $1.6 Billion by 2030 The global market for Composite Doors and Windows estimated at US$949.1 Million in the year 2023, is projected to reach a revised size of US$1.6 Billion by 2030, growing at a CAGR of 6.5% over the analysis period 2023-2030. Fiber Reinforced Plastics Material, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$1 Billion by the end of the analysis period. Growth in the Wood Plastic Composites Material segment is estimated at 5.9% CAGR for the next 8-year period. The Composite Doors and Windows market in the U.S. is estimated at US$278.6 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$258.3 Million by the year 2030 trailing a CAGR of 8.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 5.9% respectively over
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