| Product Code: ETC6686723 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of pressure vessel composite materials to Cape Verde in 2024 were predominantly sourced from top exporters such as Portugal, Spain, Brazil, Areas, nes, and France. Despite a slight decline in CAGR from 2020 to 2024, there was a notable growth rate of 5.75% in 2024. The market in Cape Verde continues to exhibit a high level of concentration, as indicated by the high Herfindahl-Hirschman Index (HHI) in 2024. This suggests a competitive landscape with a few key players dominating the import market for pressure vessel composite materials in the country.

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 Cape Verde Pressure Vessel Composite Materials Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Pressure Vessel Composite Materials Market - Industry Life Cycle |
3.4 Cape Verde Pressure Vessel Composite Materials Market - Porter's Five Forces |
3.5 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cape Verde Pressure Vessel Composite Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable pressure vessel materials in Cape Verde |
4.2.2 Growing emphasis on energy efficiency and sustainability in various industries |
4.2.3 Advancements in composite materials technology leading to improved performance and cost-effectiveness |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up manufacturing facilities for composite materials in Cape Verde |
4.3.2 Lack of skilled workforce with expertise in composite materials manufacturing |
4.3.3 Limited awareness and adoption of composite materials in pressure vessel applications in Cape Verde |
5 Cape Verde Pressure Vessel Composite Materials Market Trends |
6 Cape Verde Pressure Vessel Composite Materials Market, By Types |
6.1 Cape Verde Pressure Vessel Composite Materials Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Epoxy Resin, 2021- 2031F |
6.1.4 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Glass Fiber, 2021- 2031F |
6.1.5 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Carbon Fiber, 2021- 2031F |
6.2 Cape Verde Pressure Vessel Composite Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By CNG Vehicle, 2021- 2031F |
6.2.3 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Hydrogen Vehicle, 2021- 2031F |
6.2.4 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Gas Storage, 2021- 2031F |
6.3 Cape Verde Pressure Vessel Composite Materials Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.3 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Aircraft and Military, 2021- 2031F |
6.3.4 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.3.5 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.6 Cape Verde Pressure Vessel Composite Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Pressure Vessel Composite Materials Market Import-Export Trade Statistics |
7.1 Cape Verde Pressure Vessel Composite Materials Market Export to Major Countries |
7.2 Cape Verde Pressure Vessel Composite Materials Market Imports from Major Countries |
8 Cape Verde Pressure Vessel Composite Materials Market Key Performance Indicators |
8.1 Average cost reduction achieved through the use of composite materials in pressure vessels |
8.2 Number of research and development collaborations for the development of innovative composite materials |
8.3 Percentage increase in the use of composite materials in pressure vessels over time |
9 Cape Verde Pressure Vessel Composite Materials Market - Opportunity Assessment |
9.1 Cape Verde Pressure Vessel Composite Materials Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Cape Verde Pressure Vessel Composite Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Pressure Vessel Composite Materials Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cape Verde Pressure Vessel Composite Materials Market - Competitive Landscape |
10.1 Cape Verde Pressure Vessel Composite Materials Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Pressure Vessel Composite Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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