| Product Code: ETC7898003 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2023, Laos continued to rely on imports of pressure vessel composite materials, with top exporters being Thailand, Areas, nes, China, Vietnam, and Hong Kong. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. Despite a slight decline in the Compound Annual Growth Rate (CAGR) of -1.94%, there was a marginal growth rate of 0.23%, suggesting a stable market for these imports in Laos. This data highlights the ongoing demand for pressure vessel composite materials in the country, with key players dominating the market.

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 Laos Pressure Vessel Composite Materials Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Pressure Vessel Composite Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Pressure Vessel Composite Materials Market - Industry Life Cycle |
3.4 Laos Pressure Vessel Composite Materials Market - Porter's Five Forces |
3.5 Laos Pressure Vessel Composite Materials Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Laos Pressure Vessel Composite Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Laos Pressure Vessel Composite Materials Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Laos Pressure Vessel Composite Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and corrosion-resistant materials in pressure vessel manufacturing. |
4.2.2 Growing focus on energy efficiency and sustainability in industries using pressure vessels. |
4.2.3 Advancements in composite material technology leading to superior performance and durability. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up manufacturing facilities for composite materials. |
4.3.2 Limited awareness and adoption of composite materials in Laos compared to traditional materials like steel. |
4.3.3 Challenges related to regulatory compliance and standards for pressure vessel composite materials in the market. |
5 Laos Pressure Vessel Composite Materials Market Trends |
6 Laos Pressure Vessel Composite Materials Market, By Types |
6.1 Laos Pressure Vessel Composite Materials Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Epoxy Resin, 2021- 2031F |
6.1.4 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Glass Fiber, 2021- 2031F |
6.1.5 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Carbon Fiber, 2021- 2031F |
6.2 Laos Pressure Vessel Composite Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By CNG Vehicle, 2021- 2031F |
6.2.3 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Hydrogen Vehicle, 2021- 2031F |
6.2.4 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Gas Storage, 2021- 2031F |
6.3 Laos Pressure Vessel Composite Materials Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.3 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Aircraft and Military, 2021- 2031F |
6.3.4 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.3.5 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.6 Laos Pressure Vessel Composite Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 Laos Pressure Vessel Composite Materials Market Import-Export Trade Statistics |
7.1 Laos Pressure Vessel Composite Materials Market Export to Major Countries |
7.2 Laos Pressure Vessel Composite Materials Market Imports from Major Countries |
8 Laos Pressure Vessel Composite Materials Market Key Performance Indicators |
8.1 Research and development investment in new composite material technologies. |
8.2 Number of industry partnerships and collaborations for composite material adoption. |
8.3 Percentage increase in the use of composite materials in pressure vessel manufacturing in Laos. |
9 Laos Pressure Vessel Composite Materials Market - Opportunity Assessment |
9.1 Laos Pressure Vessel Composite Materials Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Laos Pressure Vessel Composite Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Laos Pressure Vessel Composite Materials Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Laos Pressure Vessel Composite Materials Market - Competitive Landscape |
10.1 Laos Pressure Vessel Composite Materials Market Revenue Share, By Companies, 2024 |
10.2 Laos 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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