Global Construction Composites Market
Market Size in USD Billion
CAGR :
% 
USD
60.56 Billion
USD
93.29 Billion
2024
2032
 Forecast Period |
2025 –2032 |
 Market Size (Base Year) |
USD 60.56 Billion |
 Market Size (Forecast Year) |
USD 93.29 Billion |
 CAGR |
% |
| Major Markets Players |
Global Construction Composites Market Segmentation, By Fibre Type (Glass Fibre, Natural Fibre, Others), Resin Type (Polyester Resin, Vinyl Ester, Polyethylene, Polypropylene, Others), Application (Industrial, Commercial, Housing, Civil) – Industry Trends and Forecast to 2032
Construction Composites Market Analysis
Construction composites are capable of sustaining the integrity of the construction in which these composites are being used even in sever conditions. Composites used in construction in various forms, there are two of the major forms of construction composites which are fiber composites and resin composites. Major application of the construction composites market comprise housing and civil, commercial and industrial construction structures. Moreover, the construction composites market is expected to grow in the forecast period due to growing use of composites in the construction industry and their low maintenance cost and longevity.
Construction Composites Market Size
Global construction composites market size was valued at USD 60.56 billion in 2024 and is projected to reach USD 93.29 billion by 2032, with a CAGR of 5.55% during the forecast period of 2025 to 2032.
Construction Composites Market Trends
“Shift Towards Sustainable and Lightweight Materials”
One of the key trends in the global construction composites market is the growing demand for sustainable and lightweight materials. Construction composites, which offer high durability, reduced weight, and improved environmental performance, are gaining popularity over traditional materials such as concrete and steel. These composites, including fiber-reinforced polymers (FRP), are increasingly being used in construction applications for bridges, buildings, and infrastructure projects due to their strength, corrosion resistance, and ease of installation. The rising focus on green building practices, energy-efficient construction, and reducing the environmental impact of the construction industry is driving the adoption of these advanced materials. Additionally, as urbanization accelerates and the need for resilient infrastructure increases, the demand for construction composites that can withstand extreme weather conditions and provide long-term performance is expected to continue growing.
Report Scope and Market Segmentation
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Attributes |
Construction Composites Key Market Insights |
|
Segmentation |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
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Key Market Players |
ConstructConnect, Inc. (U.S.), Bedford Reinforced Plastics (U.S.), Exel Composites (Finland), Hughes Brothers, Inc. (U.S.), Jamco Corporation (Japan), Strongwell Corporation (U.S.), Trex Company, Inc. (U.S.), UPM (Finland), DOW (U.S.), Halocarbon, LLC (U.S.) Freudenberg SE (Germany), The Chemours Company (U.S.), Metalubgroup (Israel), Huntsman International LLC (U.S.), Bostik (France), H.B. Fuller Company (U.S.), Sika AG (Switzerland), Cardolite Corporation (U.S.), DAIKIN (Japan), Kukdo Chemical Co., Ltd., (South Korea), Arkema (France) |
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Market Opportunities |
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Construction Composites Market Definition
A construction composite is a material engineered from two or more materials with different chemical or physical properties. This takes features from the combined materials to produce high-performing building material. Several types of construction composite materials are needed for the construction project.
Construction Composites Market Dynamics
Drivers
- Rising demand for fiber glass composites
Fiberglass is emerging as the fastest growing and the most popular composite because of its high tensile strength, excellent durability and super lightweight properties. The rising demand for effective and efficient fiberglass composites materials to make the commercial and residential building parts are expected to drive the overall growth of the construction composites market.
- Increased Utilization in housing and commercial sector
The need for construction composites is growing due to high demand in the housing and commercial constructions because these composites offer lower maintenance cost than railing products and timber decking. The demand for high strength and corrosion-resistant construction materials are increased which expected to see a significant growth in the market.
Furthermore, the increasing applications from emerging countries coupled with the adoption of natural composites will further drive the growth rate of construction composites market. Also, the low cost of carbon fiber will also drive the market value growth during forecast period.
Opportunities
- Awareness and Replacement
The rising awareness due to strict government rules and regulations about the use of construction composites will further extend the profitable opportunities to the construction composites market players during the forecast period of 2025 to 2032.
Additionally, due to wide range of application such as in construction and infrastructure, aerospace and defence, and other will further expand the future create immense opportunities for the growth of the construction composites market.
Restraints/Challenges
- High cost
However, high production cost of these material and installation costs of construction composites and recyclability is expected to act as major restraint and obstruct the overall growth of the construction composites market during the forecast period.
- Availability of low cost substitutes
An extensive variety of low-cost substitutes of composites are available in the market, including aluminium, timber, steel, and plywood for structure reinforcement is expected to the major challenging factor for the growth of the construction composites market.
This construction composites market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the construction composites market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Construction Composites Market Scope
The construction composites market is segmented on the basis of fibre type, resin type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Fibre Type
- Glass Fibre
- Natural Fibre
- Others
Resin Type
- Polyester Resin
- Vinyl Ester
- Polyethylene
- Polypropylene
- Others
Application
- Industrial
- Commercial
- Housing
- Civil
Construction Composites Market Regional Analysis
The construction composites market is analyzed and market size insights and trends are provided by country, fibre type, resin type and application as referenced above.
The countries covered in the construction composites market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the construction composites market due to the growing industrialization and urbanization, extensive use of construction composites in civil, industrial and commercial applications in this region.
Europe will continue to project the highest compound annual growth rate due to the huge shelf life of products coupled with low maintenance cost and growing penetration of composites in construction industry in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Construction Composites Market Share
The construction composites market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to construction composites market.
Construction Composites Market Leaders Operating in the Market Are:
- ConstructConnect, Inc. (U.S.)
- Bedford Reinforced Plastics (U.S.)
- Exel Composites (Finland)
- Hughes Brothers, Inc. (U.S.)
- Jamco Corporation (Japan)
- Strongwell Corporation (U.S.)
- Trex Company, Inc. (U.S.)
- UPM (Finland)
- DOW (U.S.)
- Halocarbon, LLC (U.S.)
- Freudenberg SE (Germany)
- The Chemours Company (U.S.)
- Metalubgroup (Israel)
- Huntsman International LLC (U.S.)
- Bostik (France)
- H.B. Fuller Company (U.S.)
- Sika AG (Switzerland)
- Cardolite Corporation (U.S.)
- DAIKIN (Japan)
- Kukdo Chemical Co., Ltd., (South Korea)
- Arkema (France)
Latest Developments in Construction Composites Market
- In March 2024, Toray Advanced Composites expanded its portfolio with the launch of Toray Cetex TC915 PA+. This high-performance composite material is suitable for applications in sporting goods, automotive structures, and energy sectors, offering enhanced durability and strength.
- In 2023, Solvay introduced FusePly 250, a new composite bonding technology product. This innovation is designed to enhance the bonding processes in composite manufacturing, offering improved performance and efficiency for various construction applications.
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Global Construction Composites Market, Supply Chain Analysis and Ecosystem Framework
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Construction Composites Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Construction Composites Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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