Global Construction Composites Market, By Fibre Type (Glass Fibre, Natural Fibre, Others), Resin Type (Polyester Resin, Vinyl Ester, Polyethylene, Polypropylene, Others), Application (Industrial, Commercial, Housing, Civil), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Construction Composites Market
Construction composites market is expected to reach USD 9.59 billion by 2027 from USD 5.97 billion in 2019, growing at a rate of 6.10% for the forecast period of 2020 to 2027. Data Bridge Market Research report on construction composites market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The accelerating market for construction composites is due to their properties for providing resistance to corrosive liquids, excellent electrical insulation properties and high elevated temperatures performances, lower styrene emissions as compared to polyester resins, and good adhesive strength. Construction composites are widely adopted in aerospace and defence, transportation, wind energy, construction and infrastructure, this factor can drive its market growth. Availability of low-cost substitutes can act as a challenge for the manufacturers. Construction composites require high initial investment which can restrain its market growth. High adoption of pultruded profiles composites in the construction activities can act as an opportunity for the manufacturers.
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 localised 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, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research Construction Composites market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Construction Composites Market Scope and Market Size
Construction composites market is segmented on the basis of fibre type, resin type, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of fibre type, the construction composites market glass fibre, natural fibre and others. Natural fibre is sub-segmented into wood fibre and non-wood fibre. Others segment is sub-segmented into carbon fibre and basalt fibre.
- On the basis of resin type, the construction composites market is segmented into polyester resin, vinyl ester, polyethylene, polypropylene, others. Others segment is sub-segmented into phenolic resin, polyurethane resin, and epoxy resin.
- On the basis of application, the construction composites market is segmented into industrial, commercial, housing, civil. Industrial segment is sub-segmented into water-treatment plants, oil & gas, chemical, power generation. Commercial segment is sub-segmented into hotels & resorts, marine, ATC towers, parking structures. Housing segment is sub-segmented into FRP window and door, composite decking and railing. Civil segment is sub-segmented into highways, bridges, tunnelling and structural strengthening and monument restorations.
Construction Composites Market Country Level Analysis
Construction composites market is analysed and market size, volume information is provided by country, fibre type, resin type, and application as referenced above.
The countries covered in the construction composites market report are the 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, Israel, Egypt, South Africa, 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 is expected to be the fastest-growing market for construction composites during the forecast period due to increasing urbanization and industrialization, wide use of construction composites in civil, commercial and industrial applications due to their long life and the low maintenance.
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 such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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.
Competitive Landscape and Construction Composites Market Share Analysis
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.
The major players covered in the construction composites market report are Fibergrate, Fiberon LLC, Strongwell Corporation, and Trex Company, Inc, Zhengzhou Yalong Pultrex Composite Materials Co., Ltd., Jiangsu Jiuding New Material Co., Ltd., and Fibrolux GmbH, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Construction Composites Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.