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  3. > Pultrusion Market by type, by Resin Type, by Application and by Region - Global Trends and Forecasts to 2020

New technologies that combine FRP with traditional construction materials are expected to support pultrusion market in the civil infrastructure sector. Light weight and non-corrosion properties with less maintenance make pultrusion suitable for applications in construction activities near the coastal areas. Homeowners in North America and Europe are willing to spend extra money on products that assure them little or no maintenance. Pultruded products provide manufacturers and designers with benefits such as high strength-to-weight ratios, corrosion resistance, heat resistance, dielectric properties, and dimensional stability. Pultruded parts have widespread applications across varied industry verticals such as industrial, housing, automotive, civil engineering, aerospace & defense commercial sectors.

The global pultrusion market is estimated at USD 1,619.5 million in 2015 and is projected to reach USD 2,045.2 million by 2020, at a CAGR of 4.8% from 2015 to 2020.

The global pultrusion market is primarily driven by superior mechanical and physical properties. The combination of specific fibers and resin systems gives the product unique properties such as strength, stiffness and low weight that cannot be achieved with any other material. Pultruded products provide manufacturers and designers with benefits such as high strength-to-weight ratios, corrosion resistance, heat resistance, dielectric properties, and dimensional stability. FRP pultrusions are cost effective and versatile alternative to traditional materials, such as steel, aluminum and timber. FRP pultrusions weigh 75% less than steel and are non-corrosive. The increasing demand for lightweight, high strength parts is expected to boost the overall growth of the global pultrusion market.

The report includes company profiles of major players, recent activities in the market, new product launches, mergers & acquisitions, collaborations and partnerships, and SWOT analysis.
Some of the companies profiled in this report are Strongwell Corporation (U.S.), Exel Composites (Finland), Bedford Reinforced Plastics (U.S.), Jiangsu Jiuding New Material Co. (China), Faigle Kunstsoffe GmbH (Austria), Diversified Structural Composites (U.S.), Creative Pultrusions (U.S.) and others.

Available customization:
1. Pultrusion Application Market by country.
2. Three –Five new country level data.

Table Of Contents

Pultrusion Market by type, by Resin Type, by Application and by Region - Global Trends and Forecasts to 2020
TABLE OF CONTENTS

1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 14
1.4 CURRENCY 15
1.5 LIMITATIONS 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primaries 19
2.2 MARKET SIZE ESTIMATION 20
2.2.1 MARKET SIZE 20
2.3 MARKET BREAKDOWN and DATA TRIANGULATION 22
2.4 MARKET SHARE ESTIMATION 22
2.5 RESEARCH ASSUMPTION 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 28
4.1 PULTRUSION MARKET SIZE BY 2020, BY VALUE 28
4.2 PULTRUSION MARKET-RESIN TYPE 28
4.3 PULTRUSION MARKET BY KEY APPLICATION 29
4.4 U.S. AND CHINA COMMAND THE MAJOR SHARE OF THE PULTRUSION MARKET 30
4.5 PULTRUSION APPLICATION MARKET SHARE, BY VALUE 31
4.6 APPLICATION INDUSTRY GROWTH MATRIX 32
5 MARKET OVERVIEW 33
5.1 INTRODUCTION 33
5.2 EVOLUTION 33

5.3 MARKET SEGMENTATION 34
5.3.1 BY FIBER TYPE 34
5.3.2 BY RESIN TYPE 34
5.3.3 BY APPLICATION 35
5.4 MARKET DYNAMICS 36
5.4.1 DRIVERS 36
5.4.1.1 Rapid urbanization and economic boom in emerging countries 36
5.4.1.2 Superior mechanical and physical properties 37
5.4.2 RESTRAINTS 38
5.4.2.1 Recyclable- related issues 38
5.4.2.2 High cost of raw material in comparison to traditional material 38
5.4.3 OPPORTUNITIES 38
5.4.3.1 Increase in penetration of pultruded profiles for various applications 38
5.4.3.2 New pultrusion techniques and technologies 39
5.4.4 CHALLENGES 39
5.4.4.1 High research and development cost 39
5.4.5 BURNING ISSUES 40
5.4.5.1 Need for Low-cost material and technologies 40
6 INDUSTRY TRENDS 41
6.1 INTRODUCTION 41
6.2 VALUE CHAIN ANALYSIS 41
6.3 RAW MATERIAL ANALYSIS 42
6.3.1 RAW MATERIAL ANALYSIS OF GLASS FIBER PULTRUSION 42
6.3.2 RAW MATERIAL ANALYSIS OF CARBON FIBER PULTRUSION 42
6.3.3 RAW MATERIAL ANALYSIS OF ARAMID FIBER COMPOSITES 43
6.4 PORTER'S FIVE FORCES ANALYSIS 44
6.4.1 THREAT OF NEW ENTRANTS 44
6.4.2 THREAT OF SUBSTITUTES 45
6.4.3 BARGAINING POWER OF SUPPLIERS 45
6.4.4 BARGAINING POWER OF BUYERS 45
6.4.5 INTENSITY OF COMPETITIVE RIVALRY 46
7 PULTRUSION MARKET, BY FIBER TYPE 47
7.1 INTRODUCTION 48
7.2 GLASS FIBER 49
7.3 CARBON FIBER 50
7.4 OTHERS 52
8 PULTRUSION MARKET, BY RESIN TYPE 53
8.1 INTRODUCTION 54
8.2 POLYESTER 55
8.3 VINYL ESTER 56
8.4 POLYURETHANE 57
8.5 OTHERS 58
9 PULTRUSION MARKET, BY APPLICATION 60
9.1 INTRODUCTION 61
9.2 INDUSTRIAL 62
9.3 HOUSING 63
9.4 CIVIL ENGINEERING 64
9.5 CONSUMER 66
9.6 OTHER APPLICATIONS 67
10 PULTRUSION MARKET, BY REGION 69
10.1 INTRODUCTION 70
10.2 ASIA-PACIFIC 72
10.3 NORTH AMERICA 76
10.4 EUROPE 79
10.5 ROW 83
11 COMPETITIVE LANDSCAPE 87
11.1 INTRODUCTION 87
11.2 COMPETITIVE SITUATION and TRENDS 88
11.3 COMPETITIVE ANALYSIS and TRENDS 89
11.3.1 PARTNERSHIPS and AGREEMENTS, JOINT VENTURES and COLLABORATIONS 89
11.3.2 INVESTMENTS and EXPANSIONS 90
11.3.3 NEW PRODUCT LAUNCHES 90
11.4 ACQUISITIONS 91
12 COMPANY PROFILES 92
12.1 INTRODUCTION 92
(Business Overview, Products and Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
12.2 STRONGWELL CORPORATION 93
12.3 EXEL COMPOSITES 96
12.4 BEDFORD REINFORCED PLASTICS 99
12.5 DIVERSIFIED STRUCTURAL COMPOSITES 101
12.6 FIBROLUX GMBH 103
12.7 JAMCO CORPORATION 105
12.8 FIBERGRATE COMPOSITE STRUCTURE INC. 108
12.9 JIANGSU JIUDING NEW MATERIAL CO. LTD. 110
12.10 FAIGLE KUNSTSOFFE GMBH 112
12.11 GLASFORMS INC. 113
*Details on Business Overview, Products and Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

13 APPENDIX 114
13.1 OTHER DEVELOPMENTS 114
13.2 INSIGHTS OF INDUSTRY EXPERTS 115
13.3 DISCUSSION GUIDE 116
13.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 118
13.5 AVAILABLE CUSTOMIZATIONS 118
13.6 RELATED REPORTS 119


LIST OF TABLES

TABLE 1 PULTRUSION MARKET SIZE (VOLUME and VALUE), 2013-2020 25
TABLE 2 IMPACT ANALYSIS OF DRIVERS 37
TABLE 3 IMPACT ANALYSIS OF RESTRAINTS 38
TABLE 4 IMPACT ANALYSIS OF OPPORTUNITIES 39
TABLE 5 IMPACT ANALYSIS OF CHALLENGES 40
TABLE 6 PULTRUSION MARKET SIZE, BY FIBER TYPE, 2013-2020 (KILOTONS) 48
TABLE 7 PULTRUSION MARKET SIZE, BY FIBER TYPE, 2013-2020 (USD MILLION) 48
TABLE 8 GLASS FIBER PULTRUSION MARKET SIZE, BY REGION, 2013-2020 (KILOTONS) 49
TABLE 9 GLASS FIBER PULTRUSION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 50
TABLE 10 CARBON FIBER PULTRUSION MARKET SIZE, BY REGION, 2013-2020 (KILOTONS) 50
TABLE 11 CARBON FIBER PULTRUSION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 51
TABLE 12 OTHER FIBERS PULTRUSION MARKET SIZE, BY REGION, 2013-2020 (KILOTONS) 52
TABLE 13 OTHER FIBER PULTRUSION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION ) 52
TABLE 14 PULTRUSION MARKET SIZE, BY RESIN TYPE, 2013-2020 (KILOTONS) 54
TABLE 15 PULTRUSION MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 54
TABLE 16 POLYESTER RESIN BASED PULTRUSION MARKET SIZE, BY REGION,
2013-2020 (KILOTONS) 55
TABLE 17 POLYESTER RESIN BASED PULTRUSION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 56
TABLE 18 VINYL ESTER BASED PULTRUSION MARKET SIZE, BY REGION,
2013-2020 (KILOTONS) 56
TABLE 19 VINYL ESTER BASED PULTRUSION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 57
TABLE 20 POLYURETHANE BASED PULTRUSION MARKET SIZE, BY REGION,
2013-2020 (KILOTONS) 57
TABLE 21 POLYURETHANE BASED PULTRUSION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION ) 58
TABLE 22 OTHER RESIN BASED PULTRUSION MARKET SIZE, BY REGION,
2013-2020 (KILOTONS) 59
TABLE 23 OTHER RESIN BASED PULTRUSION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 59
TABLE 24 PULTRUSION MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS) 61
TABLE 25 PULTRUSION MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 61
TABLE 26 PULTRUSION MARKET IN INDUSTRIAL APPLICATION, BY REGION,
2013-2020 (KILOTONS) 62
TABLE 27 PULTRUSION MARKET IN INDUSTRIAL APPLICATION, BY REGION,
2013-2020 (USD MILLION) 63
TABLE 28 PULTRUSION MARKET IN HOUSING APPLICATION, BY REGION,
2013-2020 (KILOTONS) 63
TABLE 29 PULTRUSION MARKET IN HOUSING APPLICATION, BY REGION,
2013-2020 (USD MILLION) 64
TABLE 30 PULTRUSION MARKET IN CIVIL ENGINEERING APPLICATION, BY REGION,
2013-2020 (KILOTONS) 65
TABLE 31 PULTRUSION MARKET IN CIVIL ENGINEERING APPLICATION, BY REGION,
2013-2020 (USD MILLION ) 65
TABLE 32 PULTRUSION MARKET IN CONSUMER APPLICATION, BY REGION,
2013-2020 (KILOTONS) 66
TABLE 33 PULTRUSION MARKET IN CONSUMER APPLICATION, BY REGION,
2013-2020 (USD MILLION) 67
TABLE 34 PULTRUSION MARKET IN OTHER APPLICATIONS, BY REGION,
2013-2020 (KILOTONS) 67
TABLE 35 PULTRUSION MARKET IN OTHER APPLICATIONS, BY REGION,
2013-2020 (USD MILLION) 68
TABLE 36 PULTRUSION MARKET SIZE, BY REGION, 2013-2020 (KILO TON) 70
TABLE 37 PULTRUSION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 71
TABLE 38 ASIA-PACIFIC: PULTRUSION MARKET SIZE, BY COUNTRY, 2013-2020 (KILO TON) 73
TABLE 39 ASIA-PACIFIC: PULTRUSION MARKET SIZE, BY COUNTRY,
2013-2020 (USD MILLION ) 73
TABLE 40 ASIA-PACIFIC: PULTRUSION MARKET SIZE, BY APPLICATION,
2013-2020 (KILO TON) 73
TABLE 41 ASIA-PACIFIC: PULTRUSION MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 74
TABLE 42 ASIA-PACIFIC: PULTRUSION MARKET SIZE, BY FIBER TYPE, 2013-2020 (KILO TON) 74
TABLE 43 ASIA-PACIFIC: PULTRUSION MARKET SIZE, BY FIBER TYPE,
2013-2020 (USD MILLION) 75
TABLE 44 ASIA-PACIFIC: PULTRUSION MARKET SIZE, BY RESIN TYPE, 2013-2020 (KILO TON) 75
TABLE 45 ASIA-PACIFIC: PULTRUSION MARKET SIZE, BY RESIN TYPE,
2013-2020 (USD MILLION) 75
TABLE 46 NORTH AMERICA: PULTRUSION MARKET SIZE, BY COUNTRY,
2013-2020 (KILO TON) 77
TABLE 47 NORTH AMERICA: PULTRUSION MARKET SIZE, BY COUNTRY,
2013-2020 (USD MILLION) 77
TABLE 48 NORTH AMERICA: PULTRUSION MARKET SIZE, BY APPLICATION,
2013-2020 (KILO TON) 77
TABLE 49 NORTH AMERICA: PULTRUSION MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 78
TABLE 50 NORTH AMERICA: PULTRUSION MARKET SIZE, BY FIBER TYPE,
2013-2020 (KILO TON) 78
TABLE 51 NORTH AMERICA: PULTRUSION MARKET SIZE, BY FIBER TYPE,
2013-2020 (USD MILLION) 78
TABLE 52 NORTH AMERICA: PULTRUSION MARKET SIZE, BY RESIN TYPE,
2013-2020 (KILO TON) 79
TABLE 53 NORTH AMERICA: PULTRUSION MARKET SIZE, BY RESIN TYPE,
2013-2020 (USD MILLION) 79
TABLE 54 EUROPE: PULTRUSION MARKET SIZE, BY COUNTRY, 2013-2020 (KILO TON) 80
TABLE 55 EUROPE: PULTRUSION MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION) 80
TABLE 56 EUROPE: PULTRUSION MARKET SIZE, BY APPLICATION, 2013-2020 (KILO TON) 80
TABLE 57 EUROPE: PULTRUSION MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 81
TABLE 58 EUROPE: PULTRUSION MARKET SIZE, BY TYPE, 2013-2020 (KILO TON) 81
TABLE 59 EUROPE: PULTRUSION MARKET SIZE, BY FIBER TYPE, 2013-2020 (USD MILLION) 81
TABLE 60 EUROPE: PULTRUSION MARKET SIZE, BY RESIN TYPE, 2013-2020 (KILO TON) 82
TABLE 61 EUROPE: PULTRUSION MARKET SIZE, BY RESIN TYPE, 2013-2020 (USD MILLION) 82
TABLE 62 ROW: PULTRUSION MARKET SIZE, BY COUNTRY, 2013-2020 (KILO TON) 83
TABLE 63 ROW: PULTRUSION MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION) 83
TABLE 64 ROW: PULTRUSION MARKET SIZE, BY APPLICATION, 2013-2020 (KILO TON) 84
TABLE 65 ROW: PULTRUSION MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 84
TABLE 66 ROW: PULTRUSION MARKET SIZE, BY FIBER TYPE, 2013-2020 (KILO TON) 84
TABLE 67 ROW: PULTRUSION MARKET SIZE, BY FIBER TYPE, 2013-2020 (USD MILLION) 85
TABLE 68 ROW: PULTRUSION MARKET SIZE, BY RESIN TYPE, 2013-2020 (KILO TON) 85
TABLE 69 ROW: PULTRUSION MARKET SIZE, BY RESIN TYPE, 2013-2020 (USD MILLION) 85
TABLE 70 PARTNERSHIPS, AGREEMENTS, JOINT VENTURES and COLLABORATIONS,
2014-2015 89
TABLE 71 INVESTMENTS and EXPANSIONS, 2010-2013 90
TABLE 72 NEW PRODUCT LAUNCHES, 2014 90
TABLE 73 ACQUISITIONS, 2012-2013 91


LIST OF FIGURES

FIGURE 1 PULTRUSION MARKET SEGMENTATION 14
FIGURE 2 PULTRUDED PRODUCTS MARKET: RESEARCH DESIGN 16
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, and REGION 19
FIGURE 1 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 20
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 21
FIGURE 3 MARKET BREAKDOWN and DATA TRIANGULATION 22
FIGURE 4 INDUSTRIAL SEGMENT SET TO DRIVE THE PULTRUSION MARKET FROM
2015 TO 2020 25
FIGURE 5 ASIA-PACIFIC DOMINATED THE PULTRUSION MARKET, BY VALUE (2014) 26
FIGURE 6 POLYESTER RESIN TYPE IS PREFERABLY USED FOR PULTRUSION 26
FIGURE 7 ATTRACTIVE MARKET OPPORTUNITIES IN PULTRUSION MARKET, 2015-2020 28
FIGURE 8 POLYESTER IS THE MAJOR RESIN TYPE TO BE USED IN PULTRUSION MARKET BETWEEN 2015 AND 2020 28
FIGURE 9 ASIA-PACIFIC DOMINATES THE GLOBAL PULTRUSION APPLICATION MARKET 29
FIGURE 10 U.S. AND CHINA COMMAND MAJOR SHARE OF THE PULTRUSION MARKET 30
FIGURE 11 INDUSTRIAL SECTOR PROJECTED TO DOMINATE THE ASIA-PACIFIC PULTRUSION MARKET FROM 2015 TO 2020 31
FIGURE 12 INDUSTRIAL APPLICATIONS ARE EXPECTED TO GROW AT THE HIGHEST PACE FROM 2015 TO 2020 32
FIGURE 13 DEVELOPMENT AND COMMERCIALIZATION OF PULTRUSION FOR INDUSTRY APPLICATIONS 33
FIGURE 14 PULTRUSION MARKET, BY FIBER TYPE 34
FIGURE 15 PULTRUSION MARKET, BY RESIN TYPE 34
FIGURE 16 PULTRUSION MARKET, BY APPLICATION 35
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN PULTRUSION MARKET 36
FIGURE 18 VALUE CHAIN ANALYSIS: MOST VALUE IS ADDED DURING RAW MATERIAL PHASE 41
FIGURE 19 RAW MATERIAL ANALYSIS OF CARBON FIBER COMPOSITES 43
FIGURE 20 RAW MATERIAL ANALYSIS OF ARAMID FIBER COMPOSITES 43
FIGURE 21 PORTER'S FIVE FORCES: INTENSITY OF RIVALRY IS HIGH DUE TO PRESENCE OF LARGE NUMBER OF PLAYERS 44
FIGURE 22 GLASS FIBER DOMINATES THE PULTRUSION MARKET, 2015 VS. 2020 49
FIGURE 23 CARBON FIBER IN NORTH AMERICA IS EXPECTED TO GROW AT A FASTER RATE, 2015-2020 51
FIGURE 24 POLYESTER RESIN TO OUTPACE OTHER RESINS IN PULTRSUION MARKET, 2015 VS. 2020 55
FIGURE 25 POLYURETHANE BASED PULTRUSION IN ASIA-PACIFIC IS EXPECTED TO GROW AT A FASTER RATE, 2015-2020 58
FIGURE 26 INDUSTRIAL APPLICATIONS TO DOMINATE DURING THE FORECAST PERIOD 62
FIGURE 27 NORTH AMERICA IS EXPECTED TO DOMINATE THE PULTRUSION MARKET HOUSING APPLICATIONS 64
FIGURE 28 ASIA-PACIFIC PULTRUSION MARKET IN CONSUMER APPLICATIONS IS EXPECTED TO GROW AT A FASTER RATE, 2015-2020 66
FIGURE 29 REGIONAL SNAPSHOT-INDIA IS EXPECTED TO DRIVE THE PULTRUSION MARKET DURING THE FORECAST PERIOD (2015-2020) 70
FIGURE 30 ASIA-PACIFIC PULTRUSION MARKET SNAPSHOT- CHINA IS THE MOST LUCRATIVE MARKET 72
FIGURE 31 U.S. IS THE KEY MARKET FOR THE PULTRUSION MARKET IN NORTH AMERICA 76
FIGURE 32 INDUSTRIAL APPLICATIONS ARE EXPECTED TO DRIVE THE PULTRUSION MARKET IN THE ROW REGION FROM 2015 TO 2020 83
FIGURE 33 COMPANIES PREFERRED INORGANIC GROWTH STRATGIES OVER THE PERIOD OF 2011-2015 87
FIGURE 34 PARTNERSHIPS and AGREEMENTS IS THE KEY STRATEGY ADOPTED BY MAJOR PLAYERS IN PULTRUSION INDUSTRION 88
FIGURE 35 REGIONAL REVENUE MIX OF TOP 3 MARKET PLAYERS 92
FIGURE 36 STRONGWELL CORPORATION: SWOT ANALYSIS 94
FIGURE 37 EXEL COMPOSITES : COMPANY SNAPSHOT 96
FIGURE 38 EXEL COMPOSITES: SWOT ANALYSIS 97
FIGURE 39 BEDFORD REINFORCED PLASTICS: SWOT ANALYSIS 100
FIGURE 40 DIVERSIFIED STRUCTURAL COMPOSITES: SWOT ANALYSIS 102
FIGURE 41 FIBROLUX GMBH: SWOT ANALYSIS 104
FIGURE 42 JAMCO CORPORATION : COMPANY SNAPSHOT 105
FIGURE 43 JAMCO CORPORATION: SWOT ANALYSIS 107
FIGURE 44 FIBERGRATE COMPOSITE STRUCTURE INC: SWOT ANALYSIS 109
FIGURE 45 JIANGSU JIUDING NEW MATERIAL CO. LTD.: COMPANY SNAPSHOT 110

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