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Construction Composites Market by Fiber Type, Resin Type, Application - Global Forecast to 2026

Construction Composites Market: Global Forecast until 2026

  • November 2016
  • 157 pages
  • ID: 4360127
In this report:
Agreements and new product launches are the key strategies adopted by the industry players to maintain their position in the construction composites market, accounting for ##% and ##% shares, respectively, of all growth strategies adopted between 2011 and 2016.
The increasing use of construction composites in various applications is expected to drive the Brazilian construction composites market, registering CAGRs of ##.##% and ##.##%, in terms of value and volume, between 2016 and 2021.

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"The construction composites market is expected to register a compound annual growth rate (CAGR) of 5.80% during the forecast horizon"

The construction composites market is estimated to grow ~$6.7B by 2021, at a compound annual growth rate of ~5.8 percent from 2016 to 2021. The main drivers stimulating the construction composites market are, the growth in the penetration of composites in the construction industry, quick urbanization & economic boom in emerging countries, and the long life & low maintenance cost of construction composites, and the development of innovative products. The main restraining factors of this market contain, high initial production & installation costs of construction composites and issues associated to recyclability.

"Industrial is the quickest increasing application segment in the construction composites market, in terms of value importance."

Market is the top driver of the construction composites market, as these composites offer complete solutions for use in highly corrosive fluids and harsh environmental conditions at several temperatures, pressures, adverse weather, and soil conditions. In civil and industrial applications, composites play an important role in designing and production of complex components. Composites offer high strength and rigidity in comparison to traditional materials including steel and other metallic alloys.

"North America (NA) is the quickest increasing market for construction composites"

North America continent is anticipated to be the quickest developing market for construction composites during the upcoming five years. The main factors that are anticipated to contribute to this increase are the growing urbanization and industrialization. Also, the rising penetration of construction composites in construction activities in North America (NA) is driving the industry demand for construction composites.

This analysis has been approved through primaries managed with different market experts, globally. Those primary sources have been sliced into the following three categories:

- By type of company- tier 1 35.0 percent, Tier 2 25.0 percent, and Tier 3 40.0 percent

- By designation- C Level- 30.0 percent, Director Level- 25.0 percent, and Others- 45.0 percent

- By region- North america (NA)- 30%, EU- 25.0 percent, Asia-pac- 30%, Middle East area & African continent - 10.0 percent and Latin America area - 5.0 percent

Segment Research

This business report includes the overall construction composites market and forecasts the market value until 2021. The market research includes the market segmentation by resin type (polyester, vinyl ester, polyethylene, polypropylene and others), by fiber type (glass and natural fiber and others), by application (industrial, commercial, housing and civil) and area (North America continent, Europe (EU), Asia Pacific (APAC), Middle East (ME) & African continent and Latin America area). Porter's five analysis together with the drivers, industry restraints, opportunities and possibilities have been discussed in the industry report. It also offers company descriptions and competitive landscape approved by the main market players in the overall construction composites market.

Why acquiring this study can help you:

The analysis will facilitate industry top players/new sector entrants in this sector in these ways:

1. This document breaks down the overall construction composites market comprehensively and offers the closest approximations of the revenues for the global market and the sub-segments across several verticals and localities.

2. The market research benefits partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to better find out players and obtain additional insights to better their positions in their businesses. The competitive outlook section includes the competitor ecosystem, new industry product developments, alliances, and mergers & acquisitions.

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