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GLOBAL CONSTRUCTION COMPOSITES MARKET FORECAST 2017-2026

GLOBAL CONSTRUCTION COMPOSITES MARKET FORECAST 2017-2026

  • December 2017
  • 112 pages
  • ID: 5242349
  • Format: PDF
  • By Inkwood Research

Summary

Table of Contents

KEY FINDINGS
The escalating demand for composites in the construction sector is a major factor responsible for driving the demand for global construction composites market. By the end of the forecast years of 2017-2026, the market is expected to register a healthy CAGR of 5.74%.

MARKET INSIGHTS
The segmentation of the global construction composites market is done according to its resin type, fiber type, and end-users. The resin type segment of the market is further divided into thermoset and thermoplastic resins. Presently, the thermoplastics are leading this segment. The different fiber types for these construction composites include natural fiber, glass fiber, and others. The several end-users for the market are classified under commercial, industrial, civil and housing.

REGIONAL INSIGHTS
Asia Pacific, Europe, North America and rest of world are the regions in which the global construction composites market has been classified. Of these, the North American market is predicted to register the fastest growth over the course of the forecast period. A growing trend for ‘green construction’ in order to consciously reduce the carbon footprint is a major driving force for this market.

The Asia-Pacific region is expected to capture the greatest share of the global market by the end of the forecast period. The region has experienced heavy investments from private sectors for non-residential as well as infrastructure applications. China is expected to be a prominent market in this region.

COMPETITIVE INSIGHTS
Some of the leading global manufacturers for construction composites include Exel Composites, Strongwell Corporation, Trex Company Inc, Bedford Reinforced Plastics, Upm Biocomposites, Advanced Environmental Recycling Technologies, Inc (Aert), Diversified Structural Composites Inc, Hughes Brothers Inc, Schoeck International, Fibergrate Composite Structures Inc, Jiangsu Jiuding New Material Co Ltd, Fiberon Llc, Timbertech Limited, Fibrolux Gmbh, and CPG International.

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