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Thursday, August 8, 2024

Lucintel Forecasts Composites in European Construction Market to Reach $3 Billion by 2030

According to the recent study the composites in European construction market is projected to reach an estimated $3 billion by 2030 from $2 billion in 2023 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by the growing demand for construction activities due to decrease in unemployment, increased inflow of public and private investment and growth in residential construction to infrastructure sector.

Browse 107 figures/charts and 68 tables in this 205-page report to understand trends, opportunities and forecast in composites in European construction market by application (FRP panels and sheets, FRP grating and decking, FRP doors and windows, etc.), resin type (polyester based composites, vinyl ester based composites, epoxy based composites, and others), fiber type(glass fiber composites, carbon fiber composites and others), and manufacturing process (hand lay-up, spray-up, resin infusion, filament winding, and others.)

Lucintel forecasts that FRP bathtubs will remain the largest application over the forecast period due to the increase in the housing construction increase in the demand for luxury factors, and rise in household income.

Compression molding will remain the largest manufacturing process over the forecast period due to its growing demand in different end use industries and applications.

Download sample by clicking on composites in European construction market.

Lamilux, FiReP International, FUCHS Europoles, TB Davies, Exel Composites are the major suppliers in the composites in European construction market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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