Lucintel Forecasts Chinese Pultrusion Market to Reach $0.6 Million by 2028

According to the recent study the Chinese pultrusion market is projected to reach an estimated $0.6 billion by 2028 from $0.5 billion in 2022, at a CAGR of 4.9% from 2022 to 2028. Growth in this market is primarily driven by increased demand from end use industry, such as industrial processing, electrical and electronics and automotive segments.

Browse 79 figures/charts and 58 tables in this 159-page report to understand trends, opportunities and forecast in Chinese pultrusion market by application (window profile, rebar, ladder rails, cable trays, electrical insulators, decking, grating, road maker, sporting goods, tool handles, utility poles, structural shapes, transportation, wind energy, and others), and end use industry (electrical and electronics, construction, consumer goods, transportation, wind energy, and others).

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https://www.lucintel.com/chinese-pultrusion-market.aspx

“Structural shapes market is expected to remain the largest segment during the forecast period.”

Based on application, the Chinese pultrusion market is segmented into window profile, rebar, ladder rails, cable trays, electrical insulators, decking, grating, road maker, sporting goods, tool handles, utility poles, structural shapes, transportation, wind energy, and others. Lucintel forecasts that the structural shapes market is expected to remain the largest segment due to the increasing use of pultruded products for its physical and mechanical properties such as high strength, chemical resistance, and low thermal expansion.

“Within the Chinese pultrusion market, the construction segment is expected to remain the largest end use.”

Based on end use the construction segment is expected to witness the highest growth over the forecast period due to the increasing construction spending in Chinese, in light of the supportive regulations to promote infrastructural development.

Download Brochure of this report by clicking on https://www.lucintel.com/chinese-pultrusion-market.aspx.

Major players of Chinese pultrusion market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Excel Composites (Nanjing Jianhui Composite Material), Changzhou Lianke Advanced Composites Co., Ltd, Jiangsu Jiuding New Material, JAMCO Corporation, Nanjing Spare Composites, ChineseGrate Composite Structures (Nantong) Ltd., and Xinbo Corporation are among the major Chinese pultrusion providers.

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 click on this link https://www.lucintel.com/chinese-pultrusion-market.aspx or helpdesk@lucintel.com.

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. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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