According to a market report by Lucintel, the future of the composites in the global construction market looks promising with opportunities in in FRP panel and sheets, FRP grating and decking, FRP doors and windows, FRP rebar, FRP utility poles, FRP bathtub, FRP cooling towers, FRP ladders and ladder rails, FRP swimming pools, and FRP structural shapes applications. The composites in the global construction market is expected to reach an estimated $22 billion by 2035 with a CAGR of 4% from 2025 to 2035. The major growth drivers for this market are the increasing residential and commercial construction and growth in remolding activities.
A more
than 150-page report to understand trends, opportunity and forecast in the composites
in the global construction market to 2035 by application (FRP panels and
sheets, FRP grating and decking, FRP doors and windows, FRP rebar, FRP utility
poles, FRP bathtubs, and other applications), resin (polyester based
composites, vinyl ester based composites, epoxy based composites, phenolic
based and other resins), fiber (glass fiber composites and carbon fiber
composites and other fibers), manufacturing process (hand layup, spray up,
resin infusion, filament winding, pultrusion, and other manufacturing
processes), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel
forecasts that FRP bathtubs will remain the largest application segment over
the forecast period due to the increase in the housing construction increase in
the demand for luxury plumbing fixtures, and rise in household income.
Spray-Up
in composites in the global construction market will remain the largest
manufacturing process over the forecast period due to its wide variety of
applications in different end use industries.
Lucintel
forecasts that glass fiber in composites in the global construction market will
remain the largest fiber segment over the forecast period due to its excellent
strength to weight ratio, environmental advantages, and cost-effectiveness.
Download
sample by clicking on composites
in the global construction market.
Asia
Pacific is expected to remain the largest region and witness the highest growth
over the forecast period due to rapid industrialization, increasing
urbanization, and growing per capita income in the emerging countries is giving
rise to residential and commercial construction.
Strongwell
Corporation, Bedford Reinforced Plastics, Crane Composites Inc. (KPS Capital),
Lamilux Heinrich Strunz Holding GmbH & Co. KG, Fibrosan, Petrofisa do
Brasil Ltda., Creative Composites Group, Valmont Industries, Geotek, Andersen,
FiReP International AG, Exel Composites, Pultron Composites, Jeld-Wen, Leisure
Pools, WernerCo. are the major suppliers in the composites in the global 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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