Global Construction Composites Market is projected to reach USD 8.22 Billion by 2023, at a CAGR of over 6%, during the forecast period, 2018 and 2023 owing to increasing urbanization, growing industrialization, growing investments in innovations, growing requirement for low-maintenance and growing construction industry. Based on resin type, the market has been segmented into Polyester Resin, Polypropylene, Polyethylene and Others. The Polypropylene resin construction composites market is projected to dominate the market during the forecast period owing to its various properties like excellent electrical insulation and good performance at elevated temperatures, lower styrene emissions and so on. Based on fibre type, the market has been categorised into Natural Fibre, Glass Fibre and Others. In 2024-2032, the glass fibre segment dominated the market in terms of value and volume owing to the growing demand from applications such as industrial, commercial etc. The leading market players in the global construction composites market are Exel Composites Oyj, Hughes Brothers Inc., Bedford Reinforced Plastics, among others.
Years considered for this report
Historical Years2013-2016
Base Year2024-2032
Estimated Year2018
Forecast Period2018–2023
Objective of the Study
- To analyse and forecast the market size of Construction Composites Market, in terms of value and volume.
- To classify and forecast Global Construction Composites Market based on resin type, fibre type, application and regional distribution.
- To identify drivers and challenges for Global Construction Composites Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Construction Composites Market.
- To conduct the pricing analysis for Construction Composites Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Construction Composites Market.
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Some of the leading players in the Global Construction Composites Market are Exel Composites, Strongwell Corporation, Advanced Environmental Recycling Technologies Inc. (AERT), Hughes Brothers Inc., Schoeck International, Jiangsu Jiuding New Material Co. Ltd., Trex Company Inc., UPM Biocomposites, Bedford Reinforced Plastics, Diversified Structural Composites etc.
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the suppliers which could not be identified due to the limitations of secondary research. Market insights research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
Market insights research calculated the market size of Global
Key Target Audience
- Construction Composites Manufacturers
- Traders, Distributors, and Suppliers
- Raw Material Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.