Global construction composites market expected to reach USD 8.03 billion in 2024, growing at a CAGR of 6% between 2018 and 2024. Construction composites possess some advanced properties such as design flexibility, durability, low weight, corrosion resistance, and impact resistance.
The report covers the global and regional level estimation and analysis of the construction composites market. The study provides forecasts from 2018 to 2024 along with historical data from 2015 to 2017 based on volume (Kiloton) and revenue (USD Billion). The study includes major drivers and restraints for the construction composites market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the construction composites market on a global level.
For providing the users of this report with a comprehensive view of the construction composites, we have included a product portfolio of key vendors and a detailed competitive scenario. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the construction composites market has also been included. The construction composites market report covers an in-depth study of the global and regional market and market attractiveness analysis, wherein application segments are benchmarked based on their growth rate, general attractiveness, and market size.
The study provides a decisive view of the construction composites market by segmenting the market based on fiber type, resin fiber type, and application. The market is estimated from 2018 to 2024 and all the segments have been analyzed based on future and present trends. On the basis of fiber type, the market has been segmented into glass fiber, carbon fiber, and others. In terms of resin fiber, the market is categorized into polypropylene, vinyl ester, polyester, and polyethylene. In terms of application, the construction composites market is segmented into commercial, industrial, residential, and others. The regional segmentation includes the current and forecasted demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The key manufacturers in the global construction composites market are Hughes Brothers, Inc., Schoeck International, Advanced Environmental Recycling Technologies, Inc., Jamco Corporation, UPM Biocomposites, Exel Composites Oyj, Bedford Reinforced Plastics, Diversified Structural Composites, Strongwell Corporation, and Trex Company, Inc.
This report segments the construction composites market as follows:
List of Figures
1. Global construction composites market segmentation by fiber type, resin type, application, and geography
2. Global construction composites market, 2017 - 2024 (Kilo Tons) (USD Billion)
3. Porter’s five forces analysis: Construction Composites market
4. Global construction composites market attractiveness, by fiber type, 2017
5. Global construction composites market attractiveness, by resin type, 2017
6. Global construction composites market attractiveness, by application, 2017
7. Global construction composites market attractiveness, by region, 2017
8. Global construction composites market volume share, by fiber type, 2017 – 2024
9. Global construction composites market by glass fiber, 2017 – 2024 (Kilo Tons) (USD Billion)
10. Global construction composites market by carbon fiber, 2017 – 2024 (Kilo Tons) (USD Billion)
11. Global construction composites market by another fiber type, 2017 – 2024 (Kilo Tons) (USD Billion)
12. Global construction composites market volume share, by resin type, 2017 – 2024
13. Global construction composites market by polypropylene, 2017 – 2024 (Kilo Tons) (USD Billion)
14. Global construction composites market by a vinyl ester, 2017 – 2024 (Kilo Tons) (USD Billion)
15. Global construction composites market by polyester, 2017 – 2024 (Kilo Tons) (USD Billion)
16. Global construction composites market by polyethylene, 2017 – 2024 (Kilo Tons) (USD Billion)
17. Global construction composites market volume share, by application, 2017 -2024
18. Global construction composites market for commercial, 2017 – 2024 (Kilo Tons) (USD Billion)
19. Global construction composites market for industrial, 2017 – 2024 (Kilo Tons) (USD Billion)
20. Global construction composites market for residential, 2017 – 2024 (Kilo Tons) (USD Billion)
21. Global construction composites market for other application, 2017 – 2024 (Kilo Tons) (USD Billion)
22. Global construction composites market volume share, by region, 2017 - 2024
23. North America construction composites market, 2017 - 2024, (Kilo Tons) (USD Billion)
24. U.S. construction composites market, 2017 - 2024, (Kilo Tons) (USD Billion)
25. Europe construction composites market, 2017 - 2024, (Kilo Tons) (USD Billion)
26. UK construction composites market, 2017 - 2024, (Kilo Tons) (USD Billion)
27. France construction composites market, 2017 - 2024, (Kilo Tons) (USD Billion)
28. Germany construction composites market, 2017 - 2024, (Kilo Tons) (USD Billion)
29. Asia Pacific construction composites market, 2017 - 2024 (Kilo Tons) (USD Billion)
30. China construction composites market, 2017 - 2024, (Kilo Tons) (USD Billion)
31. Japan construction composites market, 2017 - 2024, (Kilo Tons) (USD Billion)
32. India construction composites market, 2017 - 2024, (Kilo Tons) (USD Billion)
33. Latin America construction composites market, 2017 - 2024 (Kilo Tons) (USD Billion)
34. Brazil construction composites market, 2017 - 2024, (Kilo Tons) (USD Billion)
35. The Middle East & Africa construction composites market, 2017-2024 (Kilo Tons) (USD Billion)
List of Tables
1. Global construction composites market snapshot
2. Drivers for construction composites market: Impact analysis
3. Restraints of construction composites market: Impact analysis
4. North America construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
5. North America construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
6. North America construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
7. North America construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
8. North America construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
9. North America construction composites market revenue, by application, 2017 – 2024 (USD Billion)
10. U.S. construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
11. U.S. construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
12. U.S. construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
13. U.S. construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
14. U.S. construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
15. U.S. construction composites market revenue, by application, 2017 – 2024 (USD Billion)
16. Europe construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
17. Europe construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
18. Europe construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
19. Europe construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
20. Europe construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
21. Europe construction composites market revenue, by application, 2017 – 2024 (USD Billion)
22. UK construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
23. UK construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
24. UK construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
25. UK construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
26. UK construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
27. UK construction composites market revenue, by application, 2017 – 2024 (USD Billion)
28. France construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
29. France construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
30. France construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
31. France construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
32. France construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
33. France construction composites market revenue, by application, 2017 – 2024 (USD Billion)
34. Germany construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
35. Germany construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
36. Germany construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
37. Germany construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
38. Germany construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
39. Germany construction composites market revenue, by application, 2017 – 2024 (USD Billion)
40. Asia Pacific construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
41. Asia Pacific construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
42. Asia Pacific construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
43. Asia Pacific construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
44. Asia Pacific construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
45. Asia Pacific construction composites market revenue, by application, 2017 – 2024 (USD Billion)
46. China construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
47. China construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
48. China construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
49. China construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
50. China construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
51. China construction composites market revenue, by application, 2017 – 2024 (USD Billion)
52. Japan construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
53. Japan construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
54. Japan construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
55. Japan construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
56. Japan construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
57. Japan construction composites market revenue, by application, 2017 – 2024 (USD Billion)
58. India construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
59. India construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
60. India construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
61. India construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
62. India construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
63. India construction composites market revenue, by application, 2017 – 2024 (USD Billion)
64. Latin America construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
65. Latin America construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
66. Latin America construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
67. Latin America construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
68. Latin America construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
69. Latin America construction composites market revenue, by application, 2017 – 2024 (USD Billion)
70. Brazil construction composites market volume, by fiber type, 2017 – 2024 (Kilo Tons)
71. Brazil construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
72. Brazil construction composites market volume, by resin type, 2017 – 2024 (Kilo Tons)
73. Brazil construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
74. Brazil construction composites market volume, by application, 2017 – 2024 (Kilo Tons)
75. Brazil construction composites market revenue, by application, 2017 – 2024 (USD Billion)
76. Middle East & Africa construction composites market volume, by fiber type, 2017– 2024 (Kilo Tons)
77. Middle East & Africa construction composites market revenue, by fiber type, 2017 – 2024 (USD Billion)
78. Middle East & Africa construction composites market volume, by resin type, 2017– 2024 (Kilo Tons)
79. Middle East & Africa construction composites market revenue, by resin type, 2017 – 2024 (USD Billion)
80. Middle East & Africa construction composites market volume, by application, 2017– 2024 (Kilo Tons)
81. The Middle East & Africa construction composites market revenue, by application, 2017 – 2024 (USD Billion)
Construction composites skillfully arrange various materials together to form the single entity with improved and advanced properties than the materials in the composite. These materials are widely used in various applications such as industrial, automotive, wind energy, marine, and aerospace.
Increased use of the composites in the construction sector and the less maintenance cost and long shelf life provided by the composites are expected to drive the global construction composites market. Moreover, economic growth and rapid urbanization in both developed and emerging economies are estimated to boost the construction composites market. However, high initial installation and production costs for composites and issues of recyclability are anticipated to impede the growth of the market. Nevertheless, the increased demand for the construction composites in the civil applications and rising demand in pultruded profiles are likely to set new wings to the global construction composites within the years to come.
The construction composites market is classified into fiber type, resin type, application, and region. In terms of fiber type, the market is categorized into the glass fiber, carbon fiber, and others. The carbon fiber segment accounted for the largest market share in 2017. It is anticipated to be the dominating segment in the near future. In terms of resin type, the market is categorized into polypropylene, vinyl ester, polyester, and polyethylene. In terms of application, construction composites market is segmented into commercial, industrial, residential, and others. Industrial application accounted for the largest market share in 2017. Rapid usage of composites for walkways, ladders, trash gates, stairways, and gratings in the industrial applications, due to the moisture-proof and anti-corrosion properties of composites has fueled the demand for the construction composites market during the forecast period.
The Asia Pacific is the largest market for the construction composites market followed by Europe and North America. The major rising markets and the developments are registered in the developing and developed regions such as China, Japan, Indonesia, South Korea, and India. The expansion in the demand for production and the low cost of ownership is fuelling the market growth in the Asia Pacific. Some of the other factors which are boosting the market in the region are the rising infrastructure industry, increasing disposable income of the middle-class population, growing investments for the construction and developments of the big infrastructure projects in the region. The Middle East & Africa and Latin America are projected to witness significant demand in coming years, owing to the growing construction industry in the region.
The key manufacturers in the global construction composites market are Hughes Brothers, Inc., Schoeck International, Advanced Environmental Recycling Technologies, Inc., Jamco Corporation, UPM Biocomposites, Exel Composites Oyj, Bedford Reinforced Plastics, Diversified Structural Composites, Strongwell Corporation, and Trex Company, Inc.
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