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Construction Composites Market by Fiber Type (Glass Fiber, Carbon Fiber, and Others), by Resin Type (Polypropylene, Vinyl Ester, Polyester, and Polyethylene), and by Application (Commercial, Industrial, Residential, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

Published Date: 31-Jul-2018 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-959 Status : Published

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.

Description

The report covers the global and regional level estimation and analysis for the construction composites market. The study provides forecast from 2018 to 2024 along with historical data from 2015 to 2017 based on volume (Kilotons) 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 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 global and regional market and market attractiveness analysis, wherein application segments are benchmarked based on their growth rate, general attractiveness, and market size.

Global Construction Composites Market

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 the 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: 

Construction Composites Market: Fiber Type

  • Glass fiber
  • Carbon fiber
  • Others

Construction Composites Market: Resin Type

  • Polypropylene
  • Vinyl Ester
  • Polyester
  • Polyethylene

Construction Composites Market: Application Analysis

  • Commercial
  • Industrial
  • Residential
  • Others

Construction Composites Market: Region Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global construction composites market, 2015 - 2024 (Kilo Tons)(USD Billion)
    • 2.2. Global construction composites market: Snapshot
  •  
  • Chapter 3. Construction Composites - Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Rising composites use for construction
      • 3.2.2. Little maintenance cost and long lifecycle
      • 3.2.3. Economic growth and rapid urbanization and in developing and emerging economies
    • 3.3. Market Restraints
      • 3.3.1. High Initial installation and production costs for composites
      • 3.3.2. Issues of recyclability
    • 3.4. Opportunities
      • 3.4.1. Increasing demand in North America in civil applications for composites
      • 3.4.2. Rising demand in pultruded profiles
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by fiber type
      • 3.6.2. Market attractiveness analysis by resin type
      • 3.6.3. Market attractiveness analysis by application
      • 3.6.4. Market attractiveness analysis by region
  •  
  • Chapter 4. Construction Composites - Competitive Landscape
    • 4.1. Company market share analysis, 2017 (subject to data availability)
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Products Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
  •  
  • Chapter 5. Construction Composites Market - Fiber Type Analysis
    • 5.1. Global construction composites market: fiber type overview
      • 5.1.1. Global construction composites volume share by fiber type, 2017 and 2024
    • 5.2. Glass fiber
      • 5.2.1. Global construction composites market by glass fiber, 2015 - 2024 (Kilo Tons) (USD Billion)
    • 5.3. Carbon fiber
      • 5.3.1. Global construction composites market by carbon fiber, 2015 - 2024 (Kilo Tons) (USD Billion)
    • 5.4. Other Film Fiber Type
      • 5.4.1. Global construction composites market by other film fiber type, 2015 - 2024 (Kilo Tons) (USD Billion)
  •  
  • Chapter 6. Construction Composites Market - Resin Type Analysis
    • 6.1. Global construction composites market: fiber type overview
      • 6.1.1. Global construction composites volume share by resin type, 2017 and 2024
    • 6.2. Polypropylene
      • 6.2.1. Global construction composites market by polypropylene, 2015 - 2024 (Kilo Tons) (USD Billion)
    • 6.3. vinyl ester
      • 6.3.1. Global construction composites market by vinyl ester, 2015 - 2024 (Kilo Tons) (USD Billion)
    • 6.4. Polyester
      • 6.4.1. Global construction composites market by polyester, 2015 - 2024 (Kilo Tons) (USD Billion)
    • 6.5. Polyethylene
      • 6.5.1. Global construction composites market by polyethylene, 2015 - 2024 (Kilo Tons) (USD Billion)
  •  
  • Chapter 7. Construction Composites Market - Application Analysis
    • 7.1. Global construction composites market: application overview
      • 7.1.1. Global construction composites volume share by application, 2017 and 2024
    • 7.2. Commercial
      • 7.2.1. Global construction composites market for commercial, 2015 - 2024 (Kilo Tons) (USD Billion)
    • 7.3. Industrial
      • 7.3.1. Global construction composites market for industrial, 2015 - 2024 (Kilo Tons) (USD Billion)
    • 7.4. Residential
      • 7.4.1. Global construction composites market for residential, 2015 - 2024 (Kilo Tons) (USD Billion)
    • 7.5. Others
      • 7.5.1. Global construction composites market for other applications, 2015 - 2024 (Kilo Tons) (USD Billion)
  •  
  • Chapter 8. Construction Composites Market - Regional Analysis
    • 8.1. Global Construction Composites Market: Regional Overview
      • 8.1.1. Global Construction Composites Market Volume Share, by Region, 2017 and 2024
    • 8.2. North America
      • 8.2.1. North America construction composites market, 2017 - 2024 (Kilo Tons) (USD Billion)
      • 8.2.2. North America construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
      • 8.2.3. North America construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
      • 8.2.4. North America construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
      • 8.2.5. North America construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
      • 8.2.6. North America construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
      • 8.2.7. North America construction composites market revenue, by application, 2017
      • 8.2.8. - 2024 (USD Billion)
      • 8.2.9. U.S.
        • 8.2.9.1. U.S. construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
        • 8.2.9.2. U.S. construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
        • 8.2.9.3. U.S. construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
        • 8.2.9.4. U.S. construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
        • 8.2.9.5. U.S. construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
        • 8.2.9.6. U.S. construction composites market revenue, by application, 2017 - 2024 (USD Billion
    • 8.3. Europe
      • 8.3.1. Europe construction composites market, 2017 - 2024 (Kilo Tons) (USD Billion)
      • 8.3.2. Europe construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
      • 8.3.3. Europe construction composites market, by fiber type 2017 - 2024 (Kilo Tons) (USD Billion)
      • 8.3.4. Europe construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
      • 8.3.5. Europe construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
      • 8.3.6. Europe construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
      • 8.3.7. Europe construction composites market revenue, by application, 2017 - 2024 (USD Billion)
      • 8.3.8. UK
        • 8.3.8.1. UK construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
        • 8.3.8.2. UK construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
        • 8.3.8.3. UK construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
        • 8.3.8.4. UK construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
        • 8.3.8.5. UK construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
        • 8.3.8.6. UK construction composites market revenue, by application, 2017 - 2024 (USD Billion)
      • 8.3.9. France
        • 8.3.9.1. France construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
        • 8.3.9.2. France construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
        • 8.3.9.3. France construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
        • 8.3.9.4. France construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
        • 8.3.9.5. France construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
        • 8.3.9.6. France construction composites market revenue, by application, 2017 - 2024 (USD Billion)
        • 8.3.10. Germany
          • 8.3.10.1. Germany construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
          • 8.3.10.2. Germany construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
          • 8.3.10.3. Germany construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
          • 8.3.10.4. Germany construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
          • 8.3.10.5. Germany construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
          • 8.3.10.6. Germany construction composites market revenue, by application, 2017 - 2024 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia-Pacific construction composites market, 2017 - 2024 (Kilo Tons) (USD Billion)
      • 8.4.2. Asia-Pacific construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
      • 8.4.3. Asia-Pacific construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
      • 8.4.4. Asia-Pacific construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
      • 8.4.5. Asia-Pacific construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
      • 8.4.6. Asia-Pacific construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
      • 8.4.7. Asia-Pacific construction composites market revenue, by application, 2017 - 2024 (USD Billion)
      • 8.4.8. China
        • 8.4.8.1. China construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
        • 8.4.8.2. China construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
        • 8.4.8.3. China construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
        • 8.4.8.4. China construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
        • 8.4.8.5. China construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
        • 8.4.8.6. China construction composites market revenue, by application, 2017 - 2024 (USD Billion)
      • 8.4.9. Japan
        • 8.4.9.1. Japan construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
        • 8.4.9.2. Japan construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
        • 8.4.9.3. Japan construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
        • 8.4.9.4. Japan construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
        • 8.4.9.5. Japan construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
        • 8.4.9.6. Japan construction composites market revenue, by application, 2017 - 2024 (USD Billion)
      • 8.4.10. India
        • 8.4.10.1. India construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
        • 8.4.10.2. India construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
        • 8.4.10.3. India construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
        • 8.4.10.4. India construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
        • 8.4.10.5. India construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
        • 8.4.10.6. India construction composites market revenue, by application, 2017 - 2024 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America construction composites market, 2017 - 2024 (Kilo Tons) (USD Billion)
      • 8.5.2. Latin America construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
      • 8.5.3. Latin America construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
      • 8.5.4. Latin America construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
      • 8.5.5. Latin America construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
      • 8.5.6. Latin America construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
      • 8.5.7. Latin America construction composites market revenue, by application, 2017 - 2024 (USD Billion)
      • 8.5.8. Brazil
        • 8.5.8.1. Brazil construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
        • 8.5.8.2. Brazil construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
        • 8.5.8.3. Brazil construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
        • 8.5.8.4. Brazil construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
        • 8.5.8.5. Brazil construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
        • 8.5.8.6. Brazil construction composites market revenue, by application, 2017 - 2024 (USD Billion)
    • 8.6. Middle East & Africa
      • 8.6.1. Middle East & Africa construction composites market, 2017 - 2024 (Kilo Tons) (USD Billion)
      • 8.6.2. Middle East & Africa construction composites market volume, by fiber type, 2017 - 2024 (Kilo Tons)
      • 8.6.3. Middle East & Africa construction composites market revenue, by fiber type, 2017 - 2024 (USD Billion)
      • 8.6.4. Middle East & Africa construction composites market volume, by resin type, 2017 - 2024 (Kilo Tons)
      • 8.6.5. Middle East & Africa construction composites market revenue, by resin type, 2017 - 2024 (USD Billion)
      • 8.6.6. Middle East & Africa construction composites market volume, by application, 2017 - 2024 (Kilo Tons)
      • 8.6.7. Middle East & Africa construction composites market revenue, by application, 2017 - 2024 (USD Billion)
  •  
  • Chapter 9. Company Profiles
    • 9.1. Hughes Brothers, Inc.
      • 9.1.1. Company Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Schoeck International
      • 9.2.1. Company Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Advanced Environmental Recycling Technologies, Inc.
      • 9.3.1. Company Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Jamco Corporation
      • 9.4.1. Company Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. UPM Biocomposites
      • 9.5.1. Company Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Developments
    • 9.6. Exel Composites Oyj
      • 9.6.1. Company Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Developments
    • 9.7. Bedford Reinforced Plastics
      • 9.7.1. Company Overview
      • 9.7.2. Financials
      • 9.7.3. Business Strategy
      • 9.7.4. Product Portfolio
      • 9.7.5. Recent Developments
    • 9.8. Diversified Structural Composites
      • 9.8.1. Company Overview
      • 9.8.2. Financials
      • 9.8.3. Business Strategy
      • 9.8.4. Product Portfolio
      • 9.8.5. Recent Developments
    • 9.9. Strongwell Corporation
      • 9.9.1. Company Overview
      • 9.9.2. Financials
      • 9.9.3. Business Strategy
      • 9.9.4. Product Portfolio
      • 9.9.5. Recent Developments
    • 9.10. Trex Company, Inc.
      • 9.10.1. Company Overview
      • 9.10.2. Financials
      • 9.10.3. Business Strategy
      • 9.10.4. Product Portfolio
      • 9.10.5. Recent Developments

Methodology

Free Analysis

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.

Global Construction Composites Market

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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