openPR Logo
Press release

Construction Composites Market 2021 Overview with Detailed Analysis, Competitive landscape, Forecast to 2025

05-28-2021 09:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: global market insights

Construction Composites Market

Construction Composites Market

According to a Global Market Insights, Inc. report, construction composites market size is projected to cross $65 billion by 2025. Global construction composites market share is poised to witness significant growth over the estimated timeline, owing to extensive construction & building activities worldwide. Escalating spending on construction in developing nations, bolstered by rising disposable incomes and enhanced living standards, will further drive industry expansion.

A notable example of this is the Beijing airport expansion project being carried out in China. The project is anticipated to be completed by 2025. It is poised to outperform the Al Maktoum Airport in Dubai, in various parameters, including cost, plane and passenger capacity, as well as total square miles.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2585

How will fiberglass segment perform through 2025?

In terms of product spectrum, the fiberglass segment is expected to amass significant proceeds over the estimated timeline. This is ascribed largely to the extensive use of the product in modern and technologically advanced high-rise constructions and infrastructures. Fiberglass construction composites demonstrate robust applicability across key infrastructural operations, owing to their light weight and high durability.

These composites enhance the reliability of the structures, which is why the product is gaining prominence in the restoration of several historic constructions and infrastructures to increase the longevity of the building’s life.

Which application segment will emerge profitable for construction composites market?

Construction composites industry share from residential applications is estimated to depict growth at a CAGR of more than 5% through 2025. Residential constructions include apartments, houses, societies, etc. Rapid proliferation of residential housing projects on a global scale is set to contribute heavily to market development in the forthcoming years. For instance, the Balfour Beatty and Jardine Matheson joint venture, Gammon Construction has received a $430 million contract for the construction of a largescale residential project in Hong Kong.

Request for customization @ https://www.gminsights.com/roc/2585

Why will LATAM crop up as a pivotal avenue for industry growth?

Latin America construction composites market is set to exhibit growth at nearly 5% CAGR through 2025. Over 17,000 upcoming construction projected are expected to be constructed in the region. An example of this would be the ENEL Green Power project in Peru, which has developed the first wind farm in the region.

Enel is undertaking expenses of nearly $165 million for the construction of the 132MW windfarm. This and myriad other planned construction developments in the South America region are projected to augment construction composites market outlook over the forecast period.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Construction Composites Market 2021 Overview with Detailed Analysis, Competitive landscape, Forecast to 2025 here

News-ID: 2292842 • Views:

More Releases from global market insights

Acoustic Diaphragm Market slated to observe traction for polypropylene material in earphones & loudspeakers
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers. Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several
How will increasing demand for stainless steel transform the Ferroalloys Market outlook?
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies. Meanwhile, yet other company, Boston Metal has declared having raised over USD 20
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2024
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses. Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet

All 5 Releases


More Releases for Construction

Data Center Construction Market Analysis to 2028: Industry Growth, Size, Trends …
The Data Center Construction market report focused on the industry dynamics, including market growth elements. The report also identifies limitations and chances for high segments of market growth. Our world-renowned analyst team conducts a study that is a result of extensive primary and secondary research. The growth of the market is forecast with complex algorithms such as regression analysis, end-user analysis, etc. PESTEL analyses are the factors that influence global
Residential Construction Market Is Booming Worldwide | Hindustan Construction, S …
A new research document is added in HTF MI database of 384 pages, titled as 'Residential Construction Global Industry Guide - Market Summary, Competitive Analysis and Forecast to 2025' with detailed analysis, Competitive landscape, forecast and strategies. Latest analysis highlights high growth emerging players and leaders by market share that are currently attracting exceptional attention. The identification of hot and emerging players is completed by profiling 50+ Industry
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C …
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C …
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C …
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &
2019 Heavy And Civil Engineering Construction Market | China Railway, China Rail …
Heavy And Civil Engineering Construction Market research report includes status and outlook of Global and major regions, from angles of players, countries, product types and end industries. This report analyses the top players in global market, and splits market by product type and applications/end industries. “The heavy and civil engineering construction market comprises companies carrying out utilities, highway, street and bridge construction.” Download PDF Sample of this Report @ http://www.supplydemandmarketresearch.com/home/contact/119448?ref=Sample-and-Brochure&toccode=SDMRSE119448&utm_source=S2 The