Press release
Global Construction Composites Market to grow at a CAGR of 5.98% during the period 2018-2021
Composites are engineered or naturally occurring materials made from two or more constituent materials. They have significantly different physical or chemical properties that are predominantly used in the manufacture of building products.
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The market encompasses fiber type used in construction composites such as glass fiber, natural fibers, and other fibers that are used in the industrial, commercial, housing, and civil sectors. The construction sector offers an abundant potential for the use of composites since they significantly improve the product performance over traditional building materials. Some of the key composite applications in the construction sector include structural components, roofing, doors and window profiles, acoustics, cladding, and facades, in addition to customized fabrication of structures and components. The composites used in the construction sector are lightweight, durable, and offer flexibility to engineers, architects, and designers, to bring out innovative designs that are not constrained by material limitations.
Technavios analysts forecast the global construction composites market to grow at a CAGR of 5.98% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global construction composites market for 2017-2021. To calculate the market size, the report considers the sales of construction composites in the end uses such as industrial, commercial, housing, and civil sectors.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Construction Composites Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Advanced Environmental Recycling Technologies
CPG International
Fiberon
Trex Company
UPM
Other prominent vendors
Bedford Reinforced Plastics
Diversified Structural Composites
Exel Composites
faigle Kunststoffe
Fibergrate Composite Structures
FIBROLUX
Jiangsu Jiuding New Material
Pultron Composites
Schoeck International
STRONGWELL CORPORATION
Market driver
Growth in housing and construction sector
For a full, detailed list, view our report
Market challenge
Fiber costs
Market trend
Continuous processing gaining fast momentum
For a full, detailed list, view our report
Browse Report @ https://www.researchmoz.us/global-construction-composites-market-2017-2021-report.html
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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