Global Construction Composites Market Rising at 4.5% CAGR to 2024: Analysis of Key Players, Trends & Drivers

Market Study Report LLC has released a new research study on Construction Composites market Analysis 2018-2025 inclusive of one or more factors covering regional opportunities, application landscape, product demand trends, and end-use portfolio of the industry over the forecast timeframe. The report also outlines the competitive framework of the Construction Composites industry detailing the SWOT analysis and market share dominance of the prominent players.

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Selbyville, DE -- (SBWire) -- 05/07/2019 --Latin America reinforced material Market is expected to expand with a CAGR close to 5% in the forecast timeframe. The region accounts for approximately over 17,000 upcoming constructions projects to be constructed. For example, Enel Green Power Peru has broken ground on its first wind farm in Peru. Enel will spend nearly USD 165 million in the construction of the new wind farm with a capacity close to 132MW i.e. the power generated by the wind farm would be adequate to meet the energy requirements of more than 480,000 homes. Likewise, Chile is going to be a home of new 98MW power plant i.e. is expected to generate 70% of the country's electric power from renewable sources. Also, various other ongoing construction activities in South American countries is going to up surge the construction composites Market by 2025.

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Extensive construction activities due to the increasing per capita income and the improving living standards are boosting the construction expenditure in the developing nations, which has been subsequently driving the construction composite market in the recent years. For instance, in China the expansion project of Beijing airport that is expected to be completed by 2025 will surely surpass Dubai's Al Maktoum Airport in total square miles, cost, and plane & passenger capacity. Similarly, in India Versova-Bandra sea link project has been approved. The bridge will be located about 900-1,800m from the coast of Mumbai, the stretch is approximately 17.7km, linking Versova and Bandra. Several other ongoing and future construction projects would increase the product demand directly propelling the construction composite market by 2025. Construction Composites Market is forecast to exceed USD 65 billion; according to a new research report.

Reinforced material Market for residential construction applications is expected to rise with a CAGR over 5% in the forecast period. Residential buildings involve houses, apartments, housing societies etc. For example, Gammon Construction, a joint venture between Balfour Beatty and Jardine Matheson, has secured a contract worth around USD 430 million to build a large scale residential development in Hong Kong.

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Stringent government regulations restricting the composite applications and high price of the product may prove to be a barrier in the advancement of the reinforced material market. Also, deficit of product knowledge may turn out to be an obstacle for the construction composite market. Nevertheless, growing construction operations and the lightweight and high tensile strength properties would strongly enhance the reinforced material market in the near future.

Subsequent increase in the construction of high rise buildings and infrastructures equipped with modern technological advancements is positively driving the use of fiberglass in the construction activities. Fiberglass are advanced composites which are being applied in all major infrastructure operations owing to its heavy durability and lightweight property. It increases the longevity and the reliability of the building or structure. Several, organizations are restoring historic buildings and monuments with fiberglass to increase the buildings life.

Construction composites market share is distributed among few market players. These players include UPM Biocomposites, Bedford Reinforced Plastics, Exel Composites, Diversified Structural Composites, Strongwell Corporation, Advanced Environmental Recycling Technologies, Fiberon LLC, Trex Company, Schoeck International, Hughes Brothers Inc. Fibrolux GmbH and Jamco Corporation.

Construction composites research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2014 to 2025, for the following segments:
Construction composites market, product by application
- Fiberglass
- Residential
- Commercial
- Industrial
Composite wood
- Residential
- Commercial
- Industrial
Metal composites
- Residential
- Commercial
- Industrial
Others
- Residential
- Commercial
- Industrial
Construction composites market by application
- Residential
- Commercial
- Industrial

Table of Contents:

Chapter 1. Methodology And Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Definitions & forecast parameters

1.1.4.1. Definitions

1.1.4.2. Forecast parameters

1.2. Data sources

1.2.1. Paid

1.2.2. Unpaid

1.2.3. Primary

Chapter 2. Executive Summary

2.1. Construction composites industry 360 degree synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Application trends

2.1.4. Regional trends

Chapter 3. Construction Composites Industry Insights

3.1. Industry segmentation

3.2. Industry size and forecast, 2014 - 2025

3.3. Industry ecosystem analysis

3.3.1. Profit margin

3.3.2. Value addition

3.3.3. Distribution channel analysis

3.3.4. Vendor matrix

3.3.4.1. List of key manufacturers/suppliers

3.3.4.2. List of key/potential customers

3.4. Raw material trends

3.5. Technology landscape

3.6. Industry impact forces

3.6.1. Growth drivers

3.6.1.1. Rising demand for high strength and light weight construction components

3.6.1.2. Persistent need to reduce maintenance cost for building and construction activities in Asia Pacific

3.6.2. Industry pitfalls & challenges

3.6.2.1. High production cost of construction composite materials

3.7. Regulatory landscape

3.7.1. U.S.

3.7.2. Europe

3.7.3. China

3.8. Growth potential analysis

3.9. Competitive landscape

3.9.1. Company market share, 2017

3.9.2. Strategy dashboard

3.9.3. Patent analysis

3.10. Porter's analysis

3.10.1. Supplier power

3.10.2. Buyer power

3.10.3. Threat of new entrants

3.10.4. Threat of substitutes

3.10.5. Industry rivalry

3.11. Regional price trends

3.11.1. Cost structure analysis

3.11.1.1. R&D cost

3.11.1.2. Manufacturing & equipment cost

3.11.1.3. Raw material cost

3.11.1.4. Distribution cost

3.11.1.5. Operating cost

3.11.1.6. Miscellaneous cost

3.11.2. Price by product

3.11.3. Price by applications

3.12. PESTEL analysis

Chapter 4. Construction Composites Market, Product By Application

4.1. Global construction composites market share product by application, 2017 & 2025.

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