Construction Composite Market, By Resin Type, By Fiber Type, By End-Use Sector, By Geography

Description

The construction composite market is estimated to be valued at USD 7.24 Bn in 2024 and is expected to reach USD 10.60 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 7.24 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	5.60%	2031 Value Projection:	US$ 10.60 Bn

Figure. Construction Composite Market Share (%), By Region 2024

The construction composite market has experienced significant growth in recent years driven by increasing commercial and industrial construction activities globally. Composites offer various advantages over conventional construction materials such as concrete and steel including strength, durability, light weight, and resistance to corrosion. Increasing application of composites in structures for bridges, buildings, rail infrastructure, and other construction purposes is augmenting the demand for these materials. Additionally, growing environmental awareness and focus on sustainability is further propelling the market as composites produce less waste and emit lower carbon during production. Overall, the composite materials market is expected to witness promising growth over the next decade supported by rising infrastructure development projects worldwide.

Market Dynamics:

The global construction composite market is primarily driven by growing infrastructure investment for bridges, tunnels, buildings, and other construction activities. Rapid urbanization coupled with rising population worldwide has increased the need for modern infrastructure which is fueling the demand for durable and high strength composite materials. Additionally, shift toward lightweight and corrosion resistant materials in construction is providing impetus to composite consumption. Further, awareness regarding sustainable construction and recycling of materials is prompting builders to adopt eco-friendly composites. However, high production cost of composites continue to restrain wider market adoption compared to traditional materials. Ongoing research & development in fiber reinforced polymer composites is expected to unlock new growth avenues by enhancing mechanical properties and reducing costs.

Key Features of the Study:

This report provides in-depth analysis of the global construction composite market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global construction composite market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Aegion Corporation, Exel composites, Gurit, Hexcel Corporation, Kordsa Teknik Tekstil AAz, TORAY INDUSTRIES INC., Mitsubishi Chemical Corporation, Nippon Electric Glass Co. Ltd., Owens Corning, SGL Carbon, Teijin Limited., Fibergrate Composite Structures, Inc., Advanced Environmental Recycling Technologies, Inc., Fiberon LLC, Strongwell Corporation, Trex Company, Inc, Zhengzhou Yalong Pultrex Composite Materials Co., Ltd., Jiangsu Jiuding New Material Co., Ltd., and Fibrolux GmbH.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global construction composite market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global construction composite market.

Detailed Segmentation-

By Resin Type:
- Polyester Resin
- Vinyl Ester
- Polypropylene
- Epoxy Resin
- Other Resin Types
By Fiber Type:
- Carbon Fibers
- Glass Fibers
- Natural Fibers
- Other Fiber Types
By End-Use Sector:
- Industrial
- Commercial
- Housing
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Aegion Corporation
- Exel composites
- Gurit
- Hexcel Corporation
- Kordsa Teknik Tekstil AAz
- TORAY INDUSTRIES INC.
- Mitsubishi Chemical Corporation
- Nippon Electric Glass Co. Ltd.
- Owens Corning
- SGL Carbon
- Teijin Limited.
- Fibergrate Composite Structures, Inc.
- Advanced Environmental Recycling Technologies, Inc.
- Fiberon LLC
- Strongwell Corporation
- Trex Company, Inc
- Zhengzhou Yalong Pultrex Composite Materials Co., Ltd.
- Jiangsu Jiuding New Material Co., Ltd.
- Fibrolux GmbH

Product Code: CMI5322

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Resin Type
- Market Snippet, By Fiber Type
- Market Snippet, By End-Use Sector
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

4. Global Construction Composite Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Construction Composite Market
Impact Analysis

5. Global Construction Composite Market, By Resin Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Polyester Resin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Vinyl Ester
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Polypropylene
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Epoxy Resin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Other Resin Types
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

6. Global Construction Composite Market, By Fiber Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Carbon Fibers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Glass Fibers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Natural Fibers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Other Fiber Types
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

7. Global Construction Composite Market, By End-Use Sector, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Housing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

8. Global Construction Composite Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
North America
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fiber Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-Use Sector, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Fiber Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-Use Sector, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fiber Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-Use Sector, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fiber Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-Use Sector, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Fiber Type, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By End-Use Sector, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

9. Competitive Landscape

Market Share Analysis
Company Profiles
- Aegion Corporation
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Exel composites
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Gurit
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Hexcel Corporation
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Kordsa Teknik Tekstil AAz
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- TORAY INDUSTRIES INC.
- Mitsubishi Chemical Corporation
- Nippon Electric Glass Co. Ltd.
- Owens Corning
- SGL Carbon
- Teijin Limited.
- Fibergrate Composite Structures, Inc.
- Advanced Environmental Recycling Technologies, Inc.
- Fiberon LLC
- Strongwell Corporation
- Trex Company, Inc
- Zhengzhou Yalong Pultrex Composite Materials Co., Ltd.
- Jiangsu Jiuding New Material Co., Ltd.
- Fibrolux GmbH

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
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