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The construction composites market is projected to grow at a CAGR of 4.5% during the forecast period (2020-2026). The increasing penetration of composites in the construction industry owing to their low cost of purchase, long life, and low maintenance cost is the key factor driving the growth of the construction composites market.
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Orion Market Research Construction Composites Market Share, Trends, Size, Research and Forecast 2020-2026 Request https://www.omrglobal.com/request-sample/construction-composites-market ------------------------------------------------------------------------------------ a free sample of our report on Construction Composites Market @ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780304040
Construction composite market is anticipated to exhibit a CAGR of 4.5% during the forecast period. The outlook of the construction industry appears upbeat, consequently increasing the demand for construction composite, globally. According to a study by the Institution of Civil Engineers (ICE), the global construction industry is expected to reach a value of $8 trillion by 2030, primarily driven by China, India, and the US. In Europe, the construction industry has witnessed a solid growth rate and is estimated to record an average year-on-year growth of about 6% in the next few years. Hence, from the rapidly growing construction activities in the above countries, the demand for paints and coatings, flooring, and laminating among others is projected to increase substantially during the forecast period, which, in turn, may increase the consumption of construction composites. A full Report of Global Construction https://www.omrglobal.com/industry-reports/construction-composites-market The rising demand for construction composites is anticipated to drive the growth of the global market. Looking towards the rising demand of construction composites several players are launching new construction composites in the market. For instance, in February 2020, PolyntSpA announced to establish its fully owned subsidiary Polynt Composites Turkey, incorporated and based in Istanbul. Polynt Turkey Kimyevi Ürünler Ticaret Anonim ?irketi will be established to allow the Group to serve the Turkish growing markets with its product portfolio and technical experience in the business of unsaturated polyester resins, vinyl ester resins, gelcoat, and compounds, with a special focus to the local composites applications in construction, engineering stone, and transportation. To learn more about this report request a free sample copy @ https://www.omrglobal.com/request- sample/construction-composites-market Market Coverage •Market number available for – 2019-2026 •Base year- 2019 •Forecast period- 2019-2026 •Segment Covered- By Fiber Type, By Resin Type, End User •Regions Covered- North America, Europe, Asia-Pacific, Rest of the World •Competitive Landscape- Arkema S.A., Mitsubishi Chemical Corp., BASF SE, Solvay S.A., Reichhold LLC, Koninklijke DSM N.V., and others. Key questions addressed by the report •What is the market growth rate? •Which segment/region dominates the market in base year? •Which segment/region will project fastest growth in the market? •How COVID-19 impacted the market? Composites Market Available at:
•Who is the leader in the market? •How players are addressing challenges to sustain growth? •Where is the investment opportunity? Global Construction Composite Market report Segment By Fiber Type •Carbon Fiber •Glass Fiber •Other fiber By Resin Type •Thermoplastic Resin •Thermosetting Resin By End-User •Residential •Commercial •Industrial Global Construction Composite Market Report Segment by Region North America •United States •Canada Europe •Germany •United Kingdom •France •Spain •Italy •Rest of Europe
Asia-Pacific •China •Japan •India •Rest of Asia-Pacific Rest of the World •Middle East & Africa •Latin America Company Profiles •Allnex Netherlands B.V. •AOC, LLC •Arkema S.A. •Asahi Fiber Glass Co., Ltd. •Ashland Global Holdings Inc. •BASF SE •BrajBinani Group •Chongqing Polycomp International Corp. •CIECH S.A. •Crystic Resins India Pvt. Ltd. •DuPont de Nemours, Inc. •Eternal Materials Co., Ltd. •Evonik Industries, Inc. •Hexcel Corp. •INEOS AG •Koninklijke DSM N.V. •Mitsubishi Chemical Corp. •OrgiChemie FZ LLC •PolyntSpA •Reichhold LLC •SABIC Group •Solvay S.A. •The Dow Chemical Co. For More Customized Data, Request for Report Customization https://www.omrglobal.com/report- customization/construction-composites-market
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