Pultrusion Market worth 2,045.2 Million USD by 2020

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Pultrusion Market
The report "Pultrusion Market by type (Glass
Fiber, Carbon Fiber and others), by Resin Type
(Polyester, Vinyl Ester, Polyurethane and Others)
by Application (Industrial, Housing, Civil
Engineering, Consumers and others) and by Region
- Global Trends and Forecasts to 2020", The
pultrusion end market in terms of value is
expected to reach around USD 2,045.2 Million by
2020, at a CAGR of 4.8 between 2015 and 2020.
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Introduction
Pultrusion is a process of manufacturing
structural composites parts using polymer matrix
and fibers. Properties of products manufactured
through pultrusion are good strength, good
chemical resistance, non-magnetic, low
maintenance and very low thermal expansion. The
pultruded parts have applications in construction
industry where different pultruded parts are used
in form of gratings, rebars and customized
profiles. Pultruded products provide
manufacturers and designers with the benefits of
high strength-to-weight ratios, corrosion
resistance, heat resistance, dielectric
properties, and dimensional stability. FRP
pultrusions are cost effective and versatile
alternative to traditional materials, such as
steel, aluminum and timber. FRP pultrusions weigh
75 less than steel and are non-corrosive.
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Key Participants
The important pultrusion companies include
Strongwell Corporation (U.S.), Exel Composites
(Finland), Bedford Reinforced Plastics (U.S.),
Jiangsu Jiuding New Material Co. (China), Faigle
Kunstsoffe GmbH (Austria), Diversified Structural
Composites (U.S.), Creative Pultrusions (U.S.),
Fibrolux GmbH (Germany), JAMCO Corporation
(Japan), Fibergrate Composite Structures and
(U.S.), Glasforms Inc. (U.S).  The companies in
this market need to compete with each other with
respect to prices and a wide product range with
an advanced technology in order to meet the
market requirements.
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On The Basis Of Region
Asia-Pacific and North America are the most
active markets in terms of strategic initiatives,
owing to their emerging and mature market demand,
respectively. Some of the factors for the market
growth are superior end-user industry growth,
amplified local manufacturing, and increased
number of domestic players in vertical market
segments, for example-industrial applications.
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