Pultrusion Market Size, Trends & Analysis – Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Pultrusion
Market. Pultrusion Market Insights The Global
Pultrusion market is expected to grow at a
significant CAGR during the forecast period.
Pultrusion is essentially a process for
manufacturing composite materials with a
continuous cross- section. The market is driven
by growing demand for pultrusion products in
multiple end-use industries in U.S., Germany,
China, France, and Japan among others.
Technological advancements and innovative
techniques developed for use of pultrusion are
projected to positively impact the market during
the forecast period. However, factors such as
the high cost of raw materials for pultrusion and
issues with respect to recyclability are
expected to negatively impact the market for
pultrusion during the forecast period. Pultrusio
n Market Type Insights On the basis of type,
the Pultrusion market can be classified into
Glass Fiber and Carbon Fiber among others. The
glass fiber segment is expected to hold the
largest segment in terms of revenue in the
pultrusion market. This can be attributed to
properties of glass fiber to be corrosion
resistant, and incombustible. The carbon fibers
segment is also expected to grow at a significant
CAGR owing to a variety of commercial
applications such as aerospace, defense, and
rebars among others. Pultrusion Market Resin
Type Insights The Global Pultrusion market is
segmented into Polyester, Vinyl Ester, and
Polyurethane among others based on resin type.
The polyester resins segment is projected to hold
the largest market share in terms of revenue.
Orthophthalic polyester resins and Isophthalic
polyester resins which are types of polymer
resins are used extensively in industrial and
marine applications which require high water
resistance. The Vinyl Ester resin is used
extensively in industrial applications as well.
The resin is also effective when used along with
carbon fiber. Pultrusion Market Coatings
Application Insights Based on application, the
Global Pultrusion market can be classified into
Industrial, Housing, Civil Engineering, and
Consumers among others. The industrial
applications segment is projected to hold the
highest market share in terms of revenue owing to
technological advancements and rapid
industrialization over the world. Pultured
products are used in industrial applications
owing to its mechanical properties such as heat
resistance, mechanical strength, chemical and
thermal stability and recyclability.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Pultrusion Market Regional
Insights The Asia Pacific market for pultrusion
is projected to grow at the highest CAGR during
the forecast period owing to fast-growing
industrial activities in the in emerging
economies such as India, China, and Japan among
others. North America is also expected to hold a
significant market share of the pultrusion
market owing to growth in the end-user industries
and technological advancements. Pultrusion
Market End-Use Landscape The end-use landscape
entails a list of current and prospective
consumers prevailing across the regions. This
section provides company addresses, contact
details, products, and regional presence of
companies who are purchasing or are likely to
purchase controlled release fertilizer over the
coming years. Some leading consumers of
controlled release fertilizer are, Hilcorp and
Devon Energy among others. Pultrusion Market
Vendor Landscape The report contains a chapter
dedicated to vendors operating in the market,
covering raw material manufactures, equipment
developers, manufacturers, and distributors. The
report provides these insights on a regional
level. This section of the report entails contact
details, experience, products manufactured/suppli
ed, and geographical presence of
companies. Pultrusion Market Share
Competitor Analysis Some of the key players
operating in the Pultrusion market are Strongwell
Corporation, Exel Composites, Bedford Reinforced
Plastics, Jiangsu Jiuding New Material Co.,
Faigle Kunstsoffe GmbH, Creative Pultrusions,
JAMCO Corporation, Glasforms Inc. and Diversified
Structural Composites among others. In July
2018, Exel Composites partnered with Ziebel for
the development of Fibre-Optic Based Oil Well
Sensor. In September 2017, Krauss-Maffei made a
live debut of their iPul pultrusion system, which
was the first system for continuous pultrusion
for straight as well as curved profiles. The
production speed of the new system was almost
two times faster than the conventional process.
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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• The report segments the Pultrusion Market on the
  basis of By Type
• Glass Fiber
• Carbon Fiber
• By Resin Type
• Polyester
• Vinyl Ester
• Polyurethane
• By Application
• Industrial
• Housing
• Civil Engineering
• Consumers