Construction Composites Market by Application (Residential, Commercial, Industrial) 2018-2025

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Major Key Players of Construction Composites
Market Industry share 20182025
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Global Market Scenario of Construction Composites
Industry

• Construction Composites Market is forecast to
  exceed USD 65 billion by 2025 according to a new
  research report by Global Market Insights, Inc.
• Growing construction activities in the emerging
  countries due to massive government investments
  to improve public infrastructure will boost the
  construction composites market size by 2025. For
  instance, in India USD 2.4 billion project is
  currently in progress to build the Navi Mumbai
  International Airport that started in March 2015
  and is expected to be completed till 2019.
• Similarly, UAE has been making considerable
  investment in constructing ports which was valued
  approximately USD 24 billion for the Khalifa
  Port. Similar construction projects in the
  emerging nations are probable to make subsequent
  influence reinforced materials market for
  construction by 2025. Additionally, the
  durability, high strength and lightweight product
  properties will help in driving the construction
  composite market in the near future.

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• High product prices may become a hurdle in the
  growth of the construction composite market. Also
  lack of product awareness shall negatively impact
  on industry growth. However, rising construction
  activities and the composites durable and
  lightweight properties would profoundly augment
  the construction composite market by 2025.
• Metal composites accounted for more than 25 of
  the overall market size in 2017. The high tensile
  strength and the anti-corrosive properties of the
  product will augment the construction composite
  market for this segment in the near future.
• The increasing need of high performance
  composites to make the exterior building parts
  anti corrosive and durable will complement
  industry growth by 2024. Metal composites acts as
  an excellent substitute for traditional metal
  decking and flooring in the buildings which will
  surely amplify the construction composites market
  size by 2025.

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360 Industry Analysis

• Construction composites market size for
  commercial applications is projected to rise at a
  CAGR of more than 4.5 by 2025. Commercial
  construction includes bridges, tunnels, airports,
  roads, hospitals, etc. Government has been making
  substantial investment to improve the
  infrastructure, which in turn will propel the
  construction composite market size by 2025.
• For instance, government of India have announced
  spending USD 59 billion to modernize its
  infrastructure in the coming years which will
  make noteworthy contribution to the overall
  construction composites market size by 2025.
•  

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Industry Background
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• Regional Analysis
• Middle East Africa construction composites
  market size is likely to grow at a CAGR of more
  than 6 by 2025. Government has been making huge
  investment to improve the overall infrastructure
  of the region.
• Countries including the UAE, Qatar, Oman and
  Egypt will power 6 overall growth in the Middle
  East in 2017 i.e. up from 5.3 last year. Also,
  increasing number of public private partnership
  projects is expected to boost investments in the
  construction sector in the coming years.
• Competitive Analysis
• Construction composites market share is highly
  competitive with prominent players accounting for
  a major chunk of the total business size in 2017.
  The major players include Exel Composites,
  Bedford Reinforced Plastics, UPM Biocomposites,
  Advanced Environmental Recycling Technologies,
  Diversified Structural Composites, Strongwell
  Corporation, Jamco Corporation, Schoeck
  International, Fiberon LLC, Trex Company, Hughes
  Brothers Inc. and Fibrolux GmbH. size.

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