Construction Composites Market 2018 to 2025, key industry players & growth trends

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Construction Composites Market Update, Analysis,
Forecast, 2018 2025
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• Overview

• Aided by the unprecedented investments in
  infrastructural projects across the world,
  Construction Composites Market is poised to
  record a massive valuation of USD 65 billion by
  2025.
• Owing to some of its exceptional properties like
  high strength and light weight, construction
  glass fiber has become the go-to product for
  various electrical and thermal insulation
  purposes across industrial, commercial, and
  residential sectors.
• Add to it, considering the immense growth
  prospect of fiberglass based construction
  composites market, renowned construction players
  are also pouring hefty amount in its large scale
  production.
• CNBM (China National Building Material) Company,
  say for instance, in conjunction with the IDRO
  Group (Industrial Development and Renovation
  Organization of Iran) has signed a deal of USD 74
  million to establish a massive fiberglass and
  composite manufacturing unit in Marand, which
  claims to hold a capacity of nearly 30 kilo tons.
  
• It therefore goes without saying that fiberglass
  will procure a major portion of construction
  composites market share over the ensuing years.

_at_ 2018 Global Market Insight, Inc. USA. All
Rights Reserved www.fractovia.org
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• Owing to some of its exceptional properties like
  high strength and light weight, construction
  glass fiber has become the go-to product for
  various electrical and thermal insulation
  purposes across industrial, commercial, and
  residential sectors.
• Add to it, considering the immense growth
  prospect of fiberglass based construction
  composites market, renowned construction players
  are also pouring hefty amount in its large scale
  production.
• CNBM (China National Building Material) Company,
  say for instance, in conjunction with the IDRO
  Group (Industrial Development and Renovation
  Organization of Iran) has signed a deal of USD 74
  million to establish a massive fiberglass and
  composite manufacturing unit in Marand, which
  claims to hold a capacity of nearly 30 kilo tons.
  
• It therefore goes without saying that fiberglass
  will procure a major portion of construction
  composites market share over the ensuing years.

_at_ 2018 Global Market Insight, Inc. USA. All
Rights Reserved www.fractovia.org
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• 360 Analysis

• Exel Composites recent takeover of Diversified
  Structural Composites has been lately hogging all
  the attention in construction composites market.
  Keeping in line with the competitive spectrum,
  Exel reportedly has penned down an agreement with
  Teijin Carbon America Inc., a subsidiary of
  globally acclaimed carbon manufacturer Teijin, in
  a bid to acquire 100 share of DSC. The merger
  mainly centers around integrating DSCs excellent
  pultrusion related technical know-how with Exels
  existing growth strategy.
• According to reliable estimates, India is slated
  to peg third position in global construction
  industry by 2025 with a forecast valuation of USD
  1 trillion, which by extension also ensure its
  stance in construction composite market in the
  years ahead. The mammoth valuation indeed can be
  credited to the flurry of projects with regards
  to road building construction, railways, urban
  infrastructure, and the like.
• Chinas construction sector is also expanding at
  a remarkable pace. With China and India at the
  growth front, Asia Pacific construction domain is
  likely to procure 60 of the global
  infrastructure spending by 2025, claim reports.
  Undoubtedly, this growth demands the requirement
  of advanced reinforced materials, which would
  eventually propel APAC construction composites
  industry.

_at_ 2018 Global Market Insight, Inc. USA. All
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Competitive Trends

• The notable industries in Construction Composites
  Market are
• Bedford Reinforced Plastics
• Advanced Environmental Recycling Technologies,
  Inc.
• Diversified Structural Composites
• UPM Biocomposites
• Exel Composites Oyj
• Jamco Corporation
• Strongwell Corporation
• Schoeck International
• Trex Company, Inc.
• Fiberon LLC
• Fibrolux GmbH
• Hughes Brothers, Inc.

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Rights Reserved www.fractovia.org
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