Title: Carbon Textile Reinforced Concrete Market Trends, Analysis & Forecast, 2019 – 2025
1Carbon Textile Reinforced Concrete Market Size
will witness a rapid growth to 2025
2Key Insights Carbon Textile Reinforced Concrete
Market
- Carbon Textile Reinforced Concrete Market size is
likely to expand exponentially in the coming
years due to rising developments in the global
construction industry as the product is used to
replace metal and concrete parts in buildings.
Carbon textile reinforced concrete is a
high-performance composite material which is
known for its strength, flexibility, and
corrosion resistance. This textile reinforcement
provides high ductility and other superior
properties to the composite material. The global
construction industry spending reached around USD
11 trillion in 2018 from USD 9.5 trillion in 2014
and is likely to cross USD 14 trillion by 2025 - Carbon textile reinforced concrete is a
lightweight composite with little thermal
expansion and versatile nature. They are capable
of being designed in diverse shapes and
configurations. Hence, they can replace steel
reinforcing bars in the construction industry.
Rising demand for green initiatives in the
construction industry will in turn increase the
demand for the product.
3Continued
- This is due to the product being more
cost-effective option along with its lightweight
characteristics. This helps in minimizing energy
consumption, lowers carbon emission and helps in
resource protection. Companies are increasingly
investing in green construction projects due
market drivers like client demand, environmental
conservation and improving the health and
well-being of the population. The number of
LEED-certified construction projects in the
United States increased from around 290
certifications in 2006 to more than 65,000 in
2017. Such rising trend in the green building
industry would in turn augment the growth in the
carbon textile reinforced concrete market. - The carbon textile reinforced concrete market is
categorized based on application and region.
Based on application, the market is segmented
into buildings, bridge, road, and others.
Building application is likely to attain a
significant market share in the coming years due
to the product usage in making sandwich panels,
parking structures, facade, thermal walls, 2D
3D reinforcements, etc.
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Concrete Market_at_ https//www.gminsights.com/indus
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5Market research reports Key analytical components
6Major Companies Carbon Textile Reinforced
Concrete Market
- Solidian GmbH
- CarboCon GmbH
- Weserland GmbH
- Tradecc
- Raina Industries Pvt Ltd
7Regional Insights Carbon Textile Reinforced
Concrete Market
- Asia Pacific is likely to expand at a significant
CAGR in the global isobornyl acrylate market
mainly due to rising product demand in
pharmaceutical and coatings applications. The
shifting of major coatings manufacturers in
countries such as China and India shall further
augment the market size during the forecast years - Moreover, the presence of major manufacturers of
isobornyl acrylate in the region shall further
accelerate product demand over the forecast
timespan. North America and Europe are other
prominent markets owing to the presence of major
coatings and adhesive manufacturing companies.
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