Learn about the global construction composites market through The Business Research Company, which provides information on construction composites market size, construction composites market drivers and restraints, construction composites market players, the COVID-19 impact on the construction composites market, and more.

The global construction composites market size is expected to grow from $5.71 billion in 2021 to $6.31 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The global construction composite market size is expected to grow to $8.09 billion in 2026 at a CAGR of 6.4%.

The increasing construction activities are significantly driving the growth of the construction composites market.

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The construction composites market consists of sales of the construction composites by entities (organizations, sole traders, and partnerships) that are used in the construction of entire bridge structures, bridge decks, and bridge enclosures. The composite construction is aimed at providing the maximum strength and stiffness to the structure with the minimum investment of the resources that are made available. They are advantageous due to their high stiffness-to-weight and strength-to-weight ratios when compared to standard materials such as steel and reinforced concrete. The compression resistance of concrete and the tension resistance of steel in the structure are combined in the composite construction.

Global Construction Composites Market Segments Include:

By Resin Type: Polyester Resin, Vinyl Ester, Polyethylene, Polypropylene, Epoxy Resin

By Fiber Type: Carbon Fibers, Glass Fibers, Natural Fibers

By End-Use Sector: Industrial, Commercial, Housing, Civil

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the construction composites market in 2021.

Strategic collaborations and partnerships have emerged as a key trend gaining popularity in the construction composites market. Major players in operating in the construction composites sector are focused on collaborations and partnerships to extend their growth in new areas and to strengthen their position.

TBRC’s construction composites market report covers:

Major Market Players: Advanced Environmental Recycling Technologies Inc., Hexcel Corporation, Exel Composites Oyj, Toray Industries Inc, Owens Corning, Teijin Limited, Fiberon LLC, Fibrolux GmbH, UPM, Strongwell Corporation, Diversified Structural Composites, TAMKO Building Products LLC, Mitsubishi Chemical Corporation, Aegion Corporation, and Gurit.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Construction Composites Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides construction composites market overviews, analyzes and forecasts market size, share, construction composites market players, construction composites market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s construction composites market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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