NEW YORK , June 29, 2022 /PRNewswire/ -- The Insight Partners published latest research study on Construction Composites Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Fiber Type (Glass Fiber, Carbon Fiber, Natural Fiber); by Resin Type (Polyester Resin, Vinyl Resin, Polyethylene) Application (Commercial, Industrial, Residential, Civil). The global construction sector is consistently witnessing high growth rate, majorly attributed to the rising demand for commercial and residential constructions. The composites materials have high strength and are corrosion resistant, chemical resistant, durable and flexible and capable of withstanding enormous heat. These benefits have attracted several construction companies and individual promoters across the globe. These benefits continue to gain customer traction in recent years, which is anticipated to create substantial market space in construction composites market. These construction composites are cost-effective and require less maintenance than normal construction materials.
Get Exclusive Access to Sample Pages of Construction Composite Market Size - COVID-19 Impact and Global Analysis with Strategic Insights at: https://www.theinsightpartners.com/sample/TIPRE00002834/
The increasing urbanization in the emerging economies is also helping the construction composite manufacturers to sell their products in large quantity, thereby fueling the growth of the market. In developed countries such as the US, the UK, Germany and China , the demand for composites is increasing continuously for civil construction applications. The major challenge faced by the construction composite manufacturers to attract their customers is the easy availability of alternative construction products.
Strategic Insights – Construction Composite Market
Compound Annual Growth Rate During (2022-2028)
No. of Charts & Figures
Type, Components, End-Use Industry and Geography
North America; Europe; Asia Pacific; Latin America; MEA
US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Construction Composites are being demanded in residential and commercial construction applications. In vehicles these composites would increase the fuel efficiency and provide structural stability to aircrafts, thereby resulting in high demand from aerospace and defense sectors. These composites have better insulation, water resistance, thermal resistance, and re-usability properties. These make them applicable for a wide range of applications.
The major driving factor for construction composites is growing urbanization, long life and low-cost maintenance of construction composites. Furthermore, technological innovation and advancement in innovative products is creating lucrative opportunities.
Place Your Inquiry Before Buying: https://www.theinsightpartners.com/inquiry/TIPRE00002834/
The "Global Construction Composites Market Analysis to 2028" is a specialized and in-depth study of the construction composites industry with a focus on the global market trend. The report aims to provide an overview of global construction composites market with detailed market segmentation by material, end-use, and geography namely; North America , Europe , Asia-Pacific (APAC), Middle East and Africa (MEA) and South America .
The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of more than 18 major countries globally along with current trend and opportunities prevailing in the region for the Construction Composites market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. Further, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
Connect with Our Research Analyst On: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00002834/
Construction composites are being demanded in residential and commercial construction applications. The growing urbanization and increased per capita income in many countries are giving constant rise to the construction industry, which has directly augmented the construction composites growth. Copious construction composite manufacturers invest in R & D activities to bring up new innovative technologies to provide additional properties and produce eco-friendly construction composites products.
However, high production cost of construction composites materials may hamper the over-market demand during the forecast period. Although, the increased product use and continuously growing construction sector will drive the consumption of construction composites.
The construction sector is continuously growing across the globe and witnessing high growth rate, majorly attributed to the rising demand for commercial and residential constructions. These composites in construction tends to increase strength, corrosion resistant, chemical resistant, durability, and flexibility, all these properties make them withstand enormous heat. These benefits have attracted several construction companies and individual constructors across the globe which has helped the construction composites market to grow. Further, these composites are gaining traction in high performance and technological advancement in construction activities.
Impact of COVID-19 Pandemic on Construction Composites Market:
The COVID-19 pandemic has significantly affected the world and is continuing to shatter several countries. To stop the spread of the COVID-19 pandemic, unprecedented lockdowns were enacted worldwide, and many manufacturing industry units were shut down. As a result, there is less demand for industrial items, which has hampered global economic activity. More than 78 percent of respondents claimed the COVID-19 pandemic had had a negative financial impact on their industry, according to a study conducted by the National Association of Manufacturers (US) in February and March 2020 . The market was negatively impacted by COVID-19 crisis. Construction work stopped across the globe, especially in construction hubs like China , India , and Japan . Supply chain disruptions and work stoppages due to measures imposed by governmental authorities have affected the growth of construction composites.
Click Here to Avail Lucrative DISCOUNTS on Our Latest Research Reports. We Offer Student, Enterprise, and Special Periodic Discounts to Our Clientele. Please Fill the Form to Know DISCOUNTED PRICE
Key Recent Developments: Construction Composites Market.
In April 2021 , Heatcon, a US-based aerospace company partnered with Hexcel Corporation for an undisclosed amount. This partnership granted Heatcon to sell Hexcel's carbon fiber prepreg tapes and fabrics to support advanced air mobility vehicles and the unmanned aerial vehicles industry. Hexcel Corporation is US-based composite manufacturing company.
In March 2020 , Owens Corning, a US-based company manufacturing composites, acquired Hughes Brother's concrete reinforcement business Aslan FRP. This acquisition broadens the Owens Corning portfolio of composite solutions.
The report segments the global Construction Composites market as follows:
Middle East and Africa (MEA)
Buy Premium Copy of Construction Composites Market Size, Share, Revenue, Strategic Insights and Forecasts 2022-2028 Research Report at: https://www.theinsightpartners.com/buy/TIPRE00002834/
Construction Composite Market - Company Profiles:
Browse Latest and Related Reports:
Closed Molding Composites Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Fiber Type (Carbon Fiber Closed Molding Composites, Glass Fiber Closed Molding Composites, Others); Manufacturing Process (Vacuum Infusion and Bagging, Injection Molding Process, Pultrusion Process, Compressed Molding Process, Others); Application (Transportation, Aerospace and Defense, Electrical and Electronics, Wind Energy, Construction and Infrastructure, Others.) and Geography
Unidirectional Tapes (UD Tapes) Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Fiber (Carbon Fiber, and Glass Fiber), Resin (Thermoplastic Unidirectional Tapes, and Thermoset Unidirectional Tapes), End User (Sports & Leisure, Automotive, Aerospace & Defense, and Others), and Geography
Composites in Oil and Gas Industry Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites); Resin Type (Epoxy Resin, Polyester Resin, Phenolic Resins, Others); Application (Pipes, Tanks, Top Side Applications, Others) and Geography
Fiber Reinforced Polymer (FRP) Rebars Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Resin Type (Vinyl Ester, Polyester, Others); Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Basalt Fiber Composites); Application (Highways Bridges Buildings, Marine Structures and Waterfronts, Water Treatment Plants, Others) and Geography
FRP Vessels Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Fiber Type (Glass Fiber, Carbon Fiber, Others); Resin (Polyester, Epoxy, Others); Application (Automotive and Transportation, Water and Wastewater, Chemicals, Oil and Gas, Industrial, Others) and Geography
PPA Resin Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Product (Unreinforced plain resin, Glass fiber reinforced, Carbon fiber reinforced, Mineral-filled, Hybrid); End-user (Automotive, Electrical and electronics, Machinery, Personal care, Others) and Geography
Fiberglass Mold Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Type (Epoxy Resin, Vinyl Resin, Polyester Resin); Composite Type (Matrix, Continuous Phase); Application (Wind Energy, Marine, Aerospace and Defence, Automotive and Transportation, Construction, Others) and Geography
Monopropylene Glycol Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Grade (Technical, Food, Pharmaceutical); Application (Unsaturated Polyester Resin (UPR), Polyester Fiber Production, Food Additive, Heat Transfer Fluid, Pharmaceutical Solvent, Others); Source (Synthetic, Bio-based); End Use (Chemicals, Cosmetics and Personal Care, Pharmaceutical, Food and Beverage, Others) and Geography
Thermoset Composites Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Manufacturing Process (Lay-Up Process, Filament Winding Process , Injection Molding Process , Pultrusion Process , Other Processes); Fiber Type (Glass, Carbon, Others); Resin Type (Polyester Resin , Vinyl Ester Resin , Epoxy Resin , Other Thermoset Resins); End-Use Industry (Aerospace and Defense , Transportation , Marine , Construction and Infrastructure , Others) and Geography
Flame Retardants Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Alumina Trihydrate, Brominated Flame Retardants, Antimony Trioxide, Phosphorous Flame Retardants, and others); Application (Unsaturated Polyester Resins, Epoxy Resins, PVC, Rubber, Polyolefins, and others); End-user Industry (Construction, Automotive & Transportation, Electronics, and others)
Coating Resins Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Resin Type (Acrylic Resin, Alkyd Resin, Vinyl Resin, Polyurethane Resin, Epoxy Resin, Unsaturated Polyester Resin, Saturated Polyester Resin, Amino Resin, Other Coating Resins); Technology (Waterborne Coatings, Solvent-Borne Coatings, Powder Coatings, High Solids Coatings, Radiation Curable Coatings, Others); Application (Architectural Coatings, Marine and Protective Coatings, General Industrial Coatings, Automotive Coatings, Wood Coatings, Packaging Coatings, Others) and Geography
Saturated Polyester Resin Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Type (Liquid Saturated Polyester Resin, Solid Saturated Polyester Resin) ; Application (Powder Coatings, Industrial Paints, Coil and Can Coatings, Automotive Paints, Flexible Packaging, 2k Pu Coatings, Others) and Geography
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi E-mail: sales@theinsightpartners.com Phone: +1-646-491-9876
More latest Chemicals and Materials Market Reports: https://www.theinsightpartners.com/categories/chemicals-and-materials
Logo: https://mma.prnewswire.com/media/1586348/The_Insight_Partners_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/construction-composite-market-research-report-by-raw-material-by-application-by-end-use-industry-by-region---global-forecast-to-2028---cumulative-impact-of-covid-19---by-the-insight-partners-301577595.html
Endo International plc (NASDAQ: ENDP) announced today that a federal jury in Chicago, Illinois, has returned a verdict in favor of the Company's subsidiaries Endo Pharmaceuticals Inc. and Endo Health Solutions Inc. (collectively Endo), in an antitrust trial.
Meta CEO Mark Zuckerberg announced to employees that the social media giant would be scaling back hiring and turning up the heat on its employees.
The super investor still sees opportunities ahead.
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
Shares of Shopify (NYSE: SHOP) plummeted 18.2% this week on several bits of news. First, shares fell earlier in the week when revised GDP figures were released, showing that the economy was slowing down slightly more than expected. Additionally, a new report released yesterday, showing that inflation remains stubbornly high despite the Federal Reserve's efforts to bring it down, is likely weighing down on the stock this week.
In this article, we take a look at the top 10 oil and gas stocks to invest in. If you want to skip our detailed analysis of the energy sector, go to Top 5 Oil and Gas Stocks to Invest In. The stock market has been going through a rough patch for quite some time […]
The CEO of social media giant Meta is pessimistic about the economy and is looking for ways to keep his company profitable.
The mood has changed at the headquarters of Meta Platforms , parent of Facebook, Instagram and WhatsApp, in Menlo Park, California. For months now, many economists have been anticipating a sharp downturn in the economy due to aggressive monetary policy by the Federal Reserve and central banks around the world to combat record price increases everywhere. The Russian war in Ukraine has further exacerbated the supply chain problems caused by the Covid-19 pandemic.
The bond market closed early on July 1 ahead of July 4th weekend. Stocks had a rough second quarter driven by inflation and recession fears.
Meta (META) could be bracing for a "tornado-like quarter," says Wedbush Managing Director Dan Ives.
China has snubbed troubled aircraft maker Boeing after three of its national flag carriers placed orders worth $37bn (£31bn) with rival Airbus.
Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn.
Last late-week rally in the markets quickly faded and this week is ending with declines in the major stock indexes. It’s the classic patter on the dead cat bounce, a brief recovery that is followed by more losses, and it has investors worried that there is no bottom in sight. Writing from the global markets strategy team, where he takes a broader look at the worldwide market situation, JPMorgan’s Marko Kolanovic lays out the headwinds running against US investors: “First and foremost, an unprece
(Bloomberg) -- The Apple Inc. lawyer who was once responsible for enforcing the company’s insider trading policy admitted he used his access to draft SEC filings to personally profit. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinSupreme Court Crimps Biden’s Climate Agenda With Limits on EPAGene
(Bloomberg) -- Elon Musk’s fortune plunged almost $62 billion. Jeff Bezos saw his wealth tumble by about $63 billion. Mark Zuckerberg’s net worth was slashed by more than half.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysCrypto Meltdown Claims Rolex and Patek Philippe as VictimsThe Wheels Have Come Off Electric VehiclesStock Doomsayers Vindicated in Historic First Half: Markets WrapHow Europe Became the Epicenter for This Summer’s Travel ChaosAll told, th
A stock split is a way for a publicly traded company to alter its share price and outstanding share count without affecting its market cap or operating performance. Enacting a forward stock split is a way companies can make their shares more nominally affordable for retail investors who might not have access to fractional-share investing. More importantly, stock splits are viewed as a positive sign by Wall Street and investors.
In this article, we discuss 10 defensive stocks that Ken Fisher loves. If you want to skip our detailed analysis of Fisher’s investment philosophy, hedge fund returns, and history, go directly to Ken Fisher Loves These 5 Defensive Stocks. Born in 1950, Kenneth Lawrence Fisher is an American investor, author, and founder of one of […]
Shares in this e-commerce company are now significantly cheaper (in price, not valuation). What does this mean for investors?
Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that, further to its press release dated June 29, 2022, it has entered into an additional privately negotiated exchange agreement (the "Exchange Agreement") with a holder (the "Noteholder") of the Company's outstanding 4.25% unsecured senior notes due 2023 (the "Notes"), to acquire approximately C$7.25 million (approximately USD$5.6 million) aggregate principal amount of the Notes from the Note
The S&P 500 is off to its worst start to a year since the 1970s. The Nasdaq is doing even worse.