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Construction Composites Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
The Business Research Company’s Construction Composites Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, May 12, 2022 /EINPresswire.com/ -- According to ‘Construction Composites Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the 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 construction composites market growth.
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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 Trends 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.
Global Construction Composites Market Segments The global construction composites market is segmented: 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 global construction composites market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more on the global construction composites market report at: https://www.thebusinessresearchcompany.com/report/construction-composites-global-market-report
Construction Composites Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides construction composites global market overview, construction composites global market analysis and forecasts market size and growth for the global construction composites market, construction composites global market share, construction composites global market segments and geographies, construction composites global market trends, construction composites global market players, construction composites global market leading competitor revenues, profiles and market shares. The construction composites global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Construction Composites Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key 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. And so much more.
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About The Business Research Company? The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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