NORTH AMERICA CONSTRUCTION COMPOSITES MARKET FORECAST 2017-2026
KEY FINDINGS
The North America construction composites market was at $ 1303 million in 2016. Between the forecast years of 2017-2026, the market growth is likely to catapult with a 6.72% CAGR, generating a total revenue of $2480 million.
MARKET INSIGHTS
An increasing emphasis on green constructions is driving the demand for composites market in North America. Composite fabricators are increasingly being used for redeveloping old architectural structures and increasing the life of bridge lock-up device systems. Glass fibers are the most popular fiber types in the U.S market. Fabrication processes in the U.S include spray-up, hand lay-up, and filament winding. Transportation and construction are the two major applications for composite materials in the U.S. Similarly, the Canadian region is experiencing a growth in commercial as well as residential building projects, which is significantly aiding the expansion of construction composites in the region.
COMPETITIVE INSIGHTS
Major companies dealing in construction composites for the North American region include Timbertech Limited, Trex Company Inc, Exel Composites, Fiberon Llc, CPG International, Strongwell Corporation, Fibergrate Composite Structures Inc, Hughes Brothers Inc, Upm Biocomposites, Advanced Environmental Recycling Technologies, Fibrolux Gmbh, Schoeck International, Diversified Structural Composites Inc and Bedford Reinforced Plastics.
The North America construction composites market was at $ 1303 million in 2016. Between the forecast years of 2017-2026, the market growth is likely to catapult with a 6.72% CAGR, generating a total revenue of $2480 million.
MARKET INSIGHTS
An increasing emphasis on green constructions is driving the demand for composites market in North America. Composite fabricators are increasingly being used for redeveloping old architectural structures and increasing the life of bridge lock-up device systems. Glass fibers are the most popular fiber types in the U.S market. Fabrication processes in the U.S include spray-up, hand lay-up, and filament winding. Transportation and construction are the two major applications for composite materials in the U.S. Similarly, the Canadian region is experiencing a growth in commercial as well as residential building projects, which is significantly aiding the expansion of construction composites in the region.
COMPETITIVE INSIGHTS
Major companies dealing in construction composites for the North American region include Timbertech Limited, Trex Company Inc, Exel Composites, Fiberon Llc, CPG International, Strongwell Corporation, Fibergrate Composite Structures Inc, Hughes Brothers Inc, Upm Biocomposites, Advanced Environmental Recycling Technologies, Fibrolux Gmbh, Schoeck International, Diversified Structural Composites Inc and Bedford Reinforced Plastics.
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. NORTH AMERICA IS ANTICIPATED TO WITNESS THE FASTEST GROWTH IN THE CONSTRUCTION COMPOSITES MARKET
3.2.2. KEEN FOCUS ON SUSTAINABILITY AND GREEN BUILDING PRODUCTS
3.2.3. POSITIVE OUTLOOK ON COMPOSITE RECYCLING IN THE CONSTRUCTION SECTOR
4. MARKET DYNAMICS
4.1. MARKET DEFINITION
4.2. DRIVERS
4.2.1. GROWTH IN HOUSING AND CONSTRUCTION SECTOR
4.2.2. SUPERIOR COMPOSITES PROPERTIES
4.2.3. STRONG DEMAND FOR COMPOSITES IN CONSTRUCTION SECTOR
4.3. RESTRAINTS
4.3.1. HIGH INITIAL COST OF COMPOSITES
4.3.2. RECYCLABILITY ISSUES
4.4. OPPORTUNITIES
4.4.1. INCREASING DEMAND FOR PULTRUDED PROFILES
4.4.2. INCREASING COMPOSITES DEMAND IN CIVIL APPLICATIONS
4.5. CHALLENGES
4.5.1. LOW-COST SUBSTITUTES
5. MARKET BY FIBER TYPE
5.1. GLASS FIBER
5.2. NATURAL FIBER
5.3. OTHERS
6. MARKET RESIN TYPE
6.1. THERMOPLASTIC
6.2. THERMOSET
7. MARKET BY END-USERS
7.1. INDUSTRIAL
7.2. COMMERCIAL
7.3. HOUSING
7.4. CIVIL
8. KEY ANALYTICS
8.1. PORTER’S 5 FORCE MODEL
8.1.1. THREAT OF NEW ENTRANTS
8.1.2. THREAT OF SUBSTITUTE PRODUCTS
8.1.3. BARGAINING POWER OF BUYERS
8.1.4. BARGAINING POWER OF SUPPLIERS
8.1.5. INTENSITY OF COMPETITIVE RIVALRY
8.2. VENDOR LANDSCAPE
8.3. OPPORTUNITY MATRIX
9. GEOGRAPHICAL ANALYSIS
9.1. US
9.2. CANADA
10. COMPANY PROFILES
10.1. STRONGWELL CORPORATION
10.2. EXEL COMPOSITES OYJ
10.3. TREX COMPANY, INC.
10.4. UPM BIOCOMPOSITES
10.5. BEDFORD REINFORCED PLASTICS
10.6. ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC. (AERT)
10.7. HUGHES BROTHERS, INC.
10.8. DIVERSIFIED STRUCTURAL COMPOSITES INC
10.9. SCHOECK INTERNATIONAL
10.10. JIANGSU JIUDING NEW MATERIAL CO., LTD.
10.11. FIBERGRATE COMPOSITE STRUCTURES, INC.
10.12. FIBERON LLC
10.13. FIBROLUX GMBH
10.14. TIMBERTECH LIMITED
10.15. CPG INTERNATIONAL
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. NORTH AMERICA IS ANTICIPATED TO WITNESS THE FASTEST GROWTH IN THE CONSTRUCTION COMPOSITES MARKET
3.2.2. KEEN FOCUS ON SUSTAINABILITY AND GREEN BUILDING PRODUCTS
3.2.3. POSITIVE OUTLOOK ON COMPOSITE RECYCLING IN THE CONSTRUCTION SECTOR
4. MARKET DYNAMICS
4.1. MARKET DEFINITION
4.2. DRIVERS
4.2.1. GROWTH IN HOUSING AND CONSTRUCTION SECTOR
4.2.2. SUPERIOR COMPOSITES PROPERTIES
4.2.3. STRONG DEMAND FOR COMPOSITES IN CONSTRUCTION SECTOR
4.3. RESTRAINTS
4.3.1. HIGH INITIAL COST OF COMPOSITES
4.3.2. RECYCLABILITY ISSUES
4.4. OPPORTUNITIES
4.4.1. INCREASING DEMAND FOR PULTRUDED PROFILES
4.4.2. INCREASING COMPOSITES DEMAND IN CIVIL APPLICATIONS
4.5. CHALLENGES
4.5.1. LOW-COST SUBSTITUTES
5. MARKET BY FIBER TYPE
5.1. GLASS FIBER
5.2. NATURAL FIBER
5.3. OTHERS
6. MARKET RESIN TYPE
6.1. THERMOPLASTIC
6.2. THERMOSET
7. MARKET BY END-USERS
7.1. INDUSTRIAL
7.2. COMMERCIAL
7.3. HOUSING
7.4. CIVIL
8. KEY ANALYTICS
8.1. PORTER’S 5 FORCE MODEL
8.1.1. THREAT OF NEW ENTRANTS
8.1.2. THREAT OF SUBSTITUTE PRODUCTS
8.1.3. BARGAINING POWER OF BUYERS
8.1.4. BARGAINING POWER OF SUPPLIERS
8.1.5. INTENSITY OF COMPETITIVE RIVALRY
8.2. VENDOR LANDSCAPE
8.3. OPPORTUNITY MATRIX
9. GEOGRAPHICAL ANALYSIS
9.1. US
9.2. CANADA
10. COMPANY PROFILES
10.1. STRONGWELL CORPORATION
10.2. EXEL COMPOSITES OYJ
10.3. TREX COMPANY, INC.
10.4. UPM BIOCOMPOSITES
10.5. BEDFORD REINFORCED PLASTICS
10.6. ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC. (AERT)
10.7. HUGHES BROTHERS, INC.
10.8. DIVERSIFIED STRUCTURAL COMPOSITES INC
10.9. SCHOECK INTERNATIONAL
10.10. JIANGSU JIUDING NEW MATERIAL CO., LTD.
10.11. FIBERGRATE COMPOSITE STRUCTURES, INC.
10.12. FIBERON LLC
10.13. FIBROLUX GMBH
10.14. TIMBERTECH LIMITED
10.15. CPG INTERNATIONAL
LIST OF TABLES
Table 1 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY COUNTRY 2017-2026 ($ MILLION)
Table 2 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY TYPE 2017-2026 ($ MILLION)
Table 3 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY RESIN TYPE 2017-2026 ($ MILLION)
Table 4 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY END-USERS 2017-2026 ($ MILLION)
Table 5 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY COUNTRY 2017-2026 ($ MILLION)
Table 1 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY COUNTRY 2017-2026 ($ MILLION)
Table 2 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY TYPE 2017-2026 ($ MILLION)
Table 3 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY RESIN TYPE 2017-2026 ($ MILLION)
Table 4 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY END-USERS 2017-2026 ($ MILLION)
Table 5 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY COUNTRY 2017-2026 ($ MILLION)
LIST OF FIGURES
Figure 1 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY RESIN TYPE 2017-2026 ($ MILLION)
Figure 2 NORTH AMERICA GAS FIBER CONSTRUCTION COMPOSITES MARKET 2017-2026 ($ MILLION)
Figure 3 NORTH AMERICA NATURAL FIBER CONSTRUCTION COMPOSITES MARKET 2017-2026 ($ MILLION)
Figure 4 NORTH AMERICA OTHER CONSTRUCTION COMPOSITE MARKET BY 2017-2026 ($ MILLION)
Figure 5 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN THERMOPLASTIC SEGMENT 2017-2026 ($ MILLION)
Figure 6 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN THERMOSET SEGMENT 2017-2026 ($ MILLION)
Figure 7 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN INDUSTRIAL SECTOR 2017-2026 ($ MILLION)
Figure 8 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN COMMERCIAL SECTOR 2017-2026 ($ MILLION)
Figure 9 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN HOUSING SECTOR 2017-2026 ($ MILLION)
Figure 10 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN CIVIL SECTOR 2017-2026 ($ MILLION)
Figure 11 US CONSTRUCTION COMPOSITES MARKET 2017-2026 ($ MILLION)
Figure 12 CANADA CONSTRUCTION COMPOSITES MARKET 2017-2026 ($ MILLION)
Figure 1 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET BY RESIN TYPE 2017-2026 ($ MILLION)
Figure 2 NORTH AMERICA GAS FIBER CONSTRUCTION COMPOSITES MARKET 2017-2026 ($ MILLION)
Figure 3 NORTH AMERICA NATURAL FIBER CONSTRUCTION COMPOSITES MARKET 2017-2026 ($ MILLION)
Figure 4 NORTH AMERICA OTHER CONSTRUCTION COMPOSITE MARKET BY 2017-2026 ($ MILLION)
Figure 5 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN THERMOPLASTIC SEGMENT 2017-2026 ($ MILLION)
Figure 6 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN THERMOSET SEGMENT 2017-2026 ($ MILLION)
Figure 7 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN INDUSTRIAL SECTOR 2017-2026 ($ MILLION)
Figure 8 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN COMMERCIAL SECTOR 2017-2026 ($ MILLION)
Figure 9 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN HOUSING SECTOR 2017-2026 ($ MILLION)
Figure 10 NORTH AMERICA CONSTRUCTION COMPOSITES MARKET IN CIVIL SECTOR 2017-2026 ($ MILLION)
Figure 11 US CONSTRUCTION COMPOSITES MARKET 2017-2026 ($ MILLION)
Figure 12 CANADA CONSTRUCTION COMPOSITES MARKET 2017-2026 ($ MILLION)
