Composites and Advanced Materials

According to a new market report published by Lucintel, the future of the composites in European construction market looks promising with opportunities in FRP panel and sheets, FRP gratings and decking, FRP doors and windows, FRP rebars, FRP utility poles, FRP bathtub, FRP cooling towers, FRP ladders and ladder rails, FRP swimming pools, and FRP structural shapes applications. The composite in European construction market is expected to grow with a CAGR of 3.3% from 2021 to 2027. 

The major driver for this market is the growing demand for construction activities due to decrease in unemployment, increased inflow of public and private investment and growth in residential construction to infrastructure sector.

In this market, filament winding, pultrusion, hand lay-up, spray-up, thermoset compression molding, thermoset injection molding, resin infusion, and prepreg layup are the various manufacturing processes of the composites in European construction. Lucintel forecasts compression molding process in composites in European construction will remain the largest manufacturing process over the forecast period due to its growing demand in different end use industries and applications. Prepreg lay up is expected to witness highest growth over the forecast period.

Within the composites in European construction market, FRP bathtub will remain the largest application over the forecast period due to the increase in the housing construction, increase in the demand for luxury factors, and rise in household income. FRP rebars is expected to witness the highest growth over the forecast period

Emerging trends, which have a direct impact on the dynamics of the composites in European construction industry, include the shifting of investments from an international to an intercontinental arena and the increasing interest of private equity firms in the construction industry. Villeroy and Boch, Lamilux, ROCA Group, Exel Composites, IG Doors, Teuco, Brett Martin Daylight Systems, Hill and Smith, Hamon Group-Cooling Systems, Ticomm & Promaco, and FiberCore Europe are among the composites in European construction manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the composites in European construction market by application, manufacturing process, resin, and fiber. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Composites in European Construction Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the composites in European construction market by application, manufacturing process, resin, and fiber.as follows:

By Application [Value ($M) and Volume (M lbs) shipment analysis from 2016 to 2027]:

·        FRP Panels and Sheets

·        FRP Gratings and Deckings

·        FRP Doors and Windows

·        FRP Rebars

·        FRP Utility Poles

·        FRP Bathtub

·        FRP Cooling Towers

·        FRP Swimming Pools

·        FRP Ladders and Ladder Rails

·        FRP Structural Shapes

·        Others

By Manufacturing Process [Value ($B) and Volume (M lbs) shipment analysis for 2016 – 2027]:

·        Hand Layup

·        Spray UP

·        Resin Infusion

·        Filament Winding

·        Pultrusion

·        Injection Molding

·        Compression Molding

·        Prepreg Layup

·        Others

By Resin [Value ($B) and Volume (M lbs) shipment analysis for 2016 – 2027]:

·        Polyester Based Composites

·        Vinyl Ester Based Composites

·        Epoxy Based Composites

·        Phenolic Based Composites

·        Polyurethane Based Composites and Others

By Fiber [Value ($M) and Volume (M lbs) shipment analysis from 2016 to 2027]:

·        Glass Fiber Composites

·        Carbon Fiber Composites and Others

This 155-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/composites-in-european-construction-market.aspx or write us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 10 key questions:

 

Q.1 What are some of the most promising potential, high-growth opportunities for the composites in European construction market by application (FRP panels and sheets, FRP gratings and decking, FRP doors and windows, FRP rebar, FRP utility poles, FRP bathtub, FRP cooling towers, FRP swimming pools, FRP ladder and ladder rails, FRP structural shapes, and others), resin (polyester based composites, vinyl ester based composites, epoxy based composites, phenolic based composites, polyurethane based composites and others), fiber (glass fiber composites, carbon fiber composites and others), and manufacturing process (hand layup, spray up, resin infusion, filament winding, pultrusion, injection molding, compression molding, prepreg layup, and others)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.4 What are the business risks and threats to the market?

Q.5 What are the emerging trends in this market and the reasons behind them?

Q.6 What are the changing demands of customers in the market?

Q.7 What are the new developments in the market? Which companies are leading these developments?

Q.8 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.9 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.10 What M & A activities have taken place in the last 5 years in this market?