According to the recent study the pultrusion market is projected to reach an estimated $4.0 billion by 2030 from $3.0 billion in 2023, at a CAGR of 5.0% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for lightweight, corrosion resistant, and durable products for various end uses.Browse 242 figures / charts and 193 tables in this 301 -page report to understand trends, opportunities and forecast in pultrusion market by application (window profile, rebar, ladder rails, cable trays, etc), type (corrosion, and non-corrosion), end use (construction, wind energy, transportation, E&E, consumer goods, etc), fiber type (glass fiber composites, carbon fiber composites and others), resin type (polyester composites, epoxy composites, vinyl ester composites, polyurethane composites, phenolic and other composites), and by regions.
Lucintel forecasts that construction will remain the largest end use segment over the forecast period due to increasing residential and commercial activities in various developing countries. Wind energy is expected to witness the highest growth over the forecast period.
Structural shapes will remain the largest segment by value and volume over the forecast period because due to its increasing use in construction end use industry. Wind energy is expected to witness the highest growth over the forecast period.
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APAC is expected to remain the largest region over the forecast period due to increasing residential construction and government regulations for energy efficiency. North America is expected to witness the highest growth over the forecast period.
Strongwell Corporation, Exel Composites, Werner Company, Avient, Bedford Reinforcement, Creative PultrusionInc, Tecton Products, Teel Plastics, Fiberline Composites are the major suppliers in the pultrusionmarket.
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Contact:
Roy Almaguer
Lucintel
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Email: [email protected]
Tel. +1 972.636.5056
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