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Gradual Upsurge in Construction Activity Expected to Drive Growth
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This research service analyzes the building and construction (B&C) composites market in North America and Europe. • Europe – Germany, France, the United Kingdom, Italy, Scandinavia, Spain, and Eastern Europe, among others• North America – The United States and CanadaThe main segments covered include the following:• Composite fibers - glass and carbon fibers • Composite resins - unsaturated polyesters, vinyl esters, epoxies, phenolics, thermoplastics, polyurethanes, and modified liquid acrylic resinsThe major market drivers and restraints, the regional construction outlook, and product and technology trends are discussed. Key insights from the construction industry for each of the individual countries mentioned above have been discussed at the regional level. Unit shipment and revenue forecast has been provided for each segment from 2013 to 2023.At the sub-segment level, the analysis focuses on the major applications, which are mainly classified into 5 categories. These include structural applications, wet areas, door and window profiles, infrastructure, and large facades and panels. Percent unit shipment for each country is also mapped for Europe and North America. Competitive structure and market share data have been provided at the top level. Competitive environment has been covered for each of the segments. The base year is 2016 and the forecast period ends at 2023.Drivers: Strong growth in B&C activity in North America, steady recovery in European construction activity, increasing customer awareness about the benefits of compositesRestraints: Relatively high cost of composites when compared to traditional materials, weak regulatory framework to promote the use of composite materials, and difficulties in terms of recycling of composite productsKey Questions Answered Include the Following:• At what stage is the market? How is it expected to grow during the forecast period?• What is the demand for carbon and glass fibers in B&C applications?• What are the key factors driving and restraining market growth?• What types of resin systems are used in B&C composite applications? What is the growth outlook for such materials?• What are the competitive factors affecting the market? How will the market structure change with time?What makes Frost & Sullivan's studies unique? The company provides one of the longest market segmentation chains in this industry. A detailed market, product, and competitive positioning is conducted. Entry strategies, gaps, and opportunities are identified for all the stakeholders.Comprehensive market analysis is done for many sectors, such as pharmaceuticals, medical devices, biotechnology, semiconductors and electronics, energy and power supplies, food and beverage, chemicals, advanced materials, industrial automation, and telecom and IT. Retailers and super-retailers, technology partners, and R&D companies are also analyzed.
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