The global composites in European construction market is projected to reach $3.6 billion by 2028, at a CAGR of 3.3% during 2022-2028. The growth of composites in European construction market is driven by 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.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, 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 business risks and threats to the composites in European construction market?
Q.4 What are some changing demands of customers in the composites in European construction market?
Q.5 What are the new developments in the composites in European construction market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this composites in European construction area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this composites in European construction market?
Emerging trends, which have a direct impact on the dynamics of the 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.
Market Segmentation:
Based on application, the composites in European construction market is segmented into 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. The FRP bathtubs segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to the increase in the housing construction increase in the demand for luxury factors, and rise in household income.
Key Players in the composites in European construction market are 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.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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