Global North American Construction Composites Market Size, Growth Analysis Report, Forecast to 2027


Posted September 20, 2021 by Kashifahmed122

The North American construction composites market is anticipated to showcase a considerable growth rate during the forecast period.

 
The North American construction composites market is anticipated to showcase a considerable growth rate during the forecast period. The presence of a well-established chemical sector and considerable growth in investment regarding eco-friendly building and construction industry are the pivotal factors driving the North American construction composite market. As per the America Chemistry Council, in the US alone, the chemical industry registered a significant growth of 2.5% rise in 2019 and is projected to register a significant growth of 3.0% rise in 2020, despite this pandemic. Over the past few years, the North American construction industry has seen a wide range of new entrants. Alphabet (Google) has invested in Sidewalk Labs, a development company aiming to turn urban areas into smart and sustainable public spaces.


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Considerable investment in the construction sector is expected to augment the demand for construction composites. In North America, the US is anticipated to hold a major market share in the regional construction composite market. The presence of key market players in the region is again contributing to the growth of the construction composites market in North American. The major players contributing to the North American construction composites market include Arkema Group, Mitsubishi Chemical Corp., BASF SE, Reichhold LLC, Koninklijke DSM N.V., and others. The key players in the market focus more on new product development and launches, partnerships and collaborations, geographical expansions, and innovative technological upgradations.

The construction composites market is segmented based on fiber type, resin type, and end-user. Based on fiber type, the market is segmented into carbon fiber, glass fiber, and other types. Carbon fiber is expected to hold considerable market share based on fiber type owing to high strength and low weight. However, the adoption of carbon-free composites in the countries of North America may restrain the growth of this market segment. Based on the resin type, the construction composites market is segmented into thermoplastic resin and thermosetting resin. Based on end-user, the market is segmented into residential, commercial & industrial.



The market study of the North American construction composites market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity to our reports.



Secondary Sources Include:

· Financial reports of companies involved in the market

· Whitepapers research-papers, and news blogs

· Company websites and their product catalogue



The report is intended for a healthcare service provider, medical device companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.



A Full Report of Global North American Construction Composites Market Market is Available at:

https://www.omrglobal.com/industry-reports/north-american-construction-composites-market



Market Overview and Insights

l Scope of the Report

l Analyst Insight & Current Market Trends

l Key Findings

l Recommendations

l Conclusion





Market Determinants

l Motivators

l Restraints

l Opportunities

Market Segmentation

North American Construction Composites Market by Fiber Type

l Carbon Fiber

l Glass Fiber

l Other Fiber

North American Construction Composites Market by Resin Type

l Thermoplastic Resin

l Thermosetting Resin

North American Construction Composites Market by End-User

l Residential

l Commercial

l Industrial



Company Profiles



l Allnex Netherlands B.V.

l AOC, LLC

l Arkema S.A.

l Ashland Global Holdings Inc.

l BASF SE

l CIECH S.A.

l Crystic Resins India Pvt. Ltd.

l DuPont de Nemours, Inc.

l Eternal Materials Co., Ltd.

l Evonik Industries, Inc.

l INEOS AG

l Koninklijke DSM N.V.

l OrgiChemie FZ LLC

l PolyntSpA

l Qualipoly Chemical Corp.

l Reichhold LLC

l The Dow Chemical Co.





Regional Analysis

North America

l United States

l Canada

Europe

l UK

l Germany

l Italy

l Spain

l France

l Rest of Europe

Asia-Pacific

l China

l India

l Japan

l Rest of Asia-Pacific

l Rest of the World





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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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Contact Email [email protected]
Issued By Kashif Ahmed
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Country India
Categories Business
Tags global north american construction composites market
Last Updated September 20, 2021