Global Construction Composites Market Size & Outlook
The construction composites industry worldwide is expected to reach a projected revenue of US$ 13,261.1 million by 2028. A compound annual growth rate of 5.7% is expected of the worldwide construction composites industry from 2021 to 2028.
Revenue, 2020 (US$M)
$8,490.9
Forecast, 2028 (US$M)
$13,261.1
CAGR, 2021 - 2028
5.7%
Report Coverage
Worldwide
Global construction composites market, 2018-2028 (US$M)
Related Markets
Global construction composites market highlights
- The global construction composites market generated a revenue of USD 8,490.9 million in 2020 and is expected to reach USD 13,261.1 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 5.7% by 2028.
- In terms of segment, carbon fiber accounted for a revenue of USD 5,125.4 million in 2020.
- Glass Fiber is the most lucrative fiber type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2020.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 8,490.9 million |
| Market revenue in 2028 | USD 13,261.1 million |
| Growth rate | 5.7% (CAGR from 2020 to 2028) |
| Largest segment | Carbon fiber |
| Fastest growing segment | Glass Fiber |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Fiber, Glass Fiber |
Other key industry trends
- In terms of revenue, the North America accounted for 19.1% of the global construction composites market in 2020.
- By country, the China is projected to lead the global market in terms of revenue in 2028.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 186.3 million by 2028.
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Construction Composites Market Scope
Construction composites market segmentation & scope
Construction Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global construction composites market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to construction composites market will help companies and investors design strategic landscapes.
carbon fiber was the largest segment with a revenue share of 60.36% in 2020. Horizon Databook has segmented the Global construction composites market based on carbon fiber, glass fiber covering the revenue growth of each sub-segment from 2018 to 2028.
- Global Construction Composites Fiber Type Outlook (Revenue, USD Million, 2018-2028)
- Carbon Fiber
- Glass Fiber
- Others
- Global Construction Composites Resin Type Outlook (Revenue, USD Million, 2018-2028)
- Thermoset
- Thermoplastic
- Global Construction Composites Application Outlook (Revenue, USD Million, 2018-2028)
- Industrial
- Commercial
- Residential
- Others
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Target buyers of Global construction composites market databook
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Our clientele includes a mix of construction composites market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global construction composites market , including forecasts for subscribers. This global databook contains high-level insights into Global construction composites market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Global construction composites market outlook statistics, by region, 2018-2028 (US$M)
Top 10 countries: Construction composites market size, 2020 (USD Million)
Top 10 countries: Construction composites market size, 2020 (USD Million)
Global construction composites market, by region, 2020 (US$M)
Related regional statistics
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