Global Construction Composites Market Size & Outlook
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 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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 size, by regions, 2018-2028 (US$M)
Top 10 countries: Construction composites market size, 2020 (US$M)
Global construction composites market share, by fiber type, 2020 & 2028 (%, US$M)
Construction composites market: Opportunity assessment by country
Global construction composites market, by region, 2020 (US$M)
Related regional statistics
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