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Pultrusion Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 301 Pages
  • April 2023
  • Region: Global
  • Lucintel
  • ID: 5790117
The future of the global pultrusion market looks good with opportunities in the construction, wind energy, transportation, electrical and electronics and consumer goods. The global pultrusion market is expected to reach an estimated $5.9 billion by 2028 with a CAGR of 5.2% 2022 to 2028. The major growth drivers for this market are increasing demand for lightweight, corrosion resistant, and durable products for various end use industries.
  • Pultrusion Market by Application, Type, End Use Industry, Fiber, and Resin

Emerging Trends in the Pultrusion Market

Emerging trends, which has a direct impact on the dynamics of the pultrusion industry includes close collaboration between industry players to serve their unique needs and find new application areas and development of green technology products.

A total of 242 figures /charts and 193 tables are provided in this 301-page report to help in your business decisions.

Pultrusion Market by Segment

The study includes a forecast for the global pultrusion market by application, type, end use industry, fiber type, resin type, and region as follows: By Application [Volume (KT) and $M shipment analysis for 2017-2028]:

  • Window Profiles
  • Rebar
  • Ladder Rails
  • Cable Trays
  • Electric Insulators
  • Decking
  • Grating
  • Road Markers
  • Sound Barriers
  • Sporting Goods
  • Tool Handles
  • Utility Poles
  • Structural Shapes
  • Transportation
  • Wind Energy
  • Others

By Type [Volume (KT) and $M shipment analysis for 2017-2028]:

  • Corrosion
  • Non-Corrosion
By End Use [Volume (KT) and $M shipment analysis for 2017-2028]:
  • Construction
  • Wind Energy
  • Transportation
  • Electrical & Electronics
  • Consumer Goods
  • Other

By Fiber Type [Volume (KT) and $M shipment analysis for 2017-2028]:

  • Glass Fiber Composites
  • Carbon Fiber and other Composites

By Resin Type [Volume (KT) and $M shipment analysis for 2017-2028]:

  • Polyester Composites
  • Epoxy Composites
  • Vinlyester Composites
  • Phenolic Composites
  • Other composites

By Region [Volume (KT) and $M shipment analysis for 2017-2028]:

  • North America
  • Europe
  • Asia Pacific
  • ROW

List of Pultrusion Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pultrusion companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pultrusion companies profiled in this report includes.
  • Strongwell Corporation
  • Exel Composites
  • Werner Company
  • Avient
  • Bedford Reinforcement
  • Creative Pultrusion Inc
  • Tecton Products
  • Teel Plastics
  • Fiberline Composites

Pultrusion Market Insight

The analyst forecasts that construction will remain the largest end use segment over the forecast period due to increasing residential and commercial activities in various developing countries. Transportation is expected to witness the highest growth over the forecast period.

Structural shapes will remain the largest segment by value and volume over the forecast period because due to its increasing use in construction end use industry. Utility pole is expected to witness the highest growth over the forecast period.

North America is expected to remain the largest region over the forecast period due to increasing residential construction and government regulations for energy efficiency. APAC is expected to witness the highest growth over the forecast period.

Features of Pultrusion Market

  • Market Size Estimates:Pultrusion market size estimation in terms of value ($M) and volume (KT)
  • Trend And Forecast Analysis:Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis:Market size by application, type, end use, fiber type, resin type, and region
Regional Analysis:Pultrusion market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities:Analysis of growth opportunities in different application, type, end use, fiber type, resin type, and region for the pultrusion market.
  • Strategic Analysis:This includes M&A, new product development, and competitive landscape for the pultrusion market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the pultrusion market size?
Answer:The global pultrusion market is expected to reach an estimated $5.9 billion by 2028
Q2. What is the growth forecast for pultrusion market?
Answer:The pultrusion market is expected to grow at a CAGR of 5.2% from 2022 to 2028.

Q3. What are the major drivers influencing the growth of the pultrusion market?
Answer: The major growth drivers for this market are increasing demand for lightweight, corrosion resistant, and durable products for various end use industries.

Q4. What are the major applications or end use industries for pultrusion?
Answer:Structural shapes and wind energy are the major applications for pultrusion.

Q5. What are the emerging trends in pultrusion market?
Answer:Emerging trends, which has a direct impact on the dynamics of the pultrusion industry, includes close collaboration between industry players to serve their unique needs and find new application areas and development of green technology products.

Q6. Who are the key pultrusion companies?
Answer:Some of the key pultrusion companies are as follows:
  • Strongwell Corporation
  • Exel Composites
  • Werner Company
  • PolyOne Corporation
  • Bedford Reinforcement
  • Creative Pultrusion Inc
  • Tecton Products
  • Teel Plastics
  • Fiberline Composites
Q7.Which pultrusion product segment will be the largest in future?
Answer: The analyst forecasts that non-corrosion segment will remain the largest segment and it is expected to witness the highest growth over the forecast period.

Q8: In pultrusion market, which region is expected to be the largest in next 5 years?
Answer:North America is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer:Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers the following 11 key questions

Q.1. What are some of the most promising potential, high growth opportunities for the global pultrusion market by application (window profile, rebar, ladder rails, cable trays, electrical insulators, decking, grating, road maker, sound barrier, sporting goods, tool handles, utility poles, structural shapes, transportation, wind energy, and others), type (corrosion, and non-corrosion), end use industry (construction, wind energy, transportation, E&E, consumer goods, and others), fiber type (glass fiber composites, carbon fiber composites and others), resin type (polyester composites, epoxy composites, vinyl ester composites, polyurethane composites, phenolic and other composites), and by region (North America, Europe, APAC, and ROW)?
Q. 2. Which segments will grow at a faster pace and why?
Q.3. Which regions will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5. What are the business risks and threats to the market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M & A activities have taken place in the last 5 years in this market?


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Table of Contents

1. Executive Summary
2. Global Pultrusion Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Pultrusion Manufacturing process analysis
2.3: Supply Chain
2.4: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends and Forecasts
3.1.1: Macroeconomic Trends
3.1.2: Macroeconomic Forecast
3.2: Global Pultrusion Market Trends and Forecast
3.3: Global Pultrusion Market by Application
3.3.1: Window profiles
3.3.2: Rebar
3.3.3: Ladder Rails
3.3.4: Cable Trays
3.3.5: Electrical Insulators
3.3.6: Decking
3.3.7: Grating
3.3.8: Road Markers
3.3.9: Sound Barriers
3.3.10: Sporting Goods
3.3.11: Tool Handles
3.3.12: Utility Poles
3.3.13: Structural Shapes
3.3.14: Transportation
3.3.15: Wind Energy
3.3.16: Others
3.4: Global Pultrusion Market by Type
3.4.1: Corrosion
3.4.2: Non-Corrosion
3.5: Global Pultrusion Market by End Use Industry
3.5.1: Construction
3.5.2: Wind Energy
3.5.3: Transportation
3.5.4: Electrical and Electronics
3.5.5: Consumer Goods
3.5.6: Others
3.6: Global Pultrusion Market by Fiber Type
3.6.1: Glass Fiber Composites
3.6.2: Carbon Fiber Composites and Others
3.7: Global Pultrusion Market by Resin Type
4. Market Trends and Forecast Analysis by Region
4.1: Global Pultrusion Market by Region
4.2: North American Pultrusion Market
4.2.1: Market by Application
4.2.2: Market by End Use
4.3: Europe Pultrusion Market
4.3.1: Market by Application
4.3.2: Market by End Use
4.4: APAC Pultrusion Market
4.4.1: Market by Application
4.4.2: Market by End Use
4.5: ROW Pultrusion Market
4.5.1: Market by Application
4.5.2: Market by End Use
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Pultrusion Market by Application
6.1.2: Growth Opportunities for the Global Pultrusion Market by Type
6.1.3: Growth Opportunities for the Global Pultrusion Market by End Use
6.1.4: Growth Opportunities for the Global Pultrusion Market by Region
6.2: Emerging Trends in the Global Pultrusion Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Pultrusion Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Pultrusion Market
6.3.4: Certification and Licensing
6.3.5: Technology Development
7. Company Profiles of Leading Players
7.1: Strongwell Corporation
7.2: Exel Composites
7.3: Werner Company
7.4: PolyOne Corporation
7.5: Bedford Reinforcement
7.6: Creative Pultrusion Inc
7.7: Tecton Products
7.8: Teel Plastics
7.9: Fiberline Composites

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Strongwell Corporation
  • Exel Composites
  • Werner Company
  • PolyOne Corporation
  • Bedford Reinforcement
  • Creative Pultrusion Inc
  • Tecton Products
  • Teel Plastics
  • Fiberline Composites

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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