Market Overview:
The global composite utility pole market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for composite utility poles from the power industry and communications industry. In terms of region, North America is expected to lead the global composite utility pole market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A composite utility pole is a type of utility pole made from multiple materials, most often steel and wood. Composite utility poles are used to carry electric power lines, telecommunications cables, and streetlights. They are stronger than traditional wooden poles and less susceptible to damage from weather or pests.
Length: Below 20 feet:
The composite utility pole is manufactured using a combination of plastic and metal. The composite material provides several advantages over the traditional wood or concrete poles including, less weight on road, less maintenance cost due to low corrosion, and more reliable lifespan.
Composite utility poles are used for electricity transmission & distribution as well as telecommunication purposes.
Length: 20-40 feet:
Composite utility poles are made up of materials such as fiberglass, concrete, wood and steel. These composite materials offer several advantages over traditional metal or wooden utility poles including high strength and durability along with less maintenance costs. The growing demand for reliable power transmission is expected to drive the market growth in the coming years.
Application Insights:
The power industry segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electricity across developing countries, such as India, China and Brazil. Furthermore, technological advancements in communication industry are also expected to contribute toward overall market growth during the same period owing to increase in internet users globally.
Utility poles provide connectivity between different parts of a city or rural area with fiber optic cables which aid internet speedier transmission & accessibility which is anticipated to propel its demand further driving composites utility pole market over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing demand from countries such as China, India, Japan, South Korea and Australia. In addition, rising number of data centers across these countries is anticipated to drive growth over the next eight years.
The Asia Pacific regional market includes emerging economies such as China and India that are projected to grow at a rapid pace over the coming years due to increased government investments in infrastructure development along with growing demand for electricity generation capacity from rapidly expanding manufacturing sector.
Europe was estimated at USD X billion in 2017 and is expected to witness significant growth during the forecast period on account of increasing utility pole requirements across various applications including power industry (power distribution & transmission), telecommunication industry (landline & mobile phones) along with others.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Rapid deployment of smart grids and associated infrastructure
- Proliferation of electric vehicles and charging stations
- Growing investment in renewable energy sources such as solar and wind power
- Stringent government regulations mandating the use of composite utility poles
Scope Of The Report
Report Attributes
Report Details
Report Title
Composite Utility Pole Market Research Report
By Type
Length: Below 20 feet, Length: 20-40 feet, Length: More than 40 feet
By Application
Power Industry, Communications Industry, Others
By Companies
Creative Pultrusions Customs, BASF, Valmont (Shakespeare), Intelli-Pole, Strongwell, RS Technologies, Trident Industries, Jerol, Alliance Composites Inc., Ameron
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Composite Utility Pole Market Report Segments:
The global Composite Utility Pole market is segmented on the basis of:
Types
Length: Below 20 feet, Length: 20-40 feet, Length: More than 40 feet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Industry, Communications Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Creative Pultrusions Customs
- BASF
- Valmont (Shakespeare)
- Intelli-Pole
- Strongwell
- RS Technologies
- Trident Industries
- Jerol
- Alliance Composites Inc.
- Ameron
Highlights of The Composite Utility Pole Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Length: Below 20 feet
- Length: 20-40 feet
- Length: More than 40 feet
- By Application:
- Power Industry
- Communications Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Composite Utility Pole Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A composite utility pole is a type of utility pole made from multiple materials, including wood, metal, and plastic. Composite poles are stronger and more durable than traditional wooden or metal poles, making them ideal for areas where heavy use is expected.
Some of the major players in the composite utility pole market are Creative Pultrusions Customs, BASF, Valmont (Shakespeare), Intelli-Pole, Strongwell, RS Technologies, Trident Industries, Jerol, Alliance Composites Inc., Ameron.
The composite utility pole market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Composite Utility Pole Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Composite Utility Pole Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Composite Utility Pole Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Composite Utility Pole Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Composite Utility Pole Market Size & Forecast, 2018-2028
4.5.1 Composite Utility Pole Market Size and Y-o-Y Growth
4.5.2 Composite Utility Pole Market Absolute $ Opportunity
Chapter 5 Global Composite Utility Pole Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Composite Utility Pole Market Size Forecast by Type
5.2.1 Length: Below 20 feet
5.2.2 Length: 20-40 feet
5.2.3 Length: More than 40 feet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Composite Utility Pole Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Composite Utility Pole Market Size Forecast by Applications
6.2.1 Power Industry
6.2.2 Communications Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Composite Utility Pole Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Composite Utility Pole Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Composite Utility Pole Analysis and Forecast
9.1 Introduction
9.2 North America Composite Utility Pole Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Composite Utility Pole Market Size Forecast by Type
9.6.1 Length: Below 20 feet
9.6.2 Length: 20-40 feet
9.6.3 Length: More than 40 feet
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Composite Utility Pole Market Size Forecast by Applications
9.10.1 Power Industry
9.10.2 Communications Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Composite Utility Pole Analysis and Forecast
10.1 Introduction
10.2 Europe Composite Utility Pole Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Composite Utility Pole Market Size Forecast by Type
10.6.1 Length: Below 20 feet
10.6.2 Length: 20-40 feet
10.6.3 Length: More than 40 feet
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Composite Utility Pole Market Size Forecast by Applications
10.10.1 Power Industry
10.10.2 Communications Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Composite Utility Pole Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Composite Utility Pole Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Composite Utility Pole Market Size Forecast by Type
11.6.1 Length: Below 20 feet
11.6.2 Length: 20-40 feet
11.6.3 Length: More than 40 feet
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Composite Utility Pole Market Size Forecast by Applications
11.10.1 Power Industry
11.10.2 Communications Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Composite Utility Pole Analysis and Forecast
12.1 Introduction
12.2 Latin America Composite Utility Pole Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Composite Utility Pole Market Size Forecast by Type
12.6.1 Length: Below 20 feet
12.6.2 Length: 20-40 feet
12.6.3 Length: More than 40 feet
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Composite Utility Pole Market Size Forecast by Applications
12.10.1 Power Industry
12.10.2 Communications Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Composite Utility Pole Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Composite Utility Pole Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Composite Utility Pole Market Size Forecast by Type
13.6.1 Length: Below 20 feet
13.6.2 Length: 20-40 feet
13.6.3 Length: More than 40 feet
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Composite Utility Pole Market Size Forecast by Applications
13.10.1 Power Industry
13.10.2 Communications Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Composite Utility Pole Market: Competitive Dashboard
14.2 Global Composite Utility Pole Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Creative Pultrusions Customs
14.3.2 BASF
14.3.3 Valmont (Shakespeare)
14.3.4 Intelli-Pole
14.3.5 Strongwell
14.3.6 RS Technologies
14.3.7 Trident Industries
14.3.8 Jerol
14.3.9 Alliance Composites Inc.
14.3.10 Ameron
