Market Overview:
The global pultrusion market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and durable products, owing to the growing awareness about environmental protection and energy conservation. In addition, the increasing demand for advanced composites in various end-use industries is also contributing to the growth of the global pultrusion market. Based on type, the polyester segment is expected to lead the global pultrusion market duringthe forecast period.
Product Definition:
Pultrusion is a manufacturing process that uses a continuous filament of resin-impregnated glass or carbon fiber to create profiles, rods, tubes and other shapes. The process begins by feeding the fiber into a heated die where it is drawn through a reservoir of molten resin. The fiber is then forced through an opening in the die and out the other side while still under pressure, forming it into the desired shape. Pultruded parts are strong and lightweight, making them ideal for use in applications such as boat hulls, automotive body parts and wind turbine blades.
Polyester:
Polyester is a synthetic fiber that has high tensile strength and low elongation. It is resistant to most solvents, acids, and bases. It can be either heat-treated or chemical- treated depending on the end use application.
Vinyl Ester:
Vinyl ester is a polymer, which contains carbon and hydrogen. It can be produced by chemical synthesis or fermentation. The most common vinyl esters are polyvinyl acetate (PVA), polyvinyl alcohol (PVA), and polyacrylic acid (PAA).
Application Insights:
The industrial application segment accounted for the largest revenue share of over 40% in 2017. Pultrusion is widely used in industries such as automotive, marine, medical devices and appliances, furniture and bedding assembly among others. The growing demand for lightweight vehicles with superior performance has led to an increased use of pultruded parts in the automotive industry.
Pultrusion is also used extensively in the housing sector owing to its ability to produce high-quality components with low labor cost per unit of output. In addition, rising urbanization due to increasing disposable income levels coupled with favorable government policies have boosted product demand across various housing applications including single-family houses/duplexes/townhouses and multi-family houses (such as apartments).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is projected to account for a revenue share of over 38% by 2030. This can be attributed to increasing infrastructure spending coupled with growing industrialization across emerging economies, such as China and India.
The demand for pultrusion in Europe was valued at USD X million in 2017 owing to increased construction activities along with favorable regulations aimed at promoting energy-efficient buildings that are environment friendly. In addition, rising awareness regarding building green homes is anticipated to augment industry growth over the coming years.
In North America, stringent government regulations pertaining towards energy consumption while constructing buildings are likely drive demand for eco-friendly materials including pultrusion which helps reduce material usage.
Growth Factors:
- Growing demand for lightweight and durable materials in automotive and aerospace industries
- Increasing use of composites in construction and infrastructure projects
- Proliferation of advanced manufacturing technologies such as 3D printing
- Rising awareness about the benefits of pultruded composites among end-users
- Growing number of research and development activities aimed at expanding the application scope of pultrusion
Scope Of The Report
Report Attributes
Report Details
Report Title
Pultrusion Market Research Report
By Type
Polyester, Vinyl Ester, Polyurethane, Others
By Application
Industrial, Housing, Civil Engineering, Consumer, Others
By Companies
Strongwell Corporation, Exel Composites, Bedford Reinforced Plastics, Jiangsu Jiuding New Material, Faigle Kunstsoffe GmbH, Diversified Structural Composites, Creative Pultrusions, Strongwell Corporation
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Pultrusion Market Report Segments:
The global Pultrusion market is segmented on the basis of:
Types
Polyester, Vinyl Ester, Polyurethane, Others
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
Industrial, Housing, Civil Engineering, Consumer, 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:
- Strongwell Corporation
- Exel Composites
- Bedford Reinforced Plastics
- Jiangsu Jiuding New Material
- Faigle Kunstsoffe GmbH
- Diversified Structural Composites
- Creative Pultrusions
- Strongwell Corporation
Highlights of The Pultrusion 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:
- Polyester
- Vinyl Ester
- Polyurethane
- Others
- By Application:
- Industrial
- Housing
- Civil Engineering
- Consumer
- 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 Pultrusion 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?
Pultrusion is a manufacturing process that uses a heated gas to create objects from a liquid or semi-solid material. The gas is forced through the object, creating its shape and texture.
Some of the key players operating in the pultrusion market are Strongwell Corporation, Exel Composites, Bedford Reinforced Plastics, Jiangsu Jiuding New Material, Faigle Kunstsoffe GmbH, Diversified Structural Composites, Creative Pultrusions, Strongwell Corporation.
The pultrusion 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 Pultrusion 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 Pultrusion Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pultrusion 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 Pultrusion 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 Pultrusion Market Size & Forecast, 2020-2028
4.5.1 Pultrusion Market Size and Y-o-Y Growth
4.5.2 Pultrusion Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Polyester
5.2.2 Vinyl Ester
5.2.3 Polyurethane
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Housing
6.2.3 Civil Engineering
6.2.4 Consumer
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pultrusion 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 Pultrusion 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Polyester
9.6.2 Vinyl Ester
9.6.3 Polyurethane
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Housing
9.10.3 Civil Engineering
9.10.4 Consumer
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Polyester
10.6.2 Vinyl Ester
10.6.3 Polyurethane
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Housing
10.10.3 Civil Engineering
10.10.4 Consumer
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Polyester
11.6.2 Vinyl Ester
11.6.3 Polyurethane
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Housing
11.10.3 Civil Engineering
11.10.4 Consumer
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Polyester
12.6.2 Vinyl Ester
12.6.3 Polyurethane
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Housing
12.10.3 Civil Engineering
12.10.4 Consumer
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Polyester
13.6.2 Vinyl Ester
13.6.3 Polyurethane
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Housing
13.10.3 Civil Engineering
13.10.4 Consumer
13.10.5 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 Pultrusion Market: Competitive Dashboard
14.2 Global Pultrusion Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Strongwell Corporation
14.3.2 Exel Composites
14.3.3 Bedford Reinforced Plastics
14.3.4 Jiangsu Jiuding New Material
14.3.5 Faigle Kunstsoffe GmbH
14.3.6 Diversified Structural Composites
14.3.7 Creative Pultrusions
14.3.8 Strongwell Corporation
