European construction composites market is anticipated to showcase a considerable growth rate during the forecast period. The growing demand for construction composites from several European countries including the UK, France, Germany, and Spain for various construction applications is a key factor driving the regional market growth. In Europe, Germany is known to be the major manufacturer of construction composites. According to the Budget 2020 introduced in March 2020, by the end of the parliament, public sector net investment will be triple the average over the last 40 years in real terms. In total, around $816.6 billion of gross capital investment will be provided for roads, railways, communications, schools, hospitals, and power networks across the UK by 2024-25. Considerable investment in the construction sector is expected to augment the demand for construction composites. European construction composites market is anticipated to showcase a considerable growth rate during the forecast period. The growing demand for construction composites from several European countries including the UK, France, Germany, and Spain for various construction applications is a key factor driving the regional market growth. In Europe, Germany is known to be the major manufacturer of construction composites. According to the Budget 2020 introduced in March 2020, by the end of the parliament, public sector net investment will be triple the average over the last 40 years in real terms. In total, around $816.6 billion of gross capital investment will be provided for roads, railways, communications, schools, hospitals, and power networks across the UK by 2024-25. Considerable investment in the construction sector is expected to augment the demand for construction composites.
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The improving economic conditions in Europe along with the shifting of investments from an international to an intercontinental arena and the increasing interest of private equity firms in the construction industry are some other factors that are contributing towards the growth of the regional market. The presence of key market players in the region is again contributing to the growth of the construction composites market in Europe. The major players contributing to the European construction composites market include Arkema S.A., Mitsubishi Chemical Corp., BASF SE, Reichhold LLC, Koninklijke DSM N.V., and others. The key players in the market focus more on new product development and launches, partnerships and collaborations, geographical expansions, and innovative technological upgradations.
The construction composites market is segmented based on fiber type, resin type, and end-user. Based on fiber type, the market is segmented into carbon fiber, glass fiber, and other types. Carbon fiber is expected to hold considerable market share based on fiber type owing to high strength and low weight. However, the adoption of carbon-free composites in European countries may restrain the growth of this market segment. Based on the resin type, the construction composites market is segmented into thermoplastic resin and thermosetting resin. Based on end-user, the market is segmented into residential, commercial & industrial.
The market study of the European construction composites market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity to our reports.
Secondary Sources Include:
· Financial reports of companies involved in the market
· Whitepapers research-papers, and news blogs
· Company websites and their product catalogue
The report is intended for a healthcare service provider, medical device companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
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Market Overview and Insights
l Scope of the Report
l Analyst Insight & Current Market Trends
l Key Findings
l Recommendations
l Conclusion
Market Determinants
l Motivators
l Restraints
l Opportunities
Market Segmentation
l European Construction Composites Market by Fiber Type
l Carbon Fiber
l Glass Fiber
l Natural Fiber
l European Construction Composites Market by Resin Type
l Polyester
l Vinyl Ester
l Polyethylene
l Polypropylene
l European Construction Composites Market by End-User
l Residential
l Commercial
l Industrial
Company Profiles
l Allnex Netherlands B.V.
l AOC, LLC
l Arkema S.A.
l Ashland Global Holdings Inc.
l BASF SE
l CIECH S.A.
l Crystic Resins India Pvt. Ltd.
l DuPont de Nemours, Inc.
l Eternal Materials Co., Ltd.
l Evonik Industries, Inc.
l INEOS AG
l Koninklijke DSM N.V.
l OrgiChemie FZ LLC
l PolyntSpA
l Qualipoly Chemical Corp.
l Reichhold LLC
l The Dow Chemical Co.
Regional Analysis
North America
l United States
l Canada
Europe
l UK
l Germany
l Italy
l Spain
l France
l Rest of Europe
Asia-Pacific
l China
l India
l Japan
l Rest of Asia-Pacific
l Rest of the World
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