The North American construction composite market is anticipated to showcase a considerable CAGR during the forecast period (2020-2026). The growing construction industry of North America is expected to be the key driver of the construction composite market in the region. The building and construction industry is one of the powerful engines for the economy in North America, as a basic industry. It provides the infrastructure that creates strength and stability in the region’s national Gross Domestic Product (GDP). Over the past few years, the North American construction industry has seen a wide range of new entrants. Amazon has invested in Plant Prefab, a company using sustainable construction processes and materials to build prefabricated, modular single, and multifamily houses.
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Amongst many others, these new entrants aim to increase efficiency, construction speed, productivity, and margins, which are traditionally low in the construction industry. Aecon Group Inc., Bechtel Group Inc., EllisDon Corp., Fluor Corp., Jacobs Engineering Group Inc., Kiewit Corp., Ledcor Group of Companies, McDermott International, PCL Constructors Inc., SNC-Lavalin Group Inc., and so on are among the major players operating in the North American construction industry that is considered as the next potential customers of the construction composites in the country. The presence of such players in the region is anticipated to drive the regional market growth.
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Market Coverage
• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By fiber Type, By Resin Type, By End-User
• Regions Covered- US and Canada
• Competitive Landscape- Arkema S.A, Mitsubishi Chemical Corp., BASF SE, Reichhold LLC, Koninklijke DSM N.V.
Key questions addressed by the report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
North American Construction Composites Market Report Segment
By Fiber Type
• Carbon Fiber
• Glass Fiber
• Other fiber
By Resin Type
• Thermoplastic Resin
• Thermosetting Resin
By End-User
• Residential
• Commercial
• Industrial
North American Construction Composites Market Report Segment
• US
• Canada
Company Profiles
• Allnex Netherlands B.V.
• AOC, LLC
• Arkema S.A.
• Ashland North AmericaHoldings Inc.
• BASF SE
• DuPont de Nemours, Inc.
• Eternal Materials Co., Ltd.
• Evonik Industries, Inc.
• INEOS AG
• Koninklijke DSM N.V.
• Mitsubishi Chemical Corp.
• PolyntSpA
• Qualipoly Chemical Corp.
• Reichhold LLC
• The Dow Chemical Co.
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