Pultrusion Market Current Trends and Future Aspect Analysis

The ****** pultrusion market is estimated at USD 1,619.5 million in 2015 and is projected to reach USD 2,045.2 Million by 2020, at a CAGR of 4.8% from 2015 to 2020. Browse 71 tables and 56 figures spread through 153 pages and in-depth TOC on “Pultrusion Market”

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Pultrusion is a process of manufacturing structural composites parts using polymer matrix and fibers. Properties of products manufactured through pultrusion are good strength, good chemical resistance, non-magnetic, low maintenance, and very low thermal expansion.

The pultruded parts have applications in the construction industry where different pultruded parts are used in the form of gratings, rebars and customized profiles. FRP pultrusions are a cost-effective and versatile alternative to traditional materials, such as steel, aluminum, and timber. FRP pultrusions weigh 75% less than steel and are non-corrosive. FRP rebar has also been applied to various aspects of chemical anti-corrosion, and it replaces carbon steel, stainless steel, wood, and non-ferrous metals. Moreover, pultruded structural components used in the cooling towers produce an engineered framework of high quality, reliability, and safety.

Industrial applications are expected to drive the pultrusion market in the next five years due to an increase in demand of pultruded parts in cooling towers, offshore oil drilling projects and civil engineering. Currently, the ****** pultrusion market is dominated by various market players, such as Exel Composites (Finland), Strongwell Corp. (U.S.), Bedford Plastics (U.S.), Creative Pultrusion (U.S.) and Glasfroms Inc (U.S).

The research study is aimed at identifying emerging trends and opportunities in the ****** pultrusion market along with detailed classifications, in terms of revenue and volume. It provides comprehensive competitive landscape and identifies the key players with respect to market size and market share. The research study also includes a detailed segmentation of the ****** pultrusion market, on the basis of application, fiber type, resin type, and geography.