Pultrusion Products Market Report & Analysis | 2018-2024
Date: 2018-12-14   Author: Rahul Varpe  Category: #market

Pultrusion Products Market Report & Analysis | 2018-2024

Surge in building profiles such as window manufacturing, pilings and panels, electrical infrastructure and civil engineering will add to pultrusion products market growth over forecast period. North America is projected to dominate global pultrusion product market owing to wider acceptance of pultruded parts by designers in various end-use applications. Isopolyester and vinyl ester are majorly consumed pultruded products in the region. Isopolyester accounts for over 75% share, followed by vinyl ester which accounts for around 15% of regional demand. Increasing demand supports the production of strong composites for a number of applications. 

Europe, led by UK and Germany will experience steady growth owing to developed industrial sectors. However, light weight composites for rebar and gratings applications in new construction projects will support pultrusion products market growth. Construction of FRP cooling towers in the region will add to the product market size over the forecast period.

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Pultrusion Products Market size is projected to witness a substantial growth, owing to rising demand for lightweight structural composites over forecast period. Rising rebar and gratings applications will led to surge in demand for durable products to withstand corrosive environments. Increasing focus on total lifecycle cost of end products coupled with growing energy efficiency necessities from consumers will remain a key driving factor for the global market growth.

Pultrusion is an automated closed-molding process for large scale manufacturing of constant cross section parts in economical way. Excellent composite structural materials can be fabricated by the process owing to resin dispersion, uniformity of cross-section, fiber distribution & alignment.

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Pultrusion process use polymer matrix and fibers for manufacturing of structural composite parts. Good strength, high chemical resistance, non-magnetic, low thermal expansion and maintenance are the key properties driving demand for pultruded composites. Extensive applications scope across varied industry verticals such as civil engineering, housing sectors and automotive will add to the product market size.

The industrial application is anticipated to be dominating segment over the forecast period. Increasing demand for high strength structural composites in offshore oil drilling projects, cooling towers, and civil engineering will propel demand for pultrusion products for industrial segment. Pultruded products possess corrosion resistance, high strength-to-weight ratios, heat resistance, dielectric properties, and dimensional stability which benefits designers for construction projects.

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The Key players operational in the global market are Exel Composites, Bedford Reinforced Plastics, Faigle Kunstsoffe GmbH, Strongwell Corporation, Diversified Structural Composites, Creative Pultrusions, Jiangsu Jiuding New Material, Werner Ladder and Masco. Other notable players are Pultrex, Creative Pultrusions International, Ashland Composite Polymers, Fibreforce Composites, Haysite Reinforced Plastics, Pacific Composites Pty., Pultron Composites, Speedex, Fibergrate BV, Fiberline Composites AS, and Sportex.

Companies are forming alliances to gain competitive advantage in the global pultrusion market. Manufacturers are focusing on new product development, improvement of pultrusion technology and fabrication of products. Further technical advancement in equipment’s, raw materials processing & applications will support product market growth.

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Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

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