Lucintel Forecasts Pultrusion Market to Reach $5.1 Billion by 2027

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According to the recent study the pultrusion market is projected to reach an estimated $5.1 billion by 2027 from $3.6 billion in 2021, at a CAGR of 4.8% from 2021 to 2027. Growth in this market is primarily driven by increasing demand for lightweight, corrosion resistant, and durable products for various end use industries.

Browse 242 figures / charts and 193 tables in this 301 -page report to understand trends, opportunities and forecast in pultrusion market by application (window profile, rebar, ladder rails, cable trays, electrical insulators, decking, grating, road maker, sound barrier, sporting goods, tool handles, utility poles, structural shapes, transportation, wind energy, and others), type (corrosion, and non-corrosion), end use industry (construction, wind energy, transportation, EE, consumer goods, and others), fiber type (glass fiber composites, carbon fiber composites and others), resin type (polyester composites, epoxy composites, vinyl ester composites, polyurethane composites, phenolic and other composites), and by region (North America, Europe, APAC, and ROW).

Download sample report by clicking onbelow linkhttps://www.lucintel.com/pultrusion-market.aspx

“Construction market is expected to remain the largest segment during the forecast period.”

Based on end use, the pultrusion market is segmented into construction, wind energy, transportation, EE, consumer goods, and others. Lucintel forecasts that the construction market is expected to remain the largest segment due to increasing residential and commercial activities in various developing countries. Transportation is expected to witness the highest growth over the forecast period.

“Within the pultrusion market, the structural shapes segment is expected to remain the largest application”

Based on application the structural shapes segment is expected to witness the highest growth over the forecast period due to its increasing use in construction end use industry. Utility pole is expected to witness the highest growth over the forecast period.

“North America will dominate the pultrusion market in near future”

North America is expected to remain the largest region over the forecast period due to increasing residential construction and government regulations for energy efficiency. APAC is expected to witness the highest growth over the forecast period.

Download Brochure of this report by clicking on https://www.lucintel.com/pultrusion-market.aspx

Major players of pultrusion market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Strongwell Corporation, Exel Composites, Werner Company, Avient, Bedford Reinforcement, Creative PultrusionInc, Tecton Products, Teel Plastics, Fiberline Composites are among the major pultrusion providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pultrusion-market.aspxor [email protected]

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