{"id":244675,"date":"2018-07-23T10:07:08","date_gmt":"2018-07-23T10:07:08","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=244675"},"modified":"2018-07-23T10:07:08","modified_gmt":"2018-07-23T10:07:08","slug":"the-global-pultrusion-market-is-expected-to-reach-30-billion-by-2023","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/the-global-pultrusion-market-is-expected-to-reach-30-billion-by-2023_244675.html","title":{"rendered":"The global pultrusion market is expected to reach $3.0 billion by 2023"},"content":{"rendered":"
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Trends, opportunities and forecast in pultrusion market to 2023 by application (window profiles, window profiles, rebar, ladder rails, cable trays, electric insulators, decking, grating, road markers, sound barriers, sporting goods ,tool handles ,utility poles, structural shapes, transportation, antennas and others), by property type (corrosion and non-corrosion), by end use industry (chemical, infrastructure, building and construction, consumer goods, cooling tower, transportation, and others)<\/div>\n

According to a new market report published by Lucintel, the future of the pultrusion industry looks good with opportunities in the transportation, infrastructure, consumer goods, and construction industries. The global pultrusion market is expected to reach an estimated $3.0 billion by 2023and it is forecast to grow at a CAGR of 4.1% from 2018 to 2023. The major growth drivers for this market are increasing demand for lightweight, corrosion resistant, and durable products for various end use industries.<\/p>\n

On the basis of its comprehensive research, Lucintel forecasts that the demand for utility poles will experience the highest growth in the forecast period, supported by ongoing replacement of wooden poles and performance benefits of FRP poles over wood, steel, and other poles.<\/p>\n

Browse 197 market data Tables and 254 Figures spread through 365 Pages and in-depth TOC on “Global Pultrusion Market 2018-2023” <\/em><\/strong>https:\/\/www.lucintel.com\/pultrusion-market.aspx<\/a> <\/em><\/strong><\/p>\n

By fiber type, glass fiber, carbon fiber, and aramid fiber are the major fibers utilized to manufacture pultruded products for various end use industries. Glass fiber based pultruded products is expected to remain the largest segment by value and volume.<\/p>\n

Free customization on reports <\/em><\/strong><\/p>\n

By resin type, polyester, vinyl ester, epoxy, and phenolic resin are the major resins used to make pultruded products. Polyester resin based pultruded products is expected to remain the largest segment by value and volume consumption.<\/p>\n

APAC and ROW are expected to remain the largest region during the forecast period<\/strong><\/p>\n

Asia Pacific and ROW are expected to remain the largest regions by value and volume; they are also expected to experience the highest growth over the forecast period because of growth in chemical, consumer goods, and construction industry. The major drivers for growth are increasing urbanization, rapid industrialization, and growing awareness of pultruded products.<\/p>\n

Ask for PDF Brochure @ <\/em><\/strong>https:\/\/www.lucintel.com\/rb\/pultrusion-market.aspx<\/a> <\/em><\/strong><\/p>\n

Emerging trends, which have a direct impact on the dynamics of the industry, include strategic collaboration of pultruded parts manufacturers with OEMs to serve unique needs and find new application areas. Strongwell Corporation, Exel Composites, Werner Ladder, Bedford, Creative Pultrusion, and polyone are among the major suppliers of the pultrusion market.<\/p>\n

Get the Sample Pages@ https:\/\/www.lucintel.com\/ds\/pultrusion-market.aspx<\/a> <\/em><\/strong><\/p>\n

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The study includes market trends and forecasts for the global pultrusion market segmented by applications, end use industry, material, and region as follows<\/strong><\/p>\n

By Application Type (million pounds and $ million shipment analysis from 2012 to 2023):<\/strong><\/p>\n