New Research: Lucintel Predicts a Bright Future for the Pultrusion Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Pultrusion Industry”?

This market report for pultrusion identifies and predicts future opportunities for growth in global pultrusion industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for pultrusion in the transportation, infrastructure, consumer goods, and construction industries.

According to Lucintel’s market report, the global pultrusion market is expected to reach an estimated $3.4 billion by 2024 with a CAGR of 4.0% from 2019 to 2024. Some of the dominant players in the global pultrusion market are Strongwell, Exel Composites, Werner Ladder, Bedford, Creative Pultrusion, and polyone and others.

There are some interesting developments in global pultrusion market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include strategic collaboration of pultruded parts manufacturers with OEMs to serve unique needs and find new application areas.

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