According to a new market report published by Lucintel, the future of the Chinese pultrusion market looks promising with opportunities in electrical & electronics, construction, consumer goods, transportation, and wind energy end uses. The Chinese pultrusion market is expected to grow with a CAGR of 5.3% from 2021 to 2027.
Browse 58 market data tables and 79 figures spread through 159 pages and in-depth TOC on “Chinese Pultrusion Market"
The major driver for market growth is its increased demand from end use industry, such as industrial processing, electrical and electronics and automotive segments.
In this market, window profile, rebar, ladder rails, cable trays, electric insulators, decking, gratings, road makers, sporting goods, tool handles, utility poles, structural shapes, transportation, and wind energy are various applications of the Chinese pultrusion market. Lucintel forecasts that structural shapes will remain the largest segment by value and volume due to the increasing use of pultruded products for its physical and mechanical properties such as high strength, chemical resistance, and low thermal expansion. Utility poles is expected to witness the highest growth over the forecasted period.
Within the Chinese pultrusion market, construction will remain the largest end use industry by value and volume due to the increasing construction spending in Chinese, in light of the supportive regulations to promote infrastructural development. Wind energy is expected to witness highest growth over the forecast period.
Emerging trends, which have a direct impact on the dynamics of the Chinese Pultrusion industry, includes Close collaboration between industry players to serve their unique needs and find new application areas, and Development of green technology products. Excel Composites, Changzhou Lianke Advanced Composites, Jiangsu Jiuding New Material, Jamco Corporation, and Nanjing Spare Composites are among the major pultrusion manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the Chinese pultrusion market by application and end use. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Chinese Pultrusion Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the Chinese pultrusion market by application and end use as follows:
By Application [Value ($M) and Volume (KT) shipment analysis from 2016 to 2027]:
•Window Profiles
•Rebar
•Ladder Rails
•Cable Trays
•Electric Insulators
•Decking
•Grating
•Road Makers
•Sporting Goods
•Tool Handles
•Utility Pole
•Structural Shapes
•Transportation
•Wind Energy
•Others
By End Use [Value ($M) and Volume (KT) shipment analysis 2021]:
•Electrical & Electronics
•Construction
•Consumer Goods
•Transportation
•Wind Energy
•Others
This 159-page 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/chinese-pultrusion-market.aspx or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 10 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the Chinese pultrusion market by application (window profile, rebar, ladder rails, cable trays, electrical insulators, decking, grating, road maker, sporting goods, tool handles, utility poles, structural shapes, transportation, wind energy, and others), and end use industry (electrical and electronics, construction, consumer goods, transportation, wind energy, and others)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.4 What are the business risks and threats to the market?
Q.5 What are the emerging trends in this market and the reasons behind them?
Q.6 What are the changing demands of customers in the market?
Q.7 What are the new developments in the market? Which companies are leading these developments?
Q.8 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.10 What M & A activities have taken place in the last 5 years in this market?