Growing Construction Industry to Accelerate European Construction Composite Market

The European construction composite market is anticipated to showcase a considerable CAGR during the forecast period (2020-2026). The presence of a well-established chemical sector and considerable growth in investment regarding eco-friendly building and construction industry are the pivotal factors driving the European construction composite market. According to the European Chemical Chemistry Council (CEFIC), the chemical industry of Europe is among the largest manufacturing sectors; it is the second-largest producer of the chemicals across the globe. According to a study by the Institution of Civil Engineers (ICE), In Europe as well, the construction industry has witnessed a substantial growth rate and is estimated to record an average year-on-year growth of about 6% in the next few years.

Browse the full report description of "European Construction Composites Market Size, Share & Trends Analysis Report by Fiber Type (Carbon Fiber, Glass Fiber, and Other Fiber) by Resin Type (Thermoplastic Resins and Thermosetting Resins) by End-User (Residential, Commercial, Industrial) Forecast Period (2020-2026)" at https://www.omrglobal.com/industry-reports/european-construction-composites-market

Recent Development in European Construction Composite Market 

• In March 2020, AOC announced the changes in the set-up of the European distribution network for its unsaturated vinyl ester and polyester resins. AOC announced that BUFA composite systems will now be the distributor of AOC composite products in Spain, the UK, Finland, and the Benelux.
• In July 2020, CIECH S.A. signed the preliminary sale agreement for 100% of the stocks with LERG S.A. - a Polish resin manufacturer operating in the European markets. The preliminary agreement with LERG on the acquisition of CIECH resins focusses on enhancing the scale of activity and manufacturing of resin-based construction composites.

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Fiber Type, By Resin Type, By End-User
• Regions Covered- Europe
• Competitive Landscape- Arkema S.A., Mitsubishi Chemical Corp., BASF SE, Reichhold LLC, Koninklijke DSM N.V.

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

European Construction Composites Market Report Segment

By Fiber Type

• Carbon Fiber
• Glass Fiber
• Other fiber

By Resin Type

• Thermoplastic Resin
• Thermosetting Resin 

By End-User

• Residential
• Commercial 
• Industrial

European Construction Composites Market Report Segment

• UK
• Germany 
• France
• Italy
• Spain
• Rest of Europe

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