The North American construction composite market is anticipated to showcase a considerable CAGR during the forecast period (2020-2026). The growing construction industry of North America is expected to be the key driver of the construction composite market in the region. The building and construction industry is one of the powerful engines for the economy in North America, as a basic industry. It provides the infrastructure that creates strength and stability in the region’s national Gross Domestic Product (GDP). Over the past few years, the North American construction industry has seen a wide range of new entrants. Amazon has invested in Plant Prefab, a company using sustainable construction processes and materials to build prefabricated, modular single, and multifamily houses.
Browse the full report description of "North American 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/north-american-construction-composites-market
Amongst many others, these new entrants aim to increase efficiency, construction speed, productivity, and margins, which are traditionally low in the construction industry. Aecon Group Inc., Bechtel Group Inc., EllisDon Corp., Fluor Corp., Jacobs Engineering Group Inc., Kiewit Corp., Ledcor Group of Companies, McDermott International, PCL Constructors Inc., SNC-Lavalin Group Inc., and so on are among the major players operating in the North American construction industry that is considered as the next potential customers of the construction composites in the country. The presence of such players in the region is anticipated to drive the regional market growth.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
North American Construction Composites Market Report Segment
By Fiber Type
By Resin Type
By End-User
North American Construction Composites Market Report Segment
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