The new report by EMR titled, ‘Global Pultrusion Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global pultrusion market, assessing the market based on its segments like fibre types, resin types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

The growing application of pultrusion in various industry verticals and the rapid urbanisation are driving the growth of pultrusion industry. The rising construction activities due to the inflating disposable income is also contributing to the steady growth of the market. In addition, the advantages of products made from pultrusion, such as high-strength, lightweight, excellent corrosion resistance, non-conductive to electricity, and greater uniformity of products are leading to the development of the industry. Also, the expanding telecoms and wireless industries are resulting in the development of the industry as fibre-reinforced polymer (FRP) is used to reduce attenuation and easy penetration of radio waves. Moreover, the deterioration of reinforcing steel when exposed to extreme environments is leading to its replacement with fibre reinforced polymer reinforcing bars, thus invigorating the pultrusion industry.

Industry Definition and Major Segments

Pultrusion is a manufacturing process to convert liquid resins and reinforced fibres into fibre reinforced plastic, also called fibre-reinforced polymer (FRP). It is a continuous technique used to produce composites with close-dimensional cross-sections. It is a cost-effective process for manufacturing either solid or hollow flat bars, channels, tubing, rods, and pipes, among others.

The pultrusion industry, by fibre type, is segmented into:

Based on resin types, the market can be categorised into:

On the basis of application, the market can be divided into:

The regional markets of pultrusion include:

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The superior quality pultruded products offered by companies to escalate their market potential is also augmenting the industry growth. For instance: Strongwell Corporation offers corrosion-resistant, transparent, and maintenance-free fibre-reinforced polymer that can withstand any harsh environment. The fibre-reinforced polymer is biodegradable in nature and so have less impacts on nature, which is also propelling the pultrusion industry. Governments across the world are also adopting pultrusion products like fibre-reinforced polymer because of its sustainability and optimal performance, which is bolstering the market growth. The technological innovations in resin systems that can improve pultrusion line speed without degrading the final product and advancements such as 5G are expected to augment the pultrusion industry in the forecast period.

The major players in the market are Strongwell Corporation, Jiangsu Jiuding New Material Co Ltd, Creative Pultrusions Inc., Fibrolux GmbH, and JAMCO Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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