Global Pultrusion Market Size, Share - Analysis by Application, Fiber Type, Resin Type and Geography - Growth, Trends and Forecast (2018 - 2023)

The pultrusion market is poised for growth in near future riding on surging demand for pultruded products from the end user industries. The efficient process and implementation of automation in pultrusion operation results in reduced total lifecycle cost of end products which is a big boost for its adoption. The market for pultruded products is receiving huge impetus from growth in its end user industries i.e. Consumer goods, Construction, Transportation, Electrical, Automotive and others. The demand for composite products that have high mechanical performance is increasing across the industries to meet the requirement for durable products that can sustain corrosive environments i.e. rebar and gratings. The pultrusion process involves impregnation of reinforcement materials like fibers with resin by pulling the reinforcement through a bath or injection of resin in the chamber.

Rising Demand for Light Weight Materials - Drives the Pultrusion Market
The demand for light weight materials is fueling the pultrusion market growth, globally. The rising focus on usage of high quality materials with necessary performance requirements is highly envisaged which, in turn, is predicted to provide a huge thrust to pultrusion market across the world. The construction across the world is growing consistently which has led to growth in demand for composite materials used in the manufacturing of bathtubs, doors, windows, and other applications which, in turn provides a huge impetus to pultrusion market.

North America to Dominate the Pultrusion Market Share
North is witnessing multidimensional growth pertaining to end-user industries associated with pultrusion products. The industries such as automotive, energy efficiency, construction, etc. are offering significant opportunities for pultrusion product manufacturers. As the industries are focusing on adoption of materials that have low weight, high strength, low electrical conductivity, and durability, the demand for pultruded products are witnessing growth. The large size of end-user industries associated with pultrusion products in North America makes it a major market for pultrusion across the world.

Key Developments in the Pultrusion Market
June 2018: Strongwell Corp. announced the development of a distinct line of reinforced FRP specifically for security applications known as HS Armor.
June 2018: Exel Composites announced the acquisition of Diversified Structural Composites (DSC) to leverage its expertise in the wind energy sector.

Pultrusion Market Major Players include -
Strongwell Corp
Exel Composites
Werner Company
Glasforms Inc
Bedford Reinforcement
Teel Plastics
Creative Pultrusion

Reasons to Purchase Pultrusion Market Report
Current and future pultrusion market outlook in the developed and emerging markets.
Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
The segment that is expected to dominate the market.
Regions that are expected to witness fastest growth during the forecast period.
Identify the latest developments, and strategies employed by the major market players.
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