Lucintel Forecasts Chinese Pultrusion Market to Reach $0.6 Billion by 2026

Market-Research

According to the recent study the Chinese pultrusion market is projected to reach an estimated $0.6 billion by 2026 from $0.4 billion in 2020, at a CAGR of 7.0% from 2020 to 2026. Growth in this market is primarily driven by increased demand from end use industry, such as industrial processing, electrical and electronics and automotive segments.

Browse 79 figures / charts and 58 tables in this 176 -page report to understand trends, opportunities and forecast in 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).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/chinese-pultrusion-market.aspx

“Structural shapes market is expected to remain the largest segment during the forecast period.”

Based on application, the Chinese pultrusion market is segmented into 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. Lucintel forecasts that the structural shapes market is expected to remain the largest segment due to the increasing use of pultruded products for its physical and mechanical properties such as high strength, chemical resistance, and low thermal expansion and tool handles is expected to witness the highest growth over the forecasted period.

“Within the Chinese pultrusion market, the construction segment is expected to remain the largest end use industry”

Based on end use industry, the construction segment is expected to witness the largest coating over the forecast period due to the increasing construction spending in Chinese, in light of the supportive regulations to promote infrastructural development and wind energy is expected to witness highest growth over the forecast period.

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Major players of Chinese pultrusion market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Excel Composites, Changzhou Lianke Advanced Composites, Jiangsu Jiuding New Material, Jamco Corporation, and Nanjing Spare Composites are among the major Chinese pultrusion providers.

This unique 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 helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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