GLOBAL PULTRUSION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Pultrusion is a fabrication process that forms and cures thermosetting plastics while pulling them continuously through heated steel dies. Fibre reinforcement materials such as glass fibre, carbon fibre, and aramid fibre are often used with the plastic material and pulled through a heated die. This process forms structural shapes with a resin matrix and continuous reinforcement material. The pultrusion process produces components having constant cross-sections. The process provides close dimensional tolerances, unidirectional strength along the length of the part, and high fibre loading to minimize weight. Pultruded profiles are used in various industries such as electrical, construction, industrial machinery, and transportation.

 Market Dynamics:

Global pultrusion market growth is driven by increasing demand from various end-use industries like wind energy, transportation, construction, machinery, and shipbuilding. Pultruded profiles are widely used as composites materials in wind energy applications due to their superior mechanical properties, dimensional stability, and corrosion resistance. Rising adoption of renewable energy sources globally is fueling the growth of the wind energy industry, in turn, driving the market expansion. Favourable government policies and initiatives promoting renewable power generation boosts the product demand. However, fluctuation in raw material prices owing to supply chain disruptions acts as a major restraint. Moreover, development of new pultruded materials with enhanced properties presents lucrative opportunities for market growth over the forecast period.

 Key features of the study:

• This report provides in-depth analysis of the global pultrusion market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global pultrusion market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Avient, Exel Composites, Bedford reinforced plastics, Faigle Kunstsoffe GmbH, Strongwell Corporation, Creative Pultrusions, Jiangsu Jiuding New Material Co. Ltd., Werner Ladder, Masco, Pultrex, Haysite reinforced plastics, Liberty Pultrusions, Toray Industries Inc, Pultron Composites Limited, Tencom Ltd., Fibergrate Composite Structures Inc, Fiberline Composites A/S, Jamco, Arvind Composites (Arvind Ltd.).
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global pultrusion market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Detailed Segmentation-

• Fiber:
  • Glass
  • Aramid
  • Carbon
  • Others
• Resin:
  • Polyester
  • Polyurethane
  • Epoxy
  • Vinyl Ester
  • Others
• End Use:
  • Industrial
  • Power& Energy
  • Housing
  • Automotive
  • Civil Engineering
  • Consumer
  • Aerospace
  • Others
• Regional:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Avient
  • Exel Composites
  • Bedford reinforced plastics
  • Faigle Kunstsoffe GmbH
  • Strongwell Corporation
  • Creative Pultrusions
  • Jiangsu Jiuding New Material Co. Ltd.
  • Werner Ladder
  • Masco
  • Pultrex
  • Haysite reinforced plastics
  • Liberty Pultrusions
  • Toray Industries Inc
  • Pultron Composites Limited
  • Tencom Ltd.
  • Fibergrate Composite Structures Inc
  • Fiberline Composites A/S
  • Jamco
  • Arvind Composites (Arvind Ltd.)