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Building & Construction

1 Dec 2018

In value, the construction industry makes up to 14% of the total composites market in 2016. In 2016-2021, its share growth within the total composites market is estimated to be 13%.

China represents the largest market share (35%) within the construction segment in 2016, followed by North America, representing 28% of the total.

The growth of the global construction composites market is directly related to the growth of the underlying construction market. As the global construction market is estimated to grow faster in the future, the global construction composites market is forecast to grow at 5% p.a. in 2016-2121.

Here are few examples of developments in this important application sector within our composite community.