“Composite doors and composite windows market projected to grow at a CAGR of 6.33% during the forecast period”
The global composite doors and composite windows market is projected to reach USD 1,171.4 million by 2031, at a CAGR of 6.33% from 2022 to 2031.
The key factor expected to drive the growth of the composite doors and composite windows market is the increasing demand for composite doors and composite windows for industrial applications, as composite doors are corrosion and heat resistant, require low maintenance, which saves cost and are, thus, preferred for use in hospitals, the food industry, and the pharmaceutical industry, among others. Composite doors and composite windows are cost-effective means of substituting engineering plastics and metals to ensure high resistance to denting, warping, twisting, splitting, peeling, flaking, cracking, and fading making them extremely durable.
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“Based on type, the Fiber Reinforced Plastics (FRP) segment is projected to lead the composite doors and composite windows market, in terms of value”
FRP have superior properties such as high strength, thermal stability, lightweight, and are resistant to heat, temperature, and moisture. FRP are used in different applications such as industrial, residential, and commercial. Based on type, the FRP segment is expected to lead the composite doors and composite windows market during the forecast period, due to the increasing demand for lightweight and corrosion-resistant doors that are now preferred in laboratories, food companies, and hospitals, among others.
“North America is expected to be the fastest-growing market for composite doors and composite windows”
North America is expected to be the fastest-growing market for composite doors and composite windows during the forecast period. This market in North America is driven by the increasing use of composite doors in industrial application. Increasing number of hospitals, social constructions, laboratories, and the need to improve hygiene of these areas to avoid spread of diseases, along with low maintenance cost is driving the composite doors and composite windows market in this region. This study has been validated through primaries conducted with various industry experts globally. These primary sources have been divided into the following three categories:
• By Company Type- Tier 1 – 20%, Tier 2 – 30%, and Tier 3 – 50%
• By Designation- C Level – 10%, Director Level – 30%, and Others – 60%
• By Region- North America – 10%, Europe – 20%, Asia-Pacific – 60%, ME&A – 5%, and Latin America – 5%
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The report provides a comprehensive analysis of profiles of the companies listed below:
• Dortek (Ireland)
• Special-lite Inc. (U.S.)
• Curries ASSA ABLOY Group (U.S.)
• Fibertech Composite Pvt. Ltd. (India)
• Pella Corporation (U.S.)
• Vello Nordic AS (Norway)
• Anderson Corporation (U.S.)
• Wood Plastic Composite Company, Hardy Smith Group (India)
• Ecoste (India)
• Nationwide Windows Ltd. (U.K.)
Research Coverage
This report covers the global composite doors and composite windows market and forecasts the market size till 2031. The report includes market segmentation on the basis of type (FRP and WPC), resin type (Polyester, PVC, and others), application (commercial, industrial, and residential), and region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The Porter’s Five Force analysis, along with drivers, restraints, challenges, and opportunities of the market have been discussed in the report. The report also provides company profiles and competitive strategies adopted by the major players of the global composite doors and composite windows market.
Benefits of Buying the Report
The report will help market leaders/new entrants in this market in the following ways:
• This report segments the global composite doors and composite windows market comprehensively and provides closest approximations of the revenues for the overall market and the subsegments across different verticals and regions.
• The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
• This report will help stakeholders to better understand competitors and gain more insights to improve their position. The competitive landscape section includes competitor ecosystem, new product developments, investments & expansions, agreements, partnerships & joint ventures, and mergers & acquisitions.
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
For more information, please contact:Lauren Brown
Shibuya Data Count
Email: sales@sdki.jp
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