- Polyester Composites
- Vinyl Ester Composites
- Others
Pultruded Panels Market size was valued at USD 256 million in 2023 and is poised to grow at a CAGR of 4.6% from 2024 to 2030. The global market provides a detailed overview of the market and that can be segmented by matrix type, reinforcement type, and end-user. By matrix type, the pultruded panels market has been segmented into polyester composites, vinyl ester composites, and others. The polyester composites segment is likely to be the largest and fastest-growing segment in terms of matrix type.
Based on reinforcement type, the pultruded panels market is segmented into carbon composites and glass composites. Among these, the carbon composites segment is expected to have the fastest-growing market during the forecast period 2023-2029. On the basis of end-users, the market is segregated into building & construction, transportation, aerospace & defense, and others The building & construction held considerable market share during the forecast period.
Pultruded Panels Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
4.6%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Pultruded Panels Market Dynamics
The rising need for high-strength structural composites in offshore oil drilling projects, cooling towers, and civil engineering will drive demand for pultrusion products in the market. Pultruded goods provide corrosion resistance, high strength-to-weight ratios, heat resistance, dielectric properties, and dimensional stability, all of which help designers with construction projects.
Asia-Pacific Got Significant Share
Pultruded Panels Market Regional Analysis
Asia Pacific market is expected to witness the highest market share during the forecast period. Some of the factors driving the market in the region include the expansion of end-user industries, the rise of local manufacturing, and the increase in the number of domestic players in the vertical market sector. North America held a considerable market share during the estimated period owing to designers' increased adoption of pultruded parts in a variety of end-use applications The most used pultruded products in the region are polyester and vinyl ester. The manufacturing of a robust composite for a variety of applications is supported by rising demand.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The pultruded panels market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
- The pultruded panels market report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The pultruded panels market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The pultruded panels market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The pultruded panels market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Pultruded Panels Market Segmentation
By Matrix Type
By Reinforcement Type
- Carbon Composites
- Glass Composites
By End User
- Building & Construction
- Transportation
- Aerospace & Defense
- Others
Frequently Asked Questions
The Pultruded Panels Market is projected to expand at a CAGR of 4.6% during the forecast period.
The major players in the global pultruded panels market are Strongwell Corporation, Creative Pultrusion, Inc., Exel Composites Oyj, Bedford Reinforced Plastics, Röchling Group (Glastic Corporation), Fibergrate Composite Structures Inc., KREMPEL GmbH, Fiber-Tech Industries, Inc. and ISOVOLTA AG.
APAC is the fastest-growing region for Pultruded Panels Market
| 1. Executive Summary |
| 2. Global Pultruded Panels Market Introduction |
| 2.1. Global Pultruded Panels Market Taxonomy |
| 2.2. Global Pultruded Panels Market Definitions |
| 2.2.1. By Matrix Type |
| 2.2.2. By Reinforcement Type |
| 2.2.3. By End User |
| 2.2.4. By Region |
| 3. Global Pultruded Panels Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Pultruded Panels Market Dynamic Factors - Impact Analysis |
| 3.6. Global Pultruded Panels Market Competition Landscape |
| 4. Global Pultruded Panels Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Pultruded Panels Market, By Matrix Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Polyester Composites |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Vinyl Ester Composites |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Others |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Pultruded Panels Market, By Reinforcement Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Carbon Composites |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Glass Composites |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Pultruded Panels Market, By End User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. Building & Construction |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Transportation |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Aerospace & Defense |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Pultruded Panels Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Pultruded Panels Market - Opportunity Analysis Index, By Matrix Type, Reinforcement Type, End User, and Region, 2024 - 2030 |
| 9. North America Pultruded Panels Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. Matrix Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Polyester Composites |
| 9.1.2. Vinyl Ester Composites |
| 9.1.3. Others |
| 9.2. Reinforcement Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Carbon Composites |
| 9.2.2. Glass Composites |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Building & Construction |
| 9.3.2. Transportation |
| 9.3.3. Aerospace & Defense |
| 9.3.4. Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Pultruded Panels Market - Opportunity Analysis Index, By Matrix Type, Reinforcement Type, End User, and Country, 2024 - 2030 |
| 9.6. North America Pultruded Panels Market Dynamics Trends |
| 10. Europe Pultruded Panels Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Matrix Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Polyester Composites |
| 10.1.2. Vinyl Ester Composites |
| 10.1.3. Others |
| 10.2. Reinforcement Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Carbon Composites |
| 10.2.2. Glass Composites |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Building & Construction |
| 10.3.2. Transportation |
| 10.3.3. Aerospace & Defense |
| 10.3.4. Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Rest of Europe |
| 10.5. Europe Pultruded Panels Market - Opportunity Analysis Index, By Matrix Type, Reinforcement Type, End User, and Country, 2024 - 2030 |
| 10.6. Europe Pultruded Panels Market Dynamics Trends |
| 11. Asia-Pacific Pultruded Panels Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Matrix Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Polyester Composites |
| 11.1.2. Vinyl Ester Composites |
| 11.1.3. Others |
| 11.2. Reinforcement Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Carbon Composites |
| 11.2.2. Glass Composites |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Building & Construction |
| 11.3.2. Transportation |
| 11.3.3. Aerospace & Defense |
| 11.3.4. Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. China |
| 11.4.2. India |
| 11.4.3. Japan |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Pultruded Panels Market - Opportunity Analysis Index, By Matrix Type, Reinforcement Type, End User, and Country, 2024 - 2030 |
| 11.6. Asia-Pacific Pultruded Panels Market Dynamics Trends |
| 12. Latin America Pultruded Panels Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Matrix Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Polyester Composites |
| 12.1.2. Vinyl Ester Composites |
| 12.1.3. Others |
| 12.2. Reinforcement Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Carbon Composites |
| 12.2.2. Glass Composites |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Building & Construction |
| 12.3.2. Transportation |
| 12.3.3. Aerospace & Defense |
| 12.3.4. Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Rest of Latin America |
| 12.5. Latin America Pultruded Panels Market - Opportunity Analysis Index, By Matrix Type, Reinforcement Type, End User, and Country, 2024 - 2030 |
| 12.6. Latin America Pultruded Panels Market Dynamics Trends |
| 13. Middle East and Africa Pultruded Panels Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. Matrix Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Polyester Composites |
| 13.1.2. Vinyl Ester Composites |
| 13.1.3. Others |
| 13.2. Reinforcement Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Carbon Composites |
| 13.2.2. Glass Composites |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Building & Construction |
| 13.3.2. Transportation |
| 13.3.3. Aerospace & Defense |
| 13.3.4. Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. South Africa |
| 13.4.3. Rest of MEA |
| 13.5. MEA Pultruded Panels Market - Opportunity Analysis Index, By Matrix Type, Reinforcement Type, End User, and Country, 2024 - 2030 |
| 13.6. MEA Pultruded Panels Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Strongwell Corporation |
| 14.2.2. Creative Pultrusion, Inc. |
| 14.2.3. Exel Composites Oyj |
| 14.2.4. Bedford Reinforced Plastics |
| 14.2.5. Rachling Group (Glastic Corporation) |
| 14.2.6. Fibergrate Composite Structures Inc. |
| 14.2.7. KREMPEL GmbH |
| 14.2.8. Fiber-Tech Industries, Inc. |
| 14.2.9. ISOVOLTA AG. |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- Strongwell Corporation
- Creative Pultrusion, Inc.
- Exel Composites Oyj
- Bedford Reinforced Plastics
- Rachling Group (Glastic Corporation)
- Fibergrate Composite Structures Inc.
- KREMPEL GmbH
- Fiber-Tech Industries, Inc.
- ISOVOLTA AG.