Dublin, May 09, 2023 (GLOBE NEWSWIRE) -- The "Composite Doors and Windows: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Composite Doors and Windows Market to Reach $1.6 Billion by 2030
The global market for Composite Doors and Windows estimated at US$882.3 Million in the year 2022, is projected to reach a revised size of US$1.6 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030.
Fiber Reinforced Plastics, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wood Plastic Composites segment is readjusted to a revised 6.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $260.4 Million, While China is Forecast to Grow at 9.5% CAGR
The Composite Doors and Windows market in the U.S. is estimated at US$260.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$258.3 Million by the year 2030 trailing a CAGR of 9.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 526 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $882.3 Million |
| Forecasted Market Value (USD) by 2030 | $1600 Million |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Global |
MARKET OVERVIEW
- Economic Volatility & Construction Market Dynamics to Shape Growth Patterns
- Recovery in Construction Sector to Boost Growth
- An Introduction to Composite Doors & Windows
- Comparison of Wooden, uPVC & Composite Doors & Windows
- Global Market Outlook
- Composite Doors & Windows Market: Dazzling List of Drivers
- Fiber Glass Lead the Global Composites Doors and Windows Market
- Polyester Resin Emerges as Leading Category in Composite Doors & Windows Market
- North America Stays above the Pack in Global Composite Doors & Windows Market
- Competition
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- World Brands
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Myriad Benefits of Composite Materials Fuel Use in Doors and Windows
- The Rise of Composite Doors
- Composite Doors Emerge as the Door of Choice for Residential Properties
- Panoramic View of Trends Associated With Composite Front Doors
- Rising Prominence of Energy Efficient Building Products: A Strong Growth Driver
- Composites Find Growing Use in Green Building
- Building Renovations & Remodeling: Prominent Revenue Generating Vertical
- Robust Gains for Composite Windows & Doors Market across Residential & Non-Residential Construction Sectors
- Non-Residential Sector Benefits from Building Panel Systems
- Market to Benefit from the Rise of E-Commerce and Resultant Boom in Warehouse Construction
- Rising Popularity of Fiberglass Doors
- The Many Advantages of Fiberglass Composite Doors Spur Adoption
- Exceptional Features and Benefits of Wood Plastic Composites (WPC) Drive Usage in Windows and Doors
- WPC Doors: Green Attributes to Fuel Market Growth
- As Demand Rises for Hygienic Doors & Windows, Composite Materials Hold an Edge
- Trends in the Doors & Windows Industry to Influence Market Demand
- Advancements in Fenestration Technology Locks-in Demand
- Comparing Vinyl vs Wood vs Metal vs Composite Windows and Patio Doors
- Expensive Nature & Low Awareness of Composites: Key Hurdles to Growth
- Wood and Metal: Widely Used Competitive Materials Present Challenges
- Composite Doors vs. uPVC Doors
- Demographic Trends Add Strength to Construction Spending, Drives Opportunities for Composite Windows and Doors
- Population Growth
- Rapid Urbanization
- Expanding Middle Class Segment
- Rising Standards of Living
FOCUS ON SELECT PLAYERS Select Competitors (Total 78 Featured)
- Andersen Corporation
- Assa Abloy AB
- Chem Pruf Door Co Ltd
- CURRIES Company
- Dortek Ltd
- ECOSTE Wood Polymer Composite
- Epwin Group
- Fenesta Building Systems
- Fiberr Xel
- Fiber Tech Composite Private Limited
- Hardy Smith Designs Private Limited
- Just Doors UK Ltd.
- Nationwide Windows
- Pella Corporation
- Ravalsons
- Special-Lite Inc.
- Vello Nordic AS
- Virtuoso Doors Limited
- Worthing Windows Ltd
For more information about this report visit https://www.researchandmarkets.com/r/6gvigw
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
