Chicago, Oct. 07, 2022 (GLOBE NEWSWIRE) — Carbon Fiber Construction Market size is projected to grow from USD 330.0 million in 2022 to USD 531.5 million by 2027, at a CAGR of 10% during the forecast period. The growing demand from construction industry owing to rise in construction projects globally, is one of the most significant factors projected to drive the growth of the carbon fiber construction market.

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List of key players in the carbon fiber construction industry includes:

Sika AG (Switzerland),
Mapei SpA (Italy),
Fosroc (Dubai),
Master Builders Solutions (Germany),
Fyfe (US),
AB-SCHOMBURG Yapı Kimyasalları A.Ş. (Turkey),
DowAksa (Turkey),
Dextra Group (Thailand),
Rhino Carbon Fiber Reinforcement Products (US), and
Chomarat Group (US).

Drivers, Restraints, Opportunities and Challenges in Carbon Fiber Construction Industry:

Drivers: Growth in the global construction industry driving the demand for carbon fibers from various applications
Restraints: Higher costs of carbon fiber materials as compared to traditional substitutes
Opportunities: Growing demand from emerging markets
Challenges: Lower adoption and aceptance of carbon fiber construction composites

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XX is the fastest-growing raw material type in the carbon fiber construction market, in terms of value

The raw material type of carbon fiber construction market can be broadly classified into pan-based carbon fiber and pitch-based carbon fiber. Carbon fiber …

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