North America Reinforcement Materials Market Forecast 2019-2028

North America Reinforcement Materials Market Forecast 2019-2028KEY FINDINGS
The North America reinforcement materials market is registered to record a CAGR of 5.72% in terms of revenue, and 4.53% in terms of volume, across the forecast period of 2019 to 2028. The region's market growth is driven by factors, such as, the rising renewable energy production, the surging electricity demand, and the rising construction activities.

MARKET INSIGHTS
The North America reinforcement materials market growth analysis includes the evaluation of the United States and Canada. The increasing demand from various application segments in Canada is anticipated to propel the demand for aramid fibers, during the forecast years. Similarly, the optical fibers segment is expected to offer lucrative opportunities, due to the modernization and augmentation of transmission and distribution network. Moreover, the rising demand for electricity and the swift renewable energy growth is predicted to fuel the need for reinforcement materials.
Canada’s construction division is a vital economic driver and presents itself as an accurate indicator of the national economy's strength and weakness. Likewise, the country is extensively recognized as one of the largest markets for residential, commercial, and infrastructural developments. These sectors have observed substantial growth over the last ten years, with nearly 50 skyscrapers built, in leading cities like Toronto, Calgary, and Vancouver. Additionally, Infrastructure Canada sustained more than 6,500 projects, to repair and build thousands of kilometers of highways and expressways, throughout the nation. As a result, the growing construction activities and expanded energy infrastructure have bolstered the demand for wire and cables production, over recent years. Besides, it is likely to maintain a similar trend over the forecast period, as well. Hence, these factors are predicted to fuel the region’s market growth.

COMPETITIVE INSIGHTS
Key companies operating in the region's market are, Honeywell International Inc, DuPont, BASF, Owens Corning, Bast Fibers LLC, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments


1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Parent Market Analysis- Composite Materials Market
3.2. Market Definition
3.3. Key Drivers
3.3.1. Increasing Preference For Lightweight Materials
3.3.2. Enhancement Of Properties Of The Product Due To Reinforcement
3.3.3. Growing End-use Applications
3.3.4. Growth Of Aerospace & Defense Industry
3.4. Key Restraints
3.4.1. High Cost Of Manufacturing
3.4.2. Difficulty Of Repair And Recycling
3.4.3. Environmental Issues
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Impact Of Covid-19 On Reinforcement Materials Market
5. Market By Application
5.1. Construction
5.2. Transportation
5.3. Consumer Goods
5.4. Industrial
5.5. Wind Energy
5.6. Aerospace & Defense
5.7. Other Applications
6. Market By Fiber Type
6.1. Glass Fiber
6.1.1. Rovings
6.1.2. Chopped Strand
6.1.3. Fabrics
6.1.4. Woven Roving
6.1.5. Csm/Cfm
6.1.6. Other Glass Fiber Type
6.2. Aramid Fiber
6.2.1. Para-aramid Fiber
6.2.2. Meta-aramid Fiber & Others
6.3. Carbon Fiber
6.3.1. Pan
6.3.2. Pitch, Rayon & Others (Lignin)
6.4. Natural Fiber
6.4.1. Flax
6.4.2. Kenaf
6.4.3. Hemp
6.4.4. Jute
6.4.5. Others
6.5. Steel Rebar
7. Geographical Analysis
7.1. North America
7.1.1. United States
7.1.2. Canada
8. Company Profiles
8.1. Basf
8.2. Dupont
8.3. Honeywell International Inc
8.4. Nfc Fibers Gmbh
8.5. Teijin Ltd
8.6. Toray Industries Inc
8.7. Owens Corning
8.8. Hyosung Corporation
8.9. Binani Industries
8.10. Bast Fibers Llc

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook